Randgold Exploration
Randgold & Exploration Company Limited, an investment holding company, operates as an exploration and mining investment company in the gold mining sector in South Africa. Randgold & Exploration Company Limited was incorporated in 1992 and is based in Sandton, South Africa.
Randgold Exploration (RNG) - Net Assets
Latest net assets as of June 2025: ZAC45.99 Million ZAC
Based on the latest financial reports, Randgold Exploration (RNG) has net assets worth ZAC45.99 Million ZAC as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC56.98 Million) and total liabilities (ZAC10.99 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 | ZAC45.99 Million |
| % of Total Assets | 80.7% |
| Annual Growth Rate | -6.82% |
| 5-Year Change | -53.7% |
| 10-Year Change | -68.72% |
| Growth Volatility | 115.31 |
Randgold Exploration - Net Assets Trend (1996–2024)
This chart illustrates how Randgold Exploration's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Randgold Exploration (1996–2024)
The table below shows the annual net assets of Randgold Exploration from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC52.47 Million | -18.79% |
| 2023-12-31 | ZAC64.61 Million | -26.18% |
| 2022-12-31 | ZAC87.53 Million | -16.23% |
| 2021-12-31 | ZAC104.48 Million | -7.80% |
| 2020-12-31 | ZAC113.32 Million | -14.15% |
| 2019-12-31 | ZAC132.00 Million | -15.68% |
| 2018-12-31 | ZAC156.54 Million | +2.50% |
| 2017-12-31 | ZAC152.72 Million | -4.42% |
| 2016-12-31 | ZAC159.78 Million | -4.76% |
| 2015-12-31 | ZAC167.76 Million | +3.30% |
| 2014-12-31 | ZAC162.40 Million | -13.12% |
| 2013-12-31 | ZAC186.91 Million | +6.27% |
| 2012-12-31 | ZAC175.88 Million | +4.05% |
| 2011-12-31 | ZAC169.03 Million | -3.11% |
| 2010-12-31 | ZAC174.46 Million | -76.25% |
| 2009-12-31 | ZAC734.53 Million | +9.63% |
| 2008-12-31 | ZAC670.02 Million | -3.17% |
| 2007-12-31 | ZAC691.97 Million | +76.76% |
| 2006-12-31 | ZAC391.46 Million | +372.41% |
| 2005-12-31 | ZAC82.86 Million | -53.23% |
| 2003-12-31 | ZAC177.19 Million | +180.38% |
| 2002-12-31 | ZAC63.20 Million | -82.45% |
| 2001-12-31 | ZAC360.02 Million | +180.50% |
| 2000-12-31 | ZAC128.35 Million | +375.03% |
| 1999-12-31 | ZAC27.02 Million | -95.55% |
| 1998-12-31 | ZAC606.75 Million | -16.55% |
| 1997-12-31 | ZAC727.11 Million | +91.93% |
| 1996-12-31 | ZAC378.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Randgold Exploration'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 20.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC51.75 Million | 98.64% |
| Common Stock | ZAC716.00K | 1.36% |
| Total Equity | ZAC52.47 Million | 100.00% |
Randgold Exploration Competitors by Market Cap
The table below lists competitors of Randgold Exploration ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RENN Fund Inc
NYSE MKT:RCG
|
$29.35K |
|
Gulf Marine Services PLC
LSE:GMS
|
$29.37K |
|
Platinum International Fund (Quoted Managed Hedge Fund)
AU:PIXX
|
$29.37K |
|
ORANGE PL (TPA1.SG)
STU:TPA1
|
$29.40K |
|
ALTAIR RES INC.
F:90AA
|
$29.27K |
|
AlphaTime Acquisition Corp Warrant
NASDAQ:ATMCW
|
$29.26K |
|
Biogena Group Invest AG
VI:BIO
|
$29.26K |
|
TULLETT PREBON
BE:N5C
|
$29.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Randgold Exploration's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 64,613,000 to 52,470,000, a change of -12,143,000 (-18.8%).
- Net loss of 12,084,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-12.08 Million | -23.03% |
| Other Changes | ZAC-59.00K | -0.11% |
| Total Change | ZAC- | -18.79% |
Book Value vs Market Value Analysis
This analysis compares Randgold Exploration'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: 170.54x
- 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 increased from 20.78x to 170.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | ZAC6.01 | ZAC125.00 | x |
| 1997-12-31 | ZAC4.98 | ZAC125.00 | x |
| 1998-12-31 | ZAC4.36 | ZAC125.00 | x |
| 1999-12-31 | ZAC-0.21 | ZAC125.00 | x |
| 2000-12-31 | ZAC0.10 | ZAC125.00 | x |
| 2001-12-31 | ZAC5.03 | ZAC125.00 | x |
| 2002-12-31 | ZAC0.88 | ZAC125.00 | x |
| 2003-12-31 | ZAC2.48 | ZAC125.00 | x |
| 2005-12-31 | ZAC0.63 | ZAC125.00 | x |
| 2006-12-31 | ZAC4.91 | ZAC125.00 | x |
| 2007-12-31 | ZAC6.69 | ZAC125.00 | x |
| 2008-12-31 | ZAC6.11 | ZAC125.00 | x |
| 2009-12-31 | ZAC6.76 | ZAC125.00 | x |
| 2010-12-31 | ZAC2.44 | ZAC125.00 | x |
| 2011-12-31 | ZAC2.36 | ZAC125.00 | x |
| 2012-12-31 | ZAC2.46 | ZAC125.00 | x |
| 2013-12-31 | ZAC2.61 | ZAC125.00 | x |
| 2014-12-31 | ZAC2.27 | ZAC125.00 | x |
| 2015-12-31 | ZAC2.34 | ZAC125.00 | x |
| 2016-12-31 | ZAC2.23 | ZAC125.00 | x |
| 2017-12-31 | ZAC2.13 | ZAC125.00 | x |
| 2018-12-31 | ZAC2.19 | ZAC125.00 | x |
| 2019-12-31 | ZAC1.84 | ZAC125.00 | x |
| 2020-12-31 | ZAC1.58 | ZAC125.00 | x |
| 2021-12-31 | ZAC1.46 | ZAC125.00 | x |
| 2022-12-31 | ZAC1.22 | ZAC125.00 | x |
| 2023-12-31 | ZAC0.90 | ZAC125.00 | x |
| 2024-12-31 | ZAC0.73 | ZAC125.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Randgold Exploration 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): -23.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2065.64%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.19x
- Recent ROE (-23.03%) is below the historical average (20.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 4.52% | 14.97% | 0.10x | 3.01x | ZAC-23.61 Million |
| 1997 | -90.54% | -101.26% | 0.24x | 3.72x | ZAC-358.67 Million |
| 1998 | -65.54% | -65.94% | 0.22x | 4.52x | ZAC-235.96 Million |
| 1999 | 0.00% | -123.56% | 0.19x | 0.00x | ZAC-305.53 Million |
| 2000 | 567.49% | 2.76% | 1.10x | 186.96x | ZAC40.77 Million |
| 2001 | 59.28% | 25.79% | 0.58x | 3.96x | ZAC177.40 Million |
| 2002 | 43.50% | 1678.14% | 0.02x | 1.26x | ZAC21.17 Million |
| 2003 | 20.44% | 1124.62% | 0.01x | 1.27x | ZAC18.51 Million |
| 2005 | -611.08% | -1270.51% | 0.02x | 26.77x | ZAC-282.32 Million |
| 2006 | 154.10% | 18549.93% | 0.01x | 1.32x | ZAC506.51 Million |
| 2007 | 63.44% | 8080.43% | 0.00x | 1.73x | ZAC255.93 Million |
| 2008 | -5.02% | -208.02% | 0.01x | 1.68x | ZAC-65.66 Million |
| 2009 | 10.81% | 300.34% | 0.02x | 1.64x | ZAC3.94 Million |
| 2010 | 425.01% | 3633.18% | 0.04x | 3.26x | ZAC724.01 Million |
| 2011 | 28.19% | 2609.58% | 0.01x | 1.27x | ZAC30.75 Million |
| 2012 | 3.90% | 23627.59% | 0.00x | 1.24x | ZAC-10.74 Million |
| 2013 | 3.72% | 9281.33% | 0.00x | 1.09x | ZAC-11.73 Million |
| 2014 | 84.02% | 213198.44% | 0.00x | 1.09x | ZAC120.21 Million |
| 2015 | 2.95% | 2392.27% | 0.00x | 1.08x | ZAC-11.82 Million |
| 2016 | -5.43% | -2930.41% | 0.00x | 1.11x | ZAC-24.65 Million |
| 2017 | -4.59% | -2386.73% | 0.00x | 1.09x | ZAC-22.29 Million |
| 2018 | 2.21% | 1089.27% | 0.00x | 1.08x | ZAC-12.20 Million |
| 2019 | -6.17% | -2706.64% | 0.00x | 1.10x | ZAC-21.35 Million |
| 2020 | -11.52% | -3215.02% | 0.00x | 1.10x | ZAC-24.39 Million |
| 2021 | -8.69% | -2287.41% | 0.00x | 1.11x | ZAC-19.53 Million |
| 2022 | -18.90% | -2711.97% | 0.01x | 1.13x | ZAC-25.30 Million |
| 2023 | -35.45% | -1261.40% | 0.02x | 1.16x | ZAC-29.37 Million |
| 2024 | -23.03% | -2065.64% | 0.01x | 1.19x | ZAC-17.33 Million |
Industry Comparison
This section compares Randgold Exploration's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,189,600,000
- Average return on equity (ROE) among peers: 5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Randgold Exploration (RNG) | ZAC45.99 Million | 4.52% | 0.24x | $29.29K |
| Gold Fields Ltd (GFI) | $3.19 Billion | 5.10% | 0.99x | $356.05 Million |