Royal Road Minerals Limited
Royal Road Minerals Limited engages in the exploration and development of mineral properties in the Kingdom of Saudi Arabia, Morocco, Colombia, and Nicaragua. It primarily explores for gold and copper deposits. The company holds interests in the Piedra Iman property located in Chinandega district of Nicaragua. It also holds 100% interests in the Santo Domingo porphyry project situated in San Juan… Read more
Royal Road Minerals Limited (RRDMF) - Net Assets
Latest net assets as of December 2024: $9.51 Million USD
Based on the latest financial reports, Royal Road Minerals Limited (RRDMF) has net assets worth $9.51 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.83 Million) and total liabilities ($314.79K). 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 | $9.51 Million |
| % of Total Assets | 96.8% |
| Annual Growth Rate | 14.84% |
| 5-Year Change | -52.16% |
| 10-Year Change | 896.76% |
| Growth Volatility | 190.68 |
Royal Road Minerals Limited - Net Assets Trend (2013–2024)
This chart illustrates how Royal Road Minerals 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 Royal Road Minerals Limited (2013–2024)
The table below shows the annual net assets of Royal Road Minerals Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.51 Million | -31.61% |
| 2023-12-31 | $13.91 Million | -48.66% |
| 2022-12-31 | $27.09 Million | -30.03% |
| 2021-12-31 | $38.72 Million | +94.71% |
| 2020-12-31 | $19.88 Million | +52.03% |
| 2019-12-31 | $13.08 Million | +84.73% |
| 2018-12-31 | $7.08 Million | +36.94% |
| 2017-12-31 | $5.17 Million | +647.90% |
| 2016-12-31 | $691.26K | -27.56% |
| 2015-12-31 | $954.23K | -69.26% |
| 2014-12-31 | $3.10 Million | +49.53% |
| 2013-12-31 | $2.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Royal Road Minerals 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 3449981100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $42.48 Million | 446.63% |
| Other Comprehensive Income | $2.73 Million | 28.68% |
| Other Components | $3.05 Million | 32.10% |
| Total Equity | $9.51 Million | 100.00% |
Royal Road Minerals Limited Competitors by Market Cap
The table below lists competitors of Royal Road Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Success Prime Corp
TW:2496
|
$21.08 Million |
|
Tridomain Performance Materials PT
JK:TDPM
|
$21.09 Million |
|
Abico FS Co Ltd
TWO:8071
|
$21.09 Million |
|
Beta Drugs Ltd.
NSE:BETA
|
$21.10 Million |
|
Three A Resources Bhd
KLSE:0012
|
$21.07 Million |
|
Dynamic Precision Industry
TWO:8928
|
$21.06 Million |
|
TOUAX
PA:ALTOU
|
$21.06 Million |
|
Passage Bio Inc
NASDAQ:PASG
|
$21.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Royal Road Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,907,551 to 9,511,368, a change of -4,396,183 (-31.6%).
- Net loss of 4,626,266 reduced equity.
- Other comprehensive income increased equity by 38,575.
- Other factors increased equity by 191,508.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.63 Million | -48.64% |
| Other Comprehensive Income | $38.58K | +0.41% |
| Other Changes | $191.51K | +2.01% |
| Total Change | $- | -31.61% |
Book Value vs Market Value Analysis
This analysis compares Royal Road Minerals 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: 2.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.69x to 2.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.06 | $0.10 | x |
| 2014-12-31 | $0.09 | $0.10 | x |
| 2015-12-31 | $0.03 | $0.10 | x |
| 2016-12-31 | $0.01 | $0.10 | x |
| 2017-12-31 | $0.04 | $0.10 | x |
| 2018-12-31 | $0.04 | $0.10 | x |
| 2019-12-31 | $0.07 | $0.10 | x |
| 2020-12-31 | $0.08 | $0.10 | x |
| 2021-12-31 | $0.15 | $0.10 | x |
| 2022-12-31 | $0.10 | $0.10 | x |
| 2023-12-31 | $0.05 | $0.10 | x |
| 2024-12-31 | $0.04 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Royal Road Minerals 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): -48.64%
- 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: 1.03x
- Recent ROE (-48.64%) is above the historical average (-71.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -13.94% | -5129.99% | 0.00x | 1.04x | $-497.00K |
| 2014 | -58.77% | -1572856.03% | 0.00x | 1.52x | $-2.13 Million |
| 2015 | -225.48% | 0.00% | 0.00x | 1.17x | $-2.25 Million |
| 2016 | -230.64% | 0.00% | 0.00x | 1.25x | $-1.79 Million |
| 2017 | -43.14% | 0.00% | 0.00x | 1.02x | $-2.81 Million |
| 2018 | -56.03% | 0.00% | 0.00x | 1.02x | $-4.72 Million |
| 2019 | -36.80% | 0.00% | 0.00x | 1.01x | $-6.12 Million |
| 2020 | -30.11% | 0.00% | 0.00x | 1.01x | $-7.98 Million |
| 2021 | 40.83% | 0.00% | 0.00x | 1.02x | $11.94 Million |
| 2022 | -45.52% | 0.00% | 0.00x | 1.04x | $-15.04 Million |
| 2023 | -111.20% | 0.00% | 0.00x | 1.03x | $-16.86 Million |
| 2024 | -48.64% | 0.00% | 0.00x | 1.03x | $-5.58 Million |
Industry Comparison
This section compares Royal Road Minerals Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Royal Road Minerals Limited (RRDMF) | $9.51 Million | -13.94% | 0.03x | $21.07 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |