Renforth Resources Inc
Renforth Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for nickel, cobalt, platinum, palladium, copper, zinc, silver, and gold. It focuses on Malartic Metals Package. The company also owns 100% interest in the Parbec Gold Property located in Quebec; and holds 100% interest in the Nixon Bartleman Property consisting of… Read more
Renforth Resources Inc (RFHRF) - Total Assets
Latest total assets as of September 2025: $66.58K USD
Based on the latest financial reports, Renforth Resources Inc (RFHRF) holds total assets worth $66.58K 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.
Renforth Resources Inc - Total Assets Trend (2008–2024)
This chart illustrates how Renforth Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Renforth Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Renforth Resources Inc's total assets of $66.58K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 64.2% |
| Accounts Receivable | $56.79K | 18.1% |
| 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 (2008–2024)
This chart illustrates how Renforth 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: Renforth Resources Inc's current assets represent 100.0% of total assets in 2024, an increase from 19.9% in 2008.
- Cash Position: Cash and equivalents constituted 64.2% of total assets in 2024, up from 15.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 18.1% of total assets.
Renforth Resources Inc Competitors by Total Assets
Key competitors of Renforth Resources 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 |
Renforth 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 - Renforth 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 - Renforth Resources Inc is currently not profitable relative to its asset base.
Renforth 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 | 0.09 | 0.39 | 3.07 |
| Quick Ratio | 0.09 | 0.39 | 3.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-681.13K | $ -396.39K | $ 4.74 Million |
Renforth Resources Inc - Advanced Valuation Insights
This section examines the relationship between Renforth 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 | 7.89 |
| Latest Market Cap to Assets Ratio | 11.96 |
| Asset Growth Rate (YoY) | -52.5% |
| Total Assets | $313.40K |
| Market Capitalization | $3.75 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Renforth Resources Inc's assets at a significant premium ( 11.96x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Renforth Resources Inc's assets decreased by 52.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Renforth Resources Inc (2008–2024)
The table below shows the annual total assets of Renforth Resources Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $313.40K | -52.53% |
| 2023-12-31 | $660.20K | -75.27% |
| 2022-12-31 | $2.67 Million | -42.62% |
| 2021-12-31 | $4.65 Million | -63.62% |
| 2020-12-31 | $12.79 Million | +53.48% |
| 2019-12-31 | $8.33 Million | +29.99% |
| 2018-12-31 | $6.41 Million | +23.61% |
| 2017-12-31 | $5.19 Million | +85.18% |
| 2016-12-31 | $2.80 Million | +9.90% |
| 2015-12-31 | $2.55 Million | +27.15% |
| 2014-12-31 | $2.00 Million | +15.54% |
| 2013-12-31 | $1.73 Million | +9.72% |
| 2012-12-31 | $1.58 Million | -75.70% |
| 2011-12-31 | $6.50 Million | -8.58% |
| 2010-12-31 | $7.12 Million | +12.32% |
| 2009-12-31 | $6.34 Million | -7.06% |
| 2008-12-31 | $6.82 Million | -- |