Adamas One Corp. Common Stock (JEWL) - Net Assets
Based on the latest financial reports, Adamas One Corp. Common Stock (JEWL) has net assets worth $-1.66 Million USD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.36 Million) and total liabilities ($13.02 Million). 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 debt load of Adamas One Corp. Common Stock for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.66 Million |
| % of Total Assets | -14.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Adamas One Corp. Common Stock - Net Assets Trend (2020–2024)
This chart illustrates how Adamas One Corp. Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore how large is Adamas One Corp. Common Stock's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Adamas One Corp. Common Stock (2020–2024)
The table below shows the annual net assets of Adamas One Corp. Common Stock from 2020 to 2024. For live valuation and market cap data, see Adamas One Corp. Common Stock market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $3.12 Million | 0.00% |
| 2023-09-30 | $3.12 Million | +165.24% |
| 2022-09-30 | $-4.79 Million | +24.71% |
| 2021-09-30 | $-6.36 Million | -113.22% |
| 2020-09-30 | $-2.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adamas One Corp. Common Stock'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 4546963100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.56K | 0.88% |
| Other Components | $66.70 Million | 2135.44% |
| Total Equity | $3.12 Million | 100.00% |
Adamas One Corp. Common Stock Competitors by Market Cap
The table below lists competitors of Adamas One Corp. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NURAN WIRELESS INC.
F:1RNA
|
$3.81K |
|
CR Capital AG
XETRA:CRZK
|
$3.82K |
|
Binh Duong Construction & Civil Engineering JSC
VN:BCE
|
$3.89K |
|
Milton Capital PLC
LSE:MII
|
$3.95K |
|
Wisher Industrial Co Ltd
TW:1465
|
$3.80K |
|
Black Bear Minerals Limited
AU:BKB
|
$3.71K |
|
Epiminder Ltd
AU:EPI
|
$3.68K |
|
Bangkok Airways Public Company Limited
F:8BA
|
$3.62K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adamas One Corp. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,123,491 to 3,123,491, a change of 0 (0.0%).
- Net loss of 22,543,940 reduced equity.
- Share repurchases of 1,200,000 reduced equity.
- Other factors increased equity by 23,743,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.54 Million | -721.75% |
| Share Repurchases | $1.20 Million | -38.42% |
| Other Changes | $23.74 Million | +760.17% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Adamas One Corp. Common Stock'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $-0.16 | $0.00 | x |
| 2021-09-30 | $-0.33 | $0.00 | x |
| 2022-09-30 | $-0.24 | $0.00 | x |
| 2023-09-30 | $0.11 | $0.00 | x |
| 2024-09-30 | $0.13 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adamas One Corp. Common Stock 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): -721.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2237.16%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 4.13x
- Recent ROE (-721.75%) is below the historical average (-288.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.49 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.77 Million |
| 2022 | 0.00% | -618.79% | 0.22x | 0.00x | $-10.59 Million |
| 2023 | -721.75% | -2237.16% | 0.08x | 4.13x | $-22.86 Million |
| 2024 | -721.75% | -2237.16% | 0.08x | 4.13x | $-22.86 Million |
Industry Comparison
This section compares Adamas One Corp. Common Stock's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $339,085,857
- Average return on equity (ROE) among peers: -32.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adamas One Corp. Common Stock (JEWL) | $-1.66 Million | 0.00% | N/A | $3.80K |
| Birks Group Inc (BGI) | $44.15 Million | -174.39% | 4.89x | $8.43 Million |
| Brilliant Earth Group Inc (BRLT) | $-91.52 Million | 0.00% | 0.00x | $25.05 Million |
| Capri Holdings Ltd (CPRI) | $1.60 Billion | -73.88% | 3.18x | $2.18 Billion |
| Charles & Colvard Ltd (CTHR) | $57.97 Million | 10.13% | 0.10x | $1.41 Million |
| Envela Corp (ELA) | $2.90 Million | 13.79% | 1.34x | $337.03 Million |
| Lanvin Group Holdings Limited (LANV) | $250.40 Million | -44.23% | 1.31x | $185.94 Million |
| LuxExperience B.V. (LUXE) | $385.72 Million | -8.45% | 0.35x | $1.16 Billion |
| Movado Group Inc (MOV) | $354.73 Million | -12.66% | 0.25x | $430.48 Million |
| MYT Netherlands Parent BV (MYTE) | $447.43 Million | -3.38% | 0.55x | $1.04 Billion |
About Adamas One Corp. Common Stock
Adamas One Corp., a diamond company, produces single crystal diamonds and diamond materials through CVD process for diamond jewelry industry and industrial markets in the United States and internationally. Adamas One Corp. was incorporated in 2018 and is based in Scottsdale, Arizona.