Smooth Rock Ventures Corp
Smooth Rock Ventures Corp. engages in the acquisition and exploration of mineral properties. The company primarily explores for gold deposits. It holds a 100% undivided interest in the Palmetto Project comprising of 79 unpatented mining claims covering an area of 2117 acres located in Esmeralda County, Nevada; and the Giroux Project consisting of 12 patented claims and 36 unpatented mining claims… Read more
Smooth Rock Ventures Corp (SMRVF) - Net Assets
Latest net assets as of September 2025: $336.24K USD
Based on the latest financial reports, Smooth Rock Ventures Corp (SMRVF) has net assets worth $336.24K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.29 Million) and total liabilities ($955.76K). 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 | $336.24K |
| % of Total Assets | 26.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | -79.87% |
| 10-Year Change | -84.96% |
| Growth Volatility | 372.81 |
Smooth Rock Ventures Corp - Net Assets Trend (1998–2024)
This chart illustrates how Smooth Rock Ventures 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 Smooth Rock Ventures Corp (1998–2024)
The table below shows the annual net assets of Smooth Rock Ventures Corp from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $433.91K | -54.53% |
| 2023-12-31 | $954.31K | -30.00% |
| 2022-12-31 | $1.36 Million | -35.99% |
| 2021-12-31 | $2.13 Million | -1.21% |
| 2020-12-31 | $2.16 Million | +113.91% |
| 2019-12-31 | $1.01 Million | +1096.33% |
| 2018-12-31 | $84.24K | -57.27% |
| 2017-12-31 | $197.16K | -92.72% |
| 2016-12-31 | $2.71 Million | -6.14% |
| 2015-12-31 | $2.89 Million | +104.81% |
| 2014-12-31 | $1.41 Million | -13.28% |
| 2013-12-31 | $1.62 Million | +16.15% |
| 2012-12-31 | $1.40 Million | -47.93% |
| 2011-12-31 | $2.69 Million | +180.48% |
| 2010-12-31 | $-3.34 Million | -409.66% |
| 2009-12-31 | $1.08 Million | +6.37% |
| 2008-12-31 | $1.01 Million | -75.90% |
| 2007-12-31 | $4.20 Million | -24.80% |
| 2006-12-31 | $5.59 Million | +1230.29% |
| 2005-12-31 | $420.29K | -0.56% |
| 2004-12-31 | $422.67K | +51.45% |
| 2003-12-31 | $279.08K | +225.91% |
| 2002-12-31 | $-221.66K | -73.46% |
| 2001-12-31 | $-127.78K | -249.34% |
| 2000-12-31 | $-36.58K | +18.71% |
| 1999-12-31 | $-45.00K | +67.84% |
| 1998-12-31 | $-139.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smooth Rock Ventures 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 2114630200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.10 Million | 5093.70% |
| Other Comprehensive Income | $4.94 Million | 1137.96% |
| Total Equity | $433.91K | 100.00% |
Smooth Rock Ventures Corp Competitors by Market Cap
The table below lists competitors of Smooth Rock Ventures Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bourrelier Group SA
PA:ALBOU
|
$497.54K |
|
Tortoise Energy Infrastructure Closed Fund
NYSE:TYG
|
$497.61K |
|
JUGGERNAUT EXPLOR
F:4JE1
|
$497.66K |
|
Bespoke Extracts Inc
OTCQB:BSPK
|
$498.21K |
|
Spotr Group AB
ST:SPOTR
|
$496.71K |
|
BIC (BIF.SG)
STU:BIF
|
$496.54K |
|
ROSENBAUER INTERNAT
MU:ROI
|
$496.49K |
|
Fort St James Nickel Corp
V:FTJ
|
$496.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smooth Rock Ventures Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 954,310 to 433,909, a change of -520,401 (-54.5%).
