SSR Mining Inc (SSRM) - Net Assets
Based on the latest financial reports, SSR Mining Inc (SSRM) has net assets worth $4.14 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.91 Billion) and total liabilities ($1.76 Billion). 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. Check asset resilience ratio of SSR Mining Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.14 Billion |
| % of Total Assets | 70.15% |
| Annual Growth Rate | 22.93% |
| 5-Year Change | 2.59% |
| 10-Year Change | 782.61% |
| Growth Volatility | 59.01 |
SSR Mining Inc - Net Assets Trend (1995–2024)
This chart illustrates how SSR Mining Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of SSR Mining Inc for the complete picture of this company's asset base.
Annual Net Assets for SSR Mining Inc (1995–2024)
The table below shows the annual net assets of SSR Mining Inc from 1995 to 2024. For live valuation and market cap data, see SSRM company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.95 Billion | -8.30% |
| 2023-12-31 | $4.30 Billion | +4.31% |
| 2022-12-31 | $4.13 Billion | +1.82% |
| 2021-12-31 | $4.05 Billion | +5.34% |
| 2020-12-31 | $3.85 Billion | +239.27% |
| 2019-12-31 | $1.13 Billion | +12.72% |
| 2018-12-31 | $1.01 Billion | -1.75% |
| 2017-12-31 | $1.02 Billion | +13.53% |
| 2016-12-31 | $901.88 Million | +101.68% |
| 2015-12-31 | $447.18 Million | -22.80% |
| 2014-12-31 | $579.25 Million | -15.99% |
| 2013-12-31 | $689.48 Million | -34.53% |
| 2012-12-31 | $1.05 Billion | +7.02% |
| 2011-12-31 | $983.98 Million | +5.59% |
| 2010-12-31 | $931.86 Million | +73.47% |
| 2009-12-31 | $537.19 Million | +37.03% |
| 2008-12-31 | $392.03 Million | -14.68% |
| 2007-12-31 | $459.51 Million | +22.68% |
| 2006-12-31 | $374.55 Million | +125.17% |
| 2005-12-31 | $166.34 Million | +3.60% |
| 2004-12-31 | $160.57 Million | +152.30% |
| 2003-12-31 | $63.64 Million | +39.23% |
| 2002-12-31 | $45.71 Million | +77.57% |
| 2001-12-31 | $25.74 Million | +28.65% |
| 2000-12-31 | $20.01 Million | +12.76% |
| 1999-12-31 | $17.74 Million | +46.79% |
| 1998-12-31 | $12.09 Million | -35.45% |
| 1997-12-31 | $18.73 Million | +17.74% |
| 1996-12-31 | $15.91 Million | +60.68% |
| 1995-12-31 | $9.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SSR Mining 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 grown by 11456500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $113.36 Million | 3.65% |
| Common Stock | $2.99 Billion | 96.35% |
| Total Equity | $3.11 Billion | 100.00% |
SSR Mining Inc Competitors by Market Cap
The table below lists competitors of SSR Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zalando SE
XETRA:ZAL
|
$5.73 Billion |
|
B2Gold Corp
TO:BTO
|
$5.74 Billion |
|
IOI Properties Group Bhd
KLSE:5249
|
$5.74 Billion |
|
Hubei Xingfa Chemicals Group Co Ltd
SHG:600141
|
$5.74 Billion |
|
Rumo S.A
SA:RAIL3
|
$5.73 Billion |
|
Kion Group AG
XETRA:KGX
|
$5.73 Billion |
|
Technip Energies BV
PA:TE
|
$5.73 Billion |
|
APL Apollo Tubes Limited
NSE:APLAPOLLO
|
$5.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSR Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,373,080,000 to 3,107,043,000, a change of -266,037,000 (-7.9%).
- Net loss of 261,277,000 reduced equity.
