RENFORTH RESS. INC. NEW (9RR) - Total Assets
Based on the latest financial reports, RENFORTH RESS. INC. NEW (9RR) holds total assets worth €119.94K EUR (≈ $140.22K USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net assets of RENFORTH RESS. INC. NEW for net asset value and shareholders' equity analysis.
RENFORTH RESS. INC. NEW - Total Assets Trend (2021–2024)
This chart illustrates how RENFORTH RESS. INC. NEW's total assets have evolved over time, based on quarterly financial data.
RENFORTH RESS. INC. NEW - Asset Composition Analysis
Current Asset Composition (December 2024)
RENFORTH RESS. INC. NEW's total assets of €119.94K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 64.2% |
| Accounts Receivable | €0.00 | 0.0% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how RENFORTH RESS. INC. NEW's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see RENFORTH RESS. INC. NEW market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: RENFORTH RESS. INC. NEW's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 64.2% of total assets in 2024, up from 34.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
RENFORTH RESS. INC. NEW Competitors by Total Assets
Key competitors of RENFORTH RESS. INC. NEW based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Agnico Eagle Mines Limited
TO:AEM
|
Canada | CA$34.41 Billion |
|
Wheaton Precious Metals Corp
TO:WPM
|
Canada | CA$8.42 Billion |
|
Gold Fields Ltd
JSE:GFI
|
South Africa | ZAC10.86 Billion |
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
New Gold Inc
TO:NGD
|
Canada | CA$2.37 Billion |
|
Zhongjin Gold Corp Ltd
SHG:600489
|
China | CN¥63.46 Billion |
|
Dpm Metals Inc.
AU:DPM
|
Australia | AU$3.08 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$2.88 Billion |
RENFORTH RESS. INC. NEW - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.17 | 0.70 | 0.70 |
| Quick Ratio | 0.17 | 0.70 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-570.60K | €-164.05K | €-164.05K |
RENFORTH RESS. INC. NEW - Advanced Valuation Insights
This section examines the relationship between RENFORTH RESS. INC. NEW's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.36 |
| Latest Market Cap to Assets Ratio | 12.64 |
| Asset Growth Rate (YoY) | -52.5% |
| Total Assets | €313.40K |
| Market Capitalization | $3.96 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values RENFORTH RESS. INC. NEW's assets at a significant premium (12.64x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: RENFORTH RESS. INC. NEW's assets decreased by 52.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RENFORTH RESS. INC. NEW (2021–2024)
The table below shows the annual total assets of RENFORTH RESS. INC. NEW from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €313.40K ≈ $366.40K |
-52.53% |
| 2023-12-31 | €660.20K ≈ $771.84K |
-75.27% |
| 2022-12-31 | €2.67 Million ≈ $3.12 Million |
-42.62% |
| 2021-12-31 | €4.65 Million ≈ $5.44 Million |
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About RENFORTH RESS. INC. NEW
Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel, cobalt, platinum, palladium, copper, zinc, silver, and gold. It focuses on Malartic Metals Package. The company also owns 100% interest in the Parbec Gold Property located in Quebec; and holds 100% interest in the Nixon Bartleman Property consisting of… Read more