Sable Exploration and Mining Ltd (SXM) - Net Assets
Based on the latest financial reports, Sable Exploration and Mining Ltd (SXM) has net assets worth ZAC0.00 ZAC (≈ $0.00 USD) 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 ≈ $3.30K USD) and total liabilities (ZAC6.20 Million ≈ $3.30K 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. Read debt load of Sable Exploration and Mining Ltd for a breakdown of total debt and financial obligations.
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. Also explore Sable Exploration and Mining Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Sable Exploration and Mining Ltd (SXM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-02-29 | ZAC5.56 Million ≈ $2.95K |
+117.22% |
| 2023-02-28 | ZAC-32.26 Million ≈ $-17.14K |
-23.97% |
| 2022-02-28 | ZAC-26.02 Million ≈ $-13.83K |
-30.99% |
| 2021-02-28 | ZAC-19.86 Million ≈ $-10.56K |
-20.04% |
| 2020-02-29 | ZAC-16.55 Million ≈ $-8.79K |
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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 |
|---|---|
|
Trustco Group Holdings
JSE:TTO
|
$182.74K |
|
Ratu Prabu Energi Tbk
JK:ARTI
|
$183.76K |
|
Roquefort Investments PLC
LSE:ROQ
|
$184.27K |
|
CleanTech Lithium plc
LSE:CTL
|
$185.19K |
|
Greenroc Mining PLC
LSE:GROC
|
$180.09K |
|
Ming Le Sports AG
F:ML2
|
$179.96K |
|
Power Metal Resources plc
LSE:POW
|
$179.79K |
|
Creightons Plc
LSE:CRL
|
$179.26K |
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.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $29,577,881,429
- Average return on equity (ROE) among peers: 23.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sable Exploration and Mining Ltd (SXM) | ZAC0.00 | 0.00% | N/A | $180.37K |
| Anglo American Platinum Ltd (AMS) | $96.96 Billion | 50.69% | 0.82x | $10.35 Billion |
| Gemfields Group Ltd (GML) | $402.78 Million | -20.39% | 0.52x | $82.47 Million |
| Impala Platinum Holdings Ltd (IMP) | $45.73 Billion | 10.48% | 0.37x | $11.07 Billion |
| Northam Platinum Holdings Ltd (NPH) | $19.02 Billion | 49.34% | 1.00x | $6.70 Billion |
| Sibanye Stillwater Ltd (SSW) | $14.98 Billion | 4.78% | 0.89x | $7.47 Billion |
| Tharisa plc (THA) | $451.27 Million | 22.26% | 0.56x | $396.90 Million |
| Valterra Platinum Limited (VAL) | $29.50 Billion | 48.29% | 1.33x | $18.73 Billion |
About 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.