STARCORE INTL MINES LTD (SHVLF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2022, filed Jul 29, 2022. Each column of the statement tables below links to the filing it was taken from.
STARCORE INTL MINES LTD (SHVLF) reported $20.1M in revenue for fiscal year 2022, down 8.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
STARCORE INTL MINES LTD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
STARCORE INTL MINES LTD scores 1.54, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $18.9M against total assets of $40.7M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
STARCORE INTL MINES LTD passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, STARCORE INTL MINES LTD generates $2.43 in operating cash flow ($4.6M OCF vs $1.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
STARCORE INTL MINES LTD earns $7.89 in operating income for every $1 of interest expense ($1.1M vs $141K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
STARCORE INTL MINES LTD generated $20.1M in revenue in fiscal year 2022. This represents a decrease of 8.0% from the prior year.
STARCORE INTL MINES LTD reported $1.9M in net income in fiscal year 2022. This represents a decrease of 20.2% from the prior year.
STARCORE INTL MINES LTD earned $0.04 per diluted share (EPS) in fiscal year 2022. This represents a decrease of 19.9% from the prior year.
Not reported for fiscal year 2022.
Cash & Balance Sheet
STARCORE INTL MINES LTD generated $3.1M in free cash flow in fiscal year 2022, representing cash available after capex. This represents a decrease of 40.7% from the prior year.
STARCORE INTL MINES LTD held $6.9M in cash as of fiscal year 2022; no long-term debt figure is on record for that period.
Not reported for fiscal year 2022.
Margins & Returns
STARCORE INTL MINES LTD's gross margin was 20.7% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is down 3.2 percentage points from the prior year.
STARCORE INTL MINES LTD's operating margin was 5.6% in fiscal year 2022, reflecting core business profitability. This is down 4.0 percentage points from the prior year.
STARCORE INTL MINES LTD's net profit margin was 9.4% in fiscal year 2022, showing the share of revenue converted to profit. This is down 1.4 percentage points from the prior year.
STARCORE INTL MINES LTD's ROE was 6.0% in fiscal year 2022, measuring profit generated per dollar of shareholder equity. This is down 2.0 percentage points from the prior year.
Capital Allocation
STARCORE INTL MINES LTD invested $1.4M in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents an increase of 38.8% from the prior year.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
SHVLF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K |
|---|---|---|---|---|---|---|
| Revenue | $20.1M-8.0% | $21.8M+22.2% | $17.8M-27.0% | $24.4M+12.6% | $21.7M+8.9% | $19.9M |
| Cost of Revenue | $15.9M-4.1% | $16.6M+1.1% | $16.4M-32.7% | $24.4M-4.5% | $25.5M+32.2% | $19.3M |
| Gross Profit | $4.1M-20.4% | $5.2M+265.2% | $1.4M+5219.4% | $27Kn/m | -$3.8M-736.2% | $604K |
| Operating Income | $1.1M-46.4% | $2.1Mn/m | -$1.7Mn/m | -$3.2Mn/m | -$8.0Mn/m | -$2.0M |
| Interest Expense | $141K+655.5% | $19K+767.7% | $2K-86.2% | $16K-75.8% | $65K-83.5% | $392K |
| Income Tax | $231Kn/m | -$1.2M-239.2% | $847K-49.0% | $1.7Mn/m | -$4.6Mn/m | -$2.1M |
| Net Income | $1.9M-20.2% | $2.4Mn/m | -$2.6Mn/m | -$8.8Mn/m | -$9.4M-277.2% | $5.3M |
| EPS (Basic) | $0.04-19.9% | $0.05n/m | -$0.05n/m | -$0.18n/m | -$0.19-270.6% | $0.11 |
| EPS (Diluted) | $0.04-19.9% | $0.05n/m | -$0.05n/m | -$0.18n/m | -$0.19-270.6% | $0.11 |
| Diluted Shares (Avg) | N/A | N/A | N/A | 50M+0.9% | 49M+0.2% | 49M |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses, EBITDA.
