RE Royalties Ltd
RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy and clean technology companies by providing a non-dilutive royalty financing solution to privately held and publicly traded companies. As of December 31, 2024, it owned a portfolio of 106 royalties on solar, wind, hydro, battery storage, energy efficiency, and renewable natural gas projects in Canada, Me… Read more
RE Royalties Ltd (RROYF) - Net Assets
Latest net assets as of September 2025: $3.54 Million USD
Based on the latest financial reports, RE Royalties Ltd (RROYF) has net assets worth $3.54 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($49.53 Million) and total liabilities ($45.99 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 | $3.54 Million |
| % of Total Assets | 7.14% |
| Annual Growth Rate | 72.3% |
| 5-Year Change | -58.85% |
| 10-Year Change | N/A |
| Growth Volatility | 3103.15 |
RE Royalties Ltd - Net Assets Trend (2016–2024)
This chart illustrates how RE Royalties Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RE Royalties Ltd (2016–2024)
The table below shows the annual net assets of RE Royalties Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.00 Million | -59.04% |
| 2023-12-31 | $17.09 Million | -16.19% |
| 2022-12-31 | $20.39 Million | +41.52% |
| 2021-12-31 | $14.41 Million | -15.30% |
| 2020-12-31 | $17.01 Million | -3.33% |
| 2019-12-31 | $17.59 Million | -6.88% |
| 2018-12-31 | $18.89 Million | +9390.64% |
| 2017-12-31 | $199.07K | +120.88% |
| 2016-12-31 | $90.13K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RE Royalties Ltd'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 2828094300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $33.87 Million | 651.44% |
| Total Equity | $5.20 Million | 100.00% |
RE Royalties Ltd Competitors by Market Cap
The table below lists competitors of RE Royalties Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
477380
KQ:477380
|
$9.78 Million |
|
Elicera Therapeutics AB
ST:ELIC
|
$9.78 Million |
|
DJ Mediaprint & Logistics Limited
NSE:DJML
|
$9.78 Million |
|
Filatex Fashions Limited
NSE:FILATFASH
|
$9.78 Million |
|
Investeringsselskabet Luxor A/S
CO:LUXOR-B
|
$9.78 Million |
|
Selangor Dredging Bhd
KLSE:2224
|
$9.77 Million |
|
Taiwan Enterprise(Cayman)Co
TW:5906
|
$9.77 Million |
|
ABERA BIOSCIENCE AB
F:8WK
|
$9.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RE Royalties Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,334,722 to 5,199,560, a change of -10,135,162 (-66.1%).
- Net loss of 9,272,512 reduced equity.
- Dividend payments of 1,730,480 reduced retained earnings.
- New share issuances of 6,280,738 increased equity.
- Other factors decreased equity by 5,412,908.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.27 Million | -178.33% |
| Dividends Paid | $1.73 Million | -33.28% |
| Share Issuances | $6.28 Million | +120.79% |
| Other Changes | $-5.41 Million | -104.1% |
| Total Change | $- | -66.09% |
Book Value vs Market Value Analysis
This analysis compares RE Royalties Ltd'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: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.87x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.07 | $0.33 | x |
| 2017-12-31 | $0.15 | $0.33 | x |
| 2018-12-31 | $0.59 | $0.33 | x |
| 2019-12-31 | $0.55 | $0.33 | x |
| 2020-12-31 | $0.51 | $0.33 | x |
| 2021-12-31 | $0.43 | $0.33 | x |
| 2022-12-31 | $0.46 | $0.33 | x |
| 2023-12-31 | $0.35 | $0.33 | x |
| 2024-12-31 | $0.12 | $0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RE Royalties Ltd 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): -178.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -107.98%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 10.35x
- Recent ROE (-178.33%) is below the historical average (-76.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -434.68% | -843.33% | 0.49x | 1.05x | $-400.78K |
| 2017 | -21.78% | -7.28% | 2.93x | 1.02x | $-63.26K |
| 2018 | -16.93% | -313.84% | 0.05x | 1.05x | $-5.09 Million |
| 2019 | -2.34% | -29.86% | 0.08x | 1.03x | $-2.17 Million |
| 2020 | -2.63% | -18.84% | 0.09x | 1.62x | $-2.15 Million |
| 2021 | -14.79% | -110.65% | 0.05x | 2.44x | $-3.57 Million |
| 2022 | -2.19% | -10.24% | 0.10x | 2.15x | $-2.41 Million |
| 2023 | -11.81% | -18.47% | 0.18x | 3.52x | $-3.34 Million |
| 2024 | -178.33% | -107.98% | 0.16x | 10.35x | $-9.79 Million |
Industry Comparison
This section compares RE Royalties Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RE Royalties Ltd (RROYF) | $3.54 Million | -434.68% | 13.00x | $9.78 Million |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |