Ronin Resources (ASX:RON) Net Cash per Share: A$0.07 (As of Dec. 2025) — 95% Below Median

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ASX:RON Ronin Resources Ltd ASX:RON
29 GF Score
Price A$0.18
! 1 Warning Sign
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What is Ronin Resources Net Cash per Share?

Ronin Resources ASX:RON 29 Net Cash per Share is A$0.07 as of Dec. 2025, which is 100% below its 10-year median of 1.41. GuruFocus rates ASX:RON with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 1,061 Metals & Mining companies, Ronin Resources ranks better than 85.2% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Ronin Resources's Net Cash per Share for the quarter that ended in Dec. 2025 was A$0.07.

The historical rank and industry rank for Ronin Resources's Net Cash per Share or its related term are showing as below:

ASX:RON' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1   Med: 1.41   Max: 2.75
Current: 2.57

During the past 5 years, the highest Price-to-Net-Cash Ratio of Ronin Resources was 2.75. The lowest was 1.00. And the median was 1.41.

ASX:RON's Price-to-Net-Cash is ranked better than
85.2% of 1061 companies
in the Metals & Mining industry
Industry Median: 7.43 vs ASX:RON: 2.57

Ronin Resources  (ASX:RON) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Ronin Resources Net Cash per Share Related Terms


Ronin Resources Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Ronin Resources's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ronin Resources Net Cash per Share Chart

Ronin Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Net Cash per Share
0.15 0.13 0.11 0.09 0.08

Ronin Resources Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.08 0.08 0.07

ASX:RON vs HL: Net Cash per Share Comparison

For the Other Precious Metals & Mining subindustry, Ronin Resources's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ronin Resources Price-to-Net-Cash vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ronin Resources's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ronin Resources's Price-to-Net-Cash falls into.


ASX:RON
29GF Score
Ronin Resources Ltd ASX:RON
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Ronin Resources Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Ronin Resources's Net Cash per Share for the fiscal year that ended in Jun. 2025 is calculated as

Net Cash per Share (A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.32-0.099-0)/40.375
=0.08

Ronin Resources's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.139-0.122-0)/40.375
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of A$0.07 mean?
Ronin Resources (ASX:RON) has a Net Cash per Share of A$0.07 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Ronin Resources and its competitors. This is 95% below median its historical median of 1.41. Over the past decade, Ronin Resources' Net Cash per Share has ranged from 1.00 to 2.75. According to the industry distribution chart, Ronin Resources ranks #157 out of 1061 companies in the Metals & Mining industry, placing it in the top 14.8%.
Is Ronin Resources' Net Cash per Share too high?
Ronin Resources' current Net Cash per Share of A$0.07 is 95% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.75. Based on the distribution chart, Ronin Resources ranks #157 out of 1061 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ronin Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ronin Resources' Net Cash per Share compare to HL?
According to the Metals & Mining industry distribution chart, Ronin Resources ranks #157 out of 1061 companies for Net Cash per Share. This places Ronin Resources in the top 15% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 7.43. Historically, Ronin Resources' own Net Cash per Share has ranged from 1.00 to 2.75 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.43, based on 1,061 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Ronin Resources and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ronin Resources's current Net Cash per Share is A$0.07, which is 95% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ronin Resources stock overvalued right now?
Ronin Resources (ASX:RON) has a current Net Cash per Share of A$0.07. The current Net Cash per Share is A$0.07, which is 95% below median its 10-year median of 1.41. Ronin Resources' overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Ronin Resources (ASX:RON), the current Net Cash per Share is A$0.07 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ronin Resources Business Description

Address 459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Ronin Resources Ltd is an exploration project in Colombia. Its Vetas Project is a thermal coal project. The Santa Rosa Project is an earlier stage gold and copper project located in a prolific artisan mining district.
29GF Score

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A$0.18
Price