Remington Resources Inc
Remington Resources Inc., a natural resource company, engages in the acquisition and exploration of mineral properties in Canada. The company was formerly known as Goldera Resources Inc. and changed its name to Remington Resources Inc. in April 2006. Remington Resources Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.
Remington Resources Inc (RGM-H) - Net Assets
Latest net assets as of September 2025: CA$-1.04 Million CAD
Based on the latest financial reports, Remington Resources Inc (RGM-H) has net assets worth CA$-1.04 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.58K) and total liabilities (CA$1.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-1.04 Million |
| % of Total Assets | -65599.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Remington Resources Inc - Net Assets Trend (2017–2024)
This chart illustrates how Remington Resources 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 Remington Resources Inc (2017–2024)
The table below shows the annual net assets of Remington Resources Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-933.63K | -21.00% |
| 2023-12-31 | CA$-771.62K | -39.87% |
| 2022-12-31 | CA$-551.67K | -51.71% |
| 2021-12-31 | CA$-363.63K | +49.09% |
| 2020-12-31 | CA$-714.33K | -57.22% |
| 2019-12-31 | CA$-454.36K | -118.10% |
| 2018-12-31 | CA$-208.33K | +22.67% |
| 2017-12-31 | CA$-269.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Remington Resources 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 163224600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$3.85 Million | % |
| Total Equity | CA$-933.63K | 100.00% |
Remington Resources Inc Competitors by Market Cap
The table below lists competitors of Remington Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEWGOLD
XBOT:NEWG-ETF
|
$403.86K |
|
Kemiao Garment Holding Group
PINK:KMGH
|
$404.55K |
|
Ithaca Energy PLC
LSE:ITH
|
$404.89K |
|
EXELON (PEO.SG)
STU:PEO
|
$405.05K |
|
FASTENAL
MU:FAS
|
$403.55K |
|
HMS BERGBAU - Dusseldorf Stock Exchang
DU:HMU
|
$403.25K |
|
Aega ASA
OL:AEGA
|
$402.90K |
|
RSL Electronics Ltd
TA:RSEL
|
$402.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Remington Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -771,621 to -933,635, a change of -162,014.
- Net loss of 162,014 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-162.01K | -17.35% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Remington Resources Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.25 | CA$0.08 | x |
| 2018-12-31 | CA$-0.06 | CA$0.08 | x |
| 2019-12-31 | CA$-0.13 | CA$0.08 | x |
| 2020-12-31 | CA$-0.20 | CA$0.08 | x |
| 2021-12-31 | CA$-0.05 | CA$0.08 | x |
| 2022-12-31 | CA$-0.08 | CA$0.08 | x |
| 2023-12-31 | CA$-0.11 | CA$0.08 | x |
| 2024-12-31 | CA$-0.13 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Remington Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-983.77K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-369.11K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-217.59K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-188.54K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-112.94K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-132.87K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-142.79K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-68.65K |
Industry Comparison
This section compares Remington Resources 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: $30,833,953
- Average return on equity (ROE) among peers: -67.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Remington Resources Inc (RGM-H) | CA$-1.04 Million | 0.00% | N/A | $403.79K |
| Asbestos Corporation Limited (AB-H) | $-20.02 Million | 0.00% | 0.00x | $467.16K |
| Asiabasemetals Inc (ABZ) | $-394.71K | 0.00% | 0.00x | $1.49 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $456.79 Million |
| African Metals Corporation (AFR) | $942.26K | -69.83% | 0.14x | $409.36K |
| Bullet Exploration Inc (AMMO) | $2.16 Million | -41.07% | 24.74x | $3.15 Million |
| AM Resources Corp (AMR) | $596.66K | -503.92% | 1.17x | $2.45 Million |
| Andina Copper Corporation (ANDC) | $6.58 Million | -35.34% | 0.01x | $101.97 Million |
| Auriginal Mining Corp. (AUME) | $8.45 Million | -20.72% | 0.21x | $6.12 Million |
| Aurora Royalties Inc (AUR-H) | $350.13K | -16.93% | 0.05x | $266.34K |
| Balto Resources Ltd (BAL-H) | $-1.07 Million | 0.00% | 0.00x | $375.18K |