Randgold Exploration (RNG) - Net Assets
Based on the latest financial reports, Randgold Exploration (RNG) has net assets worth ZAC45.99 Million ZAC (≈ $24.44K USD) 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 ≈ $30.28K USD) and total liabilities (ZAC10.99 Million ≈ $5.84K 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 financial resilience of Randgold Exploration to evaluate the company's liquid asset resilience ratio.
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. Also explore Randgold Exploration total assets for the complete picture of this company's asset base.
Annual Net Assets for Randgold Exploration (1996–2024)
The table below shows the annual net assets of Randgold Exploration from 1996 to 2024. For live valuation and market cap data, see Randgold Exploration market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC52.47 Million ≈ $27.89K |
-18.79% |
| 2023-12-31 | ZAC64.61 Million ≈ $34.34K |
-26.18% |
| 2022-12-31 | ZAC87.53 Million ≈ $46.52K |
-16.23% |
| 2021-12-31 | ZAC104.48 Million ≈ $55.53K |
-7.80% |
| 2020-12-31 | ZAC113.32 Million ≈ $60.22K |
-14.15% |
| 2019-12-31 | ZAC132.00 Million ≈ $70.15K |
-15.68% |
| 2018-12-31 | ZAC156.54 Million ≈ $83.19K |
+2.50% |
| 2017-12-31 | ZAC152.72 Million ≈ $81.16K |
-4.42% |
| 2016-12-31 | ZAC159.78 Million ≈ $84.91K |
-4.76% |
| 2015-12-31 | ZAC167.76 Million ≈ $89.16K |
+3.30% |
| 2014-12-31 | ZAC162.40 Million ≈ $86.31K |
-13.12% |
| 2013-12-31 | ZAC186.91 Million ≈ $99.33K |
+6.27% |
| 2012-12-31 | ZAC175.88 Million ≈ $93.47K |
+4.05% |
| 2011-12-31 | ZAC169.03 Million ≈ $89.83K |
-3.11% |
| 2010-12-31 | ZAC174.46 Million ≈ $92.71K |
-76.25% |
| 2009-12-31 | ZAC734.53 Million ≈ $390.36K |
+9.63% |
| 2008-12-31 | ZAC670.02 Million ≈ $356.08K |
-3.17% |
| 2007-12-31 | ZAC691.97 Million ≈ $367.75K |
+76.76% |
| 2006-12-31 | ZAC391.46 Million ≈ $208.04K |
+372.41% |
| 2005-12-31 | ZAC82.86 Million ≈ $44.04K |
-53.23% |
| 2003-12-31 | ZAC177.19 Million ≈ $94.17K |
+180.38% |
| 2002-12-31 | ZAC63.20 Million ≈ $33.58K |
-82.45% |
| 2001-12-31 | ZAC360.02 Million ≈ $191.33K |
+180.50% |
| 2000-12-31 | ZAC128.35 Million ≈ $68.21K |
+375.03% |
| 1999-12-31 | ZAC27.02 Million ≈ $14.36K |
-95.55% |
| 1998-12-31 | ZAC606.75 Million ≈ $322.46K |
-16.55% |
| 1997-12-31 | ZAC727.11 Million ≈ $386.42K |
+91.93% |
| 1996-12-31 | ZAC378.84 Million ≈ $201.33K |
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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 |
|---|---|
|
CASI Pharmaceuticals Inc
NASDAQ:CASI
|
$4.26 Million |
|
Izolacja Jarocin SA
WAR:IZO
|
$4.27 Million |
|
Prostatype Genomics AB
ST:PROGEN
|
$4.27 Million |
|
Paranovus Entertainment Technology Ltd.
NASDAQ:PAVS
|
$4.27 Million |
|
Pensionbee Group PLC
LSE:PBEE
|
$4.26 Million |
|
Horus AG
STU:HRU
|
$4.26 Million |
|
Alliance Pharma plc
LSE:APH
|
$4.26 Million |
|
EAM Solar ASA
OL:EAM
|
$4.26 Million |
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: 152.80x
- 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 18.62x to 152.80x 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 | ZAC112.00 | x |
| 1997-12-31 | ZAC4.98 | ZAC112.00 | x |
| 1998-12-31 | ZAC4.36 | ZAC112.00 | x |
| 1999-12-31 | ZAC-0.21 | ZAC112.00 | x |
| 2000-12-31 | ZAC0.10 | ZAC112.00 | x |
| 2001-12-31 | ZAC5.03 | ZAC112.00 | x |
| 2002-12-31 | ZAC0.88 | ZAC112.00 | x |
| 2003-12-31 | ZAC2.48 | ZAC112.00 | x |
| 2005-12-31 | ZAC0.63 | ZAC112.00 | x |
| 2006-12-31 | ZAC4.91 | ZAC112.00 | x |
| 2007-12-31 | ZAC6.69 | ZAC112.00 | x |
| 2008-12-31 | ZAC6.11 | ZAC112.00 | x |
| 2009-12-31 | ZAC6.76 | ZAC112.00 | x |
| 2010-12-31 | ZAC2.44 | ZAC112.00 | x |
| 2011-12-31 | ZAC2.36 | ZAC112.00 | x |
| 2012-12-31 | ZAC2.46 | ZAC112.00 | x |
| 2013-12-31 | ZAC2.61 | ZAC112.00 | x |
| 2014-12-31 | ZAC2.27 | ZAC112.00 | x |
| 2015-12-31 | ZAC2.34 | ZAC112.00 | x |
| 2016-12-31 | ZAC2.23 | ZAC112.00 | x |
| 2017-12-31 | ZAC2.13 | ZAC112.00 | x |
| 2018-12-31 | ZAC2.19 | ZAC112.00 | x |
| 2019-12-31 | ZAC1.84 | ZAC112.00 | x |
| 2020-12-31 | ZAC1.58 | ZAC112.00 | x |
| 2021-12-31 | ZAC1.46 | ZAC112.00 | x |
| 2022-12-31 | ZAC1.22 | ZAC112.00 | x |
| 2023-12-31 | ZAC0.90 | ZAC112.00 | x |
| 2024-12-31 | ZAC0.73 | ZAC112.00 | 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: $4,597,369,588
- Average return on equity (ROE) among peers: -12.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Randgold Exploration (RNG) | ZAC45.99 Million | 4.52% | 0.24x | $4.26 Million |
| AngloGold Ashanti Ltd (ANG) | $2.47 Billion | 1.26% | 1.95x | $43.23 Billion |
| DRDGOLD Limited (DRD) | $-59.47 Million | 0.00% | 0.00x | $2.24 Billion |
| Gold Fields Ltd (GFI) | $510.60 Million | 36.82% | 0.49x | $36.55 Billion |
| Harmony Gold Mining Co. Ltd. (HAR) | $19.92 Billion | -20.58% | 0.52x | $9.58 Billion |
| Pan African Resources PLC (PAN) | $151.27 Million | -80.61% | 1.29x | $3.60 Billion |
About 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.