Rand Mining Ltd (RND) - Net Assets

Latest as of June 2025: AU$106.11 Million AUD ≈ $75.08 Million USD

Based on the latest financial reports, Rand Mining Ltd (RND) has net assets worth AU$106.11 Million AUD (≈ $75.08 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$112.74 Million ≈ $79.77 Million USD) and total liabilities (AU$6.63 Million ≈ $4.69 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 Rand Mining Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$106.11 Million
% of Total Assets	94.12%
Annual Growth Rate	8.31%
5-Year Change	17.66%
10-Year Change	55.5%
Growth Volatility	26.21

Rand Mining Ltd - Net Assets Trend (1989–2025)

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

Annual Net Assets for Rand Mining Ltd (1989–2025)

The table below shows the annual net assets of Rand Mining Ltd from 1989 to 2025. For live valuation and market cap data, see RND market cap overview.

Year	Net Assets	Change
2025-06-30	AU$106.11 Million ≈ $75.08 Million	+7.55%
2024-06-30	AU$98.67 Million ≈ $69.81 Million	+1.00%
2023-06-30	AU$97.69 Million ≈ $69.12 Million	+2.66%
2022-06-30	AU$95.16 Million ≈ $67.33 Million	+5.51%
2021-06-30	AU$90.19 Million ≈ $63.81 Million	+4.88%
2020-06-30	AU$85.99 Million ≈ $60.84 Million	-8.07%
2019-06-30	AU$93.54 Million ≈ $66.18 Million	-12.59%
2018-06-30	AU$107.01 Million ≈ $75.72 Million	+36.06%
2017-06-30	AU$78.65 Million ≈ $55.65 Million	+15.25%
2016-06-30	AU$68.24 Million ≈ $48.28 Million	+29.66%
2015-06-30	AU$52.63 Million ≈ $37.24 Million	+15.16%
2014-06-30	AU$45.70 Million ≈ $32.34 Million	+7.15%
2013-06-30	AU$42.66 Million ≈ $30.18 Million	+22.19%
2012-06-30	AU$34.91 Million ≈ $24.70 Million	+9.08%
2011-06-30	AU$32.00 Million ≈ $22.64 Million	+21.13%
2010-06-30	AU$26.42 Million ≈ $18.69 Million	+68.94%
2009-06-30	AU$15.64 Million ≈ $11.07 Million	+11.27%
2008-06-30	AU$14.05 Million ≈ $9.94 Million	+5.72%
2007-06-30	AU$13.29 Million ≈ $9.41 Million	+35.51%
2006-06-30	AU$9.81 Million ≈ $6.94 Million	+8.38%
2005-06-30	AU$9.05 Million ≈ $6.41 Million	-14.26%
2004-06-30	AU$10.56 Million ≈ $7.47 Million	+22.94%
2003-06-30	AU$8.59 Million ≈ $6.08 Million	+16.16%
2002-06-30	AU$7.39 Million ≈ $5.23 Million	+121.84%
2001-06-30	AU$3.33 Million ≈ $2.36 Million	+11.83%
2000-06-30	AU$2.98 Million ≈ $2.11 Million	+2.30%
1999-06-30	AU$2.91 Million ≈ $2.06 Million	+19.54%
1998-06-30	AU$2.44 Million ≈ $1.72 Million	-19.06%
1997-06-30	AU$3.01 Million ≈ $2.13 Million	-11.23%
1996-06-30	AU$3.39 Million ≈ $2.40 Million	-2.23%
1995-06-30	AU$3.47 Million ≈ $2.45 Million	-9.43%
1994-06-30	AU$3.83 Million ≈ $2.71 Million	-12.34%
1993-06-30	AU$4.37 Million ≈ $3.09 Million	-11.59%
1992-06-30	AU$4.94 Million ≈ $3.50 Million	-33.38%
1991-06-30	AU$7.42 Million ≈ $5.25 Million	+6.44%
1990-06-30	AU$6.97 Million ≈ $4.93 Million	+16.32%
1989-06-30	AU$5.99 Million ≈ $4.24 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Rand Mining 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 9785136400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$94.40 Million	88.97%
Common Stock	AU$11.71 Million	11.03%
Total Equity	AU$106.11 Million	100.00%

