Sidney Resources Corp
Sidney Resources Corp. develops and mines mineral properties. it explores for gold and silver deposits. The company owns interests in the Lucky Ben Mine Group properties consisting of three patented claims covering approximately 53 acres and fourteen unpatented claims that covers approximately 200 acres located in the Warren Mining District in Idaho. It also holds 100% interests in the Walla Wall… Read more
Sidney Resources Corp (SDRC) - Net Assets
Latest net assets as of March 2025: $7.98 Million USD
Based on the latest financial reports, Sidney Resources Corp (SDRC) has net assets worth $7.98 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.68 Million) and total liabilities ($1.70 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 | $7.98 Million |
| % of Total Assets | 82.48% |
| Annual Growth Rate | N/A |
| 5-Year Change | 237.66% |
| 10-Year Change | 1720.44% |
| Growth Volatility | 151.18 |
Sidney Resources Corp - Net Assets Trend (2008–2024)
This chart illustrates how Sidney Resources 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 Sidney Resources Corp (2008–2024)
The table below shows the annual net assets of Sidney Resources Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.88 Million | +8.32% |
| 2023-12-31 | $4.51 Million | +115.36% |
| 2022-12-31 | $2.09 Million | -21.26% |
| 2021-12-31 | $2.66 Million | +83.84% |
| 2020-12-31 | $1.45 Million | +524.97% |
| 2019-12-31 | $231.39K | -12.29% |
| 2018-12-31 | $263.82K | -2.19% |
| 2017-12-31 | $269.73K | +6.87% |
| 2016-12-31 | $252.38K | -5.91% |
| 2015-12-31 | $268.23K | -17.17% |
| 2014-12-31 | $323.82K | +39.68% |
| 2013-12-31 | $231.83K | +144.53% |
| 2011-12-31 | $-520.59K | -18.62% |
| 2010-12-31 | $-438.87K | -32.97% |
| 2009-12-31 | $-330.05K | -13007.70% |
| 2008-12-31 | $-2.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sidney Resources 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 1144274900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.55 Million | 113.73% |
| Other Comprehensive Income | $56.55K | 1.16% |
| Other Components | $13.69 Million | 280.32% |
| Total Equity | $4.88 Million | 100.00% |
Sidney Resources Corp Competitors by Market Cap
The table below lists competitors of Sidney Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PROTEOLOGICS - Tel Aviv Stock Exchang
TA:PRTL
|
$2.12K |
|
Black Rose Projects S.A.
WAR:BRP
|
$2.12K |
|
ATMP3F
SA:ATMP3F
|
$2.12K |
|
Indus Gas Limited
LSE:INDI
|
$2.12K |
|
Traction Uranium Corp.
OTCQB:TRCTD
|
$2.11K |
|
Linklogis Inc. Class B
F:0NY
|
$2.11K |
|
American Noble Gas Inc.
OTCQB:AMNI
|
$2.11K |
|
Asia Pacific Investment JSC
VN:API
|
$2.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sidney Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,508,011 to 4,882,980, a change of 374,969 (8.3%).
- Net loss of 3,447,000 reduced equity.
- Other comprehensive income increased equity by 56,300.
- Other factors increased equity by 3,765,669.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.45 Million | -70.59% |
| Other Comprehensive Income | $56.30K | +1.15% |
| Other Changes | $3.77 Million | +77.12% |
| Total Change | $- | 8.32% |
Book Value vs Market Value Analysis
This analysis compares Sidney Resources 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: 17.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.00 | $0.23 | x |
| 2009-12-31 | $0.00 | $0.23 | x |
| 2010-12-31 | $0.00 | $0.23 | x |
| 2011-12-31 | $0.00 | $0.23 | x |
| 2015-12-31 | $0.00 | $0.23 | x |
| 2016-12-31 | $0.00 | $0.23 | x |
| 2017-12-31 | $0.00 | $0.23 | x |
| 2018-12-31 | $0.00 | $0.23 | x |
| 2019-12-31 | $0.00 | $0.23 | x |
| 2020-12-31 | $0.01 | $0.23 | x |
| 2021-12-31 | $0.01 | $0.23 | x |
| 2022-12-31 | $0.01 | $0.23 | x |
| 2023-12-31 | $0.01 | $0.23 | x |
| 2024-12-31 | $0.01 | $0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sidney Resources 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): -70.59%
- 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: 2.17x
- Recent ROE (-70.59%) is below the historical average (-17.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-424.76K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-508.97K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-117.23K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-283.78K |
| 2013 | 336.68% | 0.00% | 0.00x | 1.23x | $757.32K |
| 2014 | -41.62% | 0.00% | 0.00x | 1.16x | $-167.14K |
| 2015 | -28.18% | 0.00% | 0.00x | 1.23x | $-102.41K |
| 2016 | -6.28% | 0.00% | 0.00x | 1.26x | $-41.09K |
| 2017 | -15.81% | 0.00% | 0.00x | 1.51x | $-69.63K |
| 2018 | -202.41% | 0.00% | 0.00x | 1.31x | $-560.38K |
| 2019 | -14.02% | 0.00% | 0.00x | 1.38x | $-55.57K |
| 2020 | -65.00% | 0.00% | 0.00x | 1.11x | $-1.08 Million |
| 2021 | -79.52% | 0.00% | 0.00x | 1.04x | $-2.38 Million |
| 2022 | -8.17% | 0.00% | 0.00x | 1.13x | $-380.33K |
| 2023 | -80.79% | 0.00% | 0.00x | 1.24x | $-4.09 Million |
| 2024 | -70.59% | 0.00% | 0.00x | 2.17x | $-3.94 Million |
Industry Comparison
This section compares Sidney Resources 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 |
|---|---|---|---|---|
| Sidney Resources Corp (SDRC) | $7.98 Million | 0.00% | 0.21x | $2.12K |
| 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 |