Sterling Group Ventures Inc (SGGV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
SUITE 904 VANCOUVER BC, BC V6Z 1C2 |
| State of Incorp. | NV |
| Fiscal Year End | May 31 |
| Industry (SIC) | 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,433,109 | 1,673,448 | 2,036,805 | |||
| Cash and cash equivalents | 1,433,109 | 1,673,448 | 2,036,805 | |||
| Receivables | 4,888 | 20,116 | ||||
| Prepaid expense | 7,874 | 9,163 | 24,365 | |||
| Other undisclosed current assets | 13,947 | |||||
| Total current assets: | 1,445,871 | 1,702,727 | 2,075,117 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 108,309 | 151,397 | 196,353 | |||
| Deposits noncurrent assets | 127,393 | 126,366 | 128,696 | |||
| Other undisclosed noncurrent assets | 3,148,740 | 3,148,740 | 3,148,740 | |||
| Total noncurrent assets: | 3,384,442 | 3,426,503 | 3,473,789 | |||
| TOTAL ASSETS: | 4,830,313 | 5,129,230 | 5,548,906 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 420,973 | 456,564 | 478,934 | |||
| Other undisclosed accounts payable and accrued liabilities | 420,973 | 456,564 | 478,934 | |||
| Total current liabilities: | 420,973 | 456,564 | 478,934 | |||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 732,687 | 732,687 | 732,687 | |||
| Total liabilities: | 1,153,660 | 1,189,251 | 1,211,621 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 3,676,653 | 3,939,979 | 4,337,285 | |||
| Common stock | 75,730 | 75,730 | 75,730 | |||
| Additional paid in capital | 10,831,422 | 10,724,416 | 10,724,416 | |||
| Accumulated other comprehensive loss | (582) | (582) | (582) | |||
| Accumulated deficit | ||||||
| Other undisclosed equity, attributable to parent | (7,229,917) | (6,859,585) | (6,462,279) | |||
| Total equity: | 3,676,653 | 3,939,979 | 4,337,285 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,830,313 | 5,129,230 | 5,548,906 | |||
Income Statement (P&L) (USD)
| 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|
| Cost of goods and services sold | (176,288) | (262,018) | (1,476,035) | ||
| Financial services costs | (636) | (401) | (1,044) | ||
| Gross profit: | (176,924) | (262,419) | (1,477,079) | ||
| Operating expenses | (317,307) | (411,445) | (1,598,787) | ||
| Other undisclosed operating income | |||||
| Operating loss: | (494,231) | (673,864) | (3,075,866) | ||
| Nonoperating income (expense) | (53,025) | 14,139 | 1,479,458 | ||
| Investment income, nonoperating | 21,017 | 8,124 | 17,870 | ||
| Gain (loss), foreign currency transaction, before tax | 32,964 | (3,092) | 32,557 | ||
| Loss from continuing operations before income taxes: | (547,256) | (659,725) | (1,596,408) | ||
| Income tax benefit | |||||
| Loss from continuing operations: | (547,256) | (659,725) | (1,596,408) | ||
| Loss before gain (loss) on sale of properties: | (547,256) | (659,725) | (1,596,408) | ||
| Net loss: | (547,256) | (659,725) | (1,596,408) | ||
| Other undisclosed net income attributable to parent | 176,924 | 262,419 | 1,477,079 | ||
| Net loss available to common stockholders, diluted: | (370,332) | (397,306) | (119,329) | ||
Comprehensive Income (USD)
| 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|
| Net loss: | (547,256) | (659,725) | (1,596,408) | ||
| Comprehensive loss: | (547,256) | (659,725) | (1,596,408) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 262,419 | 1,477,079 | |||
| Comprehensive loss, net of tax, attributable to parent: | (547,256) | (397,306) | (119,329) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.