Rocketdna Ltd (RKT) - Net Assets

Latest as of June 2025: AU$4.98 Million AUD ≈ $3.52 Million USD

Based on the latest financial reports, Rocketdna Ltd (RKT) has net assets worth AU$4.98 Million AUD (≈ $3.52 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$8.10 Million ≈ $5.73 Million USD) and total liabilities (AU$3.12 Million ≈ $2.21 Million 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 asset resilience ratio of Rocketdna Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$4.98 Million
% of Total Assets 61.47%
Annual Growth Rate 40.12%
5-Year Change -48.64%
10-Year Change N/A
Growth Volatility 454.82

Rocketdna Ltd - Net Assets Trend (2018–2024)

This chart illustrates how Rocketdna Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RKT asset base for the complete picture of this company's asset base.

Annual Net Assets for Rocketdna Ltd (2018–2024)

The table below shows the annual net assets of Rocketdna Ltd from 2018 to 2024. For live valuation and market cap data, see market cap of Rocketdna Ltd.

Year Net Assets Change
2024-12-31 AU$5.85 Million
≈ $4.14 Million
+26.45%
2023-12-31 AU$4.63 Million
≈ $3.27 Million
-18.15%
2022-12-31 AU$5.65 Million
≈ $4.00 Million
-15.96%
2021-12-31 AU$6.73 Million
≈ $4.76 Million
-40.94%
2020-12-31 AU$11.39 Million
≈ $8.06 Million
+1211.77%
2019-12-31 AU$868.43K
≈ $614.47K
+12.39%
2018-12-31 AU$772.70K
≈ $546.73K
--

Equity Component Analysis

This analysis shows how different components contribute to Rocketdna 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 grown by 235508600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$17.14 Million 277.48%
Other Comprehensive Income AU$-1.01 Million -16.34%
Total Equity AU$6.18 Million 100.00%

Rocketdna Ltd Competitors by Market Cap

The table below lists competitors of Rocketdna Ltd ranked by their market capitalization.

Company Market Cap
M VEST WATER NK-00227652
F:7YA
$20.12 Million
Maral Overseas Limited
NSE:MARALOVER
$20.12 Million
Western Mines Group Ltd
AU:WMG
$20.12 Million
Kyung In Elect
KO:009140
$20.13 Million
E-Home Household Service Holdings Ltd
NASDAQ:EJH
$20.07 Million
Tower Resources Ltd
V:TWR
$20.06 Million
Digicontent Limited
NSE:DGCONTENT
$20.05 Million
Algorae Pharmaceuticals Ltd
AU:1AI
$20.04 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rocketdna Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,924,050 to 6,178,885, a change of 1,254,835 (25.5%).
  • Net loss of 1,923,917 reduced equity.
  • Share repurchases of 182,519 reduced equity.
  • New share issuances of 3,007,310 increased equity.
  • Other comprehensive income increased equity by 401,472.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-1.92 Million -31.14%
Share Repurchases AU$182.52K -2.95%
Share Issuances AU$3.01 Million +48.67%
Other Comprehensive Income AU$401.47K +6.5%
Other Changes AU$-47.51K -0.77%
Total Change AU$- 25.48%

Book Value vs Market Value Analysis

This analysis compares Rocketdna 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: 2.65x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 2.94x to 2.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 AU$0.01 AU$0.02 x
2019-12-31 AU$0.01 AU$0.02 x
2020-12-31 AU$0.02 AU$0.02 x
2021-12-31 AU$0.02 AU$0.02 x
2022-12-31 AU$0.01 AU$0.02 x
2023-12-31 AU$0.01 AU$0.02 x
2024-12-31 AU$0.01 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rocketdna 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): -31.14%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -26.57%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 1.35x
  • Recent ROE (-31.14%) is below the historical average (-29.63%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 -1.61% -5.46% 0.23x 1.26x AU$-1.32 Million
2021 -45.06% -79.05% 0.45x 1.28x AU$-4.43 Million
2022 -34.42% -33.54% 0.82x 1.25x AU$-2.48 Million
2023 -35.93% -28.83% 0.90x 1.38x AU$-2.26 Million
2024 -31.14% -26.57% 0.87x 1.35x AU$-2.54 Million

Industry Comparison

This section compares Rocketdna Ltd's net assets metrics with peer companies in the Computer Hardware industry.

Industry Context

  • Industry: Computer Hardware
  • Average net assets among peers: $-2,423,209
  • Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rocketdna Ltd (RKT) AU$4.98 Million -1.61% 0.63x $20.09 Million
333D Ltd (T3D) $-2.42 Million 0.00% 0.00x $4.42 Million

About Rocketdna Ltd

AU:RKT Australia Computer Hardware
Market Cap
$20.09 Million
AU$28.39 Million AUD
Market Cap Rank
#25021 Global
#1097 in Australia
Share Price
AU$0.02
Change (1 day)
+4.35%
52-Week Range
AU$0.01 - AU$0.03
All Time High
AU$0.03
About

RocketDNA Ltd. engages in the provision of drone-based geo-data and automation solutions for the mining, agriculture, and critical asset industries in Australia and South Africa. The company offers contract aerial surveying and mapping; surveillance and reconnaissance; mining pit conformance, optimization, and de-risking; blast monitoring and fragment analysis; and video, photographic, and therma… Read more