Richmond Minerals Inc (RMD) - Total Assets
Based on the latest financial reports, Richmond Minerals Inc (RMD) holds total assets worth CA$2.57 Million CAD (≈ $1.86 Million USD) as of November 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. See net assets of Richmond Minerals Inc for net asset value and shareholders' equity analysis.
Richmond Minerals Inc - Total Assets Trend (2014–2024)
This chart illustrates how Richmond Minerals Inc's total assets have evolved over time, based on quarterly financial data.
Richmond Minerals Inc - Asset Composition Analysis
Current Asset Composition (May 2024)
Richmond Minerals Inc's total assets of CA$2.57 Million consist of 20.7% current assets and 79.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 13.9% |
| 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 (2014–2024)
This chart illustrates how Richmond Minerals 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. For live market cap, price, and company overview, see Richmond Minerals Inc (RMD) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Richmond Minerals Inc's current assets represent 20.7% of total assets in 2024, a decrease from 64.0% in 2014.
- Cash Position: Cash and equivalents constituted 13.9% of total assets in 2024, down from 34.4% 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 goodwill at 0.0% of total assets.
Richmond Minerals Inc Competitors by Total Assets
Key competitors of Richmond Minerals Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL
|
South Africa | ZAC170.67 Billion |
|
Avino Silver & Gold Mines Ltd
TO:ASM
|
Canada | CA$221.86 Million |
|
Antipa Minerals Ltd
AU:AZY
|
Australia | AU$103.69 Million |
|
Terra Metals Ltd
AU:TM1
|
Australia | AU$4.24 Million |
|
Bougainville Copper Ltd
AU:BOC
|
Australia | AU$90.94 Million |
|
Alicanto Minerals Ltd
AU:AQI
|
Australia | AU$4.98 Million |
|
BHMINESLTD FPO [BHM]
AU:BHM
|
Australia | AU$24.54 Million |
|
Austral Gold Ltd
V:AGLD
|
Canada | CA$74.09 Million |
Richmond Minerals Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.91 | 0.46 | 1.59 |
| Quick Ratio | 0.91 | 0.46 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-34.41K | CA$-166.39K | CA$218.68K |
Richmond Minerals Inc - Advanced Valuation Insights
This section examines the relationship between Richmond Minerals 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 | 1.81 |
| Latest Market Cap to Assets Ratio | 1.35 |
| Asset Growth Rate (YoY) | -6.6% |
| Total Assets | CA$2.81 Million |
| Market Capitalization | $3.80 Million USD |
Valuation Analysis
Above Book Valuation: The market values Richmond Minerals Inc's assets above their book value (1.35x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Richmond Minerals Inc's assets decreased by 6.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Richmond Minerals Inc (2014–2024)
The table below shows the annual total assets of Richmond Minerals Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-05-31 | CA$2.81 Million ≈ $2.03 Million |
-6.59% |
| 2023-05-31 | CA$3.01 Million ≈ $2.18 Million |
-0.09% |
| 2022-05-31 | CA$3.01 Million ≈ $2.18 Million |
-0.94% |
| 2021-05-31 | CA$3.04 Million ≈ $2.20 Million |
+20.15% |
| 2020-05-31 | CA$2.53 Million ≈ $1.83 Million |
+64.87% |
| 2019-05-31 | CA$1.53 Million ≈ $1.11 Million |
+7.10% |
| 2018-05-31 | CA$1.43 Million ≈ $1.04 Million |
+40.48% |
| 2017-05-31 | CA$1.02 Million ≈ $737.46K |
+31.69% |
| 2016-05-31 | CA$774.11K ≈ $559.98K |
-17.20% |
| 2015-05-31 | CA$934.92K ≈ $676.31K |
+22.62% |
| 2014-05-31 | CA$762.45K ≈ $551.55K |
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About Richmond Minerals Inc
Richmond Minerals Inc. engages in the exploration, development, and evaluation of base and precious metals in Canada. It holds 100% interest in Ridley Lake Gold property which consists of 196 contiguous unpatented mineral claims located in the Swayze Area, Porcupine Mining Division, Raney and Rollo Townships, Ontario. The company was formerly known as Aavdex Corp. and changed its name to Richmond… Read more