Starcore International Mines Ltd (SAM) - Net Assets
Based on the latest financial reports, Starcore International Mines Ltd (SAM) has net assets worth CA$41.58 Million CAD (≈ $30.08 Million USD) as of July 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$57.98 Million ≈ $41.94 Million USD) and total liabilities (CA$16.40 Million ≈ $11.86 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 SAM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$41.58 Million |
| % of Total Assets | 71.72% |
| Annual Growth Rate | 13.44% |
| 5-Year Change | 12.66% |
| 10-Year Change | -29.37% |
| Growth Volatility | 92.8 |
Starcore International Mines Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Starcore International Mines Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Starcore International Mines Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Starcore International Mines Ltd (1998–2025)
The table below shows the annual net assets of Starcore International Mines Ltd from 1998 to 2025. For live valuation and market cap data, see SAM market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$40.87 Million ≈ $29.57 Million |
+0.67% |
| 2024-04-30 | CA$40.60 Million ≈ $29.37 Million |
+4.70% |
| 2023-04-30 | CA$38.78 Million ≈ $28.05 Million |
-3.19% |
| 2022-04-30 | CA$40.05 Million ≈ $28.97 Million |
+10.40% |
| 2021-04-30 | CA$36.28 Million ≈ $26.24 Million |
-2.75% |
| 2020-04-30 | CA$37.30 Million ≈ $26.99 Million |
-4.44% |
| 2019-04-30 | CA$39.04 Million ≈ $28.24 Million |
-20.45% |
| 2018-04-30 | CA$49.07 Million ≈ $35.50 Million |
-24.42% |
| 2017-04-30 | CA$64.92 Million ≈ $46.96 Million |
+12.17% |
| 2016-04-30 | CA$57.87 Million ≈ $41.86 Million |
+11.07% |
| 2015-04-30 | CA$52.11 Million ≈ $37.69 Million |
+9.59% |
| 2014-04-30 | CA$47.55 Million ≈ $34.39 Million |
+12.60% |
| 2013-04-30 | CA$42.23 Million ≈ $30.54 Million |
+25.24% |
| 2012-04-30 | CA$33.71 Million ≈ $24.39 Million |
+178.31% |
| 2011-04-30 | CA$12.11 Million ≈ $8.76 Million |
-12.69% |
| 2010-04-30 | CA$13.87 Million ≈ $10.04 Million |
-44.87% |
| 2009-04-30 | CA$25.17 Million ≈ $18.20 Million |
+13.06% |
| 2008-04-30 | CA$22.26 Million ≈ $16.10 Million |
-8.35% |
| 2007-04-30 | CA$24.29 Million ≈ $17.57 Million |
+182.20% |
| 2006-04-30 | CA$8.61 Million ≈ $6.23 Million |
+340.44% |
| 2005-04-30 | CA$1.95 Million ≈ $1.41 Million |
+170.16% |
| 2004-04-30 | CA$723.30K ≈ $523.22K |
+357.80% |
| 2003-04-30 | CA$-280.56K ≈ $-202.95K |
-148.76% |
| 2002-04-30 | CA$575.42K ≈ $416.25K |
-51.51% |
| 2001-04-30 | CA$1.19 Million ≈ $858.50K |
-4.04% |
| 2000-04-30 | CA$1.24 Million ≈ $894.64K |
-1.31% |
| 1999-04-30 | CA$1.25 Million ≈ $906.55K |
-7.75% |
| 1998-04-30 | CA$1.36 Million ≈ $982.70K |
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Equity Component Analysis
This analysis shows how different components contribute to Starcore International Mines 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 1899651100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$53.05 Million | 129.79% |
| Other Comprehensive Income | CA$15.44 Million | 37.77% |
| Other Components | CA$1.00 | 0.00% |
| Total Equity | CA$40.87 Million | 100.00% |
Starcore International Mines Ltd Competitors by Market Cap
The table below lists competitors of Starcore International Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AWC Berhad
KLSE:7579
|
$47.48 Million |
|
Yanaprima Hastapersada Tbk
JK:YPAS
|
$47.56 Million |
|
Spectral AI Inc.
NASDAQ:MDAI
|
$47.57 Million |
|
Transcontinental Inc
TO:TCL-B
|
$47.59 Million |
|
Homecast Co.Ltd
KQ:064240
|
$47.40 Million |
|
G5 Entertainment publ AB
ST:G5EN
|
$47.35 Million |
|
EQ Inc.
V:EQ
|
$47.32 Million |
|
Korea Ind
KO:002140
|
$47.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Starcore International Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 40,600,000 to 40,873,000, a change of 273,000 (0.7%).
- Net income of 215,000 contributed positively to equity growth.
- Share repurchases of 144,000 reduced equity.
