Diamondhead Casino Corp
Diamondhead Casino Corporation does not have significant operations. The company intends to construct a casino resort and other amenities on the Diamondhead, Mississippi Property. The company was formerly known as Europa Cruises Corporation and changed its name to Diamondhead Casino Corporation in November 2002. Diamondhead Casino Corporation was incorporated in 1988 and is based in Alexandria, V… Read more
Diamondhead Casino Corp (DHCC) - Net Assets
Latest net assets as of March 2025: $-12.91 Million USD
Based on the latest financial reports, Diamondhead Casino Corp (DHCC) has net assets worth $-12.91 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.47 Million) and total liabilities ($18.38 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 | $-12.91 Million |
| % of Total Assets | -236.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 108.23 |
Diamondhead Casino Corp - Net Assets Trend (1989–2024)
This chart illustrates how Diamondhead Casino Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Diamondhead Casino Corp (1989–2024)
The table below shows the annual net assets of Diamondhead Casino Corp from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-14.74 Million | -14.56% |
| 2023-12-31 | $-12.86 Million | -7.23% |
| 2022-12-31 | $-11.99 Million | -18.21% |
| 2021-12-31 | $-10.15 Million | -41.13% |
| 2020-12-31 | $-7.19 Million | 0.00% |
| 2019-12-31 | $-7.19 Million | -23.70% |
| 2018-12-31 | $-5.81 Million | -30.82% |
| 2017-12-31 | $-4.44 Million | -28.54% |
| 2016-12-31 | $-3.46 Million | -59.18% |
| 2015-12-31 | $-2.17 Million | +13.83% |
| 2014-12-31 | $-2.52 Million | -402.72% |
| 2013-12-31 | $832.40K | -75.62% |
| 2010-12-31 | $3.41 Million | -20.44% |
| 2009-12-31 | $4.29 Million | -18.35% |
| 2008-12-31 | $5.26 Million | -12.28% |
| 2007-12-31 | $5.99 Million | -10.21% |
| 2006-12-31 | $6.67 Million | +44.32% |
| 2005-12-31 | $4.62 Million | +2.21% |
| 2004-12-31 | $4.52 Million | -12.55% |
| 2003-12-31 | $5.17 Million | -7.16% |
| 2002-12-31 | $5.57 Million | -12.51% |
| 2001-12-31 | $6.37 Million | -8.56% |
| 2000-12-31 | $6.97 Million | -7.63% |
| 1999-12-31 | $7.54 Million | +9.15% |
| 1998-12-31 | $6.91 Million | -29.28% |
| 1997-12-31 | $9.77 Million | -12.24% |
| 1996-12-31 | $11.13 Million | +14.70% |
| 1995-12-31 | $9.71 Million | +246.64% |
| 1993-12-31 | $2.80 Million | -45.10% |
| 1992-12-31 | $5.10 Million | +2.00% |
| 1991-12-31 | $5.00 Million | +150.00% |
| 1990-12-31 | $2.00 Million | -51.22% |
| 1989-12-31 | $4.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Diamondhead Casino Corp'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 9853.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $39.05K | % |
| Other Comprehensive Income | $-2.37 Million | % |
| Other Components | $36.36 Million | % |
| Total Equity | $-14.74 Million | 100.00% |
Diamondhead Casino Corp Competitors by Market Cap
The table below lists competitors of Diamondhead Casino Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DELATTRE LEVIVIER MAROC
BC:DELATTRE-LEVIVIER-MAROC
|
$36.30K |
|
Saatvik Green Energy Limited
NSE:SAATVIKGL
|
$36.31K |
|
AGRO3F
SA:AGRO3F
|
$36.32K |
|
Advantex Marketing International Inc
PINK:ATXMF
|
$36.32K |
|
REN - Dusseldorf Stock Exchang
DU:RN4
|
$36.27K |
|
GR BUSSINES SO
F:INW
|
$36.25K |
|
SGL CARBON - Dusseldorf Stock Exchang
DU:SGL
|
$36.23K |
|
Octopus Renewables Infra Trust
LSE:ORIT
|
$36.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diamondhead Casino Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -12,862,703 to -14,735,804, a change of -1,873,101.
- Net loss of 1,802,275 reduced equity.
- Dividend payments of 15,000 reduced retained earnings.
- Other comprehensive income increased equity by 118,602.
