Sherritt International Corporation
Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in Canada, Cuba, Europe, and Asia. It operates through Metals, Power, Oil and Gas, and Corporate and Other segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zin… Read more
Sherritt International Corporation (SHERF) - Net Assets
Latest net assets as of December 2025: $511.80 Million USD
Based on the latest financial reports, Sherritt International Corporation (SHERF) has net assets worth $511.80 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.23 Billion) and total liabilities ($715.50 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 | $511.80 Million |
| % of Total Assets | 41.7% |
| Annual Growth Rate | -3.03% |
| 5-Year Change | -12.51% |
| 10-Year Change | -53.38% |
| Growth Volatility | 32.15 |
Sherritt International Corporation - Net Assets Trend (1996–2025)
This chart illustrates how Sherritt International Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sherritt International Corporation (1996–2025)
The table below shows the annual net assets of Sherritt International Corporation from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $511.80 Million | -14.33% |
| 2024-12-31 | $597.40 Million | -2.64% |
| 2023-12-31 | $613.60 Million | -11.70% |
| 2022-12-31 | $694.90 Million | +18.79% |
| 2021-12-31 | $585.00 Million | -3.59% |
| 2020-12-31 | $606.80 Million | -15.97% |
| 2019-12-31 | $722.10 Million | -36.15% |
| 2018-12-31 | $1.13 Billion | +7.06% |
| 2017-12-31 | $1.06 Billion | -3.79% |
| 2016-12-31 | $1.10 Billion | -29.49% |
| 2015-12-31 | $1.56 Billion | -49.09% |
| 2014-12-31 | $3.06 Billion | -1.56% |
| 2013-12-31 | $3.11 Billion | -15.40% |
| 2012-12-31 | $3.67 Billion | -1.58% |
| 2011-12-31 | $3.73 Billion | -36.51% |
| 2010-12-31 | $5.88 Billion | +70.16% |
| 2009-12-31 | $3.45 Billion | -35.98% |
| 2008-12-31 | $5.40 Billion | +40.06% |
| 2007-12-31 | $3.85 Billion | +117.48% |
| 2006-12-31 | $1.77 Billion | +12.82% |
| 2005-12-31 | $1.57 Billion | +19.75% |
| 2004-12-31 | $1.31 Billion | -16.39% |
| 2003-12-31 | $1.57 Billion | +15.36% |
| 2002-12-31 | $1.36 Billion | +2.91% |
| 2001-12-31 | $1.32 Billion | +9.07% |
| 2000-12-31 | $1.21 Billion | +0.48% |
| 1999-12-31 | $1.21 Billion | +3.66% |
| 1998-12-31 | $1.16 Billion | -5.49% |
| 1997-12-31 | $1.23 Billion | -1.38% |
| 1996-12-31 | $1.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sherritt International Corporation'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 7772.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.91 Billion | 568.35% |
| Other Comprehensive Income | $641.10 Million | 125.26% |
| Total Equity | $511.80 Million | 100.00% |
Sherritt International Corporation Competitors by Market Cap
The table below lists competitors of Sherritt International Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Awale Resources Ltd
V:ARIC
|
$38.72 Million |
|
Pierce Group AB
ST:PIERCE
|
$38.72 Million |
|
Sunshine Metals Ltd
AU:SHN
|
$38.72 Million |
|
Clipan Finance Indonesia Tbk
JK:CFIN
|
$38.73 Million |
|
Heng Leasing & Capital PCL
BK:HENG
|
$38.71 Million |
|
Steer Technologies Inc.
V:ARGH
|
$38.70 Million |
|
Zapata Computing Holdings Inc. Common Stock
NASDAQ:ZPTA
|
$38.68 Million |
|
3S KOREA Co. Ltd
KQ:060310
|
$38.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sherritt International Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 597,400,000 to 511,800,000, a change of -85,600,000 (-14.3%).
- Net loss of 65,700,000 reduced equity.
- Other comprehensive income decreased equity by 33,800,000.
- Other factors increased equity by 13,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-65.70 Million | -12.84% |
| Other Comprehensive Income | $-33.80 Million | -6.6% |
| Other Changes | $13.90 Million | +2.72% |
| Total Change | $- | -14.33% |
Book Value vs Market Value Analysis
This analysis compares Sherritt International Corporation'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: 0.09x
- 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 |
|---|---|---|---|
| 1996-12-31 | $15.36 | $0.10 | x |
| 1997-12-31 | $17.08 | $0.10 | x |
| 1998-12-31 | $16.07 | $0.10 | x |
| 1999-12-31 | $13.26 | $0.10 | x |
| 2000-12-31 | $16.66 | $0.10 | x |
| 2001-12-31 | $8.39 | $0.10 | x |
| 2002-12-31 | $8.14 | $0.10 | x |
| 2003-12-31 | $11.87 | $0.10 | x |
| 2004-12-31 | $5.70 | $0.10 | x |
| 2005-12-31 | $6.83 | $0.10 | x |
| 2006-12-31 | $9.12 | $0.10 | x |
| 2007-12-31 | $12.81 | $0.10 | x |
| 2008-12-31 | $13.57 | $0.10 | x |
| 2009-12-31 | $11.66 | $0.10 | x |
| 2010-12-31 | $11.85 | $0.10 | x |
| 2011-12-31 | $12.59 | $0.10 | x |
| 2012-12-31 | $12.37 | $0.10 | x |
| 2013-12-31 | $10.47 | $0.10 | x |
| 2014-12-31 | $10.30 | $0.10 | x |
| 2015-12-31 | $5.30 | $0.10 | x |
| 2016-12-31 | $3.74 | $0.10 | x |
| 2017-12-31 | $3.49 | $0.10 | x |
| 2018-12-31 | $2.89 | $0.10 | x |
| 2019-12-31 | $1.82 | $0.10 | x |
| 2020-12-31 | $1.53 | $0.10 | x |
| 2021-12-31 | $1.47 | $0.10 | x |
| 2022-12-31 | $1.75 | $0.10 | x |
| 2023-12-31 | $1.54 | $0.10 | x |
| 2024-12-31 | $1.50 | $0.10 | x |
| 2025-12-31 | $1.10 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sherritt International Corporation 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): -12.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.06%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.40x
- Recent ROE (-12.84%) is below the historical average (-5.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 2.67% | 11.66% | 0.21x | 1.10x | $-91.45 Million |
| 1997 | 3.03% | 10.67% | 0.26x | 1.08x | $-85.73 Million |
| 1998 | -3.97% | -14.70% | 0.24x | 1.12x | $-161.95 Million |
| 1999 | 5.54% | 17.89% | 0.28x | 1.12x | $-53.68 Million |
| 2000 | 9.57% | 24.06% | 0.36x | 1.11x | $-5.24 Million |
| 2001 | 3.92% | 8.10% | 0.32x | 1.52x | $-80.09 Million |
| 2002 | 4.47% | 7.50% | 0.40x | 1.50x | $-74.93 Million |
| 2003 | 7.38% | 14.11% | 0.35x | 1.48x | $-41.01 Million |
| 2004 | 14.61% | 15.17% | 0.42x | 2.30x | $51.96 Million |
| 2005 | 9.15% | 11.35% | 0.39x | 2.05x | $-11.53 Million |
| 2006 | 15.57% | 22.04% | 0.44x | 1.62x | $87.87 Million |
| 2007 | 13.98% | 27.63% | 0.25x | 2.06x | $105.39 Million |
| 2008 | -7.77% | -17.98% | 0.17x | 2.56x | $-662.41 Million |
| 2009 | 2.48% | 5.80% | 0.15x | 2.87x | $-259.74 Million |
| 2010 | 6.10% | 12.08% | 0.17x | 3.05x | $-137.02 Million |
| 2011 | 5.29% | 9.97% | 0.30x | 1.74x | $-175.87 Million |
| 2012 | 0.92% | 1.83% | 0.27x | 1.84x | $-333.57 Million |
| 2013 | -21.25% | -147.22% | 0.07x | 2.08x | $-971.02 Million |
| 2014 | -9.48% | -63.65% | 0.09x | 1.73x | $-595.87 Million |
| 2015 | -133.37% | -618.25% | 0.08x | 2.63x | $-2.23 Billion |
| 2016 | -34.51% | -144.45% | 0.07x | 3.47x | $-488.69 Million |
| 2017 | 27.81% | 109.91% | 0.12x | 2.13x | $188.17 Million |
| 2018 | -5.68% | -41.99% | 0.07x | 1.94x | $-177.29 Million |
| 2019 | -50.51% | -265.04% | 0.08x | 2.41x | $-436.91 Million |
| 2020 | -14.12% | -71.54% | 0.09x | 2.23x | $-146.38 Million |
| 2021 | -2.29% | -12.16% | 0.08x | 2.39x | $-71.90 Million |
| 2022 | 9.14% | 35.51% | 0.11x | 2.24x | $-5.99 Million |
| 2023 | -10.53% | -28.93% | 0.16x | 2.27x | $-125.96 Million |
| 2024 | -12.19% | -45.84% | 0.11x | 2.31x | $-132.54 Million |
| 2025 | -12.84% | -37.06% | 0.14x | 2.40x | $-116.88 Million |
Industry Comparison
This section compares Sherritt International Corporation'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 |
|---|---|---|---|---|
| Sherritt International Corporation (SHERF) | $511.80 Million | 2.67% | 1.40x | $38.71 Million |
| 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 |