Select Sands Corp
Select Sands Corp., together with its subsidiaries, engages in quarrying and producing silica sand. The company holds interest in the Sandtown project located in northeast Arkansas, the United States. It sells its products to industrial and energy customers. Select Sands Corp. was formerly known as La Ronge Gold Corp. and changed its name to Select Sands Corp. in November 2014. The company was in… Read more
Select Sands Corp (SLSDF) - Net Assets
Latest net assets as of September 2023: $3.52 Million USD
Based on the latest financial reports, Select Sands Corp (SLSDF) has net assets worth $3.52 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.04 Million) and total liabilities ($14.52 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 | $3.52 Million |
| % of Total Assets | 19.52% |
| Annual Growth Rate | 1.38% |
| 5-Year Change | -70.7% |
| 10-Year Change | 23.06% |
| Growth Volatility | 81.12 |
Select Sands Corp - Net Assets Trend (2007–2022)
This chart illustrates how Select Sands 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 Select Sands Corp (2007–2022)
The table below shows the annual net assets of Select Sands Corp from 2007 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $6.05 Million | -12.89% |
| 2021-12-31 | $6.95 Million | -17.83% |
| 2020-12-31 | $8.45 Million | -25.81% |
| 2019-12-31 | $11.40 Million | -44.83% |
| 2018-12-31 | $20.66 Million | +1.21% |
| 2017-12-31 | $20.41 Million | +16.24% |
| 2016-12-31 | $17.56 Million | +193.43% |
| 2015-12-31 | $5.98 Million | +28.67% |
| 2015-07-31 | $4.65 Million | -5.43% |
| 2014-12-31 | $4.92 Million | -13.34% |
| 2013-12-31 | $5.67 Million | -15.52% |
| 2012-12-31 | $6.72 Million | +252.31% |
| 2011-12-31 | $1.91 Million | -65.09% |
| 2010-12-31 | $5.46 Million | -14.90% |
| 2009-12-31 | $6.42 Million | -0.38% |
| 2008-12-31 | $6.44 Million | +30.71% |
| 2007-12-31 | $4.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Select Sands 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 27132.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.79 Million | 574.86% |
| Other Comprehensive Income | $5.66 Million | 93.55% |
| Other Components | $18.35K | 0.30% |
| Total Equity | $6.05 Million | 100.00% |
Select Sands Corp Competitors by Market Cap
The table below lists competitors of Select Sands Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
At-Tahur Ltd.
KAR:PREMA
|
$885.29 |
|
Manila Broadcasting Co
PSE:MBC
|
$885.95 |
|
Pruksa Holding PCL
STU:2PR3
|
$887.16 |
|
International Digital Holding Inc
PINK:IDIG
|
$890.09 |
|
Finsbury Growth & Income Trust
LSE:FGT
|
$884.29 |
|
Doseology Sciences Inc.
OTCQB:DOSEF
|
$883.41 |
|
Huddled Group Plc
LSE:HUD
|
$881.37 |
|
4 Less Group Inc
PINK:FLES
|
$881.18 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Select Sands Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 6,947,265 to 6,051,440, a change of -895,825 (-12.9%).
- Net loss of 868,000 reduced equity.
- Other comprehensive income decreased equity by 30,263.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-868.00K | -14.34% |
| Other Comprehensive Income | $-30.26K | -0.5% |
| Other Changes | $2.44K | +0.04% |
| Total Change | $- | -12.89% |
Book Value vs Market Value Analysis
This analysis compares Select Sands 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: 0.03x
- 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 |
|---|---|---|---|
| 2007-12-31 | $1.90 | $0.00 | x |
| 2008-12-31 | $1.14 | $0.00 | x |
| 2009-12-31 | $0.74 | $0.00 | x |
| 2010-12-31 | $0.52 | $0.00 | x |
| 2011-12-31 | $0.16 | $0.00 | x |
| 2012-12-31 | $0.27 | $0.00 | x |
| 2013-12-31 | $0.17 | $0.00 | x |
| 2014-12-31 | $0.13 | $0.00 | x |
| 2015-12-31 | $0.14 | $0.00 | x |
| 2016-12-31 | $0.29 | $0.00 | x |
| 2017-12-31 | $0.24 | $0.00 | x |
| 2018-12-31 | $0.23 | $0.00 | x |
| 2019-12-31 | $0.13 | $0.00 | x |
| 2020-12-31 | $0.10 | $0.00 | x |
| 2021-12-31 | $0.08 | $0.00 | x |
| 2022-12-31 | $0.07 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Select Sands 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): -14.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.89%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 3.46x
- Recent ROE (-14.34%) is above the historical average (-35.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 2.58% | 0.00% | 0.00x | 1.07x | $-365.55K |
| 2008 | -5.32% | 0.00% | 0.00x | 1.06x | $-987.19K |
| 2009 | -7.91% | 0.00% | 0.00x | 1.11x | $-1.15 Million |
| 2010 | -31.02% | 0.00% | 0.00x | 1.05x | $-2.24 Million |
| 2011 | -283.96% | 0.00% | 0.00x | 1.12x | $-5.60 Million |
| 2012 | -21.77% | -5866.13% | 0.00x | 1.06x | $-2.13 Million |
| 2013 | -26.96% | 0.00% | 0.00x | 1.04x | $-2.10 Million |
| 2014 | -26.33% | 0.00% | 0.00x | 1.04x | $-1.79 Million |
| 2015 | -18.14% | 0.00% | 0.00x | 1.03x | $-1.31 Million |
| 2015 | -14.19% | 0.00% | 0.00x | 1.01x | $-1.45 Million |
| 2016 | -14.08% | 0.00% | 0.00x | 1.02x | $-4.23 Million |
| 2017 | -7.70% | -10.37% | 0.61x | 1.22x | $-3.61 Million |
| 2018 | -2.30% | -2.37% | 0.77x | 1.25x | $-2.54 Million |
| 2019 | -81.18% | -212.11% | 0.26x | 1.45x | $-10.39 Million |
| 2020 | -34.36% | -29.95% | 0.47x | 2.45x | $-3.75 Million |
| 2021 | -24.14% | -8.49% | 1.03x | 2.76x | $-2.37 Million |
| 2022 | -14.34% | -3.89% | 1.07x | 3.46x | $-1.47 Million |
Industry Comparison
This section compares Select Sands Corp'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 |
|---|---|---|---|---|
| Select Sands Corp (SLSDF) | $3.52 Million | 2.58% | 4.12x | $885.00 |
| 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 |