Southern Empire Resources Corp (SMP) - Net Assets
Based on the latest financial reports, Southern Empire Resources Corp (SMP) has net assets worth CA$-733.18K CAD (≈ $-530.37K USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.70 Million ≈ $1.23 Million USD) and total liabilities (CA$2.44 Million ≈ $1.76 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Southern Empire Resources Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-733.18K |
| % of Total Assets | -43.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | -107.75% |
| 10-Year Change | N/A |
| Growth Volatility | 3300.0 |
Southern Empire Resources Corp - Net Assets Trend (2017–2025)
This chart illustrates how Southern Empire Resources Corp's net assets have evolved over time, based on quarterly financial data. See SMP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Southern Empire Resources Corp (2017–2025)
The table below shows the annual net assets of Southern Empire Resources Corp from 2017 to 2025. For live valuation and market cap data, see SMP stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$-1.11 Million ≈ $-801.49K |
-188.64% |
| 2024-10-31 | CA$-383.86K ≈ $-277.68K |
-103.36% |
| 2023-10-31 | CA$11.42 Million ≈ $8.26 Million |
-24.37% |
| 2022-10-31 | CA$15.10 Million ≈ $10.92 Million |
+5.54% |
| 2021-10-31 | CA$14.31 Million ≈ $10.35 Million |
-9.10% |
| 2020-10-31 | CA$15.74 Million ≈ $11.38 Million |
+9417.80% |
| 2019-10-31 | CA$165.35K ≈ $119.61K |
-42.27% |
| 2018-10-31 | CA$286.44K ≈ $207.21K |
+106.02% |
| 2017-10-31 | CA$139.04K ≈ $100.58K |
-- |
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 1901388200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$17.91 Million | % |
| Total Equity | CA$-1.11 Million | 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 |
|---|---|
|
Airtouch Solar Ltd
TA:ARTS
|
$3.26 Million |
|
RevoluGROUP Canada Inc
V:REVO
|
$3.26 Million |
|
Cascadero Copper Corp
V:CCD
|
$3.26 Million |
|
GRANITE CREEK COPPER
F:GRK
|
$3.26 Million |
|
IT Tech Packaging Inc
NYSE MKT:ITP
|
$3.24 Million |
|
NORTHERN SHIELD RES INC.
F:N9SA
|
$3.24 Million |
|
Pragma Inkaso S.A.
WAR:PRI
|
$3.24 Million |
|
Geekco Technologies Corp
V:GKO
|
$3.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Empire Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -383,862 to -1,107,976, a change of -724,114.
- Net loss of 848,152 reduced equity.
- New share issuances of 100,000 increased equity.
- Other factors increased equity by 24,038.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-848.15K | -76.55% |
| Share Issuances | CA$100.00K | +9.03% |
| Other Changes | CA$24.04K | +2.17% |
| Total Change | CA$- | % |
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$0.06 | x |
| 2018-10-31 | CA$0.06 | CA$0.06 | x |
| 2019-10-31 | CA$0.03 | CA$0.06 | x |
| 2020-10-31 | CA$0.42 | CA$0.06 | x |
| 2021-10-31 | CA$0.28 | CA$0.06 | x |
| 2022-10-31 | CA$0.25 | CA$0.06 | x |
| 2023-10-31 | CA$0.17 | CA$0.06 | x |
| 2024-10-31 | CA$-0.01 | CA$0.06 | x |
| 2025-10-31 | CA$-0.02 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Empire Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-17.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -4.29% | 0.00% | 0.00x | 1.04x | CA$-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$-11.79 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-737.35K |
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: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Empire Resources Corp (SMP) | CA$-733.18K | -4.29% | N/A | $3.25 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 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