Strategic Resources Inc (SR) - Net Assets
Based on the latest financial reports, Strategic Resources Inc (SR) has net assets worth CA$141.09 Million CAD (≈ $102.06 Million USD) as of March 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$179.53 Million ≈ $129.87 Million USD) and total liabilities (CA$38.45 Million ≈ $27.81 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 how strategically is Strategic Resources Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$141.09 Million |
| % of Total Assets | 78.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | 46114.73% |
| 10-Year Change | N/A |
| Growth Volatility | 23259.11 |
Strategic Resources Inc - Net Assets Trend (2015–2022)
This chart illustrates how Strategic Resources Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Strategic Resources Inc (SR) market capitalisation.
Annual Net Assets for Strategic Resources Inc (2015–2022)
The table below shows the annual net assets of Strategic Resources Inc from 2015 to 2022. Also explore Strategic Resources Inc equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$4.08 Million ≈ $2.95 Million |
-14.37% |
| 2021-12-31 | CA$4.77 Million ≈ $3.45 Million |
-13.68% |
| 2020-12-31 | CA$5.52 Million ≈ $4.00 Million |
+0.08% |
| 2019-12-31 | CA$5.52 Million ≈ $3.99 Million |
+62372.39% |
| 2018-12-31 | CA$8.84K ≈ $6.39K |
-87.19% |
| 2017-12-31 | CA$68.97K ≈ $49.89K |
-76.23% |
| 2016-12-31 | CA$290.15K ≈ $209.89K |
+297.72% |
| 2015-12-31 | CA$-146.75K ≈ $-106.15K |
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Equity Component Analysis
This analysis shows how different components contribute to Strategic Resources 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 8986939300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$231.53 Million | 5669.28% |
| Total Equity | CA$4.08 Million | 100.00% |
Strategic Resources Inc Competitors by Market Cap
The table below lists competitors of Strategic Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invert Graphite Limited
AU:IVG
|
$10.68 Million |
|
WALKER RIVER RES CORP
F:1WV0
|
$10.69 Million |
|
Telcon Inc
KQ:200230
|
$10.69 Million |
|
Ancom Logistics Bhd
KLSE:0048
|
$10.69 Million |
|
MetaVia Inc.
NASDAQ:MTVA
|
$10.67 Million |
|
Ceres Power Holdings PLC
LSE:CWR
|
$10.67 Million |
|
SL Private Equity
LSE:SLPE
|
$10.66 Million |
|
Willamette Valley Vineyards Inc
NASDAQ:WVVI
|
$10.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strategic Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 4,769,331 to 4,083,996, a change of -685,335 (-14.4%).
- Net loss of 1,221,345 reduced equity.
- Other factors increased equity by 536,010.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.22 Million | -29.91% |
| Other Changes | CA$536.01K | +13.12% |
| Total Change | CA$- | -14.37% |
Book Value vs Market Value Analysis
This analysis compares Strategic Resources 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: 2.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 33.25x to 2.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.01 | CA$0.25 | x |
| 2018-12-31 | CA$0.00 | CA$0.25 | x |
| 2019-12-31 | CA$0.18 | CA$0.25 | x |
| 2020-12-31 | CA$0.14 | CA$0.25 | x |
| 2021-12-31 | CA$0.11 | CA$0.25 | x |
| 2022-12-31 | CA$0.09 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strategic Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-29.91%) is above the historical average (-151.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-156.52K |
| 2016 | -52.74% | 0.00% | 0.00x | 1.16x | CA$-182.04K |
| 2017 | -320.70% | 0.00% | 0.00x | 1.25x | CA$-228.08K |
| 2018 | -680.47% | 0.00% | 0.00x | 4.16x | CA$-61.02K |
| 2019 | -34.82% | 0.00% | 0.00x | 1.01x | CA$-2.47 Million |
| 2020 | -60.97% | 0.00% | 0.00x | 1.00x | CA$-3.92 Million |
| 2021 | -32.23% | 0.00% | 0.00x | 1.01x | CA$-2.01 Million |
| 2022 | -29.91% | 0.00% | 0.00x | 1.06x | CA$-1.63 Million |
Industry Comparison
This section compares Strategic Resources Inc'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: $45,174,462
- Average return on equity (ROE) among peers: -11.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strategic Resources Inc (SR) | CA$141.09 Million | 0.00% | 0.27x | $10.67 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $168.05 Million |
| Aton Resources Inc (AAN) | $-5.02 Million | 0.00% | 0.00x | $48.87 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $5.80 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $3.27 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 | $1.32 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $-628.42K | 0.00% | 0.00x | $158.28 Million |
| Almonty Industries Inc (AII) | $48.51 Million | -18.22% | 3.85x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $167.02 Million | -0.80% | 0.03x | $397.54 Million |
About Strategic Resources Inc
Strategic Resources Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of iron, vanadium, titanium, and other metal properties in Canada and Finland. Its flagship property is the BlackRock project, a vanadium-titanium-iron project located in Québec, Canada. The company is headquartered in Montreal, Canada.