Rex Minerals Limited
Rex Minerals Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for copper, gold, and iron oxide deposits. Its flagship project is the 100% owned Hillside project located in Yorke Peninsula, South Australia. Rex Minerals Limited was incorporated in 2007 and is based in Pine Point, Australia. As of October 30, 2024, Rex Minerals… Read more
Rex Minerals Limited (RXRLF) - Net Assets
Latest net assets as of June 2024: $55.27 Million USD
Based on the latest financial reports, Rex Minerals Limited (RXRLF) has net assets worth $55.27 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 ($57.92 Million) and total liabilities ($2.65 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 | $55.27 Million |
| % of Total Assets | 95.43% |
| Annual Growth Rate | 15.17% |
| 5-Year Change | 186.63% |
| 10-Year Change | N/A |
| Growth Volatility | 51.06 |
Rex Minerals Limited - Net Assets Trend (2018–2024)
This chart illustrates how Rex 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 Rex Minerals Limited (2018–2024)
The table below shows the annual net assets of Rex Minerals Limited from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $55.27 Million | +35.02% |
| 2023-06-30 | $40.94 Million | -37.12% |
| 2022-06-30 | $65.11 Million | +115.98% |
| 2021-06-30 | $30.15 Million | +56.33% |
| 2020-06-30 | $19.28 Million | -12.19% |
| 2019-06-30 | $21.96 Million | -7.25% |
| 2018-06-30 | $23.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rex 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 7137200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $293.42 Million | 530.84% |
| Other Comprehensive Income | $2.86 Million | 5.17% |
| Total Equity | $55.27 Million | 100.00% |
Rex Minerals Limited Competitors by Market Cap
The table below lists competitors of Rex Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Barnes & Noble Education Inc
NYSE:BNED
|
$175.91 Million |
|
Fujian Nanwang Environment Protection Scien-Tech Co. Ltd. A
SHE:301355
|
$175.94 Million |
|
Minera Valparaiso S.A.
SN:MINERA
|
$175.94 Million |
|
CIVEO CORP. DL -01
F:44C1
|
$175.95 Million |
|
Jahen Household Products Co. Ltd.
SHE:300955
|
$175.86 Million |
|
Electreon Wireless Ltd
PINK:ELWSF
|
$175.80 Million |
|
Sawit Sumbermas Sarana Tbk
JK:SSMS
|
$175.79 Million |
|
KYOSAN EL. MFG
F:7B4
|
$175.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rex Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,937,000 to 55,274,000, a change of 14,337,000 (35.0%).
- Net loss of 15,493,000 reduced equity.
- Share repurchases of 2,071,000 reduced equity.
- New share issuances of 31,115,000 increased equity.
- Other comprehensive income increased equity by 1,085,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.49 Million | -28.03% |
| Share Repurchases | $2.07 Million | -3.75% |
| Share Issuances | $31.11 Million | +56.29% |
| Other Comprehensive Income | $1.08 Million | +1.96% |
| Other Changes | $-299.00K | -0.54% |
| Total Change | $- | 35.02% |
Book Value vs Market Value Analysis
This analysis compares Rex 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: 3.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.20x to 3.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $0.09 | $0.30 | x |
| 2019-06-30 | $0.08 | $0.30 | x |
| 2020-06-30 | $0.06 | $0.30 | x |
| 2021-06-30 | $0.08 | $0.30 | x |
| 2022-06-30 | $0.12 | $0.30 | x |
| 2023-06-30 | $0.07 | $0.30 | x |
| 2024-06-30 | $0.08 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rex 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): -28.03%
- 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: 1.05x
- Recent ROE (-28.03%) is above the historical average (-29.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -21.78% | 0.00% | 0.00x | 1.05x | $-7.52 Million |
| 2019 | -23.27% | 0.00% | 0.00x | 1.04x | $-7.31 Million |
| 2020 | -26.75% | 0.00% | 0.00x | 1.28x | $-7.09 Million |
| 2021 | -29.12% | 0.00% | 0.00x | 1.04x | $-11.79 Million |
| 2022 | -19.62% | 0.00% | 0.00x | 1.03x | $-19.29 Million |
| 2023 | -60.62% | 0.00% | 0.00x | 1.07x | $-28.91 Million |
| 2024 | -28.03% | 0.00% | 0.00x | 1.05x | $-21.02 Million |
Industry Comparison
This section compares Rex Minerals 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 |
|---|---|---|---|---|
| Rex Minerals Limited (RXRLF) | $55.27 Million | -21.78% | 0.05x | $175.89 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 |