Rand Mining Ltd Competitors by Market Cap

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

Company	Market Cap
Bon Fame Co Ltd TWO:8433	$92.57 Million
Raisio Oyj HE:RAIKV	$92.62 Million
Amarin Printing and Publishing Public Company Limited BK:AMARIN	$92.72 Million
Shanghai Bailian Group Co Ltd B SHG:900923	$92.73 Million
Synergy Green Industries Limited NSE:SGIL	$92.56 Million
Triunfo Participações e Investimentos S.A SA:TPIS3	$92.52 Million
Poalim Ibi TA:PIU	$92.52 Million
The Platinum Group Public Company Limited BK:PLAT	$92.51 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 98,666,235 to 106,111,400, a change of 7,445,165 (7.5%).
Net income of 13,132,761 contributed positively to equity growth.
Dividend payments of 5,687,596 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$13.13 Million	+12.38%
Dividends Paid	AU$5.69 Million	-5.36%
Total Change	AU$-	7.55%

Book Value vs Market Value Analysis

This analysis compares Rand Mining 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: 1.23x
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 23.09x to 1.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1989-06-30	AU$0.10	AU$2.30	x
1990-06-30	AU$0.12	AU$2.30	x
1991-06-30	AU$0.12	AU$2.30	x
1992-06-30	AU$0.25	AU$2.30	x
1993-06-30	AU$0.22	AU$2.30	x
1994-06-30	AU$0.20	AU$2.30	x
1995-06-30	AU$0.18	AU$2.30	x
1996-06-30	AU$0.17	AU$2.30	x
1997-06-30	AU$0.11	AU$2.30	x
1998-06-30	AU$0.12	AU$2.30	x
1999-06-30	AU$0.11	AU$2.30	x
2000-06-30	AU$0.11	AU$2.30	x
2001-06-30	AU$0.12	AU$2.30	x
2002-06-30	AU$0.21	AU$2.30	x
2003-06-30	AU$0.20	AU$2.30	x
2004-06-30	AU$0.25	AU$2.30	x
2005-06-30	AU$0.22	AU$2.30	x
2006-06-30	AU$0.23	AU$2.30	x
2007-06-30	AU$0.31	AU$2.30	x
2008-06-30	AU$0.32	AU$2.30	x
2009-06-30	AU$0.32	AU$2.30	x
2010-06-30	AU$0.54	AU$2.30	x
2011-06-30	AU$0.53	AU$2.30	x
2012-06-30	AU$0.57	AU$2.30	x
2013-06-30	AU$0.70	AU$2.30	x
2014-06-30	AU$0.75	AU$2.30	x
2015-06-30	AU$0.87	AU$2.30	x
2016-06-30	AU$1.13	AU$2.30	x
2017-06-30	AU$1.31	AU$2.30	x
2018-06-30	AU$1.78	AU$2.30	x
2019-06-30	AU$1.56	AU$2.30	x
2020-06-30	AU$1.43	AU$2.30	x
2021-06-30	AU$1.51	AU$2.30	x
2022-06-30	AU$1.67	AU$2.30	x
2023-06-30	AU$1.72	AU$2.30	x
2024-06-30	AU$1.73	AU$2.30	x
2025-06-30	AU$1.87	AU$2.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rand Mining 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): 12.38%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 30.34%
• Asset Turnover: 0.38x
• Equity Multiplier: 1.06x
Recent ROE (12.38%) is above the historical average (4.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1989	7.48%	10.90%	0.39x	1.78x	AU$-151.10K
1990	-10.89%	-11.73%	0.59x	1.56x	AU$-1.46 Million
1991	6.05%	22450.00%	0.00x	1.02x	AU$-292.80K
1992	-36.44%	0.00%	0.00x	1.04x	AU$-2.30 Million
1993	-13.12%	0.00%	0.00x	1.01x	AU$-1.01 Million
1994	-14.36%	0.00%	0.00x	1.00x	AU$-933.00K
1995	-10.41%	0.00%	0.00x	1.02x	AU$-707.90K
1996	-3.60%	0.00%	0.00x	1.02x	AU$-461.13K
1997	-16.44%	-326.79%	0.05x	1.04x	AU$-795.93K
1998	-23.56%	0.00%	0.00x	1.09x	AU$-817.68K
1999	9.51%	0.00%	0.00x	1.05x	AU$-14.26K
2000	2.25%	0.00%	0.00x	1.05x	AU$-230.90K
2001	-38.20%	0.00%	0.00x	1.22x	AU$-1.61 Million
2002	-4.82%	-43.08%	0.08x	1.32x	AU$-1.10 Million
2003	14.21%	15.09%	0.84x	1.12x	AU$361.20K
2004	18.66%	24.15%	0.73x	1.05x	AU$914.20K
2005	-21.71%	-50089.22%	0.00x	1.42x	AU$-2.87 Million
2006	5.96%	7.36%	0.40x	2.01x	AU$-396.53K
2007	14.99%	18.11%	0.54x	1.54x	AU$663.57K
2008	15.33%	16.15%	0.63x	1.50x	AU$749.51K
2009	10.17%	13.54%	0.50x	1.49x	AU$26.15K
2010	15.70%	27.51%	0.48x	1.20x	AU$1.51 Million
2011	16.84%	41.01%	0.34x	1.21x	AU$2.19 Million
2012	9.03%	20.63%	0.33x	1.32x	AU$-337.79K
2013	17.71%	28.14%	0.51x	1.23x	AU$3.29 Million
2014	6.43%	10.24%	0.55x	1.15x	AU$-1.63 Million
2015	13.87%	29.98%	0.40x	1.16x	AU$2.04 Million
2016	22.40%	47.60%	0.39x	1.20x	AU$8.46 Million
2017	21.01%	47.35%	0.34x	1.29x	AU$8.66 Million
2018	20.66%	49.31%	0.34x	1.22x	AU$11.40 Million
2019	72.04%	84.77%	0.66x	1.29x	AU$58.03 Million
2020	-1.79%	-60.47%	0.03x	1.10x	AU$-10.13 Million
2021	16.86%	35.18%	0.43x	1.12x	AU$6.18 Million
2022	11.20%	33.24%	0.31x	1.10x	AU$1.14 Million
2023	8.42%	27.28%	0.30x	1.04x	AU$-1.55 Million
2024	6.75%	19.17%	0.33x	1.06x	AU$-3.20 Million
2025	12.38%	30.34%	0.38x	1.06x	AU$2.52 Million

