Stellar AfricaGold Inc. (SPX) - Net Assets
Based on the latest financial reports, Stellar AfricaGold Inc. (SPX) has net assets worth CA$3.78 Million CAD (≈ $2.73 Million 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$3.98 Million ≈ $2.88 Million USD) and total liabilities (CA$196.68K ≈ $142.28K 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 financial resilience of Stellar AfricaGold Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.78 Million |
| % of Total Assets | 95.05% |
| Annual Growth Rate | 5.41% |
| 5-Year Change | -74.5% |
| 10-Year Change | N/A |
| Growth Volatility | 578.6 |
Stellar AfricaGold Inc. - Net Assets Trend (2001–2025)
This chart illustrates how Stellar AfricaGold Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore SPX total assets for the complete picture of this company's asset base.
Annual Net Assets for Stellar AfricaGold Inc. (2001–2025)
The table below shows the annual net assets of Stellar AfricaGold Inc. from 2001 to 2025. For live valuation and market cap data, see SPX market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | CA$511.87K ≈ $370.28K |
+193.70% |
| 2024-07-31 | CA$-546.31K ≈ $-395.19K |
-2107.76% |
| 2023-07-31 | CA$-24.75K ≈ $-17.90K |
-102.19% |
| 2022-07-31 | CA$1.13 Million ≈ $816.82K |
-43.75% |
| 2021-07-31 | CA$2.01 Million ≈ $1.45 Million |
+76.76% |
| 2020-07-31 | CA$1.14 Million ≈ $821.50K |
+165.32% |
| 2019-07-31 | CA$-1.74 Million ≈ $-1.26 Million |
-44.72% |
| 2018-07-31 | CA$-1.20 Million ≈ $-868.98K |
-239.06% |
| 2017-07-31 | CA$-354.29K ≈ $-256.29K |
+40.04% |
| 2016-07-31 | CA$-590.88K ≈ $-427.44K |
-1.39% |
| 2015-07-31 | CA$-582.80K ≈ $-421.59K |
-39.69% |
| 2014-07-31 | CA$-417.23K ≈ $-301.81K |
-113.52% |
| 2013-07-31 | CA$3.09 Million ≈ $2.23 Million |
-17.62% |
| 2012-07-31 | CA$3.75 Million ≈ $2.71 Million |
-28.23% |
| 2011-07-31 | CA$5.22 Million ≈ $3.78 Million |
+6.34% |
| 2010-07-31 | CA$4.91 Million ≈ $3.55 Million |
+71.79% |
| 2009-07-31 | CA$2.86 Million ≈ $2.07 Million |
-24.33% |
| 2008-07-31 | CA$3.78 Million ≈ $2.73 Million |
-9.21% |
| 2007-07-31 | CA$4.16 Million ≈ $3.01 Million |
+2149.29% |
| 2003-07-31 | CA$184.89K ≈ $133.75K |
-26.04% |
| 2002-07-31 | CA$249.98K ≈ $180.83K |
+72.76% |
| 2001-07-31 | CA$144.70K ≈ $104.67K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Stellar AfricaGold Inc.'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 2381996100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$28.36 Million | 5540.93% |
| Total Equity | CA$511.87K | 100.00% |
Stellar AfricaGold Inc. Competitors by Market Cap
The table below lists competitors of Stellar AfricaGold Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Cross Holdings Preference Shares
KO:005257
|
$4.00 Million |
|
Roolife Group Ltd
AU:RLG
|
$4.01 Million |
|
Astrotech Corp
NASDAQ:ASTC
|
$4.01 Million |
|
Entreprendre
PA:ALENR
|
$4.01 Million |
|
Autonomix Medical, Inc. Common Stock
NASDAQ:AMIX
|
$3.99 Million |
|
Cyber Media (India) Limited
NSE:CYBERMEDIA
|
$3.99 Million |
|
Applied DNA Sciences Inc
NASDAQ:APDN
|
$3.99 Million |
|
M3 Mining Ltd
AU:M3M
|
$3.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stellar AfricaGold Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -546,310 to 511,871, a change of 1,058,181.
- Net loss of 1,333,202 reduced equity.
- New share issuances of 1,770,000 increased equity.
