Great Divide Mining Ltd
Great Divide Mining Ltd engages in the exploration and development of mineral resource properties in Australia. The company primarily explores for gold, antimony, copper, and lithium and rare earth metal deposits. Great Divide Mining Ltd was incorporated in 2021 and is headquartered in Brisbane, Australia.
Great Divide Mining Ltd (GDM) - Net Assets
Latest net assets as of December 2024: AU$3.27 Million AUD
Based on the latest financial reports, Great Divide Mining Ltd (GDM) has net assets worth AU$3.27 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.70 Million) and total liabilities (AU$424.04K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$3.27 Million |
| % of Total Assets | 88.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Great Divide Mining Ltd - Net Assets Trend (2022–2024)
This chart illustrates how Great Divide Mining Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Great Divide Mining Ltd (2022–2024)
The table below shows the annual net assets of Great Divide Mining Ltd from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$3.58 Million | +468.82% |
| 2023-06-30 | AU$-971.25K | -704.01% |
| 2022-06-30 | AU$-120.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Great Divide 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 115230000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$4.86 Million | 135.57% |
| Total Equity | AU$3.58 Million | 100.00% |
Great Divide Mining Ltd Competitors by Market Cap
The table below lists competitors of Great Divide Mining Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Utility Business Alliance PCL
BK:UBA
|
$4.71 Million |
|
A-Smart Holdings Ltd.
F:IOTA
|
$4.72 Million |
|
SMD100_SAINTMED
BK:SMD100
|
$4.72 Million |
|
Ramlosa Shipping Ab
ST:RAMSH
|
$4.72 Million |
|
Pharmsville Co. Ltd
KQ:318010
|
$4.71 Million |
|
Crown Lifters Limited
NSE:CROWN
|
$4.70 Million |
|
Phapros Tbk PT
JK:PEHA
|
$4.70 Million |
|
Timberwell Bhd
KLSE:7854
|
$4.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great Divide Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -971,250 to 3,582,120, a change of 4,553,370.
- Net loss of 1,169,200 reduced equity.
- Share repurchases of 5,000,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other factors increased equity by 5,722,570.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.17 Million | -32.64% |
| Share Repurchases | AU$5.00 Million | -139.58% |
| Share Issuances | AU$5.00 Million | +139.58% |
| Other Changes | AU$5.72 Million | +159.75% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares Great Divide 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
- Current price-to-book ratio: 4.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | AU$0.00 | AU$0.37 | x |
| 2023-06-30 | AU$-0.04 | AU$0.37 | x |
| 2024-06-30 | AU$0.09 | AU$0.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great Divide Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -907.62%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.08x
- Recent ROE (-32.64%) is below the historical average (-10.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-109.82K |
| 2023 | 0.00% | -1477.76% | 0.16x | 0.00x | AU$-753.33K |
| 2024 | -32.64% | -907.62% | 0.03x | 1.08x | AU$-1.53 Million |
Industry Comparison
This section compares Great Divide Mining Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Great Divide Mining Ltd (GDM) | AU$3.27 Million | 0.00% | 0.13x | $4.71 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |