South Star Mining Corp (STS) - Net Assets
Based on the latest financial reports, South Star Mining Corp (STS) has net assets worth CA$5.99 Million CAD (≈ $4.34 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$21.13 Million ≈ $15.28 Million USD) and total liabilities (CA$15.13 Million ≈ $10.95 Million 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 STS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$5.99 Million |
| % of Total Assets | 28.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | -17.33% |
| 10-Year Change | N/A |
| Growth Volatility | 1341.26 |
South Star Mining Corp - Net Assets Trend (2001–2024)
This chart illustrates how South Star Mining Corp's net assets have evolved over time, based on quarterly financial data. Also explore South Star Mining Corp (STS) total assets for the complete picture of this company's asset base.
Annual Net Assets for South Star Mining Corp (2001–2024)
The table below shows the annual net assets of South Star Mining Corp from 2001 to 2024. For live valuation and market cap data, see market cap of South Star Mining Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.22 Million ≈ $3.05 Million |
-64.95% |
| 2023-12-31 | CA$12.04 Million ≈ $8.71 Million |
+8.33% |
| 2022-12-31 | CA$11.12 Million ≈ $8.04 Million |
+23.87% |
| 2021-12-31 | CA$8.97 Million ≈ $6.49 Million |
+75.78% |
| 2020-12-31 | CA$5.11 Million ≈ $3.69 Million |
-10.77% |
| 2019-12-31 | CA$5.72 Million ≈ $4.14 Million |
-20.30% |
| 2018-12-31 | CA$7.18 Million ≈ $5.19 Million |
+5533.04% |
| 2017-12-31 | CA$127.44K ≈ $92.19K |
+252.99% |
| 2016-12-31 | CA$-83.30K ≈ $-60.26K |
+40.99% |
| 2015-12-31 | CA$-141.15K ≈ $-102.11K |
+22.19% |
| 2014-12-31 | CA$-181.40K ≈ $-131.22K |
+62.99% |
| 2013-12-31 | CA$-490.12K ≈ $-354.54K |
-129.36% |
| 2012-12-31 | CA$-213.69K ≈ $-154.58K |
-159.34% |
| 2011-12-31 | CA$360.11K ≈ $260.50K |
-70.72% |
| 2010-12-31 | CA$1.23 Million ≈ $889.58K |
-70.64% |
| 2009-12-31 | CA$4.19 Million ≈ $3.03 Million |
+47.45% |
| 2008-12-31 | CA$2.84 Million ≈ $2.05 Million |
-41.44% |
| 2007-12-31 | CA$4.85 Million ≈ $3.51 Million |
+36.46% |
| 2006-12-31 | CA$3.55 Million ≈ $2.57 Million |
+42.83% |
| 2005-12-31 | CA$2.49 Million ≈ $1.80 Million |
+20.63% |
| 2004-12-31 | CA$2.06 Million ≈ $1.49 Million |
+199.02% |
| 2003-12-31 | CA$690.00K ≈ $499.14K |
+324.74% |
| 2002-12-31 | CA$-307.03K ≈ $-222.10K |
+21.39% |
| 2001-12-31 | CA$-390.57K ≈ $-282.53K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to South Star Mining Corp'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 2514725800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$36.45 Million | 863.58% |
| Total Equity | CA$4.22 Million | 100.00% |
South Star Mining Corp Competitors by Market Cap
The table below lists competitors of South Star Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Canaf Investments Inc
V:CAF
|
$10.98 Million |
|
Aston Bay Holdings Ltd
V:BAY
|
$10.98 Million |
|
Viet Brand Invest JSC
VN:ABR
|
$10.98 Million |
|
RE Royalties Ltd
V:RE
|
$10.98 Million |
|
Merchants Trust PLC
LSE:MRCH
|
$10.98 Million |
|
Citatah Tbk
JK:CTTH
|
$10.96 Million |
|
Obm Drilchem PT
JK:OBMD
|
$10.96 Million |
|
Wegmans Holdings Berhad
KLSE:0197
|
$10.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in South Star Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,042,042 to 4,220,328, a change of -7,821,714 (-65.0%).
- Net loss of 5,604,783 reduced equity.
- New share issuances of 7,138,469 increased equity.
- Other comprehensive income decreased equity by 6,525,677.
- Other factors decreased equity by 2,829,723.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.60 Million | -132.8% |
| Share Issuances | CA$7.14 Million | +169.14% |
| Other Comprehensive Income | CA$-6.53 Million | -154.62% |
| Other Changes | CA$-2.83 Million | -67.05% |
| Total Change | CA$- | -64.95% |
Book Value vs Market Value Analysis
This analysis compares South Star Mining Corp'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: 1.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$-13.90 | CA$0.14 | x |
| 2002-12-31 | CA$-8.53 | CA$0.14 | x |
| 2003-12-31 | CA$16.79 | CA$0.14 | x |
| 2004-12-31 | CA$29.73 | CA$0.14 | x |
| 2005-12-31 | CA$28.20 | CA$0.14 | x |
| 2006-12-31 | CA$35.29 | CA$0.14 | x |
| 2007-12-31 | CA$29.51 | CA$0.14 | x |
| 2008-12-31 | CA$17.27 | CA$0.14 | x |
| 2009-12-31 | CA$20.97 | CA$0.14 | x |
| 2010-12-31 | CA$4.72 | CA$0.14 | x |
| 2011-12-31 | CA$1.38 | CA$0.14 | x |
| 2012-12-31 | CA$-0.78 | CA$0.14 | x |
| 2013-12-31 | CA$-1.48 | CA$0.14 | x |
| 2014-12-31 | CA$-0.36 | CA$0.14 | x |
| 2015-12-31 | CA$-0.23 | CA$0.14 | x |
| 2016-12-31 | CA$-0.06 | CA$0.14 | x |
| 2017-12-31 | CA$0.05 | CA$0.14 | x |
| 2018-12-31 | CA$1.51 | CA$0.14 | x |
| 2019-12-31 | CA$0.68 | CA$0.14 | x |
| 2020-12-31 | CA$0.59 | CA$0.14 | x |
| 2021-12-31 | CA$0.59 | CA$0.14 | x |
| 2022-12-31 | CA$0.47 | CA$0.14 | x |
| 2023-12-31 | CA$0.33 | CA$0.14 | x |
| 2024-12-31 | CA$0.07 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently South Star Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -132.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.79x
- Recent ROE (-132.80%) is below the historical average (-57.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-276.45K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-295.95K |
| 2003 | -54.85% | 0.00% | 0.00x | 1.72x | CA$-447.50K |
| 2004 | -33.05% | 0.00% | 0.00x | 1.05x | CA$-888.16K |
| 2005 | -16.61% | 0.00% | 0.00x | 1.18x | CA$-662.35K |
| 2006 | -12.66% | 0.00% | 0.00x | 1.47x | CA$-805.61K |
| 2007 | -19.41% | 0.00% | 0.00x | 1.01x | CA$-1.43 Million |
| 2008 | -10.23% | 0.00% | 0.00x | 1.02x | CA$-574.81K |
| 2009 | -35.40% | 0.00% | 0.00x | 1.20x | CA$-1.73 Million |
| 2010 | -102.62% | 0.00% | 0.00x | 1.04x | CA$-1.38 Million |
| 2011 | -225.22% | 0.00% | 0.00x | 1.15x | CA$-847.05K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.01 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-502.29K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-57.10K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-95.76K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$6.18K |
| 2017 | -546.02% | 0.00% | 0.00x | 1.39x | CA$-708.62K |
| 2018 | -34.82% | 0.00% | 0.00x | 1.01x | CA$-3.22 Million |
| 2019 | -33.79% | 0.00% | 0.00x | 1.03x | CA$-2.51 Million |
| 2020 | -14.37% | 0.00% | 0.00x | 1.14x | CA$-1.24 Million |
| 2021 | -24.77% | 0.00% | 0.00x | 1.05x | CA$-3.12 Million |
| 2022 | -44.10% | 0.00% | 0.00x | 2.38x | CA$-6.01 Million |
| 2023 | -41.62% | 0.00% | 0.00x | 2.43x | CA$-6.22 Million |
| 2024 | -132.80% | 0.00% | 0.00x | 4.79x | CA$-6.03 Million |
Industry Comparison
This section compares South Star Mining Corp'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| South Star Mining Corp (STS) | CA$5.99 Million | 0.00% | 2.52x | $10.98 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About South Star Mining Corp
South Star Battery Metals Corp. engages in the acquisition and development of graphite projects in the Americas. Its flagship project includes the 100% owned Santa-Cruz Graphite Mine project located in Southern Bahia State, Brazil. The company was formerly known as South Star Mining Corp. and changed its name to South Star Battery Metals Corp. in May 2021. South Star Battery Metals Corp. was inco… Read more