Stelmine Canada Ltd (STH) - Net Assets

Latest as of April 2024: CA$9.05 Million CAD

Based on the latest financial reports, Stelmine Canada Ltd (STH) has net assets worth CA$9.05 Million CAD as of April 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.67 Million) and total liabilities (CA$616.27K). 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$9.05 Million
% of Total Assets 93.63%
Annual Growth Rate N/A
5-Year Change 347.73%
10-Year Change N/A
Growth Volatility 91.66

Stelmine Canada Ltd - Net Assets Trend (2007–2023)

This chart illustrates how Stelmine Canada Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Stelmine Canada Ltd (2007–2023)

The table below shows the annual net assets of Stelmine Canada Ltd from 2007 to 2023.

Year Net Assets Change
2023-07-31 CA$9.07 Million +4.04%
2022-07-31 CA$8.71 Million +111.32%
2021-07-31 CA$4.12 Million +52.01%
2020-07-31 CA$2.71 Million +33.96%
2019-07-31 CA$2.02 Million -14.00%
2018-07-31 CA$2.35 Million +91.75%
2017-07-31 CA$1.23 Million +2893.94%
2016-07-31 CA$-43.95K +91.27%
2015-07-31 CA$-503.26K +17.84%
2014-07-31 CA$-612.51K -269.99%
2013-07-31 CA$360.33K -56.23%
2012-07-31 CA$823.19K -13.93%
2011-07-31 CA$956.43K -13.40%
2010-07-31 CA$1.10 Million -9.47%
2009-07-31 CA$1.22 Million +0.78%
2008-07-31 CA$1.21 Million +12451.82%
2007-07-31 CA$-9.80K --

Equity Component Analysis

This analysis shows how different components contribute to Stelmine Canada Ltd'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 1071615800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (July 2023)

Component Amount Percentage
Common Stock CA$14.48 Million 159.71%
Other Comprehensive Income CA$1.88 Million 20.73%
Other Components CA$3.43 Million 37.88%
Total Equity CA$9.07 Million 100.00%

Stelmine Canada Ltd Competitors by Market Cap

The table below lists competitors of Stelmine Canada Ltd ranked by their market capitalization.

Company Market Cap
MultiMetaVerse Holdings Limited
NASDAQ:MMV
 		$1.11 Million
Virax Biolabs Group Limited Ordinary Shares
NASDAQ:VRAX
 		$1.11 Million
Boxlight Corp Class A
NASDAQ:BOXL
 		$1.11 Million
Baring Emerging Europe Plc
LSE:BEMO
 		$1.11 Million
Rover Metals Corp
V:ROVR
 		$1.11 Million
Bounty Oil & Gas NL
AU:BUY
 		$1.10 Million
Aberforth Geared Value &
LSE:AGVI
 		$1.10 Million
Optiva Inc
TO:OPT
 		$1.10 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Stelmine Canada Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 8,713,142 to 9,065,251, a change of 352,109 (4.0%).
  • Net loss of 797,023 reduced equity.
  • New share issuances of 1,365,254 increased equity.
  • Other comprehensive income increased equity by 129,097.
  • Other factors decreased equity by 345,219.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income CA$-797.02K -8.79%
Share Issuances CA$1.37 Million +15.06%
Other Comprehensive Income CA$129.10K +1.42%
Other Changes CA$-345.22K -3.81%
Total Change CA$- 4.04%

