DMC Mining Ltd (DMM) - Net Assets
Based on the latest financial reports, DMC Mining Ltd (DMM) has net assets worth AU$-1.46 Million AUD (≈ $-1.03 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$91.11K ≈ $64.47K USD) and total liabilities (AU$1.55 Million ≈ $1.10 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of DMC Mining Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-1.46 Million |
| % of Total Assets | -1600.44% |
| Annual Growth Rate | N/A |
| 5-Year Change | -103.0% |
| 10-Year Change | N/A |
| Growth Volatility | 2862.7 |
DMC Mining Ltd - Net Assets Trend (2007–2024)
This chart illustrates how DMC Mining Ltd's net assets have evolved over time, based on quarterly financial data. Also explore DMC Mining Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for DMC Mining Ltd (2007–2024)
The table below shows the annual net assets of DMC Mining Ltd from 2007 to 2024. For live valuation and market cap data, see DMM market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$-359.19K ≈ $-254.15K |
-113.85% |
| 2023-06-30 | AU$2.59 Million ≈ $1.84 Million |
-44.87% |
| 2022-06-30 | AU$4.70 Million ≈ $3.33 Million |
+1186.66% |
| 2021-06-30 | AU$365.66K ≈ $258.73K |
-96.95% |
| 2009-06-30 | AU$11.98 Million ≈ $8.48 Million |
-21.87% |
| 2008-06-30 | AU$15.33 Million ≈ $10.85 Million |
+7763.59% |
| 2007-06-30 | AU$195.00K ≈ $137.97K |
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Equity Component Analysis
This analysis shows how different components contribute to DMC Mining Ltd'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 548624200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$4.67 Million | % |
| Other Comprehensive Income | AU$469.61K | % |
| Total Equity | AU$-359.19K | 100.00% |
DMC Mining Ltd Competitors by Market Cap
The table below lists competitors of DMC Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baiya International Group Inc. Ordinary Shares
NASDAQ:BIYA
|
$1.90 Million |
|
Melar Acquisition Corp. I Warrant
NASDAQ:MACIW
|
$1.91 Million |
|
Bastion Minerals Ltd
AU:BMO
|
$1.91 Million |
|
Binakarya Jaya Abadi Tbk PT
JK:BIKA
|
$1.91 Million |
|
L Agence Automobiliere SA
PA:MLAA
|
$1.90 Million |
|
GIGLIO GROUP S.P.A. O.N.
F:5JR
|
$1.90 Million |
|
RBR Group Ltd
AU:RBR
|
$1.89 Million |
|
Filament Health Corp
NEO:FH
|
$1.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DMC Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,593,769 to -359,186, a change of -2,952,955 (-113.8%).
- Net loss of 2,787,000 reduced equity.
- Share repurchases of 166,280 reduced equity.
- Other factors increased equity by 325.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.79 Million | -775.92% |
| Share Repurchases | AU$166.28K | -46.29% |
| Other Changes | AU$325.00 | +0.09% |
| Total Change | AU$- | -113.85% |
Book Value vs Market Value Analysis
This analysis compares DMC Mining Ltd'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 |
|---|---|---|---|
| 2007-06-30 | AU$0.02 | AU$0.06 | x |
| 2008-06-30 | AU$0.54 | AU$0.06 | x |
| 2009-06-30 | AU$0.41 | AU$0.06 | x |
| 2021-06-30 | AU$0.02 | AU$0.06 | x |
| 2022-06-30 | AU$0.14 | AU$0.06 | x |
| 2023-06-30 | AU$0.06 | AU$0.06 | x |
| 2024-06-30 | AU$-0.01 | AU$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DMC Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22403.54%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-30.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -8.44% | -205.69% | 0.00x | 15.42x | AU$-35.95K |
| 2008 | -8.50% | -1265.05% | 0.01x | 1.04x | AU$-2.84 Million |
| 2009 | -58.32% | -9313.33% | 0.01x | 1.18x | AU$-8.18 Million |
| 2021 | -44.86% | 0.00% | 0.00x | 1.01x | AU$-200.59K |
| 2022 | -11.69% | -387.78% | 0.03x | 1.04x | AU$-1.02 Million |
| 2023 | -81.39% | -10424.69% | 0.01x | 1.03x | AU$-2.37 Million |
| 2024 | 0.00% | -22403.54% | 0.09x | 0.00x | AU$-2.75 Million |
Industry Comparison
This section compares DMC Mining Ltd'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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DMC Mining Ltd (DMM) | AU$-1.46 Million | -8.44% | N/A | $1.90 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About DMC Mining Ltd
DMC Mining Limited focuses on identifying, acquiring, and exploring for nickel, copper, gold, lithium, and other base metal assets in Western Australia. It holds 100% interests in the Ravensthorpe Nickel project located in the Esperance region, Western Australia; the Fraser Range project that includes 9 granted tenements and 4 exploration licenses covering an area of approximately 1200 square kil… Read more