Smooth Rock Ventures Corp (SMRV) - Net Assets

Latest as of June 2026: CA$1.48 Million CAD ≈ $1.07 Million USD

Based on the latest financial reports, Smooth Rock Ventures Corp (SMRV) has net assets worth CA$1.48 Million CAD (≈ $1.07 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.55 Million ≈ $1.12 Million USD) and total liabilities (CA$74.60K ≈ $53.97K 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 Smooth Rock Ventures Corp (SMRV) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$1.48 Million
% of Total Assets	95.2%
Annual Growth Rate	19.26%
5-Year Change	-86.42%
10-Year Change	N/A
Growth Volatility	389.53

Smooth Rock Ventures Corp - Net Assets Trend (2018–2025)

This chart illustrates how Smooth Rock Ventures Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SMRV market cap.

Annual Net Assets for Smooth Rock Ventures Corp (2018–2025)

The table below shows the annual net assets of Smooth Rock Ventures Corp from 2018 to 2025. Also explore Smooth Rock Ventures Corp (SMRV) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CA$289.16K ≈ $209.17K	-33.36%
2024-12-31	CA$433.91K ≈ $313.88K	-54.53%
2023-12-31	CA$954.31K ≈ $690.33K	-30.00%
2022-12-31	CA$1.36 Million ≈ $986.17K	-35.99%
2021-12-31	CA$2.13 Million ≈ $1.54 Million	-1.21%
2020-12-31	CA$2.16 Million ≈ $1.56 Million	+113.91%
2019-12-31	CA$1.01 Million ≈ $729.05K	+1096.33%
2018-12-31	CA$84.24K ≈ $60.94K	--

Equity Component Analysis

This analysis shows how different components contribute to Smooth Rock Ventures 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 357196700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CA$27.04 Million	9351.20%
Total Equity	CA$289.16K	100.00%

Smooth Rock Ventures Corp Competitors by Market Cap

The table below lists competitors of Smooth Rock Ventures Corp ranked by their market capitalization.

Company	Market Cap
BPH Energy Ltd AU:BPH	$2.39 Million
4GLOBAL LS-01 F:HS9	$2.40 Million
Mobi724 Global Solutions Inc V:MOS	$2.40 Million
Sherborne Investors Guernsey C Ltd LSE:SIGC	$2.40 Million
Beam Communications Holdings Ltd AU:BCC	$2.38 Million
Yari Minerals Ltd AU:YAR	$2.38 Million
Infinity Lithium Corporation Ltd AU:INF	$2.37 Million
RareX Limited F:CK1	$2.37 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Smooth Rock Ventures Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 433,909 to 289,158, a change of -144,751 (-33.4%).
Net loss of 144,751 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-144.75K	-50.06%
Total Change	CA$-	-33.36%

Book Value vs Market Value Analysis

This analysis compares Smooth Rock Ventures 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: 6.83x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 18.47x to 6.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2018-12-31	CA$0.01	CA$0.16	x
2019-12-31	CA$0.07	CA$0.16	x
2020-12-31	CA$0.09	CA$0.16	x
2021-12-31	CA$0.09	CA$0.16	x
2022-12-31	CA$0.06	CA$0.16	x
2023-12-31	CA$0.08	CA$0.16	x
2024-12-31	CA$0.04	CA$0.16	x
2025-12-31	CA$0.02	CA$0.16	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Smooth Rock Ventures 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): -50.06%
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: 4.33x
Recent ROE (-50.06%) is above the historical average (-171.05%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2018	-982.76%	0.00%	0.00x	1.41x	CA$-836.34K
2019	-51.41%	0.00%	0.00x	1.08x	CA$-618.88K
2020	-31.35%	0.00%	0.00x	1.07x	CA$-891.39K
2021	-15.16%	0.00%	0.00x	1.18x	CA$-535.79K
2022	-65.21%	0.00%	0.00x	1.46x	CA$-1.03 Million
2023	-52.51%	0.00%	0.00x	1.97x	CA$-596.57K
2024	-119.93%	0.00%	0.00x	3.23x	CA$-563.79K
2025	-50.06%	0.00%	0.00x	4.33x	CA$-173.67K

Industry Comparison

This section compares Smooth Rock Ventures Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

Industry: Other Industrial Metals & Mining
Average net assets among peers: $35,388,736
Average return on equity (ROE) among peers: -60.02%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Smooth Rock Ventures Corp (SMRV)	CA$1.48 Million	-982.76%	0.05x	$2.39 Million
Aftermath Silver Ltd (AAG)	$25.06 Million	-33.91%	0.29x	$158.16 Million
Aton Resources Inc (AAN)	$-9.99 Million	0.00%	0.00x	$45.18 Million
Arbor Metals Corp (ABR)	$384.49K	-219.08%	1.89x	$6.14 Million
Asiabasemetals Inc (ABZ)	$-820.83K	0.00%	0.00x	$2.36 Million
Adex Mining Inc (ADE)	$15.29 Million	-9.66%	0.03x	$46.54 Million
Alphamin Res (AFM)	$197.93 Million	-3.97%	0.50x	$1.25 Billion
Silver X Mining Corp (AGX)	$6.99 Million	-54.56%	0.04x	$148.73 Million
Amarc Resources Ltd. (AHR)	$763.11K	-243.05%	0.34x	$156.65 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$3.18 Billion
Aldebaran Resources Inc (ALDE)	$78.53 Million	0.45%	0.01x	$366.96 Million

About Smooth Rock Ventures Corp

V:SMRV Canada Other Industrial Metals & Mining

Market Cap

$2.39 Million

CA$3.30 Million CAD

Market Cap Rank

#29883 Global

#1454 in Canada

Share Price

CA$0.16

Change (1 day)

-17.95%

52-Week Range

CA$0.07 - CA$0.47

All Time High

CA$0.60