Sailfish Royalty Corp (FISH) - Net Assets
Based on the latest financial reports, Sailfish Royalty Corp (FISH) has net assets worth CA$38.09 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$39.46 Million) and total liabilities (CA$1.38 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 | CA$38.09 Million |
| % of Total Assets | 96.51% |
| Annual Growth Rate | 91.41% |
| 5-Year Change | -29.03% |
| 10-Year Change | N/A |
| Growth Volatility | 61.16 |
Sailfish Royalty Corp - Net Assets Trend (2015–2024)
This chart illustrates how Sailfish Royalty 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 Sailfish Royalty Corp (2015–2024)
The table below shows the annual net assets of Sailfish Royalty Corp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$33.77 Million | -9.76% |
| 2023-12-31 | CA$37.42 Million | -9.35% |
| 2022-12-31 | CA$41.28 Million | -12.32% |
| 2021-12-31 | CA$47.08 Million | -1.05% |
| 2020-12-31 | CA$47.58 Million | +23.23% |
| 2019-12-31 | CA$38.61 Million | +90.94% |
| 2018-12-31 | CA$20.22 Million | +49.59% |
| 2017-12-31 | CA$13.52 Million | +39189.53% |
| 2016-12-31 | CA$-34.59K | -135.38% |
| 2015-12-31 | CA$97.77K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sailfish Royalty 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 14852.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$48.19 Million | 142.71% |
| Total Equity | CA$33.77 Million | 100.00% |
Sailfish Royalty Corp Competitors by Market Cap
The table below lists competitors of Sailfish Royalty Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lanson BCC SA
PA:ALLAN
|
$196.95 Million |
|
Acme Electronics
TWO:8121
|
$196.95 Million |
|
Bang & Olufsen
CO:BO
|
$196.95 Million |
|
Matba Rofex SA
BA:MTR
|
$197.01 Million |
|
Husteel
KO:005010
|
$196.86 Million |
|
Cabral Gold Inc
V:CBR
|
$196.86 Million |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
$196.81 Million |
|
Ziprecruiter Inc
NYSE:ZIP
|
$196.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sailfish Royalty Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,421,512 to 33,768,164, a change of -3,653,348 (-9.8%).
- Net income of 550,033 contributed positively to equity growth.
- Dividend payments of 3,550,195 reduced retained earnings.
- Share repurchases of 1,674,065 reduced equity.
- Other factors increased equity by 1,020,879.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$550.03K | +1.63% |
| Dividends Paid | CA$3.55 Million | -10.51% |
| Share Repurchases | CA$1.67 Million | -4.96% |
| Other Changes | CA$1.02 Million | +3.02% |
| Total Change | CA$- | -9.76% |
Book Value vs Market Value Analysis
This analysis compares Sailfish Royalty 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: 7.43x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CA$0.00 | CA$3.57 | x |
| 2017-12-31 | CA$0.42 | CA$3.57 | x |
| 2018-12-31 | CA$0.48 | CA$3.57 | x |
| 2019-12-31 | CA$0.84 | CA$3.57 | x |
| 2020-12-31 | CA$0.71 | CA$3.57 | x |
| 2021-12-31 | CA$0.63 | CA$3.57 | x |
| 2022-12-31 | CA$0.57 | CA$3.57 | x |
| 2023-12-31 | CA$0.52 | CA$3.57 | x |
| 2024-12-31 | CA$0.48 | CA$3.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sailfish Royalty Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.37%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.16x
- Recent ROE (1.63%) is above the historical average (-12.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -132.85% | 0.00% | 0.00x | 3.11x | CA$-139.66K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-128.89K |
| 2017 | -2.65% | 0.00% | 0.00x | 1.02x | CA$-1.71 Million |
| 2018 | 27.82% | 19348.94% | 0.00x | 1.00x | CA$3.60 Million |
| 2019 | -8.89% | -2762.51% | 0.00x | 1.30x | CA$-7.29 Million |
| 2020 | -9.65% | -4852.23% | 0.00x | 1.07x | CA$-9.35 Million |
| 2021 | 6.94% | 221.58% | 0.03x | 1.03x | CA$-1.44 Million |
| 2022 | -2.92% | -45.55% | 0.06x | 1.03x | CA$-5.33 Million |
| 2023 | -2.96% | -47.40% | 0.05x | 1.14x | CA$-4.85 Million |
| 2024 | 1.63% | 19.37% | 0.07x | 1.16x | CA$-2.83 Million |
Industry Comparison
This section compares Sailfish Royalty Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sailfish Royalty Corp (FISH) | CA$38.09 Million | -132.85% | 0.04x | $196.93 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Sailfish Royalty Corp
Sailfish Royalty Corp. engages in the acquisition of precious metals royalty and streaming agreements. The company engages in the exploration of gold and silver deposits. It offers management services. Sailfish Royalty Corp. was incorporated in 2014 and is headquartered in Road Town, the British Virgin Islands.