Reward Minerals Ltd (RWD) - Net Assets
Based on the latest financial reports, Reward Minerals Ltd (RWD) has net assets worth AU$-2.61 Million AUD (≈ $-1.85 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$4.98 Million ≈ $3.52 Million USD) and total liabilities (AU$7.59 Million ≈ $5.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Reward Minerals Ltd (RWD) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-2.61 Million |
| % of Total Assets | -52.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.92% |
| 10-Year Change | -104.48% |
| Growth Volatility | 76.99 |
Reward Minerals Ltd - Net Assets Trend (1988–2024)
This chart illustrates how Reward Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RWD total assets for the complete picture of this company's asset base.
Annual Net Assets for Reward Minerals Ltd (1988–2024)
The table below shows the annual net assets of Reward Minerals Ltd from 1988 to 2024. For live valuation and market cap data, see how much is Reward Minerals Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$-1.30 Million ≈ $-918.28K |
-106.45% |
| 2023-12-31 | AU$20.13 Million ≈ $14.24 Million |
-50.12% |
| 2022-12-31 | AU$40.36 Million ≈ $28.56 Million |
-8.35% |
| 2021-12-31 | AU$44.04 Million ≈ $31.16 Million |
-0.98% |
| 2020-12-31 | AU$44.47 Million ≈ $31.47 Million |
+9.96% |
| 2019-12-31 | AU$40.44 Million ≈ $28.61 Million |
+1.56% |
| 2018-12-31 | AU$39.82 Million ≈ $28.18 Million |
+13.86% |
| 2017-12-31 | AU$34.97 Million ≈ $24.74 Million |
+2.25% |
| 2016-12-31 | AU$34.20 Million ≈ $24.20 Million |
+18.20% |
| 2015-12-31 | AU$28.94 Million ≈ $20.47 Million |
+26.73% |
| 2014-12-31 | AU$22.83 Million ≈ $16.16 Million |
+29.25% |
| 2013-12-31 | AU$17.67 Million ≈ $12.50 Million |
+29.37% |
| 2012-12-31 | AU$13.66 Million ≈ $9.66 Million |
+25.00% |
| 2011-12-31 | AU$10.92 Million ≈ $7.73 Million |
+272.44% |
| 2010-12-31 | AU$2.93 Million ≈ $2.08 Million |
-38.52% |
| 2009-12-31 | AU$4.77 Million ≈ $3.38 Million |
-51.12% |
| 2008-12-31 | AU$9.76 Million ≈ $6.91 Million |
-6.19% |
| 2007-12-31 | AU$10.41 Million ≈ $7.36 Million |
+79.75% |
| 2006-12-31 | AU$5.79 Million ≈ $4.10 Million |
+69.15% |
| 2005-12-31 | AU$3.42 Million ≈ $2.42 Million |
-12.12% |
| 2004-12-31 | AU$3.89 Million ≈ $2.76 Million |
+319.02% |
| 2003-12-31 | AU$929.31K ≈ $657.55K |
+0.27% |
| 2002-12-31 | AU$926.81K ≈ $655.78K |
-12.52% |
| 2001-12-31 | AU$1.06 Million ≈ $749.60K |
+6.72% |
| 2000-12-31 | AU$992.70K ≈ $702.40K |
+20.59% |
| 1999-12-31 | AU$823.23K ≈ $582.49K |
+1.92% |
| 1998-12-31 | AU$807.72K ≈ $571.51K |
+3.08% |
| 1997-12-31 | AU$783.61K ≈ $554.46K |
+17.59% |
| 1996-12-31 | AU$666.40K ≈ $471.52K |
-32.89% |
| 1994-12-31 | AU$993.00K ≈ $702.61K |
-4.70% |
| 1993-12-31 | AU$1.04 Million ≈ $737.28K |
+1.17% |
| 1992-12-31 | AU$1.03 Million ≈ $728.79K |
-0.87% |
| 1991-12-31 | AU$1.04 Million ≈ $735.16K |
+1.76% |
| 1990-12-31 | AU$1.02 Million ≈ $722.42K |
-62.85% |
| 1989-12-31 | AU$2.75 Million ≈ $1.94 Million |
-25.59% |
| 1988-12-31 | AU$3.69 Million ≈ $2.61 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Reward Minerals 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 206385.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$49.02 Million | % |
| Other Comprehensive Income | AU$11.57 Million | % |
| Total Equity | AU$-1.30 Million | 100.00% |
Reward Minerals Ltd Competitors by Market Cap
The table below lists competitors of Reward Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Readcloud Ltd
AU:RCL
|
$8.15 Million |
|
Accuracy Shipping Limited
NSE:ACCURACY
|
$8.16 Million |
|
Agroz Inc. Ordinary Shares
NASDAQ:AGRZ
|
$8.16 Million |
|
Axiom Properties Ltd
AU:AXI
|
$8.17 Million |
|
Falmaco Nonwoven Industri PT Tbk
JK:FLMC
|
$8.15 Million |
|
Jeju Beer Co. Ltd.
