RTG Mining Inc (RTG) - Net Assets
Based on the latest financial reports, RTG Mining Inc (RTG) has net assets worth CA$12.02 Million CAD (≈ $8.69 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$14.19 Million ≈ $10.26 Million USD) and total liabilities (CA$2.17 Million ≈ $1.57 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. Check financial resilience of RTG Mining Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$12.02 Million |
| % of Total Assets | 84.7% |
| Annual Growth Rate | -7.64% |
| 5-Year Change | -64.11% |
| 10-Year Change | -97.51% |
| Growth Volatility | 209.83 |
RTG Mining Inc - Net Assets Trend (2010–2024)
This chart illustrates how RTG Mining Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of RTG Mining Inc for the complete picture of this company's asset base.
Annual Net Assets for RTG Mining Inc (2010–2024)
The table below shows the annual net assets of RTG Mining Inc from 2010 to 2024. For live valuation and market cap data, see RTG Mining Inc (RTG) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.32 Million ≈ $1.68 Million |
-68.22% |
| 2023-12-31 | CA$7.30 Million ≈ $5.28 Million |
+123.38% |
| 2022-12-31 | CA$3.27 Million ≈ $2.36 Million |
-64.46% |
| 2021-12-31 | CA$9.20 Million ≈ $6.65 Million |
+42.29% |
| 2020-12-31 | CA$6.46 Million ≈ $4.68 Million |
+14.37% |
| 2019-12-31 | CA$5.65 Million ≈ $4.09 Million |
-70.03% |
| 2018-12-31 | CA$18.86 Million ≈ $13.64 Million |
+21.79% |
| 2017-12-31 | CA$15.48 Million ≈ $11.20 Million |
-41.64% |
| 2016-12-31 | CA$26.53 Million ≈ $19.19 Million |
-71.49% |
| 2015-12-31 | CA$93.06 Million ≈ $67.32 Million |
+1.99% |
| 2014-12-31 | CA$91.25 Million ≈ $66.01 Million |
+525.41% |
| 2013-12-31 | CA$14.59 Million ≈ $10.55 Million |
-5.70% |
| 2012-12-31 | CA$15.47 Million ≈ $11.19 Million |
+600.31% |
| 2011-12-31 | CA$2.21 Million ≈ $1.60 Million |
-68.69% |
| 2010-12-31 | CA$7.06 Million ≈ $5.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to RTG Mining 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 19571926000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$191.95 Million | 4945.81% |
| Other Comprehensive Income | CA$12.01 Million | 309.57% |
| Total Equity | CA$3.88 Million | 100.00% |
RTG Mining Inc Competitors by Market Cap
The table below lists competitors of RTG Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heidmar Maritime Holdings Corp. Common Stock
NYSE:HMR
|
$62.24 Million |
|
Kerjaya Prospek Property Bhd
KLSE:7077
|
$62.25 Million |
|
5E Advanced Materials Inc
NASDAQ:FEAM
|
$62.27 Million |
|
PharmGen Science Inc
KO:004720
|
$62.30 Million |
|
NVH Korea Inc
KQ:067570
|
$62.23 Million |
|
Kodiak Copper Corp
V:KDK
|
$62.20 Million |
|
Bekasi Fajar Industrial Estate
JK:BEST
|
$62.18 Million |
|
Castellum Inc.
NYSE MKT:CTM
|
$62.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RTG Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,800,990 to 3,881,006, a change of -4,919,984 (-55.9%).
- Net loss of 5,152,000 reduced equity.
- Other comprehensive income increased equity by 269,137.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.15 Million | -132.75% |
| Other Comprehensive Income | CA$269.14K | +6.93% |
| Other Changes | CA$-37.12K | -0.96% |
| Total Change | CA$- | -55.90% |
Book Value vs Market Value Analysis
This analysis compares RTG Mining 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: 13.09x
- 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 0.05x to 13.09x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | CA$0.95 | CA$0.05 | x |
| 2011-12-31 | CA$0.15 | CA$0.05 | x |
| 2012-12-31 | CA$0.47 | CA$0.05 | x |
| 2013-12-31 | CA$0.45 | CA$0.05 | x |
| 2014-12-31 | CA$1.16 | CA$0.05 | x |
| 2015-12-31 | CA$0.71 | CA$0.05 | x |
| 2016-12-31 | CA$0.18 | CA$0.05 | x |
| 2017-12-31 | CA$0.09 | CA$0.05 | x |
| 2018-12-31 | CA$0.05 | CA$0.05 | x |
| 2019-12-31 | CA$0.01 | CA$0.05 | x |
| 2020-12-31 | CA$0.01 | CA$0.05 | x |
| 2021-12-31 | CA$0.02 | CA$0.05 | x |
| 2022-12-31 | CA$0.01 | CA$0.05 | x |
| 2023-12-31 | CA$0.01 | CA$0.05 | x |
| 2024-12-31 | CA$0.00 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RTG Mining Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -132.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23460.84%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.02x
- Recent ROE (-132.75%) is below the historical average (-116.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -61.80% | -65638.17% | 0.00x | 1.05x | CA$-5.07 Million |
| 2011 | -219.41% | -119003.19% | 0.00x | 1.14x | CA$-5.07 Million |
| 2012 | -53.80% | -78868.57% | 0.00x | 1.05x | CA$-9.87 Million |
| 2013 | -42.45% | -12590.45% | 0.00x | 1.01x | CA$-7.65 Million |
| 2014 | -8.15% | -3835567.01% | 0.00x | 1.01x | CA$-16.57 Million |
| 2015 | -9.93% | -227593.00% | 0.00x | 1.00x | CA$-18.54 Million |
| 2016 | -319.67% | -32015.20% | 0.01x | 1.02x | CA$-87.48 Million |
| 2017 | -73.38% | -11006.70% | 0.01x | 1.15x | CA$-12.91 Million |
| 2018 | -139.49% | -12258.93% | 0.01x | 1.00x | CA$-28.99 Million |
| 2019 | -338.51% | -44079.59% | 0.01x | 1.46x | CA$-22.65 Million |
| 2020 | -99.49% | -721686.67% | 0.00x | 1.15x | CA$-8.34 Million |
| 2021 | -66.50% | -18651.26% | 0.00x | 1.22x | CA$-8.09 Million |
| 2022 | -130.54% | -1806342.86% | 0.00x | 1.16x | CA$-6.81 Million |
| 2023 | -49.70% | -23118.39% | 0.00x | 1.04x | CA$-5.25 Million |
| 2024 | -132.75% | -23460.84% | 0.01x | 1.02x | CA$-5.54 Million |
Industry Comparison
This section compares RTG Mining Inc'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: $14,613,271
- Average return on equity (ROE) among peers: -28.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RTG Mining Inc (RTG) | CA$12.02 Million | -61.80% | 0.18x | $62.23 Million |
| Aftermath Silver Ltd (AAG) | $1.38 Million | -190.49% | 0.19x | $185.75 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $-637.51K | 0.00% | 0.00x | $4.67 Million |
| Adex Mining Inc (ADE) | $-2.16 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $71.72 Million | -9.02% | 0.02x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $29.17 Million | -31.05% | 4.18x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $1.00 | 0.00% | 0.00x | $332.39 Million |
About RTG Mining Inc
RTG Mining Inc. engages in the exploration and development of mineral properties. The company explores for copper and gold deposits. Its principal property is the Mabilo project located in the Philippines. The company was incorporated in 2012 and is headquartered in Subiaco, Australia.