SSC Security Services Corp (SECU) - Net Assets
Based on the latest financial reports, SSC Security Services Corp (SECU) has net assets worth CA$61.37 Million CAD (≈ $44.40 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$83.94 Million ≈ $60.72 Million USD) and total liabilities (CA$22.57 Million ≈ $16.33 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 how resilient are SSC Security Services Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$61.37 Million |
| % of Total Assets | 73.12% |
| Annual Growth Rate | -6.92% |
| 5-Year Change | -19.1% |
| 10-Year Change | N/A |
| Growth Volatility | 7.68 |
SSC Security Services Corp - Net Assets Trend (2018–2025)
This chart illustrates how SSC Security Services Corp's net assets have evolved over time, based on quarterly financial data. Also explore SECU total asset value for the complete picture of this company's asset base.
Annual Net Assets for SSC Security Services Corp (2018–2025)
The table below shows the annual net assets of SSC Security Services Corp from 2018 to 2025. For live valuation and market cap data, see market cap of SSC Security Services Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$61.37 Million ≈ $44.40 Million |
-4.87% |
| 2024-09-30 | CA$64.52 Million ≈ $46.67 Million |
-4.68% |
| 2023-09-30 | CA$67.69 Million ≈ $48.96 Million |
-4.19% |
| 2022-09-30 | CA$70.64 Million ≈ $51.10 Million |
-6.88% |
| 2021-09-30 | CA$75.87 Million ≈ $54.88 Million |
+6.81% |
| 2020-09-30 | CA$71.03 Million ≈ $51.38 Million |
-11.88% |
| 2019-09-30 | CA$80.60 Million ≈ $58.30 Million |
-20.49% |
| 2018-09-30 | CA$101.37 Million ≈ $73.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SSC Security Services 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 681758000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$80.50 Million | 131.17% |
| Total Equity | CA$61.37 Million | 100.00% |
SSC Security Services Corp Competitors by Market Cap
The table below lists competitors of SSC Security Services Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhong Yang Financial Group Limited Ordinary Shares
NASDAQ:TOP
|
$28.54 Million |
|
Ponni Sugars (Erode) Limited
NSE:PONNIERODE
|
$28.55 Million |
|
Geekay Wires Limited
NSE:GEEKAYWIRE
|
$28.55 Million |
|
SFD SA ZY -10
F:7PQ
|
$28.55 Million |
|
AGES Industri AB (publ)
ST:AGES-B
|
$28.54 Million |
|
Emyria Ltd
AU:EMD
|
$28.53 Million |
|
Velocity Minerals Ltd
V:VLC
|
$28.53 Million |
|
Nacon Sa
PA:NACON
|
$28.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSC Security Services Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 64,518,074 to 61,374,932, a change of -3,143,142 (-4.9%).
- Net income of 159,234 contributed positively to equity growth.
- Dividend payments of 2,219,815 reduced retained earnings.
- Share repurchases of 1,115,566 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$159.23K | +0.26% |
| Dividends Paid | CA$2.22 Million | -3.62% |
| Share Repurchases | CA$1.12 Million | -1.82% |
| Other Changes | CA$33.01K | +0.05% |
| Total Change | CA$- | -4.87% |
Book Value vs Market Value Analysis
This analysis compares SSC Security Services 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: 0.64x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-09-30 | CA$3.65 | CA$2.16 | x |
| 2019-09-30 | CA$3.79 | CA$2.16 | x |
| 2020-09-30 | CA$3.98 | CA$2.16 | x |
| 2021-09-30 | CA$3.74 | CA$2.16 | x |
| 2022-09-30 | CA$3.60 | CA$2.16 | x |
| 2023-09-30 | CA$3.50 | CA$2.16 | x |
| 2024-09-30 | CA$3.45 | CA$2.16 | x |
| 2025-09-30 | CA$3.36 | CA$2.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSC Security Services Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.13%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 1.37x
- Recent ROE (0.26%) is above the historical average (-0.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -1.36% | -3.51% | 0.33x | 1.17x | CA$-11.52 Million |
| 2019 | -2.77% | -5.08% | 0.41x | 1.34x | CA$-10.30 Million |
| 2020 | -1.03% | -2.86% | 0.31x | 1.15x | CA$-7.83 Million |
| 2021 | 2.49% | 9.32% | 0.24x | 1.12x | CA$-5.70 Million |
| 2022 | -1.39% | -1.97% | 0.57x | 1.24x | CA$-8.05 Million |
| 2023 | 0.13% | 0.08% | 1.29x | 1.25x | CA$-6.68 Million |
| 2024 | 0.92% | 0.49% | 1.49x | 1.26x | CA$-5.86 Million |
| 2025 | 0.26% | 0.13% | 1.42x | 1.37x | CA$-5.98 Million |
Industry Comparison
This section compares SSC Security Services Corp's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $4,389,566
- Average return on equity (ROE) among peers: -26.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SSC Security Services Corp (SECU) | CA$61.37 Million | -1.36% | 0.37x | $28.54 Million |
| Gatekeeper Systems Inc (GSI) | $262.66K | -89.03% | 0.20x | $114.09 Million |
| Pioneering Technology Corp (PTE) | $2.93 Million | -22.94% | 0.60x | $810.79K |
| Avante Logixx Inc (XX) | $1.55 Million | 0.00% | 0.12x | $26.02 Million |
| Zedcor Energy (ZDC) | $12.82 Million | 5.24% | 1.03x | $494.06 Million |
About SSC Security Services Corp
SSC Security Services Corp. provides cyber, physical, and electronic security services to commercial, industrial, and public sector clients in Canada. The company's physical security services consist of on-site security guards, remote continuous camera monitoring, mobile patrol, and investigative services. Its cyber security services include managed security services, vulnerability and risk analy… Read more