Spark Energy Minerals Inc.
Spark Energy Minerals Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for lithium and rare earth elements. The company was formerly known as St. Anthony Gold Corp. and changed its name to Spark Energy Minerals Inc. in January 2023. Spark Energy Minerals Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada.
Spark Energy Minerals Inc. (SPARF) - Net Assets
Latest net assets as of October 2025: $3.94 Million USD
Based on the latest financial reports, Spark Energy Minerals Inc. (SPARF) has net assets worth $3.94 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.79 Million) and total liabilities ($1.85 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 | $3.94 Million |
| % of Total Assets | 68.09% |
| Annual Growth Rate | 12.1% |
| 5-Year Change | 50.14% |
| 10-Year Change | N/A |
| Growth Volatility | 1059.57 |
Spark Energy Minerals Inc. - Net Assets Trend (2002–2025)
This chart illustrates how Spark Energy Minerals Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spark Energy Minerals Inc. (2002–2025)
The table below shows the annual net assets of Spark Energy Minerals Inc. from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $4.31 Million | -19.61% |
| 2024-07-31 | $5.36 Million | -6.63% |
| 2023-07-31 | $5.74 Million | +4098.63% |
| 2022-07-31 | $136.80K | -95.24% |
| 2021-07-31 | $2.87 Million | +1096.61% |
| 2020-07-31 | $239.97K | +250.57% |
| 2019-07-31 | $-159.38K | -159.79% |
| 2018-07-31 | $266.58K | +59.31% |
| 2017-07-31 | $167.34K | +662.13% |
| 2016-07-31 | $-29.77K | -1979.29% |
| 2015-07-31 | $1.58K | -99.96% |
| 2014-07-31 | $3.62 Million | -10.05% |
| 2013-07-31 | $4.03 Million | -29.07% |
| 2012-07-31 | $5.68 Million | -7.04% |
| 2011-07-31 | $6.11 Million | -3.29% |
| 2010-07-31 | $6.32 Million | +1.82% |
| 2009-07-31 | $6.20 Million | +8.55% |
| 2008-07-31 | $5.71 Million | -12.82% |
| 2007-07-31 | $6.55 Million | +2.59% |
| 2006-07-31 | $6.39 Million | +1091.26% |
| 2005-07-31 | $536.29K | -13.02% |
| 2004-07-31 | $616.61K | +910.97% |
| 2003-07-31 | $-76.03K | -124.38% |
| 2002-07-31 | $311.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spark Energy Minerals Inc.'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 3743216400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.15 Million | 699.31% |
| Other Comprehensive Income | $4.12 Million | 95.63% |
| Other Components | $7.51 Million | 174.25% |
| Total Equity | $4.31 Million | 100.00% |
Spark Energy Minerals Inc. Competitors by Market Cap
The table below lists competitors of Spark Energy Minerals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LABYRINTH RESOURCES LTD.
F:GG20
|
$6.28 Million |
|
A.F.W Co. Ltd
KQ:312610
|
$6.29 Million |
|
DESENIO HOLDING AB
F:879
|
$6.29 Million |
|
Moong Pattana International Public Company Limited
BK:MOONG
|
$6.29 Million |
|
Nanollose Ltd
AU:NC6
|
$6.28 Million |
|
Harta Djaya Karya Tbk Pt
JK:MEJA
|
$6.28 Million |
|
ZHONGLIANG HLDG HD-01
F:3ZH
|
$6.28 Million |
|
Advance NanoTek Limited
F:BBJ
|
$6.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spark Energy Minerals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,362,866 to 4,311,288, a change of -1,051,578 (-19.6%).
- Net loss of 6,387,241 reduced equity.
- New share issuances of 659,300 increased equity.
- Other comprehensive income increased equity by 949,718.
- Other factors increased equity by 3,726,645.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.39 Million | -148.15% |
| Share Issuances | $659.30K | +15.29% |
| Other Comprehensive Income | $949.72K | +22.03% |
| Other Changes | $3.73 Million | +86.44% |
| Total Change | $- | -19.61% |
Book Value vs Market Value Analysis
This analysis compares Spark Energy Minerals Inc.'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.
