SLCND
Silicon Metals Corp., a resource exploration and development company, focuses on the acquisition and exploration of mineral properties. It has an option agreement to acquire a 60% interest in the Hedge Hog property located in Cariboo Mining Division in British Columbia; and a 100% interest in the Ptarmigan Silica Project located in British Columbia. The company was formerly known as West Oak Gold… Read more
SLCND (SLCND) - Net Assets
Latest net assets as of September 2025: $1.40 Million USD
Based on the latest financial reports, SLCND (SLCND) has net assets worth $1.40 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.59 Million) and total liabilities ($191.77K). 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 | $1.40 Million |
| % of Total Assets | 87.96% |
| Annual Growth Rate | 38.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 38.92 |
SLCND - Net Assets Trend (2020–2024)
This chart illustrates how SLCND's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SLCND (2020–2024)
The table below shows the annual net assets of SLCND from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $853.66K | +40.63% |
| 2023-12-31 | $607.04K | +52.31% |
| 2022-12-31 | $398.55K | -12.46% |
| 2021-12-31 | $455.26K | +96.84% |
| 2020-12-31 | $231.29K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SLCND'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 127042900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.14 Million | 251.01% |
| Total Equity | $853.66K | 100.00% |
SLCND Competitors by Market Cap
The table below lists competitors of SLCND ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silver Bullet Data Services Group PLC
LSE:SBDS
|
$488.72 |
|
Igoria Trade S.A.
WAR:IGT
|
$488.95 |
|
Fame Productions Inc
PINK:FMPR
|
$489.02 |
|
United Insurance Company of Pakistan Ltd
KAR:UNIC
|
$490.48 |
|
AC/DC Battery Metals Inc.
V:ACDC
|
$487.04 |
|
UNION HOMES REAL ESTATE INVESTMENT TRUST PLC
XNSA:UHOMREIT
|
$486.88 |
|
Kohinoor Energy Ltd
KAR:KOHE
|
$486.70 |
|
MITRA ADIPERKASA (QGI.SG)
STU:QGI
|
$486.47 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SLCND's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 607,043 to 853,661, a change of 246,618 (40.6%).
- Net loss of 941,745 reduced equity.
- New share issuances of 796,145 increased equity.
- Other factors increased equity by 392,218.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-941.75K | -110.32% |
| Share Issuances | $796.14K | +93.26% |
| Other Changes | $392.22K | +45.95% |
| Total Change | $- | 40.63% |
Book Value vs Market Value Analysis
This analysis compares SLCND'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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.33x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.04 | $0.05 | x |
| 2021-12-31 | $0.07 | $0.05 | x |
| 2022-12-31 | $0.06 | $0.05 | x |
| 2023-12-31 | $0.06 | $0.05 | x |
| 2024-12-31 | $0.04 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SLCND 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): -110.32%
- 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: 1.35x
- Recent ROE (-110.32%) is below the historical average (-43.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -23.75% | 0.00% | 0.00x | 1.07x | $-153.66K |
| 2022 | -14.23% | 0.00% | 0.00x | 1.05x | $-96.56K |
| 2023 | -26.99% | 0.00% | 0.00x | 1.13x | $-224.54K |
| 2024 | -110.32% | 0.00% | 0.00x | 1.35x | $-1.03 Million |
Industry Comparison
This section compares SLCND'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 |
|---|---|---|---|---|
| SLCND (SLCND) | $1.40 Million | -23.75% | 0.14x | $488.07 |
| 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 |