Great Divide Mining Ltd (GDM) - Net Assets
Based on the latest financial reports, Great Divide Mining Ltd (GDM) has net assets worth AU$3.27 Million AUD (≈ $2.32 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$3.70 Million ≈ $2.62 Million USD) and total liabilities (AU$424.04K ≈ $300.04K 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. Read how much debt does Great Divide Mining Ltd carry for a breakdown of total debt and financial obligations.
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. Also explore Great Divide Mining Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see GDM stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$3.58 Million ≈ $2.53 Million |
+468.82% |
| 2023-06-30 | AU$-971.25K ≈ $-687.22K |
-704.01% |
| 2022-06-30 | AU$-120.80K ≈ $-85.47K |
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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 |
|---|---|
|
TalkPool AG
ST:TALK
|
$11.99 Million |
|
Ainos Inc
NASDAQ:AIMD
|
$11.99 Million |
|
GT Biopharma Inc
NASDAQ:GTBP
|
$11.99 Million |
|
Draper Esprit PLC
LSE:GROW
|
$12.00 Million |
|
Pearl Gold AG
F:02P
|
$11.98 Million |
|
AUGA GROUP AB EO 029
F:W9Z
|
$11.98 Million |
|
Par Drugs And Chemicals Limited
NSE:PAR
|
$11.98 Million |
|
INCOME ASSET MNG.GRP.LTD.
F:C1R
|
$11.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great Divide Mining Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -971,250 to 3,582,120, a change of 4,553,370.
- Net loss of 1,169,200 reduced equity.
- Share repurchases of 5,000,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other factors increased equity by 5,722,570.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: 4.12x
- 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$0.38 | x |
| 2023-06-30 | AU$-0.04 | AU$0.38 | x |
| 2024-06-30 | AU$0.09 | AU$0.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great Divide Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -907.62%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.08x
- Recent ROE (-32.64%) is below the historical average (-10.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-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: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
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 | $11.98 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About 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.