Ronin Ventures Corp.
Ronin Ventures Corp. does not have significant operations. It focuses on identifying and evaluating businesses or assets with a view to completing a qualifying transaction. Ronin Ventures Corp. was incorporated in 2022 and is headquartered in Vancouver, Canada.
Ronin Ventures Corp. (RVC-P) - Net Assets
Latest net assets as of November 2025: CA$62.50K CAD
Based on the latest financial reports, Ronin Ventures Corp. (RVC-P) has net assets worth CA$62.50K CAD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$80.44K) and total liabilities (CA$17.95K). 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$62.50K |
| % of Total Assets | 77.69% |
| Annual Growth Rate | -7.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 40.4 |
Ronin Ventures Corp. - Net Assets Trend (2022–2025)
This chart illustrates how Ronin Ventures 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 Ronin Ventures Corp. (2022–2025)
The table below shows the annual net assets of Ronin Ventures Corp. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | CA$89.99K | -34.15% |
| 2024-02-29 | CA$136.65K | -23.10% |
| 2023-02-28 | CA$177.70K | +56.53% |
| 2022-02-28 | CA$113.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ronin Ventures 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 20708200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$308.55K | 342.88% |
| Total Equity | CA$89.99K | 100.00% |
Ronin Ventures Corp. Competitors by Market Cap
The table below lists competitors of Ronin Ventures Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pure Broadcast Corp
PINK:PCST
|
$995.49 |
|
Ceps PLC
LSE:CEPS
|
$996.49 |
|
China De Xiao Quan Care Group Co. Ltd
PINK:CDXQ
|
$999.99 |
|
Ricebran Tech
PINK:RIBT
|
$1.00K |
|
Neotech Metals Corp.
OTCQB:NTMFF
|
$995.07 |
|
Fiske PLC
LSE:FKE
|
$993.15 |
|
Prime Lands Residencies Ltd
CM:PLRN0000
|
$992.85 |
|
MEDCO ENERGI INTL
MU:MEF
|
$992.80 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ronin Ventures Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 136,647 to 89,988, a change of -46,659 (-34.1%).
- Net loss of 46,659 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-46.66K | -51.85% |
| Total Change | CA$- | -34.15% |
Book Value vs Market Value Analysis
This analysis compares Ronin Ventures 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: 7.25x
- 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 5.75x to 7.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-02-28 | CA$0.03 | CA$0.15 | x |
| 2023-02-28 | CA$0.04 | CA$0.15 | x |
| 2024-02-29 | CA$0.03 | CA$0.15 | x |
| 2025-02-28 | CA$0.02 | CA$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ronin Ventures Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (-51.85%) is below the historical average (-49.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -67.18% | 0.00% | 0.00x | 1.10x | CA$-137.14K |
| 2024 | -30.04% | 0.00% | 0.00x | 1.17x | CA$-54.72K |
| 2025 | -51.85% | 0.00% | 0.00x | 1.22x | CA$-55.66K |
Industry Comparison
This section compares Ronin Ventures Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $320,719
- Average return on equity (ROE) among peers: -15.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ronin Ventures Corp. (RVC-P) | CA$62.50K | -67.18% | 0.29x | $995.14 |
| First Tidal Acquisition Corp. (AAA-P) | $271.64K | -12.76% | 0.07x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $176.31K | -28.45% | 0.14x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $498.36K | 0.00% | 0.06x | $10.44K |
| AF2 Capital Corp (AF-P) | $125.52K | -22.68% | 0.19x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $236.65K | -15.61% | 0.12x | $151.51K |
| Apolo IV Acquisition Corp (AIV-P) | $1.13 Million | -19.92% | 0.03x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $166.02K | -34.30% | 0.10x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $155.00K | 0.00% | 0.13x | $13.43K |
| Altina Capital Corp (ALTN-P) | $-3.34K | 0.00% | 0.00x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |