Rackla Metals Inc. - RMETF

RMETF Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
RMETF	0	75	0	0	16.7	-22.2	-78.8	-18.6	27.3	-95.2
S&P 500	0.3	1.8	2.1	5.3	9.8	25.4	38.4	83.5	197.4	34455.5

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Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	RMETF
name	Rackla Metals Inc.
price	0.07
changes percentage	0
change	0
day low	0.07
day high	0.07
year high	0.25
year low	0.02
market cap	7525770
price avg 50	0.06664
price avg 200	0.06906
exchange	PNK
volume	13000
avg volume	1650
open	0.07
previous close	None
eps	-0.03
pe	-2.33
earnings announcement	2024-12-13T18:00:00.000+0000
shares outstanding	107511000
timestamp	2025-01-22 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 10.0%

Overall Quarterly Financial Health: 27.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	-14463	-1271.88	-1037.13
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	5518132	395787	1294.22
interest income	89891	9285	868.13
interest expense	2145	0	NaN
ebitda	-5532146	-1621103	-241.26
ebitdaratio	0	0	NaN
operating income	-5518132	896098	-715.80
operating income ratio	0	0	NaN
net income	-4849033	-1678387	-188.91
net income ratio	0	0	NaN
eps	-0.08	-0.04	-110.46

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	0	0	NaN
gross profit	-6825	-6341	-7.63
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	-6825	787473	-100.87
interest income	30213	13363	126.09
interest expense	372	492	-24.39
ebitda	-1974881	-868292	-127.44
ebitdaratio	0	0	NaN
operating income	0	-787473	100.00
operating income ratio	0	0	NaN
net income	-1481087	-810982	-82.63
net income ratio	0	0	NaN
eps	-0.02	-0.01	-82.69

Overall Score of Quarterly Income Statement

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -7.63%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -2 million in 2024Q3 from -1 million in 2024Q2 representing a change of -127.44%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to -1 million in 2024Q3 from -1 million in 2024Q2 representing a change of -82.63%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.02 in 2024Q3 from -0.02 in 2024Q2 representing a change of -82.69%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 0 million in 2024Q3 from 1 million in 2024Q2 representing a change of -100.87%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Operating Income: Operating income increased to 0 million in 2024Q3 from -1 million in 2024Q2 representing a change of 100.0%. The increase in operating income indicates better operational performance and increased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	2724419	4662131	-41.56
total liabilities	500261	1253257	-60.08
total equity	2224158	3408874	-34.75
cash and cash equivalents	1181671	4427903	-73.31
short term investments	1501	3001	-49.98
long term investments	0	0	NaN
total current assets	1629932	4442533	-63.31
total non current assets	1094487	219598	398.40
total current liabilities	493845	1253257	-60.60
total non current liabilities	6416	0	NaN
common stock	16237918	13578009	19.59
retained earnings	-14944630	-10158411	-47.12
total debt	24374	0	NaN

Overall Score of Annual Balance Sheet

0.3 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 3 million in 2023 from 5 million in 2022 representing a change of -41.56%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 2 million in 2023 from 3 million in 2022 representing a change of -34.75%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 1 million in 2023 from 4 million in 2022 representing a change of -73.31%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 0 million in 2022 representing a change of -49.98%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 2 million in 2023 from 4 million in 2022 representing a change of -63.31%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -15 million in 2023 from -10 million in 2022 representing a change of -47.12%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 0 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates an increase in overall debt burden.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 1 million in 2023 from 1 million in 2022 representing a change of -60.08%. This indicates a decrease in overall liabilities.

  Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2023 from 1 million in 2022 representing a change of -60.6%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 16 in 2023 from 14 in 2022 representing a change of 19.59%. This indicates an increase in ownership interest.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	3914274	5792785	-32.43
total liabilities	627063	1024300	-38.78
total equity	3287211	4768485	-31.06
cash and cash equivalents	725277	4512605	-83.93
short term investments	1314	1501	-12.46
long term investments	0	0	NaN
total current assets	2805616	4683090	-40.09
total non current assets	1108658	1109695	-0.09
total current liabilities	627063	1024300	-38.78
total non current liabilities	0	0.0	-100.00
common stock	19964409	19964409	0.00
retained earnings	-17658260	-16177173	-9.16
total debt	11085	15630	-29.08

