Zacatecas Silver Corp
Zacatecas Silver Corp. acquires, explores, and develops mineral properties in Mexico. It primarily explores for silver and gold deposits. The company holds 100% interests in the Zacatecas Property that consists of 149 mining concessions covering approximately an area of 7,826.3 hectares located in the Zacatecas Mining District; and the Esperanza Project, which consists of 7 mining concessions cov… Read more
Zacatecas Silver Corp (ZCTSF) - Net Assets
Latest net assets as of September 2025: $40.36 Million USD
Based on the latest financial reports, Zacatecas Silver Corp (ZCTSF) has net assets worth $40.36 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 ($50.62 Million) and total liabilities ($10.26 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 | $40.36 Million |
| % of Total Assets | 79.73% |
| Annual Growth Rate | 119.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 156.37 |
Zacatecas Silver Corp - Net Assets Trend (2020–2024)
This chart illustrates how Zacatecas Silver 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 Zacatecas Silver Corp (2020–2024)
The table below shows the annual net assets of Zacatecas Silver Corp from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $36.33 Million | -3.66% |
| 2023-12-31 | $37.71 Million | +45.55% |
| 2022-12-31 | $25.91 Million | +387.31% |
| 2021-12-31 | $5.32 Million | +240.48% |
| 2020-12-31 | $1.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zacatecas Silver 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 1406598600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $47.92 Million | 131.90% |
| Other Comprehensive Income | $347.02K | 0.96% |
| Other Components | $3.26 Million | 8.98% |
| Total Equity | $36.33 Million | 100.00% |
Zacatecas Silver Corp Competitors by Market Cap
The table below lists competitors of Zacatecas Silver Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Relief Therapeutics Holding SA
OTCQB:RLFTF
|
$7.30 Million |
|
Delek Automotive Systems Ltd
TA:DLEA
|
$7.31 Million |
|
Heng Huat Resources Group Bhd
KLSE:0175
|
$7.31 Million |
|
LETUS CAPITAL ZY 1
F:7I4
|
$7.32 Million |
|
DAVIDsTEA Inc.
PINK:DTEAF
|
$7.30 Million |
|
Vertex Resource Group Ltd
V:VTX
|
$7.30 Million |
|
NuEnergy Gas Limited
F:NUB
|
$7.29 Million |
|
Geoprima Solusi Tbk PT
JK:GPSO
|
$7.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zacatecas Silver Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,706,459 to 36,328,196, a change of -1,378,263 (-3.7%).
- Net loss of 3,559,050 reduced equity.
- New share issuances of 2,500,000 increased equity.
- Other comprehensive income decreased equity by 231,386.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.56 Million | -9.8% |
| Share Issuances | $2.50 Million | +6.88% |
| Other Comprehensive Income | $-231.39K | -0.64% |
| Other Changes | $-87.83K | -0.24% |
| Total Change | $- | -3.66% |
Book Value vs Market Value Analysis
This analysis compares Zacatecas Silver 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: 0.12x
- 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.
- The price-to-book ratio has decreased from 1.27x to 0.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.03 | $0.04 | x |
| 2021-12-31 | $0.10 | $0.04 | x |
| 2022-12-31 | $0.36 | $0.04 | x |
| 2023-12-31 | $0.43 | $0.04 | x |
| 2024-12-31 | $0.32 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zacatecas Silver 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): -9.80%
- 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: 1.30x
- Recent ROE (-9.80%) is above the historical average (-47.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -72.57% | 0.00% | 0.00x | 7.74x | $-1.29 Million |
| 2021 | -129.93% | 0.00% | 0.00x | 1.06x | $-7.44 Million |
| 2022 | -44.37% | 0.00% | 0.00x | 1.87x | $-14.08 Million |
| 2023 | 20.94% | 0.00% | 0.00x | 1.26x | $4.12 Million |
| 2024 | -9.80% | 0.00% | 0.00x | 1.30x | $-7.19 Million |
Industry Comparison
This section compares Zacatecas Silver Corp's net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $30,227,989
- Average return on equity (ROE) among peers: -117.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zacatecas Silver Corp (ZCTSF) | $40.36 Million | -72.57% | 0.25x | $7.30 Million |
| First Majestic Silver Corp (AG) | $50.25 Million | -10.12% | 1.01x | $10.60 Billion |
| AGAGF (AGAGF) | $54.38K | -665.35% | 1.75x | $39.40 Million |
| Silver Mountain Resources Inc. (AGMRF) | $25.12 Million | -20.95% | 0.10x | $2.33 Million |
| Andean Precious Metals Corp (ANPMF) | $74.24 Million | 61.90% | 0.56x | $59.49 Million |
| Apollo Silver Corp (APGOF) | $-59.64K | 0.00% | 0.00x | $8.38 Million |
| Aya Gold & Silver Inc. (AYASF) | $130.31 Million | 1.07% | 0.20x | $968.26 Million |
| Bald Eagle Gold Corp. (BADEF) | $398.57K | -12.32% | 0.12x | $95.41 Million |
| Bunker Hill Mining Corp (BHLL) | $-6.96 Million | 0.00% | 0.00x | $94.30 Million |
| Canada Silver Cobalt Works Inc (CCWOF) | $2.27 Million | -497.07% | 1.01x | $6.00 Million |
| Dolly Varden Silver Corporation (DOLLF) | $26.66 Million | -27.30% | 0.05x | $118.97 Million |