Rival Technologies Inc
Rival Technologies, Inc. is engaged in the development and sale of ground breaking process for upgrading bitumen and heavy oil to synthetic crude oil in the United States. Its primary upgrading process TRU takes heavy oil or bitumen at the field level and produces a pipeline grade synthetic crude oil to the oil producers. The company was formerly known as North American Fire Guardian Technologies… Read more
Rival Technologies Inc (RVTI) - Net Assets
Latest net assets as of March 2023: $-105.57K USD
Based on the latest financial reports, Rival Technologies Inc (RVTI) has net assets worth $-105.57K USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($121.17K) and total liabilities ($226.74K). 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 | $-105.57K |
| % of Total Assets | -87.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 606.44 |
Rival Technologies Inc - Net Assets Trend (2001–2022)
This chart illustrates how Rival Technologies 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 Rival Technologies Inc (2001–2022)
The table below shows the annual net assets of Rival Technologies Inc from 2001 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-97.17K | +90.21% |
| 2021-12-31 | $-992.97K | +9.47% |
| 2020-12-31 | $-1.10 Million | -1.02% |
| 2019-12-31 | $-1.09 Million | -1.20% |
| 2018-12-31 | $-1.07 Million | -1.21% |
| 2017-12-31 | $-1.06 Million | -0.87% |
| 2016-12-31 | $-1.05 Million | +0.60% |
| 2015-12-31 | $-1.06 Million | -0.37% |
| 2014-12-31 | $-1.05 Million | -23.80% |
| 2009-12-31 | $-850.82K | -40.92% |
| 2008-12-31 | $-603.77K | -140.26% |
| 2007-12-31 | $-251.30K | -190.41% |
| 2006-12-31 | $277.95K | -50.81% |
| 2005-12-31 | $565.01K | +469.16% |
| 2004-12-31 | $-153.05K | -2892.84% |
| 2003-12-31 | $-5.11K | +93.16% |
| 2002-12-31 | $-74.71K | -1401.37% |
| 2001-12-31 | $5.74K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rival Technologies 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 848810873.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.01 Million | % |
| Other Comprehensive Income | $762.40K | % |
| Other Components | $1.04 Million | % |
| Total Equity | $-97.17K | 100.00% |
Rival Technologies Inc Competitors by Market Cap
The table below lists competitors of Rival Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AYWWF
PINK:AYWWF
|
$155.52 |
|
ACCESS HOLDINGS PLC
XNSA:ACCESSCORP
|
$155.55 |
|
Asia Capital PLC
CM:ACAPN0000
|
$155.74 |
|
Crescent Star Insurance Ltd
KAR:CSIL
|
$155.86 |
|
Gifa Inc
PINK:GIFX
|
$155.50 |
|
BRI AGRO
BE:0R8
|
$155.44 |
|
CORAZON GOLD
BE:2CG
|
$155.29 |
|
Beco Steel Ltd
KAR:BECO
|
$155.27 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rival Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -992,970 to -97,166, a change of 895,804.
- Net loss of 97,668 reduced equity.
- Other comprehensive income increased equity by 762,400.
- Other factors increased equity by 231,072.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-97.67K | -100.52% |
| Other Comprehensive Income | $762.40K | +784.64% |
| Other Changes | $231.07K | +237.81% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Rival Technologies 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 | $0.03 | $0.02 | x |
| 2002-12-31 | $-0.13 | $0.02 | x |
| 2003-12-31 | $0.00 | $0.02 | x |
| 2004-12-31 | $-0.04 | $0.02 | x |
| 2005-12-31 | $0.13 | $0.02 | x |
| 2006-12-31 | $0.08 | $0.02 | x |
| 2007-12-31 | $-0.05 | $0.02 | x |
| 2008-12-31 | $-0.13 | $0.02 | x |
| 2009-12-31 | $-0.18 | $0.02 | x |
| 2015-12-31 | $-0.09 | $0.02 | x |
| 2016-12-31 | $-0.05 | $0.02 | x |
| 2017-12-31 | $-0.02 | $0.02 | x |
| 2018-12-31 | $-0.02 | $0.02 | x |
| 2019-12-31 | $-0.02 | $0.02 | x |
| 2020-12-31 | $-0.02 | $0.02 | x |
| 2021-12-31 | $-0.02 | $0.02 | x |
| 2022-12-31 | $0.00 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rival Technologies 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-62.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -818.23% | -32.53% | 2.68x | 9.37x | $-47.55K |
| 2002 | 0.00% | -239.63% | 14.86x | 0.00x | $-113.53K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.72 Million |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-375.69K |
| 2005 | -163.66% | 0.00% | 0.00x | 1.15x | $-998.50K |
| 2006 | -134.60% | 0.00% | 0.00x | 1.06x | $-501.15K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-765.87K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-300.62K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-150.71K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $99.09K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $86.39K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $92.18K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $96.83K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $94.43K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $95.68K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $98.61K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-46.70K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-87.95K |
Industry Comparison
This section compares Rival Technologies 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 |
|---|---|---|---|---|
| Rival Technologies Inc (RVTI) | $-105.57K | -818.23% | N/A | $155.51 |
| 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 |