Geodrill Limited
Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to the mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation grade control services. The company operates multi-purpose, core, air-core… Read more
Geodrill Limited (GEODF) - Net Assets
Latest net assets as of September 2025: $128.84 Million USD
Based on the latest financial reports, Geodrill Limited (GEODF) has net assets worth $128.84 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 ($178.03 Million) and total liabilities ($49.18 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 | $128.84 Million |
| % of Total Assets | 72.37% |
| Annual Growth Rate | 11.78% |
| 5-Year Change | 63.6% |
| 10-Year Change | N/A |
| Growth Volatility | 6.91 |
Geodrill Limited - Net Assets Trend (2018–2024)
This chart illustrates how Geodrill Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Geodrill Limited (2018–2024)
The table below shows the annual net assets of Geodrill Limited from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $119.53 Million | +8.70% |
| 2023-12-31 | $109.96 Million | +2.71% |
| 2022-12-31 | $107.06 Million | +22.31% |
| 2021-12-31 | $87.53 Million | +19.80% |
| 2020-12-31 | $73.06 Million | +11.04% |
| 2019-12-31 | $65.80 Million | +7.41% |
| 2018-12-31 | $61.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Geodrill Limited'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 grown by 154.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $87.38 Million | 72.89% |
| Other Components | $32.49 Million | 27.11% |
| Total Equity | $119.88 Million | 100.00% |
Geodrill Limited Competitors by Market Cap
The table below lists competitors of Geodrill Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NACL Industries Limited
NSE:NACLIND
|
$46.94 Million |
|
Icure Pharmaceutical Incorporation
KQ:175250
|
$46.95 Million |
|
Derluks Yatirim Holding AS
IS:DERHL
|
$46.97 Million |
|
Codes Combine Co. Ltd
KQ:047770
|
$46.97 Million |
|
Hi-Lai Foods Co Ltd
TWO:1268
|
$46.94 Million |
|
Datalex
IR:DLE
|
$46.93 Million |
|
Noble Development Public Company Limited
BK:NOBLE
|
$46.91 Million |
|
Eisen- und Hüttenwerke AG
F:EIS
|
$46.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Geodrill Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 110,117,979 to 119,876,296, a change of 9,758,317 (8.9%).
- Net income of 9,258,776 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.26 Million | +7.72% |
| Other Changes | $499.54K | +0.42% |
| Total Change | $- | 8.86% |
Book Value vs Market Value Analysis
This analysis compares Geodrill Limited'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: 0.78x
- 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.
- The price-to-book ratio has decreased from 1.40x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $1.41 | $1.97 | x |
| 2019-12-31 | $1.48 | $1.97 | x |
| 2020-12-31 | $1.65 | $1.97 | x |
| 2021-12-31 | $1.93 | $1.97 | x |
| 2022-12-31 | $2.29 | $1.97 | x |
| 2023-12-31 | $2.35 | $1.97 | x |
| 2024-12-31 | $2.54 | $1.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Geodrill Limited 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): 7.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.47%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.35x
- Recent ROE (7.72%) is below the historical average (8.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 1.08% | 0.75% | 1.04x | 1.39x | $-5.46 Million |
| 2019 | 5.89% | 4.43% | 1.01x | 1.32x | $-2.70 Million |
| 2020 | 10.29% | 9.12% | 0.84x | 1.35x | $211.52K |
| 2021 | 16.15% | 12.27% | 0.99x | 1.33x | $5.38 Million |
| 2022 | 17.67% | 13.65% | 0.98x | 1.32x | $8.21 Million |
| 2023 | 3.54% | 2.99% | 0.88x | 1.35x | $-7.11 Million |
| 2024 | 7.72% | 6.47% | 0.89x | 1.35x | $-2.73 Million |
Industry Comparison
This section compares Geodrill Limited'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: $2,860,622,178
- Average return on equity (ROE) among peers: -17.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Geodrill Limited (GEODF) | $128.84 Million | 1.08% | 0.38x | $46.94 Million |
| Asia Broadband Inc (AABB) | $-613.21K | 0.00% | 0.00x | $228.68 |
| Altair Resources Inc (AAEEF) | $-1.37 Million | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $18.53 Million | -47.33% | 0.52x | $99.81 Million |
| Anglo American plc (AAUKF) | $28.53 Billion | -10.75% | 1.27x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-12.92 Million | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $526.04K | -142.32% | 1.21x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $584.31K | -19.85% | 0.08x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $58.31 Million | -22.45% | 2.63x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-375.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $10.55 Million | 67.11% | 0.22x | $14.34 Million |