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Rigel Resource Acquisition Corp

Financial Services US RRAC

11.5USD
0.005(0.04%)

Last update at 2024-10-07T18:34:00Z

Day Range

11.4711.50
LowHigh

52 Week Range

10.6211.39
LowHigh

Fundamentals

  • Previous Close 11.49
  • Market Cap361.27M
  • Volume517107
  • P/E Ratio53.64
  • Dividend Yield-%
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM0.21

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31
Type yearly yearly
Date 2022-12-31 2021-12-31
Income before tax 16.28M 13.97M
Minority interest - -
Net income -1.39471M 13.97M
Selling general administrative 1.39M 0.41M
Selling and marketing expenses - -
Gross profit - -
Reconciled depreciation - -
Ebit 16.28M -0.55216M
Ebitda -19.00423M 13.97M
Depreciation and amortization -35.28274M -
Non operating income net other 17.67M -
Operating income 16.28M 13.97M
Other operating expenses 1.39M 0.41M
Interest expense - 0.00000M
Tax provision - -
Interest income 4.49M -
Net interest income 4.49M -
Extraordinary items - -
Non recurring - -
Other items - -
Income tax expense 17.67M -
Total revenue 0.00000M -
Total operating expenses 1.39M 0.41M
Cost of revenue - -
Total other income expense net 17.67M -
Discontinued operations - -
Net income from continuing ops 16.28M -
Net income applicable to common shares 16.28M 18.63M
Preferred stock and other adjustments - -
Breakdown 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31
Total assets 270.79M 311.08M 308.77M
Intangible assets - - -
Earning assets - - -
Other current assets 0.06M 0.48M 0.57M
Total liab 25.63M 16.58M 30.55M
Total stockholder equity 245.16M 294.50M 278.22M
Deferred long term liab - 4.95M -
Other current liab 6.64M 0.49M 0.80M
Common stock 270.67M 310.49M 306.00M
Capital stock 270.67M 310.49M 306.00M
Retained earnings -25.50761M -15.99060M -27.78396M
Other liab - 325.93M 334.57M
Good will - - -
Other assets - 310.49M 306.49M
Cash 0.07M 0.11M 1.68M
Cash and equivalents - - -
Total current liabilities 6.64M 1.14M 1.98M
Current deferred revenue -6.26318M - -
Net debt 5.49M 0.13M -1.67560M
Short term debt 5.56M 0.24M -
Short long term debt 5.56M 0.24M -
Short long term debt total 5.56M 0.24M -
Other stockholder equity -541.46163M -310.48880M -306.00366M
Property plant equipment - - -
Total current assets 0.13M 0.59M 2.27M
Long term investments - - -
Net tangible assets - 294.50M -27.78321M
Short term investments 270.67M - -
Net receivables - - -
Long term debt - - -
Inventory - - -
Accounts payable 0.71M 0.41M 1.17M
Total permanent equity - - -
Noncontrolling interest in consolidated entity - - -
Temporary equity redeemable noncontrolling interests - - -
Accumulated other comprehensive income - - -
Additional paid in capital - - -
Common stock total equity - 0.00075M -
Preferred stock total equity - - -
Retained earnings total equity - -15.99060M -
Treasury stock - - -
Accumulated amortization - - -
Non currrent assets other 270.67M 310.49M 306.49M
Deferred long term asset charges - - -
Non current assets total 270.67M 310.49M 306.49M
Capital lease obligations - - -
Long term debt total - - -
Breakdown 2022-12-31 2021-12-31
Type yearly yearly
Date 2022-12-31 2021-12-31
Investments 0.00000M -
Change to liabilities -0.76643M 1.56M
Total cashflows from investing activities - -407.99990M
Net borrowings 0.40M 0.40M
Total cash from financing activities -0.01161M 410.33M
Change to operating activities 0.61M -1.45116M
Net income 16.28M 18.63M
Change in cash -1.56601M 2.23M
Begin period cash flow 1.68M -
End period cash flow 0.11M 1.68M
Total cash from operating activities -1.55440M -0.09134M
Issuance of capital stock 0.00000M -
Depreciation - -
Other cashflows from investing activities - -407.99990M
Dividends paid - -
Change to inventory - -
Change to account receivables - -
Sale purchase of stock - -
Other cashflows from financing activities -0.01161M 10.29M
Change to netincome -13.12438M -18.83481M
Capital expenditures 0.00000M 0.00000M
Change receivables - -
Cash flows other operating -3.94210M -
Exchange rate changes - -
Cash and cash equivalents changes -1.56601M -
Change in working capital -0.15969M -
Stock based compensation 0.00000M -
Other non cash items -17.67322M -
Free cash flow -1.55440M -

Peer Comparison

Sector: Financial Services Industry: Shell Companies

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
RRAC
Rigel Resource Acquisition Corp
0.005 0.04% 11.50 53.64 - - 1.47 -149.1929
AGLY
Agiliti Inc
- -% 2.05 - - 487.42 4.19 1814.52 -18401.2235
PBAJ
Petro Usa Inc
- -% 5.00 - - - - -39883.0795
SVMB
SavMobi Technology Inc.
- -% 3.00 - - 239.23 - 363.28 -319.6012
AACT
Ares Acquisition Corporation II
0.005 0.05% 10.84 - - - -

Reports Covered

Stock Research & News

Profile

Rigel Resource Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring companies primarily in the mining industry. The company was incorporated in 2021 and is based in New York, New York.

Rigel Resource Acquisition Corp

7 Bryant Park, New York, NY, United States, 10018

Key Executives

Name Title Year Born
Mr. Jonathan Forrester Lamb CEO & Director 1985
Mr. Nathanael Abebe Pres & Director 1986
Mr. Jeffrey Feeley CPA Chief Financial Officer 1979
Mr. Nathanael Abebe President & Director 1986
Mr. Jeffrey Scott Feeley CPA Chief Financial Officer 1980

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