Stinger Resources Inc (STNG) - Net Assets
Based on the latest financial reports, Stinger Resources Inc (STNG) has net assets worth CA$5.94 Million CAD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.94 Million) and total liabilities (CA$5.35K). 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$5.94 Million |
| % of Total Assets | 99.91% |
| Annual Growth Rate | 4908.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 496568452.13 |
Stinger Resources Inc - Net Assets Trend (2020–2024)
This chart illustrates how Stinger Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Stinger Resources Inc (2020–2024)
The table below shows the annual net assets of Stinger Resources Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$6.29 Million | -18.69% |
| 2023-12-31 | CA$7.74 Million | -13.06% |
| 2022-12-31 | CA$8.90 Million | -22.39% |
| 2021-12-31 | CA$11.47 Million | +1146775700.00% |
| 2020-12-31 | CA$1.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stinger 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 752456000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$13.82 Million | 219.59% |
| Total Equity | CA$6.29 Million | 100.00% |
Stinger Resources Inc Competitors by Market Cap
The table below lists competitors of Stinger Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
British Smaller Companies Vct 2 Plc
LSE:BSC
|
$2.16 Million |
|
Nilsson Special Vehicles publ AB
ST:NILS
|
$2.16 Million |
|
Indigo Exploration Inc.
V:IXI
|
$2.16 Million |
|
N. Leventeris S.A.
AT:LEBEK
|
$2.16 Million |
|
APXR11
SA:APXR11
|
$2.15 Million |
|
Pacific Mining Limited
AU:PFM
|
$2.15 Million |
|
Abundia Global Impact Group Inc.
F:8H6
|
$2.15 Million |
|
CLEARBRIDGE HEALTH LTD
F:5C6
|
$2.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stinger Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,738,397 to 6,292,128, a change of -1,446,269 (-18.7%).
- Net loss of 1,472,769 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.47 Million | -23.41% |
| Other Changes | CA$26.50K | +0.42% |
| Total Change | CA$- | -18.69% |
Book Value vs Market Value Analysis
This analysis compares Stinger 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: 0.47x
- 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.
- The price-to-book ratio has decreased from 2700023.34x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CA$0.00 | CA$0.06 | x |
| 2021-12-31 | CA$0.23 | CA$0.06 | x |
| 2022-12-31 | CA$0.18 | CA$0.06 | x |
| 2023-12-31 | CA$0.16 | CA$0.06 | x |
| 2024-12-31 | CA$0.13 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stinger Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (-23.41%) is above the historical average (-7084357.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -35421700.00% | 0.00% | 0.00x | 1.00x | CA$-354.22K |
| 2021 | -20.25% | 0.00% | 0.00x | 1.01x | CA$-3.47 Million |
| 2022 | -28.84% | 0.00% | 0.00x | 1.01x | CA$-3.46 Million |
| 2023 | -15.02% | 0.00% | 0.00x | 1.01x | CA$-1.94 Million |
| 2024 | -23.41% | 0.00% | 0.00x | 1.00x | CA$-2.10 Million |
Industry Comparison
This section compares Stinger Resources Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $10,543,671
- Average return on equity (ROE) among peers: -5062.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stinger Resources Inc (STNG) | CA$5.94 Million | -35421700.00% | 0.00x | $2.15 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.89 Billion |
| AC/DC Battery Metals Inc. (ACDC) | $1.79 Million | -31.70% | 0.02x | $1.88 Million |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $4.13 Million | -73.65% | 0.19x | $1.73 Million |
| Adamera Minerals Corp. (ADZ) | $591.38K | -199.89% | 1.34x | $4.95 Million |
| Alaska Energy Metals Corporation (AEMC) | $5.31 Million | -25.82% | 0.25x | $13.73 Million |
| Argonaut Exploration Inc. (AGA) | $13.79 Million | -73.47% | 0.21x | $96.32 Million |
| Clean Air Metals Inc (AIR) | $38.86 Million | -12.39% | 0.09x | $11.78 Million |
| American Creek Resources Ltd (AMK) | $16.37 Million | -9.41% | 0.06x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $24.16 Million | -1.79% | 0.01x | $3.47 Million |
About Stinger Resources Inc
Stinger Resources Inc. engages in the exploration and development of mineral properties in Canada. It explores for sulphide deposits with copper, gold, silver, lead, and zinc, as well as other precious metals. The company was incorporated in 2020 and is headquartered in Cardston, Canada.