Strategic Metals Ltd
Strategic Metals Ltd., an exploration stage company, acquires, explores for, and evaluates mineral properties in Canada. It explores for gold, silver, lead, zinc, copper, tin, tungsten, vanadium, and lithium metals; and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, and carbonate replacement. The company was incorporated in 1988 and is headquartered in Vancouver, C… Read more
Strategic Metals Ltd (SMDZF) - Net Assets
Latest net assets as of September 2025: $89.72 Million USD
Based on the latest financial reports, Strategic Metals Ltd (SMDZF) has net assets worth $89.72 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 ($95.65 Million) and total liabilities ($5.94 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 | $89.72 Million |
| % of Total Assets | 93.79% |
| Annual Growth Rate | 19.56% |
| 5-Year Change | -4.42% |
| 10-Year Change | 24.99% |
| Growth Volatility | 77.67 |
Strategic Metals Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Strategic Metals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Strategic Metals Ltd (2001–2024)
The table below shows the annual net assets of Strategic Metals Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $85.42 Million | -1.87% |
| 2023-12-31 | $87.05 Million | -1.96% |
| 2022-12-31 | $88.79 Million | +2.01% |
| 2021-12-31 | $87.04 Million | -2.61% |
| 2020-12-31 | $89.37 Million | +18.12% |
| 2019-12-31 | $75.66 Million | +7.10% |
| 2018-12-31 | $70.64 Million | -6.93% |
| 2017-12-31 | $75.91 Million | +3.75% |
| 2016-12-31 | $73.17 Million | +7.06% |
| 2015-12-31 | $68.34 Million | -23.56% |
| 2014-12-31 | $89.40 Million | -4.27% |
| 2013-12-31 | $93.39 Million | -16.01% |
| 2012-12-31 | $111.18 Million | +21.11% |
| 2011-12-31 | $91.80 Million | -4.67% |
| 2010-12-31 | $96.30 Million | +232.54% |
| 2009-12-31 | $28.96 Million | +37.89% |
| 2008-12-31 | $21.00 Million | -20.18% |
| 2007-12-31 | $26.31 Million | +292.17% |
| 2006-12-31 | $6.71 Million | +28.43% |
| 2005-12-31 | $5.22 Million | +50.00% |
| 2004-12-31 | $3.48 Million | +12.51% |
| 2003-12-31 | $3.10 Million | +130.81% |
| 2002-12-31 | $1.34 Million | -4.45% |
| 2001-12-31 | $1.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strategic Metals Ltd'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 1301187500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $55.87 Million | 131.05% |
| Other Comprehensive Income | $2.72 Million | 6.38% |
| Total Equity | $42.63 Million | 100.00% |
Strategic Metals Ltd Competitors by Market Cap
The table below lists competitors of Strategic Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Borealis Exploration Ltd
PINK:BOREF
|
$11.47 Million |
|
Almadex Minerals Ltd
PINK:AAMMF
|
$11.47 Million |
|
Sena J Property PCL
BK:SENX
|
$11.48 Million |
|
Urbi Desarrollos Urbanos S.A.B. de C.V
MX:URBI
|
$11.48 Million |
|
Sensei Biotherapeutics Inc
NASDAQ:SNSE
|
$11.47 Million |
|
INSPIRATION HEA.GR.LS-10
F:LXD1
|
$11.46 Million |
|
Luna Innovations Incorporated
NASDAQ:LUNA
|
$11.46 Million |
|
FREEPORT RES
F:4XH
|
$11.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strategic Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,252,779 to 42,633,026, a change of -3,619,753 (-7.8%).
- Net loss of 3,010,000 reduced equity.
- New share issuances of 1,131,000 increased equity.
- Other comprehensive income increased equity by 2,721,098.
