Rackla Metals Inc
Rackla Metals Inc., gold exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold deposit. Its flagship project is the Grad property consisting of five claims covering an area of approximately 5,525 hectares located in the Northwest Territories, Canada. Rackla Metals Inc. was incorporated in 2011 and is headquarter… Read more
Rackla Metals Inc (RMETF) - Total Assets
Latest total assets as of September 2025: $13.14 Million USD
Based on the latest financial reports, Rackla Metals Inc (RMETF) holds total assets worth $13.14 Million 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.
Rackla Metals Inc - Total Assets Trend (2011–2024)
This chart illustrates how Rackla Metals Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rackla Metals Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Rackla Metals Inc's total assets of $13.14 Million consist of 73.8% current assets and 26.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 35.2% |
| Accounts Receivable | $19.82K | 0.4% |
| 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 (2011–2024)
This chart illustrates how Rackla Metals 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: Rackla Metals Inc's current assets represent 73.8% of total assets in 2024, an increase from 26.2% in 2011.
- Cash Position: Cash and equivalents constituted 35.2% of total assets in 2024, up from 16.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Rackla Metals Inc Competitors by Total Assets
Key competitors of Rackla Metals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
Rackla Metals 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 - Rackla Metals 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 - Rackla Metals Inc is currently not profitable relative to its asset base.
Rackla Metals 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 | 9.90 | 4.47 | 0.77 |
| Quick Ratio | 9.90 | 4.47 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.48 Million | $ 2.18 Million | $ -11.19K |
Rackla Metals Inc - Advanced Valuation Insights
This section examines the relationship between Rackla Metals 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 | 2.05 |
| Latest Market Cap to Assets Ratio | 2.88 |
| Asset Growth Rate (YoY) | 66.1% |
| Total Assets | $4.52 Million |
| Market Capitalization | $13.03 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Rackla Metals Inc's assets at a significant premium ( 2.88x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Rackla Metals Inc's assets grew by 66.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Rackla Metals Inc (2011–2024)
The table below shows the annual total assets of Rackla Metals Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.52 Million | +66.07% |
| 2023-12-31 | $2.72 Million | -41.56% |
| 2022-12-31 | $4.66 Million | +253.34% |
| 2021-12-31 | $1.32 Million | +1126.66% |
| 2020-12-31 | $107.56K | +33.87% |
| 2019-12-31 | $80.35K | -49.83% |
| 2018-12-31 | $160.17K | -56.29% |
| 2017-12-31 | $366.47K | +250.37% |
| 2016-12-31 | $104.60K | -54.80% |
| 2015-12-31 | $231.42K | +10.70% |
| 2014-12-31 | $209.04K | -82.88% |
| 2013-12-31 | $1.22 Million | -78.55% |
| 2012-12-31 | $5.69 Million | -7.25% |
| 2011-12-31 | $6.14 Million | -- |