RENFORTH RESS. INC. NEW Net Assets
RENFORTH RESS. INC. NEW net assets. Based on the latest financial reports, RENFORTH RESS. INC. NEW (9RR) has net assets worth €-118.58K EUR (≈ $-138.63K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€537.70K ≈ $628.63K USD) and total liabilities (€656.28K ≈ $767.26K 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. Also explore RENFORTH RESS. INC. NEW net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-118.58K |
| % of Total Assets | -22.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 290.98 |
Net Assets of RENFORTH RESS. INC. NEW (2021–2025)
Net assets of RENFORTH RESS. INC. NEW from 2021 to 2025. This chart illustrates how RENFORTH RESS. INC. NEW's net assets have evolved over time, based on quarterly financial data. See 9RR net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for RENFORTH RESS. INC. NEW (2021–2025)
The table below shows the annual net assets of RENFORTH RESS. INC. NEW from 2021 to 2025. For live market cap and overall valuation, see 9RR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €-334.99K ≈ $-391.64K |
+26.63% |
| 2024-12-31 | €-456.54K ≈ $-533.75K |
-689.53% |
| 2023-12-31 | €77.44K ≈ $90.54K |
-95.94% |
| 2022-12-31 | €1.91 Million ≈ $2.23 Million |
-51.05% |
| 2021-12-31 | €3.90 Million ≈ $4.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to RENFORTH RESS. INC. NEW'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 752297700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
RENFORTH RESS. INC. NEW Net Assets Breakdown (December 2025)
RENFORTH RESS. INC. NEW net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €29.38 Million | % |
| Total Equity | €-334.99K | 100.00% |
RENFORTH RESS. INC. NEW Competitors by Market Cap
The table below lists competitors of RENFORTH RESS. INC. NEW ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PolyPlank publ AB
ST:POLY
|
$2.48 Million |
|
Green Minerals AS
OL:GEM
|
$2.48 Million |
|
Halo Technologies Holdings Ltd
AU:HAL
|
$2.48 Million |
|
China Pharma Holdings Inc
NYSE MKT:CPHI
|
$2.48 Million |
|
Scout Security Ltd
AU:SCT
|
$2.47 Million |
|
Gulf Marine Services PLC
LSE:GMS
|
$2.47 Million |
|
John Wood Group PLC
LSE:WG
|
$2.47 Million |
|
Lixiang Education Holding Co Ltd
NASDAQ:LXEH
|
$2.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RENFORTH RESS. INC. NEW's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -456,543 to -334,987, a change of 121,556.
- Net loss of 887,909 reduced equity.
- New share issuances of 876,730 increased equity.
- Other factors increased equity by 132,735.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-887.91K | -265.06% |
| Share Issuances | €876.73K | +261.72% |
| Other Changes | €132.74K | +39.62% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares RENFORTH RESS. INC. NEW'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.01 | €0.00 | x |
| 2022-12-31 | €0.01 | €0.00 | x |
| 2023-12-31 | €0.00 | €0.00 | x |
| 2024-12-31 | €0.00 | €0.00 | x |
| 2025-12-31 | €0.00 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RENFORTH RESS. INC. NEW 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-608.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -87.81% | 0.00% | 0.00x | 1.19x | €-3.81 Million |
| 2022 | -192.07% | 0.00% | 0.00x | 1.40x | €-3.85 Million |
| 2023 | -2760.83% | 0.00% | 0.00x | 8.53x | €-2.15 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €-789.21K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | €-854.41K |
Industry Comparison
This section compares RENFORTH RESS. INC. NEW's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,681,625,296
- Average return on equity (ROE) among peers: -186.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RENFORTH RESS. INC. NEW (9RR) | €-118.58K | -87.81% | N/A | $2.47 Million |
| Pearl Gold AG (02P) | $0.00 | 0.00% | 0.00x | $9.94 Million |
| NEWPATH RESOURCES INC. (0MZ) | $790.67K | -1412.37% | 2.56x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $36.70 Billion | 3.40% | 1.47x | $1.99 Billion |
| Asante Gold Corporation (1A9) | $1.04 Million | -82.24% | 3.01x | $355.33 Million |
| American Pacific Mining Corp (1QC1) | $41.94 Million | -24.06% | 0.02x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.41 Million | -20.86% | 0.06x | $8.24 Million |
| CLARITY METALS CORP. (27G0) | $2.96 Million | -220.38% | 0.18x | $273.09K |
| CANDELARIA MINING CORP (29LN) | $12.93 Million | -82.55% | 0.30x | $262.83K |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $7.83 Million | -15.12% | 0.05x | $10.77 Million |
About RENFORTH RESS. INC. NEW
Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel, cobalt, platinum, palladium, copper, zinc, silver, and gold. The company owns 100% interest in its flagship, the Parbec Gold Property located in Malartic, Quebec. Renforth Resources Inc. is headquartered in Pickering, Canada.