RareX Limited Total Assets
RareX Limited total assets. Based on the latest financial reports, RareX Limited (CK1) holds total assets worth €5.48 Million EUR (≈ $6.41 Million USD) as of June 2024. 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. Also see RareX Limited market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of RareX Limited (2014–2024)
Total assets of RareX Limited from 2014 to 2024. This chart illustrates how RareX Limited's total assets have evolved over time, based on quarterly financial data. See RareX Limited share price for real-time trading data and today's change.
RareX Limited - Asset Composition Analysis
RareX Limited Total Assets Breakdown (June 2024)
RareX Limited total assets breakdown as of June 2024. RareX Limited's total assets of €5.48 Million consist of 39.2% current assets and 60.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 35.3% |
| Accounts Receivable | €37.36K | 0.7% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how RareX 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. Explore RareX Limited working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: RareX Limited's current assets represent 39.2% of total assets in 2024, a decrease from 78.7% in 2014.
- Cash Position: Cash and equivalents constituted 35.3% of total assets in 2024, down from 60.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
RareX Limited Competitors by Total Assets
Key competitors of RareX Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BHP Group Ltd
AU:BHP
|
Australia | AU$116.09 Billion |
|
Rio Tinto Group
MX:RION
|
Mexico | MX$128.10 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
MP Materials Corp
NYSE:MP
|
USA | $3.73 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
China | CN¥19.62 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥63.81 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Chengtun Mining Group Co Ltd
SHG:600711
|
China | CN¥50.58 Billion |
RareX 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 | 2.13 | 2.40 | 6.14 |
| Quick Ratio | 2.13 | 2.40 | 6.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.14 Million | €2.79 Million | €852.33K |
RareX Limited - Advanced Valuation Insights
This section examines the relationship between RareX 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 | 1.23 |
| Latest Market Cap to Assets Ratio | 1.04 |
| Asset Growth Rate (YoY) | -28.4% |
| Total Assets | €5.48 Million |
| Market Capitalization | $5.69 Million USD |
Valuation Analysis
Above Book Valuation: The market values RareX Limited's assets above their book value (1.04x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: RareX Limited's assets decreased by 28.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RareX Limited (2014–2024)
The table below shows the annual total assets of RareX Limited from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | €5.48 Million ≈ $6.41 Million |
-28.45% |
| 2023-06-30 | €7.66 Million ≈ $8.95 Million |
-35.23% |
| 2022-06-30 | €11.83 Million ≈ $13.83 Million |
+26.31% |
| 2021-06-30 | €9.36 Million ≈ $10.95 Million |
+21.77% |
| 2020-06-30 | €7.69 Million ≈ $8.99 Million |
+404.78% |
| 2019-06-30 | €1.52 Million ≈ $1.78 Million |
-41.77% |
| 2018-06-30 | €2.62 Million ≈ $3.06 Million |
+60.80% |
| 2017-06-30 | €1.63 Million ≈ $1.90 Million |
-20.49% |
| 2016-06-30 | €2.05 Million ≈ $2.39 Million |
+28.04% |
| 2015-06-30 | €1.60 Million ≈ $1.87 Million |
-25.33% |
| 2014-06-30 | €2.14 Million ≈ $2.50 Million |
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About RareX Limited
RareX Limited engages in the exploration and development of mineral properties in Australia. The company primarily explores for rare earths and gallium, niobium, and scandium in hardrock carbonatites. Its flagship project is the 100% owned Cummins Range Rare Earths project located in the Kimberley region of Western Australia. The company was incorporated in 2003 and is based in Subiaco, Australia.