Sarama Resources Ltd
Sarama Resources Ltd, an exploration stage company, engages in the sourcing, acquisition, exploration, and development of gold deposits in Australia. The company holds 80% interests in the Cosmo gold project, which comprises 7 contiguous exploration tenements covering an area of approximately 580 square kilometers located in Western Australia; and the Mt Venn project covering an area of approxima… Read more
Sarama Resources Ltd (SRMMF) - Net Assets
Latest net assets as of September 2025: $-305.83K USD
Based on the latest financial reports, Sarama Resources Ltd (SRMMF) has net assets worth $-305.83K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.32 Million) and total liabilities ($1.62 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 | $-305.83K |
| % of Total Assets | -23.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | -110.41% |
| 10-Year Change | -101.0% |
| Growth Volatility | 50.62 |
Sarama Resources Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Sarama Resources 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 Sarama Resources Ltd (2011–2024)
The table below shows the annual net assets of Sarama Resources Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-233.00K | -117.48% |
| 2023-12-31 | $1.33 Million | -43.16% |
| 2022-12-31 | $2.35 Million | +88.52% |
| 2021-12-31 | $1.24 Million | -44.39% |
| 2020-12-31 | $2.24 Million | -20.33% |
| 2019-12-31 | $2.81 Million | +19.46% |
| 2018-12-31 | $2.35 Million | +14.71% |
| 2017-12-31 | $2.05 Million | -91.28% |
| 2016-12-31 | $23.49 Million | +1.25% |
| 2015-12-31 | $23.20 Million | -19.07% |
| 2014-12-31 | $28.67 Million | -0.59% |
| 2013-12-31 | $28.84 Million | +3.47% |
| 2012-12-31 | $27.87 Million | +26.24% |
| 2011-12-31 | $22.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sarama Resources 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 6509994300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $61.48 Million | % |
| Other Comprehensive Income | $5.32 Million | % |
| Other Components | $36.59K | % |
| Total Equity | $-233.00K | 100.00% |
Sarama Resources Ltd Competitors by Market Cap
The table below lists competitors of Sarama Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EPLUS (MLE.SG)
STU:MLE
|
$614.99K |
|
RM2 International Inc.
PINK:RMTO
|
$615.12K |
|
Niagara Mohawk Power Corp
NYSE:NMKBP
|
$616.16K |
|
Crest Resources Inc
PINK:CRSTF
|
$616.30K |
|
BT Brands Inc. Warrant
NASDAQ:BTBDW
|
$614.32K |
|
Engineer Gold Mines Ltd
PINK:EGMLF
|
$614.21K |
|
FINMECCANICA
HM:FMNB
|
$614.15K |
|
FireFox Gold Corp
OTCQB:FFOXF
|
$613.99K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sarama Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,333,168 to -233,000, a change of -1,566,168 (-117.5%).
- Net loss of 4,077,234 reduced equity.
- New share issuances of 2,000,114 increased equity.
- Other comprehensive income increased equity by 188,708.
- Other factors increased equity by 322,244.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.08 Million | -1749.89% |
| Share Issuances | $2.00 Million | +858.42% |
| Other Comprehensive Income | $188.71K | +80.99% |
| Other Changes | $322.24K | +138.3% |
| Total Change | $- | -117.48% |
Book Value vs Market Value Analysis
This analysis compares Sarama Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $1.93 | $0.00 | x |
| 2012-12-31 | $1.54 | $0.00 | x |
| 2013-12-31 | $1.31 | $0.00 | x |
| 2014-12-31 | $1.11 | $0.00 | x |
| 2015-12-31 | $0.80 | $0.00 | x |
| 2016-12-31 | $0.68 | $0.00 | x |
| 2017-12-31 | $0.05 | $0.00 | x |
| 2018-12-31 | $0.04 | $0.00 | x |
| 2019-12-31 | $0.04 | $0.00 | x |
| 2020-12-31 | $0.03 | $0.00 | x |
| 2021-12-31 | $0.01 | $0.00 | x |
| 2022-12-31 | $0.02 | $0.00 | x |
| 2023-12-31 | $0.01 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sarama Resources 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-81.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -6.79% | -76.72% | 0.08x | 1.07x | $-3.71 Million |
| 2012 | -26.50% | 0.00% | 0.00x | 1.16x | $-10.17 Million |
| 2013 | 1.75% | 0.00% | 0.00x | 1.01x | $-2.38 Million |
| 2014 | -7.31% | -11747.42% | 0.00x | 1.01x | $-4.96 Million |
| 2015 | -25.84% | 0.00% | 0.00x | 1.03x | $-8.32 Million |
| 2016 | -10.61% | 0.00% | 0.00x | 1.08x | $-4.84 Million |
| 2017 | -87.15% | 0.00% | 0.00x | 1.21x | $-1.99 Million |
| 2018 | -123.40% | 0.00% | 0.00x | 1.12x | $-3.14 Million |
| 2019 | -158.39% | 0.00% | 0.00x | 1.52x | $-4.73 Million |
| 2020 | -115.20% | 0.00% | 0.00x | 1.71x | $-2.80 Million |
| 2021 | -209.58% | -1453.55% | 0.06x | 2.57x | $-2.73 Million |
| 2022 | -179.16% | 0.00% | 0.00x | 1.30x | $-4.44 Million |
| 2023 | -185.93% | 0.00% | 0.00x | 1.85x | $-2.61 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.05 Million |
Industry Comparison
This section compares Sarama Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sarama Resources Ltd (SRMMF) | $-305.83K | -6.79% | N/A | $614.91K |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |