GDIGF
Gold Digger Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option agreement to acquire a 100% interest in the Regnault property. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.
GDIGF (GDIGF) - Net Assets
Latest net assets as of September 2024: $1.06 Million USD
Based on the latest financial reports, GDIGF (GDIGF) has net assets worth $1.06 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 ($1.09 Million) and total liabilities ($21.77K). 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 | $1.06 Million |
| % of Total Assets | 98.0% |
| Annual Growth Rate | 16.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.01 |
GDIGF - Net Assets Trend (2021–2023)
This chart illustrates how GDIGF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GDIGF (2021–2023)
The table below shows the annual net assets of GDIGF from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $368.05K | -38.29% |
| 2022-12-31 | $596.38K | +119.72% |
| 2021-12-31 | $271.42K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GDIGF'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 82711100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.40 Million | 380.64% |
| Total Equity | $368.05K | 100.00% |
GDIGF Competitors by Market Cap
The table below lists competitors of GDIGF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pakistan Telecommunication Company Ltd
KAR:PTC
|
$1.67K |
|
CIEL LIMITED
SEM:CIEL
|
$1.67K |
|
Palm Hills Development Company
EGX:PHDC
|
$1.67K |
|
Extracted Oils
EGX:ZEOT
|
$1.68K |
|
Cogia AG
DU:8HC
|
$1.67K |
|
Jujubee SA
WAR:JJB
|
$1.67K |
|
MBLY3F
SA:MBLY3F
|
$1.66K |
|
CH.MEIDONG AUTO.HL.HD-10
F:55M
|
$1.66K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GDIGF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 596,382 to 368,045, a change of -228,337 (-38.3%).
- Net loss of 243,587 reduced equity.
- Other factors increased equity by 15,250.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-243.59K | -66.18% |
| Other Changes | $15.25K | +4.14% |
| Total Change | $- | -38.29% |
Book Value vs Market Value Analysis
This analysis compares GDIGF'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 |
|---|---|---|---|
| 2021-12-31 | $0.02 | $0.00 | x |
| 2022-12-31 | $0.04 | $0.00 | x |
| 2023-12-31 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GDIGF 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): -66.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-66.18%) is above the historical average (-82.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -97.84% | 0.00% | 0.00x | 1.04x | $-643.16K |
| 2023 | -66.18% | 0.00% | 0.00x | 1.03x | $-280.39K |
Industry Comparison
This section compares GDIGF's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GDIGF (GDIGF) | $1.06 Million | -97.84% | 0.02x | $1.67K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |