Diamond Discov Intl
Diamond Discoveries International Corp. operates as a mineral exploration company. It focuses on the exploration of diamonds, chromium, and gold; and platinum group elements, such as platinum, palladium, and rhodium on its Caribou Property in Thetford Mines, Quebec. The company was founded in 2000 and is based in New York, New York with an additional office in Thetford Mines, Canada. It also has … Read more
Diamond Discov Intl (DMDD) - Net Assets
Latest net assets as of September 2011: $-1.84 Million USD
Based on the latest financial reports, Diamond Discov Intl (DMDD) has net assets worth $-1.84 Million USD as of September 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($248.91K) and total liabilities ($2.09 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 | $-1.84 Million |
| % of Total Assets | -738.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Diamond Discov Intl - Net Assets Trend (2001–2010)
This chart illustrates how Diamond Discov Intl'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 Discov Intl (2001–2010)
The table below shows the annual net assets of Diamond Discov Intl from 2001 to 2010.
| Year | Net Assets | Change |
|---|---|---|
| 2010-12-31 | $-1.88 Million | -10.05% |
| 2009-12-31 | $-1.71 Million | -8.00% |
| 2008-12-31 | $-1.58 Million | +13.63% |
| 2007-12-31 | $-1.83 Million | -32.71% |
| 2006-12-31 | $-1.38 Million | -49.96% |
| 2005-12-31 | $-921.73K | +61.12% |
| 2004-12-31 | $-2.37 Million | -22.45% |
| 2003-12-31 | $-1.94 Million | -23.38% |
| 2002-12-31 | $-1.57 Million | -10.01% |
| 2001-12-31 | $-1.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Diamond Discov Intl'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 1685019500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2010)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $391.88K | % |
| Other Comprehensive Income | $-923.19K | % |
| Other Components | $17.23 Million | % |
| Total Equity | $-1.88 Million | 100.00% |
Diamond Discov Intl Competitors by Market Cap
The table below lists competitors of Diamond Discov Intl ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Technology Solutions Co
PINK:TSCC
|
$0.99 |
|
Health-Chem Corporation
PINK:HCLC
|
$0.99 |
|
Resgreen Group International Inc
PINK:RGGI
|
$0.99 |
|
GeckoSystems International Corp
PINK:GOSY
|
$1.00 |
|
Black Dragon Resource Companies Inc
PINK:BDGR
|
$0.99 |
|
SPO Networks Inc
PINK:SPOI
|
$0.99 |
|
NanoTech Gaming Inc
PINK:NTGL
|
$0.99 |
|
Mediag3 Inc.
PINK:MDGC
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diamond Discov Intl's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2009 to 2010, total equity changed from -1,711,184 to -1,883,076, a change of -171,892.
- Net loss of 94,177 reduced equity.
- Share repurchases of 30,000 reduced equity.
- Other comprehensive income decreased equity by 82,693.
- Other factors increased equity by 34,978.
Equity Change Factors (2009 to 2010)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-94.18K | -5.0% |
| Share Repurchases | $30.00K | -1.59% |
| Other Comprehensive Income | $-82.69K | -4.39% |
| Other Changes | $34.98K | +1.86% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Diamond Discov Intl'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 |
|---|---|---|---|
| 2001-12-31 | $-0.09 | $0.00 | x |
| 2002-12-31 | $-0.09 | $0.00 | x |
| 2003-12-31 | $-0.06 | $0.00 | x |
| 2004-12-31 | $-0.03 | $0.00 | x |
| 2005-12-31 | $-0.01 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $-0.01 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diamond Discov Intl 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 below the historical average (0.00%), 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% | 0.00% | 0.00x | 0.00x | $-878.38K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-721.10K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.03 Million |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.49 Million |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.33 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.91 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.29 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-715.56K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $57.12K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $94.13K |
Industry Comparison
This section compares Diamond Discov Intl'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 |
|---|---|---|---|---|
| Diamond Discov Intl (DMDD) | $-1.84 Million | 0.00% | N/A | $0.99 |
| 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 |