RM2 International Inc.
RM2 International Inc provides scalable pallet pooling solutions in the United States, Europe and internationally. It offers composite pallet engineered to support automation and meet the standards of high-volume supply chains. The company also provides logistical services; RM2 ELIoT IoT technology for pallet traceability, supply chain visibility, and real-time actionable insights; and smart pall… Read more
RM2 International Inc. (RMTO) - Net Assets
Latest net assets as of June 2019: $8.49 Million USD
Based on the latest financial reports, RM2 International Inc. (RMTO) has net assets worth $8.49 Million USD as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($72.82 Million) and total liabilities ($64.32 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 | $8.49 Million |
| % of Total Assets | 11.67% |
| Annual Growth Rate | 11.42% |
| 5-Year Change | -91.08% |
| 10-Year Change | -67.65% |
| Growth Volatility | 460.97 |
RM2 International Inc. - Net Assets Trend (1997–2020)
This chart illustrates how RM2 International 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 RM2 International Inc. (1997–2020)
The table below shows the annual net assets of RM2 International Inc. from 1997 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-06-30 | $3.97 Million | -53.23% |
| 2019-06-30 | $8.49 Million | -73.59% |
| 2018-06-30 | $32.16 Million | -7.22% |
| 2017-06-30 | $34.67 Million | -22.17% |
| 2016-06-30 | $44.54 Million | -4.70% |
| 2015-06-30 | $46.74 Million | +49.14% |
| 2014-06-30 | $31.34 Million | +21.87% |
| 2013-06-30 | $25.72 Million | +136.74% |
| 2012-06-30 | $10.86 Million | -11.55% |
| 2011-06-30 | $12.28 Million | +0.26% |
| 2010-06-30 | $12.25 Million | -8.17% |
| 2009-06-30 | $13.34 Million | -11.88% |
| 2008-06-30 | $15.14 Million | -4.88% |
| 2007-06-30 | $15.91 Million | -5.32% |
| 2006-06-30 | $16.81 Million | +7.60% |
| 2005-06-30 | $15.62 Million | +2.93% |
| 2004-06-30 | $15.18 Million | +3.08% |
| 2003-06-30 | $14.72 Million | -3.97% |
| 2002-06-30 | $15.33 Million | -12.75% |
| 2001-06-30 | $17.57 Million | +2255.95% |
| 2000-06-30 | $745.94K | +110.35% |
| 1999-06-30 | $354.62K | -26.11% |
| 1998-06-30 | $479.96K | +45.24% |
| 1997-06-30 | $330.46K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RM2 International 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 3783232300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.00K | 0.30% |
| Other Comprehensive Income | $-70.00K | -1.76% |
| Other Components | $42.37 Million | 1066.55% |
| Total Equity | $3.97 Million | 100.00% |
RM2 International Inc. Competitors by Market Cap
The table below lists competitors of RM2 International Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Niagara Mohawk Power Corp
NYSE:NMKBP
|
$616.16K |
|
Crest Resources Inc
PINK:CRSTF
|
$616.30K |
|
Aibotics Inc.
PINK:AIBT
|
$616.86K |
|
Astron Connect Inc
V:AST
|
$617.16K |
|
EPLUS (MLE.SG)
STU:MLE
|
$614.99K |
|
Sarama Resources Ltd
PINK:SRMMF
|
$614.91K |
|
BT Brands Inc. Warrant
NASDAQ:BTBDW
|
$614.32K |
|
Engineer Gold Mines Ltd
PINK:EGMLF
|
$614.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RM2 International Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 8,494,000 to 3,973,000, a change of -4,521,000 (-53.2%).
- Net loss of 5,090,000 reduced equity.
- Other comprehensive income decreased equity by 57,000.
- Other factors increased equity by 626,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.09 Million | -128.11% |
| Other Comprehensive Income | $-57.00K | -1.43% |
| Other Changes | $626.00K | +15.76% |
| Total Change | $- | -53.23% |
Book Value vs Market Value Analysis
This analysis compares RM2 International 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: 0.35x
- 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 |
|---|---|---|---|
| 1997-06-30 | $0.18 | $0.06 | x |
| 1998-06-30 | $0.25 | $0.06 | x |
| 1999-06-30 | $0.18 | $0.06 | x |
| 2000-06-30 | $0.36 | $0.06 | x |
| 2001-06-30 | $5.44 | $0.06 | x |
| 2002-06-30 | $4.00 | $0.06 | x |
| 2003-06-30 | $3.72 | $0.06 | x |
| 2004-06-30 | $4.13 | $0.06 | x |
| 2005-06-30 | $3.52 | $0.06 | x |
| 2006-06-30 | $3.76 | $0.06 | x |
| 2007-06-30 | $4.00 | $0.06 | x |
| 2008-06-30 | $3.80 | $0.06 | x |
| 2009-06-30 | $3.35 | $0.06 | x |
| 2010-06-30 | $3.08 | $0.06 | x |
| 2011-06-30 | $3.08 | $0.06 | x |
| 2012-06-30 | $2.73 | $0.06 | x |
| 2013-06-30 | $1.78 | $0.06 | x |
| 2014-06-30 | $2.07 | $0.06 | x |
| 2015-06-30 | $2.93 | $0.06 | x |
| 2016-06-30 | $2.38 | $0.06 | x |
| 2017-06-30 | $1.90 | $0.06 | x |
| 2018-06-30 | $1.61 | $0.06 | x |
| 2019-06-30 | $0.36 | $0.06 | x |
| 2020-06-30 | $0.17 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RM2 International 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): -128.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.49%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 13.66x
- Recent ROE (-128.11%) is below the historical average (-25.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -11.93% | -2.00% | 2.09x | 2.86x | $-72.48K |
| 1998 | 28.02% | 4.47% | 1.85x | 3.39x | $86.50K |
| 1999 | -69.01% | -8.36% | 1.98x | 4.18x | $-280.19K |
| 2000 | -76.73% | -12.53% | 3.03x | 2.02x | $-646.98K |
| 2001 | -10.48% | -9.96% | 0.72x | 1.46x | $-3.60 Million |
| 2002 | -18.27% | -9.05% | 1.25x | 1.62x | $-4.33 Million |
| 2003 | 2.09% | 0.94% | 1.32x | 1.67x | $-1.17 Million |
| 2004 | -1.88% | -0.93% | 1.29x | 1.57x | $-1.80 Million |
| 2005 | 4.40% | 1.84% | 1.74x | 1.37x | $-874.20K |
| 2006 | 7.69% | 3.26% | 1.18x | 1.99x | $-389.00K |
| 2007 | -10.09% | -24.82% | 0.35x | 1.16x | $-3.20 Million |
| 2008 | -4.64% | -8.74% | 0.47x | 1.13x | $-2.22 Million |
| 2009 | -13.82% | -25.40% | 0.51x | 1.07x | $-3.18 Million |
| 2010 | -7.71% | -21.46% | 0.34x | 1.06x | $-2.17 Million |
| 2011 | -7.36% | -22.79% | 0.31x | 1.06x | $-2.13 Million |
| 2012 | -11.89% | -39.00% | 0.26x | 1.19x | $-2.38 Million |
| 2013 | 12.34% | 4.44% | 1.03x | 2.71x | $575.30K |
| 2014 | 14.88% | 5.45% | 0.61x | 4.49x | $1.48 Million |
| 2015 | 0.00% | 0.00% | 0.89x | 2.77x | $-4.56 Million |
| 2016 | -5.08% | -2.12% | 0.85x | 2.81x | $-6.54 Million |
| 2017 | -40.89% | -14.31% | 0.99x | 2.87x | $-17.64 Million |
| 2018 | -40.12% | -15.65% | 0.92x | 2.80x | $-16.12 Million |
| 2019 | -229.02% | -24.37% | 1.10x | 8.57x | $-20.30 Million |
| 2020 | -128.11% | -10.49% | 0.89x | 13.66x | $-5.49 Million |
Industry Comparison
This section compares RM2 International Inc.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $945,108,837
- Average return on equity (ROE) among peers: -0.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RM2 International Inc. (RMTO) | $8.49 Million | -11.93% | 7.57x | $615.12K |
| ADF Group Inc (ADFJF) | $91.43 Million | -1.70% | 0.17x | $70.84 Million |
| Aurubis AG (AIAGF) | $2.37 Billion | 14.83% | 0.84x | $2.34 Billion |
| American Metal & Technology Inc (AMGY) | $-2.25 Million | 0.00% | 0.00x | $0.95 |
| Ampco-Pittsburgh Corporation (AP) | $149.83 Million | -53.27% | 2.78x | $96.27 Million |
| Allegheny Technologies Incorporated (ATI) | $2.09 Billion | 1.52% | 1.08x | $19.84 Billion |
| NV Bekaert SA (BEKSF) | $2.17 Billion | 11.76% | 0.88x | $1.30 Billion |
| CompoSecure, Inc. (CMPO) | $-192.55 Million | 0.00% | 0.00x | $1.63 Billion |
| Carpenter Technology Corporation (CRS) | $239.10 Million | 15.18% | 2.05x | $18.51 Billion |
| Cymat Technologies Ltd (CYMHF) | $-612.07K | 0.00% | 0.00x | $6.74 Million |
| ESAB Corp (ESAB) | $2.54 Billion | 6.19% | 0.33x | $5.64 Billion |