ROYIF
Royalties Inc., a diversified royalties company, focuses on resource and entertainment royalties. The company holds a portfolio of 30 cash-flowing music royalties. It also holds 100% interest on the Bilbao project silver-lead-zinc-copper project located in the southeastern part of the State of Zacatecas, Mexico. The company was formerly known as Xtierra Inc. and changed its name to Royalties Inc.… Read more
ROYIF (ROYIF) - Net Assets
Latest net assets as of September 2025: $-128.62K USD
Based on the latest financial reports, ROYIF (ROYIF) has net assets worth $-128.62K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.77 Million) and total liabilities ($2.90 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 | $-128.62K |
| % of Total Assets | -4.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ROYIF - Net Assets Trend (2019–2024)
This chart illustrates how ROYIF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ROYIF (2019–2024)
The table below shows the annual net assets of ROYIF from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-1.78 Million | -20.85% |
| 2023-09-30 | $-1.47 Million | +22.77% |
| 2022-09-30 | $-1.91 Million | +27.48% |
| 2021-09-30 | $-2.63 Million | +5.20% |
| 2020-09-30 | $-2.77 Million | +1.09% |
| 2019-09-30 | $-2.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ROYIF'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 297385800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $40.22 Million | % |
| Total Equity | $-1.81 Million | 100.00% |
ROYIF Competitors by Market Cap
The table below lists competitors of ROYIF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kyobo 15 Special Purpose Acquisition Company
KQ:465320
|
$5.35 Million |
|
Dev Information Technology Limited
NSE:DEVIT
|
$5.35 Million |
|
Nidaros Sparebank
OL:NISB
|
$5.35 Million |
|
United Lithium Corp
OTCQX:ULTHF
|
$5.36 Million |
|
Energy World Corporation Ltd
PINK:EWCLF
|
$5.35 Million |
|
Tantalex Resources Corporation
OTCQB:TTLXF
|
$5.35 Million |
|
KTI
KLSE:0308
|
$5.35 Million |
|
Bossdom Digiinnovation Co., Ltd.
TWO:6622
|
$5.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ROYIF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,499,902 to -1,806,800, a change of -306,898.
- Net loss of 392,292 reduced equity.
- New share issuances of 105,000 increased equity.
- Other factors decreased equity by 19,606.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-392.29K | -21.71% |
| Share Issuances | $105.00K | +5.81% |
| Other Changes | $-19.61K | -1.09% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ROYIF'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 |
|---|---|---|---|
| 2019-09-30 | $-0.02 | $0.03 | x |
| 2020-09-30 | $-0.02 | $0.03 | x |
| 2021-09-30 | $-0.02 | $0.03 | x |
| 2022-09-30 | $-0.01 | $0.03 | x |
| 2023-09-30 | $-0.01 | $0.03 | x |
| 2024-09-30 | $-0.01 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ROYIF 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1051.69%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $111.02K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-438.43K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-577.01K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $77.40K |
| 2023 | 0.00% | -793.29% | 0.03x | 0.00x | $-201.05K |
| 2024 | 0.00% | -1051.69% | 0.03x | 0.00x | $-211.61K |
Industry Comparison
This section compares ROYIF'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 |
|---|---|---|---|---|
| ROYIF (ROYIF) | $-128.62K | 0.00% | N/A | $5.35 Million |
| 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 |