Smooth Rock Ventures Corp Net Assets
Smooth Rock Ventures Corp net assets. 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. Also explore net asset momentum of Smooth Rock Ventures Corp to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Smooth Rock Ventures Corp (2018–2025)
Net assets of Smooth Rock Ventures Corp from 2018 to 2025. This chart illustrates how Smooth Rock Ventures Corp's net assets have evolved over time, based on quarterly financial data. See Smooth Rock Ventures Corp (SMRV) balance sheet quality index to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see market value of Smooth Rock Ventures Corp.
| 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 |
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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.
Smooth Rock Ventures Corp Net Assets Breakdown (December 2025)
Smooth Rock Ventures Corp net assets breakdown by equity component as of 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 |
|---|---|
|
AGS Transact Technologies Limited
NSE:AGSTRA
|
$2.69 Million |
|
NORTHERN SHIELD RES INC.
F:N9SA
|
$2.69 Million |
|
Empire Metals Limited
LSE:EEE
|
$2.69 Million |
|
Mustang Bio Inc
NASDAQ:MBIO
|
$2.69 Million |
|
SQX Resources Ltd
AU:SQX
|
$2.69 Million |
|
Omega Therapeutics Inc
NASDAQ:OMGA
|
$2.69 Million |
|
Pomvom
TA:PMVM
|
$2.68 Million |
|
Calidi Biotherapeutics Inc.
NYSE MKT:CLDI
|
$2.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smooth Rock Ventures Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 433,909 to 289,158, a change of -144,751 (-33.4%).
- Net loss of 144,751 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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: 7.68x
- 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 20.77x to 7.68x 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$0.18 | x |
| 2019-12-31 | CA$0.07 | CA$0.18 | x |
| 2020-12-31 | CA$0.09 | CA$0.18 | x |
| 2021-12-31 | CA$0.09 | CA$0.18 | x |
| 2022-12-31 | CA$0.06 | CA$0.18 | x |
| 2023-12-31 | CA$0.08 | CA$0.18 | x |
| 2024-12-31 | CA$0.04 | CA$0.18 | x |
| 2025-12-31 | CA$0.02 | CA$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smooth Rock Ventures Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -50.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.33x
- Recent ROE (-50.06%) is above the historical average (-171.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -982.76% | 0.00% | 0.00x | 1.41x | CA$-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: $20,059,658
- Average return on equity (ROE) among peers: -23.28%
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 | $2.69 Million |
| Aftermath Silver Ltd (AAG) | $25.06 Million | -33.91% | 0.29x | $98.74 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $30.43 Million |
| Arbor Metals Corp (ABR) | $209.66K | -14.88% | 0.05x | $3.75 Million |
| Asiabasemetals Inc (ABZ) | $-3.48K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-29.49 Million | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $130.65 Million |
| Amarc Resources Ltd. (AHR) | $8.89 Million | -72.74% | 0.07x | $166.98 Million |
| Almonty Industries Inc (AII) | $35.57 Million | -59.53% | 3.72x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $440.09 Million |
About Smooth Rock Ventures Corp
Smooth Rock Ventures Corp. engages in the acquisition and exploration of mineral properties. The company primarily explores for gold deposits. It holds a 100% undivided interest in the Palmetto Project comprising of 116 unpatented mining claims covering an area of 2117 acres located in Esmeralda County, Nevada; and the Giroux Project consisting of 12 patented claims and 36 unpatented mining claim… Read more