- Share repurchases of 9,825,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-261.28 Million | -8.41% |
| Share Repurchases | $9.82 Million | -0.32% |
| Other Changes | $5.07 Million | +0.16% |
| Total Change | $- | -7.89% |
Book Value vs Market Value Analysis
This analysis compares SSR Mining 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: 1.90x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 23.17x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $1.26 | $29.19 | x |
| 1996-12-31 | $1.36 | $29.19 | x |
| 1997-12-31 | $1.33 | $29.19 | x |
| 1998-12-31 | $0.76 | $29.19 | x |
| 1999-12-31 | $0.99 | $29.19 | x |
| 2000-12-31 | $0.90 | $29.19 | x |
| 2001-12-31 | $0.97 | $29.19 | x |
| 2002-12-31 | $1.28 | $29.19 | x |
| 2003-12-31 | $1.57 | $29.19 | x |
| 2004-12-31 | $3.32 | $29.19 | x |
| 2005-12-31 | $3.22 | $29.19 | x |
| 2006-12-31 | $6.36 | $29.19 | x |
| 2007-12-31 | $7.25 | $29.19 | x |
| 2008-12-31 | $6.25 | $29.19 | x |
| 2009-12-31 | $6.37 | $29.19 | x |
| 2010-12-31 | $11.89 | $29.19 | x |
| 2011-12-31 | $12.20 | $29.19 | x |
| 2012-12-31 | $13.09 | $29.19 | x |
| 2013-12-31 | $8.54 | $29.19 | x |
| 2014-12-31 | $7.17 | $29.19 | x |
| 2015-12-31 | $5.54 | $29.19 | x |
| 2016-12-31 | $8.62 | $29.19 | x |
| 2017-12-31 | $8.29 | $29.19 | x |
| 2018-12-31 | $8.03 | $29.19 | x |
| 2019-12-31 | $9.24 | $29.19 | x |
| 2020-12-31 | $20.37 | $29.19 | x |
| 2021-12-31 | $15.50 | $29.19 | x |
| 2022-12-31 | $16.09 | $29.19 | x |
| 2023-12-31 | $16.48 | $29.19 | x |
| 2024-12-31 | $15.36 | $29.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSR Mining 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): -8.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.24%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.67x
- Recent ROE (-8.41%) is below the historical average (-4.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -11.11% | -275.00% | 0.04x | 1.07x | $-2.09 Million |
| 1996 | -12.84% | -2798.68% | 0.00x | 1.05x | $-3.63 Million |
| 1997 | -11.56% | -3097.19% | 0.00x | 1.04x | $-4.04 Million |
| 1998 | -62.90% | -11627.75% | 0.00x | 1.09x | $-8.81 Million |
| 1999 | -5.06% | -1302.92% | 0.00x | 1.04x | $-2.67 Million |
| 2000 | -5.69% | -113677.66% | 0.00x | 1.04x | $-3.14 Million |
| 2001 | -8.25% | 0.00% | 0.00x | 1.11x | $-4.69 Million |
| 2002 | -3.06% | 0.00% | 0.00x | 1.04x | $-5.97 Million |
| 2003 | -4.77% | 0.00% | 0.00x | 1.03x | $-9.40 Million |
| 2004 | -0.79% | 0.00% | 0.00x | 1.13x | $-17.32 Million |
| 2005 | -3.04% | 0.00% | 0.00x | 1.14x | $-21.69 Million |
| 2006 | 3.75% | 0.00% | 0.00x | 1.08x | $-23.40 Million |
| 2007 | -7.51% | 0.00% | 0.00x | 1.10x | $-80.35 Million |
| 2008 | -2.20% | 0.00% | 0.00x | 1.46x | $-47.77 Million |
| 2009 | -3.01% | -242.43% | 0.01x | 1.71x | $-57.06 Million |
| 2010 | 36.34% | 301.50% | 0.10x | 1.23x | $245.32 Million |
| 2011 | 8.14% | 54.20% | 0.12x | 1.30x | $-18.27 Million |
| 2012 | 5.23% | 22.95% | 0.18x | 1.25x | $-50.40 Million |
| 2013 | -33.36% | -131.67% | 0.17x | 1.50x | $-298.96 Million |
| 2014 | -21.82% | -42.11% | 0.30x | 1.70x | $-184.32 Million |
| 2015 | -27.80% | -33.12% | 0.43x | 1.95x | $-169.02 Million |
| 2016 | 7.20% | 13.23% | 0.34x | 1.60x | $-25.23 Million |
| 2017 | 6.93% | 15.45% | 0.29x | 1.54x | $-30.77 Million |
| 2018 | 0.65% | 1.52% | 0.28x | 1.56x | $-91.04 Million |
| 2019 | 9.06% | 16.94% | 0.35x | 1.54x | $-10.62 Million |
| 2020 | 4.54% | 17.76% | 0.16x | 1.55x | $-181.95 Million |
| 2021 | 10.40% | 24.97% | 0.28x | 1.47x | $14.29 Million |
| 2022 | 5.42% | 16.91% | 0.22x | 1.47x | $-163.83 Million |
| 2023 | -2.91% | -6.87% | 0.26x | 1.60x | $-435.31 Million |
| 2024 | -8.41% | -26.24% | 0.19x | 1.67x | $-571.98 Million |
Industry Comparison
This section compares SSR Mining Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $464,798,779
- Average return on equity (ROE) among peers: -6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SSR Mining Inc (SSRM) | $4.14 Billion | -11.11% | 0.43x | $5.73 Billion |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $310.13 Million | 21.44% | 1.35x | $6.88 Billion |
| Austin Gold Corp (AUST) | $14.78 Million | -7.23% | 0.01x | $19.03 Million |
| Barrick Mining Corporation (B) | $1.17 Billion | 11.61% | 0.83x | $65.04 Billion |
| Blue Gold Limited Class A Ordinary Shares (BGL) | $51.32 Million | 10.03% | 0.04x | $35.22 Million |
| Coeur Mining Inc (CDE) | $1.12 Billion | 5.24% | 1.05x | $11.33 Billion |
| Caledonia Mining Corporation (CMCL) | $84.43 Million | -3.28% | 0.34x | $436.67 Million |
| Collective Mining Ltd. (CNL) | $1.67 Billion | 7.98% | 1.58x | $1.49 Billion |
| Contango ORE Inc (CTGO) | $8.34 Million | -100.16% | 0.05x | $389.08 Million |
| Dakota Gold Corp. (DC) | $101.17 Million | -0.03% | 0.04x | $718.32 Million |
About SSR Mining Inc
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. It holds interests in the Çöpler located in Erzincan province, Turkey; the Marigold situated in Nevada, the United States; t… Read more