Rusoro Mining Ltd (RML) - Net Assets
Based on the latest financial reports, Rusoro Mining Ltd (RML) has net assets worth CA$-208.44 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.24 Million) and total liabilities (CA$209.68 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-208.44 Million |
| % of Total Assets | -16768.87% |
| 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 (2001–2024)
This chart illustrates how Rusoro Mining Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rusoro Mining Ltd (2001–2024)
The table below shows the annual net assets of Rusoro Mining Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-182.27 Million | -25.88% |
| 2023-12-31 | CA$-144.80 Million | +14.39% |
| 2022-12-31 | CA$-169.15 Million | -11.53% |
| 2021-12-31 | CA$-151.67 Million | -10.32% |
| 2020-12-31 | CA$-137.48 Million | -15.92% |
| 2019-12-31 | CA$-118.60 Million | -14.03% |
| 2018-12-31 | CA$-104.01 Million | -11.64% |
| 2017-12-31 | CA$-93.16 Million | -10.42% |
| 2016-12-31 | CA$-84.37 Million | -9.98% |
| 2015-12-31 | CA$-76.71 Million | +49.01% |
| 2014-12-31 | CA$-150.43 Million | -10.21% |
| 2013-12-31 | CA$-136.49 Million | +16.02% |
| 2012-12-31 | CA$-162.53 Million | -36.41% |
| 2011-12-31 | CA$-119.14 Million | -120.12% |
| 2010-12-31 | CA$592.03 Million | -12.28% |
| 2009-12-31 | CA$674.91 Million | +3.50% |
| 2008-12-31 | CA$652.11 Million | -7.24% |
| 2007-12-31 | CA$703.04 Million | +1971.58% |
| 2006-12-31 | CA$33.94 Million | +7775.44% |
| 2005-12-31 | CA$-442.16K | -5.33% |
| 2004-12-31 | CA$-419.78K | -36.85% |
| 2003-12-31 | CA$-306.74K | -287.84% |
| 2002-12-31 | CA$163.30K | -73.97% |
| 2001-12-31 | CA$627.25K | -- |
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 97457154700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$812.31 Million | % |
| Total Equity | CA$-162.60 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 |
|---|---|
|
Grupa Azoty S.A.
WAR:ATT
|
$485.12 Million |
|
Bloomin Brands Inc
NASDAQ:BLMN
|
$485.45 Million |
|
Shandong Cynda Chemcial Co Ltd
SHG:603086
|
$485.47 Million |
|
Chison Medical Technologies Co Ltd
SHG:688358
|
$485.50 Million |
|
Gansu Dunhuang Seed Co Ltd
SHG:600354
|
$485.03 Million |
|
Armada Hflr Pr
NYSE:AHH
|
$484.93 Million |
|
Anhui Shiny Electronic Technology Company Limited
SHE:300956
|
$484.84 Million |
|
Mha Plc
F:MU2
|
$484.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rusoro Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -125,134,000 to -162,605,000, a change of -37,471,000.
- Net loss of 40,711,000 reduced equity.
- Other factors increased equity by 3,240,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-40.71 Million | -25.04% |
| Other Changes | CA$3.24 Million | +1.99% |
| Total Change | CA$- | % |
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$1.07 | x |
| 2002-12-31 | CA$0.24 | CA$1.07 | x |
| 2003-12-31 | CA$-0.03 | CA$1.07 | x |
| 2004-12-31 | CA$-0.30 | CA$1.07 | x |
| 2005-12-31 | CA$-0.26 | CA$1.07 | x |
| 2006-12-31 | CA$1.73 | CA$1.07 | x |
| 2007-12-31 | CA$4.36 | CA$1.07 | x |
| 2008-12-31 | CA$1.68 | CA$1.07 | x |
| 2009-12-31 | CA$1.35 | CA$1.07 | x |
| 2010-12-31 | CA$1.11 | CA$1.07 | x |
| 2011-12-31 | CA$-0.19 | CA$1.07 | x |
| 2012-12-31 | CA$-0.27 | CA$1.07 | x |
| 2013-12-31 | CA$-0.22 | CA$1.07 | x |
| 2014-12-31 | CA$-0.25 | CA$1.07 | x |
| 2015-12-31 | CA$-0.11 | CA$1.07 | x |
| 2016-12-31 | CA$-0.12 | CA$1.07 | x |
| 2017-12-31 | CA$-0.13 | CA$1.07 | x |
| 2018-12-31 | CA$-0.15 | CA$1.07 | x |
| 2019-12-31 | CA$-0.18 | CA$1.07 | x |
| 2020-12-31 | CA$-0.22 | CA$1.07 | x |
| 2021-12-31 | CA$-0.24 | CA$1.07 | x |
| 2022-12-31 | CA$-0.27 | CA$1.07 | x |
| 2023-12-31 | CA$-0.22 | CA$1.07 | x |
| 2024-12-31 | CA$-0.26 | CA$1.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rusoro Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-21.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -51.32% | 0.00% | 0.00x | 1.04x | CA$-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$-12.98 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-24.45 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: $25,011,639
- Average return on equity (ROE) among peers: -23.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rusoro Mining Ltd (RML) | CA$-208.44 Million | -51.32% | N/A | $485.12 Million |
| Abcourt Mines Inc. (ABI) | $27.66 Million | -3.28% | 0.35x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $13.38 Million | -3.65% | 0.02x | $3.68 Million |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $518.31K | -0.04% | 0.11x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $-251.88K | 0.00% | 0.00x | $9.71 Million |
| Alkane Resources Limited (ALK) | $191.56 Million | 29.08% | 0.23x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $822.20K | -78.33% | 0.24x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.98 Million | -5.17% | 0.10x | $1.59 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