SHVLF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K |
|---|---|---|---|---|---|---|
| Total Assets | $40.7M+7.5% | $37.8M-3.3% | $39.1M-7.9% | $42.5M-18.0% | $51.7M-13.8% | $60.1M |
| Current Assets | $10.1M+45.9% | $6.9M+52.5% | $4.5M-19.1% | $5.6M-24.7% | $7.4M-42.3% | $12.9M |
| Cash & Equivalents | $6.9M+92.8% | $3.6M+136.1% | $1.5M-20.3% | $1.9M+4.8% | $1.8M-55.5% | $4.1M |
| Inventory | $1.2M-17.3% | $1.4M+21.2% | $1.2M+7.9% | $1.1M-59.4% | $2.7M+27.7% | $2.1M |
| Accounts Receivable | $1.2M+29.7% | $952K-41.1% | $1.6M-29.9% | $2.3M-11.7% | $2.6M-25.3% | $3.5M |
| Total Liabilities | $9.4M+12.9% | $8.3M-32.6% | $12.3M-8.1% | $13.4M+11.5% | $12.0M-4.5% | $12.6M |
| Current Liabilities | $2.9M+35.8% | $2.2M-51.9% | $4.5M+23.0% | $3.7M-1.9% | $3.7M+22.9% | $3.0M |
| Non-Current Liabilities | $6.4M+4.9% | $6.1M-21.5% | $7.8M-19.8% | $9.7M+17.5% | $8.3M-13.2% | $9.5M |
| Total Equity | $31.3M+6.0% | $29.5M+10.1% | $26.8M-7.8% | $29.1M-24.1% | $38.3M-19.4% | $47.5M |
| Retained Earnings | -$18.9Mn/m | -$21.6Mn/m | -$21.2Mn/m | -$19.3Mn/m | -$11.0Mn/m | -$1.5M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Goodwill, Long-Term Debt.
SHVLF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.6M-27.5% | $6.3M+219.3% | $2.0Mn/m | -$6Kn/m | -$4.7M-411.2% | $1.5M |
| Capital Expenditures | $1.4M+38.8% | $1.0M-46.2% | $1.9M-17.7% | $2.3M+37.4% | $1.7M-13.8% | $2.0M |
| Free Cash Flow | $3.1M-40.7% | $5.2M+13940.9% | $37Kn/m | -$2.4Mn/m | -$6.4Mn/m | -$475K |
| Investing Cash Flow | -$794Kn/m | -$910Kn/m | -$919Kn/m | -$1.7M-193.2% | $1.9M-64.6% | $5.3M |
| Financing Cash Flow | -$477Kn/m | -$3.2Mn/m | -$1.8M-180.4% | $2.2Mn/m | -$90Kn/m | -$3.7M |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
SHVLF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K |
|---|---|---|---|---|---|---|
| Gross Margin | 20.7%-3.2pp | 23.9%+15.9pp | 8.0%+7.9pp | 0.1%+17.8pp | -17.7%-20.8pp | 3.0% |
| Operating Margin | 5.6%-4.0pp | 9.6%+19.3pp | -9.7%+3.2pp | -13.0%+23.8pp | -36.8%-26.7pp | -10.0% |
| Net Margin | 9.4%-1.4pp | 10.8%+25.4pp | -14.6%+21.4pp | -36.0%+7.2pp | -43.1%-69.7pp | 26.5% |
| Return on Equity | 6.0%-2.0pp | 8.0%+17.7pp | -9.7%+20.5pp | -30.2%-5.8pp | -24.5%-35.6pp | 11.1% |
| Return on Assets | 4.6%-1.6pp | 6.2%+12.9pp | -6.7%+14.0pp | -20.7%-2.6pp | -18.1%-26.9pp | 8.8% |
| Current Ratio | 3.43+0.2x | 3.19+2.2x | 1.01-0.5x | 1.53-0.5x | 1.99-2.3x | 4.25 |
| Liabilities-to-Equity | 0.300.0x | 0.28-0.2x | 0.460.0x | 0.46+0.1x | 0.310.0x | 0.26 |
| Asset Turnover | 0.49-0.1x | 0.58+0.1x | 0.46-0.1x | 0.58+0.2x | 0.42+0.1x | 0.33 |
| FCF Margin | 15.5%-8.5pp | 24.1%+23.9pp | 0.2%+9.8pp | -9.6%+19.9pp | -29.5%-27.1pp | -2.4% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Where STARCORE INTL MINES LTD Ranks
Frequently Asked Questions
What is STARCORE INTL MINES LTD's annual revenue?
