Southstone Minerals Ltd (SML) - Net Assets

Latest as of November 2025: CA$-1.36 Million CAD ≈ $-982.00K USD

Based on the latest financial reports, Southstone Minerals Ltd (SML) has net assets worth CA$-1.36 Million CAD (≈ $-982.00K USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.25 Million ≈ $902.99K USD) and total liabilities (CA$2.61 Million ≈ $1.88 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 Southstone Minerals Ltd (SML) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-1.36 Million
% of Total Assets	-108.75%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	N/A

Southstone Minerals Ltd - Net Assets Trend (2016–2025)

This chart illustrates how Southstone Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Southstone Minerals Ltd for the complete picture of this company's asset base.

Annual Net Assets for Southstone Minerals Ltd (2016–2025)

The table below shows the annual net assets of Southstone Minerals Ltd from 2016 to 2025. For live valuation and market cap data, see market cap of Southstone Minerals Ltd.

Year	Net Assets	Change
2025-08-31	CA$-1.51 Million ≈ $-1.09 Million	-3.51%
2024-08-31	CA$-1.45 Million ≈ $-1.05 Million	-17.39%
2023-08-31	CA$-1.24 Million ≈ $-896.00K	-11.94%
2022-08-31	CA$-1.11 Million ≈ $-800.45K	-39.77%
2021-08-31	CA$-791.69K ≈ $-572.69K	-75.05%
2020-08-31	CA$-452.27K ≈ $-327.16K	-96.71%
2019-08-31	CA$-229.91K ≈ $-166.31K	-180.81%
2018-08-31	CA$-81.88K ≈ $-59.23K	+90.62%
2017-08-31	CA$-872.97K ≈ $-631.49K	+21.13%
2016-08-31	CA$-1.11 Million ≈ $-800.63K	--

Equity Component Analysis

This analysis shows how different components contribute to Southstone Minerals 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 401338300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (August 2025)

Component	Amount	Percentage
Other Components	CA$20.74 Million	%
Total Equity	CA$-1.64 Million	100.00%

Southstone Minerals Ltd Competitors by Market Cap

The table below lists competitors of Southstone Minerals Ltd ranked by their market capitalization.

Company	Market Cap
Atlantis Resources Ltd LSE:SAE	$241.85K
GLOBAL UAV TECHS F:YAB	$242.92K
Bakrie & Brothers Tbk JK:BNBR	$242.96K
Europa Oil & Gas Holdings LSE:EOG	$244.21K
TOOSLA SA EO-08125 F:W6Q	$241.20K
Atlas Corp NASDAQ:ATCOL	$240.09K
Veg of Lund AB ST:VOLAB	$239.80K
Murray & Roberts Holdings Ltd JSE:MUR	$238.01K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Southstone Minerals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -1,491,736 to -1,641,248, a change of -149,512.
Net loss of 115,498 reduced equity.
Other factors decreased equity by 34,014.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-115.50K	-7.04%
Other Changes	CA$-34.01K	-2.07%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Southstone Minerals 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
2017-08-31	CA$-0.04	CA$0.01	x
2018-08-31	CA$0.00	CA$0.01	x
2019-08-31	CA$-0.02	CA$0.01	x
2020-08-31	CA$-0.03	CA$0.01	x
2021-08-31	CA$-0.03	CA$0.01	x
2022-08-31	CA$-0.04	CA$0.01	x
2023-08-31	CA$-0.04	CA$0.01	x
2024-08-31	CA$-0.04	CA$0.01	x
2025-08-31	CA$-0.05	CA$0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Southstone Minerals 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: -3.20%
• Asset Turnover: 4.58x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is below the historical average (0.00%), 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	0.00%	-25.09%	3.10x	0.00x	CA$-3.15 Million
2017	0.00%	-12.40%	3.56x	0.00x	CA$-1.57 Million
2018	0.00%	-8.74%	3.47x	0.00x	CA$-1.14 Million
2019	0.00%	-1.11%	0.88x	0.00x	CA$3.68K
2020	0.00%	6.24%	3.30x	0.00x	CA$423.98K
2021	0.00%	-18.67%	3.74x	0.00x	CA$-424.15K
2022	0.00%	-68.20%	2.07x	0.00x	CA$-460.95K
2023	0.00%	-15.15%	6.37x	0.00x	CA$-62.56K
2024	0.00%	-7.78%	6.46x	0.00x	CA$-9.22K
2025	0.00%	-3.20%	4.58x	0.00x	CA$48.63K

Industry Comparison

This section compares Southstone Minerals Ltd's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

Industry: Thermal Coal
Average net assets among peers: $-4,039,408
Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Southstone Minerals Ltd (SML)	CA$-1.36 Million	0.00%	N/A	$241.62K
Morien Resources Corp (MOX)	$-4.04 Million	0.00%	0.00x	$8.71 Million

About Southstone Minerals Ltd

V:SML Canada Thermal Coal

Market Cap

$241.62K

CA$334.02K CAD

Market Cap Rank

#30774 Global

#1669 in Canada

Share Price

CA$0.01

Change (1 day)

+0.00%

52-Week Range

CA$0.01 - CA$1650.77

All Time High

CA$1650.77