Doric Nimrod Air Three Ltd (DNA3) - Net Assets
Based on the latest financial reports, Doric Nimrod Air Three Ltd (DNA3) has net assets worth GBX144.11 Million GBX (≈ $17.53K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX148.11 Million ≈ $18.02K USD) and total liabilities (GBX4.00 Million ≈ $486.33 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 Doric Nimrod Air Three Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX144.11 Million |
| % of Total Assets | 97.3% |
| Annual Growth Rate | -4.52% |
| 5-Year Change | 69.31% |
| 10-Year Change | -21.85% |
| Growth Volatility | 26.58 |
Doric Nimrod Air Three Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Doric Nimrod Air Three Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Doric Nimrod Air Three Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Doric Nimrod Air Three Ltd (2014–2025)
The table below shows the annual net assets of Doric Nimrod Air Three Ltd from 2014 to 2025. For live valuation and market cap data, see market cap of Doric Nimrod Air Three Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX128.27 Million ≈ $15.61K |
+29.33% |
| 2024-03-31 | GBX99.18 Million ≈ $12.07K |
+39.23% |
| 2023-03-31 | GBX71.24 Million ≈ $8.67K |
+19.09% |
| 2022-03-31 | GBX59.82 Million ≈ $7.28K |
-21.05% |
| 2021-03-31 | GBX75.76 Million ≈ $9.22K |
-20.50% |
| 2020-03-31 | GBX95.30 Million ≈ $11.59K |
-42.93% |
| 2019-03-31 | GBX166.98 Million ≈ $20.32K |
-4.71% |
| 2018-03-31 | GBX175.23 Million ≈ $21.32K |
+37.36% |
| 2017-03-31 | GBX127.58 Million ≈ $15.52K |
-22.28% |
| 2016-03-31 | GBX164.14 Million ≈ $19.97K |
-4.53% |
| 2015-03-31 | GBX171.93 Million ≈ $20.92K |
-19.45% |
| 2014-03-31 | GBX213.43 Million ≈ $25.97K |
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Equity Component Analysis
This analysis shows how different components contribute to Doric Nimrod Air Three 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 1902.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX208.95 Million | 162.90% |
| Total Equity | GBX128.27 Million | 100.00% |
Doric Nimrod Air Three Ltd Competitors by Market Cap
The table below lists competitors of Doric Nimrod Air Three Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eco Oro Minerals Corp
F:GQQ
|
$1.72 Million |
|
Unicorn AIM VCT plc
LSE:UAV
|
$1.72 Million |
|
Mobico Group Plc
LSE:MCG
|
$1.72 Million |
|
Cinis Fertilizer AB
ST:CINIS
|
$1.72 Million |
|
Ordinary Fully Paid Deferred Settlement
AU:TASDA
|
$1.71 Million |
|
Dotdigital Group Plc
LSE:DOTD
|
$1.71 Million |
|
CFI-Compagnie Foncière Internationale
PA:CFI
|
$1.71 Million |
|
Diaceutics PLC
LSE:DXRX
|
$1.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Doric Nimrod Air Three Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 99,184,066 to 128,271,346, a change of 29,087,280 (29.3%).
- Net income of 47,237,280 contributed positively to equity growth.
- Dividend payments of 18,150,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX47.24 Million | +36.83% |
| Dividends Paid | GBX18.15 Million | -14.15% |
| Total Change | GBX- | 29.33% |
Book Value vs Market Value Analysis
This analysis compares Doric Nimrod Air Three 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: 109.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 51.68x to 109.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | GBX1.24 | GBX64.00 | x |
| 2015-03-31 | GBX0.78 | GBX64.00 | x |
| 2016-03-31 | GBX0.75 | GBX64.00 | x |
| 2017-03-31 | GBX0.58 | GBX64.00 | x |
| 2018-03-31 | GBX0.80 | GBX64.00 | x |
| 2019-03-31 | GBX0.76 | GBX64.00 | x |
| 2020-03-31 | GBX0.43 | GBX64.00 | x |
| 2021-03-31 | GBX0.34 | GBX64.00 | x |
| 2022-03-31 | GBX0.27 | GBX64.00 | x |
| 2023-03-31 | GBX0.32 | GBX64.00 | x |
| 2024-03-31 | GBX0.45 | GBX64.00 | x |
| 2025-03-31 | GBX0.58 | GBX64.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Doric Nimrod Air Three 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): 36.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 66.05%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.24x
- Recent ROE (36.83%) is above the historical average (6.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.05% | 31.00% | 0.05x | 2.89x | GBX-12.71 Million |
| 2015 | -13.58% | -35.29% | 0.11x | 3.47x | GBX-40.55 Million |
| 2016 | 6.32% | 15.12% | 0.12x | 3.50x | GBX-6.05 Million |
| 2017 | -14.44% | -9544.63% | 0.00x | 4.36x | GBX-31.17 Million |
| 2018 | 37.55% | 68.24% | 0.18x | 3.01x | GBX48.28 Million |
| 2019 | 5.93% | 27.71% | 0.07x | 3.01x | GBX-6.80 Million |
| 2020 | -56.18% | -105.03% | 0.13x | 4.19x | GBX-63.07 Million |
| 2021 | -19.18% | -19.19% | 0.25x | 4.05x | GBX-22.11 Million |
| 2022 | 4.43% | 3.63% | 0.30x | 4.11x | GBX-3.33 Million |
| 2023 | 41.51% | 38.13% | 0.37x | 2.93x | GBX22.45 Million |
| 2024 | 46.48% | 61.60% | 0.41x | 1.84x | GBX36.18 Million |
| 2025 | 36.83% | 66.05% | 0.45x | 1.24x | GBX34.41 Million |
Industry Comparison
This section compares Doric Nimrod Air Three Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $144,288,830
- Average return on equity (ROE) among peers: 10.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Doric Nimrod Air Three Ltd (DNA3) | GBX144.11 Million | 4.05% | 0.03x | $1.71 Million |
| Amedeo Air Four Plus Limited (AA4) | $632.14 Million | -5.30% | 2.15x | $2.25 Million |
| Ashtead Group PLC (AHT) | $154.03 Million | 18.92% | 1.69x | $268.00 Million |
| Anexo Group Plc (ANX) | $75.80 Million | 15.05% | 0.45x | $393.45K |
| Andrews Sykes Group plc (ASY) | $40.84 Million | 27.32% | 0.49x | $2.60 Million |
| Avation PLC (AVAP) | $221.02 Million | 4.40% | 5.40x | $1.05 Million |
| DP Aircraft I Limited (DPA) | $209.67 Million | 9.01% | 1.39x | $39.68 Million |
| HSS Hire Group PLC (HSS) | $-174.92 Million | 0.00% | 0.00x | $713.55K |
| Speedy Hire PLC (SDY) | $93.49 Million | 18.84% | 1.35x | $1.09 Million |
| Vp plc (VP) | $46.52 Million | 9.69% | 0.68x | $2.24 Million |
About Doric Nimrod Air Three Ltd
Doric Nimrod Air Three Limited acquires, leases, and sells aircraft in the Middle East. The company portfolio comprises of Airbus A380 aircraft. Doric Nimrod Air Three Limited was incorporated in 2012 and is based in Saint Peter Port, Guernsey.