Right Resources Limited
Right Resources Limited operates as an exploration company. It holds a portfolio of gold and copper assets covering 2,089 square kilometres comprising six exploration licences in the Tumbarumba region including the Pilot Project, Bullseye Project, and Storm Projects; and two exploration licences in the New England region. The company was incorporated in 2021 and is based in West Perth, Australia.
Right Resources Limited (RRE) - Net Assets
Latest net assets as of June 2025: AU$2.50 Million AUD
Based on the latest financial reports, Right Resources Limited (RRE) has net assets worth AU$2.50 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$3.72 Million) and total liabilities (AU$1.23 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$2.50 Million |
| % of Total Assets | 67.05% |
| Annual Growth Rate | 194.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.28 |
Right Resources Limited - Net Assets Trend (2023–2025)
This chart illustrates how Right Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Right Resources Limited (2023–2025)
The table below shows the annual net assets of Right Resources Limited from 2023 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.50 Million | +182.84% |
| 2024-06-30 | AU$882.95K | +207.39% |
| 2023-06-30 | AU$287.24K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Right Resources Limited'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 2750.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$4.46 Million | 178.69% |
| Other Components | AU$10.00 | 0.00% |
| Total Equity | AU$2.50 Million | 100.00% |
Right Resources Limited Competitors by Market Cap
The table below lists competitors of Right Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fintech Chain Ltd
AU:FTC
|
$623.15K |
|
Polished.com Inc
PINK:POLWQ
|
$623.40K |
|
BRUNSWICK
BE:BWI
|
$624.31K |
|
NEWGOLD EXCHANGE TRADED FUND
XNSA:NEWGOLD
|
$624.47K |
|
METLIFE
BE:MWZ
|
$622.52K |
|
LEON - FINMEC (FMNB.SG)
STU:FMNB
|
$622.24K |
|
VICAT (4HM.SG)
STU:4HM
|
$622.17K |
|
TEMPUR SEALY INTL (TPD.SG)
STU:TPD
|
$622.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Right Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 882,950 to 2,497,300, a change of 1,614,350 (182.8%).
- Net loss of 1,814,890 reduced equity.
- Share repurchases of 3,429,240 reduced equity.
- Other factors increased equity by 6,858,480.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.81 Million | -72.67% |
| Share Repurchases | AU$3.43 Million | -137.32% |
| Other Changes | AU$6.86 Million | +274.64% |
| Total Change | AU$- | 182.84% |
Book Value vs Market Value Analysis
This analysis compares Right Resources Limited'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: 6.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 58.35x to 6.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-06-30 | AU$0.00 | AU$0.15 | x |
| 2024-06-30 | AU$0.01 | AU$0.15 | x |
| 2025-06-30 | AU$0.02 | AU$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Right Resources Limited 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): -72.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.49x
- Recent ROE (-72.67%) is below the historical average (-24.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 24.56% | 23.43% | 0.95x | 1.11x | AU$41.84K |
| 2024 | -25.40% | -370.67% | 0.05x | 1.30x | AU$-312.58K |
| 2025 | -72.67% | 0.00% | 0.00x | 1.49x | AU$-2.06 Million |
Industry Comparison
This section compares Right Resources Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Right Resources Limited (RRE) | AU$2.50 Million | 24.56% | 0.49x | $622.85K |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |