Sherritt International Corporation Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: S3F1B2D7A1EBEN
BAC Reports

Abstracts

Sherritt International Corporation Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Sherritt International Corporation and its competitors. This provides our Clients with a clear understanding of Sherritt International Corporation position in the Industry.

• The report contains detailed information about Sherritt International Corporation that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Sherritt International Corporation . It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Sherritt International Corporation financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Sherritt International Corporation competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Sherritt International Corporation business.

About Sherritt International Corporation

Sherritt International Corporation, a diversified resource company, engages in the development of hydrometallurgical and coal technologies, including alternative uses of coal as an energy resource. The company primarily operates in Canada, Cuba, Spain, and Pakistan and a significant mining property under development in Madagascar.

Metals

The Metals segment consists of a 50% interest in the Moa Joint Venture (formerly known as the Metals Enterprise), and a 40% interest in the Ambatovy Joint Venture, which is constructing a nickel and cobalt project in Madagascar. The company also owns certain fertilizer, sulphuric acid, utilities, storage and other assets located in Fort Saskatchewan, Alberta.

MOA JOINT VENTURE: The Moa Joint Venture is a vertically-integrated nickel and cobalt mining, processing, refining and marketing joint venture between subsidiaries of Sherritt and General Nickel Company S.A. (GNC), a Cuban company. The operations of the Moa Joint Venture are currently carried on through three companies. Moa Nickel S.A. (Moa Nickel) owns and operates the mining and processing facility located at Moa, Cuba. The Cobalt Refinery Company Inc. (CRC) owns and operates the metals refinery located at Fort Saskatchewan, Alberta. International Cobalt Company Inc. (ICCI) acquires mixed sulphides from Moa Nickel and third parties, contracts with CRC for the refining of such purchased materials and then markets finished nickel and cobalt products. Moa Nickel mines lateritic nickel and cobalt ore by open pit methods and processes it at its facilities at Moa, Cuba into mixed
sulphides containing nickel and cobalt.

AMBATOVY JOINT VENTURE: The Ambatovy Project is a nickel and cobalt project under construction in Madagascar. The company indirectly holds a 40% interest in each of AMSA and DMSA, the two Ambatovy Joint Venture companies. Each of Sumitomo and Kores holds a 27.5% interest and SNC-Lavalin indirectly holds the remaining 5% interest in the Ambatovy Project companies. Sumitomo operates as an integrated trading and investment business enterprises. Kores is a state-owned corporation of the Government of the Republic of Korea that provides financing and technical support for many Korean investments and joint ventures. SNC-Lavalin has been involved in the Ambatovy Project for more than four years.

Coal

Sherritt Coal is delineated into three distinct operational groups: Prairie Operations, Mountain Operations and Coal Developments Assets.

PRAIRIE OPERATIONS: Prairie Operations principally consists of ownership of RUIF, which in turn owns 100% of Prairie Mines & Royalty Ltd (Prairie Mines). Prairie Mines’ coal business consists primarily of the production of thermal-coal from eight mines in Alberta and Saskatchewan, which is sold to major electric utility companies in Western Canada as fuel to generate electricity.

Prairie Mines also produces and sells Char to the barbeque briquette industry and holds a portfolio of mineral rights on which it earns royalties from the mining of coal, potash and other minerals. Prairie Mines is engaged in the construction of an activated carbon plant in Bienfait, Saskatchewan in a joint venture with Norit Canada. As of December 31, 2008, Prairie Mines had 671 million tons of the total reserves at its owned mines and 28 million tons of the total reserves at its contract mines.

MOUNTAIN OPERATIONS: The principal asset of Mountain Operations is its 50% interest in the Coal Valley Partnership (CVP), a 50/50 Ontario general partnership between the Corporation and OTPPB SCP. CVP owns 100% of Coal Valley Resources Inc. (CVRI). CVRI mines and sells thermal-coal and owns the Coal Valley mine, Obed Mountain mine, Gregg River mine and Coleman properties.

COAL DEVELOPMENT ASSETS: The Coal Development Assets include a 50% interest in the Carbon Development Partnership (CDP), a 50/50 Ontario general partnership between Sherritt and OTPPB SCP. CDP’s foremost project is the Dodds-Roundhill coal gasification project. CDP is also working to actively protect and commercialize coalbed methane in relation to the coal reserves it holds.

Oil and Gas

The company explores for, develops and produces oil and gas, primarily from fields situated in Cuba. It also has interests in oil fields off the coast of Spain and from a gas field in Pakistan. Within Cuba, the company operates and holds exploration and production rights under production-sharing contracts with Union Cubapetroleo (CUPET). The company indirectly holds 100% working-interests in six production-sharing contracts in Cuba covering approximately 1,040,875 net acres.

The company holds a 14.5% working-interest in the Casablanca oil field, a 15.6% working-interest in the Rodaballo oil field, a 29% working-interest in the Boquer´on oil field, and an 18.4% working-interest in the Barracuda oil field, all located in the Gulf of Valencia, offshore Spain. The company also holds a 15.79% working-interest in a mining lease comprising the Badar gas field, located in the Indus Basin in central Pakistan.

History

Sherritt International Corporation was founded in 1995.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. SHERRITT INTERNATIONAL CORPORATION COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. SHERRITT INTERNATIONAL CORPORATION BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. SHERRITT INTERNATIONAL CORPORATION SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. SHERRITT INTERNATIONAL CORPORATION FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. SHERRITT INTERNATIONAL CORPORATION COMPETITORS AND INDUSTRY ANALYSIS

5.1. Sherritt International Corporation Direct Competitors
5.2. Comparison of Sherritt International Corporation and Direct Competitors Financial Ratios
5.3. Comparison of Sherritt International Corporation and Direct Competitors Stock Charts
5.4. Sherritt International Corporation Industry Analysis
5.4.1. Industry Snapshot
  5.4.2. Sherritt International Corporation Industry Position Analysis

6. SHERRITT INTERNATIONAL CORPORATION NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. SHERRITT INTERNATIONAL CORPORATION EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. SHERRITT INTERNATIONAL CORPORATION ENHANCED SWOT ANALYSIS²

9. CANADA PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. SHERRITT INTERNATIONAL CORPORATION IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. SHERRITT INTERNATIONAL CORPORATION PORTER FIVE FORCES ANALYSIS²

12. SHERRITT INTERNATIONAL CORPORATION VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Sherritt International Corporation Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Sherritt International Corporation 1-year Stock Charts
Sherritt International Corporation 5-year Stock Charts
Sherritt International Corporation vs. Main Indexes 1-year Stock Chart
Sherritt International Corporation vs. Direct Competitors 1-year Stock Charts
Sherritt International Corporation Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Sherritt International Corporation Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Sherritt International Corporation Key Executives
Sherritt International Corporation Major Shareholders
Sherritt International Corporation History
Sherritt International Corporation Products
Revenues by Segment
Revenues by Region
Sherritt International Corporation Offices and Representations
Sherritt International Corporation SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Sherritt International Corporation Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Sherritt International Corporation Capital Market Snapshot
Sherritt International Corporation Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Industry Statistics
Sherritt International Corporation Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Sherritt International Corporation Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?