Richmond Minerals Inc
Richmond Minerals Inc. engages in the exploration, development, and evaluation of base and precious metals in Canada. It holds 100% interest in Ridley Lake Gold property which consists of 196 contiguous unpatented mineral claims located in the Swayze Area, Porcupine Mining Division, Raney and Rollo Townships, Ontario. The company was formerly known as Aavdex Corp. and changed its name to Richmond… Read more
Richmond Minerals Inc (RMDFF) - Total Assets
Latest total assets as of November 2025: $2.57 Million USD
Based on the latest financial reports, Richmond Minerals Inc (RMDFF) holds total assets worth $2.57 Million USD as of November 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.
Richmond Minerals Inc - Total Assets Trend (1999–2025)
This chart illustrates how Richmond Minerals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Richmond Minerals Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Richmond Minerals Inc's total assets of $2.57 Million consist of 4.4% current assets and 95.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| 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 (1999–2025)
This chart illustrates how Richmond Minerals 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: Richmond Minerals Inc's current assets represent 4.4% of total assets in 2025, an increase from 0.9% in 1999.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2025, up from 0.0% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Richmond Minerals Inc Competitors by Total Assets
Key competitors of Richmond Minerals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Richmond Minerals 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 - Richmond Minerals 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 - Richmond Minerals Inc is currently not profitable relative to its asset base.
Richmond Minerals 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 | 0.91 | 0.46 | 0.94 |
| Quick Ratio | 0.91 | 0.46 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-34.41K | $ -166.39K | $ -19.65K |
Richmond Minerals Inc - Advanced Valuation Insights
This section examines the relationship between Richmond Minerals 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 | 0.37 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -16.7% |
| Total Assets | $2.34 Million |
| Market Capitalization | $71.83K USD |
Valuation Analysis
Below Book Valuation: The market values Richmond Minerals Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Richmond Minerals Inc's assets decreased by 16.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Richmond Minerals Inc (1999–2025)
The table below shows the annual total assets of Richmond Minerals Inc from 1999 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $2.34 Million | -16.71% |
| 2024-05-31 | $2.81 Million | -6.59% |
| 2023-05-31 | $3.01 Million | -0.09% |
| 2022-05-31 | $3.01 Million | -0.94% |
| 2021-05-31 | $3.04 Million | +20.15% |
| 2020-05-31 | $2.53 Million | +64.87% |
| 2019-05-31 | $1.53 Million | +7.10% |
| 2018-05-31 | $1.43 Million | +40.48% |
| 2017-05-31 | $1.02 Million | +31.69% |
| 2016-05-31 | $774.11K | -17.20% |
| 2015-05-31 | $934.92K | +22.62% |
| 2014-05-31 | $762.45K | +135.08% |
| 2013-05-31 | $324.34K | -49.15% |
| 2012-05-31 | $637.78K | -76.90% |
| 2011-05-31 | $2.76 Million | -1.47% |
| 2010-05-31 | $2.80 Million | +20.72% |
| 2009-05-31 | $2.32 Million | -23.06% |
| 2008-05-31 | $3.02 Million | +73.46% |
| 2007-05-31 | $1.74 Million | +49.56% |
| 2006-05-31 | $1.16 Million | +69.82% |
| 2005-05-31 | $684.84K | +1.03% |
| 2004-05-31 | $677.86K | -3.62% |
| 2003-05-31 | $703.33K | -17.69% |
| 2002-05-31 | $854.45K | +0.61% |
| 2001-05-31 | $849.23K | +6.28% |
| 2000-05-31 | $799.06K | -81.78% |
| 1999-05-31 | $4.39 Million | -- |