Salazar Resources Limited (SRL) - Net Assets
Based on the latest financial reports, Salazar Resources Limited (SRL) has net assets worth CA$21.86 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$22.43 Million) and total liabilities (CA$571.12K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$21.86 Million |
| % of Total Assets | 97.45% |
| Annual Growth Rate | 4.96% |
| 5-Year Change | -7.22% |
| 10-Year Change | 36.55% |
| Growth Volatility | 30.14 |
Salazar Resources Limited - Net Assets Trend (1996–2024)
This chart illustrates how Salazar Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Salazar Resources Limited (1996–2024)
The table below shows the annual net assets of Salazar Resources Limited from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$22.11 Million | -5.39% |
| 2023-12-31 | CA$23.37 Million | -18.43% |
| 2022-12-31 | CA$28.66 Million | -0.42% |
| 2021-12-31 | CA$28.78 Million | +20.74% |
| 2020-12-31 | CA$23.83 Million | -6.56% |
| 2019-12-31 | CA$25.51 Million | +17.58% |
| 2018-12-31 | CA$21.69 Million | +25.65% |
| 2017-12-31 | CA$17.26 Million | -8.27% |
| 2016-12-31 | CA$18.82 Million | +16.22% |
| 2015-12-31 | CA$16.19 Million | -14.37% |
| 2014-12-31 | CA$18.91 Million | +1.91% |
| 2013-12-31 | CA$18.56 Million | +4.41% |
| 2012-12-31 | CA$17.78 Million | +5.33% |
| 2011-12-31 | CA$16.88 Million | -11.56% |
| 2010-12-31 | CA$19.08 Million | +43.16% |
| 2009-12-31 | CA$13.33 Million | +6.54% |
| 2008-12-31 | CA$12.51 Million | -16.73% |
| 2007-12-31 | CA$15.02 Million | +116296.93% |
| 2006-12-31 | CA$-12.93K | +96.24% |
| 2005-12-31 | CA$-343.70K | -28.52% |
| 2004-12-31 | CA$-267.43K | -15.35% |
| 2003-12-31 | CA$-231.84K | -38.19% |
| 2002-12-31 | CA$-167.77K | -101.94% |
| 2001-12-31 | CA$8.63 Million | +12.29% |
| 2000-12-31 | CA$7.69 Million | +39.80% |
| 1999-12-31 | CA$5.50 Million | +41.03% |
| 1998-12-31 | CA$3.90 Million | +21.88% |
| 1997-12-31 | CA$3.20 Million | -43.86% |
| 1996-12-31 | CA$5.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Salazar Resources Limited'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 3312145700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$60.14 Million | 271.93% |
| Total Equity | CA$22.11 Million | 100.00% |
Salazar Resources Limited Competitors by Market Cap
The table below lists competitors of Salazar Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norse Atlantic ASA
OL:NORSE
|
$34.22 Million |
|
OpenSys M Bhd
KLSE:0040
|
$34.22 Million |
|
Sol Strategies Inc. Common Shares
NASDAQ:STKE
|
$34.23 Million |
|
HE Group Berhad
KLSE:0296
|
$34.25 Million |
|
Rotork PLC
LSE:ROR
|
$34.20 Million |
|
Level Biotechnology
TWO:3118
|
$34.20 Million |
|
Samhwa Crown
KO:004450
|
$34.18 Million |
|
Dedicare AB (publ)
ST:DEDI
|
$34.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Salazar Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,373,140 to 22,113,878, a change of -1,259,262 (-5.4%).
- Net loss of 4,636,554 reduced equity.
- New share issuances of 2,199,874 increased equity.
- Other comprehensive income decreased equity by 6,859,933.
