Red Eagle Mining Corporation
Red Eagle Mining Corporation engages in the exploration and development of mineral properties in Canada and Colombia. The company owns 100% interest in the Santa Rosa Gold Project located in Antioquia, Colombia, as well as holds 100% interests in the Vetas Gold, California Gold, and Santa Ana Silver Projects. Red Eagle Mining Corporation was incorporated in 2010 and is headquartered in Vancouver,… Read more
Red Eagle Mining Corporation (RDEMF) - Total Assets
Latest total assets as of June 2018: $115.22 Million USD
Based on the latest financial reports, Red Eagle Mining Corporation (RDEMF) holds total assets worth $115.22 Million USD as of June 2018.
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 Eagle Mining Corporation - Total Assets Trend (2010–2017)
This chart illustrates how Red Eagle Mining Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Red Eagle Mining Corporation - Asset Composition Analysis
Current Asset Composition (December 2017)
Red Eagle Mining Corporation's total assets of $115.22 Million consist of 7.4% current assets and 92.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $4.75 Million | 2.9% |
| Inventory | $4.42 Million | 2.7% |
| Property, Plant & Equipment | $149.66 Million | 90.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2017)
This chart illustrates how Red Eagle Mining Corporation'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 Eagle Mining Corporation's current assets represent 7.4% of total assets in 2017, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2017, down from 23.4% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is property, plant & equipment at 90.5% of total assets.
Red Eagle Mining Corporation Competitors by Total Assets
Key competitors of Red Eagle Mining Corporation 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 Eagle Mining Corporation - 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 Eagle Mining Corporation 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 Eagle Mining Corporation is currently not profitable relative to its asset base.
Red Eagle Mining Corporation - 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 | 0.11 | 0.06 | 0.00 |
| Quick Ratio | 0.06 | 0.02 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-99.77 Million | $ -85.16 Million | $ -6.42 Million |
Red Eagle Mining Corporation - Advanced Valuation Insights
This section examines the relationship between Red Eagle Mining Corporation'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 | 1.34 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 35.3% |
| Total Assets | $165.32 Million |
| Market Capitalization | $40.12K USD |
Valuation Analysis
Below Book Valuation: The market values Red Eagle Mining Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Red Eagle Mining Corporation's assets grew by 35.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Red Eagle Mining Corporation (2010–2017)
The table below shows the annual total assets of Red Eagle Mining Corporation from 2010 to 2017.
| Year | Total Assets | Change |
|---|---|---|
| 2017-12-31 | $165.32 Million | +35.32% |
| 2016-12-31 | $122.17 Million | +171.17% |
| 2015-12-31 | $45.05 Million | +2934.27% |
| 2014-12-31 | $1.48 Million | -71.72% |
| 2013-12-31 | $5.25 Million | -74.44% |
| 2012-12-31 | $20.55 Million | +49.05% |
| 2011-12-31 | $13.78 Million | +108.80% |
| 2010-12-31 | $6.60 Million | -- |