Right Resources Limited
Right Resources Limited operates as an exploration company. It holds a portfolio of gold and copper assets covering 2,089 square kilometres comprising six exploration licences in the Tumbarumba region including the Pilot Project, Bullseye Project, and Storm Projects; and two exploration licences in the New England region. The company was incorporated in 2021 and is based in West Perth, Australia.
Right Resources Limited (RRE) - Total Assets
Latest total assets as of June 2025: AU$3.72 Million AUD
Based on the latest financial reports, Right Resources Limited (RRE) holds total assets worth AU$3.72 Million AUD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Right Resources Limited - Total Assets Trend (2023–2025)
This chart illustrates how Right Resources Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Right Resources Limited - Asset Composition Analysis
Current Asset Composition (June 2025)
Right Resources Limited's total assets of AU$3.72 Million consist of 19.7% current assets and 80.4% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 11.9% |
| Accounts Receivable | AU$121.37K | 3.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$2.76 Million | 74.1% |
| Intangible Assets | AU$152.59K | 4.1% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2023–2025)
This chart illustrates how Right Resources Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Right Resources Limited's current assets represent 19.7% of total assets in 2025, a decrease from 49.1% in 2023.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2025, down from 49.1% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2023.
- Asset Diversification: The largest asset category is property, plant & equipment at 74.1% of total assets.
Right Resources Limited Competitors by Total Assets
Key competitors of Right Resources Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Right Resources Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Right Resources Limited generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Right Resources Limited is currently not profitable relative to its asset base.
Right Resources Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.87 | - | - |
| Quick Ratio | 0.87 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | AU$-110.84K | - | - |
Right Resources Limited - Advanced Valuation Insights
This section examines the relationship between Right Resources Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.44 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 225.7% |
| Total Assets | AU$3.72 Million |
| Market Capitalization | $622.85K USD |
Valuation Analysis
Below Book Valuation: The market values Right Resources Limited's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Right Resources Limited's assets grew by 225.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Right Resources Limited (2023–2025)
The table below shows the annual total assets of Right Resources Limited from 2023 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$3.72 Million | +225.68% |
| 2024-06-30 | AU$1.14 Million | +260.22% |
| 2023-06-30 | AU$317.46K | -- |