Sierra Nevada Gold Inc Net Assets
Sierra Nevada Gold Inc net assets. Based on the latest financial reports, Sierra Nevada Gold Inc (SNX) has net assets worth AU$25.41 Million AUD (≈ $17.98 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$26.63 Million ≈ $18.84 Million USD) and total liabilities (AU$1.22 Million ≈ $863.11K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore SNX net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$25.41 Million |
| % of Total Assets | 95.42% |
| Annual Growth Rate | 9.77% |
| 5-Year Change | 88.05% |
| 10-Year Change | N/A |
| Growth Volatility | 66.76 |
Net Assets of Sierra Nevada Gold Inc (2018–2024)
Net assets of Sierra Nevada Gold Inc from 2018 to 2024. This chart illustrates how Sierra Nevada Gold Inc's net assets have evolved over time, based on quarterly financial data. See Sierra Nevada Gold Inc balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Sierra Nevada Gold Inc (2018–2024)
The table below shows the annual net assets of Sierra Nevada Gold Inc from 2018 to 2024. For live market cap and overall valuation, see Sierra Nevada Gold Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$17.17 Million ≈ $12.15 Million |
-23.14% |
| 2023-12-31 | AU$22.34 Million ≈ $15.81 Million |
-2.24% |
| 2022-12-31 | AU$22.85 Million ≈ $16.17 Million |
+170.14% |
| 2021-12-31 | AU$8.46 Million ≈ $5.99 Million |
-7.35% |
| 2020-12-31 | AU$9.13 Million ≈ $6.46 Million |
-2.28% |
| 2019-12-31 | AU$9.34 Million ≈ $6.61 Million |
-4.79% |
| 2018-12-31 | AU$9.81 Million ≈ $6.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sierra Nevada Gold Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 647527500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Sierra Nevada Gold Inc Net Assets Breakdown (December 2024)
Sierra Nevada Gold Inc net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$25.07 Million | 146.01% |
| Other Comprehensive Income | AU$893.97K | 5.21% |
| Total Equity | AU$17.17 Million | 100.00% |
Sierra Nevada Gold Inc Competitors by Market Cap
The table below lists competitors of Sierra Nevada Gold Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TP ICAP Group PLC
LSE:TCAP
|
$27.23 Million |
|
Biocartis Group NV
BR:BCART
|
$27.24 Million |
|
MicroCloud Hologram Inc.
NASDAQ:HOLO
|
$27.24 Million |
|
IL&FS Investment Managers Limited
NSE:IVC
|
$27.27 Million |
|
ML System S.A.
WAR:MLS
|
$27.22 Million |
|
NPD Co. Ltd
KQ:198080
|
$27.22 Million |
|
Arvee Laboratories (India) Limited
NSE:ARVEE
|
$27.18 Million |
|
Levinski Ofer
TA:LEOF
|
$27.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sierra Nevada Gold Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,339,336 to 17,170,415, a change of -5,168,921 (-23.1%).
- Net loss of 1,436,147 reduced equity.
- Share repurchases of 206,315 reduced equity.
- New share issuances of 3,030,242 increased equity.
- Other comprehensive income decreased equity by 726,046.
- Other factors decreased equity by 5,830,655.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.44 Million | -8.36% |
| Share Repurchases | AU$206.31K | -1.2% |
| Share Issuances | AU$3.03 Million | +17.65% |
| Other Comprehensive Income | AU$-726.05K | -4.23% |
| Other Changes | AU$-5.83 Million | -33.96% |
| Total Change | AU$- | -23.14% |
Book Value vs Market Value Analysis
This analysis compares Sierra Nevada Gold Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.48x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.19x to 0.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | AU$0.42 | AU$0.08 | x |
| 2019-12-31 | AU$0.40 | AU$0.08 | x |
| 2020-12-31 | AU$0.39 | AU$0.08 | x |
| 2021-12-31 | AU$0.35 | AU$0.08 | x |
| 2022-12-31 | AU$0.45 | AU$0.08 | x |
| 2023-12-31 | AU$0.36 | AU$0.08 | x |
| 2024-12-31 | AU$0.17 | AU$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sierra Nevada Gold Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-8.36%) is above the historical average (-9.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -5.31% | 0.00% | 0.00x | 1.04x | AU$-1.50 Million |
| 2019 | -5.11% | 0.00% | 0.00x | 1.25x | AU$-1.41 Million |
| 2020 | -10.19% | 0.00% | 0.00x | 1.30x | AU$-1.84 Million |
| 2021 | -17.72% | 0.00% | 0.00x | 1.73x | AU$-2.34 Million |
| 2022 | -11.24% | 0.00% | 0.00x | 1.07x | AU$-4.85 Million |
| 2023 | -10.38% | 0.00% | 0.00x | 1.04x | AU$-4.55 Million |
| 2024 | -8.36% | 0.00% | 0.00x | 1.04x | AU$-3.15 Million |
Industry Comparison
This section compares Sierra Nevada Gold Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $40,536,205
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sierra Nevada Gold Inc (SNX) | AU$25.41 Million | -5.31% | 0.05x | $27.22 Million |
| Australasian Metals Ltd (A8G) | $5.45 Million | -47.41% | 0.04x | $4.98 Million |
| Ariana Resources Plc (AA2) | $43.27 Million | 6.22% | 0.05x | $45.50 Million |
| Aruma Resources Ltd (AAJ) | $2.79 Million | -55.76% | 0.06x | $2.08 Million |
| Astral Resources NL (AAR) | $520.18K | -128.92% | 0.20x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $9.77 Million | 9.47% | 0.62x | $13.92 Million |
| Adelong Gold Ltd (ADG) | $962.05K | -154.33% | 0.23x | $7.55 Million |
| Ardiden Ltd (ADV) | $13.92 Million | -19.79% | 0.04x | $50.94 Million |
| Australian Gold and Copper Ltd (AGC) | $18.26 Million | -11.03% | 0.01x | $20.96 Million |
| Ark Mines Ltd (AHK) | $-3.15 Million | 0.00% | 0.00x | $14.84 Million |
| Alkane Resources Ltd (ALK) | $313.58 Million | 13.54% | 0.36x | $1.83 Billion |
About Sierra Nevada Gold Inc
Sierra Nevada Gold Inc. engages in the acquisition, exploration, and evaluation of mineral properties in the United States. The company primarily explores for gold, silver, and copper deposits. Its flagship project is the Warrior project covering an area of 21 square kilometers that consists of 26,020 acres claims located in Nevada. The company was formerly known as Sierra Nevada Gold (USA) Inc. … Read more