Overall Score of Quarterly Balance Sheet

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 4 million in 2024Q3 from 6 million in 2024Q2 representing a change of -32.43%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 3 million in 2024Q3 from 5 million in 2024Q2 representing a change of -31.06%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 1 million in 2024Q3 from 5 million in 2024Q2 representing a change of -83.93%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -12.46%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 3 million in 2024Q3 from 5 million in 2024Q2 representing a change of -40.09%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -18 million in 2024Q3 from -16 million in 2024Q2 representing a change of -9.16%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 1 million in 2024Q3 from 1 million in 2024Q2 representing a change of -38.78%. This indicates a decrease in overall liabilities.

  Total Current Liabilities: Total Current Liabilities decreased to 1 million in 2024Q3 from 1 million in 2024Q2 representing a change of -38.78%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -29.08%. This indicates a reduction in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-3246232	4402108	-173.74
operating cash flow	-5296421	-483839	-994.67
free cash flow	-5614485	-673717	-733.36
capital expenditure	-318064	-189878	-67.51
depreciation and amortization	0	20.0	-100.00
deferred income tax	0	0	NaN
stock based compensation	806.32	0	NaN
accounts payables	228985	-23887	1058.62
inventory	0	5884	-100.00
acquisitions net	0	-58.48	100.00
investments in property plant and equipment	-318064	-189878	-67.51
net cash used for investing activites	-358064	-189878	-88.58
debt repayment	-10970	0	NaN
common stock issued	2786975	5076025	-45.10
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	2408253	5075825	-52.55
cash at end of period	1181671	4427903	-73.31
accounts receivables	0	-5884	100.00
cash at beginning of period	4427903	25795	17065.74

Overall Score of Annual Cashflow Statement

None

Detailed Analysis

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	-1840884	-680869	-170.37
free cash flow	-1842765	-707869	-160.33
capital expenditure	-1881	-27000	93.03
depreciation and amortization	6825	6341	7.63
deferred income tax	-500991	-64143	-681.05
stock based compensation	0	0	NaN
accounts receivables	-49432	0	NaN
accounts payables	114782	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-1881	-27000	93.03
net cash used for investing activites	-5788	-27000	78.56
debt repayment	-4545	-4427	-2.67
common stock issued	0	4656184	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-4545	4496407	-100.10
net change in cash	-1851217	3788538	-148.86
cash at end of period	2661388	4512605	-41.02
cash at beginning of period	4512605	724067	523.23

Overall Score of Quarterly Cashflow Statement

0.17 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -2 million in 2024Q3 from 4 million in 2024Q2 representing a change of -148.86%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to -2 million in 2024Q3 from -1 million in 2024Q2 representing a change of -170.37%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -2 million in 2024Q3 from -1 million in 2024Q2 representing a change of -160.33%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 93.03%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Payables: The absolute value of Accounts Payables increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This indicates that the company has increased its outstanding obligations to its suppliers.

• 📈 Positive Indicators

  Accounts Receivables: Accounts Receivables decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0	0	NaN
net income per share	-0.08	-0.04	-110.57
operating cash flow per share	-0.09	-0.01	-697.84
free cash flow per share	-0.09	-0.01	-507.39
cash per share	0.02	0.1	-80.54
book value per share	0.04	0.08	-52.45
tangible book value per share	0.04	0.08	-52.45
shareholders equity per share	0.04	0.08	-52.45
interest debt per share	0.0	0	NaN
market cap	16366299.04	17081210.94	-4.19
enterprise value	15209002.04	12653307.94	20.20
pe ratio	-3.38	-10.18	66.84
price to sales ratio	0	0	NaN
pocfratio	-3.09	-35.3	91.25
pfcf ratio	-2.92	-25.35	88.50
pb ratio	7.36	5.01	46.85
ptb ratio	7.36	5.01	46.85
ev to sales	0	0	NaN
enterprise value over ebitda	-2.75	-7.81	64.78
ev to operating cash flow	-2.87	-26.15	89.02
ev to free cash flow	-2.71	-18.78	85.58
earnings yield	-0.3	-0.1	-201.53
free cash flow yield	-0.34	-0.04	-769.76
debt to equity	0.01	0	NaN
debt to assets	0.01	0	NaN
net debt to ebitda	0.21	2.73	-92.34
current ratio	3.3	3.54	-6.89
interest coverage	-2572.56	0	NaN
income quality	1.09	0.29	278.89
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.06	-0.39	84.70
capex to revenue	0	0	NaN
capex to depreciation	0	9493.43	-100.00
stock based compensation to revenue	0	0	NaN
graham number	0.25	0.25	0.07
roic	-2.48	0.46	-635.80
return on tangible assets	-1.78	-0.36	-394.39
graham net net	0.01	0.07	-84.37
working capital	1136087	3189276	-64.38
tangible asset value	2224158	3408874	-34.75
net current asset value	1129671	3189276	-64.58
invested capital	2129574	3347874	-36.39
average receivables	4164.5	5387	-22.69
average payables	201626	99077	103.50
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	6961.88	36557.85	-80.96
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.05	0.01	425.11
inventory turnover	0	0	NaN
roe	-2.18	-0.49	-342.80
capex per share	0.01	0.0	22.09

