Rainforest Resources Inc
Rainforest Resources Inc. operates in the forestry sector. It also produces carbon credit certificates; and develops and exports natural spring water. The company was formerly known as Amalgamated Gold & Silver Inc. and changed its name to Rainforest Resources Inc. in December 2015. Rainforest Resources Inc. is headquartered in Anna Maria, Florida.
Rainforest Resources Inc (RRIF) - Total Assets
Latest total assets as of September 2021: $9.50 Million USD
Based on the latest financial reports, Rainforest Resources Inc (RRIF) holds total assets worth $9.50 Million USD as of September 2021.
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.
Rainforest Resources Inc - Total Assets Trend (2001–2020)
This chart illustrates how Rainforest Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rainforest Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2020)
Rainforest Resources Inc's total assets of $9.50 Million consist of 38.5% current assets and 61.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.1% |
| 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 (2001–2020)
This chart illustrates how Rainforest Resources 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: Rainforest Resources Inc's current assets represent 38.5% of total assets in 2020, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 17.1% of total assets in 2020, up from 0.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 87.0% in 2001.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Rainforest Resources Inc Competitors by Total Assets
Key competitors of Rainforest Resources Inc 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 |
Rainforest Resources 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 - Rainforest Resources 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 - Rainforest Resources Inc is currently not profitable relative to its asset base.
Rainforest Resources 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 | 0.08 | 0.08 | 10.44 |
| Quick Ratio | 0.08 | 0.08 | 10.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.04 Million | $ -4.84 Million | $ 20.62 Million |
Rainforest Resources Inc - Advanced Valuation Insights
This section examines the relationship between Rainforest Resources 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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 63.0% |
| Total Assets | $5.26 Million |
| Market Capitalization | $0.96 USD |
Valuation Analysis
Below Book Valuation: The market values Rainforest Resources Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Rainforest Resources Inc's assets grew by 63.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Rainforest Resources Inc (2001–2020)
The table below shows the annual total assets of Rainforest Resources Inc from 2001 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $5.26 Million | +63.00% |
| 2019-12-31 | $3.23 Million | -4.80% |
| 2018-12-31 | $3.39 Million | +13643.45% |
| 2017-12-31 | $24.68K | -- |
| 2016-12-31 | $0.00 | -- |
| 2005-12-31 | $2.68K | -66.51% |
| 2004-12-31 | $8.00K | -77.78% |
| 2003-12-31 | $36.00K | -86.86% |
| 2001-12-31 | $274.00K | -- |