Comstock Mining Inc
Comstock Inc. engages in the systemic decarbonization business in Nevada and internationally. The company operates through five segments: Fuels, Metals, Mining, Strategic Investments, and Corporate Services. It develops and commercializes technology that extract and convert wasted and unused lignocellulosic biomass into intermediates for refining into advanced renewable fuels. The company also ow… Read more
Comstock Mining Inc (LODE) - Net Assets
Latest net assets as of September 2025: $121.69 Million USD
Based on the latest financial reports, Comstock Mining Inc (LODE) has net assets worth $121.69 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($176.29 Million) and total liabilities ($54.60 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 | $121.69 Million |
| % of Total Assets | 69.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | 88.08% |
| 10-Year Change | 218.61% |
| Growth Volatility | 71.02 |
Comstock Mining Inc - Net Assets Trend (2001–2024)
This chart illustrates how Comstock Mining Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Comstock Mining Inc (2001–2024)
The table below shows the annual net assets of Comstock Mining Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $59.77 Million | -23.64% |
| 2023-12-31 | $78.28 Million | +38.88% |
| 2022-12-31 | $56.36 Million | -39.37% |
| 2021-12-31 | $92.97 Million | +192.55% |
| 2020-12-31 | $31.78 Million | +35.27% |
| 2019-12-31 | $23.49 Million | +150.32% |
| 2018-12-31 | $9.38 Million | -20.90% |
| 2017-12-31 | $11.87 Million | -17.70% |
| 2016-12-31 | $14.42 Million | -23.15% |
| 2015-12-31 | $18.76 Million | -15.65% |
| 2014-12-31 | $22.24 Million | +9.87% |
| 2013-12-31 | $20.24 Million | +10.05% |
| 2012-12-31 | $18.39 Million | +10.83% |
| 2011-12-31 | $16.60 Million | -32.71% |
| 2010-12-31 | $24.67 Million | +190.77% |
| 2009-12-31 | $-27.17 Million | -13.74% |
| 2008-12-31 | $-23.89 Million | -38.89% |
| 2007-12-31 | $-17.20 Million | -9.57% |
| 2006-12-31 | $-15.70 Million | -9199.19% |
| 2005-12-31 | $-168.82K | 0.00% |
| 2004-12-31 | $-168.82K | -101.03% |
| 2003-12-31 | $16.31 Million | +34163.21% |
| 2002-12-31 | $-47.89K | +72.31% |
| 2001-12-31 | $-172.94K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Comstock Mining Inc'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 33565100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $156.59K | 0.26% |
| Other Components | $395.26 Million | 661.32% |
| Total Equity | $59.77 Million | 100.00% |
Comstock Mining Inc Competitors by Market Cap
The table below lists competitors of Comstock Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GULF MARINE SVCS LS -02
F:G0M
|
$143.98 Million |
|
Aspo Oyj
HE:ASPO
|
$144.00 Million |
|
Shanghai Serum Bio-Technology Co. Ltd. A
SHG:688163
|
$144.05 Million |
|
Nanjing Wondux Environmental Protection Technology Corp Ltd
SHG:688178
|
$144.06 Million |
|
A-LIVING SM.CI.SV. H YC 1
F:1V0
|
$143.97 Million |
|
Skipper Limited
NSE:SKIPPER
|
$143.96 Million |
|
Yantai Yatong Precision Mechanical Corp. A
SHG:603190
|
$143.96 Million |
|
LF Corp
KO:093050
|
$143.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Comstock Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,277,172 to 59,769,000, a change of -18,508,172 (-23.6%).
- Net loss of 53,321,000 reduced equity.
- New share issuances of 7,213,710 increased equity.
- Other factors increased equity by 27,599,118.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-53.32 Million | -89.21% |
| Share Issuances | $7.21 Million | +12.07% |
| Other Changes | $27.60 Million | +46.18% |
| Total Change | $- | -23.64% |
Book Value vs Market Value Analysis
This analysis compares Comstock Mining Inc'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: 0.87x
- 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 |
|---|---|---|---|
| 2001-12-31 | $-8235.43 | $3.12 | x |
| 2002-12-31 | $-4.04 | $3.12 | x |
| 2003-12-31 | $1207.09 | $3.12 | x |
| 2004-12-31 | $-0.90 | $3.12 | x |
| 2005-12-31 | $-9.04 | $3.12 | x |
| 2006-12-31 | $-223.79 | $3.12 | x |
| 2007-12-31 | $-10.81 | $3.12 | x |
| 2008-12-31 | $-76.02 | $3.12 | x |
| 2009-12-31 | $-76.55 | $3.12 | x |
| 2010-12-31 | $62.49 | $3.12 | x |
| 2011-12-31 | $33.68 | $3.12 | x |
| 2012-12-31 | $44.71 | $3.12 | x |
| 2013-12-31 | $49.21 | $3.12 | x |
| 2014-12-31 | $54.06 | $3.12 | x |
| 2015-12-31 | $42.61 | $3.12 | x |
| 2016-12-31 | $20.41 | $3.12 | x |
| 2017-12-31 | $14.42 | $3.12 | x |
| 2018-12-31 | $7.87 | $3.12 | x |
| 2019-12-31 | $11.94 | $3.12 | x |
| 2020-12-31 | $10.40 | $3.12 | x |
| 2021-12-31 | $17.77 | $3.12 | x |
| 2022-12-31 | $7.20 | $3.12 | x |
| 2023-12-31 | $7.44 | $3.12 | x |
| 2024-12-31 | $3.60 | $3.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Comstock Mining Inc 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): -89.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1767.94%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.53x
- Recent ROE (-89.21%) is below the historical average (-47.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -2441.40% | 0.08x | 0.00x | $-67.45K |
| 2002 | 0.00% | -6821.87% | 0.81x | 0.00x | $-74.14K |
| 2003 | -22.71% | -195929.09% | 0.00x | 1.07x | $-5.34 Million |
| 2004 | 0.00% | -531.73% | 0.10x | 0.00x | $-5.06 Million |
| 2005 | 0.00% | -531.73% | 0.10x | 0.00x | $-5.06 Million |
| 2006 | 0.00% | -351.91% | 0.35x | 0.00x | $-2.85 Million |
| 2007 | 0.00% | -1025.77% | 0.11x | 0.00x | $-2.34 Million |
| 2008 | 0.00% | -4168.39% | 0.11x | 0.00x | $-14.10 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.35 Million |
| 2010 | -244.57% | -0.04% | 4559.27x | 1.50x | $-62.79 Million |
| 2011 | -69.93% | -2451.75% | 0.02x | 1.63x | $-13.27 Million |
| 2012 | -167.24% | -598.65% | 0.11x | 2.60x | $-32.60 Million |
| 2013 | -105.45% | -85.98% | 0.56x | 2.17x | $-23.37 Million |
| 2014 | -43.34% | -37.68% | 0.55x | 2.09x | $-11.86 Million |
| 2015 | -55.73% | -56.53% | 0.43x | 2.30x | $-12.33 Million |
| 2016 | -89.93% | -255.70% | 0.15x | 2.35x | $-14.41 Million |
| 2017 | -89.14% | -10137.33% | 0.00x | 2.61x | $-11.76 Million |
| 2018 | -101.02% | -6308.35% | 0.01x | 3.05x | $-10.42 Million |
| 2019 | -16.39% | -2118.70% | 0.00x | 1.70x | $-6.13 Million |
| 2020 | 46.99% | 7403.06% | 0.00x | 1.36x | $11.75 Million |
| 2021 | -27.45% | -2851.38% | 0.01x | 1.42x | $-33.54 Million |
| 2022 | -85.73% | -25792.17% | 0.00x | 1.87x | $-51.31 Million |
| 2023 | 11.70% | 718.88% | 0.01x | 1.36x | $1.33 Million |
| 2024 | -89.21% | -1767.94% | 0.03x | 1.53x | $-59.30 Million |
Industry Comparison
This section compares Comstock Mining Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Comstock Mining Inc (LODE) | $121.69 Million | 0.00% | 0.45x | $143.98 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |