Ramelius Resources Ltd (RMS) - Net Assets
Based on the latest financial reports, Ramelius Resources Ltd (RMS) has net assets worth AU$1.91 Billion AUD (≈ $1.35 Billion 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$2.39 Billion ≈ $1.69 Billion USD) and total liabilities (AU$483.64 Million ≈ $342.20 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 how strategically is Ramelius Resources Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.91 Billion |
| % of Total Assets | 79.76% |
| Annual Growth Rate | 28.08% |
| 5-Year Change | 199.7% |
| 10-Year Change | 1393.42% |
| Growth Volatility | 54.37 |
Ramelius Resources Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Ramelius Resources Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Ramelius Resources Ltd market cap and net worth.
Annual Net Assets for Ramelius Resources Ltd (2002–2025)
The table below shows the annual net assets of Ramelius Resources Ltd from 2002 to 2025. Also explore net asset growth rate of Ramelius Resources Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.91 Billion ≈ $1.35 Billion |
+43.36% |
| 2024-06-30 | AU$1.33 Billion ≈ $940.44 Million |
+41.36% |
| 2023-06-30 | AU$940.25 Million ≈ $665.29 Million |
+30.43% |
| 2022-06-30 | AU$720.87 Million ≈ $510.06 Million |
+13.38% |
| 2021-06-30 | AU$635.78 Million ≈ $449.86 Million |
+23.40% |
| 2020-06-30 | AU$515.22 Million ≈ $364.55 Million |
+84.71% |
| 2019-06-30 | AU$278.94 Million ≈ $197.37 Million |
+38.11% |
| 2018-06-30 | AU$201.97 Million ≈ $142.91 Million |
+18.95% |
| 2017-06-30 | AU$169.80 Million ≈ $120.15 Million |
+33.09% |
| 2016-06-30 | AU$127.59 Million ≈ $90.28 Million |
+28.48% |
| 2015-06-30 | AU$99.30 Million ≈ $70.26 Million |
+28.19% |
| 2014-06-30 | AU$77.46 Million ≈ $54.81 Million |
-49.59% |
| 2013-06-30 | AU$153.67 Million ≈ $108.73 Million |
-24.31% |
| 2012-06-30 | AU$203.02 Million ≈ $143.65 Million |
+32.09% |
| 2011-06-30 | AU$153.70 Million ≈ $108.76 Million |
+39.30% |
| 2010-06-30 | AU$110.34 Million ≈ $78.07 Million |
+96.69% |
| 2009-06-30 | AU$56.10 Million ≈ $39.69 Million |
+66.80% |
| 2008-06-30 | AU$33.63 Million ≈ $23.80 Million |
+31.40% |
| 2007-06-30 | AU$25.60 Million ≈ $18.11 Million |
+231.81% |
| 2006-06-30 | AU$7.71 Million ≈ $5.46 Million |
+61.96% |
| 2005-06-30 | AU$4.76 Million ≈ $3.37 Million |
-10.94% |
| 2004-06-30 | AU$5.35 Million ≈ $3.78 Million |
+60.14% |
| 2003-06-30 | AU$3.34 Million ≈ $2.36 Million |
-47.98% |
| 2002-06-30 | AU$6.42 Million ≈ $4.54 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ramelius 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 grown by 91969292400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$919.66 Million | 48.27% |
| Common Stock | AU$851.84 Million | 44.71% |
| Other Comprehensive Income | AU$133.92 Million | 7.03% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$1.91 Billion | 100.00% |
Ramelius Resources Ltd Competitors by Market Cap
The table below lists competitors of Ramelius Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Everwin Precision Tech
SHE:300115
|
$4.88 Billion |
|
IOI Properties Group Bhd
KLSE:5249
|
$4.88 Billion |
|
Versant Media Group, Inc.
NASDAQ:VSNT
|
$4.88 Billion |
|
Sinotrans Ltd Class A
SHG:601598
|
$4.88 Billion |
|
Global Business Travel Group Inc
NYSE:GBTG
|
$4.88 Billion |
|
MDA Space Ltd.
NYSE:MDA
|
$4.87 Billion |
|
Zhejiang Yinlun Machinery Co Ltd
SHE:002126
|
$4.87 Billion |
|
Mirvac Group
AU:MGR
|
$4.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ramelius Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,329,128,000 to 1,905,423,000, a change of 576,295,000 (43.4%).
- Net income of 474,168,000 contributed positively to equity growth.
- Dividend payments of 70,252,000 reduced retained earnings.