- Net loss of 520,401 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-520.40K | -119.93% |
| Total Change | $- | -54.53% |
Book Value vs Market Value Analysis
This analysis compares Smooth Rock Ventures 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: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $-30.35 | $0.04 | x |
| 1999-12-31 | $-7.93 | $0.04 | x |
| 2000-12-31 | $-5.80 | $0.04 | x |
| 2001-12-31 | $-20.25 | $0.04 | x |
| 2002-12-31 | $-34.12 | $0.04 | x |
| 2003-12-31 | $30.69 | $0.04 | x |
| 2004-12-31 | $15.49 | $0.04 | x |
| 2005-12-31 | $11.38 | $0.04 | x |
| 2006-12-31 | $80.61 | $0.04 | x |
| 2007-12-31 | $36.86 | $0.04 | x |
| 2008-12-31 | $6.69 | $0.04 | x |
| 2009-12-31 | $6.64 | $0.04 | x |
| 2010-12-31 | $-17.77 | $0.04 | x |
| 2011-12-31 | $11.08 | $0.04 | x |
| 2012-12-31 | $1.70 | $0.04 | x |
| 2013-12-31 | $1.55 | $0.04 | x |
| 2014-12-31 | $0.97 | $0.04 | x |
| 2015-12-31 | $1.33 | $0.04 | x |
| 2016-12-31 | $0.88 | $0.04 | x |
| 2017-12-31 | $0.06 | $0.04 | x |
| 2018-12-31 | $0.02 | $0.04 | x |
| 2019-12-31 | $0.15 | $0.04 | x |
| 2020-12-31 | $0.22 | $0.04 | x |
| 2021-12-31 | $0.17 | $0.04 | x |
| 2022-12-31 | $0.11 | $0.04 | x |
| 2023-12-31 | $0.08 | $0.04 | x |
| 2024-12-31 | $0.04 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smooth Rock Ventures 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): -119.93%
- 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: 3.23x
- Recent ROE (-119.93%) is below the historical average (-91.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | -21598500.00% | 0.00x | 0.00x | $-201.99K |
| 1999 | 0.00% | -27413700.00% | 0.00x | 0.00x | $-269.64K |
| 2000 | 0.00% | -11090950.00% | 0.00x | 0.00x | $-218.16K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-78.43K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-55.78K |
| 2003 | -142.01% | 0.00% | 0.00x | 1.21x | $-424.24K |
| 2004 | -38.09% | 0.00% | 0.00x | 1.24x | $-203.27K |
| 2005 | -109.21% | 0.00% | 0.00x | 1.42x | $-501.03K |
| 2006 | -26.06% | 0.00% | 0.00x | 1.01x | $-2.02 Million |
| 2007 | -51.16% | 0.00% | 0.00x | 1.19x | $-2.57 Million |
| 2008 | -478.49% | 0.00% | 0.00x | 1.58x | $-4.95 Million |
| 2009 | -37.86% | 0.00% | 0.00x | 1.69x | $-515.78K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.37 Million |
| 2011 | 101.99% | 0.00% | 0.00x | 1.17x | $2.47 Million |
| 2012 | -133.91% | 0.00% | 0.00x | 1.08x | $-2.01 Million |
| 2013 | -30.35% | 0.00% | 0.00x | 1.10x | $-655.53K |
| 2014 | -15.32% | 0.00% | 0.00x | 1.18x | $-356.65K |
| 2015 | -52.19% | 0.00% | 0.00x | 1.03x | $-1.79 Million |
| 2016 | -6.55% | 0.00% | 0.00x | 1.02x | $-448.08K |
| 2017 | -121.68% | 0.00% | 0.00x | 1.61x | $-259.61K |
| 2018 | -982.76% | 0.00% | 0.00x | 1.41x | $-836.34K |
| 2019 | -51.41% | 0.00% | 0.00x | 1.08x | $-618.88K |
| 2020 | -31.35% | 0.00% | 0.00x | 1.07x | $-891.39K |
| 2021 | -15.16% | 0.00% | 0.00x | 1.18x | $-535.79K |
| 2022 | -65.21% | 0.00% | 0.00x | 1.46x | $-1.03 Million |
| 2023 | -52.50% | 0.00% | 0.00x | 1.97x | $-596.43K |
| 2024 | -119.93% | 0.00% | 0.00x | 3.23x | $-563.79K |
Industry Comparison
This section compares Smooth Rock Ventures 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 |
|---|---|---|---|---|
| Smooth Rock Ventures Corp (SMRVF) | $336.24K | 0.00% | 2.84x | $497.40K |
| 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 |