- Other factors increased equity by 621,383.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.33 Million | -260.46% |
| Share Issuances | CA$1.77 Million | +345.79% |
| Other Changes | CA$621.38K | +121.39% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Stellar AfricaGold Inc.'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: 6.81x
- 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 increased from 0.09x to 6.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-07-31 | CA$0.90 | CA$0.09 | x |
| 2002-07-31 | CA$1.38 | CA$0.09 | x |
| 2003-07-31 | CA$0.63 | CA$0.09 | x |
| 2007-07-31 | CA$9.57 | CA$0.09 | x |
| 2008-07-31 | CA$1.56 | CA$0.09 | x |
| 2009-07-31 | CA$1.14 | CA$0.09 | x |
| 2010-07-31 | CA$1.08 | CA$0.09 | x |
| 2011-07-31 | CA$0.60 | CA$0.09 | x |
| 2012-07-31 | CA$0.32 | CA$0.09 | x |
| 2013-07-31 | CA$0.24 | CA$0.09 | x |
| 2014-07-31 | CA$-0.03 | CA$0.09 | x |
| 2015-07-31 | CA$-0.03 | CA$0.09 | x |
| 2016-07-31 | CA$-0.02 | CA$0.09 | x |
| 2017-07-31 | CA$-0.01 | CA$0.09 | x |
| 2018-07-31 | CA$-0.02 | CA$0.09 | x |
| 2019-07-31 | CA$-0.03 | CA$0.09 | x |
| 2020-07-31 | CA$0.02 | CA$0.09 | x |
| 2021-07-31 | CA$0.02 | CA$0.09 | x |
| 2022-07-31 | CA$0.01 | CA$0.09 | x |
| 2023-07-31 | CA$0.00 | CA$0.09 | x |
| 2024-07-31 | CA$-0.05 | CA$0.09 | x |
| 2025-07-31 | CA$0.01 | CA$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stellar AfricaGold Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -260.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.68x
- Recent ROE (-260.46%) is below the historical average (-19.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -87.12% | 0.00% | 0.00x | 1.10x | CA$-140.53K |
| 2002 | -42.61% | -4129.66% | 0.01x | 1.04x | CA$-131.50K |
| 2003 | -35.20% | -3346.32% | 0.01x | 1.09x | CA$-83.58K |
| 2007 | -16.05% | -9054.06% | 0.00x | 1.15x | CA$-1.08 Million |
| 2008 | -7.66% | -3304.28% | 0.00x | 1.21x | CA$-666.64K |
| 2009 | -31.03% | -30548.24% | 0.00x | 1.31x | CA$-1.17 Million |
| 2010 | -13.67% | 0.00% | 0.00x | 1.29x | CA$-1.16 Million |
| 2011 | -43.53% | 0.00% | 0.00x | 1.21x | CA$-2.79 Million |
| 2012 | 74.19% | 0.00% | 0.00x | 1.22x | CA$2.40 Million |
| 2013 | -24.62% | 0.00% | 0.00x | 1.28x | CA$-1.07 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-523.27K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-379.11K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-263.24K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-872.26K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.21 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-535.91K |
| 2020 | 255.82% | 0.00% | 0.00x | 1.79x | CA$2.79 Million |
| 2021 | -59.01% | 0.00% | 0.00x | 1.13x | CA$-1.39 Million |
| 2022 | -140.53% | 0.00% | 0.00x | 1.23x | CA$-1.70 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.16 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-636.31K |
| 2025 | -260.46% | 0.00% | 0.00x | 1.68x | CA$-1.38 Million |
Industry Comparison
This section compares Stellar AfricaGold Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,258,159,391
- Average return on equity (ROE) among peers: -19.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stellar AfricaGold Inc. (SPX) | CA$3.78 Million | -87.12% | 0.05x | $3.99 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.42 Billion |
| Abcourt Mines Inc. (ABI) | $7.35 Million | -6.57% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $25.55 Billion | 17.55% | 0.91x | $68.12 Billion |
| American Eagle Gold Corp (AE) | $3.09 Million | -121.24% | 0.18x | $138.81 Million |
| Agnico Eagle Mines Limited (AEM) | $4.14 Billion | 0.59% | 0.61x | $87.88 Billion |
| Alamos Gold Inc (AGI) | $2.70 Billion | 3.57% | 0.26x | $16.11 Billion |
| AIS Resources Ltd (AIS) | $577.81K | 10.30% | 0.10x | $2.39 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $808.42K | -88.14% | 0.70x | $45.04 Million |
| Almaden Minerals Ltd (AMM) | $71.18 Million | -4.93% | 0.07x | $24.82 Million |
About Stellar AfricaGold Inc.
Stellar AfricaGold Inc., together with its subsidiaries, engages in the exploration and evaluation of mineral properties primarily in Canada, Cote d'Ivoire, and the Kingdom of Morocco. The company primarily explores for gold deposits. The Zuénoula Gold exploration permit, which covers a total of 395.8 square kilometers, is in the margin between granitoids and the Birimian greenstone belt along a … Read more