RENFORTH RESS. INC. NEW (9RR) - Net Assets
Based on the latest financial reports, RENFORTH RESS. INC. NEW (9RR) has net assets worth €-570.60K EUR (≈ $-667.09K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€119.94K ≈ $140.22K USD) and total liabilities (€690.54K ≈ $807.32K 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 9RR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-570.60K |
| % of Total Assets | -475.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 290.98 |
RENFORTH RESS. INC. NEW - Net Assets Trend (2021–2024)
This chart illustrates how RENFORTH RESS. INC. NEW's net assets have evolved over time, based on quarterly financial data. Also explore RENFORTH RESS. INC. NEW (9RR) total assets for the complete picture of this company's asset base.
Annual Net Assets for RENFORTH RESS. INC. NEW (2021–2024)
The table below shows the annual net assets of RENFORTH RESS. INC. NEW from 2021 to 2024. For live valuation and market cap data, see 9RR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 663506800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €28.38 Million | % |
| Total Equity | €-456.54K | 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 |
|---|---|
|
The GYM Group PLC
LSE:GYM
|
$3.73 Million |
|
Randgold Exploration
JSE:RNG
|
$3.73 Million |
|
Madhav Marbles and Granites Limited
NSE:MADHAV
|
$3.73 Million |
|
Pearl Polymers Limited
NSE:PEARLPOLY
|
$3.73 Million |
|
Mortgage Advice
LSE:MAB1
|
$3.73 Million |
|
NuCana PLC
NASDAQ:NCNA
|
$3.72 Million |
|
LM Funding America Inc
NASDAQ:LMFA
|
$3.72 Million |
|
Green Cross Holdings Preference Shares
KO:005257
|
$3.72 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 2023 to 2024, total equity changed from 77,442 to -456,543, a change of -533,985 (-689.5%).
- Net loss of 834,861 reduced equity.
- New share issuances of 508,000 increased equity.
- Other factors decreased equity by 207,124.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-834.86K | -182.87% |
| Share Issuances | €508.00K | +111.27% |
| Other Changes | €-207.12K | -45.37% |
| Total Change | €- | -689.53% |
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 | €0.01 | x |
| 2022-12-31 | €0.01 | €0.01 | x |
| 2023-12-31 | €0.00 | €0.01 | x |
| 2024-12-31 | €0.00 | €0.01 | 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 (-760.18%), 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 |
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: $21,542,265
- Average return on equity (ROE) among peers: -76.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RENFORTH RESS. INC. NEW (9RR) | €-570.60K | -87.81% | N/A | $3.73 Million |
| Pearl Gold AG (02P) | $0.00 | 0.00% | 0.00x | $12.28 Million |
| Asante Gold Corporation (1A9) | $132.61 Million | -99.79% | 6.37x | $652.36 Million |
| American Pacific Mining Corp (1QC1) | $39.11 Million | -23.19% | 0.05x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $26.12 Million | -5.86% | 0.18x | $236.82 Million |
| GREENHAWK RESOURCES INC. (2V70) | $3.02 Million | -50.52% | 0.19x | $453.49K |
| THETA GOLD MNS LTD (3LM) | $-2.12 Million | 0.00% | 0.00x | $149.39 Million |
| McLaren Resources Inc (3ML) | $92.17K | -504.01% | 0.86x | $2.42 Million |
| Tarachi Gold Corp (4RZ) | $59.76K | -56.67% | 1.20x | $2.42 Million |
| KATORO GOLD PLC LS-01 (622) | $-230.91K | 0.00% | 0.00x | $1.74 Million |
| Blue Lagoon Resources Inc (7BL) | $16.76 Million | -23.25% | 0.47x | $75.70 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. It focuses on Malartic Metals Package. The company also owns 100% interest in the Parbec Gold Property located in Quebec; and holds 100% interest in the Nixon Bartleman Property consisting of… Read more