Sierra Metals Inc. (SMT) - Net Assets
Based on the latest financial reports, Sierra Metals Inc. (SMT) has net assets worth CA$109.17 Million CAD (≈ $78.97 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$378.93 Million ≈ $274.11 Million USD) and total liabilities (CA$269.76 Million ≈ $195.14 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 asset resilience ratio of Sierra Metals Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$109.17 Million |
| % of Total Assets | 28.81% |
| Annual Growth Rate | 23.1% |
| 5-Year Change | -57.9% |
| 10-Year Change | -48.81% |
| Growth Volatility | 4012.6 |
Sierra Metals Inc. - Net Assets Trend (1996–2024)
This chart illustrates how Sierra Metals Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Sierra Metals Inc. (SMT) total assets for the complete picture of this company's asset base.
Annual Net Assets for Sierra Metals Inc. (1996–2024)
The table below shows the annual net assets of Sierra Metals Inc. from 1996 to 2024. For live valuation and market cap data, see SMT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$101.13 Million ≈ $73.16 Million |
-7.94% |
| 2023-12-31 | CA$109.85 Million ≈ $79.46 Million |
-5.46% |
| 2022-12-31 | CA$116.19 Million ≈ $84.05 Million |
-43.22% |
| 2021-12-31 | CA$204.63 Million ≈ $148.03 Million |
-14.81% |
| 2020-12-31 | CA$240.21 Million ≈ $173.76 Million |
+13.30% |
| 2019-12-31 | CA$212.02 Million ≈ $153.37 Million |
+4.13% |
| 2018-12-31 | CA$203.60 Million ≈ $147.28 Million |
+12.69% |
| 2017-12-31 | CA$180.68 Million ≈ $130.70 Million |
-2.84% |
| 2016-12-31 | CA$185.96 Million ≈ $134.52 Million |
-5.88% |
| 2015-12-31 | CA$197.57 Million ≈ $142.92 Million |
-15.74% |
| 2014-12-31 | CA$234.49 Million ≈ $169.63 Million |
+1.63% |
| 2013-12-31 | CA$230.74 Million ≈ $166.92 Million |
-19.03% |
| 2012-12-31 | CA$284.96 Million ≈ $206.14 Million |
+7.18% |
| 2011-12-31 | CA$265.87 Million ≈ $192.32 Million |
+432.35% |
| 2010-12-31 | CA$49.94 Million ≈ $36.13 Million |
+117.80% |
| 2009-12-31 | CA$22.93 Million ≈ $16.59 Million |
+271.72% |
| 2008-12-31 | CA$6.17 Million ≈ $4.46 Million |
-84.29% |
| 2007-12-31 | CA$39.26 Million ≈ $28.40 Million |
+3.14% |
| 2006-12-31 | CA$38.06 Million ≈ $27.53 Million |
+84.19% |
| 2005-12-31 | CA$20.66 Million ≈ $14.95 Million |
+25.86% |
| 2004-12-31 | CA$16.42 Million ≈ $11.88 Million |
+83.93% |
| 2003-12-31 | CA$8.93 Million ≈ $6.46 Million |
+21648.64% |
| 2002-12-31 | CA$41.04K ≈ $29.69K |
-81.24% |
| 2001-12-31 | CA$218.73K ≈ $158.22K |
-78.45% |
| 2000-12-31 | CA$1.01 Million ≈ $734.22K |
-4.17% |
| 1999-12-31 | CA$1.06 Million ≈ $766.13K |
+206.21% |
| 1998-12-31 | CA$345.88K ≈ $250.20K |
+36.81% |
| 1997-12-31 | CA$252.81K ≈ $182.88K |
-15.84% |
| 1996-12-31 | CA$300.41K ≈ $217.31K |
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Equity Component Analysis
This analysis shows how different components contribute to Sierra Metals Inc.'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 14686826582.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$248.17 Million | 245.40% |
| Total Equity | CA$101.13 Million | 100.00% |
Sierra Metals Inc. Competitors by Market Cap
The table below lists competitors of Sierra Metals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Falcon Oil & Gas Ltd
F:FAC
|
$178.51 Million |
|
Amrutanjan Health Care Limited
NSE:AMRUTANJAN
|
$178.52 Million |
|
TIDEWATER RENEWABLES LTD
F:7GZ
|
$178.57 Million |
|
Wei Chih Steel Industrial Co Ltd
TW:2028
|
$178.65 Million |
|
Ensari Deri Gida Sanayi ve Ticaret AS
IS:ENSRI
|
$178.24 Million |
|
PULSION Medical Systems SE
MU:PUS
|
$178.09 Million |
|
ADM Hamburg Aktiengesellschaft
F:OEL
|
$178.02 Million |
|
Streamwide
PA:ALSTW
|
$177.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sierra Metals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,264,000 to 101,131,000, a change of 25,867,000 (34.4%).
- Net income of 15,780,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 10,388,000.