- The price-to-book ratio has increased from 0.10x to 1.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-07-31 | $0.46 | $0.05 | x |
| 2003-07-31 | $-0.11 | $0.05 | x |
| 2004-07-31 | $0.42 | $0.05 | x |
| 2005-07-31 | $0.55 | $0.05 | x |
| 2006-07-31 | $5.71 | $0.05 | x |
| 2007-07-31 | $3.92 | $0.05 | x |
| 2008-07-31 | $3.40 | $0.05 | x |
| 2009-07-31 | $3.69 | $0.05 | x |
| 2010-07-31 | $3.75 | $0.05 | x |
| 2011-07-31 | $3.63 | $0.05 | x |
| 2012-07-31 | $3.38 | $0.05 | x |
| 2013-07-31 | $2.39 | $0.05 | x |
| 2014-07-31 | $2.17 | $0.05 | x |
| 2015-07-31 | $0.00 | $0.05 | x |
| 2016-07-31 | $-0.01 | $0.05 | x |
| 2017-07-31 | $0.07 | $0.05 | x |
| 2018-07-31 | $0.10 | $0.05 | x |
| 2019-07-31 | $-0.06 | $0.05 | x |
| 2020-07-31 | $0.07 | $0.05 | x |
| 2021-07-31 | $0.57 | $0.05 | x |
| 2022-07-31 | $0.02 | $0.05 | x |
| 2023-07-31 | $0.28 | $0.05 | x |
| 2024-07-31 | $0.10 | $0.05 | x |
| 2025-07-31 | $0.04 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spark Energy Minerals Inc. 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): -148.15%
- 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: 1.38x
- Recent ROE (-148.15%) is above the historical average (-760.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -6.97% | 0.00% | 0.00x | 1.06x | $-52.93K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.20K |
| 2004 | -13.58% | 0.00% | 0.00x | 1.01x | $-145.37K |
| 2005 | -11.17% | 0.00% | 0.00x | 1.27x | $-113.54K |
| 2006 | -52.56% | 0.00% | 0.00x | 1.02x | $-4.00 Million |
| 2007 | -38.88% | 0.00% | 0.00x | 1.01x | $-3.20 Million |
| 2008 | -23.43% | 0.00% | 0.00x | 1.03x | $-1.91 Million |
| 2009 | 3.08% | 0.00% | 0.00x | 1.00x | $-429.37K |
| 2010 | 1.20% | 0.00% | 0.00x | 1.00x | $-556.11K |
| 2011 | -2.98% | 0.00% | 0.00x | 1.00x | $-792.84K |
| 2012 | 3.62% | 0.00% | 0.00x | 1.01x | $-362.53K |
| 2013 | -43.11% | 0.00% | 0.00x | 1.01x | $-2.14 Million |
| 2014 | -12.95% | -745.20% | 0.02x | 1.03x | $-831.25K |
| 2015 | -12626.26% | 0.00% | 0.00x | 35.18x | $-200.16K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-137.02K |
| 2017 | -995.60% | 0.00% | 0.00x | 1.85x | $-1.68 Million |
| 2018 | -954.31% | 0.00% | 0.00x | 2.25x | $-2.57 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-830.06K |
| 2020 | -489.64% | 0.00% | 0.00x | 3.44x | $-1.20 Million |
| 2021 | -29.15% | 0.00% | 0.00x | 1.19x | $-1.12 Million |
| 2022 | -2697.41% | 0.00% | 0.00x | 6.78x | $-3.70 Million |
| 2023 | -27.30% | 0.00% | 0.00x | 1.15x | $-2.14 Million |
| 2024 | -75.81% | 0.00% | 0.00x | 1.27x | $-4.60 Million |
| 2025 | -148.15% | 0.00% | 0.00x | 1.38x | $-6.82 Million |
Industry Comparison
This section compares Spark Energy Minerals Inc.'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 |
|---|---|---|---|---|
| Spark Energy Minerals Inc. (SPARF) | $3.94 Million | -6.97% | 0.47x | $6.28 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 |