Book Value vs Market Value Analysis

This analysis compares Stelmine Canada Ltd'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: 0.15x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-07-31 CA$-0.02 CA$0.02 x
2008-07-31 CA$1.29 CA$0.02 x
2009-07-31 CA$1.11 CA$0.02 x
2010-07-31 CA$0.69 CA$0.02 x
2011-07-31 CA$0.48 CA$0.02 x
2012-07-31 CA$0.32 CA$0.02 x
2013-07-31 CA$0.12 CA$0.02 x
2014-07-31 CA$-0.18 CA$0.02 x
2015-07-31 CA$-0.13 CA$0.02 x
2016-07-31 CA$-0.01 CA$0.02 x
2017-07-31 CA$0.07 CA$0.02 x
2018-07-31 CA$0.10 CA$0.02 x
2019-07-31 CA$0.07 CA$0.02 x
2020-07-31 CA$0.08 CA$0.02 x
2021-07-31 CA$0.09 CA$0.02 x
2022-07-31 CA$0.11 CA$0.02 x
2023-07-31 CA$0.10 CA$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Stelmine Canada Ltd 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): -8.79%
  • 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: 1.09x
  • Recent ROE (-8.79%) is above the historical average (-35.93%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 0.00% 0.00% 0.00x 0.00x CA$-9.02K
2008 -32.58% -3924.95% 0.01x 1.24x CA$-515.43K
2009 -59.82% -8858.40% 0.01x 1.35x CA$-851.74K
2010 -71.24% 0.00% 0.00x 1.45x CA$-897.20K
2011 -71.32% 0.00% 0.00x 1.88x CA$-777.76K
2012 -86.96% 0.00% 0.00x 1.68x CA$-798.17K
2013 -154.02% 0.00% 0.00x 2.81x CA$-591.02K
2014 0.00% 0.00% 0.00x 0.00x CA$-911.59K
2015 0.00% 0.00% 0.00x 0.00x CA$-172.43K
2016 0.00% 0.00% 0.00x 0.00x CA$-109.54K
2017 -37.33% 0.00% 0.00x 1.14x CA$-581.15K
2018 -22.08% 0.00% 0.00x 1.11x CA$-755.36K
2019 -19.34% 0.00% 0.00x 1.05x CA$-594.15K
2020 -10.68% 0.00% 0.00x 1.05x CA$-560.82K
2021 -17.33% 0.00% 0.00x 1.08x CA$-1.13 Million
2022 -19.37% 0.00% 0.00x 1.14x CA$-2.56 Million
2023 -8.79% 0.00% 0.00x 1.09x CA$-1.70 Million

Industry Comparison

This section compares Stelmine Canada Ltd'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: $20,343,055
  • Average return on equity (ROE) among peers: -32.96%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Stelmine Canada Ltd (STH) CA$9.05 Million 0.00% 0.07x $1.11 Million
Aftermath Silver Ltd (AAG) $26.16 Million -23.42% 0.41x $215.07 Million
Aton Resources Inc (AAN) $-9.49 Million 0.00% 0.00x $52.55 Million
Asbestos Corporation Limited (AB-H) $-20.67 Million 0.00% 0.00x $1.85 Million
Arbor Metals Corp (ABR) $384.49K -219.08% 1.89x $10.15 Million
Asiabasemetals Inc (ABZ) $-91.78K 0.00% 0.00x $5.75 Million
Adex Mining Inc (ADE) $13.66 Million -11.99% 0.07x $27.09 Million
AE Fuels Corporation (AEF) $423.41K -11.49% 0.28x $4.95 Million
Alphamin Res (AFM) $174.59 Million 2.85% 0.82x $1.27 Billion
African Metals Corporation (AFR) $-227.17K 0.00% 0.00x $1.00 Million
Silver X Mining Corp (AGX) $18.71 Million -66.45% 1.77x $148.73 Million

About Stelmine Canada Ltd

V:STH Canada Other Industrial Metals & Mining
Market Cap
$1.11 Million
CA$1.53 Million CAD
Market Cap Rank
#34253 Global
#1753 in Canada
Share Price
CA$0.02
Change (1 day)
+0.00%
52-Week Range
CA$0.02 - CA$0.02
All Time High
CA$0.38
Categories
Companies in Canada Other Industrial Metals & Mining
About

Stelmine Canada Ltd. engages in the acquisition, exploration, production, development, and operation of mining properties in Canada. The company primarily explores for gold. It holds 100% interests in the Courcy project comprising 165 claims covering an area of 86 square kilometers located in Fermont, Quebec; Mercator project, which comprise 1095 claims that covers an area of 561 square kilometer… Read more