Rusoro Mining Ltd (RML) - Net Assets
Based on the latest financial reports, Rusoro Mining Ltd (RML) has net assets worth CA$-411.69 Million CAD (≈ $-297.81 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$605.00K ≈ $437.65K USD) and total liabilities (CA$412.30 Million ≈ $298.25 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Rusoro Mining Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-411.69 Million |
| % of Total Assets | -68047.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 725.05 |
Rusoro Mining Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Rusoro Mining Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Rusoro Mining Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Rusoro Mining Ltd (2001–2025)
The table below shows the annual net assets of Rusoro Mining Ltd from 2001 to 2025. For live valuation and market cap data, see RML market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$-411.69 Million ≈ $-297.81 Million |
-141.76% |
| 2024-12-31 | CA$-170.29 Million ≈ $-123.19 Million |
-17.60% |
| 2023-12-31 | CA$-144.80 Million ≈ $-104.75 Million |
+14.39% |
| 2022-12-31 | CA$-169.15 Million ≈ $-122.36 Million |
-11.53% |
| 2021-12-31 | CA$-151.67 Million ≈ $-109.71 Million |
-10.32% |
| 2020-12-31 | CA$-137.48 Million ≈ $-99.45 Million |
-15.92% |
| 2019-12-31 | CA$-118.60 Million ≈ $-85.79 Million |
-14.03% |
| 2018-12-31 | CA$-104.01 Million ≈ $-75.24 Million |
-11.64% |
| 2017-12-31 | CA$-93.16 Million ≈ $-67.39 Million |
-10.42% |
| 2016-12-31 | CA$-84.37 Million ≈ $-61.03 Million |
-9.98% |
| 2015-12-31 | CA$-76.71 Million ≈ $-55.49 Million |
+49.01% |
| 2014-12-31 | CA$-150.43 Million ≈ $-108.82 Million |
-10.21% |
| 2013-12-31 | CA$-136.49 Million ≈ $-98.74 Million |
+16.02% |
| 2012-12-31 | CA$-162.53 Million ≈ $-117.57 Million |
-36.41% |
| 2011-12-31 | CA$-119.14 Million ≈ $-86.18 Million |
-120.12% |
| 2010-12-31 | CA$592.03 Million ≈ $428.26 Million |
-12.28% |
| 2009-12-31 | CA$674.91 Million ≈ $488.22 Million |
+3.50% |
| 2008-12-31 | CA$652.11 Million ≈ $471.72 Million |
-7.24% |
| 2007-12-31 | CA$703.04 Million ≈ $508.57 Million |
+1971.58% |
| 2006-12-31 | CA$33.94 Million ≈ $24.55 Million |
+7775.44% |
| 2005-12-31 | CA$-442.16K ≈ $-319.85K |
-5.33% |
| 2004-12-31 | CA$-419.78K ≈ $-303.66K |
-36.85% |
| 2003-12-31 | CA$-306.74K ≈ $-221.89K |
-287.84% |
| 2002-12-31 | CA$163.30K ≈ $118.13K |
-73.97% |
| 2001-12-31 | CA$627.25K ≈ $453.74K |
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Equity Component Analysis
This analysis shows how different components contribute to Rusoro Mining 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 123213154700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$839.45 Million | % |
| Total Equity | CA$-393.03 Million | 100.00% |
Rusoro Mining Ltd Competitors by Market Cap
The table below lists competitors of Rusoro Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quess Corp Limited
NSE:QUESS
|
$476.33 Million |
|
John Mattson Fastighetsforetagen AB
ST:JOMA
|
$476.35 Million |
|
Nexxen International Ltd
NASDAQ:NEXN
|
$476.41 Million |
|
Advantage Solutions Inc
NASDAQ:ADV
|
$476.50 Million |
|
Sinyi Realty Inc
TW:9940
|
$475.90 Million |
|
China Haisum Engineering Co Ltd
SHE:002116
|
$475.76 Million |
|
Waterdrop Inc ADR
NYSE:WDH
|
$475.69 Million |
|
DIAMOND BIOFUND INC
TW:6901
|
$475.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rusoro Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -151,630,000 to -393,029,000, a change of -241,399,000.
- Net loss of 261,942,000 reduced equity.
