Radio Fuels Energy Corp
Radio Fuels Energy Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral resource properties. The company primarily explores for uranium deposits. Its flagship property is the 100% owned Eco Ridge project that comprise 371 crown cell claims and 4 mining leases covering an area of approximately 7,800 hectares located in Elliott Lake, Ontario. The … Read more
Radio Fuels Energy Corp (CKEFF) - Net Assets
Latest net assets as of August 2024: $26.66 Million USD
Based on the latest financial reports, Radio Fuels Energy Corp (CKEFF) has net assets worth $26.66 Million USD as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.69 Million) and total liabilities ($2.03 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $26.66 Million |
| % of Total Assets | 92.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3379.25 |
Radio Fuels Energy Corp - Net Assets Trend (2020–2023)
This chart illustrates how Radio Fuels Energy Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Radio Fuels Energy Corp (2020–2023)
The table below shows the annual net assets of Radio Fuels Energy Corp from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-11-30 | $20.59 Million | -50.33% |
| 2022-11-30 | $41.45 Million | +6708.17% |
| 2021-11-30 | $608.87K | +342.97% |
| 2020-11-30 | $-250.59K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Radio Fuels Energy Corp'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 2859174400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $57.69 Million | 280.16% |
| Total Equity | $20.59 Million | 100.00% |
Radio Fuels Energy Corp Competitors by Market Cap
The table below lists competitors of Radio Fuels Energy Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GLORY HEALTH IND. HD-001
F:84R
|
$8.50 Million |
|
Softing AG
XETRA:SYT
|
$8.50 Million |
|
Wiseway Group Ltd
AU:WWG
|
$8.50 Million |
|
Silla Textile Co.Ltd
KQ:001000
|
$8.50 Million |
|
Sonnet Biotherapeutics Holdings Inc
NASDAQ:SONN
|
$8.50 Million |
|
SUPREME DISTRIBUTION PUBLIC COMPANY LIMITED
BK:SPREME
|
$8.50 Million |
|
Ostin Technology Group Co Ltd
NASDAQ:OST
|
$8.49 Million |
|
Sterling Metals Corp
OTCQB:SAGGF
|
$8.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radio Fuels Energy Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 41,452,709 to 20,591,260, a change of -20,861,449 (-50.3%).
- Net loss of 20,465,603 reduced equity.
- Share repurchases of 425,125 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.47 Million | -99.39% |
| Share Repurchases | $425.12K | -2.06% |
| Other Changes | $29.28K | +0.14% |
| Total Change | $- | -50.33% |
Book Value vs Market Value Analysis
This analysis compares Radio Fuels Energy Corp'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
- Current price-to-book ratio: 0.54x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-11-30 | $0.00 | $0.08 | x |
| 2021-11-30 | $0.00 | $0.08 | x |
| 2022-11-30 | $0.29 | $0.08 | x |
| 2023-11-30 | $0.15 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Radio Fuels Energy Corp 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): -99.39%
- 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: 1.00x
- Recent ROE (-99.39%) is below the historical average (-90.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-218.63K |
| 2021 | -248.46% | 0.00% | 0.00x | 43.65x | $-1.57 Million |
| 2022 | -15.95% | 0.00% | 0.00x | 1.00x | $-10.76 Million |
| 2023 | -99.39% | 0.00% | 0.00x | 1.00x | $-22.52 Million |
Industry Comparison
This section compares Radio Fuels Energy Corp's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $16,988,040
- Average return on equity (ROE) among peers: -24.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radio Fuels Energy Corp (CKEFF) | $26.66 Million | 0.00% | 0.08x | $8.50 Million |
| Anfield Energy Inc. (AEC) | $14.69 Million | -60.28% | 1.45x | $74.75 Million |
| AEMLF (AEMLF) | $7.09 Million | -26.99% | 0.04x | $2.04 Million |
| Alligator Energy Limited (ALGEF) | $8.63 Million | -11.42% | 0.05x | $63.13 Million |
| ALX Resources Corp (ALXEF) | $298.51K | -8.80% | 0.03x | $3.92 Million |
| Appia Energy Corp (APAAF) | $27.17 Million | -2.82% | 0.16x | $11.14 Million |
| Aura Energy Limited (AUEEF) | $16.57 Million | -16.64% | 0.03x | $55.36 Million |
| Azincourt Uranium Inc (AZURF) | $7.85 Million | -91.09% | 0.04x | $1.89 Million |
| Berkeley Energy Ltd (BKLRF) | $25.00 Million | -28.01% | 0.04x | $175.19 Million |
| Blue Sky Uranium Corp (BKUCF) | $-393.25K | 0.00% | 0.00x | $12.59 Million |
| Bannerman Resources Ltd (BNNLF) | $62.97 Million | -3.54% | 0.01x | $221.50 Million |