Stelmine Canada Ltd
Stelmine Canada Ltd. engages in the acquisition, exploration, production, development, and operation of mining properties in Canada. The company primarily explores for gold. It holds 100% interests in the Courcy project comprising 165 claims covering an area of 86 square kilometers located in Fermont, Quebec; Mercator project, which comprise 1095 claims that covers an area of 561 square kilometer… Read more
Stelmine Canada Ltd (STHFF) - Net Assets
Latest net assets as of April 2024: $9.05 Million USD
Based on the latest financial reports, Stelmine Canada Ltd (STHFF) has net assets worth $9.05 Million USD as of April 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.67 Million) and total liabilities ($616.27K). 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 | $9.05 Million |
| % of Total Assets | 93.63% |
| Annual Growth Rate | 30.95% |
| 5-Year Change | 347.73% |
| 10-Year Change | N/A |
| Growth Volatility | 43.46 |
Stelmine Canada Ltd - Net Assets Trend (2018–2023)
This chart illustrates how Stelmine Canada 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 Stelmine Canada Ltd (2018–2023)
The table below shows the annual net assets of Stelmine Canada Ltd from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-07-31 | $9.07 Million | +4.04% |
| 2022-07-31 | $8.71 Million | +111.32% |
| 2021-07-31 | $4.12 Million | +52.01% |
| 2020-07-31 | $2.71 Million | +33.96% |
| 2019-07-31 | $2.02 Million | -14.00% |
| 2018-07-31 | $2.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stelmine Canada 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 388075400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $19.79 Million | 218.32% |
| Total Equity | $9.07 Million | 100.00% |
Stelmine Canada Ltd Competitors by Market Cap
The table below lists competitors of Stelmine Canada Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rapid Nutrition PLC
PINK:RPNRF
|
$762.22K |
|
Totalindo Eka Persada Tbk PT
JK:TOPS
|
$762.33K |
|
DriveItAway Inc
PINK:DWAY
|
$762.37K |
|
Trucept Inc
PINK:TREP
|
$762.94K |
|
QTCG PUBLIC COMPANY LIMITED
BK:QTCG
|
$761.35K |
|
iPower Inc
NASDAQ:IPW
|
$761.34K |
|
AGEDB Technology Ltd.
V:AGET
|
$760.60K |
|
NEDAP (NE3.SG)
STU:NE3
|
$760.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stelmine Canada Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 8,713,142 to 9,065,251, a change of 352,109 (4.0%).
- Net loss of 797,023 reduced equity.
- New share issuances of 1,365,254 increased equity.
- Other factors decreased equity by 216,122.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-797.02K | -8.79% |
| Share Issuances | $1.37 Million | +15.06% |
| Other Changes | $-216.12K | -2.38% |
| Total Change | $- | 4.04% |
Book Value vs Market Value Analysis
This analysis compares Stelmine Canada 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: 0.08x
- 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 |
|---|---|---|---|
| 2018-07-31 | $0.08 | $0.01 | x |
| 2019-07-31 | $0.07 | $0.01 | x |
| 2020-07-31 | $0.07 | $0.01 | x |
| 2021-07-31 | $0.07 | $0.01 | x |
| 2022-07-31 | $0.10 | $0.01 | x |
| 2023-07-31 | $0.10 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stelmine Canada 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): -8.79%
- 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: 1.09x
- Recent ROE (-8.79%) is above the historical average (-16.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -22.08% | 0.00% | 0.00x | 1.11x | $-755.36K |
| 2019 | -19.34% | 0.00% | 0.00x | 1.05x | $-594.15K |
| 2020 | -10.68% | 0.00% | 0.00x | 1.05x | $-560.82K |
| 2021 | -17.33% | 0.00% | 0.00x | 1.08x | $-1.13 Million |
| 2022 | -19.37% | 0.00% | 0.00x | 1.14x | $-2.56 Million |
| 2023 | -8.79% | 0.00% | 0.00x | 1.09x | $-1.70 Million |
Industry Comparison
This section compares Stelmine Canada Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stelmine Canada Ltd (STHFF) | $9.05 Million | -22.08% | 0.07x | $761.70K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |