Stelmine Canada Ltd (STH) - Net Assets

Latest as of April 2024: CA$9.05 Million CAD ≈ $6.55 Million USD

Based on the latest financial reports, Stelmine Canada Ltd (STH) has net assets worth CA$9.05 Million CAD (≈ $6.55 Million USD) 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 ≈ $6.99 Million USD) and total liabilities (CA$616.27K ≈ $445.80K 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 Stelmine Canada Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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. See STH days of operational coverage to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see Stelmine Canada Ltd (STH) market capitalisation.

Year	Net Assets	Change
2023-07-31	CA$9.07 Million ≈ $6.56 Million	+4.04%
2022-07-31	CA$8.71 Million ≈ $6.30 Million	+111.32%
2021-07-31	CA$4.12 Million ≈ $2.98 Million	+52.01%
2020-07-31	CA$2.71 Million ≈ $1.96 Million	+33.96%
2019-07-31	CA$2.02 Million ≈ $1.46 Million	-14.00%
2018-07-31	CA$2.35 Million ≈ $1.70 Million	+91.75%
2017-07-31	CA$1.23 Million ≈ $888.17K	+2893.94%
2016-07-31	CA$-43.95K ≈ $-31.79K	+91.27%
2015-07-31	CA$-503.26K ≈ $-364.05K	+17.84%
2014-07-31	CA$-612.51K ≈ $-443.08K	-269.99%
2013-07-31	CA$360.33K ≈ $260.66K	-56.23%
2012-07-31	CA$823.19K ≈ $595.48K	-13.93%
2011-07-31	CA$956.43K ≈ $691.86K	-13.40%
2010-07-31	CA$1.10 Million ≈ $798.90K	-9.47%
2009-07-31	CA$1.22 Million ≈ $882.44K	+0.78%
2008-07-31	CA$1.21 Million ≈ $875.64K	+12451.82%
2007-07-31	CA$-9.80K ≈ $-7.09K	--

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
Metavisio (Thomson Computing) PA:ALTHO	$1.11 Million
MultiMetaVerse Holdings Limited NASDAQ:MMV	$1.11 Million
Octopus Aim Vct Plc LSE:OOA	$1.11 Million
Speedy Hire PLC LSE:SDY	$1.12 Million
Rover Metals Corp V:ROVR	$1.11 Million
Optiva Inc TO:OPT	$1.10 Million
Baring Emerging Europe Plc LSE:BEMO	$1.10 Million
Lithium One Metals Inc V:LONE	$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: $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
Stelmine Canada Ltd (STH)	CA$9.05 Million	0.00%	0.07x	$1.11 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 Stelmine Canada Ltd

V:STH Canada Other Industrial Metals & Mining

Market Cap

$1.11 Million

CA$1.53 Million CAD

Market Cap Rank

#30449 Global

#1573 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