Refined Metals Corp.
Refined Energy Corp., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in North America. The company's flagship Dufferin uranium project covering an area of 10,140 hectares located in the Athabasca Basin. The company was formerly known as Refined Metals Corp. and changed its name to Refined Energy Corp. in March 2024. Refined Energy Corp. is … Read more
Refined Metals Corp. (RFMCF) - Total Assets
Latest total assets as of December 2024: $338.75K USD
Based on the latest financial reports, Refined Metals Corp. (RFMCF) holds total assets worth $338.75K USD as of December 2024.
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.
Refined Metals Corp. - Total Assets Trend (2019–2024)
This chart illustrates how Refined Metals Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Refined Metals Corp. - Asset Composition Analysis
Current Asset Composition (June 2024)
Refined Metals Corp.'s total assets of $338.75K consist of 83.3% current assets and 16.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 51.6% |
| 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 (2019–2024)
This chart illustrates how Refined Metals Corp.'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: Refined Metals Corp.'s current assets represent 83.3% of total assets in 2024, an increase from 15.5% in 2019.
- Cash Position: Cash and equivalents constituted 51.6% of total assets in 2024, up from 1.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 20.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Refined Metals Corp. Competitors by Total Assets
Key competitors of Refined Metals Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 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 |
Refined Metals Corp. - 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 - Refined Metals Corp. 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 - Refined Metals Corp. is currently not profitable relative to its asset base.
Refined Metals Corp. - 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 | 0.18 | 0.18 | 0.51 |
| Quick Ratio | 0.18 | 0.18 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-728.65K | $ -710.18K | $ -1.42 Million |
Refined Metals Corp. - Advanced Valuation Insights
This section examines the relationship between Refined Metals Corp.'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 | 1280.63 |
| Latest Market Cap to Assets Ratio | 14.35 |
| Asset Growth Rate (YoY) | -61.0% |
| Total Assets | $335.94K |
| Market Capitalization | $4.82 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Refined Metals Corp.'s assets at a significant premium ( 14.35x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Refined Metals Corp.'s assets decreased by 61.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Refined Metals Corp. (2019–2024)
The table below shows the annual total assets of Refined Metals Corp. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $335.94K | -61.03% |
| 2023-06-30 | $862.12K | +203.63% |
| 2022-06-30 | $283.94K | -92.00% |
| 2021-06-30 | $3.55 Million | -84.18% |
| 2020-06-30 | $22.44 Million | -33.46% |
| 2019-06-30 | $33.72 Million | -- |