- Other factors increased equity by 20,475,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$15.78 Million | +15.6% |
| Other Comprehensive Income | CA$-10.39 Million | -10.27% |
| Other Changes | CA$20.48 Million | +20.25% |
| Total Change | CA$- | 34.37% |
Book Value vs Market Value Analysis
This analysis compares Sierra Metals Inc.'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: 2.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.33x to 2.39x 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$0.86 | CA$1.14 | x |
| 1997-12-31 | CA$0.72 | CA$1.14 | x |
| 1998-12-31 | CA$0.70 | CA$1.14 | x |
| 1999-12-31 | CA$1.18 | CA$1.14 | x |
| 2000-12-31 | CA$1.02 | CA$1.14 | x |
| 2001-12-31 | CA$0.22 | CA$1.14 | x |
| 2002-12-31 | CA$0.03 | CA$1.14 | x |
| 2003-12-31 | CA$2.87 | CA$1.14 | x |
| 2004-12-31 | CA$2.70 | CA$1.14 | x |
| 2005-12-31 | CA$2.74 | CA$1.14 | x |
| 2006-12-31 | CA$2.96 | CA$1.14 | x |
| 2007-12-31 | CA$2.47 | CA$1.14 | x |
| 2008-12-31 | CA$0.38 | CA$1.14 | x |
| 2009-12-31 | CA$0.63 | CA$1.14 | x |
| 2010-12-31 | CA$0.78 | CA$1.14 | x |
| 2011-12-31 | CA$1.82 | CA$1.14 | x |
| 2012-12-31 | CA$1.58 | CA$1.14 | x |
| 2013-12-31 | CA$1.24 | CA$1.14 | x |
| 2014-12-31 | CA$1.29 | CA$1.14 | x |
| 2015-12-31 | CA$1.06 | CA$1.14 | x |
| 2016-12-31 | CA$0.99 | CA$1.14 | x |
| 2017-12-31 | CA$0.95 | CA$1.14 | x |
| 2018-12-31 | CA$1.05 | CA$1.14 | x |
| 2019-12-31 | CA$1.07 | CA$1.14 | x |
| 2020-12-31 | CA$1.23 | CA$1.14 | x |
| 2021-12-31 | CA$1.04 | CA$1.14 | x |
| 2022-12-31 | CA$0.50 | CA$1.14 | x |
| 2023-12-31 | CA$0.43 | CA$1.14 | x |
| 2024-12-31 | CA$0.48 | CA$1.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sierra Metals Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.79%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 3.57x
- Recent ROE (15.60%) is above the historical average (-76.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -42.13% | -17578366.67% | 0.00x | 1.19x | CA$-156.61K |
| 1997 | -16.06% | -5798922.86% | 0.00x | 1.22x | CA$-65.87K |
| 1998 | -39.99% | -20956359.09% | 0.00x | 1.09x | CA$-172.90K |
| 1999 | -28.61% | -43919268.12% | 0.00x | 1.11x | CA$-408.95K |
| 2000 | -20.05% | -32302493.65% | 0.00x | 1.03x | CA$-305.00K |
| 2001 | -412.03% | 0.00% | 0.00x | 1.53x | CA$-923.09K |
| 2002 | -1137.91% | 0.00% | 0.00x | 2.71x | CA$-471.13K |
| 2003 | -10.05% | -3811.55% | 0.00x | 1.02x | CA$-1.79 Million |
| 2004 | -10.55% | -1012.76% | 0.01x | 1.04x | CA$-3.37 Million |
| 2005 | -8.73% | 0.00% | 0.00x | 1.06x | CA$-3.87 Million |
| 2006 | -4.31% | -263.86% | 0.01x | 1.19x | CA$-5.45 Million |
| 2007 | -23.62% | -1767.10% | 0.01x | 1.21x | CA$-13.20 Million |
| 2008 | -302.91% | -106.73% | 0.99x | 2.87x | CA$-19.30 Million |
| 2009 | -4.72% | -6.65% | 0.55x | 1.30x | CA$-3.37 Million |
| 2010 | -3.31% | -8.30% | 0.36x | 1.12x | CA$-6.65 Million |
| 2011 | -8.50% | -18.23% | 0.18x | 2.55x | CA$-39.11 Million |
| 2012 | -12.10% | -15.96% | 0.36x | 2.13x | CA$-52.66 Million |
| 2013 | -17.32% | -23.67% | 0.33x | 2.25x | CA$-53.59 Million |
| 2014 | 4.54% | 5.39% | 0.41x | 2.07x | CA$-11.19 Million |
| 2015 | -19.48% | -24.84% | 0.36x | 2.16x | CA$-50.39 Million |
| 2016 | -7.65% | -8.57% | 0.39x | 2.28x | CA$-28.29 Million |
| 2017 | -0.56% | -0.42% | 0.60x | 2.20x | CA$-16.32 Million |
| 2018 | 14.91% | 11.12% | 0.65x | 2.06x | CA$8.50 Million |
| 2019 | 5.33% | 4.11% | 0.56x | 2.33x | CA$-8.26 Million |
| 2020 | 11.65% | 9.49% | 0.56x | 2.19x | CA$3.32 Million |
| 2021 | -13.06% | -8.13% | 0.69x | 2.34x | CA$-39.03 Million |
| 2022 | -107.22% | -45.55% | 0.62x | 3.80x | CA$-95.66 Million |
| 2023 | -25.69% | -8.42% | 0.73x | 4.17x | CA$-26.86 Million |
| 2024 | 15.60% | 5.79% | 0.76x | 3.57x | CA$5.67 Million |
Industry Comparison
This section compares Sierra Metals Inc.'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 |
|---|---|---|---|---|
| Sierra Metals Inc. (SMT) | CA$109.17 Million | -42.13% | 2.47x | $178.24 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 Sierra Metals Inc.
Sierra Metals Inc., together with its subsidiaries, focuses on the production, exploration, and development of precious and base metals in Peru and Mexico. It primarily focuses on exploration of silver, copper, lead, zinc, and gold deposits. The company's property is the 82% owned polymetallic Yauricocha Mine located in the Yauyos province in Peru; and the company owned 100% in Bolivar Mine prope… Read more