Silver Elephant Mining Corp (ELEF) - Net Assets
Based on the latest financial reports, Silver Elephant Mining Corp (ELEF) has net assets worth CA$16.53 Million CAD (≈ $11.95 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$23.37 Million ≈ $16.91 Million USD) and total liabilities (CA$6.85 Million ≈ $4.95 Million USD). 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. Check Silver Elephant Mining Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$16.53 Million |
| % of Total Assets | 70.71% |
| Annual Growth Rate | 20.64% |
| 5-Year Change | -67.4% |
| 10-Year Change | -1.61% |
| Growth Volatility | 168.11 |
Silver Elephant Mining Corp - Net Assets Trend (1998–2026)
This chart illustrates how Silver Elephant Mining Corp's net assets have evolved over time, based on quarterly financial data. See ELEF cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Silver Elephant Mining Corp (1998–2026)
The table below shows the annual net assets of Silver Elephant Mining Corp from 1998 to 2026. For live valuation and market cap data, see Silver Elephant Mining Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | CA$16.53 Million ≈ $11.95 Million |
+267.13% |
| 2025-03-31 | CA$-9.89 Million ≈ $-7.15 Million |
-128.01% |
| 2024-03-31 | CA$35.30 Million ≈ $25.54 Million |
-55.07% |
| 2023-03-31 | CA$78.57 Million ≈ $56.84 Million |
+55.00% |
| 2022-03-31 | CA$50.69 Million ≈ $36.67 Million |
+35.69% |
| 2021-03-31 | CA$37.36 Million ≈ $27.02 Million |
+51.20% |
| 2020-03-31 | CA$24.71 Million ≈ $17.87 Million |
+3352.19% |
| 2019-03-31 | CA$-759.74K ≈ $-549.58K |
-108.75% |
| 2018-03-31 | CA$8.69 Million ≈ $6.28 Million |
-48.27% |
| 2017-03-31 | CA$16.80 Million ≈ $12.15 Million |
+9.93% |
| 2016-03-31 | CA$15.28 Million ≈ $11.05 Million |
-10.46% |
| 2015-03-31 | CA$17.06 Million ≈ $12.34 Million |
-45.27% |
| 2014-03-31 | CA$31.18 Million ≈ $22.55 Million |
-38.84% |
| 2013-03-31 | CA$50.98 Million ≈ $36.88 Million |
-60.55% |
| 2012-03-31 | CA$129.22 Million ≈ $93.48 Million |
+27.19% |
| 2011-03-31 | CA$101.60 Million ≈ $73.50 Million |
+530.73% |
| 2010-03-31 | CA$16.11 Million ≈ $11.65 Million |
-2.56% |
| 2009-03-31 | CA$16.53 Million ≈ $11.96 Million |
+3.70% |
| 2008-03-31 | CA$15.94 Million ≈ $11.53 Million |
+76.64% |
| 2007-03-31 | CA$9.03 Million ≈ $6.53 Million |
+113.87% |
| 2006-03-31 | CA$4.22 Million ≈ $3.05 Million |
+42.27% |
| 2005-03-31 | CA$2.97 Million ≈ $2.15 Million |
+18.51% |
| 2004-03-31 | CA$2.50 Million ≈ $1.81 Million |
+1860.15% |
| 2003-03-31 | CA$-142.20K ≈ $-102.87K |
-64.53% |
| 2002-03-31 | CA$-86.43K ≈ $-62.52K |
-202.65% |
| 2001-03-31 | CA$-28.56K ≈ $-20.66K |
-539.15% |
| 2000-03-31 | CA$6.50K ≈ $4.70K |
-53.94% |
| 1999-03-31 | CA$14.12K ≈ $10.21K |
-83.66% |
| 1998-03-31 | CA$86.40K ≈ $62.50K |
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Equity Component Analysis
This analysis shows how different components contribute to Silver Elephant Mining 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 22922331300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$223.18 Million | 1350.49% |
| Other Comprehensive Income | CA$29.60 Million | 179.12% |
| Total Equity | CA$16.53 Million | 100.00% |
Silver Elephant Mining Corp Competitors by Market Cap
The table below lists competitors of Silver Elephant Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GACM Technologies Limited
NSE:GATECH
|
$6.20 Million |
|
BoMill AB
ST:BOMILL
|
$6.21 Million |
|
Stroud Resources Ltd
V:SDR
|
$6.21 Million |
|
Da Lue International Holding Co Ltd
TWO:4804
|
$6.21 Million |
|
TPI Composites Inc
NASDAQ:TPIC
|
$6.19 Million |
|
Sky Energy Indonesia Tbk PT
JK:JSKY
|
$6.19 Million |
|
Ho Wah Genting Bhd
KLSE:9601
|
$6.19 Million |
|
Group 6 Metals Ltd
AU:G6M
|
$6.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silver Elephant Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from -9,612,814 to 16,525,573, a change of 26,138,387.
- Net income of 18,814,872 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,626,308.
- Other factors increased equity by 5,697,207.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$18.81 Million | +113.85% |
| Other Comprehensive Income | CA$1.63 Million | +9.84% |
| Other Changes | CA$5.70 Million | +34.48% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Silver Elephant Mining 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: 0.48x
- 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 increased from 0.08x to 0.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-03-31 | CA$1.99 | CA$0.15 | x |
| 1999-03-31 | CA$0.36 | CA$0.15 | x |
| 2000-03-31 | CA$0.18 | CA$0.15 | x |
| 2001-03-31 | CA$-0.79 | CA$0.15 | x |
| 2002-03-31 | CA$-2.19 | CA$0.15 | x |
| 2003-03-31 | CA$-3.61 | CA$0.15 | x |
| 2004-03-31 | CA$50.62 | CA$0.15 | x |
| 2005-03-31 | CA$21.54 | CA$0.15 | x |
| 2006-03-31 | CA$17.44 | CA$0.15 | x |
| 2007-03-31 | CA$28.56 | CA$0.15 | x |
| 2008-03-31 | CA$36.81 | CA$0.15 | x |
| 2009-03-31 | CA$33.43 | CA$0.15 | x |
| 2010-03-31 | CA$30.87 | CA$0.15 | x |
| 2011-03-31 | CA$100.95 | CA$0.15 | x |
| 2012-03-31 | CA$49.91 | CA$0.15 | x |
| 2013-03-31 | CA$22.95 | CA$0.15 | x |
| 2014-03-31 | CA$13.18 | CA$0.15 | x |
| 2015-03-31 | CA$6.79 | CA$0.15 | x |
| 2016-03-31 | CA$4.83 | CA$0.15 | x |
| 2017-03-31 | CA$3.99 | CA$0.15 | x |
| 2018-03-31 | CA$1.56 | CA$0.15 | x |
| 2019-03-31 | CA$-0.10 | CA$0.15 | x |
| 2020-03-31 | CA$2.41 | CA$0.15 | x |
| 2021-03-31 | CA$2.71 | CA$0.15 | x |
| 2022-03-31 | CA$23.44 | CA$0.15 | x |
| 2023-03-31 | CA$1.14 | CA$0.15 | x |
| 2024-03-31 | CA$0.67 | CA$0.15 | x |
| 2025-03-31 | CA$-0.26 | CA$0.15 | x |
| 2026-03-31 | CA$0.31 | CA$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silver Elephant Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 113.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.41x
- Recent ROE (113.85%) is above the historical average (-17.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -275.23% | -61.23% | 1.28x | 3.52x | CA$-246.44K |
| 1999 | 550.50% | 3885950.00% | 0.00x | 7.29x | CA$76.31K |
| 2000 | -117.10% | -380750.00% | 0.00x | 4.49x | CA$-8.27K |
| 2001 | 0.00% | -2828050.00% | 0.00x | 0.00x | CA$-53.71K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-81.73K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-41.55K |
| 2004 | -17.76% | 0.00% | 0.00x | 1.01x | CA$-694.79K |
| 2005 | -24.88% | 0.00% | 0.00x | 1.06x | CA$-1.03 Million |
| 2006 | -88.50% | 0.00% | 0.00x | 1.01x | CA$-4.16 Million |
| 2007 | -16.39% | 0.00% | 0.00x | 1.00x | CA$-2.38 Million |
| 2008 | -20.68% | 0.00% | 0.00x | 1.01x | CA$-4.89 Million |
| 2009 | -14.52% | 0.00% | 0.00x | 1.01x | CA$-4.05 Million |
| 2010 | -11.82% | 0.00% | 0.00x | 1.00x | CA$-3.51 Million |
| 2011 | -5.68% | 0.00% | 0.00x | 1.16x | CA$-15.93 Million |
| 2012 | -7.40% | 0.00% | 0.00x | 1.36x | CA$-16.78 Million |
| 2013 | -111.56% | 0.00% | 0.00x | 1.22x | CA$-61.97 Million |
| 2014 | -74.72% | 0.00% | 0.00x | 1.10x | CA$-26.41 Million |
| 2015 | -86.12% | 0.00% | 0.00x | 1.25x | CA$-16.40 Million |
| 2016 | -51.20% | 0.00% | 0.00x | 1.79x | CA$-9.35 Million |
| 2017 | -11.95% | 0.00% | 0.00x | 1.66x | CA$-3.69 Million |
| 2018 | -214.02% | 0.00% | 0.00x | 2.11x | CA$-19.46 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-18.11 Million |
| 2020 | 70.88% | 0.00% | 0.00x | 1.11x | CA$15.04 Million |
| 2021 | -14.11% | 0.00% | 0.00x | 1.07x | CA$-9.01 Million |
| 2022 | -16.12% | 0.00% | 0.00x | 1.26x | CA$-12.85 Million |
| 2023 | -38.34% | 0.00% | 0.00x | 2.93x | CA$-14.56 Million |
| 2024 | -29.82% | 0.00% | 0.00x | 2.31x | CA$-8.73 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-7.27 Million |
| 2026 | 113.85% | 0.00% | 0.00x | 1.41x | CA$17.16 Million |
Industry Comparison
This section compares Silver Elephant Mining 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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silver Elephant Mining Corp (ELEF) | CA$16.53 Million | -275.23% | 0.41x | $6.20 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About Silver Elephant Mining Corp
Silver Elephant Mining Corp., a mineral exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States, Canada, Bolivia, and Mongolia. The company explores for gold, silver, zinc, and lead deposits. It holds 100% interest in the Pulacayo Paca Project that covers approximately 3,553 hectares located in Uyuni in the Department of Potos… Read more