Redstone Resources Ltd
Redstone Resources Limited engages in the exploration of mineral properties in Australia and Canada. It explores for copper, nickel, and cobalt deposits. The company was incorporated in 1999 and is based in West Perth, Australia.
Redstone Resources Ltd (RDS) - Net Assets
Latest net assets as of June 2025: AU$9.41 Million AUD
Based on the latest financial reports, Redstone Resources Ltd (RDS) has net assets worth AU$9.41 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$10.55 Million) and total liabilities (AU$1.14 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$9.41 Million |
| % of Total Assets | 89.19% |
| Annual Growth Rate | 14.63% |
| 5-Year Change | -0.19% |
| 10-Year Change | 161272.36% |
| Growth Volatility | 20754.9 |
Redstone Resources Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Redstone Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Redstone Resources Ltd (2004–2025)
The table below shows the annual net assets of Redstone Resources Ltd from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$9.41 Million | -0.35% |
| 2024-06-30 | AU$9.44 Million | -4.94% |
| 2023-06-30 | AU$9.93 Million | +6.99% |
| 2022-06-30 | AU$9.29 Million | -1.51% |
| 2021-06-30 | AU$9.43 Million | +40.34% |
| 2020-06-30 | AU$6.72 Million | +97503.46% |
| 2019-06-30 | AU$6.88K | +20.65% |
| 2018-06-30 | AU$5.70K | -5.38% |
| 2017-06-30 | AU$6.03K | +3.39% |
| 2016-06-30 | AU$5.83K | +13.29% |
| 2015-06-30 | AU$5.15K | -9.17% |
| 2014-06-30 | AU$5.67K | -99.90% |
| 2013-06-30 | AU$5.44 Million | -38.35% |
| 2012-06-30 | AU$8.82 Million | -10.02% |
| 2011-06-30 | AU$9.80 Million | +100.17% |
| 2010-06-30 | AU$4.90 Million | -2.21% |
| 2009-06-30 | AU$5.01 Million | -37.95% |
| 2008-06-30 | AU$8.07 Million | +56.42% |
| 2007-06-30 | AU$5.16 Million | -21.44% |
| 2006-06-30 | AU$6.57 Million | +941.71% |
| 2005-06-30 | AU$630.23K | +17.80% |
| 2004-06-30 | AU$535.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Redstone Resources 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 2156851600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$30.29 Million | 321.85% |
| Other Comprehensive Income | AU$693.19K | 7.37% |
| Total Equity | AU$9.41 Million | 100.00% |
Redstone Resources Ltd Competitors by Market Cap
The table below lists competitors of Redstone Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PowerUp Acquisition Corp
NASDAQ:PWUP
|
$1.18 Million |
|
Goenka Diamond and Jewels Limited
NSE:GOENKA
|
$1.18 Million |
|
NUERNB BETLG -B-
BE:NBG6
|
$1.18 Million |
|
Optiva Inc
PINK:RKNEF
|
$1.18 Million |
|
Downing Four AIM Shs
LSE:D4A
|
$1.18 Million |
|
HAWKINS
BE:HWK
|
$1.18 Million |
|
CYBHF
PINK:CYBHF
|
$1.18 Million |
|
New England Power Company PFD 6%
PINK:NEWEN
|
$1.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Redstone Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,442,953 to 9,409,687, a change of -33,266 (-0.4%).
- Net loss of 543,366 reduced equity.
- Other comprehensive income increased equity by 67,944.
- Other factors increased equity by 442,156.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-543.37K | -5.77% |
| Other Comprehensive Income | AU$67.94K | +0.72% |
| Other Changes | AU$442.16K | +4.7% |
| Total Change | AU$- | -0.35% |
Book Value vs Market Value Analysis
This analysis compares Redstone Resources 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: 0.30x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$135532.90 | AU$0.00 | x |
| 2006-06-30 | AU$0.51 | AU$0.00 | x |
| 2007-06-30 | AU$0.06 | AU$0.00 | x |
| 2008-06-30 | AU$0.09 | AU$0.00 | x |
| 2009-06-30 | AU$0.06 | AU$0.00 | x |
| 2010-06-30 | AU$0.04 | AU$0.00 | x |
| 2011-06-30 | AU$0.07 | AU$0.00 | x |
| 2012-06-30 | AU$0.06 | AU$0.00 | x |
| 2013-06-30 | AU$0.03 | AU$0.00 | x |
| 2014-06-30 | AU$0.00 | AU$0.00 | x |
| 2015-06-30 | AU$0.00 | AU$0.00 | x |
| 2016-06-30 | AU$0.00 | AU$0.00 | x |
| 2017-06-30 | AU$0.00 | AU$0.00 | x |
| 2018-06-30 | AU$0.00 | AU$0.00 | x |
| 2019-06-30 | AU$0.00 | AU$0.00 | x |
| 2020-06-30 | AU$0.01 | AU$0.00 | x |
| 2021-06-30 | AU$0.02 | AU$0.00 | x |
| 2022-06-30 | AU$0.01 | AU$0.00 | x |
| 2023-06-30 | AU$0.01 | AU$0.00 | x |
| 2024-06-30 | AU$0.01 | AU$0.00 | x |
| 2025-06-30 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Redstone Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -187.01%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.12x
- Recent ROE (-5.77%) is above the historical average (-2810.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -30.25% | 0.00% | 0.00x | 1.49x | AU$-253.64K |
| 2006 | -9.28% | 0.00% | 0.00x | 1.05x | AU$-1.27 Million |
| 2007 | -39.39% | -253959.50% | 0.00x | 1.11x | AU$-2.55 Million |
| 2008 | -15.06% | -77018.71% | 0.00x | 1.06x | AU$-2.02 Million |
| 2009 | -68.18% | -13651.42% | 0.00x | 1.17x | AU$-3.91 Million |
| 2010 | -53.59% | 0.00% | 0.00x | 1.10x | AU$-3.11 Million |
| 2011 | -11.84% | -831.18% | 0.01x | 1.08x | AU$-2.14 Million |
| 2012 | -21.48% | -7265.57% | 0.00x | 1.07x | AU$-2.78 Million |
| 2013 | -102.72% | -7812.32% | 0.01x | 1.12x | AU$-6.13 Million |
| 2014 | -25488.54% | 0.00% | 0.00x | 1.14x | AU$-1.44 Million |
| 2015 | -10099.96% | -850.24% | 9.81x | 1.21x | AU$-520.35K |
| 2016 | -7512.57% | -17663.75% | 0.39x | 1.09x | AU$-438.64K |
| 2017 | -5387.81% | -25179.30% | 0.20x | 1.09x | AU$-325.42K |
| 2018 | -6117.48% | -280.54% | 19.20x | 1.14x | AU$-349.54K |
| 2019 | -4026.85% | -302.12% | 12.68x | 1.05x | AU$-277.83K |
| 2020 | -2.46% | -91.19% | 0.03x | 1.05x | AU$-836.66K |
| 2021 | -3.27% | -167.19% | 0.02x | 1.03x | AU$-1.25 Million |
| 2022 | -6.65% | -2856.70% | 0.00x | 1.06x | AU$-1.55 Million |
| 2023 | -4.60% | -2113.61% | 0.00x | 1.05x | AU$-1.45 Million |
| 2024 | -12.28% | -1313.84% | 0.01x | 1.04x | AU$-2.10 Million |
| 2025 | -5.77% | -187.01% | 0.03x | 1.12x | AU$-1.48 Million |
Industry Comparison
This section compares Redstone Resources Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $39,872,798
- Average return on equity (ROE) among peers: -6.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Redstone Resources Ltd (RDS) | AU$9.41 Million | -30.25% | 0.12x | $1.18 Million |
| Alma Metals Ltd (ALM) | $12.51 Million | -39.25% | 0.02x | $9.87 Million |
| Austral Resources Australia Ltd (AR1) | $901.74K | 355.70% | 0.11x | $12.69 Million |
| Castillo Copper Ltd (CCZ) | $3.03 Million | -58.54% | 0.10x | $9.90 Million |
| Culpeo Minerals Ltd (CPO) | $-601.52K | 0.00% | 0.00x | $1.83 Million |
| Copper Strike Ltd (CSE) | $19.10 Million | -6.32% | 0.02x | $4.95 Million |
| Caravel Minerals Ltd (CVV) | $4.60 Million | -139.17% | 0.20x | $89.58 Million |
| Greenx Metals Ltd (GRX) | $11.81 Million | -30.96% | 0.33x | $115.59 Million |
| Hot Chili Ltd (HCH) | $79.08 Million | -10.89% | 0.17x | $111.71 Million |
| MAC Copper Ltd (MAC) | $268.03 Million | -53.93% | 3.87x | $943.30 Million |
| Noronex Ltd (NRX) | $260.73K | -79.78% | 0.02x | $2.26 Million |