- Other factors increased equity by 8,037,351.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.64 Million | -20.97% |
| Share Issuances | CA$2.20 Million | +9.95% |
| Other Comprehensive Income | CA$-6.86 Million | -31.02% |
| Other Changes | CA$8.04 Million | +36.35% |
| Total Change | CA$- | -5.39% |
Book Value vs Market Value Analysis
This analysis compares Salazar Resources Limited'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: 1.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.02x to 1.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$11.11 | CA$0.19 | x |
| 1997-12-31 | CA$6.14 | CA$0.19 | x |
| 1998-12-31 | CA$7.80 | CA$0.19 | x |
| 1999-12-31 | CA$8.88 | CA$0.19 | x |
| 2000-12-31 | CA$10.45 | CA$0.19 | x |
| 2001-12-31 | CA$9.88 | CA$0.19 | x |
| 2002-12-31 | CA$-0.19 | CA$0.19 | x |
| 2003-12-31 | CA$-0.26 | CA$0.19 | x |
| 2004-12-31 | CA$-0.30 | CA$0.19 | x |
| 2005-12-31 | CA$-0.33 | CA$0.19 | x |
| 2006-12-31 | CA$-0.01 | CA$0.19 | x |
| 2007-12-31 | CA$0.69 | CA$0.19 | x |
| 2008-12-31 | CA$0.43 | CA$0.19 | x |
| 2009-12-31 | CA$0.46 | CA$0.19 | x |
| 2010-12-31 | CA$0.55 | CA$0.19 | x |
| 2011-12-31 | CA$0.42 | CA$0.19 | x |
| 2012-12-31 | CA$0.39 | CA$0.19 | x |
| 2013-12-31 | CA$0.36 | CA$0.19 | x |
| 2014-12-31 | CA$0.32 | CA$0.19 | x |
| 2015-12-31 | CA$0.26 | CA$0.19 | x |
| 2016-12-31 | CA$0.20 | CA$0.19 | x |
| 2017-12-31 | CA$0.15 | CA$0.19 | x |
| 2018-12-31 | CA$0.18 | CA$0.19 | x |
| 2019-12-31 | CA$0.20 | CA$0.19 | x |
| 2020-12-31 | CA$0.19 | CA$0.19 | x |
| 2021-12-31 | CA$0.20 | CA$0.19 | x |
| 2022-12-31 | CA$0.18 | CA$0.19 | x |
| 2023-12-31 | CA$0.13 | CA$0.19 | x |
| 2024-12-31 | CA$0.10 | CA$0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Salazar Resources Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-20.97%) is below the historical average (-11.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 1.75% | 100.00% | 0.02x | 1.07x | CA$-470.00K |
| 1997 | -78.13% | -2500.00% | 0.03x | 1.06x | CA$-2.82 Million |
| 1998 | -7.69% | -300.00% | 0.03x | 1.03x | CA$-690.00K |
| 1999 | -23.64% | -1300.00% | 0.02x | 1.02x | CA$-1.85 Million |
| 2000 | -14.34% | -551.49% | 0.03x | 1.02x | CA$-1.87 Million |
| 2001 | -3.40% | -41.45% | 0.06x | 1.32x | CA$-1.16 Million |
| 2002 | 0.00% | -10868.89% | 1.02x | 0.00x | CA$-8.80 Million |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-40.88K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-65.17K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-98.13K |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-191.04K |
| 2007 | -23.34% | 0.00% | 0.00x | 1.03x | CA$-5.01 Million |
| 2008 | -24.09% | 0.00% | 0.00x | 1.01x | CA$-4.26 Million |
| 2009 | -18.98% | 0.00% | 0.00x | 1.02x | CA$-3.86 Million |
| 2010 | -18.43% | 0.00% | 0.00x | 1.01x | CA$-5.42 Million |
| 2011 | -14.57% | 0.00% | 0.00x | 1.02x | CA$-4.15 Million |
| 2012 | -11.81% | 0.00% | 0.00x | 1.02x | CA$-3.88 Million |
| 2013 | -8.95% | 0.00% | 0.00x | 1.04x | CA$-3.52 Million |
| 2014 | -6.49% | 0.00% | 0.00x | 1.07x | CA$-3.12 Million |
| 2015 | -17.36% | 0.00% | 0.00x | 1.18x | CA$-4.43 Million |
| 2016 | -6.23% | 0.00% | 0.00x | 1.01x | CA$-3.05 Million |
| 2017 | -9.01% | 0.00% | 0.00x | 1.06x | CA$-3.28 Million |
| 2018 | 6.03% | 0.00% | 0.00x | 1.08x | CA$-862.13K |
| 2019 | -5.18% | 0.00% | 0.00x | 1.03x | CA$-3.87 Million |
| 2020 | -4.19% | 0.00% | 0.00x | 1.09x | CA$-3.38 Million |
| 2021 | 9.48% | 0.00% | 0.00x | 1.01x | CA$-150.00K |
| 2022 | -13.63% | 0.00% | 0.00x | 1.02x | CA$-6.77 Million |
| 2023 | -24.28% | 0.00% | 0.00x | 1.02x | CA$-8.01 Million |
| 2024 | -20.97% | 0.00% | 0.00x | 1.01x | CA$-6.85 Million |
Industry Comparison
This section compares Salazar Resources Limited'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: $38,091,021
- Average return on equity (ROE) among peers: -44.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Salazar Resources Limited (SRL) | CA$21.86 Million | 1.75% | 0.03x | $34.20 Million |
| Aftermath Silver Ltd (AAG) | $5.83 Million | -52.14% | 0.17x | $215.07 Million |
| Aton Resources Inc (AAN) | $-970.51K | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-24.43 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $700.32K | -22.12% | 0.03x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $557.59K | -47.89% | 0.13x | $5.75 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $27.09 Million |
| AE Fuels Corporation (AEF) | $94.17K | -158.20% | 2.20x | $4.95 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $1.27 Billion |
| African Metals Corporation (AFR) | $401.19K | -134.87% | 0.17x | $1.00 Million |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
About Salazar Resources Limited
Salazar Resources Limited, a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. The company primarily explores for copper, zinc, lead, gold, and silver, as well as volcanogenic massive sulfide deposits in Ecuador. The company is based in Vancouver, Canada.