GR Silver Mining Ltd (GRSL) - Net Assets
Based on the latest financial reports, GR Silver Mining Ltd (GRSL) has net assets worth CA$19.18 Million CAD (≈ $13.87 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$20.97 Million ≈ $15.17 Million USD) and total liabilities (CA$1.79 Million ≈ $1.29 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 financial resilience of GR Silver Mining Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$19.18 Million |
| % of Total Assets | 91.48% |
| Annual Growth Rate | 68.56% |
| 5-Year Change | -19.09% |
| 10-Year Change | N/A |
| Growth Volatility | 253.1 |
GR Silver Mining Ltd - Net Assets Trend (2016–2024)
This chart illustrates how GR Silver Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is GR Silver Mining Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for GR Silver Mining Ltd (2016–2024)
The table below shows the annual net assets of GR Silver Mining Ltd from 2016 to 2024. For live valuation and market cap data, see GR Silver Mining Ltd (GRSL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.82 Million ≈ $5.66 Million |
+148.42% |
| 2023-12-31 | CA$-16.15 Million ≈ $-11.68 Million |
-451.70% |
| 2022-12-31 | CA$4.59 Million ≈ $3.32 Million |
-59.22% |
| 2021-12-31 | CA$11.26 Million ≈ $8.15 Million |
+16.51% |
| 2020-12-31 | CA$9.67 Million ≈ $6.99 Million |
+193.73% |
| 2019-12-31 | CA$3.29 Million ≈ $2.38 Million |
+44.30% |
| 2018-12-31 | CA$2.28 Million ≈ $1.65 Million |
+332.83% |
| 2017-12-31 | CA$526.94K ≈ $381.18K |
+339.12% |
| 2016-12-31 | CA$120.00K ≈ $86.81K |
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Equity Component Analysis
This analysis shows how different components contribute to GR Silver Mining 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 6267165700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$71.25 Million | 910.89% |
| Total Equity | CA$7.82 Million | 100.00% |
GR Silver Mining Ltd Competitors by Market Cap
The table below lists competitors of GR Silver Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunfon Construction Co Ltd
TWO:5514
|
$112.10 Million |
|
YTN Co.Ltd
KQ:040300
|
$112.12 Million |
|
KPS Corporation
KQ:256940
|
$112.12 Million |
|
Ultra Chip
TWO:3141
|
$112.14 Million |
|
Agenus Inc
NASDAQ:AGEN
|
$112.04 Million |
|
Suria Capital Holdings Bhd
KLSE:6521
|
$112.00 Million |
|
Land General Bhd
KLSE:3174
|
$111.97 Million |
|
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft
HM:NEP
|
$111.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GR Silver Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -16,152,515 to 7,821,833, a change of 23,974,348.
- Net income of 19,284,843 contributed positively to equity growth.
- New share issuances of 3,039,174 increased equity.
- Other factors increased equity by 1,650,331.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$19.28 Million | +246.55% |
| Share Issuances | CA$3.04 Million | +38.86% |
| Other Changes | CA$1.65 Million | +21.1% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares GR Silver Mining 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: 13.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 6.99x to 13.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.04 | CA$0.31 | x |
| 2018-12-31 | CA$0.07 | CA$0.31 | x |
| 2019-12-31 | CA$0.07 | CA$0.31 | x |
| 2020-12-31 | CA$0.09 | CA$0.31 | x |
| 2021-12-31 | CA$0.07 | CA$0.31 | x |
| 2022-12-31 | CA$0.02 | CA$0.31 | x |
| 2023-12-31 | CA$-0.05 | CA$0.31 | x |
| 2024-12-31 | CA$0.02 | CA$0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GR Silver Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 246.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.24x
- Recent ROE (246.55%) is above the historical average (-125.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -225.64% | 0.00% | 0.00x | 1.53x | CA$-1.24 Million |
| 2018 | -251.69% | 0.00% | 0.00x | 1.15x | CA$-5.97 Million |
| 2019 | -112.24% | 0.00% | 0.00x | 1.11x | CA$-4.02 Million |
| 2020 | -90.45% | 0.00% | 0.00x | 1.12x | CA$-9.71 Million |
| 2021 | -161.57% | 0.00% | 0.00x | 2.52x | CA$-19.32 Million |
| 2022 | -409.22% | 0.00% | 0.00x | 5.51x | CA$-19.25 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-23.98 Million |
| 2024 | 246.55% | 0.00% | 0.00x | 1.24x | CA$18.50 Million |
Industry Comparison
This section compares GR Silver Mining 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 |
|---|---|---|---|---|
| GR Silver Mining Ltd (GRSL) | CA$19.18 Million | -225.64% | 0.09x | $112.09 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 GR Silver Mining Ltd
GR Silver Mining Ltd. does not have significant operations. The company was previously engaged in the acquisition and exploration of mineral resource properties. It explores for gold, silver, lead, and zinc deposits in Mexico. The company was formerly known as Goldplay Exploration Ltd. and changed its name to GR Silver Mining Ltd. in January 2020. GR Silver Mining Ltd. was incorporated in 2012 an… Read more