Rio2 Ltd

V:RIO Canada Gold
Market Cap
$545.02 Million
CA$782.78 Million CAD
Market Cap Rank
#10331 Global
#33 in Canada
Share Price
CA$1.83
Change (1 day)
+0.55%
52-Week Range
CA$0.75 - CA$1.83
All Time High
CA$2.85
About

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. Its principal project holds 100% interests in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.

Rio2 Ltd (RIO) - Total Assets

Latest total assets as of June 2025: CA$210.32 Million CAD

Based on the latest financial reports, Rio2 Ltd (RIO) holds total assets worth CA$210.32 Million CAD as of June 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.

Rio2 Ltd - Total Assets Trend (2001–2024)

This chart illustrates how Rio2 Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Rio2 Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Rio2 Ltd's total assets of CA$210.32 Million consist of 26.1% current assets and 73.9% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 25.9%
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 (2001–2024)

This chart illustrates how Rio2 Ltd'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: Rio2 Ltd's current assets represent 26.1% of total assets in 2024, a decrease from 46.2% in 2001.
  • Cash Position: Cash and equivalents constituted 25.9% of total assets in 2024, down from 45.9% in 2001.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Rio2 Ltd Competitors by Total Assets

Key competitors of Rio2 Ltd 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

Rio2 Ltd - 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

Historical Range: 0.00 - 0.00

Lower asset utilization - Rio2 Ltd generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -125.69% - 0.75%

Negative ROA - Rio2 Ltd is currently not profitable relative to its asset base.

Rio2 Ltd - 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 2.10 24.96 18.34
Quick Ratio 2.10 24.96 18.34
Cash Ratio 0.00 0.00 0.00
Working Capital CA$18.59 Million CA$ 16.27 Million CA$ 7.41 Million

Rio2 Ltd - Advanced Valuation Insights

This section examines the relationship between Rio2 Ltd'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 4.62
Latest Market Cap to Assets Ratio 2.86
Asset Growth Rate (YoY) 21.6%
Total Assets CA$173.80 Million
Market Capitalization $497.07 Million USD

Valuation Analysis

Premium Asset Valuation: The market values Rio2 Ltd's assets at a significant premium ( 2.86x), suggesting investors see substantial growth potential or unique competitive advantages.

Rapid Asset Growth: Rio2 Ltd's assets grew by 21.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Rio2 Ltd (2001–2024)

The table below shows the annual total assets of Rio2 Ltd from 2001 to 2024.

Year Total Assets Change
2024-12-31 CA$173.80 Million +21.57%
2023-12-31 CA$142.96 Million +24.25%
2022-12-31 CA$115.06 Million +20.24%
2021-12-31 CA$95.70 Million +30.22%
2020-12-31 CA$73.49 Million +2.06%
2019-12-31 CA$72.00 Million +37.79%
2018-12-31 CA$52.26 Million -49.26%
2018-03-31 CA$102.98 Million +2180.48%
2017-12-31 CA$4.52 Million -95.77%
2017-03-31 CA$106.74 Million +7845.73%
2016-12-31 CA$1.34 Million -98.66%
2016-03-31 CA$99.90 Million +1072266.58%
2015-12-31 CA$9.32K -99.99%
2015-03-31 CA$95.49 Million +288462.77%
2014-12-31 CA$33.09K -99.96%
2014-03-31 CA$84.51 Million +86987.57%
2013-12-31 CA$97.04K -32.30%
2012-12-31 CA$143.33K -50.52%
2011-12-31 CA$289.67K +1605.03%
2010-12-31 CA$16.99K -18.17%
2009-12-31 CA$20.76K -96.81%
2008-12-31 CA$651.47K -51.97%
2007-12-31 CA$1.36 Million +522.59%
2006-12-31 CA$217.87K +29.73%
2005-12-31 CA$167.93K -59.23%
2004-12-31 CA$411.94K +110.06%
2003-12-31 CA$196.11K +18.68%
2002-12-31 CA$165.24K +6.19%
2001-12-31 CA$155.60K --