Sterling Metals Corp (SAG) - Net Assets
Based on the latest financial reports, Sterling Metals Corp (SAG) has net assets worth CA$17.58 Million CAD (≈ $12.71 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$17.89 Million ≈ $12.94 Million USD) and total liabilities (CA$310.10K ≈ $224.32K 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 SAG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$17.58 Million |
| % of Total Assets | 98.27% |
| Annual Growth Rate | -4.06% |
| 5-Year Change | 121.68% |
| 10-Year Change | N/A |
| Growth Volatility | 50.18 |
Sterling Metals Corp - Net Assets Trend (2016–2024)
This chart illustrates how Sterling Metals Corp's net assets have evolved over time, based on quarterly financial data. Also explore Sterling Metals Corp assets under control for the complete picture of this company's asset base.
Annual Net Assets for Sterling Metals Corp (2016–2024)
The table below shows the annual net assets of Sterling Metals Corp from 2016 to 2024. For live valuation and market cap data, see SAG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$14.11 Million ≈ $10.21 Million |
-18.26% |
| 2023-12-31 | CA$17.26 Million ≈ $12.49 Million |
+42.68% |
| 2022-12-31 | CA$12.10 Million ≈ $8.75 Million |
+36.62% |
| 2021-12-31 | CA$8.85 Million ≈ $6.41 Million |
+39.12% |
| 2020-12-31 | CA$6.36 Million ≈ $4.60 Million |
+2003.76% |
| 2019-12-31 | CA$-334.30K ≈ $-241.83K |
-309.09% |
| 2018-12-31 | CA$-81.72K ≈ $-59.11K |
-100.42% |
| 2017-12-31 | CA$19.51 Million ≈ $14.11 Million |
-0.76% |
| 2016-12-31 | CA$19.66 Million ≈ $14.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sterling Metals 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 4142594200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$79.40 Million | 562.79% |
| Total Equity | CA$14.11 Million | 100.00% |
Sterling Metals Corp Competitors by Market Cap
The table below lists competitors of Sterling Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mendus AB (publ)
ST:IMMU
|
$33.83 Million |
|
Gabriel Resources Ltd
V:GBU
|
$33.84 Million |
|
Acarix A/S
ST:ACARIX
|
$33.84 Million |
|
Inbest Prime IV Inmuebles SOCIMI S.A.
MC:YINB4
|
$33.85 Million |
|
Subur Tiasa Holdings Bhd
KLSE:6904
|
$33.83 Million |
|
Puloon Technology Inc
KQ:094940
|
$33.81 Million |
|
Atende S.A.
WAR:ATD
|
$33.81 Million |
|
E&E Recycling
TWO:8440
|
$33.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sterling Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,259,322 to 14,108,416, a change of -3,150,906 (-18.3%).
- Net loss of 10,718,952 reduced equity.
- New share issuances of 1,029,340 increased equity.
- Other factors increased equity by 6,538,706.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-10.72 Million | -75.98% |
| Share Issuances | CA$1.03 Million | +7.3% |
| Other Changes | CA$6.54 Million | +46.35% |
| Total Change | CA$- | -18.26% |
Book Value vs Market Value Analysis
This analysis compares Sterling Metals 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: 2.17x
- 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 0.73x to 2.17x 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$1.70 | CA$1.23 | x |
| 2018-12-31 | CA$-0.01 | CA$1.23 | x |
| 2019-12-31 | CA$-0.02 | CA$1.23 | x |
| 2020-12-31 | CA$0.16 | CA$1.23 | x |
| 2021-12-31 | CA$0.18 | CA$1.23 | x |
| 2022-12-31 | CA$0.17 | CA$1.23 | x |
| 2023-12-31 | CA$1.53 | CA$1.23 | x |
| 2024-12-31 | CA$0.57 | CA$1.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sterling Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -75.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-75.98%) is below the historical average (-19.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -15.74% | 0.00% | 0.00x | 1.09x | CA$-5.06 Million |
| 2017 | -12.50% | 0.00% | 0.00x | 1.14x | CA$-4.39 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-21.44 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-244.15K |
| 2020 | -32.38% | 0.00% | 0.00x | 1.06x | CA$-2.70 Million |
| 2021 | -15.53% | 0.00% | 0.00x | 1.03x | CA$-2.26 Million |
| 2022 | -12.74% | 0.00% | 0.00x | 1.03x | CA$-2.75 Million |
| 2023 | -9.06% | 0.00% | 0.00x | 1.04x | CA$-3.29 Million |
| 2024 | -75.98% | 0.00% | 0.00x | 1.03x | CA$-12.13 Million |
Industry Comparison
This section compares Sterling Metals Corp'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sterling Metals Corp (SAG) | CA$17.58 Million | -15.74% | 0.02x | $33.83 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $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) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Sterling Metals Corp
Sterling Metals Corp. engages in the discovery, acquisition, exploration, and development of mineral properties in Canada. It holds an option agreement to acquire a 100% interest in the Adeline copper silver project covering an area of approximately 29,700 hectares located in Labrador; and the Sail Pond silver-copper-lead-zinc project covering an area of 13,500 hectares located in the Great North… Read more