Rumble Resources Limited
Rumble Resources Limited engages in the acquisition, exploration, and evaluation of base and precious metal projects in Australia. It explores for zinc, lead, copper, silver, tungsten, and gold deposits. The company's flagship project is the Earaheedy project located in Western Australia. Rumble Resources Limited was incorporated in 2011 and is based in West Perth, Australia.
Rumble Resources Limited (RTRFF) - Net Assets
Latest net assets as of December 2024: $61.80 Million USD
Based on the latest financial reports, Rumble Resources Limited (RTRFF) has net assets worth $61.80 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 ($63.55 Million) and total liabilities ($1.75 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 | $61.80 Million |
| % of Total Assets | 97.25% |
| Annual Growth Rate | 25.33% |
| 5-Year Change | 296.49% |
| 10-Year Change | 941998.48% |
| Growth Volatility | 64900.91 |
Rumble Resources Limited - Net Assets Trend (2011–2024)
This chart illustrates how Rumble 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 Rumble Resources Limited (2011–2024)
The table below shows the annual net assets of Rumble Resources Limited from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $57.39 Million | +13.03% |
| 2023-06-30 | $50.77 Million | -6.85% |
| 2022-06-30 | $54.51 Million | -1.69% |
| 2021-06-30 | $55.45 Million | +283.07% |
| 2020-06-30 | $14.47 Million | +243578.78% |
| 2019-06-30 | $5.94K | -4.79% |
| 2018-06-30 | $6.24K | +41.28% |
| 2017-06-30 | $4.42K | -15.09% |
| 2016-06-30 | $5.20K | -14.62% |
| 2015-06-30 | $6.09K | +21.11% |
| 2014-06-30 | $5.03K | -99.87% |
| 2013-06-30 | $3.98 Million | +19.58% |
| 2012-06-30 | $3.33 Million | +9.22% |
| 2011-06-30 | $3.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rumble 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 2695088900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $83.14 Million | 144.88% |
| Other Comprehensive Income | $1.32 Million | 2.30% |
| Total Equity | $57.39 Million | 100.00% |
Rumble Resources Limited Competitors by Market Cap
The table below lists competitors of Rumble Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NORWEGIAN BLOCK EXC.NK08
F:9Q3
|
$2.93 Million |
|
Polar Power Inc
NASDAQ:POLA
|
$2.93 Million |
|
BeijingWest Industries International Limited
PINK:NFGRF
|
$2.93 Million |
|
Qualitech Public Company Limited
BK:QLT
|
$2.93 Million |
|
RichTech Digital Berhad
KLSE:0342
|
$2.93 Million |
|
ONAR Holding Corporation
OTCQB:ONAR
|
$2.92 Million |
|
Hisar Metal Industries Limited
NSE:HISARMETAL
|
$2.92 Million |
|
AUPLATA MIN. GRP EO-0005
F:A7PA
|
$2.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rumble Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 50,773,441 to 57,387,929, a change of 6,614,488 (13.0%).
- Net loss of 3,750,624 reduced equity.
- Share repurchases of 787,410 reduced equity.
- New share issuances of 10,761,542 increased equity.
- Other comprehensive income increased equity by 140,981.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.75 Million | -6.54% |
| Share Repurchases | $787.41K | -1.37% |
| Share Issuances | $10.76 Million | +18.75% |
| Other Comprehensive Income | $140.98K | +0.25% |
| Other Changes | $250.00K | +0.44% |
| Total Change | $- | 13.03% |
Book Value vs Market Value Analysis
This analysis compares Rumble 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: 0.04x
- 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 |
|---|---|---|---|
| 2011-06-30 | $0.17 | $0.00 | x |
| 2012-06-30 | $0.11 | $0.00 | x |
| 2013-06-30 | $0.10 | $0.00 | x |
| 2014-06-30 | $0.00 | $0.00 | x |
| 2015-06-30 | $0.00 | $0.00 | x |
| 2016-06-30 | $0.00 | $0.00 | x |
| 2017-06-30 | $0.00 | $0.00 | x |
| 2018-06-30 | $0.00 | $0.00 | x |
| 2019-06-30 | $0.00 | $0.00 | x |
| 2020-06-30 | $0.03 | $0.00 | x |
| 2021-06-30 | $0.10 | $0.00 | x |
| 2022-06-30 | $0.09 | $0.00 | x |
| 2023-06-30 | $0.08 | $0.00 | x |
| 2024-06-30 | $0.08 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rumble 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): -6.54%
- 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: 1.04x
- Recent ROE (-6.54%) is above the historical average (-16873.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -4.10% | 0.00% | 0.00x | 1.06x | $-429.82K |
| 2012 | -24.60% | -118358.53% | 0.00x | 1.14x | $-1.15 Million |
| 2013 | -55.46% | -79545.30% | 0.00x | 1.10x | $-2.61 Million |
| 2014 | -38037.79% | -428.71% | 82.78x | 1.07x | $-1.91 Million |
| 2015 | -32095.56% | -639.95% | 41.75x | 1.20x | $-1.96 Million |
| 2016 | -44577.47% | -742.81% | 57.83x | 1.04x | $-2.32 Million |
| 2017 | -17774.59% | -447.53% | 30.63x | 1.30x | $-785.34K |
| 2018 | -70207.36% | -1658.00% | 39.73x | 1.07x | $-4.38 Million |
| 2019 | -33427.65% | 0.00% | 0.00x | 1.14x | $-1.99 Million |
| 2020 | -6.68% | 0.00% | 0.00x | 1.06x | $-2.41 Million |
| 2021 | -1.33% | 0.00% | 0.00x | 1.03x | $-6.28 Million |
| 2022 | -5.50% | 0.00% | 0.00x | 1.07x | $-8.45 Million |
| 2023 | -9.87% | 0.00% | 0.00x | 1.07x | $-10.09 Million |
| 2024 | -6.54% | 0.00% | 0.00x | 1.04x | $-9.49 Million |
Industry Comparison
This section compares Rumble Resources Limited'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 |
|---|---|---|---|---|
| Rumble Resources Limited (RTRFF) | $61.80 Million | -4.10% | 0.03x | $2.93 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 |