Riverside Resources Inc
Riverside Resources Inc. engages in the acquisition, exploration, and evaluation of mineral assets in Canada, the United States, and Mexico. It explores for gold, silver, lead, zinc, rare earth elements, molybdenum, and copper deposits. Riverside Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Riverside Resources Inc (RVSDF) - Net Assets
Latest net assets as of September 2025: $9.81 Million USD
Based on the latest financial reports, Riverside Resources Inc (RVSDF) has net assets worth $9.81 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.32 Million) and total liabilities ($1.50 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 | $9.81 Million |
| % of Total Assets | 86.71% |
| Annual Growth Rate | -0.21% |
| 5-Year Change | -10.63% |
| 10-Year Change | 42.07% |
| Growth Volatility | 19.26 |
Riverside Resources Inc - Net Assets Trend (2014–2025)
This chart illustrates how Riverside Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Riverside Resources Inc (2014–2025)
The table below shows the annual net assets of Riverside Resources Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $9.81 Million | -17.37% |
| 2024-09-30 | $11.87 Million | -12.46% |
| 2023-09-30 | $13.56 Million | +10.87% |
| 2022-09-30 | $12.23 Million | +11.43% |
| 2021-09-30 | $10.98 Million | +14.80% |
| 2020-09-30 | $9.56 Million | -4.96% |
| 2019-09-30 | $10.06 Million | +15.09% |
| 2018-09-30 | $8.74 Million | -11.58% |
| 2017-09-30 | $9.89 Million | +43.17% |
| 2016-09-30 | $6.91 Million | -0.92% |
| 2015-09-30 | $6.97 Million | -30.56% |
| 2014-09-30 | $10.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Riverside Resources Inc'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 174222700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $25.23 Million | 257.08% |
| Total Equity | $9.81 Million | 100.00% |
Riverside Resources Inc Competitors by Market Cap
The table below lists competitors of Riverside Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Euro Menkul Kiymet Yatirim Ortakligi AS
IS:EUYO
|
$9.69 Million |
|
AMB Financial Corp
PINK:AMFC
|
$9.69 Million |
|
Bayhorse Silver Inc
OTCQB:BHSIF
|
$9.69 Million |
|
Wiscom
KO:024070
|
$9.70 Million |
|
NBT Inc.
KQ:236810
|
$9.68 Million |
|
Shemaroo Entertainment Limited
NSE:SHEMAROO
|
$9.67 Million |
|
Lahontan Gold Corp.
OTCQB:LGCXF
|
$9.67 Million |
|
Tempus Resources Limited
PINK:TMRFF
|
$9.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Riverside Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,874,689 to 9,812,244, a change of -2,062,445 (-17.4%).
- Net income of 2,528,105 contributed positively to equity growth.
- Other factors decreased equity by 4,590,550.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.53 Million | +25.76% |
| Other Changes | $-4.59 Million | -46.78% |
| Total Change | $- | -17.37% |
Book Value vs Market Value Analysis
This analysis compares Riverside Resources Inc'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: 0.84x
- 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.
- The price-to-book ratio has increased from 0.49x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | $0.22 | $0.11 | x |
| 2018-09-30 | $0.20 | $0.11 | x |
| 2019-09-30 | $0.16 | $0.11 | x |
| 2020-09-30 | $0.14 | $0.11 | x |
| 2021-09-30 | $0.15 | $0.11 | x |
| 2022-09-30 | $0.16 | $0.11 | x |
| 2023-09-30 | $0.18 | $0.11 | x |
| 2024-09-30 | $0.16 | $0.11 | x |
| 2025-09-30 | $0.13 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Riverside Resources Inc 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): 25.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (25.76%) is above the historical average (-3.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -22.33% | 0.00% | 0.00x | 1.08x | $-3.25 Million |
| 2015 | -41.05% | 0.00% | 0.00x | 1.06x | $-3.56 Million |
| 2016 | 11.04% | 0.00% | 0.00x | 1.15x | $71.91K |
| 2017 | -6.92% | 0.00% | 0.00x | 1.02x | $-1.67 Million |
| 2018 | -16.73% | 0.00% | 0.00x | 1.01x | $-2.34 Million |
| 2019 | -13.03% | 0.00% | 0.00x | 1.23x | $-2.32 Million |
| 2020 | 27.52% | 0.00% | 0.00x | 1.28x | $1.68 Million |
| 2021 | 6.69% | 0.00% | 0.00x | 1.36x | $-363.79K |
| 2022 | -1.70% | 0.00% | 0.00x | 1.33x | $-1.43 Million |
| 2023 | -2.91% | 0.00% | 0.00x | 1.13x | $-1.75 Million |
| 2024 | -13.43% | 0.00% | 0.00x | 1.16x | $-2.78 Million |
| 2025 | 25.76% | 0.00% | 0.00x | 1.15x | $1.55 Million |
Industry Comparison
This section compares Riverside Resources Inc's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Riverside Resources Inc (RVSDF) | $9.81 Million | -22.33% | 0.15x | $9.68 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |