Sharpe Resources Corporation
Sharpe Resources Corporation engages in the exploration and development of mineral resources and oil and gas in the western United States. The company primarily focuses on the coal, coal bed methane, and shale gas projects. It principally holds interests in the coal seams on 17,000 acres property located in Preston County, West Virginia. The company was formerly known as Sharpe Energy & Resources… Read more
Sharpe Resources Corporation (SHGP) - Net Assets
Latest net assets as of September 2012: $-1.05 Million USD
Based on the latest financial reports, Sharpe Resources Corporation (SHGP) has net assets worth $-1.05 Million USD as of September 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.63K) and total liabilities ($1.08 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 | $-1.05 Million |
| % of Total Assets | -2935.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sharpe Resources Corporation - Net Assets Trend (2006–2011)
This chart illustrates how Sharpe Resources 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 Sharpe Resources Corporation (2006–2011)
The table below shows the annual net assets of Sharpe Resources Corporation from 2006 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $-966.84K | -3.38% |
| 2010-12-31 | $-935.20K | -73.99% |
| 2009-12-31 | $-537.49K | -26.89% |
| 2008-12-31 | $-423.59K | -41.17% |
| 2007-12-31 | $-300.07K | +18.91% |
| 2006-12-31 | $-370.02K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sharpe Resources 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 116556900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.53 Million | % |
| Other Components | $455.33K | % |
| Total Equity | $-966.84K | 100.00% |
Sharpe Resources Corporation Competitors by Market Cap
The table below lists competitors of Sharpe Resources Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oxford Investments Holdings Inc
PINK:OXIHF
|
$0.93 |
|
Wall Street Capital Inc
PINK:WSSE
|
$0.93 |
|
Imagination TV Inc
PINK:IMTV
|
$0.93 |
|
Renewal Fuels Inc
PINK:RNWF
|
$0.93 |
|
Syntrol Corp
PINK:SNLP
|
$0.93 |
|
Cygnus Oil & Gas Corp
PINK:CYNS
|
$0.93 |
|
InRob Tech Ltd
PINK:IRBL
|
$0.93 |
|
Caliber Imaging & Diagnostics Inc
PINK:LCDX
|
$0.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sharpe Resources Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from -935,199 to -966,839, a change of -31,640.
- Net loss of 93,290 reduced equity.
- Other factors increased equity by 61,650.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-93.29K | -9.65% |
| Other Changes | $61.65K | +6.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sharpe Resources 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Sharpe Resources 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -69.95%
- • Asset Turnover: 4.40x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | -1204.48% | 0.06x | 0.00x | $-312.02K |
| 2007 | 0.00% | -744.71% | 0.06x | 0.00x | $-218.27K |
| 2008 | 0.00% | -811.77% | 0.08x | 0.00x | $-279.14K |
| 2009 | 0.00% | -384.53% | 0.09x | 0.00x | $-60.15K |
| 2010 | 0.00% | -9259.72% | 0.50x | 0.00x | $-304.19K |
| 2011 | 0.00% | -69.95% | 4.40x | 0.00x | $3.39K |
Industry Comparison
This section compares Sharpe Resources Corporation's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $8,744,092,304
- Average return on equity (ROE) among peers: -23.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sharpe Resources Corporation (SHGP) | $-1.05 Million | 0.00% | N/A | $0.93 |
| 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 |
| Southstone Minerals Limited (FDGMF) | $995.43K | -225.71% | 4.43x | $65.85K |
| Feishang Anthracite Resources Limited (FSHRF) | $-551.82 Million | 0.00% | 0.00x | $1.85 Million |