RT Minerals Corp (RTM) - Net Assets
Based on the latest financial reports, RT Minerals Corp (RTM) has net assets worth CA$59.49K CAD as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$614.03K) and total liabilities (CA$554.54K). 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$59.49K |
| % of Total Assets | 9.69% |
| Annual Growth Rate | N/A |
| 5-Year Change | -99.96% |
| 10-Year Change | -99.53% |
| Growth Volatility | 123.16 |
RT Minerals Corp - Net Assets Trend (2013–2024)
This chart illustrates how RT Minerals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RT Minerals Corp (2013–2024)
The table below shows the annual net assets of RT Minerals Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$731.00 | -98.83% |
| 2023-11-30 | CA$62.24K | -94.08% |
| 2022-11-30 | CA$1.05 Million | -58.79% |
| 2021-11-30 | CA$2.55 Million | +29.00% |
| 2020-11-30 | CA$1.98 Million | +117.88% |
| 2019-11-30 | CA$906.97K | -24.45% |
| 2018-11-30 | CA$1.20 Million | -13.79% |
| 2017-11-30 | CA$1.39 Million | +122.26% |
| 2016-11-30 | CA$626.56K | +304.87% |
| 2015-11-30 | CA$154.75K | +200.90% |
| 2014-11-30 | CA$-153.37K | +52.62% |
| 2013-11-30 | CA$-323.68K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RT Minerals Corp'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 999043200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$20.57 Million | 2813919.43% |
| Total Equity | CA$731.00 | 100.00% |
RT Minerals Corp Competitors by Market Cap
The table below lists competitors of RT Minerals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Noble Metal Group Incorporated
V:NMG-H
|
$456.12K |
|
Kermode Resources Ltd
V:KLM
|
$456.21K |
|
Lendinvest PLC
LSE:LINV
|
$456.62K |
|
Nickelex Resource Corporation
V:NICK
|
$456.76K |
|
CML Microsystems Plc
LSE:CML
|
$454.60K |
|
GREENHAWK RESOURCES INC.
F:2V70
|
$453.49K |
|
Gourmet Ocean Products Inc
V:GOP-H
|
$452.36K |
|
CELLECTAR NEW22 DL-00001
F:NV4
|
$451.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RT Minerals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,240 to 731, a change of -61,509 (-98.8%).
- Net loss of 835,458 reduced equity.
- New share issuances of 784,266 increased equity.
- Other factors decreased equity by 10,317.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-835.46K | -114289.74% |
| Share Issuances | CA$784.27K | +107286.73% |
| Other Changes | CA$-10.32K | -1411.35% |
| Total Change | CA$- | -98.83% |
Book Value vs Market Value Analysis
This analysis compares RT Minerals Corp'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: 569.05x
- 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 0.16x to 569.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | CA$0.35 | CA$0.06 | x |
| 2018-11-30 | CA$0.10 | CA$0.06 | x |
| 2019-11-30 | CA$0.07 | CA$0.06 | x |
| 2020-11-30 | CA$0.05 | CA$0.06 | x |
| 2021-11-30 | CA$0.03 | CA$0.06 | x |
| 2022-11-30 | CA$0.17 | CA$0.06 | x |
| 2023-11-30 | CA$0.00 | CA$0.06 | x |
| 2024-11-30 | CA$0.00 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RT Minerals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -114289.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 561.73x
- Recent ROE (-114289.74%) is below the historical average (-9825.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.85 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-960.65K |
| 2015 | 5.86% | 0.00% | 0.00x | 1.61x | CA$-6.41K |
| 2016 | -83.17% | 0.00% | 0.00x | 1.18x | CA$-583.77K |
| 2017 | -43.15% | 0.00% | 0.00x | 1.13x | CA$-740.20K |
| 2018 | -97.45% | 0.00% | 0.00x | 1.04x | CA$-1.29 Million |
| 2019 | -33.69% | 0.00% | 0.00x | 1.14x | CA$-396.21K |
| 2020 | -15.77% | 0.00% | 0.00x | 1.22x | CA$-509.26K |
| 2021 | -90.65% | 0.00% | 0.00x | 1.18x | CA$-2.57 Million |
| 2022 | -143.00% | 0.00% | 0.00x | 1.58x | CA$-1.61 Million |
| 2023 | -3114.35% | 0.00% | 0.00x | 5.06x | CA$-1.94 Million |
| 2024 | -114289.74% | 0.00% | 0.00x | 561.73x | CA$-835.53K |
Industry Comparison
This section compares RT Minerals Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RT Minerals Corp (RTM) | CA$59.49K | 0.00% | 9.32x | $456.08K |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About RT Minerals Corp
RT Minerals Corp engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for rare earth elements, gold, and base metal deposits. It also holds 100% interest in the Rogue Property is located on the Baie Verte Peninsula in Western Newfoundland. RT Minerals Corp was incorporated in 2007 and is headquartered in Vancouver, Canada.