Spackman Equit (SQG) - Net Assets
Based on the latest financial reports, Spackman Equit (SQG) has net assets worth CA$8.94 Million CAD (≈ $6.46 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$14.90 Million ≈ $10.77 Million USD) and total liabilities (CA$5.96 Million ≈ $4.31 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 Spackman Equit strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$8.94 Million |
| % of Total Assets | 60.0% |
| Annual Growth Rate | -2.69% |
| 5-Year Change | N/A |
| 10-Year Change | -66.0% |
| Growth Volatility | 90.7 |
Spackman Equit - Net Assets Trend (2013–2025)
This chart illustrates how Spackman Equit's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Spackman Equit (SQG) total market value.
Annual Net Assets for Spackman Equit (2013–2025)
The table below shows the annual net assets of Spackman Equit from 2013 to 2025. Also explore Spackman Equit (SQG) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$8.97 Million ≈ $6.49 Million |
+16.03% |
| 2024-12-31 | CA$7.73 Million ≈ $5.59 Million |
+67.72% |
| 2023-12-31 | CA$4.61 Million ≈ $3.33 Million |
+741.41% |
| 2022-12-31 | CA$-718.22K ≈ $-519.55K |
-187.06% |
| 2021-12-31 | CA$-250.20K ≈ $-180.99K |
-204.18% |
| 2020-12-31 | CA$240.16K ≈ $173.72K |
-88.48% |
| 2019-12-31 | CA$2.08 Million ≈ $1.51 Million |
-41.53% |
| 2018-12-31 | CA$3.56 Million ≈ $2.58 Million |
-75.32% |
| 2017-12-31 | CA$14.44 Million ≈ $10.45 Million |
-45.23% |
| 2016-12-31 | CA$26.37 Million ≈ $19.08 Million |
+20.42% |
| 2015-12-31 | CA$21.90 Million ≈ $15.84 Million |
-29.58% |
| 2014-12-31 | CA$31.10 Million ≈ $22.49 Million |
+149.91% |
| 2013-12-31 | CA$12.44 Million ≈ $9.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Spackman Equit'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 257.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$9.66 Million | 107.77% |
| Total Equity | CA$8.97 Million | 100.00% |
Spackman Equit Competitors by Market Cap
The table below lists competitors of Spackman Equit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bravada Gold Corporation
V:BVA
|
$24.44 Million |
|
NOMADAR Corp. Class A Common Stock
NASDAQ:NOMA
|
$24.45 Million |
|
Carnegie Clean Energy Ltd
AU:CCE
|
$24.46 Million |
|
Cosol Ltd
AU:COS
|
$24.47 Million |
|
PermRock Royalty Trust
NYSE:PRT
|
$24.42 Million |
|
Kabelindo Murni Tbk
JK:KBLM
|
$24.41 Million |
|
ARENA.PL S.A. ZY -50
F:8G6
|
$24.41 Million |
|
WOOJUNG BIO Inc
KQ:215380
|
$24.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spackman Equit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,726,690 to 8,965,038, a change of 1,238,348 (16.0%).
- Net loss of 568,389 reduced equity.
- Other factors increased equity by 1,806,737.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-568.39K | -6.34% |
| Other Changes | CA$1.81 Million | +20.15% |
| Total Change | CA$- | 16.03% |
Book Value vs Market Value Analysis
This analysis compares Spackman Equit'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: 3.27x
- 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 1.19x to 3.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.10 | CA$0.12 | x |
| 2018-12-31 | CA$0.02 | CA$0.12 | x |
| 2019-12-31 | CA$0.01 | CA$0.12 | x |
| 2020-12-31 | CA$0.00 | CA$0.12 | x |
| 2021-12-31 | CA$-0.08 | CA$0.12 | x |
| 2022-12-31 | CA$-0.05 | CA$0.12 | x |
| 2023-12-31 | CA$1.55 | CA$0.12 | x |
| 2024-12-31 | CA$0.03 | CA$0.12 | x |
| 2025-12-31 | CA$0.04 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spackman Equit 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): -6.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.29%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.58x
- Recent ROE (-6.34%) is above the historical average (-93.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 10.57% | 60.37% | 0.17x | 1.00x | CA$70.67K |
| 2014 | 56.26% | 75.66% | 0.69x | 1.08x | CA$14.38 Million |
| 2015 | -42.01% | 0.00% | -0.40x | 1.04x | CA$-11.39 Million |
| 2016 | 16.96% | 79.22% | 0.20x | 1.05x | CA$1.83 Million |
| 2017 | -82.59% | 0.00% | -0.89x | 1.04x | CA$-13.37 Million |
| 2018 | -305.21% | 0.00% | -2.38x | 1.18x | CA$-11.23 Million |
| 2019 | -71.03% | 0.00% | -0.44x | 1.32x | CA$-1.69 Million |
| 2020 | -767.75% | 0.00% | -1.45x | 4.66x | CA$-1.87 Million |
| 2021 | 0.00% | -138.50% | 0.67x | 0.00x | CA$-534.14K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-247.56K |
| 2023 | 14.85% | 4.84% | 1.38x | 2.23x | CA$223.46K |
| 2024 | -35.88% | -49.09% | 0.52x | 1.40x | CA$-3.55 Million |
| 2025 | -6.34% | -7.29% | 0.55x | 1.58x | CA$-1.46 Million |
Industry Comparison
This section compares Spackman Equit's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,401,028,513
- Average return on equity (ROE) among peers: -3.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spackman Equit (SQG) | CA$8.94 Million | 10.57% | 0.67x | $24.44 Million |
| Aberdeen International Inc. (AAB) | $65.45 Million | -46.80% | 0.16x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $43.86 Million | -35.28% | 0.01x | $40.85 Million |
| Canadian Banc Corp (BK) | $126.05 Million | 17.14% | 0.90x | $571.47 Million |
| Brookfield Corporation (BN) | $5.78 Billion | 11.23% | 8.27x | $85.27 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $3.24 Billion | -22.98% | 0.00x | $8.39 Billion |
| Canadian General Investments Ltd (CGI) | $454.78 Million | 9.92% | 0.33x | $769.62 Million |
| CI Financial Corp (CIX) | $1.75 Billion | 28.78% | 0.98x | $3.32 Billion |
| Culico Metals Inc. (CLCO) | $9.66 Million | -14.52% | 0.10x | $25.70 Million |
| Clairvest Group Inc. (CVG) | $1.18 Billion | 28.01% | 0.15x | $774.48 Million |
| Cymbria Corporation (CYB) | $1.36 Billion | -5.91% | 0.05x | $1.10 Billion |
About Spackman Equit
Spackman Equities Group Inc. develops, produces, and invests in entertainment content projects in South Korea and Hong Kong. The company manages events, advertisements, TV dramas, movies, and other entertainment content projects. It is also involved in the provision of talent management agency services. The company is based in Toronto, Canada. Spackman Equities Group Inc. opeates as a subsidiary … Read more