Sable Exploration and Mining Ltd
Sable Exploration and Mining Limited engages in the exploration and mining business in South Africa. The company was formerly known as Middle East Diamond Resources Limited and changed its name to Sable Exploration and Mining Limited in November 2021. The company was incorporated in 2001 and is based in Sandton, South Africa.
Sable Exploration and Mining Ltd (SXM) - Net Assets
Latest net assets as of August 2024: ZAC0.00 ZAC
Based on the latest financial reports, Sable Exploration and Mining Ltd (SXM) has net assets worth ZAC0.00 ZAC as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC6.20 Million) and total liabilities (ZAC6.20 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC0.00 |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sable Exploration and Mining Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Sable Exploration and Mining Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sable Exploration and Mining Ltd (2020–2024)
The table below shows the annual net assets of Sable Exploration and Mining Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-02-29 | ZAC5.56 Million | +117.22% |
| 2023-02-28 | ZAC-32.26 Million | -23.97% |
| 2022-02-28 | ZAC-26.02 Million | -30.99% |
| 2021-02-28 | ZAC-19.86 Million | -20.04% |
| 2020-02-29 | ZAC-16.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sable Exploration and Mining Ltd'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 3012141000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ZAC151.68 Million | 2729.94% |
| Total Equity | ZAC5.56 Million | 100.00% |
Sable Exploration and Mining Ltd Competitors by Market Cap
The table below lists competitors of Sable Exploration and Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adagio 2 Capital Inc.
V:ADAD-P
|
$1.80K |
|
Pilipinas Shell Petroleum Corp
PSE:SHLPH
|
$1.81K |
|
TA YANG GROUP
BE:TAJ
|
$1.81K |
|
Octopus Robots SA
PA:MLOCT
|
$1.81K |
|
Aberforth Smaller Companies Trust PLC
LSE:ASL
|
$1.80K |
|
Xsovt Brands Inc
PINK:XSVT
|
$1.80K |
|
B92
LSE:B90
|
$1.80K |
|
PlantFuel Life Inc
PINK:PLFLF
|
$1.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sable Exploration and Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -32,256,516 to 5,556,243, a change of 37,812,759.
- Net loss of 11,193,232 reduced equity.
- New share issuances of 722,166 increased equity.
- Other factors increased equity by 48,283,825.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-11.19 Million | -201.45% |
| Share Issuances | ZAC722.17K | +13.0% |
| Other Changes | ZAC48.28 Million | +869.0% |
| Total Change | ZAC- | % |
Book Value vs Market Value Analysis
This analysis compares Sable Exploration and Mining Ltd'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: 61.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-02-29 | ZAC-3.80 | ZAC6.00 | x |
| 2021-02-28 | ZAC-4.56 | ZAC6.00 | x |
| 2022-02-28 | ZAC-5.98 | ZAC6.00 | x |
| 2023-02-28 | ZAC-7.41 | ZAC6.00 | x |
| 2024-02-29 | ZAC0.10 | ZAC6.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sable Exploration and Mining Ltd 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): -201.45%
- 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: 3.70x
- Recent ROE (-201.45%) is below the historical average (-40.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | ZAC-948.63K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | ZAC-1.33 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | ZAC-3.57 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | ZAC-3.01 Million |
| 2024 | -201.45% | 0.00% | 0.00x | 3.70x | ZAC-11.75 Million |
Industry Comparison
This section compares Sable Exploration and Mining Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
No peer company data available for comparison.