Sorrento Resources Ltd.
Sorrento Resources Ltd. engages in the acquisition, development, and exploration of mineral resource properties in Canada. It explores for gold, copper, and silver deposits. The company holds an option to acquire a 100% interest in the Wing Pond property with 462 mineral claims covering an area of approximately 11,550 hectares located in the Province of Newfoundland and Labrador; Harmsworth prope… Read more
Sorrento Resources Ltd. (SRSLF) - Net Assets
Latest net assets as of September 2025: $1.08 Million USD
Based on the latest financial reports, Sorrento Resources Ltd. (SRSLF) has net assets worth $1.08 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 ($1.59 Million) and total liabilities ($510.52K). 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 | $1.08 Million |
| % of Total Assets | 67.97% |
| Annual Growth Rate | 85.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 127.21 |
Sorrento Resources Ltd. - Net Assets Trend (2022–2025)
This chart illustrates how Sorrento 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 Sorrento Resources Ltd. (2022–2025)
The table below shows the annual net assets of Sorrento Resources Ltd. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.77 Million | +169.07% |
| 2024-06-30 | $656.63K | -36.20% |
| 2023-06-30 | $1.03 Million | +269.47% |
| 2022-06-30 | $278.56K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sorrento 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 179263800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $3.78 Million | 214.22% |
| Total Equity | $1.77 Million | 100.00% |
Sorrento Resources Ltd. Competitors by Market Cap
The table below lists competitors of Sorrento Resources Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Impact Acquisitions Corp.
V:IMPC-P
|
$2.93 Million |
|
HARDWARIO as
PR:HWIO
|
$2.93 Million |
|
MINIERE TOUISSIT
BC:MINIERE-TOUISSIT
|
$2.93 Million |
|
VOW GREEN METALS NK-0065
F:9G5
|
$2.93 Million |
|
Morella Corporation Ltd
AU:1MC
|
$2.93 Million |
|
Tlou Energy Ltd
AU:TOU
|
$2.93 Million |
|
Mitra Angkasa Sejahtera PT Tbk
JK:BAUT
|
$2.93 Million |
|
Hudaco
JSE:HDC
|
$2.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sorrento Resources Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 656,630 to 1,766,791, a change of 1,110,161 (169.1%).
- Net loss of 801,829 reduced equity.
- New share issuances of 375,000 increased equity.
- Other factors increased equity by 1,536,990.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-801.83K | -45.38% |
| Share Issuances | $375.00K | +21.22% |
| Other Changes | $1.54 Million | +86.99% |
| Total Change | $- | 169.07% |
Book Value vs Market Value Analysis
This analysis compares Sorrento 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
- Current price-to-book ratio: 2.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.10x to 2.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | $0.02 | $0.15 | x |
| 2023-06-30 | $0.07 | $0.15 | x |
| 2024-06-30 | $0.03 | $0.15 | x |
| 2025-06-30 | $0.05 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sorrento 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): -45.38%
- 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: 1.24x
- Recent ROE (-45.38%) is above the historical average (-60.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -42.49% | 0.00% | 0.00x | 1.03x | $-540.21K |
| 2024 | -93.29% | 0.00% | 0.00x | 1.34x | $-678.24K |
| 2025 | -45.38% | 0.00% | 0.00x | 1.24x | $-978.51K |
Industry Comparison
This section compares Sorrento Resources 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 |
|---|---|---|---|---|
| Sorrento Resources Ltd. (SRSLF) | $1.08 Million | -42.49% | 0.47x | $2.93 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 |