- Other comprehensive income increased equity by 294,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$215.00K | +0.53% |
| Share Repurchases | CA$144.00K | -0.35% |
| Other Comprehensive Income | CA$295.00K | +0.72% |
| Other Changes | CA$-93.00K | -0.23% |
| Total Change | CA$- | 0.67% |
Book Value vs Market Value Analysis
This analysis compares Starcore International Mines 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: 1.26x
- 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 1.49x to 1.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-04-30 | CA$0.49 | CA$0.73 | x |
| 1999-04-30 | CA$0.43 | CA$0.73 | x |
| 2000-04-30 | CA$0.35 | CA$0.73 | x |
| 2001-04-30 | CA$2.89 | CA$0.73 | x |
| 2002-04-30 | CA$1.39 | CA$0.73 | x |
| 2003-04-30 | CA$-0.07 | CA$0.73 | x |
| 2004-04-30 | CA$1.31 | CA$0.73 | x |
| 2005-04-30 | CA$0.83 | CA$0.73 | x |
| 2006-04-30 | CA$2.80 | CA$0.73 | x |
| 2007-04-30 | CA$2.65 | CA$0.73 | x |
| 2008-04-30 | CA$1.47 | CA$0.73 | x |
| 2009-04-30 | CA$1.03 | CA$0.73 | x |
| 2010-04-30 | CA$0.75 | CA$0.73 | x |
| 2011-04-30 | CA$0.55 | CA$0.73 | x |
| 2012-04-30 | CA$0.95 | CA$0.73 | x |
| 2013-04-30 | CA$1.17 | CA$0.73 | x |
| 2014-04-30 | CA$1.32 | CA$0.73 | x |
| 2015-04-30 | CA$1.39 | CA$0.73 | x |
| 2016-04-30 | CA$1.25 | CA$0.73 | x |
| 2017-04-30 | CA$1.32 | CA$0.73 | x |
| 2018-04-30 | CA$1.00 | CA$0.73 | x |
| 2019-04-30 | CA$0.79 | CA$0.73 | x |
| 2020-04-30 | CA$0.75 | CA$0.73 | x |
| 2021-04-30 | CA$0.70 | CA$0.73 | x |
| 2022-04-30 | CA$0.81 | CA$0.73 | x |
| 2023-04-30 | CA$0.78 | CA$0.73 | x |
| 2024-04-30 | CA$0.67 | CA$0.73 | x |
| 2025-04-30 | CA$0.58 | CA$0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Starcore International Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.67%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.37x
- Recent ROE (0.53%) is above the historical average (-16.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -57.19% | -2262.88% | 0.02x | 1.06x | CA$-912.69K |
| 1999 | -28.01% | -44091.96% | 0.00x | 1.10x | CA$-476.29K |
| 2000 | -79.24% | -1083.87% | 0.07x | 1.06x | CA$-1.10 Million |
| 2001 | -39.15% | -17348.51% | 0.00x | 1.05x | CA$-583.27K |
| 2002 | -109.20% | -616045.10% | 0.00x | 1.31x | CA$-685.91K |
| 2003 | 0.00% | -6114164.29% | 0.00x | 0.00x | CA$-827.93K |
| 2004 | -33.93% | 0.00% | 0.00x | 1.04x | CA$-317.74K |
| 2005 | -34.76% | 0.00% | 0.00x | 1.03x | CA$-874.70K |
| 2006 | -10.34% | 0.00% | 0.00x | 1.01x | CA$-1.75 Million |
| 2007 | -9.13% | -11.99% | 0.37x | 2.06x | CA$-4.65 Million |
| 2008 | -11.53% | -9.48% | 0.57x | 2.12x | CA$-4.79 Million |
| 2009 | 3.62% | 3.79% | 0.52x | 1.84x | CA$-1.61 Million |
| 2010 | -26.87% | -16.07% | 0.51x | 3.26x | CA$-5.12 Million |
| 2011 | -33.21% | -10.19% | 0.85x | 3.85x | CA$-5.23 Million |
| 2012 | 42.52% | 25.13% | 1.02x | 1.67x | CA$10.96 Million |
| 2013 | 11.14% | 15.55% | 0.51x | 1.41x | CA$479.50K |
| 2014 | 6.24% | 8.95% | 0.51x | 1.37x | CA$-1.79 Million |
| 2015 | 0.40% | 0.74% | 0.41x | 1.33x | CA$-5.00 Million |
| 2016 | 0.45% | 0.96% | 0.34x | 1.36x | CA$-5.53 Million |
| 2017 | 11.12% | 26.52% | 0.33x | 1.26x | CA$730.20K |
| 2018 | -24.46% | -43.15% | 0.43x | 1.31x | CA$-16.91 Million |
| 2019 | -30.24% | -35.99% | 0.58x | 1.46x | CA$-15.71 Million |
| 2020 | -9.73% | -14.62% | 0.46x | 1.46x | CA$-7.36 Million |
| 2021 | 7.97% | 10.79% | 0.58x | 1.28x | CA$-736.00K |
| 2022 | 6.00% | 9.37% | 0.49x | 1.30x | CA$-1.60 Million |
| 2023 | -13.55% | -22.94% | 0.45x | 1.31x | CA$-9.13 Million |
| 2024 | 4.02% | 5.76% | 0.55x | 1.28x | CA$-2.43 Million |
| 2025 | 0.53% | 0.67% | 0.57x | 1.37x | CA$-3.87 Million |
Industry Comparison
This section compares Starcore International Mines 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: $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 |
|---|---|---|---|---|
| Starcore International Mines Ltd (SAM) | CA$41.58 Million | -57.19% | 0.39x | $47.45 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 Starcore International Mines Ltd
Starcore International Mines Ltd., through its subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V., a mineral resource company, engages in exploration, extraction, and processing of mineral resources in Mexico. The company explores for gold and silver deposits. Its principal property is the San Martin mine consists of seven underground mining units and four units under exploration that cover… Read more