Signature Resources Ltd (SGU) - Net Assets
Based on the latest financial reports, Signature Resources Ltd (SGU) has net assets worth CA$-1.07 Million CAD (≈ $-774.54K USD) as of April 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.27 Million ≈ $917.78K USD) and total liabilities (CA$2.34 Million ≈ $1.69 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Signature Resources Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-1.07 Million |
| % of Total Assets | -84.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | -117.94% |
| 10-Year Change | -216.45% |
| Growth Volatility | 153.87 |
Signature Resources Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Signature Resources Ltd's net assets have evolved over time, based on quarterly financial data. See SGU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Signature Resources Ltd (2010–2024)
The table below shows the annual net assets of Signature Resources Ltd from 2010 to 2024. For live valuation and market cap data, see Signature Resources Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$-963.30K ≈ $-696.84K |
-0.80% |
| 2023-10-31 | CA$-955.66K ≈ $-691.31K |
-1.42% |
| 2022-10-31 | CA$-942.24K ≈ $-681.60K |
-106.92% |
| 2021-10-31 | CA$13.62 Million ≈ $9.85 Million |
+153.64% |
| 2020-10-31 | CA$5.37 Million ≈ $3.88 Million |
+21.71% |
| 2019-10-31 | CA$4.41 Million ≈ $3.19 Million |
-5.12% |
| 2018-10-31 | CA$4.65 Million ≈ $3.36 Million |
+92.40% |
| 2017-10-31 | CA$2.42 Million ≈ $1.75 Million |
+5.38% |
| 2016-10-31 | CA$2.29 Million ≈ $1.66 Million |
+177.18% |
| 2015-10-31 | CA$827.23K ≈ $598.40K |
+31.14% |
| 2014-10-31 | CA$630.79K ≈ $456.31K |
-18.30% |
| 2013-10-31 | CA$772.07K ≈ $558.50K |
-10.34% |
| 2012-10-31 | CA$861.07K ≈ $622.88K |
+515.36% |
| 2011-10-31 | CA$139.93K ≈ $101.22K |
-16.95% |
| 2010-10-31 | CA$168.49K ≈ $121.88K |
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Equity Component Analysis
This analysis shows how different components contribute to Signature Resources 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 2699683100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$26.17 Million | % |
| Total Equity | CA$-963.30K | 100.00% |
Signature Resources Ltd Competitors by Market Cap
The table below lists competitors of Signature Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brera Holdings PLC Class B Ordinary Shares
NASDAQ:BREA
|
$5.34 Million |
|
HELIX Resources Ltd
AU:HLX
|
$5.35 Million |
|
Fairchild Gold Corp
V:FAIR
|
$5.35 Million |
|
First Helium Inc
V:HELI
|
$5.35 Million |
|
IMPRENDIROMA S.P.A.
F:Y37
|
$5.33 Million |
|
Stonehorse Energy Ltd
AU:SHE
|
$5.33 Million |
|
Transatlantic Mining Corp
V:TCO
|
$5.33 Million |
|
Metal Hawk Ltd
AU:MHK
|
$5.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Signature Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -955,661 to -963,305, a change of -7,644.
- Net loss of 2,822,920 reduced equity.
- New share issuances of 2,797,487 increased equity.
- Other factors increased equity by 17,789.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.82 Million | -293.05% |
| Share Issuances | CA$2.80 Million | +290.41% |
| Other Changes | CA$17.79K | +1.85% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Signature Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-10-31 | CA$0.08 | CA$0.04 | x |
| 2012-10-31 | CA$0.28 | CA$0.04 | x |
| 2013-10-31 | CA$0.21 | CA$0.04 | x |
| 2014-10-31 | CA$0.17 | CA$0.04 | x |
| 2015-10-31 | CA$0.15 | CA$0.04 | x |
| 2016-10-31 | CA$0.30 | CA$0.04 | x |
| 2017-10-31 | CA$0.18 | CA$0.04 | x |
| 2018-10-31 | CA$0.27 | CA$0.04 | x |
| 2019-10-31 | CA$0.22 | CA$0.04 | x |
| 2020-10-31 | CA$0.23 | CA$0.04 | x |
| 2021-10-31 | CA$0.33 | CA$0.04 | x |
| 2022-10-31 | CA$-0.09 | CA$0.04 | x |
| 2023-10-31 | CA$-0.01 | CA$0.04 | x |
| 2024-10-31 | CA$-0.01 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Signature Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-24.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -97.24% | 0.00% | 0.00x | 1.87x | CA$-150.05K |
| 2012 | -107.14% | 0.00% | 0.00x | 1.03x | CA$-1.01 Million |
| 2013 | -11.53% | 0.00% | 0.00x | 2.81x | CA$-166.20K |
| 2014 | -32.54% | 0.00% | 0.00x | 3.37x | CA$-268.37K |
| 2015 | -14.22% | 0.00% | 0.00x | 2.61x | CA$-200.34K |
| 2016 | -12.84% | 0.00% | 0.00x | 1.59x | CA$-523.64K |
| 2017 | -17.58% | 0.00% | 0.00x | 1.56x | CA$-666.35K |
| 2018 | -11.19% | 0.00% | 0.00x | 1.32x | CA$-985.21K |
| 2019 | -16.92% | 0.00% | 0.00x | 1.48x | CA$-1.19 Million |
| 2020 | -18.52% | 0.00% | 0.00x | 1.35x | CA$-1.53 Million |
| 2021 | -10.18% | 0.00% | 0.00x | 1.16x | CA$-2.75 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.27 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.04 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.73 Million |
Industry Comparison
This section compares Signature Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Signature Resources Ltd (SGU) | CA$-1.07 Million | -97.24% | N/A | $5.34 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Signature Resources Ltd
Signature Resources Ltd. engages in the identification, evaluation, and exploration of mineral resource assets in Canada. The company primarily explores gold and precious metals. It holds 100% interest in the Lingman Lake Gold property that consists of 1,305 claims, comprising four freehold full patented claims, 14 mineral rights patented claims, 1,274 single-cell claims, and 13 multi-cell claims… Read more