ROK Resources Inc (ROK) - Net Assets
Based on the latest financial reports, ROK Resources Inc (ROK) has net assets worth CA$100.71 Million CAD (≈ $72.85 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$142.54 Million ≈ $103.11 Million USD) and total liabilities (CA$41.84 Million ≈ $30.26 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 ROK Resources Inc (ROK) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$100.71 Million |
| % of Total Assets | 70.65% |
| Annual Growth Rate | 71.98% |
| 5-Year Change | 3390.54% |
| 10-Year Change | N/A |
| Growth Volatility | 870.36 |
ROK Resources Inc - Net Assets Trend (2016–2024)
This chart illustrates how ROK Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore ROK Resources Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for ROK Resources Inc (2016–2024)
The table below shows the annual net assets of ROK Resources Inc from 2016 to 2024. For live valuation and market cap data, see ROK Resources Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$101.41 Million ≈ $73.36 Million |
-0.02% |
| 2023-12-31 | CA$101.43 Million ≈ $73.37 Million |
-7.37% |
| 2022-12-31 | CA$109.51 Million ≈ $79.22 Million |
+2649.76% |
| 2021-12-31 | CA$3.98 Million ≈ $2.88 Million |
+37.08% |
| 2020-12-31 | CA$2.91 Million ≈ $2.10 Million |
+42.00% |
| 2019-12-31 | CA$2.05 Million ≈ $1.48 Million |
+45.70% |
| 2018-12-31 | CA$1.40 Million ≈ $1.02 Million |
-25.28% |
| 2017-12-31 | CA$1.88 Million ≈ $1.36 Million |
+41.84% |
| 2016-12-31 | CA$1.32 Million ≈ $958.43K |
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Equity Component Analysis
This analysis shows how different components contribute to ROK Resources Inc'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 grown by 17643230300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$64.89 Million | 63.99% |
| Other Components | CA$36.51 Million | 36.01% |
| Total Equity | CA$101.41 Million | 100.00% |
ROK Resources Inc Competitors by Market Cap
The table below lists competitors of ROK Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ascelia Pharma AB (publ)
ST:ACE
|
$40.96 Million |
|
Jindalee Lithium Ltd
AU:JLL
|
$40.97 Million |
|
Ajinextek Co. Ltd
KQ:059120
|
$40.97 Million |
|
Tondo Smart Ltd
TA:TNDO
|
$40.97 Million |
|
SIFCO Industries Inc
NYSE MKT:SIF
|
$40.95 Million |
|
Honmyue Enterprise Co Ltd
TW:1474
|
$40.92 Million |
|
Mineralbrunnen Überkingen-Teinach GmbH & Co. KGaA
F:MUT3
|
$40.92 Million |
|
Brookside Energy Ltd
AU:BRK
|
$40.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ROK Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 101,431,803 to 101,406,632, a change of -25,171 (-0.0%).
- Net loss of 636,413 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-636.41K | -0.63% |
| Other Changes | CA$611.24K | +0.6% |
| Total Change | CA$- | -0.02% |
Book Value vs Market Value Analysis
This analysis compares ROK Resources Inc'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: 0.56x
- 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.
- The price-to-book ratio has decreased from 3.22x to 0.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.08 | CA$0.26 | x |
| 2018-12-31 | CA$0.06 | CA$0.26 | x |
| 2019-12-31 | CA$0.05 | CA$0.26 | x |
| 2020-12-31 | CA$0.05 | CA$0.26 | x |
| 2021-12-31 | CA$0.05 | CA$0.26 | x |
| 2022-12-31 | CA$0.52 | CA$0.26 | x |
| 2023-12-31 | CA$0.46 | CA$0.26 | x |
| 2024-12-31 | CA$0.46 | CA$0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ROK Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.75%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.54x
- Recent ROE (-0.63%) is above the historical average (-23.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -81.75% | -3170.33% | 0.02x | 1.06x | CA$-1.22 Million |
| 2017 | -22.80% | -3275.05% | 0.01x | 1.03x | CA$-616.40K |
| 2018 | -37.82% | -2703.91% | 0.01x | 1.02x | CA$-671.44K |
| 2019 | -27.51% | -3161.05% | 0.01x | 1.08x | CA$-767.48K |
| 2020 | -41.40% | -201.00% | 0.09x | 2.26x | CA$-1.49 Million |
| 2021 | -58.54% | -67.83% | 0.26x | 3.29x | CA$-2.73 Million |
| 2022 | 73.06% | 91.63% | 0.45x | 1.75x | CA$69.05 Million |
| 2023 | -10.83% | -12.60% | 0.53x | 1.63x | CA$-21.13 Million |
| 2024 | -0.63% | -0.75% | 0.54x | 1.54x | CA$-10.78 Million |
Industry Comparison
This section compares ROK Resources Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $642,696,496
- Average return on equity (ROE) among peers: -12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ROK Resources Inc (ROK) | CA$100.71 Million | -81.75% | 0.42x | $40.96 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.27 Billion | -1.67% | 1.21x | $1.22 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $71.06 Million |
| Alvopetro Energy (ALV) | $60.57 Million | -7.17% | 0.08x | $230.37 Million |
| Africa Oil Corp (AOI) | $929.85 Million | -5.66% | 0.06x | $820.85 Million |
| Altima Resources Ltd (ARH) | $18.57 Million | -6.97% | 0.60x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.16 Billion | 9.08% | 0.68x | $13.26 Billion |
| Athabasca Oil Corp (ATH) | $965.95 Million | -58.97% | 0.89x | $4.13 Billion |
| Altai Resources Inc. (ATI) | $4.45 Million | -2.56% | 0.07x | $1.42 Million |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $10.89 Million | -0.55% | 0.12x | $84.78 Million |
About ROK Resources Inc
ROK Resources Inc. operates as an independent oil and gas company in Canada. The company primarily engages in the exploration, development, and production of oil and natural gas in Southeast Saskatchewan and Central Alberta. ROK Resources Inc. is headquartered in Regina, Canada.