Red Pine Exploration Inc Net Assets

Latest as of October 2025: CA$6.36 Million CAD ≈ $4.60 Million USD

Red Pine Exploration Inc 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. Also explore Red Pine Exploration Inc (RPX) net asset momentum to track the company's year-over-year net asset growth rate.

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

Net Assets of Red Pine Exploration Inc (1997–2023)

Net assets of Red Pine Exploration Inc from 1997 to 2023. This chart illustrates how Red Pine Exploration Inc's net assets have evolved over time, based on quarterly financial data. See Red Pine Exploration Inc (RPX) balance sheet quality index to measure how much of total assets are equity-financed.

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 market cap and overall valuation, 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	--

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.

Red Pine Exploration Inc Net Assets Breakdown (July 2023)

Red Pine Exploration Inc net assets breakdown by equity component as of 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
Libental TA:LBTL	$40.32 Million
Samsung Publis KO:068290	$40.32 Million
Vietnam National Seed Group JSC VN:NSC	$40.33 Million
Bengang Steel Plates Co Ltd SHE:200761	$40.34 Million
Tidehold Development Co Ltd TW:9902	$40.31 Million
Rodex Fasteners TWO:5015	$40.31 Million
Hoang Quan Consulting Trading Service Real Estate Corp VN:HQC	$40.31 Million
Burcelik Vana Sanayi ve Ticaret AS IS:BURVA	$40.30 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: 6.81x
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 6.81x 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$0.15	x
1998-07-31	CA$20.70	CA$0.15	x
1999-07-31	CA$14.59	CA$0.15	x
2000-07-31	CA$8.97	CA$0.15	x
2001-07-31	CA$7.89	CA$0.15	x
2002-07-31	CA$6.60	CA$0.15	x
2003-07-31	CA$5.76	CA$0.15	x
2004-07-31	CA$2.89	CA$0.15	x
2005-07-31	CA$3.80	CA$0.15	x
2006-07-31	CA$5.19	CA$0.15	x
2007-07-31	CA$3.20	CA$0.15	x
2008-07-31	CA$3.48	CA$0.15	x
2009-07-31	CA$2.31	CA$0.15	x
2010-07-31	CA$2.75	CA$0.15	x
2011-07-31	CA$2.10	CA$0.15	x
2012-07-31	CA$-0.24	CA$0.15	x
2013-07-31	CA$-0.23	CA$0.15	x
2014-07-31	CA$0.43	CA$0.15	x
2015-07-31	CA$-0.09	CA$0.15	x
2016-07-31	CA$0.13	CA$0.15	x
2017-07-31	CA$0.20	CA$0.15	x
2018-07-31	CA$0.09	CA$0.15	x
2019-07-31	CA$0.04	CA$0.15	x
2020-07-31	CA$0.02	CA$0.15	x
2021-07-31	CA$0.04	CA$0.15	x
2022-07-31	CA$0.02	CA$0.15	x
2023-07-31	CA$0.02	CA$0.15	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: $677,650,424
Average return on equity (ROE) among peers: -20.45%

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	$40.32 Million
Allied Gold Corporation (AAUC)	$111.36 Million	-6.66%	4.92x	$2.40 Billion
Abcourt Mines Inc. (ABI)	$-3.13 Million	0.00%	0.00x	$47.48 Million
Barrick Gold Corp (ABX)	$3.85 Billion	10.41%	0.78x	$61.83 Billion
American Eagle Gold Corp (AE)	$830.83K	-165.75%	0.05x	$133.41 Million
Agnico Eagle Mines Limited (AEM)	$110.01 Million	9.00%	1.33x	$85.78 Billion
Alamos Gold Inc (AGI)	$2.70 Billion	3.57%	0.26x	$11.51 Billion
AIS Resources Ltd (AIS)	$2.27 Million	1.48%	0.03x	$2.02 Million
Alliance Mining Corp (ALM)	$-2.44 Million	0.00%	0.00x	$2.09 Million
Altamira Gold Corp (ALTA)	$2.59 Million	-43.05%	0.10x	$38.63 Million
Almaden Minerals Ltd (AMM)	$9.85 Million	-13.46%	0.05x	$24.82 Million

About Red Pine Exploration Inc

V:RPX Canada Gold

Market Cap

$40.32 Million

CA$55.73 Million CAD

Market Cap Rank

#22491 Global

#792 in Canada

Share Price

CA$0.15

Change (1 day)

+3.45%

52-Week Range

CA$0.13 - CA$0.27

All Time High

CA$2.30