Renegade Gold Inc.
Renegade Gold Inc. engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. It explores for gold and copper deposits. The company's flagship project is the 100% owned Newman Todd Project located to the Red Lake District. The company was formerly known as Trillium Gold Mines Inc. and changed its name to Re… Read more
Renegade Gold Inc. (RAGE) - Total Assets
Latest total assets as of March 2024: CA$18.92 Million CAD
Based on the latest financial reports, Renegade Gold Inc. (RAGE) holds total assets worth CA$18.92 Million CAD as of March 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.
Renegade Gold Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Renegade Gold Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Renegade Gold Inc. - Asset Composition Analysis
Current Asset Composition (June 2023)
Renegade Gold Inc.'s total assets of CA$18.92 Million consist of 11.6% current assets and 88.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.1% |
| Accounts Receivable | CA$439.86K | 2.2% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Renegade Gold 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: Renegade Gold Inc.'s current assets represent 11.6% of total assets in 2023, a decrease from 29.7% in 2020.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2023, down from 29.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 2.2% of total assets.
Renegade Gold Inc. Competitors by Total Assets
Key competitors of Renegade Gold 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 | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Renegade Gold Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Renegade Gold Inc. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Renegade Gold Inc. is currently not profitable relative to its asset base.
Renegade Gold Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.34 | 0.17 | 0.17 |
| Quick Ratio | 0.34 | 0.17 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-4.39 Million | CA$ -1.25 Million | CA$ -1.25 Million |
Renegade Gold Inc. - Advanced Valuation Insights
This section examines the relationship between Renegade Gold 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 | 0.96 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | 46.0% |
| Total Assets | CA$19.68 Million |
| Market Capitalization | $7.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values Renegade Gold Inc.'s assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Renegade Gold Inc.'s assets grew by 46.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Renegade Gold Inc. (2020–2023)
The table below shows the annual total assets of Renegade Gold Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | CA$19.68 Million | +45.99% |
| 2022-06-30 | CA$13.48 Million | -20.10% |
| 2021-06-30 | CA$16.87 Million | +169.17% |
| 2020-06-30 | CA$6.27 Million | -- |