Sherritt International Corporation (S) - Net Assets
Based on the latest financial reports, Sherritt International Corporation (S) has net assets worth CA$511.80 Million CAD (≈ $370.23 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$1.23 Billion ≈ $887.81 Million USD) and total liabilities (CA$715.50 Million ≈ $517.58 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 S financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$511.80 Million |
| % of Total Assets | 41.7% |
| Annual Growth Rate | -3.03% |
| 5-Year Change | -12.51% |
| 10-Year Change | -53.38% |
| Growth Volatility | 32.15 |
Sherritt International Corporation - Net Assets Trend (1996–2025)
This chart illustrates how Sherritt International Corporation's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Sherritt International Corporation for the complete picture of this company's asset base.
Annual Net Assets for Sherritt International Corporation (1996–2025)
The table below shows the annual net assets of Sherritt International Corporation from 1996 to 2025. For live valuation and market cap data, see S company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$511.80 Million ≈ $370.23 Million |
-14.33% |
| 2024-12-31 | CA$597.40 Million ≈ $432.15 Million |
-2.64% |
| 2023-12-31 | CA$613.60 Million ≈ $443.87 Million |
-11.70% |
| 2022-12-31 | CA$694.90 Million ≈ $502.68 Million |
+18.79% |
| 2021-12-31 | CA$585.00 Million ≈ $423.18 Million |
-3.59% |
| 2020-12-31 | CA$606.80 Million ≈ $438.95 Million |
-15.97% |
| 2019-12-31 | CA$722.10 Million ≈ $522.36 Million |
-36.15% |
| 2018-12-31 | CA$1.13 Billion ≈ $818.08 Million |
+7.06% |
| 2017-12-31 | CA$1.06 Billion ≈ $764.11 Million |
-3.79% |
| 2016-12-31 | CA$1.10 Billion ≈ $794.20 Million |
-29.49% |
| 2015-12-31 | CA$1.56 Billion ≈ $1.13 Billion |
-49.09% |
| 2014-12-31 | CA$3.06 Billion ≈ $2.21 Billion |
-1.56% |
| 2013-12-31 | CA$3.11 Billion ≈ $2.25 Billion |
-15.40% |
| 2012-12-31 | CA$3.67 Billion ≈ $2.66 Billion |
-1.58% |
| 2011-12-31 | CA$3.73 Billion ≈ $2.70 Billion |
-36.51% |
| 2010-12-31 | CA$5.88 Billion ≈ $4.25 Billion |
+70.16% |
| 2009-12-31 | CA$3.45 Billion ≈ $2.50 Billion |
-35.98% |
| 2008-12-31 | CA$5.40 Billion ≈ $3.90 Billion |
+40.06% |
| 2007-12-31 | CA$3.85 Billion ≈ $2.79 Billion |
+117.48% |
| 2006-12-31 | CA$1.77 Billion ≈ $1.28 Billion |
+12.82% |
| 2005-12-31 | CA$1.57 Billion ≈ $1.14 Billion |
+19.75% |
| 2004-12-31 | CA$1.31 Billion ≈ $948.43 Million |
-16.39% |
| 2003-12-31 | CA$1.57 Billion ≈ $1.13 Billion |
+15.36% |
| 2002-12-31 | CA$1.36 Billion ≈ $983.33 Million |
+2.91% |
| 2001-12-31 | CA$1.32 Billion ≈ $955.48 Million |
+9.07% |
| 2000-12-31 | CA$1.21 Billion ≈ $876.00 Million |
+0.48% |
| 1999-12-31 | CA$1.21 Billion ≈ $871.82 Million |
+3.66% |
| 1998-12-31 | CA$1.16 Billion ≈ $841.08 Million |
-5.49% |
| 1997-12-31 | CA$1.23 Billion ≈ $889.98 Million |
-1.38% |
| 1996-12-31 | CA$1.25 Billion ≈ $902.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sherritt International Corporation'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 7772.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$3.55 Billion | 693.61% |
| Total Equity | CA$511.80 Million | 100.00% |
Sherritt International Corporation Competitors by Market Cap
The table below lists competitors of Sherritt International Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cettire Ltd
AU:CTT
|
$62.04 Million |
|
Pamel Yenilenebilir Elektrik Uretim AS
IS:PAMEL
|
$62.05 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$62.06 Million |
|
Dreamus Company
KQ:060570
|
$62.09 Million |
|
Pinetree Capital Ltd
TO:PNP
|
$62.00 Million |
|
ENERGY&MACHINERY KOREA Co.Ltd
KQ:095190
|
$61.99 Million |
|
Atlas Resources Tbk
JK:ARII
|
$61.97 Million |
|
Cinclus Pharma
ST:CINPHA
|
$61.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sherritt International Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 597,400,000 to 511,800,000, a change of -85,600,000 (-14.3%).
- Net loss of 65,700,000 reduced equity.
- Other comprehensive income decreased equity by 674,900,000.
