Rackla Metals Inc
Rackla Metals Inc., gold exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold deposit. Its flagship project is the Grad property consisting of five claims covering an area of approximately 5,525 hectares located in the Northwest Territories, Canada. Rackla Metals Inc. was incorporated in 2011 and is headquarter… Read more
Rackla Metals Inc (RMETF) - Net Assets
Latest net assets as of September 2025: $11.84 Million USD
Based on the latest financial reports, Rackla Metals Inc (RMETF) has net assets worth $11.84 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 ($13.14 Million) and total liabilities ($1.31 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 | $11.84 Million |
| % of Total Assets | 90.06% |
| Annual Growth Rate | -3.11% |
| 5-Year Change | 6632.39% |
| 10-Year Change | 2023.31% |
| Growth Volatility | 496.05 |
Rackla Metals Inc - Net Assets Trend (2011–2024)
This chart illustrates how Rackla Metals 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 Rackla Metals Inc (2011–2024)
The table below shows the annual net assets of Rackla Metals Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.03 Million | +81.06% |
| 2023-12-31 | $2.22 Million | -34.75% |
| 2022-12-31 | $3.41 Million | +232.65% |
| 2021-12-31 | $1.02 Million | +1613.20% |
| 2020-12-31 | $59.82K | +126.24% |
| 2019-12-31 | $-228.00K | -7880.26% |
| 2018-12-31 | $-2.86K | -102.02% |
| 2017-12-31 | $141.24K | +589.09% |
| 2016-12-31 | $-28.88K | -115.23% |
| 2015-12-31 | $189.66K | +78.09% |
| 2014-12-31 | $106.49K | -91.01% |
| 2013-12-31 | $1.18 Million | -78.69% |
| 2012-12-31 | $5.56 Million | -8.53% |
| 2011-12-31 | $6.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rackla Metals 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 1808059000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.16 Million | 525.37% |
| Other Comprehensive Income | $982.19K | 24.39% |
| Total Equity | $4.03 Million | 100.00% |
Rackla Metals Inc Competitors by Market Cap
The table below lists competitors of Rackla Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ML SYSTEM SA ZY1
F:6UX
|
$13.04 Million |
|
V-CUBE INC.
F:VCU
|
$13.04 Million |
|
COMMERCIAL SYN BAGS ORD (BSE)
NSE:COMSYN
|
$13.04 Million |
|
Nokian Panimo Oyj
HE:BEER
|
$13.04 Million |
|
Caesarstone Ltd
NASDAQ:CSTE
|
$13.03 Million |
|
Dancomech Holdings Bhd
KLSE:5276
|
$13.02 Million |
|
Feytech Holdings Berhad
KLSE:5322
|
$13.02 Million |
|
OT Logistics S.A
WAR:OTS
|
$13.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rackla Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,224,158 to 4,027,048, a change of 1,802,890 (81.1%).
- Net loss of 3,168,000 reduced equity.
- New share issuances of 5,856,184 increased equity.
- Other comprehensive income increased equity by 51,317.
- Other factors decreased equity by 936,611.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.17 Million | -78.67% |
| Share Issuances | $5.86 Million | +145.42% |
| Other Comprehensive Income | $51.32K | +1.27% |
| Other Changes | $-936.61K | -23.26% |
| Total Change | $- | 81.06% |
Book Value vs Market Value Analysis
This analysis compares Rackla Metals 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: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.18x to 2.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.71 | $0.13 | x |
| 2013-12-31 | $0.12 | $0.13 | x |
| 2014-12-31 | $0.01 | $0.13 | x |
| 2015-12-31 | $0.02 | $0.13 | x |
| 2016-12-31 | $0.00 | $0.13 | x |
| 2017-12-31 | $0.01 | $0.13 | x |
| 2018-12-31 | $0.00 | $0.13 | x |
| 2019-12-31 | $-0.01 | $0.13 | x |
| 2020-12-31 | $0.00 | $0.13 | x |
| 2021-12-31 | $0.03 | $0.13 | x |
| 2022-12-31 | $0.08 | $0.13 | x |
| 2023-12-31 | $0.04 | $0.13 | x |
| 2024-12-31 | $0.05 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rackla Metals 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): -78.67%
- 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: 1.12x
- Recent ROE (-78.67%) is above the historical average (-176.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -33.40% | 0.00% | 0.00x | 1.02x | $-2.41 Million |
| 2013 | -369.19% | 0.00% | 0.00x | 1.03x | $-4.49 Million |
| 2014 | -1015.08% | 0.00% | 0.00x | 1.96x | $-1.09 Million |
| 2015 | -85.33% | 0.00% | 0.00x | 1.22x | $-180.80K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-216.40K |
| 2017 | -57.08% | 0.00% | 0.00x | 2.59x | $-94.75K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-162.42K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-250.20K |
| 2020 | -368.53% | 0.00% | 0.00x | 1.80x | $-226.42K |
| 2021 | -21.65% | 0.00% | 0.00x | 1.29x | $-324.30K |
| 2022 | -49.24% | 0.00% | 0.00x | 1.37x | $-2.02 Million |
| 2023 | -218.02% | 0.00% | 0.00x | 1.22x | $-5.07 Million |
| 2024 | -78.67% | 0.00% | 0.00x | 1.12x | $-3.57 Million |
Industry Comparison
This section compares Rackla Metals Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rackla Metals Inc (RMETF) | $11.84 Million | -33.40% | 0.11x | $13.03 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |