Sarama Resource (SWA) - Net Assets

Latest as of September 2025: CA$-305.83K CAD ≈ $-221.24K USD

Based on the latest financial reports, Sarama Resource (SWA) has net assets worth CA$-305.83K CAD (≈ $-221.24K 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$1.32 Million ≈ $953.99K USD) and total liabilities (CA$1.62 Million ≈ $1.18 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 how resilient are Sarama Resource's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-305.83K
% of Total Assets	-23.19%
Annual Growth Rate	N/A
5-Year Change	-110.41%
10-Year Change	-101.0%
Growth Volatility	50.62

Sarama Resource - Net Assets Trend (2011–2024)

This chart illustrates how Sarama Resource's net assets have evolved over time, based on quarterly financial data. Also explore Sarama Resource asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Sarama Resource (2011–2024)

The table below shows the annual net assets of Sarama Resource from 2011 to 2024. For live valuation and market cap data, see SWA market cap.

Year	Net Assets	Change
2024-12-31	CA$-233.00K ≈ $-168.55K	-117.48%
2023-12-31	CA$1.33 Million ≈ $964.39K	-43.16%
2022-12-31	CA$2.35 Million ≈ $1.70 Million	+88.52%
2021-12-31	CA$1.24 Million ≈ $900.04K	-44.39%
2020-12-31	CA$2.24 Million ≈ $1.62 Million	-20.33%
2019-12-31	CA$2.81 Million ≈ $2.03 Million	+19.46%
2018-12-31	CA$2.35 Million ≈ $1.70 Million	+14.71%
2017-12-31	CA$2.05 Million ≈ $1.48 Million	-91.28%
2016-12-31	CA$23.49 Million ≈ $16.99 Million	+1.25%
2015-12-31	CA$23.20 Million ≈ $16.78 Million	-19.07%
2014-12-31	CA$28.67 Million ≈ $20.74 Million	-0.59%
2013-12-31	CA$28.84 Million ≈ $20.86 Million	+3.47%
2012-12-31	CA$27.87 Million ≈ $20.16 Million	+26.24%
2011-12-31	CA$22.08 Million ≈ $15.97 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sarama Resource'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 6509994300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$66.84 Million	%
Total Equity	CA$-233.00K	100.00%

Sarama Resource Competitors by Market Cap

The table below lists competitors of Sarama Resource ranked by their market capitalization.

Company	Market Cap
Inepar S.A. Indústria e Construções SA:INEP3	$13.40 Million
Turk Ilac ve Serum Sanayi AS IS:TRILC	$13.41 Million
Skycorp Solar Group Limited Ordinary Shares NASDAQ:PN	$13.42 Million
Jupiter Neurosciences, Inc. Common Stock NASDAQ:JUNS	$13.43 Million
VOGO SA PA:ALVGO	$13.39 Million
AroCell AB ST:AROC	$13.39 Million
Tellusgruppen AB ST:TELLUS	$13.38 Million
Future Retail Limited NSE:FRETAIL	$13.37 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,333,168 to -232,999, a change of -1,566,167 (-117.5%).
Net loss of 4,282,871 reduced equity.
New share issuances of 2,000,114 increased equity.
Other factors increased equity by 716,590.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-4.28 Million	-1838.15%
Share Issuances	CA$2.00 Million	+858.42%
Other Changes	CA$716.59K	+307.55%
Total Change	CA$-	-117.48%

Book Value vs Market Value Analysis

This analysis compares Sarama Resource'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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	CA$1.93	CA$0.04	x
2012-12-31	CA$1.54	CA$0.04	x
2013-12-31	CA$1.31	CA$0.04	x
2014-12-31	CA$1.11	CA$0.04	x
2015-12-31	CA$0.80	CA$0.04	x
2016-12-31	CA$0.68	CA$0.04	x
2017-12-31	CA$0.05	CA$0.04	x
2018-12-31	CA$0.04	CA$0.04	x
2019-12-31	CA$0.04	CA$0.04	x
2020-12-31	CA$0.03	CA$0.04	x
2021-12-31	CA$0.01	CA$0.04	x
2022-12-31	CA$0.02	CA$0.04	x
2023-12-31	CA$0.01	CA$0.04	x
2024-12-31	CA$0.00	CA$0.04	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sarama Resource 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): 0.00%
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: 0.00x
Recent ROE (0.00%) is above the historical average (-81.01%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-6.79%	-76.72%	0.08x	1.07x	CA$-3.71 Million
2012	-26.50%	0.00%	0.00x	1.16x	CA$-10.17 Million
2013	1.75%	0.00%	0.00x	1.01x	CA$-2.38 Million
2014	-7.31%	-11747.42%	0.00x	1.01x	CA$-4.96 Million
2015	-25.84%	0.00%	0.00x	1.03x	CA$-8.32 Million
2016	-10.61%	0.00%	0.00x	1.08x	CA$-4.84 Million
2017	-87.15%	0.00%	0.00x	1.21x	CA$-1.99 Million
2018	-123.40%	0.00%	0.00x	1.12x	CA$-3.14 Million
2019	-158.39%	0.00%	0.00x	1.52x	CA$-4.73 Million
2020	-115.20%	0.00%	0.00x	1.71x	CA$-2.80 Million
2021	-209.58%	0.00%	0.00x	2.57x	CA$-2.73 Million
2022	-179.16%	0.00%	0.00x	1.30x	CA$-4.44 Million
2023	-185.93%	0.00%	0.00x	1.85x	CA$-2.61 Million
2024	0.00%	0.00%	0.00x	0.00x	CA$-4.26 Million

Industry Comparison

This section compares Sarama Resource's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $3,534,498,549
Average return on equity (ROE) among peers: -16.90%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sarama Resource (SWA)	CA$-305.83K	-6.79%	N/A	$13.40 Million
Allied Gold Corporation (AAUC)	$111.36 Million	-6.66%	4.92x	$3.60 Billion
Abcourt Mines Inc. (ABI)	$25.14 Million	6.90%	0.34x	$86.06 Million
Barrick Gold Corp (ABX)	$32.31 Billion	6.26%	0.45x	$63.93 Billion
American Eagle Gold Corp (AE)	$3.09 Million	-121.24%	0.18x	$138.81 Million
Agnico Eagle Mines Limited (AEM)	$152.14 Million	0.14%	0.98x	$90.48 Billion
Alamos Gold Inc (AGI)	$2.74 Billion	-2.44%	0.32x	$16.27 Billion
AIS Resources Ltd (AIS)	$710.09K	-3.25%	0.03x	$1.76 Million
Alliance Mining Corp (ALM)	$-1.62 Million	0.00%	0.00x	$1.58 Million
Altamira Gold Corp (ALTA)	$1.70 Million	-35.22%	0.08x	$38.60 Million
Almaden Minerals Ltd (AMM)	$9.85 Million	-13.46%	0.05x	$24.82 Million

About Sarama Resource

V:SWA Canada Gold

Market Cap

$13.40 Million

CA$18.52 Million CAD

Market Cap Rank

#26148 Global

#1066 in Canada

Share Price

CA$0.04

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.06

All Time High

CA$0.50