Red Pine Exploration Inc (RPX) - Net Assets
Based on the latest financial reports, Red Pine Exploration Inc (RPX) has net assets worth CA$6.36 Million CAD (≈ $4.60 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.91 Million ≈ $5.72 Million USD) and total liabilities (CA$1.55 Million ≈ $1.12 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 RPX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.36 Million |
| % of Total Assets | 80.45% |
| Annual Growth Rate | -1.96% |
| 5-Year Change | 135.85% |
| 10-Year Change | 86.03% |
| Growth Volatility | 92.84 |
Red Pine Exploration Inc - Net Assets Trend (1997–2023)
This chart illustrates how Red Pine Exploration Inc's net assets have evolved over time, based on quarterly financial data. See RPX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Red Pine Exploration Inc (1997–2023)
The table below shows the annual net assets of Red Pine Exploration Inc from 1997 to 2023. For live valuation and market cap data, see RPX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-07-31 | CA$3.10 Million ≈ $2.24 Million |
+13.31% |
| 2022-07-31 | CA$2.74 Million ≈ $1.98 Million |
+9.70% |
| 2021-07-31 | CA$2.50 Million ≈ $1.81 Million |
+231.04% |
| 2020-07-31 | CA$754.06K ≈ $545.47K |
-42.68% |
| 2019-07-31 | CA$1.32 Million ≈ $951.70K |
-48.27% |
| 2018-07-31 | CA$2.54 Million ≈ $1.84 Million |
-30.61% |
| 2017-07-31 | CA$3.66 Million ≈ $2.65 Million |
+282.57% |
| 2016-07-31 | CA$957.97K ≈ $692.98K |
+317.11% |
| 2015-07-31 | CA$-441.24K ≈ $-319.19K |
-126.45% |
| 2014-07-31 | CA$1.67 Million ≈ $1.21 Million |
+324.59% |
| 2013-07-31 | CA$-742.66K ≈ $-537.23K |
+2.08% |
| 2012-07-31 | CA$-758.40K ≈ $-548.61K |
-111.95% |
| 2011-07-31 | CA$6.35 Million ≈ $4.59 Million |
-5.65% |
| 2010-07-31 | CA$6.73 Million ≈ $4.87 Million |
+44.89% |
| 2009-07-31 | CA$4.64 Million ≈ $3.36 Million |
-14.86% |
| 2008-07-31 | CA$5.46 Million ≈ $3.95 Million |
+43.24% |
| 2007-07-31 | CA$3.81 Million ≈ $2.75 Million |
+0.53% |
| 2006-07-31 | CA$3.79 Million ≈ $2.74 Million |
+141.63% |
| 2005-07-31 | CA$1.57 Million ≈ $1.13 Million |
+82.98% |
| 2004-07-31 | CA$856.84K ≈ $619.82K |
-47.13% |
| 2003-07-31 | CA$1.62 Million ≈ $1.17 Million |
-12.23% |
| 2002-07-31 | CA$1.85 Million ≈ $1.34 Million |
-16.36% |
| 2001-07-31 | CA$2.21 Million ≈ $1.60 Million |
-12.07% |
| 2000-07-31 | CA$2.51 Million ≈ $1.82 Million |
-37.76% |
| 1999-07-31 | CA$4.03 Million ≈ $2.92 Million |
-16.02% |
| 1998-07-31 | CA$4.80 Million ≈ $3.47 Million |
-7.49% |
| 1997-07-31 | CA$5.19 Million ≈ $3.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Red Pine Exploration 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 10452610900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$99.05 Million | 3192.24% |
| Other Comprehensive Income | CA$1.76 Million | 56.72% |
| Other Components | CA$9.54 Million | 307.52% |
| Total Equity | CA$3.10 Million | 100.00% |
Red Pine Exploration Inc Competitors by Market Cap
The table below lists competitors of Red Pine Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tinka Resources Limited
V:TK
|
$46.41 Million |
|
China Steel Corp Pref
TW:2002A
|
$46.42 Million |
|
Grupo Pochteca S.A.B. de C.V
MX:POCHTECB
|
$46.42 Million |
|
Bonia Corporation Bhd
KLSE:9288
|
$46.43 Million |
|
Magnitude International Ltd Ordinary Shares
NASDAQ:MAGH
|
$46.36 Million |
|
Jourdeness Group Ltd
TW:4190
|
$46.35 Million |
|
Do Day Dream Public Company Limited
BK:DDD
|
$46.35 Million |
|
Shree Rama Newsprint Limited
NSE:RAMANEWS
|
$46.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Pine Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,738,334 to 3,102,867, a change of 364,533 (13.3%).
- Net loss of 10,773,852 reduced equity.
- New share issuances of 13,263,159 increased equity.
- Other comprehensive income increased equity by 275,217.
- Other factors decreased equity by 2,399,991.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-10.77 Million | -347.22% |
| Share Issuances | CA$13.26 Million | +427.45% |
| Other Comprehensive Income | CA$275.22K | +8.87% |
| Other Changes | CA$-2.40 Million | -77.35% |
| Total Change | CA$- | 13.31% |
Book Value vs Market Value Analysis
This analysis compares Red Pine Exploration 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: 7.83x
- 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 0.01x to 7.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-07-31 | CA$23.95 | CA$0.17 | x |
| 1998-07-31 | CA$20.70 | CA$0.17 | x |
| 1999-07-31 | CA$14.59 | CA$0.17 | x |
| 2000-07-31 | CA$8.97 | CA$0.17 | x |
| 2001-07-31 | CA$7.89 | CA$0.17 | x |
| 2002-07-31 | CA$6.60 | CA$0.17 | x |
| 2003-07-31 | CA$5.76 | CA$0.17 | x |
| 2004-07-31 | CA$2.89 | CA$0.17 | x |
| 2005-07-31 | CA$3.80 | CA$0.17 | x |
| 2006-07-31 | CA$5.19 | CA$0.17 | x |
| 2007-07-31 | CA$3.20 | CA$0.17 | x |
| 2008-07-31 | CA$3.48 | CA$0.17 | x |
| 2009-07-31 | CA$2.31 | CA$0.17 | x |
| 2010-07-31 | CA$2.75 | CA$0.17 | x |
| 2011-07-31 | CA$2.10 | CA$0.17 | x |
| 2012-07-31 | CA$-0.24 | CA$0.17 | x |
| 2013-07-31 | CA$-0.23 | CA$0.17 | x |
| 2014-07-31 | CA$0.43 | CA$0.17 | x |
| 2015-07-31 | CA$-0.09 | CA$0.17 | x |
| 2016-07-31 | CA$0.13 | CA$0.17 | x |
| 2017-07-31 | CA$0.20 | CA$0.17 | x |
| 2018-07-31 | CA$0.09 | CA$0.17 | x |
| 2019-07-31 | CA$0.04 | CA$0.17 | x |
| 2020-07-31 | CA$0.02 | CA$0.17 | x |
| 2021-07-31 | CA$0.04 | CA$0.17 | x |
| 2022-07-31 | CA$0.02 | CA$0.17 | x |
| 2023-07-31 | CA$0.02 | CA$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Pine Exploration Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -347.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.35x
- Recent ROE (-347.22%) is below the historical average (-142.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 7.06% | 36678300.00% | 0.00x | 1.11x | CA$-152.38K |
| 1998 | -16.72% | -230.59% | 0.06x | 1.17x | CA$-1.28 Million |
| 1999 | -33.92% | -387.67% | 0.08x | 1.10x | CA$-1.77 Million |
| 2000 | -61.94% | -574.87% | 0.10x | 1.12x | CA$-1.81 Million |
| 2001 | -13.72% | -87.43% | 0.15x | 1.02x | CA$-523.69K |
| 2002 | -19.57% | -192.49% | 0.10x | 1.01x | CA$-545.89K |
| 2003 | -14.85% | -486.34% | 0.03x | 1.01x | CA$-402.79K |
| 2004 | -114.71% | -3768.39% | 0.03x | 1.09x | CA$-1.07 Million |
| 2005 | -21.73% | -1789.63% | 0.01x | 1.06x | CA$-497.41K |
| 2006 | -6.17% | -941.57% | 0.01x | 1.11x | CA$-612.68K |
| 2007 | -1.87% | -1906.68% | 0.00x | 1.09x | CA$-452.23K |
| 2008 | -5.17% | 0.00% | 0.00x | 1.03x | CA$-827.73K |
| 2009 | -33.80% | -777191.58% | 0.00x | 1.09x | CA$-2.03 Million |
| 2010 | -8.22% | -32305.55% | 0.00x | 1.12x | CA$-1.23 Million |
| 2011 | -56.27% | -244505.68% | 0.00x | 1.11x | CA$-4.21 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-237.48K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$80.40K |
| 2014 | -136.29% | 0.00% | 0.00x | 1.26x | CA$-2.44 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.66 Million |
| 2016 | -155.92% | -1961.97% | 0.04x | 2.12x | CA$-1.59 Million |
| 2017 | -698.58% | 0.00% | 0.00x | 1.32x | CA$-25.97 Million |
| 2018 | -150.77% | 0.00% | 0.00x | 1.26x | CA$-4.09 Million |
| 2019 | -378.53% | 0.00% | 0.00x | 1.37x | CA$-5.11 Million |
| 2020 | -523.27% | 0.00% | 0.00x | 2.00x | CA$-4.02 Million |
| 2021 | -659.94% | 0.00% | 0.00x | 1.71x | CA$-16.72 Million |
| 2022 | -405.24% | 0.00% | 0.00x | 1.61x | CA$-11.37 Million |
| 2023 | -347.22% | 0.00% | 0.00x | 1.35x | CA$-11.08 Million |
Industry Comparison
This section compares Red Pine Exploration Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Pine Exploration Inc (RPX) | CA$6.36 Million | 7.06% | 0.24x | $46.36 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Red Pine Exploration Inc
RPX Gold Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Wawa gold project that comprises 307 mining claims, 17 leases, and 106 patents covering 7,123 hectares located in the McMurray Township on the east of the town of Wawa in northern Ontario. The company was formerly kn… Read more