KQ:276730
|
$8.14 Million |
|
Nagambie Resources Ltd
AU:NAG
|
$8.14 Million |
|
Birks Group Inc
NYSE MKT:BGI
|
$8.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reward Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,131,997 to -1,297,807, a change of -21,429,804 (-106.4%).
- Net loss of 23,676,000 reduced equity.
- Share repurchases of 55,895 reduced equity.
- New share issuances of 2,301,986 increased equity.
- Other factors increased equity by 105.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-23.68 Million | -1824.31% |
| Share Repurchases | AU$55.90K | -4.31% |
| Share Issuances | AU$2.30 Million | +177.38% |
| Other Changes | AU$105.00 | +0.01% |
| Total Change | AU$- | -106.45% |
Book Value vs Market Value Analysis
This analysis compares Reward Minerals 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | AU$0.02 | AU$0.04 | x |
| 1989-12-31 | AU$0.02 | AU$0.04 | x |
| 1990-12-31 | AU$0.01 | AU$0.04 | x |
| 1991-12-31 | AU$0.11 | AU$0.04 | x |
| 1992-12-31 | AU$0.11 | AU$0.04 | x |
| 1993-12-31 | AU$0.11 | AU$0.04 | x |
| 1994-12-31 | AU$0.10 | AU$0.04 | x |
| 1996-12-31 | AU$0.06 | AU$0.04 | x |
| 1997-12-31 | AU$0.07 | AU$0.04 | x |
| 1998-12-31 | AU$0.07 | AU$0.04 | x |
| 1999-12-31 | AU$0.07 | AU$0.04 | x |
| 2000-12-31 | AU$0.08 | AU$0.04 | x |
| 2001-12-31 | AU$0.09 | AU$0.04 | x |
| 2002-12-31 | AU$0.12 | AU$0.04 | x |
| 2003-12-31 | AU$0.08 | AU$0.04 | x |
| 2004-12-31 | AU$0.12 | AU$0.04 | x |
| 2005-12-31 | AU$0.09 | AU$0.04 | x |
| 2006-12-31 | AU$0.13 | AU$0.04 | x |
| 2007-12-31 | AU$0.17 | AU$0.04 | x |
| 2008-12-31 | AU$0.16 | AU$0.04 | x |
| 2009-12-31 | AU$0.07 | AU$0.04 | x |
| 2010-12-31 | AU$0.04 | AU$0.04 | x |
| 2011-12-31 | AU$0.14 | AU$0.04 | x |
| 2012-12-31 | AU$0.17 | AU$0.04 | x |
| 2013-12-31 | AU$0.20 | AU$0.04 | x |
| 2014-12-31 | AU$0.20 | AU$0.04 | x |
| 2015-12-31 | AU$0.25 | AU$0.04 | x |
| 2016-12-31 | AU$0.25 | AU$0.04 | x |
| 2017-12-31 | AU$0.26 | AU$0.04 | x |
| 2018-12-31 | AU$0.27 | AU$0.04 | x |
| 2019-12-31 | AU$0.23 | AU$0.04 | x |
| 2020-12-31 | AU$0.26 | AU$0.04 | x |
| 2021-12-31 | AU$0.23 | AU$0.04 | x |
| 2022-12-31 | AU$0.20 | AU$0.04 | x |
| 2023-12-31 | AU$0.09 | AU$0.04 | x |
| 2024-12-31 | AU$-0.01 | AU$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reward Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -222018.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-27.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | -0.62% | 0.00% | 0.00x | 2.59x | AU$-275.10K |
