Rio2 Ltd (RIO) - Net Assets

Latest as of December 2025: CA$122.85 Million CAD ≈ $88.87 Million USD

Based on the latest financial reports, Rio2 Ltd (RIO) has net assets worth CA$122.85 Million CAD (≈ $88.87 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$467.96 Million ≈ $338.51 Million USD) and total liabilities (CA$345.10 Million ≈ $249.64 Million USD). 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. Also explore Rio2 Ltd asset portfolio for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$122.85 Million
% of Total Assets 26.25%
Annual Growth Rate 33.72%
5-Year Change 39.03%
10-Year Change 9884.69%
Growth Volatility 877.19

Rio2 Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Rio2 Ltd's net assets have evolved over time, based on quarterly financial data. Check RIO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Rio2 Ltd (2001–2025)

The table below shows the annual net assets of Rio2 Ltd from 2001 to 2025. For live valuation and market cap data, see RIO stock market capitalisation.

Year Net Assets Change
2025-12-31 CA$122.85 Million
≈ $88.87 Million		 -1.81%
2024-12-31 CA$125.11 Million
≈ $90.51 Million		 +70.90%
2023-12-31 CA$73.21 Million
≈ $52.96 Million		 -10.53%
2022-12-31 CA$81.83 Million
≈ $59.19 Million		 -7.39%
2021-12-31 CA$88.36 Million
≈ $63.92 Million		 +31.66%
2020-12-31 CA$67.11 Million
≈ $48.55 Million		 -2.79%
2019-12-31 CA$69.04 Million
≈ $49.94 Million		 +36.77%
2018-12-31 CA$50.48 Million
≈ $36.52 Million		 +1091.47%
2017-12-31 CA$4.24 Million
≈ $3.06 Million		 +244.33%
2016-12-31 CA$1.23 Million
≈ $890.07K		 +285.01%
2015-12-31 CA$-665.07K
≈ $-481.10K		 +2.96%
2014-12-31 CA$-685.38K
≈ $-495.79K		 -12.00%
2013-12-31 CA$-611.94K
≈ $-442.67K		 -25.62%
2012-12-31 CA$-487.15K
≈ $-352.40K		 -81.46%
2011-12-31 CA$-268.46K
≈ $-194.20K		 +16.57%
2010-12-31 CA$-321.79K
≈ $-232.78K		 -38.80%
2009-12-31 CA$-231.83K
≈ $-167.70K		 -157.05%
2008-12-31 CA$406.37K
≈ $293.96K		 -64.83%
2007-12-31 CA$1.16 Million
≈ $835.87K		 +3528.86%
2006-12-31 CA$31.84K
≈ $23.03K		 +242.84%
2005-12-31 CA$-22.29K
≈ $-16.13K		 -106.33%
2004-12-31 CA$352.05K
≈ $254.66K		 +103.26%
2003-12-31 CA$173.20K
≈ $125.29K		 +114.53%
2002-12-31 CA$80.73K
≈ $58.40K		 -29.81%
2001-12-31 CA$115.02K
≈ $83.20K		 --

Equity Component Analysis

This analysis shows how different components contribute to Rio2 Ltd'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 7234270861.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock CA$203.59 Million 165.72%
Other Comprehensive Income CA$-3.77 Million -3.07%
Total Equity CA$122.85 Million 100.00%

Rio2 Ltd Competitors by Market Cap

The table below lists competitors of Rio2 Ltd ranked by their market capitalization.

Company Market Cap
Sopharma AD
WAR:SPH
 $1.10 Billion
Beijing Shunxin Agriculture Co Ltd
SHE:000860
 $1.10 Billion
Universal Insurance Holdings Inc
NYSE:UVE
 $1.10 Billion
Gielda Papierow Wartosciowych w Warszawie SA
WAR:GPW
 $1.10 Billion
Eerly Govt Ppty Inc
NYSE:DEA
 $1.10 Billion
Taiwan Hon Chuan Enterprise Co Ltd
TW:9939
 $1.10 Billion
Athens Water Supply and Sewerage Company S.A
AT:EYDAP
 $1.10 Billion
Phoenix Education Partners, Inc.
NYSE:PXED
 $1.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rio2 Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 125,114,000 to 122,854,016, a change of -2,259,984 (-1.8%).
  • Net loss of 13,880,810 reduced equity.
  • Share repurchases of 10,860,000 reduced equity.
  • New share issuances of 10,000,000 increased equity.
  • Other comprehensive income increased equity by 404,872.
  • Other factors increased equity by 12,075,954.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-13.88 Million -11.3%
Share Repurchases CA$10.86 Million -8.84%
Share Issuances CA$10.00 Million +8.14%
Other Comprehensive Income CA$404.87K +0.33%
Other Changes CA$12.08 Million +9.83%
Total Change CA$- -1.81%