- Other factors decreased equity by 174,428.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.80 Million | -12.23% |
| Dividends Paid | $15.00K | -0.1% |
| Other Comprehensive Income | $118.60K | +0.8% |
| Other Changes | $-174.43K | -1.18% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Diamondhead Casino Corp'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 |
|---|---|---|---|
| 1989-12-31 | $0.21 | $0.10 | x |
| 1990-12-31 | $0.10 | $0.10 | x |
| 1991-12-31 | $0.26 | $0.10 | x |
| 1992-12-31 | $0.27 | $0.10 | x |
| 1993-12-31 | $0.15 | $0.10 | x |
| 1995-12-31 | $0.55 | $0.10 | x |
| 1996-12-31 | $0.55 | $0.10 | x |
| 1997-12-31 | $0.43 | $0.10 | x |
| 1998-12-31 | $0.30 | $0.10 | x |
| 1999-12-31 | $0.30 | $0.10 | x |
| 2000-12-31 | $0.24 | $0.10 | x |
| 2001-12-31 | $0.22 | $0.10 | x |
| 2002-12-31 | $0.19 | $0.10 | x |
| 2003-12-31 | $0.18 | $0.10 | x |
| 2004-12-31 | $0.15 | $0.10 | x |
| 2005-12-31 | $0.15 | $0.10 | x |
| 2006-12-31 | $0.21 | $0.10 | x |
| 2007-12-31 | $0.18 | $0.10 | x |
| 2008-12-31 | $0.16 | $0.10 | x |
| 2009-12-31 | $0.13 | $0.10 | x |
| 2010-12-31 | $0.10 | $0.10 | x |
| 2013-12-31 | $0.02 | $0.10 | x |
| 2014-12-31 | $-0.07 | $0.10 | x |
| 2015-12-31 | $-0.05 | $0.10 | x |
| 2016-12-31 | $-0.10 | $0.10 | x |
| 2017-12-31 | $-0.12 | $0.10 | x |
| 2018-12-31 | $-0.16 | $0.10 | x |
| 2019-12-31 | $-0.20 | $0.10 | x |
| 2020-12-31 | $-0.20 | $0.10 | x |
| 2021-12-31 | $-0.28 | $0.10 | x |
| 2022-12-31 | $-0.33 | $0.10 | x |
| 2023-12-31 | $-0.34 | $0.10 | x |
| 2024-12-31 | $-0.41 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diamondhead Casino Corp 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-23.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 4.88% | 2.74% | 0.92x | 1.93x | $-210.00K |
| 1990 | -105.00% | -20.00% | 1.50x | 3.50x | $-2.30 Million |
| 1991 | 22.00% | 10.78% | 1.11x | 1.84x | $600.00K |
| 1992 | -23.53% | -8.39% | 1.05x | 2.67x | $-1.71 Million |
| 1993 | -153.57% | -34.68% | 0.71x | 6.25x | $-4.58 Million |
| 1995 | -16.20% | -8.17% | 0.90x | 2.20x | $-2.54 Million |
| 1996 | -0.15% | -0.09% | 0.88x | 1.96x | $-1.13 Million |
| 1997 | -18.01% | -8.44% | 1.04x | 2.06x | $-2.74 Million |
| 1998 | -42.90% | -17.64% | 0.88x | 2.75x | $-3.65 Million |
| 1999 | -11.93% | -10.69% | 0.50x | 2.23x | $-1.65 Million |
| 2000 | -9.49% | -31.24% | 0.19x | 1.62x | $-1.36 Million |
| 2001 | -9.29% | -153.83% | 0.05x | 1.28x | $-1.23 Million |
| 2002 | -14.05% | -290.74% | 0.04x | 1.31x | $-1.34 Million |
| 2003 | -8.14% | -122.53% | 0.05x | 1.25x | $-938.36K |
| 2004 | -14.15% | -381.92% | 0.03x | 1.32x | $-1.09 Million |
| 2005 | -13.88% | -349.73% | 0.03x | 1.29x | $-1.10 Million |
| 2006 | -24.72% | 0.00% | 0.00x | 1.03x | $-2.32 Million |
| 2007 | -19.27% | 0.00% | 0.00x | 1.03x | $-1.75 Million |
| 2008 | -59.44% | 0.00% | 0.00x | 1.10x | $-3.65 Million |
| 2009 | -24.88% | 0.00% | 0.00x | 1.28x | $-1.50 Million |
| 2010 | -54.85% | 0.00% | 0.00x | 1.72x | $-2.21 Million |
| 2013 | -169.99% | 0.00% | 0.00x | 6.60x | $-1.50 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.02 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $371.98K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-837.36K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-763.70K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-707.79K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-557.04K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-557.02K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.22 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.51 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-224.73K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-328.69K |
Industry Comparison
This section compares Diamondhead Casino Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Diamondhead Casino Corp (DHCC) | $-12.91 Million | 4.88% | N/A | $36.30K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |