Resaas Services Inc (RSS) - Net Assets

Latest as of September 2025: CA$-896.12K CAD ≈ $-648.24K USD

Based on the latest financial reports, Resaas Services Inc (RSS) has net assets worth CA$-896.12K CAD (≈ $-648.24K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$102.10K ≈ $73.86K USD) and total liabilities (CA$998.22K ≈ $722.10K 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 Resaas Services Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$-896.12K
% of Total Assets -877.7%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change -111.59%
Growth Volatility 660.59

Resaas Services Inc - Net Assets Trend (2009–2024)

This chart illustrates how Resaas Services Inc's net assets have evolved over time, based on quarterly financial data. Also explore Resaas Services Inc asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Resaas Services Inc (2009–2024)

The table below shows the annual net assets of Resaas Services Inc from 2009 to 2024. For live valuation and market cap data, see market value of Resaas Services Inc.

Year Net Assets Change
2024-12-31 CA$-864.50K
≈ $-625.36K		 -1629.27%
2023-12-31 CA$-49.99K
≈ $-36.16K		 +88.46%
2022-12-31 CA$-433.29K
≈ $-313.44K		 -69.92%
2021-12-31 CA$-255.00K
≈ $-184.47K		 -690.93%
2020-12-31 CA$-32.24K
≈ $-23.32K		 -104.16%
2019-12-31 CA$774.52K
≈ $560.28K		 -48.51%
2018-12-31 CA$1.50 Million
≈ $1.09 Million		 +25.09%
2017-12-31 CA$1.20 Million
≈ $869.80K		 -83.78%
2016-12-31 CA$7.42 Million
≈ $5.36 Million		 -0.60%
2015-12-31 CA$7.46 Million
≈ $5.40 Million		 +32.63%
2014-12-31 CA$5.62 Million
≈ $4.07 Million		 +15.91%
2013-12-31 CA$4.85 Million
≈ $3.51 Million		 -35.08%
2012-12-31 CA$7.47 Million
≈ $5.41 Million		 +32.84%
2011-12-31 CA$5.63 Million
≈ $4.07 Million		 +2277.52%
2010-12-31 CA$236.68K
≈ $171.21K		 +15.96%
2009-12-31 CA$204.11K
≈ $147.65K		 --

Equity Component Analysis

This analysis shows how different components contribute to Resaas Services 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 5808250400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$57.41 Million %
Total Equity CA$-864.50K 100.00%

Resaas Services Inc Competitors by Market Cap

The table below lists competitors of Resaas Services Inc ranked by their market capitalization.

Company Market Cap
Shemaroo Entertainment Limited
NSE:SHEMAROO
 $29.54 Million
Prestige Wealth Inc. Ordinary Shares
NASDAQ:PWM
 $29.55 Million
EyeGene Inc
KQ:185490
 $29.57 Million
Varengold Bank AG
F:VG8
 $29.57 Million
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS
IS:FLAP
 $29.52 Million
YXT.COM GROUP HOLDING LIMITED American Depository Shares
NASDAQ:YXT
 $29.51 Million
APS Energia S.A.
WAR:APE
 $29.48 Million
Elon AB (publ)
ST:ELON
 $29.46 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Resaas Services Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from -49,992 to -864,498, a change of -814,506.
  • Net loss of 1,122,328 reduced equity.
  • Other factors increased equity by 307,822.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-1.12 Million -129.82%
Other Changes CA$307.82K +35.61%
Total Change CA$- %

Book Value vs Market Value Analysis

This analysis compares Resaas Services 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
2010-12-31 CA$0.02 CA$0.51 x
2011-12-31 CA$0.26 CA$0.51 x
2012-12-31 CA$0.29 CA$0.51 x
2013-12-31 CA$0.17 CA$0.51 x
2014-12-31 CA$0.19 CA$0.51 x
2015-12-31 CA$0.23 CA$0.51 x
2016-12-31 CA$0.20 CA$0.51 x
2017-12-31 CA$0.03 CA$0.51 x
2018-12-31 CA$0.03 CA$0.51 x
2019-12-31 CA$0.01 CA$0.51 x
2020-12-31 CA$0.00 CA$0.51 x
2021-12-31 CA$0.00 CA$0.51 x
2022-12-31 CA$-0.01 CA$0.51 x
2023-12-31 CA$0.00 CA$0.51 x
2024-12-31 CA$-0.01 CA$0.51 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Resaas Services 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: -313.49%
  • • Asset Turnover: 5.20x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-141.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 -195.06% 0.00% 0.00x 1.19x CA$-485.34K
2011 -46.50% 0.00% 0.00x 1.01x CA$-3.18 Million
2012 -25.65% 0.00% 0.00x 1.01x CA$-2.66 Million
2013 -111.56% 0.00% 0.00x 1.03x CA$-5.90 Million
2014 -139.39% -116899.37% 0.00x 1.03x CA$-8.40 Million
2015 -67.17% -4675.01% 0.01x 1.06x CA$-5.76 Million
2016 -109.05% -2653.83% 0.04x 1.06x CA$-8.83 Million
2017 -632.59% -1665.18% 0.25x 1.55x CA$-7.73 Million
2018 -388.61% -945.58% 0.29x 1.42x CA$-6.00 Million
2019 -403.55% -389.58% 0.55x 1.90x CA$-3.20 Million
2020 0.00% -423.34% 0.98x 0.00x CA$-2.78 Million
2021 0.00% -505.97% 1.26x 0.00x CA$-2.81 Million
2022 0.00% -317.48% 0.93x 0.00x CA$-1.15 Million
2023 0.00% -555.59% 0.50x 0.00x CA$-2.25 Million
2024 0.00% -313.49% 5.20x 0.00x CA$-1.04 Million

Industry Comparison

This section compares Resaas Services Inc's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $53,714,494
  • Average return on equity (ROE) among peers: -3.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Resaas Services Inc (RSS) CA$-896.12K -195.06% N/A $29.53 Million
Abaxx Technologies Inc (ABXX) $27.94 Million -42.69% 0.05x $1.39 Billion
Adcore Inc (ADCO) $1.19 Million -17.83% 0.01x $10.05 Million
AnalytixInsight Inc (ALY) $-2.56 Million 0.00% 0.00x $1.76 Million
Agereh Technologies Inc (AUTO) $-7.80 Million 0.00% 0.00x $4.14 Million
Acceleware Ltd (AXE) $826.28K -19.23% 1.13x $11.79 Million
BLUERUSH Media Group Corp (BTV) $-2.89 Million 0.00% 0.00x $356.37K
Boardwalktech Software Corp (BWLK) $-3.36 Million 0.00% 0.00x $2.80 Million
Computer Modelling Group Ltd. (CMG) $63.17 Million 43.74% 0.59x $231.91 Million
Constellation Software Inc. (CSU) $457.51 Million 45.20% 3.12x $37.43 Billion
NamSys Inc (CTZ) $3.11 Million -40.95% 0.32x $24.35 Million

About Resaas Services Inc

V:RSS Canada Software - Application
Market Cap
$29.53 Million
CA$40.82 Million CAD
Market Cap Rank
#23769 Global
#892 in Canada
Share Price
CA$0.51
Change (1 day)
+2.00%
52-Week Range
CA$0.28 - CA$0.54
All Time High
CA$1.76
Categories
Companies in Canada Software - Application Technology AI & Machine Learning
About

RESAAS Services Inc. develops web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine. It also provide… Read more