Radio Fuels Energy Corp
Radio Fuels Energy Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral resource properties. The company primarily explores for uranium deposits. Its flagship property is the 100% owned Eco Ridge project that comprise 371 crown cell claims and 4 mining leases covering an area of approximately 7,800 hectares located in Elliott Lake, Ontario. The … Read more
Radio Fuels Energy Corp (CKEFF) - Total Assets
Latest total assets as of August 2024: $28.69 Million USD
Based on the latest financial reports, Radio Fuels Energy Corp (CKEFF) holds total assets worth $28.69 Million USD as of August 2024.
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.
Radio Fuels Energy Corp - Total Assets Trend (2020–2023)
This chart illustrates how Radio Fuels Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Radio Fuels Energy Corp - Asset Composition Analysis
Current Asset Composition (November 2023)
Radio Fuels Energy Corp's total assets of $28.69 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.6% |
| 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 (2020–2023)
This chart illustrates how Radio Fuels Energy Corp'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Radio Fuels Energy Corp's current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2023, down from 17.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Radio Fuels Energy Corp Competitors by Total Assets
Key competitors of Radio Fuels Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Basin Energy Ltd
AU:BSN
|
Australia | AU$11.13 Million |
|
China National Uranium Co Ltd
SHE:001280
|
China | CN¥27.86 Billion |
|
Aurora Energy Metals Ltd
AU:1AE
|
Australia | AU$2.16 Million |
|
Adavale Resources Ltd
AU:ADD
|
Australia | AU$286.52K |
|
Anfield Energy Inc.
NASDAQ:AEC
|
USA | $87.89 Million |
|
Aura Energy Ltd
AU:AEE
|
Australia | AU$63.19 Million |
|
AEMLF
PINK:AEMLF
|
USA | $2.27 Million |
|
Atomic Eagle Limited
AU:AEU
|
Australia | AU$12.82 Million |
Radio Fuels Energy Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Radio Fuels Energy Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Radio Fuels Energy Corp is currently not profitable relative to its asset base.
Radio Fuels Energy Corp - 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 | 14.16 | 1312.42 | 4.72 |
| Quick Ratio | 14.16 | 1312.42 | 4.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $26.64 Million | $ 20.01 Million | $ 1.16 Million |
Radio Fuels Energy Corp - Advanced Valuation Insights
This section examines the relationship between Radio Fuels Energy Corp'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 | 0.87 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | -50.4% |
| Total Assets | $20.61 Million |
| Market Capitalization | $8.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Radio Fuels Energy Corp's assets below their book value (0.41 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Radio Fuels Energy Corp's assets decreased by 50.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Radio Fuels Energy Corp (2020–2023)
The table below shows the annual total assets of Radio Fuels Energy Corp from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-11-30 | $20.61 Million | -50.39% |
| 2022-11-30 | $41.54 Million | +56.29% |
| 2021-11-30 | $26.58 Million | +537661.19% |
| 2020-11-30 | $4.94K | -- |