- Other factors decreased equity by 4,461,851.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.01 Million | -7.06% |
| Share Issuances | $1.13 Million | +2.65% |
| Other Comprehensive Income | $2.72 Million | +6.38% |
| Other Changes | $-4.46 Million | -10.47% |
| Total Change | $- | -7.83% |
Book Value vs Market Value Analysis
This analysis compares Strategic Metals Ltd'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: 0.29x
- 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 |
|---|---|---|---|
| 2001-12-31 | $0.47 | $0.11 | x |
| 2002-12-31 | $0.34 | $0.11 | x |
| 2003-12-31 | $0.39 | $0.11 | x |
| 2004-12-31 | $0.11 | $0.11 | x |
| 2005-12-31 | $0.16 | $0.11 | x |
| 2006-12-31 | $0.16 | $0.11 | x |
| 2007-12-31 | $0.52 | $0.11 | x |
| 2008-12-31 | $0.36 | $0.11 | x |
| 2009-12-31 | $0.51 | $0.11 | x |
| 2010-12-31 | $1.44 | $0.11 | x |
| 2011-12-31 | $0.87 | $0.11 | x |
| 2012-12-31 | $0.97 | $0.11 | x |
| 2013-12-31 | $0.77 | $0.11 | x |
| 2014-12-31 | $0.74 | $0.11 | x |
| 2015-12-31 | $0.62 | $0.11 | x |
| 2016-12-31 | $0.67 | $0.11 | x |
| 2017-12-31 | $0.63 | $0.11 | x |
| 2018-12-31 | $0.58 | $0.11 | x |
| 2019-12-31 | $0.55 | $0.11 | x |
| 2020-12-31 | $0.56 | $0.11 | x |
| 2021-12-31 | $0.50 | $0.11 | x |
| 2022-12-31 | $0.44 | $0.11 | x |
| 2023-12-31 | $0.42 | $0.11 | x |
| 2024-12-31 | $0.38 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strategic Metals Ltd 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): -7.06%
- 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: 2.13x
- Recent ROE (-7.06%) is above the historical average (-13.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -192.87% | 0.00% | 0.00x | 1.01x | $-2.85 Million |
| 2002 | -13.50% | 0.00% | 0.00x | 1.10x | $-315.15K |
| 2003 | -22.52% | 0.00% | 0.00x | 1.01x | $-1.01 Million |
| 2004 | -9.13% | 0.00% | 0.00x | 1.03x | $-666.28K |
| 2005 | -1.09% | 0.00% | 0.00x | 1.02x | $-579.43K |
| 2006 | 10.57% | 0.00% | 0.00x | 1.03x | $38.51K |
| 2007 | 25.76% | 0.00% | 0.00x | 1.07x | $4.14 Million |
| 2008 | 1.75% | 0.00% | 0.00x | 1.04x | $-1.72 Million |
| 2009 | -9.08% | 0.00% | 0.00x | 1.06x | $-5.51 Million |
| 2010 | -0.60% | 0.00% | 0.00x | 1.09x | $-10.21 Million |
| 2011 | -44.25% | 0.00% | 0.00x | 1.29x | $-41.27 Million |
| 2012 | 8.17% | 0.00% | 0.00x | 1.41x | $-1.60 Million |
| 2013 | -27.31% | 0.00% | 0.00x | 1.44x | $-25.82 Million |
| 2014 | -5.46% | 0.00% | 0.00x | 1.46x | $-10.11 Million |
| 2015 | -20.66% | 0.00% | 0.00x | 1.33x | $-16.67 Million |
| 2016 | 5.94% | 0.00% | 0.00x | 1.31x | $-2.41 Million |
| 2017 | -4.99% | 0.00% | 0.00x | 1.42x | $-8.49 Million |
| 2018 | -9.97% | 0.00% | 0.00x | 1.43x | $-10.39 Million |
| 2019 | -3.49% | 0.00% | 0.00x | 1.57x | $-6.91 Million |
| 2020 | 7.69% | 0.00% | 0.00x | 1.68x | $-1.34 Million |
| 2021 | -8.51% | 0.00% | 0.00x | 1.77x | $-9.86 Million |
| 2022 | -6.42% | 0.00% | 0.00x | 1.98x | $-7.98 Million |
| 2023 | -5.26% | 0.00% | 0.00x | 2.02x | $-7.06 Million |
| 2024 | -7.06% | 0.00% | 0.00x | 2.13x | $-7.27 Million |
Industry Comparison
This section compares Strategic Metals Ltd'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 |
|---|---|---|---|---|
| Strategic Metals Ltd (SMDZF) | $89.72 Million | -192.87% | 0.07x | $11.47 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 |