Rockhaven Resources Ltd (RK) - Net Assets
Based on the latest financial reports, Rockhaven Resources Ltd (RK) has net assets worth CA$45.96 Million CAD (≈ $33.25 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 (CA$49.56 Million ≈ $35.85 Million USD) and total liabilities (CA$3.60 Million ≈ $2.61 Million USD). 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. Check RK goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$45.96 Million |
| % of Total Assets | 92.73% |
| Annual Growth Rate | 34.63% |
| 5-Year Change | 15.3% |
| 10-Year Change | 79.56% |
| Growth Volatility | 567.86 |
Rockhaven Resources Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Rockhaven Resources Ltd's net assets have evolved over time, based on quarterly financial data. See Rockhaven Resources Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rockhaven Resources Ltd (2007–2024)
The table below shows the annual net assets of Rockhaven Resources Ltd from 2007 to 2024. For live valuation and market cap data, see market value of Rockhaven Resources Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$46.09 Million ≈ $33.34 Million |
+1.70% |
| 2023-12-31 | CA$45.31 Million ≈ $32.78 Million |
-0.51% |
| 2022-12-31 | CA$45.55 Million ≈ $32.95 Million |
+10.14% |
| 2021-12-31 | CA$41.35 Million ≈ $29.91 Million |
+3.46% |
| 2020-12-31 | CA$39.97 Million ≈ $28.91 Million |
+9.97% |
| 2019-12-31 | CA$36.35 Million ≈ $26.29 Million |
+10.05% |
| 2018-12-31 | CA$33.03 Million ≈ $23.89 Million |
+0.79% |
| 2017-12-31 | CA$32.77 Million ≈ $23.71 Million |
+19.98% |
| 2016-12-31 | CA$27.31 Million ≈ $19.76 Million |
+6.42% |
| 2015-12-31 | CA$25.67 Million ≈ $18.57 Million |
-0.28% |
| 2015-10-31 | CA$25.74 Million ≈ $18.62 Million |
+20.02% |
| 2014-12-31 | CA$21.44 Million ≈ $15.51 Million |
+21.45% |
| 2013-12-31 | CA$17.66 Million ≈ $12.77 Million |
-9.40% |
| 2012-12-31 | CA$19.49 Million ≈ $14.10 Million |
+13.34% |
| 2011-12-31 | CA$17.19 Million ≈ $12.44 Million |
+186.34% |
| 2010-12-31 | CA$6.01 Million ≈ $4.34 Million |
+47.69% |
| 2009-12-31 | CA$4.07 Million ≈ $2.94 Million |
-46.52% |
| 2008-12-31 | CA$7.60 Million ≈ $5.50 Million |
+2488.72% |
| 2007-12-31 | CA$293.68K ≈ $212.44K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Rockhaven Resources 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 1321282000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$59.51 Million | 129.14% |
| Total Equity | CA$46.09 Million | 100.00% |
Rockhaven Resources Ltd Competitors by Market Cap
The table below lists competitors of Rockhaven Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICAPE HOLDING EO -40
F:Z8J
|
$50.84 Million |
|
Prestige Wealth Inc.
NASDAQ:AURE
|
$50.85 Million |
|
Hyundai HT CoLtd
KQ:039010
|
$50.86 Million |
|
TransAct Technologies Incorporated
NASDAQ:TACT
|
$50.87 Million |
|
JUNGDAWN Co. Ltd
KQ:208140
|
$50.83 Million |
|
Libental
TA:LBTL
|
$50.82 Million |
|
Southport Acquisition Corp
NYSE:PORT
|
$50.81 Million |
|
Broadwind Energy Inc
NASDAQ:BWEN
|
$50.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rockhaven Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,314,423 to 46,085,067, a change of 770,644 (1.7%).
- Net loss of 217,531 reduced equity.
- New share issuances of 531,000 increased equity.
- Other comprehensive income decreased equity by 966,735.
