REEGF
Resources & Energy Group Limited explores for, develops, and produces mineral deposits in Australia. It explores for gold and silver deposits. The company's flagship project is the East Menzies Gold project that consists of 50 tenements covering an area of 103 square kilometers located in the north of Kalgoorlie, Western Australia. Resources & Energy Group Limited was incorporated in 2004 and is … Read more
REEGF (REEGF) - Net Assets
Latest net assets as of June 2024: $10.33 Million USD
Based on the latest financial reports, REEGF (REEGF) has net assets worth $10.33 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.81 Million) and total liabilities ($1.48 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 | $10.33 Million |
| % of Total Assets | 87.51% |
| Annual Growth Rate | 8.44% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.11 |
REEGF - Net Assets Trend (2020–2024)
This chart illustrates how REEGF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for REEGF (2020–2024)
The table below shows the annual net assets of REEGF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $10.33 Million | +6.72% |
| 2023-06-30 | $9.68 Million | -23.96% |
| 2022-06-30 | $12.73 Million | +38.36% |
| 2021-06-30 | $9.20 Million | +23.14% |
| 2020-06-30 | $7.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to REEGF'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 567241600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $40.49 Million | 507.80% |
| Total Equity | $7.97 Million | 100.00% |
REEGF Competitors by Market Cap
The table below lists competitors of REEGF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wawel S.A.
F:0K6
|
$1.96 Million |
|
WYGC
OTCQB:WYGC
|
$1.96 Million |
|
Northann Corp.
NYSE MKT:NCL
|
$1.96 Million |
|
New Sources Energy N.V
AS:NSE
|
$1.96 Million |
|
Augustus Minerals Ltd
AU:AUG
|
$1.96 Million |
|
SILVER BULLET DATA LS-01
F:68Q
|
$1.96 Million |
|
Your Family Entertainment AG
F:RTV
|
$1.96 Million |
|
Atta Global Group Bhd
KLSE:7099
|
$1.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in REEGF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,320,462 to 7,972,940, a change of 652,478 (8.9%).
- Net loss of 1,246,084 reduced equity.
- Share repurchases of 77,033 reduced equity.
- New share issuances of 1,512,010 increased equity.
- Other factors increased equity by 463,585.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.25 Million | -15.63% |
| Share Repurchases | $77.03K | -0.97% |
| Share Issuances | $1.51 Million | +18.96% |
| Other Changes | $463.58K | +5.81% |
| Total Change | $- | 8.91% |
Book Value vs Market Value Analysis
This analysis compares REEGF'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: 0.41x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.01 | $0.01 | x |
| 2021-06-30 | $0.02 | $0.01 | x |
| 2022-06-30 | $0.02 | $0.01 | x |
| 2023-06-30 | $0.01 | $0.01 | x |
| 2024-06-30 | $0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently REEGF 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): -15.63%
- 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: 1.48x
- Recent ROE (-15.63%) is above the historical average (-23.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -61.22% | 0.00% | 0.00x | 1.68x | $-3.64 Million |
| 2021 | -21.53% | 0.00% | 0.00x | 1.47x | $-2.16 Million |
| 2022 | 1.58% | 0.00% | 0.00x | 1.33x | $-873.35K |
| 2023 | -18.20% | 0.00% | 0.00x | 1.47x | $-2.06 Million |
| 2024 | -15.63% | 0.00% | 0.00x | 1.48x | $-2.04 Million |
Industry Comparison
This section compares REEGF's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| REEGF (REEGF) | $10.33 Million | -61.22% | 0.14x | $1.96 Million |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |