Spruce Ridge Resources Ltd. (SHL) — Net Asset Momentum
Spruce Ridge Resources Ltd. (SHL) recorded a net asset momentum of -32.4% as of April 2025, with net assets of CA$9.59 Million CAD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See operational self-sufficiency of Spruce Ridge Resources Ltd. to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Spruce Ridge Resources Ltd. Net Asset Momentum (2001–2025)
This chart tracks Spruce Ridge Resources Ltd.'s year-over-year net asset growth across 25 annual reporting periods from 2001 to 2025. The most recent momentum reading is -32.4%, with net assets of CA$9.59 Million CAD as of April 2025. Read SHL current and long-term liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Spruce Ridge Resources Ltd. (2001–2025)
The table below shows the complete annual net asset history for Spruce Ridge Resources Ltd. from 2001 to 2025, covering 25 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see SHL market cap.
| Year | Net Assets (CAD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | CA$9.59 Million | CA$10.11 Million | CA$521.68K | ▼ -32.4% |
| 2024 | CA$14.18 Million | CA$14.43 Million | CA$241.90K | ▲ +36.3% |
| 2023 | CA$10.41 Million | CA$10.57 Million | CA$159.16K | ▼ -35.8% |
| 2022 | CA$16.22 Million | CA$16.84 Million | CA$612.23K | ▼ -49.6% |
| 2021 | CA$32.22 Million | CA$34.13 Million | CA$1.91 Million | ▲ +181.2% |
| 2020 | CA$11.46 Million | CA$11.85 Million | CA$386.60K | ▲ +733.6% |
| 2019 | CA$1.37 Million | CA$1.92 Million | CA$541.13K | ▲ +62.2% |
| 2018 | CA$847.47K | CA$1.49 Million | CA$639.16K | ▼ -19.8% |
| 2017 | CA$1.06 Million | CA$1.47 Million | CA$416.68K | ▲ +45.5% |
| 2016 | CA$726.31K | CA$1.42 Million | CA$694.07K | ▼ -7.4% |
| 2015 | CA$784.70K | CA$1.33 Million | CA$546.28K | ▼ -10.8% |
| 2014 | CA$879.94K | CA$1.36 Million | CA$480.10K | ▼ -33.9% |
| 2013 | CA$1.33 Million | CA$1.61 Million | CA$281.33K | ▲ +25.9% |
| 2012 | CA$1.06 Million | CA$1.22 Million | CA$164.97K | ▼ -80.3% |
| 2011 | CA$5.36 Million | CA$5.50 Million | CA$134.00K | ▲ +7.9% |
| 2010 | CA$4.97 Million | CA$5.34 Million | CA$362.76K | ▲ +64.1% |
| 2009 | CA$3.03 Million | CA$3.21 Million | CA$175.37K | ▼ -30.5% |
| 2008 | CA$4.36 Million | CA$4.38 Million | CA$21.40K | ▼ -20.3% |
| 2007 | CA$5.47 Million | CA$5.48 Million | CA$13.88K | ▲ +787.9% |
| 2006 | CA$615.98K | CA$654.77K | CA$38.79K | ▲ +25.8% |
| 2005 | CA$489.58K | CA$728.67K | CA$239.08K | ▼ -25.2% |
| 2004 | CA$654.67K | CA$799.76K | CA$145.09K | ▼ -5.4% |
| 2003 | CA$692.40K | CA$817.96K | CA$125.56K | ▲ +2.6% |
| 2002 | CA$674.56K | CA$727.64K | CA$53.09K | ▲ +6.2% |
| 2001 | CA$635.15K | CA$679.97K | CA$44.82K | — |