- Other comprehensive income increased equity by 165,029,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$474.17 Million | +24.89% |
| Dividends Paid | AU$70.25 Million | -3.69% |
| Other Comprehensive Income | AU$165.03 Million | +8.66% |
| Other Changes | AU$7.35 Million | +0.39% |
| Total Change | AU$- | 43.36% |
Book Value vs Market Value Analysis
This analysis compares Ramelius 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: 2.19x
- 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 4.70x to 2.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-06-30 | AU$0.76 | AU$3.58 | x |
| 2003-06-30 | AU$0.17 | AU$3.58 | x |
| 2004-06-30 | AU$0.20 | AU$3.58 | x |
| 2005-06-30 | AU$0.08 | AU$3.58 | x |
| 2006-06-30 | AU$0.11 | AU$3.58 | x |
| 2007-06-30 | AU$0.16 | AU$3.58 | x |
| 2008-06-30 | AU$0.20 | AU$3.58 | x |
| 2009-06-30 | AU$0.29 | AU$3.58 | x |
| 2010-06-30 | AU$0.38 | AU$3.58 | x |
| 2011-06-30 | AU$0.52 | AU$3.58 | x |
| 2012-06-30 | AU$0.63 | AU$3.58 | x |
| 2013-06-30 | AU$0.45 | AU$3.58 | x |
| 2014-06-30 | AU$0.22 | AU$3.58 | x |
| 2015-06-30 | AU$0.21 | AU$3.58 | x |
| 2016-06-30 | AU$0.27 | AU$3.58 | x |
| 2017-06-30 | AU$0.32 | AU$3.58 | x |
| 2018-06-30 | AU$0.38 | AU$3.58 | x |
| 2019-06-30 | AU$0.47 | AU$3.58 | x |
| 2020-06-30 | AU$0.73 | AU$3.58 | x |
| 2021-06-30 | AU$0.77 | AU$3.58 | x |
| 2022-06-30 | AU$0.84 | AU$3.58 | x |
| 2023-06-30 | AU$1.04 | AU$3.58 | x |
| 2024-06-30 | AU$1.18 | AU$3.58 | x |
| 2025-06-30 | AU$1.63 | AU$3.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ramelius Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.40%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.25x
- Recent ROE (24.89%) is above the historical average (3.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -0.48% | 0.00% | 0.00x | 1.01x | AU$-672.94K |
| 2003 | -2.89% | 0.00% | 0.00x | 1.05x | AU$-430.57K |
| 2004 | -8.64% | -20063.02% | 0.00x | 1.03x | AU$-997.07K |
| 2005 | -12.28% | -22254.89% | 0.00x | 1.05x | AU$-1.06 Million |
| 2006 | -11.76% | -227.01% | 0.04x | 1.18x | AU$-1.68 Million |
| 2007 | 26.87% | 47.50% | 0.48x | 1.17x | AU$4.32 Million |
| 2008 | 1.82% | 4.09% | 0.36x | 1.25x | AU$-2.75 Million |
| 2009 | 8.87% | 24.87% | 0.28x | 1.28x | AU$-636.49K |
| 2010 | 18.31% | 32.64% | 0.47x | 1.18x | AU$9.16 Million |
| 2011 | 40.60% | 41.81% | 0.68x | 1.43x | AU$47.03 Million |
| 2012 | 1.15% | 2.77% | 0.30x | 1.40x | AU$-17.96 Million |
| 2013 | -33.05% | -37.46% | 0.58x | 1.53x | AU$-66.16 Million |
| 2014 | -110.39% | -64.28% | 1.00x | 1.72x | AU$-93.26 Million |
| 2015 | 16.18% | 12.33% | 0.83x | 1.58x | AU$6.14 Million |
| 2016 | 21.59% | 15.85% | 0.89x | 1.52x | AU$14.78 Million |
| 2017 | 10.41% | 8.96% | 0.84x | 1.39x | AU$694.80K |
| 2018 | 15.23% | 9.00% | 1.16x | 1.47x | AU$10.56 Million |
| 2019 | 7.83% | 6.19% | 0.89x | 1.42x | AU$-6.06 Million |
| 2020 | 22.01% | 24.64% | 0.59x | 1.52x | AU$61.89 Million |
| 2021 | 19.94% | 20.00% | 0.73x | 1.37x | AU$63.20 Million |
| 2022 | 1.72% | 2.05% | 0.62x | 1.35x | AU$-59.68 Million |
| 2023 | 6.55% | 9.75% | 0.53x | 1.27x | AU$-32.46 Million |
| 2024 | 16.30% | 24.54% | 0.55x | 1.20x | AU$83.67 Million |
| 2025 | 24.89% | 39.40% | 0.50x | 1.25x | AU$283.63 Million |
Industry Comparison
This section compares Ramelius Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $45,373,526
- Average return on equity (ROE) among peers: -218.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ramelius Resources Ltd (RMS) | AU$1.91 Billion | -0.48% | 0.25x | $4.88 Billion |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $4.98 Million |
| Ariana Resources Plc (AA2) | $43.27 Million | 6.22% | 0.05x | $45.50 Million |
| Aruma Resources Ltd (AAJ) | $22.04K | -1800.33% | 160.67x | $3.63 Million |
| Astral Resources NL (AAR) | $588.33K | -62.34% | 0.51x | $242.13 Million |
| Antilles Gold Ltd (AAU) | $25.68 Million | -2.46% | 0.07x | $16.24 Million |
| Adelong Gold Ltd (ADG) | $10.46 Million | -19.33% | 0.07x | $7.55 Million |
| Ardiden Ltd (ADV) | $590.83K | -101.21% | 0.36x | $50.94 Million |
| Australian Gold and Copper Ltd (AGC) | $18.99 Million | -0.02% | 0.00x | $25.72 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $16.38 Million |
| Alkane Resources Ltd (ALK) | $345.69 Million | 9.56% | 0.57x | $1.90 Billion |
About Ramelius Resources Ltd
Ramelius Resources Limited engages in the exploration, evaluation, mine development and operation, production, and sale of gold. The company operates through three segments: Mt Magnet, Edna May, and Exploration. It holds a portfolio of projects in Australia. The company was incorporated in 1979 and is based in Perth, Australia.