Solaris Resources Inc.
Solaris Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. It owns interests in Warintza project located in southeastern Ecuador in the province of Morona Santiago, Canton Limon Indanza; and the Tamarugo project located in northern Chile. The company also holds interests in the La… Read more
Solaris Resources Inc. (SLSR) - Net Assets
Latest net assets as of September 2025: $-40.10 Million USD
Based on the latest financial reports, Solaris Resources Inc. (SLSR) has net assets worth $-40.10 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.91 Million) and total liabilities ($102.01 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 | $-40.10 Million |
| % of Total Assets | -64.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 47.67 |
Solaris Resources Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Solaris Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Solaris Resources Inc. (2020–2024)
The table below shows the annual net assets of Solaris Resources Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-9.29 Million | -136.53% |
| 2023-12-31 | $25.43 Million | -9.93% |
| 2022-12-31 | $28.23 Million | -34.53% |
| 2021-12-31 | $43.12 Million | -50.19% |
| 2020-12-31 | $86.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solaris Resources 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 23347800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $265.38 Million | % |
| Total Equity | $-17.20 Million | 100.00% |
Solaris Resources Inc. Competitors by Market Cap
The table below lists competitors of Solaris Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jayaswal Neco Industries Limited
NSE:JAYNECOIND
|
$262.35 Million |
|
AXISCADES Technologies Limited
NSE:AXISCADES
|
$262.35 Million |
|
CARsgen Therapeutics Holdings Limited
PINK:CRTHF
|
$262.40 Million |
|
SEMLER SCIENTIFIC DL-001
F:6FA
|
$262.41 Million |
|
Era Co Ltd
SHE:002641
|
$262.33 Million |
|
Zhejiang Canaan Technology Co Ltd
SHE:300412
|
$262.26 Million |
|
RichWave Technology Corp
TW:4968
|
$262.17 Million |
|
Kairuide Holding Co Ltd
SHE:002072
|
$262.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solaris Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,515,000 to -17,201,000, a change of -34,716,000 (-198.2%).
- Net loss of 77,017,000 reduced equity.
- New share issuances of 39,625,000 increased equity.
- Other factors increased equity by 2,676,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-77.02 Million | -447.75% |
| Share Issuances | $39.62 Million | +230.36% |
| Other Changes | $2.68 Million | +15.56% |
| Total Change | $- | -198.21% |
Book Value vs Market Value Analysis
This analysis compares Solaris Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.75 | $2.95 | x |
| 2021-12-31 | $0.32 | $2.95 | x |
| 2022-12-31 | $0.17 | $2.95 | x |
| 2023-12-31 | $0.12 | $2.95 | x |
| 2024-12-31 | $-0.11 | $2.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solaris Resources 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-143.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -32.96% | 0.00% | 0.00x | 1.21x | $-33.78 Million |
| 2021 | -161.32% | 0.00% | 0.00x | 1.64x | $-60.32 Million |
| 2022 | -288.69% | 0.00% | 0.00x | 1.90x | $-60.69 Million |
| 2023 | -234.13% | 0.00% | 0.00x | 3.53x | $-42.76 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-75.30 Million |
Industry Comparison
This section compares Solaris Resources Inc.'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: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solaris Resources Inc. (SLSR) | $-40.10 Million | -32.96% | N/A | $262.34 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |