Southern Empire Resources Corp (SMP) - Net Assets
Based on the latest financial reports, Southern Empire Resources Corp (SMP) has net assets worth CA$-643.66K CAD as of April 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.30 Million) and total liabilities (CA$1.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-643.66K |
| % of Total Assets | -49.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.44% |
| 10-Year Change | N/A |
| Growth Volatility | 3300.0 |
Southern Empire Resources Corp - Net Assets Trend (2017–2024)
This chart illustrates how Southern Empire Resources Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Southern Empire Resources Corp (2017–2024)
The table below shows the annual net assets of Southern Empire Resources Corp from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$-383.86K | -103.36% |
| 2023-10-31 | CA$11.42 Million | -24.37% |
| 2022-10-31 | CA$15.10 Million | +5.54% |
| 2021-10-31 | CA$14.31 Million | -9.10% |
| 2020-10-31 | CA$15.74 Million | +9417.80% |
| 2019-10-31 | CA$165.35K | -42.27% |
| 2018-10-31 | CA$286.44K | +106.02% |
| 2017-10-31 | CA$139.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southern Empire Resources 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 1816573000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$17.79 Million | % |
| Total Equity | CA$-383.86K | 100.00% |
Southern Empire Resources Corp Competitors by Market Cap
The table below lists competitors of Southern Empire Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TIO
AU:TIO
|
$3.53 Million |
|
Searchlight Resources Inc
V:SCLT
|
$3.53 Million |
|
Global IBO Group Ltd
NASDAQ:GIBO
|
$3.53 Million |
|
Oblong Inc
NASDAQ:OBLG
|
$3.53 Million |
|
Willings Co. Ltd
KQ:313760
|
$3.52 Million |
|
Xiwang Property Holdings Company Limited
F:XSA
|
$3.52 Million |
|
Orbminco Ltd
AU:OB1
|
$3.52 Million |
|
Murphy&Spitz Green Capital Aktiengesellschaft
DU:6MP
|
$3.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Empire Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,418,368 to -383,862, a change of -11,802,230 (-103.4%).
- Net loss of 11,828,105 reduced equity.
- Other factors increased equity by 25,875.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-11.83 Million | -3081.34% |
| Other Changes | CA$25.88K | +6.74% |
| Total Change | CA$- | -103.36% |
Book Value vs Market Value Analysis
This analysis compares Southern Empire Resources 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | CA$0.02 | CA$0.07 | x |
| 2018-10-31 | CA$0.06 | CA$0.07 | x |
| 2019-10-31 | CA$0.03 | CA$0.07 | x |
| 2020-10-31 | CA$0.42 | CA$0.07 | x |
| 2021-10-31 | CA$0.28 | CA$0.07 | x |
| 2022-10-31 | CA$0.25 | CA$0.07 | x |
| 2023-10-31 | CA$0.17 | CA$0.07 | x |
| 2024-10-31 | CA$-0.01 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Empire Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-19.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -4.29% | 0.00% | 0.00x | 1.04x | CA$-19.87K |
| 2018 | -26.67% | 0.00% | 0.00x | 1.04x | CA$-105.04K |
| 2019 | -74.26% | 0.00% | 0.00x | 2.51x | CA$-139.33K |
| 2020 | 1.00% | 0.00% | 0.00x | 1.01x | CA$-1.42 Million |
| 2021 | -11.28% | 0.00% | 0.00x | 1.04x | CA$-3.04 Million |
| 2022 | -4.70% | 0.00% | 0.00x | 1.03x | CA$-2.22 Million |
| 2023 | -34.78% | 0.00% | 0.00x | 1.07x | CA$-5.11 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-11.79 Million |
Industry Comparison
This section compares Southern Empire Resources Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Empire Resources Corp (SMP) | CA$-643.66K | -4.29% | N/A | $3.52 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Southern Empire Resources Corp
Southern Empire Resources Corp. engages in the acquisition, exploration, and development of metals and mineral resources in the United States and Mexico. It explores gold and copper deposits. The company was formerly known as Owl Capital Corp. and changed its name to Southern Empire Resources Corp. in March 2018. Southern Empire Resources Corp. was incorporated in 2017 and is headquartered in Van… Read more