Summa Silver Corp
Summa Silver Corp., a mineral exploration company, engages in the acquisition, exploration, development, and exploitation of natural resource properties in the United States. The company explores for gold and silver deposits. It holds a 100% interest in the Hughes property located in central Nevada. In addition, the company has 100% interest in the Mogollon Property located in New Mexico; and 100… Read more
Summa Silver Corp (SSVRF) - Net Assets
Latest net assets as of May 2025: $48.07 Million USD
Based on the latest financial reports, Summa Silver Corp (SSVRF) has net assets worth $48.07 Million USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($48.40 Million) and total liabilities ($323.21K). 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 | $48.07 Million |
| % of Total Assets | 99.33% |
| Annual Growth Rate | 188.34% |
| 5-Year Change | 223.0% |
| 10-Year Change | N/A |
| Growth Volatility | 1530.76 |
Summa Silver Corp - Net Assets Trend (2018–2024)
This chart illustrates how Summa Silver Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Summa Silver Corp (2018–2024)
The table below shows the annual net assets of Summa Silver Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $43.75 Million | +4.54% |
| 2023-08-31 | $41.85 Million | +33.91% |
| 2022-08-31 | $31.25 Million | +49.38% |
| 2021-08-31 | $20.92 Million | +54.46% |
| 2020-08-31 | $13.54 Million | +4189.62% |
| 2019-08-31 | $315.73K | +315.40% |
| 2018-08-31 | $76.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Summa Silver Corp'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 1335038600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $57.15 Million | 130.63% |
| Total Equity | $43.75 Million | 100.00% |
Summa Silver Corp Competitors by Market Cap
The table below lists competitors of Summa Silver Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modernform Group Public Company Limited
BK:MODERN
|
$22.15 Million |
|
Software Acquisition Group III Inc
NASDAQ:SWAG
|
$22.15 Million |
|
Sun Rise E&T Corporation
TWO:1343
|
$22.15 Million |
|
Pergamon Status Dis Ticaret AS
IS:PSDTC
|
$22.15 Million |
|
Oriental Aromatics Limited
NSE:OAL
|
$22.14 Million |
|
Drb Holding
KO:004840
|
$22.14 Million |
|
Moulinvest
PA:ALMOU
|
$22.14 Million |
|
Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret AS
IS:ARZUM
|
$22.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Summa Silver Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,847,222 to 43,745,616, a change of 1,898,394 (4.5%).
- Net loss of 2,880,948 reduced equity.
- Other factors increased equity by 4,779,342.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.88 Million | -6.59% |
| Other Changes | $4.78 Million | +10.93% |
| Total Change | $- | 4.54% |
Book Value vs Market Value Analysis
This analysis compares Summa Silver Corp'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: 0.62x
- 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.
- The price-to-book ratio has decreased from 37.18x to 0.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-08-31 | $0.01 | $0.26 | x |
| 2019-08-31 | $0.03 | $0.26 | x |
| 2020-08-31 | $0.26 | $0.26 | x |
| 2021-08-31 | $0.33 | $0.26 | x |
| 2022-08-31 | $0.40 | $0.26 | x |
| 2023-08-31 | $0.44 | $0.26 | x |
| 2024-08-31 | $0.42 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Summa Silver Corp 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): -6.59%
- 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: 1.00x
- Recent ROE (-6.59%) is above the historical average (-11.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -9.30% | 0.00% | 0.00x | 1.03x | $-60.95K |
| 2020 | -8.41% | 0.00% | 0.00x | 1.06x | $-2.49 Million |
| 2021 | -26.02% | 0.00% | 0.00x | 1.03x | $-7.53 Million |
| 2022 | -11.89% | 0.00% | 0.00x | 1.01x | $-6.84 Million |
| 2023 | -6.79% | 0.00% | 0.00x | 1.01x | $-7.03 Million |
| 2024 | -6.59% | 0.00% | 0.00x | 1.00x | $-7.26 Million |
Industry Comparison
This section compares Summa Silver Corp'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 |
|---|---|---|---|---|
| Summa Silver Corp (SSVRF) | $48.07 Million | -9.30% | 0.01x | $22.15 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 |