Red Pine Exploration Inc
RPX Gold Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company primarily explores for gold. Its flagship project is the 100% owned Wawa gold project that comprises 307 mining claims, 17 leases, and 106 patents covering 7,123 hectares located in the McMurray Township on the east of the town of Wawa in northern Ontario. The company was formerly kn… Read more
Red Pine Exploration Inc (RDEXF) - Total Assets
Latest total assets as of October 2025: $7.91 Million USD
Based on the latest financial reports, Red Pine Exploration Inc (RDEXF) holds total assets worth $7.91 Million USD as of October 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.
Red Pine Exploration Inc - Total Assets Trend (2013–2023)
This chart illustrates how Red Pine Exploration Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Red Pine Exploration Inc - Asset Composition Analysis
Current Asset Composition (July 2023)
Red Pine Exploration Inc's total assets of $7.91 Million consist of 89.2% current assets and 10.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 81.0% |
| Accounts Receivable | $27.25K | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $137.82K | 3.3% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2023)
This chart illustrates how Red Pine Exploration Inc'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: Red Pine Exploration Inc's current assets represent 89.2% of total assets in 2023, an increase from 0.0% in 2013.
- Cash Position: Cash and equivalents constituted 81.0% of total assets in 2023, up from 17.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is property, plant & equipment at 3.3% of total assets.
Red Pine Exploration Inc Competitors by Total Assets
Key competitors of Red Pine Exploration Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Red Pine Exploration Inc - 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 - Red Pine Exploration Inc 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 - Red Pine Exploration Inc is currently not profitable relative to its asset base.
Red Pine Exploration Inc - 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 | 5.05 | 6.06 | 1.19 |
| Quick Ratio | 5.05 | 6.06 | 1.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.96 Million | $ 8.37 Million | $ 82.18K |
Red Pine Exploration Inc - Advanced Valuation Insights
This section examines the relationship between Red Pine Exploration Inc'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 | 11.95 |
| Latest Market Cap to Assets Ratio | 5.72 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $4.17 Million |
| Market Capitalization | $23.87 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Red Pine Exploration Inc's assets at a significant premium ( 5.72x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Red Pine Exploration Inc's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Red Pine Exploration Inc (2013–2023)
The table below shows the annual total assets of Red Pine Exploration Inc from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-07-31 | $4.17 Million | -5.37% |
| 2022-07-31 | $4.41 Million | +3.13% |
| 2021-07-31 | $4.28 Million | +183.61% |
| 2020-07-31 | $1.51 Million | -16.14% |
| 2019-07-31 | $1.80 Million | -43.67% |
| 2018-07-31 | $3.19 Million | -33.98% |
| 2017-07-31 | $4.84 Million | +137.69% |
| 2016-07-31 | $2.03 Million | +603.72% |
| 2015-07-31 | $289.11K | -85.04% |
| 2014-07-31 | $1.93 Million | +675.87% |
| 2013-07-31 | $249.10K | -- |