| 1989 | 8.08% | 0.00% | 0.00x | 1.02x | AU$-52.80K |
| 1996 | -492.50% | 0.00% | 0.00x | 1.52x | AU$-3.35 Million |
| 1998 | -2.10% | 0.00% | 0.00x | 1.18x | AU$-97.77K |
| 1999 | 1.88% | 0.00% | 0.00x | 1.09x | AU$-66.81K |
| 2000 | 17.07% | 72.11% | 0.21x | 1.13x | AU$70.19K |
| 2001 | 6.30% | 48.35% | 0.12x | 1.08x | AU$-39.22K |
| 2002 | -14.31% | -1020.02% | 0.01x | 1.01x | AU$-225.28K |
| 2003 | -14.91% | -494.95% | 0.03x | 1.05x | AU$-231.52K |
| 2004 | -4.38% | -149.74% | 0.03x | 1.01x | AU$-560.10K |
| 2005 | -13.79% | -23589.35% | 0.00x | 1.03x | AU$-814.00K |
| 2006 | -9.64% | -468.91% | 0.02x | 1.04x | AU$-1.14 Million |
| 2007 | -3.19% | -116.08% | 0.03x | 1.01x | AU$-1.37 Million |
| 2008 | -19.30% | -70987.19% | 0.00x | 1.08x | AU$-2.86 Million |
| 2009 | -66.71% | -2658.26% | 0.02x | 1.08x | AU$-3.66 Million |
| 2010 | -62.66% | -1209.21% | 0.05x | 1.14x | AU$-2.13 Million |
| 2011 | -27.62% | -1187.80% | 0.02x | 1.07x | AU$-4.11 Million |
| 2012 | -5.27% | -391.09% | 0.01x | 1.03x | AU$-2.09 Million |
| 2013 | -4.14% | -889.81% | 0.00x | 1.07x | AU$-2.50 Million |
| 2014 | -3.51% | -868.50% | 0.00x | 1.03x | AU$-3.08 Million |
| 2015 | 0.78% | 166.07% | 0.00x | 1.02x | AU$-2.67 Million |
| 2016 | 4.27% | 861.81% | 0.00x | 1.02x | AU$-1.96 Million |
| 2017 | 2.03% | 1606.61% | 0.00x | 1.02x | AU$-2.79 Million |
| 2018 | -0.39% | -330.81% | 0.00x | 1.02x | AU$-4.14 Million |
| 2019 | 1.53% | 1518.89% | 0.00x | 1.02x | AU$-3.42 Million |
| 2020 | -0.54% | -6113.09% | 0.00x | 1.05x | AU$-4.69 Million |
| 2021 | -1.44% | -149295.77% | 0.00x | 1.08x | AU$-5.04 Million |
| 2022 | -9.68% | -70899.85% | 0.00x | 1.10x | AU$-7.94 Million |
| 2023 | -112.62% | -94160.89% | 0.00x | 1.21x | AU$-24.69 Million |
| 2024 | 0.00% | -222018.00% | 0.00x | 0.00x | AU$-23.55 Million |
Industry Comparison
This section compares Reward Minerals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reward Minerals Ltd (RWD) | AU$-2.61 Million | -0.62% | N/A | $8.15 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Reward Minerals Ltd
Reward Minerals Ltd, together with its subsidiary, engages in the exploration and development of potash mineral properties in Australia. Its project includes the Carnarvon Potash Project which covers an area of 219 square kilometers located in Carnarvon in Western Australia. The company was incorporated in 1986 and is headquartered in Nedlands, Australia.