Sibanye Gold Ltd ADR (SBSW) - Net Assets
Based on the latest financial reports, Sibanye Gold Ltd ADR (SBSW) has net assets worth $44.12 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($149.59 Billion) and total liabilities ($105.47 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 SBSW tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $44.12 Billion |
| % of Total Assets | 29.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | -45.76% |
| 10-Year Change | 164.25% |
| Growth Volatility | 39.34 |
Sibanye Gold Ltd ADR - Net Assets Trend (2011–2025)
This chart illustrates how Sibanye Gold Ltd ADR's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Sibanye Gold Ltd ADR to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sibanye Gold Ltd ADR (2011–2025)
The table below shows the annual net assets of Sibanye Gold Ltd ADR from 2011 to 2025. For live valuation and market cap data, see SBSW stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $44.12 Billion | -8.63% |
| 2024-12-31 | $48.29 Billion | -6.43% |
| 2023-12-31 | $51.61 Billion | -43.29% |
| 2022-12-31 | $91.00 Billion | +11.87% |
| 2021-12-31 | $81.34 Billion | +15.03% |
| 2020-12-31 | $70.72 Billion | +127.10% |
| 2019-12-31 | $31.14 Billion | +25.94% |
| 2018-12-31 | $24.72 Billion | +3.03% |
| 2017-12-31 | $24.00 Billion | +43.72% |
| 2016-12-31 | $16.70 Billion | +11.43% |
| 2015-12-31 | $14.98 Billion | -0.01% |
| 2014-12-31 | $14.99 Billion | +33.74% |
| 2013-12-31 | $11.21 Billion | +236.95% |
| 2012-12-31 | $-8.18 Billion | +23.48% |
| 2011-12-31 | $-10.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sibanye Gold Ltd ADR'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 528180864000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.63 Billion | 54.77% |
| Other Comprehensive Income | $36.96 Billion | 93.60% |
| Total Equity | $39.49 Billion | 100.00% |
Sibanye Gold Ltd ADR Competitors by Market Cap
The table below lists competitors of Sibanye Gold Ltd ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Securitas AB
ST:SECU-B
|
$8.96 Billion |
|
Embraer S.A
F:EMY
|
$8.97 Billion |
|
Addtech AB (publ.)
ST:ADDT-B
|
$8.97 Billion |
|
Agree Realty Corporation
NYSE:ADC
|
$8.98 Billion |
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
$8.96 Billion |
|
China Steel Corp
TW:2002
|
$8.96 Billion |
|
Oracle Financial Services Software Limited
NSE:OFSS
|
$8.95 Billion |
|
NTPC Green Energy Limited
NSE:NTPCGREEN
|
$8.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sibanye Gold Ltd ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 43,979,000,000 to 39,487,237,000, a change of -4,491,763,000 (-10.2%).
- Net loss of 4,788,959,000 reduced equity.
- Dividend payments of 279,688,000 reduced retained earnings.
- Other comprehensive income increased equity by 812,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.79 Billion | -12.13% |
| Dividends Paid | $279.69 Million | -0.71% |
| Other Comprehensive Income | $812.00 Million | +2.06% |
| Other Changes | $-235.12 Million | -0.6% |
| Total Change | $- | -10.21% |
Book Value vs Market Value Analysis
This analysis compares Sibanye Gold Ltd ADR'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: 0.23x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $-36.38 | $12.66 | x |
| 2012-12-31 | $-27.84 | $12.66 | x |
| 2013-12-31 | $40.40 | $12.66 | x |
| 2014-12-31 | $42.00 | $12.66 | x |
| 2015-12-31 | $38.91 | $12.66 | x |
| 2016-12-31 | $43.18 | $12.66 | x |
| 2017-12-31 | $49.64 | $12.66 | x |
| 2018-12-31 | $43.69 | $12.66 | x |
| 2019-12-31 | $48.30 | $12.66 | x |
| 2020-12-31 | $101.82 | $12.66 | x |
| 2021-12-31 | $111.16 | $12.66 | x |
| 2022-12-31 | $128.59 | $12.66 | x |
| 2023-12-31 | $72.93 | $12.66 | x |
| 2024-12-31 | $62.15 | $12.66 | x |
| 2025-12-31 | $55.80 | $12.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sibanye Gold Ltd ADR 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): -12.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.99%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 3.79x
- Recent ROE (-12.13%) is below the historical average (2.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 14.81% | 0.93x | 0.00x | $3.82 Billion |
| 2012 | 0.00% | 17.92% | 0.82x | 0.00x | $3.89 Billion |
| 2013 | 21.04% | 11.22% | 0.93x | 2.01x | $1.24 Billion |
| 2014 | 10.35% | 7.12% | 0.78x | 1.86x | $52.91 Million |
| 2015 | 4.78% | 3.16% | 0.80x | 1.89x | $-781.58 Million |
| 2016 | 22.17% | 11.85% | 0.75x | 2.50x | $2.03 Billion |
| 2017 | -18.49% | -9.67% | 0.60x | 3.17x | $-6.84 Billion |
| 2018 | -10.11% | -4.93% | 0.60x | 3.43x | $-4.97 Billion |
| 2019 | 0.20% | 0.09% | 0.72x | 3.25x | $-3.05 Billion |
| 2020 | 41.45% | 23.01% | 0.95x | 1.90x | $22.24 Billion |
| 2021 | 40.63% | 19.20% | 1.13x | 1.88x | $24.92 Billion |
| 2022 | 20.21% | 13.30% | 0.83x | 1.83x | $9.30 Billion |
| 2023 | -73.19% | -33.23% | 0.80x | 2.77x | $-42.93 Billion |
| 2024 | -16.59% | -6.51% | 0.81x | 3.14x | $-11.69 Billion |
| 2025 | -12.13% | -3.99% | 0.80x | 3.79x | $-8.74 Billion |
Industry Comparison
This section compares Sibanye Gold Ltd ADR'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: $666,082,516
- Average return on equity (ROE) among peers: -91.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sibanye Gold Ltd ADR (SBSW) | $44.12 Billion | 0.00% | 2.39x | $8.96 Billion |
| Compania de Minas Buenaventura SAA ADR (BVN) | $4.27 Billion | 18.33% | 0.41x | $8.11 Billion |
| Elemental Royalty Corporation Common Stock (ELE) | $3.16 Million | -60.71% | 0.23x | $952.23 Million |
| Greenland Mines Ltd (GRML) | $1.19 Million | -518.87% | 1.07x | $37.22 Million |
| Hecla Mining Company (HL) | $169.33 Million | -3.62% | 0.65x | $10.05 Billion |
| Comstock Mining Inc (LODE) | $-168.82K | 0.00% | 0.00x | $225.46 Million |
| Perpetua Resources Corp (PPTA) | $207.68 Million | -0.28% | 0.01x | $3.22 Billion |
| Vox Royalty Corp. Common Stock (VOXR) | $13.92 Million | -74.10% | 0.09x | $373.43 Million |
About Sibanye Gold Ltd ADR
Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; lithium; zinc; nickel; and silver, cobalt, and copper. Sibanye Stillwater Limited was founded in 2013 and … Read more