Rio2 Financials

RIO Stock  CAD 0.67  0.01  1.47%   
We recommend to use Rio2 analysis to find out if markets are presently mispricing the firm. We were able to interpolate twenty-seven available financial ratios for Rio2, which can be compared to its competitors. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Rio2 to be traded at C$0.6499 in 90 days. Key indicators impacting Rio2's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio8.117.7216
Sufficiently Up
Slightly volatile
  
Understanding current and past Rio2 Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Rio2's financial statements are interrelated, with each one affecting the others. For example, an increase in Rio2's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Rio2's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rio2. Check Rio2's Beneish M Score to see the likelihood of Rio2's management manipulating its earnings.

Rio2 Stock Summary

Rio2 competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Rio2 Limited operates as a precious metals company in Americas. Rio2 Limited was incorporated in 1990 and is based in Vancouver, Canada. RIO2 operates under Gold classification in Canada and is traded on TSX Venture Exchange.
Foreign Associates
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA7672171021
Business AddressThe Marine Building,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.rio2.com
Phone604 762 4720
CurrencyCAD - Canadian Dollar
You should never invest in Rio2 without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Rio2 Stock, because this is throwing your money away. Analyzing the key information contained in Rio2's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Rio2 Key Financial Ratios

There are many critical financial ratios that Rio2's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Rio2 reports annually and quarterly.

Rio2 Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets72.0M73.5M95.7M115.1M143.0M150.1M
Net Debt(4.1M)(2.1M)(20.9M)(4.0M)(5.4M)(5.1M)
Retained Earnings(29.1M)(39.2M)(48.8M)(51.1M)(83.7M)(79.5M)
Accounts Payable3.0M2.2M2.8M1.3M1.5M1.6M
Cash4.1M2.6M21.3M4.7M6.0M6.3M
Total Liab3.0M6.4M7.3M33.2M46.4M48.7M
Total Current Assets15.1M3.8M23.1M5.5M6.5M6.8M
Net Receivables76.8K6.4K248.7K364.1K16.7K15.8K
Other Current Liab7.7K7.8K713.4K164.8K636.2K668.0K
Inventory(27.6K)189.8K(388.4K)(146K)1.01.05
Other Current Assets117.8K217.7K1.9M557.3K375.8K405.8K
Net Tangible Assets90.0M65.7M88.3M81.8M94.1M63.5M
Common Stock91.8M98.8M127.2M128.5M169.9M178.3M
Net Invested Capital90.2M85.6M88.4M81.8M94.1M77.0M
Net Working Capital15.8M1.9M19.4M3.8M4.4M8.3M
Capital Stock91.8M98.8M127.2M128.5M147.8M112.6M

Rio2 Key Income Statement Accounts

201920202021202220232024 (projected)
Gross Profit(39.1K)(78.6K)(76.2K)(2.3M)(3.1M)(2.9M)
Operating Income(6.2M)(7.4M)(13.3M)(13.7M)(10.7M)(10.2M)
Ebit(6.2M)(7.5M)(13.7M)(15.1M)(10.7M)(10.2M)
Ebitda(6.1M)(7.4M)(13.0M)(11.2M)(7.6M)(7.3M)
Cost Of Revenue39.1K78.6K76.2K2.3M3.1M3.2M
Net Income(8.0M)(9.4M)(10.5M)(2.3M)(16.7M)(15.8M)
Income Tax Expense848.5K933.8K16.1K33.0K21.8K20.7K
Income Before Tax(8.0M)(9.4M)(10.5M)(2.3M)(16.7M)(15.8M)
Net Interest Income123.6K115.6K15.3K(2.1M)(2.8M)(2.7M)
Interest Income123.6K115.6K15.3K53.7K188.2K197.6K

Rio2 Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.3M(1.6M)18.7M(16.7M)(340.5K)(357.6K)
Free Cash Flow(8.8M)(15.3M)(15.2M)(35.5M)(3.1M)(3.2M)
Depreciation39.1K78.6K293.1K2.5M3.1M3.2M
Capital Expenditures3.3M6.8M5.9M31.6M2.6M2.8M
Net Income(8.0M)(9.4M)(10.5M)(2.3M)(16.7M)(15.8M)
End Period Cash Flow4.1M2.6M21.3M4.7M6.0M6.3M
Change To Netincome1.9M1.6M2.0M3.9M4.5M4.7M
Investments(14.1M)10.1M785.4K(31.6M)(4.2M)(4.4M)

Rio2 Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rio2's current stock value. Our valuation model uses many indicators to compare Rio2 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rio2 competition to find correlations between indicators driving Rio2's intrinsic value. More Info.
Rio2 is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers . At this time, Rio2's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rio2's earnings, one of the primary drivers of an investment's value.

Rio2 Systematic Risk

Rio2's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rio2 volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Rio2 correlated with the market. If Beta is less than 0 Rio2 generally moves in the opposite direction as compared to the market. If Rio2 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rio2 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rio2 is generally in the same direction as the market. If Beta > 1 Rio2 moves generally in the same direction as, but more than the movement of the benchmark.

Rio2 Total Assets Over Time

Today, most investors in Rio2 Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rio2's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rio2 growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.009944)

At this time, Rio2's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Rio2 November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Rio2 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rio2. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rio2 based on widely used predictive technical indicators. In general, we focus on analyzing Rio2 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rio2's daily price indicators and compare them against related drivers.

Additional Tools for Rio2 Stock Analysis

When running Rio2's price analysis, check to measure Rio2's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.