Red Metal Ltd (RDM) - Net Assets
Based on the latest financial reports, Red Metal Ltd (RDM) has net assets worth AU$7.99 Million AUD (≈ $5.66 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.33 Million ≈ $6.60 Million USD) and total liabilities (AU$1.33 Million ≈ $944.47K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Red Metal Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$7.99 Million |
| % of Total Assets | 85.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | 147.63% |
| 10-Year Change | 195.75% |
| Growth Volatility | 91.02 |
Red Metal Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Red Metal Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RDM total asset value for the complete picture of this company's asset base.
Annual Net Assets for Red Metal Ltd (2003–2025)
The table below shows the annual net assets of Red Metal Ltd from 2003 to 2025. For live valuation and market cap data, see Red Metal Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$7.99 Million ≈ $5.66 Million |
-31.90% |
| 2024-06-30 | AU$11.74 Million ≈ $8.31 Million |
+90.05% |
| 2023-06-30 | AU$6.18 Million ≈ $4.37 Million |
-60.05% |
| 2022-06-30 | AU$15.46 Million ≈ $10.94 Million |
+378.89% |
| 2021-06-30 | AU$3.23 Million ≈ $2.28 Million |
+97.37% |
| 2020-06-30 | AU$1.64 Million ≈ $1.16 Million |
+37.10% |
| 2019-06-30 | AU$1.19 Million ≈ $844.13K |
-47.31% |
| 2018-06-30 | AU$2.26 Million ≈ $1.60 Million |
-7.71% |
| 2017-06-30 | AU$2.45 Million ≈ $1.74 Million |
-9.24% |
| 2016-06-30 | AU$2.70 Million ≈ $1.91 Million |
-35.03% |
| 2015-06-30 | AU$4.16 Million ≈ $2.94 Million |
+63.64% |
| 2014-06-30 | AU$2.54 Million ≈ $1.80 Million |
-12.63% |
| 2013-06-30 | AU$2.91 Million ≈ $2.06 Million |
+20.93% |
| 2012-06-30 | AU$2.41 Million ≈ $1.70 Million |
-10.23% |
| 2011-06-30 | AU$2.68 Million ≈ $1.90 Million |
-43.89% |
| 2010-06-30 | AU$4.78 Million ≈ $3.38 Million |
-32.47% |
| 2009-06-30 | AU$7.07 Million ≈ $5.01 Million |
-20.98% |
| 2008-06-30 | AU$8.95 Million ≈ $6.33 Million |
-7.03% |
| 2007-06-30 | AU$9.63 Million ≈ $6.81 Million |
-1.37% |
| 2006-06-30 | AU$9.76 Million ≈ $6.91 Million |
-19.91% |
| 2005-06-30 | AU$12.19 Million ≈ $8.63 Million |
-8.89% |
| 2004-06-30 | AU$13.38 Million ≈ $9.47 Million |
+35312.60% |
| 2003-06-30 | AU$-38.00K ≈ $-26.89K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Red Metal Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5699703100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$46.62 Million | 724.70% |
| Other Comprehensive Income | AU$17.33 Million | 269.39% |
| Total Equity | AU$6.43 Million | 100.00% |
Red Metal Ltd Competitors by Market Cap
The table below lists competitors of Red Metal Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bluerock Homes Trust Inc.
NYSE MKT:BHM
|
$36.64 Million |
|
Cokal Ltd
AU:CKA
|
$36.64 Million |
|
Retail Food Group Ltd
AU:RFG
|
$36.65 Million |
|
Y-S Electronic Co Ltd
TWO:6418
|
$36.65 Million |
|
Trimitra Prawara Goldland Tbk Pt
JK:ATAP
|
$36.62 Million |
|
Smr Utama Tbk
JK:SMRU
|
$36.62 Million |
|
Tamul Multimedia Co. Ltd
KQ:093640
|
$36.59 Million |
|
Jaba I Inversiones Inmobiliarias Socimi SA
MC:YABA
|
$36.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Metal Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,371,243 to 6,433,227, a change of 61,984 (1.0%).
- Net loss of 7,468,115 reduced equity.
- Share repurchases of 6,021,210 reduced equity.
- Other comprehensive income increased equity by 1,537,145.
- Other factors increased equity by 12,014,164.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-7.47 Million | -116.09% |
| Share Repurchases | AU$6.02 Million | -93.6% |
| Other Comprehensive Income | AU$1.54 Million | +23.89% |
| Other Changes | AU$12.01 Million | +186.75% |
| Total Change | AU$- | 0.97% |
Book Value vs Market Value Analysis
This analysis compares Red Metal Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.44x to 7.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$0.31 | AU$0.14 | x |
| 2005-06-30 | AU$0.14 | AU$0.14 | x |
| 2006-06-30 | AU$0.11 | AU$0.14 | x |
| 2007-06-30 | AU$0.11 | AU$0.14 | x |
| 2008-06-30 | AU$0.09 | AU$0.14 | x |
| 2009-06-30 | AU$0.07 | AU$0.14 | x |
| 2010-06-30 | AU$0.05 | AU$0.14 | x |
| 2011-06-30 | AU$0.03 | AU$0.14 | x |
| 2012-06-30 | AU$0.02 | AU$0.14 | x |
| 2013-06-30 | AU$0.02 | AU$0.14 | x |
| 2014-06-30 | AU$0.02 | AU$0.14 | x |
| 2015-06-30 | AU$0.02 | AU$0.14 | x |
| 2016-06-30 | AU$0.02 | AU$0.14 | x |
| 2017-06-30 | AU$0.01 | AU$0.14 | x |
| 2018-06-30 | AU$0.01 | AU$0.14 | x |
| 2019-06-30 | AU$0.01 | AU$0.14 | x |
| 2020-06-30 | AU$0.01 | AU$0.14 | x |
| 2021-06-30 | AU$0.01 | AU$0.14 | x |
| 2022-06-30 | AU$0.04 | AU$0.14 | x |
| 2023-06-30 | AU$0.01 | AU$0.14 | x |
| 2024-06-30 | AU$0.02 | AU$0.14 | x |
| 2025-06-30 | AU$0.02 | AU$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Metal Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -116.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -419.12%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.45x
- Recent ROE (-116.09%) is below the historical average (-63.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -3.90% | -2617.85% | 0.00x | 1.02x | AU$-1.86 Million |
| 2005 | -9.75% | -6272.47% | 0.00x | 1.04x | AU$-2.41 Million |
| 2006 | -25.17% | -11069.98% | 0.00x | 1.06x | AU$-3.43 Million |
| 2007 | -37.15% | -55032.52% | 0.00x | 1.08x | AU$-4.54 Million |
| 2008 | -30.62% | -10833.53% | 0.00x | 1.10x | AU$-3.64 Million |
| 2009 | -28.11% | -189420.10% | 0.00x | 1.05x | AU$-2.70 Million |
| 2010 | -49.98% | -1218.21% | 0.04x | 1.04x | AU$-2.87 Million |
| 2011 | -86.97% | -1523.57% | 0.05x | 1.14x | AU$-2.60 Million |
| 2012 | -72.65% | -312.17% | 0.21x | 1.12x | AU$-1.99 Million |
| 2013 | -160.46% | -4458.72% | 0.03x | 1.10x | AU$-4.96 Million |
| 2014 | -28.74% | -1270.54% | 0.02x | 1.10x | AU$-984.81K |
| 2015 | -77.04% | -2218.08% | 0.03x | 1.08x | AU$-3.62 Million |
| 2016 | -55.42% | -2306.22% | 0.02x | 1.11x | AU$-1.77 Million |
| 2017 | -87.19% | -1470.42% | 0.05x | 1.19x | AU$-2.38 Million |
| 2018 | -97.47% | -1814.71% | 0.05x | 1.13x | AU$-2.43 Million |
| 2019 | -110.49% | -130.41% | 0.64x | 1.33x | AU$-1.44 Million |
| 2020 | 15.82% | 6.43% | 1.82x | 1.35x | AU$95.15K |
| 2021 | -42.13% | -40.39% | 0.77x | 1.35x | AU$-1.68 Million |
| 2022 | -25.97% | -87.38% | 0.16x | 1.89x | AU$-3.18 Million |
| 2023 | -176.95% | -782.47% | 0.09x | 2.40x | AU$-6.56 Million |
| 2024 | -88.56% | -308.94% | 0.13x | 2.18x | AU$-6.28 Million |
| 2025 | -116.09% | -419.12% | 0.19x | 1.45x | AU$-8.11 Million |
Industry Comparison
This section compares Red Metal Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Metal Ltd (RDM) | AU$7.99 Million | -3.90% | 0.17x | $36.64 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Red Metal Ltd
Red Metal Limited, together with its subsidiaries, acquires and explores for mineral properties in Australia. It explores for copper, gold, lithium, silver, lead, zinc, cobalt, nickel, and rare earth deposits. The company was incorporated in 2003 and is based in Sydney, Australia.