• Negative

  ROE: Return on Equity (ROE) decreased to -2.18 on 2023-12-31 from -0.49 on 2022-12-31, representing a change of -342.80%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 3.30 on 2023-12-31 from 3.54 on 2022-12-31, representing a change of -6.89%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -3.38 on 2023-12-31 from -10.18 on 2022-12-31, representing a change of 66.84%. Indicating an increase in the relative valuation of the company's stock.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
RMETF
calendar year	2024	2024	NaN
revenue per share	0	0	NaN
net income per share	-0.02	-0.01	-82.63
operating cash flow per share	-0.02	-0.01	-170.37
free cash flow per share	-0.02	-0.01	-160.33
cash per share	0.01	0.06	-83.90
book value per share	0.04	0.06	-31.06
tangible book value per share	0.04	0.06	-31.06
shareholders equity per share	0.04	0.06	-31.06
interest debt per share	0.0	0.0	-28.94
market cap	7378261.32	6395207.55	15.37
enterprise value	6664069.32	1898232.55	251.07
pe ratio	-1.25	-1.97	36.83
price to sales ratio	0	0	NaN
pocfratio	-4.01	-9.39	57.33
pfcf ratio	-4.0	-9.03	55.68
pb ratio	2.24	1.34	67.36
ptb ratio	2.24	1.34	67.36
ev to sales	0	0	NaN
enterprise value over ebitda	-3.37	-2.19	-54.35
ev to operating cash flow	-3.62	-2.79	-29.85
ev to free cash flow	-3.62	-2.68	-34.86
earnings yield	-0.2	-0.13	-58.30
free cash flow yield	-0.25	-0.11	-125.64
debt to equity	0.0	0.0	2.88
debt to assets	0.0	0.0	4.96
net debt to ebitda	0.36	5.18	-93.02
current ratio	4.47	4.57	-2.14
interest coverage	0	-1600.55	100.00
income quality	1.24	0.84	48.04
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.0	-0.04	97.42
capex to revenue	0	0	NaN
capex to depreciation	0.28	4.26	-93.53
stock based compensation to revenue	0	0	NaN
graham number	0.13	0.12	12.20
roic	0	-0.15	100.00
return on tangible assets	-0.38	-0.14	-170.27
graham net net	0.0	0.04	-95.31
working capital	2178553	3658790	-40.46
tangible asset value	3287211	4768485	-31.06
net current asset value	2178553	3658790	-40.46
invested capital	3182304	4667485	-31.82
average receivables	42825	0	NaN
average payables	303617	154043	97.10
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	4760.55	3494.77	36.22
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0.02	0.03	-26.59
inventory turnover	0	0	NaN
roe	-0.45	-0.17	-164.92
capex per share	0.0	0.0	-93.03

• Negative

  ROE: Return on Equity (ROE) decreased to -0.45 on 2024-09-30 Q3 from -0.17 on 2024-06-30 Q2, representing a change of -164.92%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 4.47 on 2024-09-30 Q3 from 4.57 on 2024-06-30 Q2, representing a change of -2.14%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -1.25 on 2024-09-30 Q3 from -1.97 on 2024-06-30 Q2, representing a change of 36.83%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of 2.88%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.01 which is lower than current price 0.07, indicates the company may be overvalued.