- Other factors increased equity by 1,423,910.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-217.53K | -0.47% |
| Share Issuances | CA$531.00K | +1.15% |
| Other Comprehensive Income | CA$-966.74K | -2.1% |
| Other Changes | CA$1.42 Million | +3.09% |
| Total Change | CA$- | 1.70% |
Book Value vs Market Value Analysis
This analysis compares Rockhaven Resources 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: 1.52x
- 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 2.12x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$0.11 | CA$0.24 | x |
| 2008-12-31 | CA$0.45 | CA$0.24 | x |
| 2009-12-31 | CA$0.19 | CA$0.24 | x |
| 2010-12-31 | CA$0.22 | CA$0.24 | x |
| 2011-12-31 | CA$0.42 | CA$0.24 | x |
| 2012-12-31 | CA$0.40 | CA$0.24 | x |
| 2013-12-31 | CA$0.30 | CA$0.24 | x |
| 2014-12-31 | CA$0.30 | CA$0.24 | x |
| 2015-12-31 | CA$0.24 | CA$0.24 | x |
| 2016-12-31 | CA$0.24 | CA$0.24 | x |
| 2017-12-31 | CA$0.23 | CA$0.24 | x |
| 2018-12-31 | CA$0.21 | CA$0.24 | x |
| 2019-12-31 | CA$0.22 | CA$0.24 | x |
| 2020-12-31 | CA$0.20 | CA$0.24 | x |
| 2021-12-31 | CA$0.20 | CA$0.24 | x |
| 2022-12-31 | CA$0.18 | CA$0.24 | x |
| 2023-12-31 | CA$0.16 | CA$0.24 | x |
| 2024-12-31 | CA$0.16 | CA$0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rockhaven Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-0.47%) is above the historical average (-10.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -25.49% | 0.00% | 0.00x | 1.07x | CA$-104.23K |
| 2008 | -9.70% | 0.00% | 0.00x | 1.10x | CA$-1.50 Million |
| 2009 | -90.34% | 0.00% | 0.00x | 1.02x | CA$-4.08 Million |
| 2010 | -7.94% | 0.00% | 0.00x | 1.02x | CA$-1.08 Million |
| 2011 | -5.66% | 0.00% | 0.00x | 1.03x | CA$-2.69 Million |
| 2012 | -18.90% | 0.00% | 0.00x | 1.10x | CA$-5.63 Million |
| 2013 | -14.15% | 0.00% | 0.00x | 1.04x | CA$-4.26 Million |
| 2014 | -1.18% | 0.00% | 0.00x | 1.07x | CA$-2.40 Million |
| 2015 | -2.40% | 0.00% | 0.00x | 1.05x | CA$-3.19 Million |
| 2015 | -0.74% | 0.00% | 0.00x | 1.06x | CA$-2.76 Million |
| 2016 | -3.48% | 0.00% | 0.00x | 1.13x | CA$-3.68 Million |
| 2017 | -2.54% | 0.00% | 0.00x | 1.06x | CA$-4.11 Million |
| 2018 | -1.02% | 0.00% | 0.00x | 1.05x | CA$-3.64 Million |
| 2019 | -0.65% | 0.00% | 0.00x | 1.07x | CA$-3.87 Million |
| 2020 | -1.66% | 0.00% | 0.00x | 1.10x | CA$-4.66 Million |
| 2021 | -1.04% | 0.00% | 0.00x | 1.09x | CA$-4.57 Million |
| 2022 | -1.60% | 0.00% | 0.00x | 1.09x | CA$-5.28 Million |
| 2023 | -1.00% | 0.00% | 0.00x | 1.08x | CA$-4.99 Million |
| 2024 | -0.47% | 0.00% | 0.00x | 1.08x | CA$-4.83 Million |
Industry Comparison
This section compares Rockhaven Resources Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $8,968,473
- Average return on equity (ROE) among peers: -5058.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rockhaven Resources Ltd (RK) | CA$45.96 Million | -25.49% | 0.08x | $50.83 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.85 Billion |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -152.13% | 0.40x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $14.37 Million | -188.43% | 4.16x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $37.20 Million |
| American Creek Resources Ltd (AMK) | $12.62 Million | 7.02% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Rockhaven Resources Ltd
Rockhaven Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company primarily explores for gold, silver, lead, and zinc deposits. It holds a 100% interest in the Klaza project covering 25,000 hectares located in the Whitehorse mining district, Yukon Territory. The company is headquartered in Vancouver, Canada.