Industry Comparison

This section compares Rand Mining Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $7,107,544
Average return on equity (ROE) among peers: -107.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Rand Mining Ltd (RND)	AU$106.11 Million	7.48%	0.06x	$92.56 Million
Australasian Metals Ltd (A8G)	$5.85 Million	-16.53%	0.05x	$3.19 Million
Ariana Resources Plc (AA2)	$21.37 Million	-1.02%	0.03x	$59.56 Million
Aruma Resources Ltd (AAJ)	$4.26 Million	-76.11%	0.14x	$5.69 Million
Astral Resources NL (AAR)	$11.28 Million	49.48%	0.09x	$197.52 Million
Antilles Gold Ltd (AAU)	$4.86 Million	10.22%	0.16x	$28.68 Million
Adelong Gold Ltd (ADG)	$2.90 Million	-71.05%	0.15x	$11.32 Million
Ardiden Ltd (ADV)	$1.30 Million	-752.46%	0.85x	$58.54 Million
Australian Gold and Copper Ltd (AGC)	$17.69 Million	-3.27%	0.01x	$33.34 Million
Ark Mines Ltd (AHK)	$1.27 Million	-210.75%	0.02x	$17.91 Million
Alkane Resources Ltd (ALK)	$303.00K	-0.66%	2.68x	$1.39 Billion

About Rand Mining Ltd

AU:RND Australia Gold

Market Cap

$92.56 Million

AU$130.81 Million AUD

Market Cap Rank

#19491 Global

#644 in Australia

Share Price

AU$2.30

Change (1 day)

-2.13%

52-Week Range

AU$1.70 - AU$2.87

All Time High

AU$2.87