- Other factors increased equity by 20,543,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-261.94 Million | -66.65% |
| Other Changes | CA$20.54 Million | +5.23% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Rusoro Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$2.01 | CA$1.05 | x |
| 2002-12-31 | CA$0.24 | CA$1.05 | x |
| 2003-12-31 | CA$-0.03 | CA$1.05 | x |
| 2004-12-31 | CA$-0.30 | CA$1.05 | x |
| 2005-12-31 | CA$-0.26 | CA$1.05 | x |
| 2006-12-31 | CA$1.73 | CA$1.05 | x |
| 2007-12-31 | CA$4.36 | CA$1.05 | x |
| 2008-12-31 | CA$1.68 | CA$1.05 | x |
| 2009-12-31 | CA$1.35 | CA$1.05 | x |
| 2010-12-31 | CA$1.11 | CA$1.05 | x |
| 2011-12-31 | CA$-0.19 | CA$1.05 | x |
| 2012-12-31 | CA$-0.27 | CA$1.05 | x |
| 2013-12-31 | CA$-0.22 | CA$1.05 | x |
| 2014-12-31 | CA$-0.25 | CA$1.05 | x |
| 2015-12-31 | CA$-0.11 | CA$1.05 | x |
| 2016-12-31 | CA$-0.12 | CA$1.05 | x |
| 2017-12-31 | CA$-0.13 | CA$1.05 | x |
| 2018-12-31 | CA$-0.15 | CA$1.05 | x |
| 2019-12-31 | CA$-0.18 | CA$1.05 | x |
| 2020-12-31 | CA$-0.22 | CA$1.05 | x |
| 2021-12-31 | CA$-0.24 | CA$1.05 | x |
| 2022-12-31 | CA$-0.27 | CA$1.05 | x |
| 2023-12-31 | CA$-0.22 | CA$1.05 | x |
| 2024-12-31 | CA$-0.25 | CA$1.05 | x |
| 2025-12-31 | CA$-0.63 | CA$1.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rusoro Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-21.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -51.32% | 0.00% | 0.00x | 1.04x | CA$-384.62K |
| 2002 | -343.51% | -6614.21% | 0.04x | 1.34x | CA$-577.28K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-820.35K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-80.83K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-83.52K |
| 2006 | -98.83% | 0.00% | 0.00x | 1.28x | CA$-35.13 Million |
| 2007 | -4.59% | -922.68% | 0.00x | 1.43x | CA$-102.55 Million |
| 2008 | -11.08% | -102.79% | 0.07x | 1.60x | CA$-137.46 Million |
| 2009 | -2.41% | -22.50% | 0.07x | 1.53x | CA$-83.75 Million |
| 2010 | -15.01% | -61.65% | 0.14x | 1.76x | CA$-147.57 Million |
| 2011 | 0.00% | -706.02% | 3.98x | 0.00x | CA$-747.91 Million |
| 2012 | 0.00% | -887.64% | 2.98x | 0.00x | CA$-29.56 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$36.32 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-862.70K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$79.42 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.63 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.48 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.17 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-17.03 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-19.39 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-15.76 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-6.43 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-12.98 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-20.11 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-222.64 Million |
Industry Comparison
This section compares Rusoro Mining Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,353,474,797
- Average return on equity (ROE) among peers: -22.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rusoro Mining Ltd (RML) | CA$-411.69 Million | -51.32% | N/A | $476.05 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $2.59 Billion |
| Abcourt Mines Inc. (ABI) | $542.08K | -7.78% | 0.16x | $60.24 Million |
| Barrick Gold Corp (ABX) | $12.86 Billion | -22.60% | 1.63x | $59.47 Billion |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $127.56 Million |
| Agnico Eagle Mines Limited (AEM) | $127.14 Million | 11.88% | 1.22x | $69.33 Billion |
| Alamos Gold Inc (AGI) | $74.89 Million | -5.04% | 0.01x | $12.03 Billion |
| AIS Resources Ltd (AIS) | $4.96 Million | -17.19% | 0.24x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.96 Million |
| Altamira Gold Corp (ALTA) | $18.80 Million | -9.47% | 0.04x | $33.26 Million |
| Almaden Minerals Ltd (AMM) | $27.26 Million | -3.85% | 0.03x | $24.82 Million |
About Rusoro Mining Ltd
Rusoro Mining Ltd. engages in the acquisition, exploration, development, and operation of gold mining and mineral properties in Venezuela. It primarily holds 95% interests in the Choco 10 mine; and 50% interest in the Isidora mine. The company was formerly known as Newton Ventures Inc. and changed its name to Rusoro Mining Ltd. in November 2006. Rusoro Mining Ltd. is headquartered in Vancouver, C… Read more