Meteoric Resources NL (RNF) - Net Assets
Based on the latest financial reports, Meteoric Resources NL (RNF) has net assets worth €8.43 Million EUR (≈ $9.86 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 (€17.01 Million ≈ $19.89 Million USD) and total liabilities (€8.58 Million ≈ $10.03 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 Meteoric Resources NL tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.43 Million |
| % of Total Assets | 49.57% |
| Annual Growth Rate | 26.87% |
| 5-Year Change | 81.12% |
| 10-Year Change | 2930.08% |
| Growth Volatility | 253.66 |
Meteoric Resources NL - Net Assets Trend (2014–2025)
This chart illustrates how Meteoric Resources NL's net assets have evolved over time, based on quarterly financial data. See Meteoric Resources NL defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Meteoric Resources NL (2014–2025)
The table below shows the annual net assets of Meteoric Resources NL from 2014 to 2025. For live valuation and market cap data, see Meteoric Resources NL market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €8.43 Million ≈ $9.86 Million |
+1.46% |
| 2024-06-30 | €8.31 Million ≈ $9.72 Million |
-47.65% |
| 2023-06-30 | €15.88 Million ≈ $18.57 Million |
+836.71% |
| 2022-06-30 | €1.70 Million ≈ $1.98 Million |
-63.59% |
| 2021-06-30 | €4.66 Million ≈ $5.44 Million |
-28.76% |
| 2020-06-30 | €6.54 Million ≈ $7.64 Million |
+174.74% |
| 2019-06-30 | €2.38 Million ≈ $2.78 Million |
-23.99% |
| 2018-06-30 | €3.13 Million ≈ $3.66 Million |
+237.60% |
| 2017-06-30 | €927.13K ≈ $1.08 Million |
+233.10% |
| 2016-06-30 | €278.33K ≈ $325.40K |
-16.26% |
| 2015-06-30 | €332.39K ≈ $388.60K |
-45.95% |
| 2014-06-30 | €615.02K ≈ $719.03K |
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Equity Component Analysis
This analysis shows how different components contribute to Meteoric Resources NL'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 12423328700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €144.03 Million | 1707.74% |
| Total Equity | €8.43 Million | 100.00% |
Meteoric Resources NL Competitors by Market Cap
The table below lists competitors of Meteoric Resources NL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dredging Corporation of India Limited
NSE:DREDGECORP
|
$344.35 Million |
|
Interarch Building Products Limited
NSE:INTERARCH
|
$344.37 Million |
|
Zhejiang Shengda Pharm
SHG:603079
|
$344.38 Million |
|
SuRo Capital Corp
NASDAQ:SSSS
|
$344.39 Million |
|
KRAKacquisition Corp Class A Ordinary Shares
NASDAQ:KRAQ
|
$344.31 Million |
|
Chengdu Huasun Group Inc Ltd
SHE:000790
|
$344.09 Million |
|
Erajaya Swasembada Tbk
JK:ERAA
|
$344.04 Million |
|
YC Inox Co Ltd
TW:2034
|
$343.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meteoric Resources NL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,312,737 to 8,433,784, a change of 121,047 (1.5%).
- Net loss of 36,467,526 reduced equity.
- Share repurchases of 1,589,737 reduced equity.
- New share issuances of 30,920,047 increased equity.
- Other factors increased equity by 7,258,263.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-36.47 Million | -432.4% |
| Share Repurchases | €1.59 Million | -18.85% |
| Share Issuances | €30.92 Million | +366.62% |
| Other Changes | €7.26 Million | +86.06% |
| Total Change | €- | 1.46% |
Book Value vs Market Value Analysis
This analysis compares Meteoric Resources NL'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: 28.26x
- 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 34.91x to 28.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.00 | €0.10 | x |
| 2018-06-30 | €0.01 | €0.10 | x |
| 2019-06-30 | €0.00 | €0.10 | x |
| 2020-06-30 | €0.01 | €0.10 | x |
| 2021-06-30 | €0.00 | €0.10 | x |
| 2022-06-30 | €0.00 | €0.10 | x |
| 2023-06-30 | €0.01 | €0.10 | x |
| 2024-06-30 | €0.00 | €0.10 | x |
| 2025-06-30 | €0.00 | €0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meteoric Resources NL 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): -432.40%
- 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: 2.02x
- Recent ROE (-432.40%) is below the historical average (-209.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -102.72% | -17573.27% | 0.01x | 1.10x | €-693.26K |
| 2015 | -124.54% | -57979.27% | 0.00x | 1.54x | €-447.21K |
| 2016 | -337.89% | 0.00% | 0.00x | 1.50x | €-968.29K |
| 2017 | -48.48% | 0.00% | 0.00x | 1.22x | €-542.16K |
| 2018 | -215.07% | 0.00% | 0.00x | 1.08x | €-7.04 Million |
| 2019 | -187.07% | -8901.23% | 0.02x | 1.16x | €-4.69 Million |
| 2020 | -109.32% | 0.00% | 0.00x | 1.03x | €-7.80 Million |
| 2021 | -194.22% | 0.00% | 0.00x | 1.11x | €-9.51 Million |
| 2022 | -327.69% | 0.00% | 0.00x | 1.25x | €-5.72 Million |
| 2023 | -232.98% | 0.00% | 0.00x | 1.14x | €-38.58 Million |
| 2024 | -196.88% | 0.00% | 0.00x | 1.98x | €-17.20 Million |
| 2025 | -432.40% | 0.00% | 0.00x | 2.02x | €-37.31 Million |
Industry Comparison
This section compares Meteoric Resources NL'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: $5,102,391
- Average return on equity (ROE) among peers: -52.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meteoric Resources NL (RNF) | €8.43 Million | -102.72% | 1.02x | $344.35 Million |
| Scandium International Mining Corp (0E6) | $1.33 Million | -158.28% | 0.03x | $31.49 Million |
| PROSPECT RIDGE RESOURCES (0ED) | $6.44 Million | -34.62% | 0.09x | $3.19 Million |
| Asiamet Resources Ltd (0FK) | $7.46 Million | -78.84% | 0.24x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.25 Million | -20.09% | 0.38x | $317.36K |
| Benz Mining Corp (1VU) | $22.89 Million | -32.78% | 0.12x | $405.93 Million |
| BENZ MINING CORP CDI/1 (1VU0) | $8.77 Million | -54.50% | 0.49x | $397.29 Million |
| Pacific Empire Minerals Corp (1YK) | $782.75K | -129.26% | 0.24x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.22 Million | -19.90% | 0.46x | $70.07K |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.24 Million |
About Meteoric Resources NL
Meteoric Resources NL, together with its subsidiaries, explores and develops mineral tenements in Brazil. Its flagship property is the Caldeira rare earth ionic clay project comprising 72 mining and exploration licenses covering an area of approximately 17,176 hectares located between the cities of Caldas, Poços de Caldas, and Andrades in the southwest region of the state of Minas Gerais in Brazi… Read more