Sparton Resources Inc (SRI) - Net Assets
Based on the latest financial reports, Sparton Resources Inc (SRI) has net assets worth CA$1.39 Million CAD (≈ $1.01 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.95 Million ≈ $1.41 Million USD) and total liabilities (CA$560.10K ≈ $405.17K 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 SRI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.39 Million |
| % of Total Assets | 71.32% |
| Annual Growth Rate | 1.6% |
| 5-Year Change | 1.68% |
| 10-Year Change | N/A |
| Growth Volatility | 67.08 |
Sparton Resources Inc - Net Assets Trend (2001–2025)
This chart illustrates how Sparton Resources Inc's net assets have evolved over time, based on quarterly financial data. See Sparton Resources Inc (SRI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sparton Resources Inc (2001–2025)
The table below shows the annual net assets of Sparton Resources Inc from 2001 to 2025. For live valuation and market cap data, see SRI stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.39 Million ≈ $1.01 Million |
+3.22% |
| 2024-12-31 | CA$1.35 Million ≈ $976.31K |
-19.20% |
| 2023-12-31 | CA$1.67 Million ≈ $1.21 Million |
+25.75% |
| 2022-12-31 | CA$1.33 Million ≈ $960.88K |
-3.05% |
| 2021-12-31 | CA$1.37 Million ≈ $991.13K |
+39.05% |
| 2020-12-31 | CA$985.39K ≈ $712.81K |
-1.48% |
| 2019-12-31 | CA$1.00 Million ≈ $723.49K |
-6.70% |
| 2018-12-31 | CA$1.07 Million ≈ $775.46K |
-20.19% |
| 2017-12-31 | CA$1.34 Million ≈ $971.57K |
+374.83% |
| 2016-12-31 | CA$-488.70K ≈ $-353.52K |
+63.43% |
| 2015-12-31 | CA$-1.34 Million ≈ $-966.77K |
-108.67% |
| 2014-12-31 | CA$-640.48K ≈ $-463.31K |
-10.97% |
| 2013-12-31 | CA$-577.16K ≈ $-417.51K |
-124.12% |
| 2012-12-31 | CA$2.39 Million ≈ $1.73 Million |
-49.96% |
| 2011-12-31 | CA$4.78 Million ≈ $3.46 Million |
-22.34% |
| 2010-12-31 | CA$6.16 Million ≈ $4.45 Million |
-20.40% |
| 2009-12-31 | CA$7.74 Million ≈ $5.60 Million |
-11.80% |
| 2008-12-31 | CA$8.77 Million ≈ $6.35 Million |
-0.27% |
| 2007-12-31 | CA$8.80 Million ≈ $6.36 Million |
+13.27% |
| 2006-12-31 | CA$7.77 Million ≈ $5.62 Million |
+23.46% |
| 2005-12-31 | CA$6.29 Million ≈ $4.55 Million |
+6.22% |
| 2004-12-31 | CA$5.92 Million ≈ $4.28 Million |
+2.26% |
| 2003-12-31 | CA$5.79 Million ≈ $4.19 Million |
+251.35% |
| 2002-12-31 | CA$1.65 Million ≈ $1.19 Million |
+72.98% |
| 2001-12-31 | CA$952.77K ≈ $689.22K |
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Equity Component Analysis
This analysis shows how different components contribute to Sparton 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 1847730400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$21.94 Million | 2100.58% |
| Total Equity | CA$1.04 Million | 100.00% |
Sparton Resources Inc Competitors by Market Cap
The table below lists competitors of Sparton Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CBI Co. Ltd
KQ:013720
|
$2.63 Million |
|
LSL Property Services Plc
LSE:LSL
|
$2.63 Million |
|
Enorama Pharma AB
ST:ERMA
|
$2.63 Million |
|
Andrews Sykes Group plc
LSE:ASY
|
$2.64 Million |
|
ESGL Holdings Limited Ordinary Shares
NASDAQ:ESGL
|
$2.63 Million |
|
METCH INTL LTD. SD -25
F:VZ3P
|
$2.63 Million |
|
Quebec Precious Metals Corporation
V:QPM
|
$2.62 Million |
|
Vendetta Mining Corp
V:VTT
|
$2.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparton Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 992,746 to 1,044,639, a change of 51,893 (5.2%).
- Net loss of 369,077 reduced equity.
- New share issuances of 410,000 increased equity.
