Riverside Resources Inc (RRI) - Net Assets
Based on the latest financial reports, Riverside Resources Inc (RRI) has net assets worth CA$9.81 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$11.32 Million) and total liabilities (CA$1.50 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$9.81 Million |
| % of Total Assets | 86.71% |
| Annual Growth Rate | 8.34% |
| 5-Year Change | -10.63% |
| 10-Year Change | 42.07% |
| Growth Volatility | 49.62 |
Riverside Resources Inc - Net Assets Trend (2007–2025)
This chart illustrates how Riverside 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 Riverside Resources Inc (2007–2025)
The table below shows the annual net assets of Riverside Resources Inc from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$9.81 Million | -17.37% |
| 2024-09-30 | CA$11.87 Million | -12.46% |
| 2023-09-30 | CA$13.56 Million | +10.87% |
| 2022-09-30 | CA$12.23 Million | +11.43% |
| 2021-09-30 | CA$10.98 Million | +14.80% |
| 2020-09-30 | CA$9.56 Million | -4.96% |
| 2019-09-30 | CA$10.06 Million | +15.09% |
| 2018-09-30 | CA$8.74 Million | -11.58% |
| 2017-09-30 | CA$9.89 Million | +43.17% |
| 2016-09-30 | CA$6.91 Million | -0.92% |
| 2015-09-30 | CA$6.97 Million | -30.56% |
| 2014-09-30 | CA$10.04 Million | -13.98% |
| 2013-09-30 | CA$11.67 Million | -5.91% |
| 2012-09-30 | CA$12.40 Million | -23.55% |
| 2011-09-30 | CA$16.23 Million | +155.62% |
| 2010-09-30 | CA$6.35 Million | +12.78% |
| 2009-09-30 | CA$5.63 Million | +1.27% |
| 2008-09-30 | CA$5.56 Million | +139.65% |
| 2007-09-30 | CA$2.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Riverside 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 1424592100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$25.23 Million | 257.08% |
| Total Equity | CA$9.81 Million | 100.00% |
Riverside Resources Inc Competitors by Market Cap
The table below lists competitors of Riverside Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Toppoint Holdings Inc.
NYSE MKT:TOPP
|
$14.18 Million |
|
Millennium Pharmacon International
JK:SDPC
|
$14.18 Million |
|
Grand Baoxin Auto Group Limited
F:6BA
|
$14.19 Million |
|
APTAMER GROUP LTD LS-001
F:P0J
|
$14.19 Million |
|
Korea Plasma Technology U Co.Ltd
KQ:054410
|
$14.16 Million |
|
NSX Ltd
AU:NSX
|
$14.16 Million |
|
Precise Biometrics AB
ST:PREC
|
$14.16 Million |
|
IRLAB Therapeutics AB (publ)
ST:IRLAB-A
|
$14.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Riverside Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,874,689 to 9,812,244, a change of -2,062,445 (-17.4%).
- Net income of 2,528,105 contributed positively to equity growth.
- Other factors decreased equity by 4,590,550.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$2.53 Million | +25.76% |
| Other Changes | CA$-4.59 Million | -46.78% |
| Total Change | CA$- | -17.37% |
Book Value vs Market Value Analysis
This analysis compares Riverside 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
- Current price-to-book ratio: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.48x to 1.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-09-30 | CA$0.44 | CA$0.21 | x |
| 2008-09-30 | CA$0.35 | CA$0.21 | x |
| 2009-09-30 | CA$0.29 | CA$0.21 | x |
| 2010-09-30 | CA$0.29 | CA$0.21 | x |
| 2011-09-30 | CA$0.50 | CA$0.21 | x |
| 2012-09-30 | CA$0.35 | CA$0.21 | x |
| 2013-09-30 | CA$0.32 | CA$0.21 | x |
| 2014-09-30 | CA$0.27 | CA$0.21 | x |
| 2015-09-30 | CA$0.19 | CA$0.21 | x |
| 2016-09-30 | CA$0.19 | CA$0.21 | x |
| 2017-09-30 | CA$0.24 | CA$0.21 | x |
| 2018-09-30 | CA$0.20 | CA$0.21 | x |
| 2019-09-30 | CA$0.19 | CA$0.21 | x |
| 2020-09-30 | CA$0.13 | CA$0.21 | x |
| 2021-09-30 | CA$0.17 | CA$0.21 | x |
| 2022-09-30 | CA$0.18 | CA$0.21 | x |
| 2023-09-30 | CA$0.20 | CA$0.21 | x |
| 2024-09-30 | CA$0.16 | CA$0.21 | x |
| 2025-09-30 | CA$0.13 | CA$0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Riverside Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (25.76%) is above the historical average (-11.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -50.34% | 0.00% | 0.00x | 1.07x | CA$-1.40 Million |
| 2008 | -18.85% | 0.00% | 0.00x | 1.03x | CA$-1.60 Million |
| 2009 | -30.10% | 0.00% | 0.00x | 1.04x | CA$-2.26 Million |
| 2010 | -18.91% | 0.00% | 0.00x | 1.03x | CA$-1.84 Million |
| 2011 | 1.60% | 0.00% | 0.00x | 1.03x | CA$-1.36 Million |
| 2012 | -34.39% | 0.00% | 0.00x | 1.10x | CA$-5.51 Million |
| 2013 | -17.72% | 0.00% | 0.00x | 1.04x | CA$-3.23 Million |
| 2014 | -22.33% | 0.00% | 0.00x | 1.08x | CA$-3.25 Million |
| 2015 | -41.05% | 0.00% | 0.00x | 1.06x | CA$-3.56 Million |
| 2016 | 11.04% | 0.00% | 0.00x | 1.15x | CA$71.91K |
| 2017 | -6.92% | 0.00% | 0.00x | 1.02x | CA$-1.67 Million |
| 2018 | -16.73% | 0.00% | 0.00x | 1.01x | CA$-2.34 Million |
| 2019 | -13.03% | 0.00% | 0.00x | 1.23x | CA$-2.32 Million |
| 2020 | 27.52% | 0.00% | 0.00x | 1.28x | CA$1.68 Million |
| 2021 | 6.69% | 0.00% | 0.00x | 1.36x | CA$-363.79K |
| 2022 | -1.70% | 0.00% | 0.00x | 1.33x | CA$-1.43 Million |
| 2023 | -2.91% | 0.00% | 0.00x | 1.13x | CA$-1.75 Million |
| 2024 | -13.43% | 0.00% | 0.00x | 1.16x | CA$-2.78 Million |
| 2025 | 25.76% | 0.00% | 0.00x | 1.15x | CA$1.55 Million |
Industry Comparison
This section compares Riverside Resources Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $10,543,671
- Average return on equity (ROE) among peers: -5062.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Riverside Resources Inc (RRI) | CA$9.81 Million | -50.34% | 0.15x | $14.16 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.89 Billion |
| AC/DC Battery Metals Inc. (ACDC) | $1.79 Million | -31.70% | 0.02x | $1.88 Million |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $4.13 Million | -73.65% | 0.19x | $1.73 Million |
| Adamera Minerals Corp. (ADZ) | $591.38K | -199.89% | 1.34x | $4.95 Million |
| Alaska Energy Metals Corporation (AEMC) | $5.31 Million | -25.82% | 0.25x | $13.73 Million |
| Argonaut Exploration Inc. (AGA) | $13.79 Million | -73.47% | 0.21x | $96.32 Million |
| Clean Air Metals Inc (AIR) | $38.86 Million | -12.39% | 0.09x | $11.78 Million |
| American Creek Resources Ltd (AMK) | $16.37 Million | -9.41% | 0.06x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $24.16 Million | -1.79% | 0.01x | $3.47 Million |
About Riverside Resources Inc
Riverside Resources Inc. engages in the acquisition, exploration, and evaluation of mineral assets in Canada, the United States, and Mexico. It explores for gold, silver, lead, zinc, rare earth elements, molybdenum, and copper deposits. Riverside Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.