RT Minerals Corp
RT Minerals Corp, a junior exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It also explores for gold and base metals. The company owns a 100% interest in the Norwalk gold property comprising three unpatented mineral claims that includes 29 units covering an area of 445 hectares located in Wawa, Ontario. It also holds an option to acqui… Read more
RT Minerals Corp (RTMFD) - Total Assets
Latest total assets as of November 2022: $1.66 Million USD
Based on the latest financial reports, RT Minerals Corp (RTMFD) holds total assets worth $1.66 Million USD as of November 2022.
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.
RT Minerals Corp - Total Assets Trend (2014–2022)
This chart illustrates how RT Minerals Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RT Minerals Corp - Asset Composition Analysis
Current Asset Composition (November 2022)
RT Minerals Corp's total assets of $1.66 Million consist of 9.8% current assets and 90.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $6.53K | 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 (2014–2022)
This chart illustrates how RT Minerals 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: RT Minerals Corp's current assets represent 9.8% of total assets in 2022, an increase from 5.3% in 2014.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2022, down from 1.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
RT Minerals Corp Competitors by Total Assets
Key competitors of RT Minerals Corp 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 |
RT Minerals 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 - RT Minerals 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 - RT Minerals Corp is currently not profitable relative to its asset base.
RT Minerals 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 | 0.28 | 0.13 | 0.57 |
| Quick Ratio | 0.28 | 0.13 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-408.66K | $ -226.22K | $ -76.72K |
RT Minerals Corp - Advanced Valuation Insights
This section examines the relationship between RT Minerals 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 | - |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | -44.6% |
| Total Assets | $1.66 Million |
| Market Capitalization | $320.14K USD |
Valuation Analysis
Below Book Valuation: The market values RT Minerals Corp's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: RT Minerals Corp's assets decreased by 44.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RT Minerals Corp (2014–2022)
The table below shows the annual total assets of RT Minerals Corp from 2014 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-11-30 | $1.66 Million | -44.61% |
| 2021-11-30 | $3.00 Million | +24.43% |
| 2020-11-30 | $2.41 Million | +133.89% |
| 2019-11-30 | $1.03 Million | -34.36% |
| 2017-11-30 | $1.57 Million | +111.94% |
| 2016-11-30 | $740.96K | +196.87% |
| 2015-11-30 | $249.59K | +171.11% |
| 2014-11-30 | $92.06K | -- |