- Other factors increased equity by 655,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-65.70 Million | -12.84% |
| Other Comprehensive Income | CA$-674.90 Million | -131.87% |
| Other Changes | CA$655.00 Million | +127.98% |
| Total Change | CA$- | -14.33% |
Book Value vs Market Value Analysis
This analysis compares Sherritt International Corporation'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: 0.25x
- 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 0.02x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$15.36 | CA$0.26 | x |
| 1997-12-31 | CA$17.08 | CA$0.26 | x |
| 1998-12-31 | CA$16.07 | CA$0.26 | x |
| 1999-12-31 | CA$13.26 | CA$0.26 | x |
| 2000-12-31 | CA$16.66 | CA$0.26 | x |
| 2001-12-31 | CA$8.39 | CA$0.26 | x |
| 2002-12-31 | CA$8.14 | CA$0.26 | x |
| 2003-12-31 | CA$7.67 | CA$0.26 | x |
| 2004-12-31 | CA$5.70 | CA$0.26 | x |
| 2005-12-31 | CA$6.83 | CA$0.26 | x |
| 2006-12-31 | CA$9.12 | CA$0.26 | x |
| 2007-12-31 | CA$12.81 | CA$0.26 | x |
| 2008-12-31 | CA$13.57 | CA$0.26 | x |
| 2009-12-31 | CA$11.66 | CA$0.26 | x |
| 2010-12-31 | CA$11.85 | CA$0.26 | x |
| 2011-12-31 | CA$12.59 | CA$0.26 | x |
| 2012-12-31 | CA$12.37 | CA$0.26 | x |
| 2013-12-31 | CA$10.47 | CA$0.26 | x |
| 2014-12-31 | CA$10.30 | CA$0.26 | x |
| 2015-12-31 | CA$5.30 | CA$0.26 | x |
| 2016-12-31 | CA$3.74 | CA$0.26 | x |
| 2017-12-31 | CA$3.49 | CA$0.26 | x |
| 2018-12-31 | CA$2.89 | CA$0.26 | x |
| 2019-12-31 | CA$1.82 | CA$0.26 | x |
| 2020-12-31 | CA$1.53 | CA$0.26 | x |
| 2021-12-31 | CA$1.47 | CA$0.26 | x |
| 2022-12-31 | CA$1.75 | CA$0.26 | x |
| 2023-12-31 | CA$1.54 | CA$0.26 | x |
| 2024-12-31 | CA$1.50 | CA$0.26 | x |
| 2025-12-31 | CA$1.03 | CA$0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sherritt International Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.06%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.40x
- Recent ROE (-12.84%) is below the historical average (-5.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 2.67% | 11.66% | 0.21x | 1.10x | CA$-91.45 Million |
| 1997 | 3.03% | 10.67% | 0.26x | 1.08x | CA$-85.73 Million |
| 1998 | -3.97% | -14.70% | 0.24x | 1.12x | CA$-161.95 Million |
| 1999 | 5.54% | 17.89% | 0.28x | 1.12x | CA$-53.68 Million |
| 2000 | 9.57% | 24.06% | 0.36x | 1.11x | CA$-5.24 Million |
| 2001 | 3.92% | 8.10% | 0.32x | 1.52x | CA$-80.09 Million |
| 2002 | 4.46% | 7.50% | 0.40x | 1.50x | CA$-74.98 Million |
| 2003 | 7.38% | 14.11% | 0.35x | 1.48x | CA$-41.01 Million |
| 2004 | 14.19% | 14.73% | 0.42x | 2.30x | CA$47.26 Million |
| 2005 | 9.15% | 11.35% | 0.39x | 2.05x | CA$-11.53 Million |
| 2006 | 15.57% | 22.04% | 0.44x | 1.62x | CA$87.87 Million |
| 2007 | 13.98% | 27.63% | 0.25x | 2.06x | CA$105.39 Million |
| 2008 | -7.77% | -17.98% | 0.17x | 2.56x | CA$-662.41 Million |
| 2009 | 2.48% | 5.80% | 0.15x | 2.87x | CA$-259.74 Million |
| 2010 | 6.10% | 12.08% | 0.17x | 3.05x | CA$-137.02 Million |
| 2011 | 5.29% | 9.97% | 0.30x | 1.74x | CA$-175.87 Million |
| 2012 | 0.90% | 1.80% | 0.27x | 1.84x | CA$-334.07 Million |
| 2013 | -21.25% | -147.22% | 0.07x | 2.08x | CA$-971.02 Million |
| 2014 | -9.48% | -63.65% | 0.09x | 1.73x | CA$-595.87 Million |
| 2015 | -133.37% | -618.25% | 0.08x | 2.63x | CA$-2.23 Billion |
| 2016 | -34.51% | -144.45% | 0.07x | 3.47x | CA$-488.69 Million |
| 2017 | 27.81% | 109.91% | 0.12x | 2.13x | CA$188.17 Million |
| 2018 | -5.68% | -41.99% | 0.07x | 1.94x | CA$-177.29 Million |
| 2019 | -50.51% | -265.04% | 0.08x | 2.41x | CA$-436.91 Million |
| 2020 | -14.12% | -71.54% | 0.09x | 2.23x | CA$-146.38 Million |
| 2021 | -2.29% | -12.16% | 0.08x | 2.39x | CA$-71.90 Million |
| 2022 | 9.14% | 35.51% | 0.11x | 2.24x | CA$-5.99 Million |
| 2023 | -10.53% | -28.93% | 0.16x | 2.27x | CA$-125.96 Million |
| 2024 | -12.19% | -45.84% | 0.11x | 2.31x | CA$-132.54 Million |
| 2025 | -12.84% | -37.06% | 0.14x | 2.40x | CA$-116.88 Million |
Industry Comparison
This section compares Sherritt International Corporation'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: $14,613,271
- Average return on equity (ROE) among peers: -28.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sherritt International Corporation (S) | CA$511.80 Million | 2.67% | 1.40x | $62.04 Million |
| Aftermath Silver Ltd (AAG) | $1.38 Million | -190.49% | 0.19x | $185.75 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $-637.51K | 0.00% | 0.00x | $4.67 Million |
| Adex Mining Inc (ADE) | $-2.16 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $71.72 Million | -9.02% | 0.02x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $29.17 Million | -31.05% | 4.18x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $1.00 | 0.00% | 0.00x | $332.39 Million |
About Sherritt International Corporation
Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in Canada, Cuba, Europe, and Asia. It operates through Metals, Power, Oil and Gas, and Corporate and Other segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zin… Read more