- Other factors increased equity by 10,970.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-369.08K | -35.33% |
| Share Issuances | CA$410.00K | +39.25% |
| Other Changes | CA$10.97K | +1.05% |
| Total Change | CA$- | 5.23% |
Book Value vs Market Value Analysis
This analysis compares Sparton 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: 3.48x
- 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 0.41x to 3.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$0.05 | CA$0.02 | x |
| 2002-12-31 | CA$0.06 | CA$0.02 | x |
| 2003-12-31 | CA$0.20 | CA$0.02 | x |
| 2004-12-31 | CA$0.15 | CA$0.02 | x |
| 2005-12-31 | CA$0.15 | CA$0.02 | x |
| 2006-12-31 | CA$0.14 | CA$0.02 | x |
| 2007-12-31 | CA$0.16 | CA$0.02 | x |
| 2008-12-31 | CA$0.13 | CA$0.02 | x |
| 2009-12-31 | CA$0.11 | CA$0.02 | x |
| 2010-12-31 | CA$0.07 | CA$0.02 | x |
| 2011-12-31 | CA$0.05 | CA$0.02 | x |
| 2012-12-31 | CA$0.02 | CA$0.02 | x |
| 2013-12-31 | CA$0.00 | CA$0.02 | x |
| 2014-12-31 | CA$-0.01 | CA$0.02 | x |
| 2015-12-31 | CA$-0.01 | CA$0.02 | x |
| 2016-12-31 | CA$-0.01 | CA$0.02 | x |
| 2017-12-31 | CA$0.01 | CA$0.02 | x |
| 2018-12-31 | CA$0.01 | CA$0.02 | x |
| 2019-12-31 | CA$0.01 | CA$0.02 | x |
| 2020-12-31 | CA$0.00 | CA$0.02 | x |
| 2021-12-31 | CA$0.01 | CA$0.02 | x |
| 2022-12-31 | CA$0.01 | CA$0.02 | x |
| 2023-12-31 | CA$0.01 | CA$0.02 | x |
| 2024-12-31 | CA$0.01 | CA$0.02 | x |
| 2025-12-31 | CA$0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparton Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -35.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.87x
- Recent ROE (-35.33%) is below the historical average (-32.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -18.46% | 0.00% | 0.00x | 1.02x | CA$-271.18K |
| 2002 | -7.52% | 0.00% | 0.00x | 1.10x | CA$-288.71K |
| 2003 | -8.15% | 0.00% | 0.00x | 1.01x | CA$-1.05 Million |
| 2004 | -17.89% | 0.00% | 0.00x | 1.01x | CA$-1.65 Million |
| 2005 | -18.54% | 0.00% | 0.00x | 1.12x | CA$-1.80 Million |
| 2006 | 0.64% | 0.00% | 0.00x | 1.11x | CA$-665.09K |
| 2007 | -3.45% | 0.00% | 0.00x | 1.02x | CA$-1.18 Million |
| 2008 | -14.94% | 0.00% | 0.00x | 1.37x | CA$-2.12 Million |
| 2009 | -50.12% | 0.00% | 0.00x | 1.53x | CA$-4.55 Million |
| 2010 | -44.20% | -2733.05% | 0.01x | 1.74x | CA$-3.27 Million |
| 2011 | -46.63% | -165.08% | 0.14x | 2.05x | CA$-2.64 Million |
| 2012 | -142.28% | -125.91% | 0.52x | 2.16x | CA$-3.93 Million |
| 2013 | 0.00% | -3256.82% | 0.42x | 0.00x | CA$-2.97 Million |
| 2014 | 0.00% | -34.21% | 0.36x | 0.00x | CA$2.38K |
| 2015 | 0.00% | -737.07% | 0.91x | 0.00x | CA$-552.24K |
| 2016 | 0.00% | 128.78% | 0.15x | 0.00x | CA$758.62K |
| 2017 | -9.42% | -86.82% | 0.06x | 1.78x | CA$-189.84K |
| 2018 | -83.00% | -796.60% | 0.05x | 2.19x | CA$-669.84K |
| 2019 | -32.18% | -448.06% | 0.03x | 2.40x | CA$-273.49K |
| 2020 | -102.01% | -2998.41% | 0.01x | 2.52x | CA$-717.00K |
| 2021 | -35.15% | -76.52% | 0.24x | 1.88x | CA$-462.75K |
| 2022 | -36.14% | -30.95% | 0.59x | 1.99x | CA$-451.16K |
| 2023 | -25.02% | -34.68% | 0.43x | 1.69x | CA$-463.12K |
| 2024 | -71.20% | 0.00% | 0.00x | 1.93x | CA$-806.13K |
| 2025 | -35.33% | 0.00% | 0.00x | 1.87x | CA$-473.54K |
Industry Comparison
This section compares Sparton 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: $2,278,129
- Average return on equity (ROE) among peers: -49.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sparton Resources Inc (SRI) | CA$1.39 Million | -18.46% | 0.40x | $2.63 Million |
| Aftermath Silver Ltd (AAG) | $-1.02 Million | 0.00% | 0.00x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $42.41 Million |
| Arbor Metals Corp (ABR) | $153.43K | -30.35% | 0.39x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $-251.39K | 0.00% | 0.00x | $3.63 Million |
| Adex Mining Inc (ADE) | $-81.43K | 0.00% | 0.00x | $66.13 Million |
| Alphamin Res (AFM) | $159.81K | -280.73% | 0.49x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $138.33 Million |
| Amarc Resources Ltd. (AHR) | $7.22 Million | -119.49% | 0.12x | $159.74 Million |
| Almonty Industries Inc (AII) | $21.18 Million | 0.00% | 0.48x | $5.33 Billion |
| Aldebaran Resources Inc (ALDE) | $-13.79 Million | 0.00% | 0.00x | $425.46 Million |
About Sparton Resources Inc
Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of exploration properties in Canada. It explores for gold and base metal related properties. The company also engages in the development of the vanadium redox flow battery. Sparton Resources Inc. was incorporated in 1982 and is headquartered in Toronto, Canada.