Remington Resources Inc
Remington Resources Inc., a natural resource company, engages in the acquisition and exploration of mineral properties in Canada. The company was formerly known as Goldera Resources Inc. and changed its name to Remington Resources Inc. in April 2006. Remington Resources Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.
Remington Resources Inc (RGM-H) - Total Assets
Latest total assets as of September 2025: CA$1.58K CAD
Based on the latest financial reports, Remington Resources Inc (RGM-H) holds total assets worth CA$1.58K CAD 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.
Remington Resources Inc - Total Assets Trend (2017–2024)
This chart illustrates how Remington Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Remington Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Remington Resources Inc's total assets of CA$1.58K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 98.2% |
| Accounts Receivable | CA$0.00 | 0.0% |
| 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 (2017–2024)
This chart illustrates how Remington Resources 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: Remington Resources Inc's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 98.2% of total assets in 2024, up from 4.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Remington Resources Inc Competitors by Total Assets
Key competitors of Remington Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 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 |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Remington Resources 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 - Remington Resources 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 - Remington Resources Inc is currently not profitable relative to its asset base.
Remington Resources 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 | 0.00 | 0.02 | 0.02 |
| Quick Ratio | 0.00 | 0.02 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.04 Million | CA$ -883.30K | CA$ -714.33K |
Remington Resources Inc - Advanced Valuation Insights
This section examines the relationship between Remington Resources 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 | 73.39 |
| Latest Market Cap to Assets Ratio | 70.48 |
| Asset Growth Rate (YoY) | -0.5% |
| Total Assets | CA$5.73K |
| Market Capitalization | $403.79K USD |
Valuation Analysis
Premium Asset Valuation: The market values Remington Resources Inc's assets at a significant premium ( 70.48x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Remington Resources Inc's assets decreased by 0.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Remington Resources Inc (2017–2024)
The table below shows the annual total assets of Remington Resources Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$5.73K | -0.54% |
| 2023-12-31 | CA$5.76K | -62.96% |
| 2022-12-31 | CA$15.55K | -95.75% |
| 2021-12-31 | CA$365.82K | +2707.11% |
| 2020-12-31 | CA$13.03K | -63.08% |
| 2019-12-31 | CA$35.29K | -89.54% |
| 2018-12-31 | CA$337.55K | +969.61% |
| 2017-12-31 | CA$31.56K | -- |