Southstone Minerals Limited
Southstone Minerals Limited operates as a junior mining company in Canada. It holds 43% interest in the Oena Diamond Mine that covers an area of 8,800 hectares located in the Northern Cape Province in South Africa. The company was formerly known as Tango Mining Limited and changed its name to Southstone Minerals Limited in October 2019. The company was incorporated in 2007 and is based in Victori… Read more
Southstone Minerals Limited (FDGMF) - Net Assets
Latest net assets as of November 2024: $-1.54 Million USD
Based on the latest financial reports, Southstone Minerals Limited (FDGMF) has net assets worth $-1.54 Million USD as of November 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($337.21K) and total liabilities ($1.88 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 | $-1.54 Million |
| % of Total Assets | -457.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -246.07% |
| Growth Volatility | 106.19 |
Southstone Minerals Limited - Net Assets Trend (2012–2024)
This chart illustrates how Southstone Minerals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Southstone Minerals Limited (2012–2024)
The table below shows the annual net assets of Southstone Minerals Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | $-1.45 Million | -17.39% |
| 2023-08-31 | $-1.24 Million | -47.06% |
| 2022-08-31 | $-842.24K | -34.43% |
| 2021-08-31 | $-626.51K | -80.49% |
| 2020-08-31 | $-347.11K | -100.62% |
| 2019-08-31 | $-173.02K | -111.32% |
| 2018-08-31 | $-81.88K | +90.62% |
| 2017-08-31 | $-872.97K | +21.13% |
| 2016-08-31 | $-1.11 Million | -211.19% |
| 2015-08-31 | $995.43K | +42.40% |
| 2014-08-31 | $699.04K | -34.24% |
| 2013-08-31 | $1.06 Million | +699.26% |
| 2012-08-31 | $-177.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southstone Minerals Limited'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 2226894700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.37 Million | % |
| Other Comprehensive Income | $281.00K | % |
| Other Components | $3.13 Million | % |
| Total Equity | $-1.49 Million | 100.00% |
Southstone Minerals Limited Competitors by Market Cap
The table below lists competitors of Southstone Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POWER ASSETS
MU:HEH
|
$65.88K |
|
Phoenix Plus Corp.
PINK:PXPC
|
$65.88K |
|
GO Residential Real Estate Investment Trust
TO:GO-U
|
$65.94K |
|
Federal Screw Works
PINK:FSCR
|
$65.95K |
|
Schmitt Industries Inc
PINK:SMIT
|
$65.83K |
|
Zhongce Rubber Group Co Ltd
SHG:603049
|
$65.81K |
|
Nile City Investment
EGX:NCIN
|
$65.78K |
|
Aucyber Ltd
AU:CYB
|
$65.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southstone Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,338,402 to -1,491,736, a change of -153,334.
- Net loss of 158,390 reduced equity.
- New share issuances of 68,000 increased equity.
- Other comprehensive income decreased equity by 181,694.
- Other factors increased equity by 118,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-158.39K | -10.62% |
| Share Issuances | $68.00K | +4.56% |
| Other Comprehensive Income | $-181.69K | -12.18% |
| Other Changes | $118.75K | +7.96% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Southstone Minerals Limited'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 |
|---|---|---|---|
| 2015-08-31 | $0.00 | $0.00 | x |
| 2016-08-31 | $0.00 | $0.00 | x |
| 2017-08-31 | $0.00 | $0.00 | x |
| 2018-08-31 | $0.00 | $0.00 | x |
| 2019-08-31 | $-0.01 | $0.00 | x |
| 2020-08-31 | $-0.02 | $0.00 | x |
| 2021-08-31 | $-0.03 | $0.00 | x |
| 2022-08-31 | $-0.04 | $0.00 | x |
| 2023-08-31 | $-0.04 | $0.00 | x |
| 2024-08-31 | $-0.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southstone Minerals Limited 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: -7.78%
- • Asset Turnover: 6.46x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-122.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2013 | 0.00% | 0.00% | 0.00x | 1.41x | $-106.31K |
| 2014 | -178.44% | 0.00% | 0.00x | 1.33x | $-1.32 Million |
| 2015 | -1408.08% | -16.25% | 2.56x | 33.85x | $-2.26 Million |
| 2016 | 0.00% | -25.09% | 3.10x | 0.00x | $-3.15 Million |
| 2017 | 0.00% | -12.40% | 3.56x | 0.00x | $-1.57 Million |
| 2018 | 0.00% | -8.74% | 3.47x | 0.00x | $-1.14 Million |
| 2019 | 0.00% | -1.11% | 0.88x | 0.00x | $2.77K |
| 2020 | 0.00% | 6.24% | 3.30x | 0.00x | $325.40K |
| 2021 | 0.00% | -18.67% | 3.74x | 0.00x | $-335.65K |
| 2022 | 0.00% | -68.60% | 2.06x | 0.00x | $-328.02K |
| 2023 | 0.00% | -15.15% | 6.37x | 0.00x | $-62.56K |
| 2024 | 0.00% | -7.78% | 6.46x | 0.00x | $-9.22K |
Industry Comparison
This section compares Southstone Minerals Limited's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $9,715,547,512
- Average return on equity (ROE) among peers: -0.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southstone Minerals Limited (FDGMF) | $-1.54 Million | 0.00% | N/A | $65.85K |
| AIM Energy Inc (AEXE) | $-1.47 Million | 0.00% | 0.00x | $110.24K |
| Morien Resources Corp (APMCF) | $2.27 Million | -24.69% | 0.20x | $8.67 Million |
| Alliance Resource Partners LP (ARLP) | $-46.55 Million | 0.00% | 0.00x | $2.47 Billion |
| Peabody Energy Corp (BTU) | $2.73 Billion | -28.86% | 3.84x | $3.53 Billion |
| Consol Energy Inc (CEIX) | $551.61 Million | 27.73% | 4.00x | $2.71 Billion |
| Colombia Energy Resources Inc (CERX) | $-129.93K | 0.00% | 0.00x | $0.92 |
| Core Natural Resources, Inc. (CNR) | $553.52 Million | -1.76% | 3.56x | $4.91 Billion |
| China Shenhua Energy Co Ltd (CSUAY) | $84.21 Billion | 19.52% | 0.94x | $97.80 Billion |
| Feishang Anthracite Resources Limited (FSHRF) | $-551.82 Million | 0.00% | 0.00x | $1.85 Million |