Redstone Resources Ltd

AU:RDS Australia Copper
Market Cap
$2.28 Million
AU$3.69 Million AUD
Market Cap Rank
#35676 Global
#1349 in Australia
Share Price
AU$0.00
Change (1 day)
+0.00%
52-Week Range
AU$0.00 - AU$0.01
All Time High
AU$0.03
About

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.

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