Red Tiger Mining Inc
Red Tiger Mining Inc., through its subsidiaries, engages in the acquisition, exploration, and development of copper and gold properties in the state of Sonora, Mexico. It holds interest in the San Antonio property covering 11,240 hectares of mineral concessions located near San Antonio, Mexico. The company was formerly known as Zaruma Resources Inc. and changed its name to Red Tiger Mining Inc. i… Read more
Red Tiger Mining Inc (RDTMF) - Net Assets
Latest net assets as of March 2018: $691.46 Million USD
Based on the latest financial reports, Red Tiger Mining Inc (RDTMF) has net assets worth $691.46 Million USD as of March 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.07 Billion) and total liabilities ($383.09 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 | $691.46 Million |
| % of Total Assets | 64.35% |
| Annual Growth Rate | 37.54% |
| 5-Year Change | 6485.74% |
| 10-Year Change | N/A |
| Growth Volatility | 1764.71 |
Red Tiger Mining Inc - Net Assets Trend (2001–2017)
This chart illustrates how Red Tiger Mining 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 Red Tiger Mining Inc (2001–2017)
The table below shows the annual net assets of Red Tiger Mining Inc from 2001 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-12-31 | $662.38 Million | +11.33% |
| 2016-12-31 | $594.98 Million | +7861.99% |
| 2015-12-31 | $-7.67 Million | -101.14% |
| 2015-09-30 | $671.77 Million | +6579.12% |
| 2014-12-31 | $10.06 Million | -64.12% |
| 2013-12-31 | $28.03 Million | +12.00% |
| 2012-12-31 | $25.03 Million | +1218.35% |
| 2011-12-31 | $-2.24 Million | +59.25% |
| 2010-12-31 | $-5.49 Million | -124.39% |
| 2009-12-31 | $-2.45 Million | -262.84% |
| 2008-12-31 | $1.50 Million | -67.40% |
| 2007-12-31 | $4.61 Million | -5.39% |
| 2006-12-31 | $4.87 Million | +29.42% |
| 2005-12-31 | $3.77 Million | -18.45% |
| 2004-12-31 | $4.62 Million | -4.36% |
| 2003-12-31 | $4.83 Million | -8.21% |
| 2002-12-31 | $5.26 Million | +30.25% |
| 2001-12-31 | $4.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Tiger Mining 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 grown by 35166600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2017)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $351.67 Million | 53.09% |
| Common Stock | $544.00K | 0.08% |
| Other Components | $310.17 Million | 46.83% |
| Total Equity | $662.38 Million | 100.00% |
Red Tiger Mining Inc Competitors by Market Cap
The table below lists competitors of Red Tiger Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ABCO Energy Inc
PINK:ABCE
|
$11.90K |
|
MICROPORT SCIEN
BE:MSK
|
$11.90K |
|
Edita Food Industries Company (S.A.E)
LSE:EFID
|
$11.91K |
|
AFRICA OIL
MU:AFZ
|
$11.91K |
|
Mincon Group P
LSE:MCON
|
$11.89K |
|
Pengana Global Private Credit Trust
AU:PCX
|
$11.88K |
|
DEEP YELLOW (JMI.SG)
STU:JMI
|
$11.88K |
|
Big Lots, Inc.
PINK:BIGGQ
|
$11.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Tiger Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from 594,983,000 to 662,375,000, a change of 67,392,000 (11.3%).
- Net income of 31,858,000 contributed positively to equity growth.
- Other factors increased equity by 35,534,000.
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $31.86 Million | +4.81% |
| Other Changes | $35.53 Million | +5.36% |
| Total Change | $- | 11.33% |
Book Value vs Market Value Analysis
This analysis compares Red Tiger Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $0.00 | $0.00 | x |
| 2002-12-31 | $0.00 | $0.00 | x |
| 2003-12-31 | $0.00 | $0.00 | x |
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $-0.07 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Tiger Mining 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): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.26%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.55x
- Recent ROE (4.81%) is above the historical average (-7.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 0.00% | 0.00x | 1.26x | $-403.77K |
| 2002 | 0.00% | 0.00% | 0.00x | 1.22x | $-525.91K |
| 2003 | 0.00% | 0.00% | 0.00x | 1.06x | $-482.73K |
| 2004 | 0.00% | 0.00% | 0.00x | 1.07x | $-461.68K |
| 2005 | 0.00% | 0.00% | 0.00x | 1.15x | $-376.50K |
| 2006 | 0.00% | 0.00% | 0.00x | 1.12x | $-487.26K |
| 2007 | 0.00% | 0.00% | 0.00x | 1.62x | $-461.02K |
| 2008 | 0.00% | 0.00% | 0.00x | 23.91x | $-150.31K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2012 | 71.04% | 0.00% | 0.00x | 2.70x | $15.28 Million |
| 2013 | -3.54% | -4.16% | 0.37x | 2.31x | $-3.80 Million |
| 2014 | -180.35% | -47.17% | 0.95x | 4.04x | $-19.14 Million |
| 2015 | -13.60% | -12.39% | 0.61x | 1.81x | $-154.80 Million |
| 2015 | 0.00% | -225.30% | 0.33x | 0.00x | $-17.19 Million |
| 2016 | -13.57% | -11.05% | 0.74x | 1.65x | $-140.24 Million |
| 2017 | 4.81% | 4.26% | 0.73x | 1.55x | $-34.38 Million |
Industry Comparison
This section compares Red Tiger Mining Inc's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Tiger Mining Inc (RDTMF) | $691.46 Million | 0.00% | 0.55x | $11.90K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |