Diamond Holdings Inc
Diamond Holdings, Inc. focuses on the evaluation and development of early-stage vanadium and rare earth metal exploration properties. The company was formerly known as Venture Vanadium Inc. and changed its name to Diamond Holdings, Inc. in August 2021. The company was founded in 2016 and is based in Fairhope, Alabama.
Diamond Holdings Inc (DIAH) - Net Assets
Latest net assets as of July 2021: $788.37K USD
Based on the latest financial reports, Diamond Holdings Inc (DIAH) has net assets worth $788.37K USD as of July 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.03 Million) and total liabilities ($241.74K). 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 | $788.37K |
| % of Total Assets | 76.53% |
| Annual Growth Rate | 307.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 260.77 |
Diamond Holdings Inc - Net Assets Trend (2016–2020)
This chart illustrates how Diamond Holdings 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 Diamond Holdings Inc (2016–2020)
The table below shows the annual net assets of Diamond Holdings Inc from 2016 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-10-31 | $791.08K | +411.76% |
| 2019-10-31 | $154.58K | +2306.08% |
| 2018-10-31 | $-7.01K | -149.03% |
| 2017-10-31 | $14.29K | +396.22% |
| 2016-10-31 | $2.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Diamond Holdings 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 61207600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $56.05K | 7.08% |
| Other Comprehensive Income | $120.00K | 15.17% |
| Other Components | $1.23 Million | 155.13% |
| Total Equity | $791.08K | 100.00% |
Diamond Holdings Inc Competitors by Market Cap
The table below lists competitors of Diamond Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nord Precious Metals Mining Inc.
OTCQB:CCWOD
|
$1.01K |
|
JATU PLC
DSE:JATU
|
$1.01K |
|
Caerus Mineral Resources PLC
LSE:CMRS
|
$1.01K |
|
Ces Synergies Inc
PINK:CESX
|
$1.01K |
|
Oracle Coalfields Plc
LSE:ORCP
|
$1.00K |
|
Neotech Metals Corp.
OTCQB:NTMFF
|
$1.00K |
|
Octopus Digital
KAR:OCTOPUS
|
$1.00K |
|
First Habib Modaraba
KAR:FHAM
|
$1.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diamond Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 154,580 to 791,075, a change of 636,495 (411.8%).
- Net loss of 388,504 reduced equity.
- Other comprehensive income increased equity by 141,800.
- Other factors increased equity by 883,199.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-388.50K | -49.11% |
| Other Comprehensive Income | $141.80K | +17.92% |
| Other Changes | $883.20K | +111.65% |
| Total Change | $- | 411.76% |
Book Value vs Market Value Analysis
This analysis compares Diamond Holdings 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: 0.00x
- 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.
- The price-to-book ratio has decreased from 0.93x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-10-31 | $0.00 | $0.00 | x |
| 2017-10-31 | $0.00 | $0.00 | x |
| 2018-10-31 | $0.00 | $0.00 | x |
| 2019-10-31 | $0.01 | $0.00 | x |
| 2020-10-31 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diamond Holdings 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): -49.11%
- 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: 1.30x
- Recent ROE (-49.11%) is above the historical average (-67.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -50.00% | 0.00% | 0.00x | 2.08x | $-1.73K |
| 2017 | -119.44% | -79.65% | 0.63x | 2.39x | $-18.50K |
| 2018 | 0.00% | -100.65% | 1.12x | 0.00x | $-20.60K |
| 2019 | -119.81% | 0.00% | 0.00x | 2.01x | $-200.66K |
| 2020 | -49.11% | 0.00% | 0.00x | 1.30x | $-467.61K |
Industry Comparison
This section compares Diamond Holdings Inc'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 |
|---|---|---|---|---|
| Diamond Holdings Inc (DIAH) | $788.37K | -50.00% | 0.31x | $1.00K |
| 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 |