REDRF
Red Canyon Resources Ltd. engages in the acquisition and exploration of mineral resource properties in Canada and the United States. It explores for copper, molybdenum, and gold deposits. The company was formerly known as 1268510 B.C. Ltd. and changed its name to Red Canyon Resources Ltd. in October 2020. Red Canyon Resources Ltd. was incorporated in 2020 and is based in Vancouver, Canada.
REDRF (REDRF) - Total Assets
Latest total assets as of September 2025: $8.43 Million USD
Based on the latest financial reports, REDRF (REDRF) holds total assets worth $8.43 Million USD as of September 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.
REDRF - Total Assets Trend (2020–2024)
This chart illustrates how REDRF’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
REDRF - Asset Composition Analysis
Current Asset Composition (December 2024)
REDRF's total assets of $8.43 Million consist of 17.0% current assets and 83.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.3% |
| Accounts Receivable | $136.57K | 2.6% |
| 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 (2020–2024)
This chart illustrates how REDRF'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: REDRF's current assets represent 17.0% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2024, down from 100.0% 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 accounts receivable at 2.6% of total assets.
REDRF Competitors by Total Assets
Key competitors of REDRF based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
REDRF - 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 - REDRF 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 - REDRF is currently not profitable relative to its asset base.
REDRF - 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 | 3.56 | 3.63 | 3.73 |
| Quick Ratio | 3.56 | 3.63 | 3.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.55 Million | $ 1.51 Million | $ 1.60 Million |
REDRF - Advanced Valuation Insights
This section examines the relationship between REDRF'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 | 2.43 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 67.6% |
| Total Assets | $5.19 Million |
| Market Capitalization | $1.00K USD |
Valuation Analysis
Below Book Valuation: The market values REDRF's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: REDRF's assets grew by 67.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for REDRF (2020–2024)
The table below shows the annual total assets of REDRF from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.19 Million | +67.59% |
| 2023-12-31 | $3.10 Million | +134.48% |
| 2022-12-31 | $1.32 Million | +5.22% |
| 2021-12-31 | $1.26 Million | +798.28% |
| 2020-12-31 | $139.80K | -- |