Book Value vs Market Value Analysis

This analysis compares Rio2 Ltd'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: 10.07x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 5.06x to 10.07x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CA$0.57 CA$2.89 x
2002-12-31 CA$0.29 CA$2.89 x
2003-12-31 CA$0.62 CA$2.89 x
2004-12-31 CA$1.26 CA$2.89 x
2005-12-31 CA$-0.06 CA$2.89 x
2006-12-31 CA$0.07 CA$2.89 x
2007-12-31 CA$2.18 CA$2.89 x
2008-12-31 CA$0.56 CA$2.89 x
2009-12-31 CA$-0.27 CA$2.89 x
2010-12-31 CA$-0.38 CA$2.89 x
2011-12-31 CA$-0.30 CA$2.89 x
2012-12-31 CA$-0.40 CA$2.89 x
2013-12-31 CA$-0.51 CA$2.89 x
2014-12-31 CA$-0.57 CA$2.89 x
2015-12-31 CA$-0.55 CA$2.89 x
2016-12-31 CA$0.29 CA$2.89 x
2017-12-31 CA$0.11 CA$2.89 x
2018-12-31 CA$0.98 CA$2.89 x
2019-12-31 CA$0.49 CA$2.89 x
2020-12-31 CA$0.36 CA$2.89 x
2021-12-31 CA$0.40 CA$2.89 x
2022-12-31 CA$0.32 CA$2.89 x
2023-12-31 CA$0.28 CA$2.89 x
2024-12-31 CA$0.39 CA$2.89 x
2025-12-31 CA$0.29 CA$2.89 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rio2 Ltd 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): -11.30%
  • 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: 3.81x
  • Recent ROE (-11.30%) is above the historical average (-81.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -67.92% -18156.28% 0.00x 1.35x CA$-89.62K
2002 -414.27% -390039.55% 0.00x 2.05x CA$-342.53K
2003 -229.64% -5907.89% 0.03x 1.13x CA$-415.05K
2004 -158.44% -438261.41% 0.00x 1.17x CA$-592.98K
2005 0.00% 0.00% 0.00x 0.00x CA$-582.77K
2006 -552.75% 0.00% 0.00x 6.84x CA$-179.18K
2007 -46.30% 0.00% 0.00x 1.17x CA$-650.55K
2008 -383.39% 0.00% 0.00x 1.60x CA$-1.60 Million
2009 0.00% 0.00% 0.00x 0.00x CA$-642.82K
2010 0.00% 0.00% 0.00x 0.00x CA$-69.96K
2011 0.00% 0.00% 0.00x 0.00x CA$-56.41K
2012 0.00% 0.00% 0.00x 0.00x CA$-162.92K
2013 0.00% 0.00% 0.00x 0.00x CA$-95.59K
2014 0.00% 0.00% 0.00x 0.00x CA$-55.55K
2015 0.00% 0.00% 0.00x 0.00x CA$-60.77K
2016 36.14% 0.00% 0.00x 1.09x CA$321.65K
2017 -133.97% 0.00% 0.00x 1.07x CA$-6.10 Million
2018 -12.03% 0.00% 0.00x 1.04x CA$-11.12 Million
2019 -11.52% 0.00% 0.00x 1.04x CA$-14.86 Million
2020 -13.32% 0.00% 0.00x 1.09x CA$-15.65 Million
2021 -11.91% 0.00% 0.00x 1.08x CA$-19.36 Million
2022 -2.81% 0.00% 0.00x 1.41x CA$-10.49 Million
2023 -16.84% 0.00% 0.00x 1.48x CA$-19.65 Million
2024 -0.02% 0.00% 0.00x 1.39x CA$-12.53 Million
2025 -11.30% 0.00% 0.00x 3.81x CA$-26.17 Million

Industry Comparison

This section compares Rio2 Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $3,590,282,748
  • Average return on equity (ROE) among peers: -1536.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rio2 Ltd (RIO) CA$122.85 Million -67.92% 2.81x $1.10 Billion
Allied Gold Corporation (AAUC) $111.36 Million -6.66% 4.92x $3.16 Billion
Abcourt Mines Inc. (ABI) $9.01 Million -0.50% 0.05x $64.55 Million
Barrick Gold Corp (ABX) $32.31 Billion 6.26% 0.45x $65.75 Billion
American Eagle Gold Corp (AE) $35.20 Million -22.32% 0.04x $135.06 Million
Agnico Eagle Mines Limited (AEM) $3.41 Billion 9.12% 0.54x $78.89 Billion
Alamos Gold Inc (AGI) $4.13 Million -10.66% 0.46x $13.61 Billion
AIS Resources Ltd (AIS) $38.58K -14725.42% 39.28x $2.79 Million
Alliance Mining Corp (ALM) $-1.94 Million 0.00% 0.00x $1.96 Million
Altamira Gold Corp (ALTA) $550.74K -608.20% 1.02x $43.97 Million
Almaden Minerals Ltd (AMM) $27.26 Million -3.85% 0.03x $24.82 Million

About Rio2 Ltd

TO:RIO Canada Gold
Market Cap
$1.10 Billion
CA$1.52 Billion CAD
Market Cap Rank
#8591 Global
#262 in Canada
Share Price
CA$2.89
Change (1 day)
+8.65%
52-Week Range
CA$1.62 - CA$4.00
All Time High
CA$4.00
Categories
Companies in Canada Gold
About

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. The company explores for copper, gold, and silver deposits. Its principal project holds 100% interests in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company also holds 99.1% interest in the Condestable Mine located in Peru.… Read more