Namib Minerals Warrants
Namib Minerals operates as a gold producer in Africa and Democratic Republic of Congo. The company owns and operates How Mine, Mazowe Mine, and Redwing Mine located in Zimbabwe, Africa. It also holds interest in 13 exploration permits in the Democratic Republic of Congo. The company was incorporated in 2024 and is based in Grand Cayman, Cayman Islands. Namib Minerals operates as a subsidiary of T… Read more
Namib Minerals Warrants (NAMMW) - Net Assets
Latest net assets as of June 2025: $-153.17 Million USD
Based on the latest financial reports, Namib Minerals Warrants (NAMMW) has net assets worth $-153.17 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.20 Million) and total liabilities ($211.37 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-153.17 Million |
| % of Total Assets | -263.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Namib Minerals Warrants - Net Assets Trend (2021–2024)
This chart illustrates how Namib Minerals Warrants's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Namib Minerals Warrants (2021–2024)
The table below shows the annual net assets of Namib Minerals Warrants from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-30.93 Million | -9.09% |
| 2023-12-31 | $-28.35 Million | -51.24% |
| 2022-12-31 | $-18.74 Million | -105.94% |
| 2021-12-31 | $315.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Namib Minerals Warrants'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 576500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | % |
| Total Equity | $-30.93 Million | 100.00% |
Namib Minerals Warrants Competitors by Market Cap
The table below lists competitors of Namib Minerals Warrants ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Complete Fin Solu
PINK:CFSU
|
$1.41K |
|
PACIFIC TEXTILES
MU:WHE
|
$1.41K |
|
Weidai Ltd.
PINK:WEIDY
|
$1.41K |
|
React Group PLC
LSE:REAT
|
$1.41K |
|
ELEXXION
BE:E8X
|
$1.40K |
|
MediPress Health-Limited Partnership
TA:MPRS
|
$1.40K |
|
Glow Holdings Inc
PINK:GLOH
|
$1.40K |
|
Magma Silver Corp.
V:MGMA
|
$1.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Namib Minerals Warrants's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -28,348,000 to -30,926,000, a change of -2,578,000.
- Net income of 3,588,000 contributed positively to equity growth.
- Dividend payments of 9,018,000 reduced retained earnings.
- Share repurchases of 236,740,000 reduced equity.
- Other factors increased equity by 239,592,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.59 Million | +11.6% |
| Dividends Paid | $9.02 Million | -29.16% |
| Share Repurchases | $236.74 Million | -765.5% |
| Other Changes | $239.59 Million | +774.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Namib Minerals Warrants'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 |
|---|---|---|---|
| 2021-12-31 | $6.95 | $0.15 | x |
| 2022-12-31 | $-0.34 | $0.15 | x |
| 2023-12-31 | $-0.52 | $0.15 | x |
| 2024-12-31 | $-0.57 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Namib Minerals Warrants 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: 4.18%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.80% | 0.00% | 0.00x | 1.09x | $-29.06 Million |
| 2022 | 0.00% | 6.14% | 1.15x | 0.00x | $4.80 Million |
| 2023 | 0.00% | 5.57% | 1.59x | 0.00x | $6.46 Million |
| 2024 | 0.00% | 4.18% | 1.68x | 0.00x | $6.68 Million |
Industry Comparison
This section compares Namib Minerals Warrants's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Namib Minerals Warrants (NAMMW) | $-153.17 Million | 0.80% | N/A | $1.41K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |