Rover Metals Corp (ROVR) - Net Assets

Latest as of June 2025: CA$4.88 Million CAD ≈ $3.53 Million USD

Based on the latest financial reports, Rover Metals Corp (ROVR) has net assets worth CA$4.88 Million CAD (≈ $3.53 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.87 Million ≈ $4.25 Million USD) and total liabilities (CA$992.88K ≈ $718.24K 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 Rover Metals Corp (ROVR) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$4.88 Million
% of Total Assets 83.08%
Annual Growth Rate 34.09%
5-Year Change 215.0%
10-Year Change 4467.05%
Growth Volatility 344.67

Rover Metals Corp - Net Assets Trend (2011–2024)

This chart illustrates how Rover Metals Corp's net assets have evolved over time, based on quarterly financial data. See ROVR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Rover Metals Corp (2011–2024)

The table below shows the annual net assets of Rover Metals Corp from 2011 to 2024. For live valuation and market cap data, see ROVR market cap.

Year Net Assets Change
2024-12-31 CA$4.49 Million
≈ $3.25 Million		 +0.38%
2023-12-31 CA$4.47 Million
≈ $3.24 Million		 -5.85%
2022-12-31 CA$4.75 Million
≈ $3.44 Million		 +27.97%
2021-12-31 CA$3.71 Million
≈ $2.69 Million		 +160.45%
2020-12-31 CA$1.43 Million
≈ $1.03 Million		 +77.85%
2019-12-31 CA$801.80K
≈ $580.01K		 -33.10%
2018-12-31 CA$1.20 Million
≈ $866.95K		 +1286.92%
2017-12-31 CA$86.41K
≈ $62.51K		 -37.66%
2016-12-31 CA$138.61K
≈ $100.27K		 +40.93%
2015-12-31 CA$98.35K
≈ $71.15K		 -28.00%
2014-12-31 CA$136.61K
≈ $98.82K		 -54.07%
2013-12-31 CA$297.45K
≈ $215.17K		 -14.18%
2012-12-31 CA$346.61K
≈ $250.73K		 +249.91%
2011-12-31 CA$99.06K
≈ $71.66K		 --

Equity Component Analysis

This analysis shows how different components contribute to Rover Metals Corp'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 788452300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$12.38 Million 275.55%
Total Equity CA$4.49 Million 100.00%

Rover Metals Corp Competitors by Market Cap

The table below lists competitors of Rover Metals Corp ranked by their market capitalization.

Company Market Cap
Future Enterprises Limited
NSE:FELDVR
 $1.11 Million
Stelmine Canada Ltd
V:STH
 $1.11 Million
Anpario Plc
LSE:ANP
 $1.11 Million
Metavisio (Thomson Computing)
PA:ALTHO
 $1.11 Million
Black Widow Resources Inc
V:BWR
 $1.11 Million
Optiva Inc
TO:OPT
 $1.10 Million
Ecoclime Group AB Series B
ST:ECC-B
 $1.10 Million
Lithium One Metals Inc
V:LONE
 $1.10 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rover Metals Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,474,678 to 4,491,875, a change of 17,197 (0.4%).
  • Net loss of 588,326 reduced equity.
  • New share issuances of 512,674 increased equity.
  • Other factors increased equity by 92,849.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-588.33K -13.1%
Share Issuances CA$512.67K +11.41%
Other Changes CA$92.85K +2.07%
Total Change CA$- 0.38%

Book Value vs Market Value Analysis

This analysis compares Rover Metals Corp'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: 0.32x
  • 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 increased from 0.14x to 0.32x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CA$1.41 CA$0.20 x
2013-12-31 CA$0.74 CA$0.20 x
2014-12-31 CA$0.35 CA$0.20 x
2015-12-31 CA$0.12 CA$0.20 x
2016-12-31 CA$0.37 CA$0.20 x
2017-12-31 CA$0.13 CA$0.20 x
2018-12-31 CA$0.18 CA$0.20 x
2019-12-31 CA$0.10 CA$0.20 x
2020-12-31 CA$0.14 CA$0.20 x
2021-12-31 CA$0.21 CA$0.20 x
2022-12-31 CA$0.19 CA$0.20 x
2023-12-31 CA$0.85 CA$0.20 x
2024-12-31 CA$0.63 CA$0.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rover Metals Corp 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): -13.10%
  • 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: 1.15x
  • Recent ROE (-13.10%) is above the historical average (-55.08%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -19.48% 0.00% 0.00x 1.09x CA$-102.19K
2013 -16.53% 0.00% 0.00x 1.16x CA$-78.90K
2014 -117.74% 0.00% 0.00x 1.36x CA$-174.50K
2015 -38.90% 0.00% 0.00x 1.06x CA$-48.09K
2016 -32.42% 0.00% 0.00x 1.01x CA$-58.80K
2017 -60.40% 0.00% 0.00x 1.09x CA$-60.84K
2018 -143.34% 0.00% 0.00x 1.18x CA$-1.84 Million
2019 -97.14% 0.00% 0.00x 1.31x CA$-859.03K
2020 -56.90% 0.00% 0.00x 1.34x CA$-953.95K
2021 -45.11% 0.00% 0.00x 1.19x CA$-2.05 Million
2022 -31.53% 0.00% 0.00x 1.07x CA$-1.97 Million
2023 -43.45% 0.00% 0.00x 1.14x CA$-2.39 Million
2024 -13.10% 0.00% 0.00x 1.15x CA$-1.04 Million

Industry Comparison

This section compares Rover Metals Corp's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $3,457,076,334
  • Average return on equity (ROE) among peers: -12.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rover Metals Corp (ROVR) CA$4.88 Million -19.48% 0.20x $1.11 Million
Allied Gold Corporation (AAUC) $111.36 Million -6.66% 4.92x $3.29 Billion
Abcourt Mines Inc. (ABI) $3.33 Million -20.67% 0.04x $77.46 Million
Barrick Gold Corp (ABX) $32.31 Billion 6.26% 0.45x $70.55 Billion
American Eagle Gold Corp (AE) $35.20 Million -22.32% 0.04x $142.56 Million
Agnico Eagle Mines Limited (AEM) $2.06 Billion 6.77% 0.33x $86.35 Billion
Alamos Gold Inc (AGI) $25.69 Million -7.53% 0.11x $15.94 Billion
AIS Resources Ltd (AIS) $479.48K -11.79% 0.06x $2.79 Million
Alliance Mining Corp (ALM) $-655.60K 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $24.24 Million -6.73% 0.03x $41.82 Million
Almaden Minerals Ltd (AMM) $5.18 Million -58.59% 0.09x $24.82 Million

About Rover Metals Corp

V:ROVR Canada Gold
Market Cap
$1.11 Million
CA$1.53 Million CAD
Market Cap Rank
#30341 Global
#1575 in Canada
Share Price
CA$0.20
Change (1 day)
+0.00%
52-Week Range
CA$0.16 - CA$0.24
All Time High
CA$1.50
Categories
Companies in Canada Gold
About

Rover Critical Minerals Corp., a natural resource exploration company, engages in the acquisition, exploitation, exploration, evaluation, and development of mineral properties in the United States and Canada. It primarily explores for lithium, gold, silver, and copper deposits. The company was formerly known as Rover Metals Corp. and changed its name to Rover Critical Minerals Corp. in February 2… Read more