STARCORE INTL MINES LTD (SHVLF) reported $20.1M in total revenue for fiscal year 2022. This represents a -8.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is STARCORE INTL MINES LTD's revenue growing?
STARCORE INTL MINES LTD (SHVLF) revenue declined by 8.0% year-over-year, from $21.8M to $20.1M in fiscal year 2022.
Is STARCORE INTL MINES LTD profitable?
Yes, STARCORE INTL MINES LTD (SHVLF) reported a net income of $1.9M in fiscal year 2022, with a net profit margin of 9.4%.
What is STARCORE INTL MINES LTD's gross margin?
STARCORE INTL MINES LTD (SHVLF) had a gross margin of 20.7% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is STARCORE INTL MINES LTD's operating margin?
STARCORE INTL MINES LTD (SHVLF) had an operating margin of 5.6% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.
What is STARCORE INTL MINES LTD's net profit margin?
STARCORE INTL MINES LTD (SHVLF) had a net profit margin of 9.4% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
What is STARCORE INTL MINES LTD's return on equity (ROE)?
STARCORE INTL MINES LTD (SHVLF) has a return on equity of 6.0% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.
What is STARCORE INTL MINES LTD's free cash flow?
STARCORE INTL MINES LTD (SHVLF) generated $3.1M in free cash flow during fiscal year 2022. This represents a -40.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is STARCORE INTL MINES LTD's operating cash flow?
STARCORE INTL MINES LTD (SHVLF) generated $4.6M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are STARCORE INTL MINES LTD's total assets?
STARCORE INTL MINES LTD (SHVLF) had $40.7M in total assets as of fiscal year 2022, including both current and long-term assets.
What are STARCORE INTL MINES LTD's capital expenditures?
STARCORE INTL MINES LTD (SHVLF) invested $1.4M in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
What is STARCORE INTL MINES LTD's current ratio?
STARCORE INTL MINES LTD (SHVLF) had a current ratio of 3.43 as of fiscal year 2022, which is generally considered healthy.
What is STARCORE INTL MINES LTD's liabilities-to-equity ratio?
STARCORE INTL MINES LTD (SHVLF) had a liabilities-to-equity ratio of 0.30 as of fiscal year 2022, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2022, because the filing data we hold for that year carries no long-term debt figure.
What is STARCORE INTL MINES LTD's return on assets (ROA)?
STARCORE INTL MINES LTD (SHVLF) had a return on assets of 4.6% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is STARCORE INTL MINES LTD's P/E ratio?
STARCORE INTL MINES LTD (SHVLF) trades at 11.6x earnings, its market capitalization divided by $1.9M net income, FY2022. The market capitalization is $21.7M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is STARCORE INTL MINES LTD's price-to-sales ratio?
STARCORE INTL MINES LTD (SHVLF) trades at 1.1x sales, its market capitalization divided by $20.1M revenue, FY2022. The market capitalization is $21.7M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is STARCORE INTL MINES LTD's Altman Z-Score?
STARCORE INTL MINES LTD (SHVLF) has an Altman Z-Score of 1.54, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is STARCORE INTL MINES LTD's Piotroski F-Score?
STARCORE INTL MINES LTD (SHVLF) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are STARCORE INTL MINES LTD's earnings high quality?
STARCORE INTL MINES LTD (SHVLF) has an earnings quality ratio of 2.43x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can STARCORE INTL MINES LTD cover its interest payments?
STARCORE INTL MINES LTD (SHVLF) has an interest coverage ratio of 7.89x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.