Rambler Metals and Mining PLC
Rambler Metals and Mining PLC engages in the exploration, development, and mining of copper and gold deposits in Canada. It also explores for silver and cobalt properties. The company's principal project is the 100% owned Ming copper-gold mine located in the Baie Verte Peninsula of Newfoundland and Labrador, Canada. It also owns interest in the Little Deer and Whales Back copper mines located in … Read more
Rambler Metals and Mining PLC (RBMTF) - Net Assets
Latest net assets as of June 2022: $74.19 Million USD
Based on the latest financial reports, Rambler Metals and Mining PLC (RBMTF) has net assets worth $74.19 Million USD as of June 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($127.31 Million) and total liabilities ($53.12 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 | $74.19 Million |
| % of Total Assets | 58.27% |
| Annual Growth Rate | 11.14% |
| 5-Year Change | 18.74% |
| 10-Year Change | 1.47% |
| Growth Volatility | 27.1 |
Rambler Metals and Mining PLC - Net Assets Trend (2005–2021)
This chart illustrates how Rambler Metals and Mining PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rambler Metals and Mining PLC (2005–2021)
The table below shows the annual net assets of Rambler Metals and Mining PLC from 2005 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $76.50 Million | +13.65% |
| 2020-12-31 | $67.32 Million | +37.67% |
| 2019-12-31 | $48.90 Million | +3.56% |
| 2018-12-31 | $47.22 Million | -26.72% |
| 2017-12-31 | $64.43 Million | +4.45% |
| 2016-12-31 | $61.69 Million | 0.00% |
| 2016-07-31 | $61.69 Million | +3.93% |
| 2015-12-31 | $59.35 Million | -25.92% |
| 2014-12-31 | $80.12 Million | +6.26% |
| 2013-12-31 | $75.40 Million | +12.07% |
| 2012-12-31 | $67.28 Million | +3.56% |
| 2011-12-31 | $64.97 Million | +42.65% |
| 2010-12-31 | $45.54 Million | +34.67% |
| 2009-12-31 | $33.82 Million | -8.96% |
| 2008-12-31 | $37.15 Million | +38.07% |
| 2007-12-31 | $26.90 Million | +88.11% |
| 2006-12-31 | $14.30 Million | +1.33% |
| 2005-12-31 | $14.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rambler Metals and Mining PLC'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 28141.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.96 Million | 2.56% |
| Other Comprehensive Income | $-11.73 Million | -15.33% |
| Other Components | $156.59 Million | 204.68% |
| Total Equity | $76.50 Million | 100.00% |
Rambler Metals and Mining PLC Competitors by Market Cap
The table below lists competitors of Rambler Metals and Mining PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baru Gold Corp
OTCQB:BARUF
|
$7.76 Million |
|
MCKESSON - Dusseldorf Stock Exchang
DU:MCK
|
$7.76 Million |
|
Hyterra Ltd
AU:HYT
|
$7.76 Million |
|
The Union Mosaic Industry Public Company Limited
BK:UMI
|
$7.76 Million |
|
TAS Offshore Bhd
KLSE:5149
|
$7.76 Million |
|
Mytrex Health Technologies, Inc.
TWO:4431
|
$7.76 Million |
|
EITA Resources Bhd
KLSE:5208
|
$7.75 Million |
|
Thai Parcels Public Company Limited
BK:TPL
|
$7.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rambler Metals and Mining PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 67,316,000 to 76,505,000, a change of 9,189,000 (13.7%).
- Net loss of 13,998,000 reduced equity.
- New share issuances of 20,307,000 increased equity.
- Other comprehensive income decreased equity by 1,508,014.
- Other factors increased equity by 4,388,014.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.00 Million | -18.3% |
| Share Issuances | $20.31 Million | +26.54% |
| Other Comprehensive Income | $-1.51 Million | -1.97% |
| Other Changes | $4.39 Million | +5.74% |
| Total Change | $- | 13.65% |
Book Value vs Market Value Analysis
This analysis compares Rambler Metals and Mining PLC'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: 0.10x
- 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 decreased from 0.69x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.10 | $0.07 | x |
| 2006-12-31 | $34.38 | $0.07 | x |
| 2007-12-31 | $61.73 | $0.07 | x |
| 2008-12-31 | $69.38 | $0.07 | x |
| 2009-12-31 | $54.79 | $0.07 | x |
| 2010-12-31 | $52.43 | $0.07 | x |
| 2011-12-31 | $61.12 | $0.07 | x |
| 2012-12-31 | $50.39 | $0.07 | x |
| 2013-12-31 | $50.84 | $0.07 | x |
| 2014-12-31 | $53.02 | $0.07 | x |
| 2015-12-31 | $39.38 | $0.07 | x |
| 2016-12-31 | $31.05 | $0.07 | x |
| 2017-12-31 | $11.96 | $0.07 | x |
| 2018-12-31 | $7.48 | $0.07 | x |
| 2019-12-31 | $4.12 | $0.07 | x |
| 2020-12-31 | $0.62 | $0.07 | x |
| 2021-12-31 | $0.67 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rambler Metals and Mining PLC 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): -18.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.68%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.62x
- Recent ROE (-18.30%) is below the historical average (-8.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -0.40% | 0.00% | 0.00x | 1.04x | $-1.47 Million |
| 2006 | -1.45% | 0.00% | 0.00x | 1.11x | $-1.64 Million |
| 2007 | -5.06% | 0.00% | 0.00x | 1.12x | $-4.05 Million |
| 2008 | -3.92% | 0.00% | 0.00x | 1.07x | $-5.17 Million |
| 2009 | -5.31% | 0.00% | 0.00x | 1.04x | $-5.18 Million |
| 2010 | -5.18% | 0.00% | 0.00x | 1.16x | $-6.91 Million |
| 2011 | -0.09% | -1.50% | 0.04x | 1.56x | $-6.55 Million |
| 2012 | -5.00% | -276.21% | 0.01x | 1.64x | $-10.09 Million |
| 2013 | 11.65% | 26.11% | 0.30x | 1.50x | $1.25 Million |
| 2014 | 10.31% | 14.51% | 0.52x | 1.37x | $251.35K |
| 2015 | -13.15% | -24.83% | 0.37x | 1.43x | $-13.74 Million |
| 2016 | -20.76% | -42.16% | 0.35x | 1.41x | $-18.97 Million |
| 2016 | -20.76% | -42.16% | 0.35x | 1.41x | $-18.97 Million |
| 2017 | -6.44% | -14.64% | 0.29x | 1.51x | $-10.59 Million |
| 2018 | -42.46% | -67.45% | 0.36x | 1.74x | $-24.77 Million |
| 2019 | -24.88% | -32.78% | 0.43x | 1.78x | $-17.06 Million |
| 2020 | -2.62% | -7.24% | 0.23x | 1.55x | $-8.49 Million |
| 2021 | -18.30% | -49.68% | 0.23x | 1.62x | $-21.65 Million |
Industry Comparison
This section compares Rambler Metals and Mining PLC's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rambler Metals and Mining PLC (RBMTF) | $74.19 Million | -0.40% | 0.72x | $7.76 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |