Rox Resources Limited
Rox Resources Limited engages in the exploration and evaluation of mineral resources in Western Australia. It explores for gold, nickel, copper, cobalt, and platinum group elements. The company's principal assets include 100% interests in the Fisher East Nickel project covering an area of approximately 350 square kilometers located in the North Eastern Goldfields region; the Mt Fisher Gold projec… Read more
Rox Resources Limited (RXXRF) - Net Assets
Latest net assets as of June 2024: $42.61 Million USD
Based on the latest financial reports, Rox Resources Limited (RXXRF) has net assets worth $42.61 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 ($57.09 Million) and total liabilities ($14.48 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 | $42.61 Million |
| % of Total Assets | 74.63% |
| Annual Growth Rate | 32.13% |
| 5-Year Change | 90.4% |
| 10-Year Change | N/A |
| Growth Volatility | 125.22 |
Rox Resources Limited - Net Assets Trend (2014–2024)
This chart illustrates how Rox Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rox Resources Limited (2014–2024)
The table below shows the annual net assets of Rox Resources Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $42.61 Million | +188.83% |
| 2023-06-30 | $14.75 Million | +2.97% |
| 2022-06-30 | $14.33 Million | -42.26% |
| 2021-06-30 | $24.81 Million | +10.87% |
| 2020-06-30 | $22.38 Million | +41.31% |
| 2018-06-30 | $15.84 Million | -14.73% |
| 2017-06-30 | $18.57 Million | +373.06% |
| 2016-06-30 | $3.93 Million | -11.14% |
| 2015-06-30 | $4.42 Million | +68.22% |
| 2014-06-30 | $2.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rox Resources Limited'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 5774987300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $130.41 Million | 306.06% |
| Total Equity | $42.61 Million | 100.00% |
Rox Resources Limited Competitors by Market Cap
The table below lists competitors of Rox Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Femion Technology S.A.
WAR:FEM
|
$686.90 |
|
Dewan Automotive Engineering Limited
KAR:DWAE
|
$687.63 |
|
Sarwa Capital Holding
EGX:SRWA
|
$687.77 |
|
Macpac Films Ltd
KAR:MACFL
|
$688.82 |
|
Horrison Resources Inc
PINK:HRSR
|
$684.99 |
|
Naughty Ventures Corp.
F:5DE0
|
$683.19 |
|
Lorenzini Apparels Limited
NSE:LAL
|
$682.24 |
|
MART RESOURCES
BE:NJ9
|
$681.18 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rox Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,752,000 to 42,608,000, a change of 27,856,000 (188.8%).
- Net loss of 13,699,000 reduced equity.
- Share repurchases of 426,000 reduced equity.
- New share issuances of 13,223,000 increased equity.
- Other factors increased equity by 28,758,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.70 Million | -32.15% |
| Share Repurchases | $426.00K | -1.0% |
| Share Issuances | $13.22 Million | +31.03% |
| Other Changes | $28.76 Million | +67.49% |
| Total Change | $- | 188.83% |
Book Value vs Market Value Analysis
This analysis compares Rox Resources Limited'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: 0.72x
- 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.
- The price-to-book ratio has increased from 0.45x to 0.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.17 | $0.08 | x |
| 2021-06-30 | $0.16 | $0.08 | x |
| 2022-06-30 | $0.08 | $0.08 | x |
| 2023-06-30 | $0.07 | $0.08 | x |
| 2024-06-30 | $0.10 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rox Resources Limited 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): -32.15%
- 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: 1.34x
- Recent ROE (-32.15%) is above the historical average (-64.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -223.55% | -11636.30% | 0.01x | 1.41x | $-6.13 Million |
| 2015 | -141.27% | 0.00% | 0.00x | 1.60x | $-6.68 Million |
| 2016 | -63.34% | -18703.91% | 0.00x | 1.06x | $-2.88 Million |
| 2017 | 72.30% | 0.00% | 0.00x | 1.05x | $11.57 Million |
| 2018 | -20.46% | 0.00% | 0.00x | 1.06x | $-4.82 Million |
| 2020 | -33.38% | 0.00% | 0.00x | 1.27x | $-9.71 Million |
| 2021 | -47.41% | 0.00% | 0.00x | 1.32x | $-14.25 Million |
| 2022 | -97.37% | 0.00% | 0.00x | 1.48x | $-15.38 Million |
| 2023 | -59.40% | 0.00% | 0.00x | 1.52x | $-10.24 Million |
| 2024 | -32.15% | 0.00% | 0.00x | 1.34x | $-17.96 Million |
Industry Comparison
This section compares Rox Resources Limited's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,282,152,580
- Average return on equity (ROE) among peers: 31.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rox Resources Limited (RXXRF) | $42.61 Million | -223.55% | 0.34x | $685.88 |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |