Dominion Resources Black Warrior Trust
Dominion Resources Black Warrior Trust operates as a grantor trust in the United States. The company acquires and holds various overriding royalty interests burdening proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama. Dominion Resources Black Warrior Trust was founded in 1994 and is based in Dallas, Texas.
Dominion Resources Black Warrior Trust (DOMR) - Net Assets
Latest net assets as of September 2015: $3.23 Million USD
Based on the latest financial reports, Dominion Resources Black Warrior Trust (DOMR) has net assets worth $3.23 Million USD as of September 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.93 Million) and total liabilities ($699.15K). 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 | $3.23 Million |
| % of Total Assets | 82.2% |
| Annual Growth Rate | -14.14% |
| 5-Year Change | -53.37% |
| 10-Year Change | -77.54% |
| Growth Volatility | 2.82 |
Dominion Resources Black Warrior Trust - Net Assets Trend (2000–2014)
This chart illustrates how Dominion Resources Black Warrior Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dominion Resources Black Warrior Trust (2000–2014)
The table below shows the annual net assets of Dominion Resources Black Warrior Trust from 2000 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-12-31 | $7.77 Million | -12.93% |
| 2013-12-31 | $8.92 Million | -18.93% |
| 2012-12-31 | $11.00 Million | -20.99% |
| 2011-12-31 | $13.93 Million | -16.37% |
| 2010-12-31 | $16.65 Million | -13.92% |
| 2009-12-31 | $19.35 Million | -15.67% |
| 2008-12-31 | $22.94 Million | -12.95% |
| 2007-12-31 | $26.35 Million | -13.44% |
| 2006-12-31 | $30.44 Million | -11.97% |
| 2005-12-31 | $34.58 Million | -13.15% |
| 2004-12-31 | $39.82 Million | -10.90% |
| 2003-12-31 | $44.69 Million | -11.40% |
| 2002-12-31 | $50.44 Million | -12.59% |
| 2001-12-31 | $57.71 Million | -12.00% |
| 2000-12-31 | $65.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dominion Resources Black Warrior Trust'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.77 Million | 100.00% |
| Total Equity | $7.77 Million | 100.00% |
Dominion Resources Black Warrior Trust Competitors by Market Cap
The table below lists competitors of Dominion Resources Black Warrior Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenbelt Resources Corp
PINK:GRCO
|
$0.99 |
|
Mediag3 Inc.
PINK:MDGC
|
$0.99 |
|
NanoTech Gaming Inc
PINK:NTGL
|
$0.99 |
|
SPO Networks Inc
PINK:SPOI
|
$0.99 |
|
Digitcom Corp
OTCGREY:DGIV
|
$0.99 |
|
Renewable Energy Trade Board Corp
PINK:EBODF
|
$0.99 |
|
Coin Citadel
PINK:CCTL
|
$0.99 |
|
Ggtoor Inc
PINK:GTOR
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dominion Resources Black Warrior Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from 8,920,146 to 7,766,371, a change of -1,153,775 (-12.9%).
- Net income of 5,845,857 contributed positively to equity growth.
- Other factors decreased equity by 6,999,632.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.85 Million | +75.27% |
| Other Changes | $-7.00 Million | -90.13% |
| Total Change | $- | -12.93% |
Book Value vs Market Value Analysis
This analysis compares Dominion Resources Black Warrior Trust'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 |
|---|---|---|---|
| 1994-12-31 | $17.77 | $0.00 | x |
| 1995-12-31 | $15.99 | $0.00 | x |
| 1996-12-31 | $13.96 | $0.00 | x |
| 1998-12-31 | $10.89 | $0.00 | x |
| 1999-12-31 | $9.59 | $0.00 | x |
| 2000-12-31 | $8.36 | $0.00 | x |
| 2001-12-31 | $7.35 | $0.00 | x |
| 2002-12-31 | $6.42 | $0.00 | x |
| 2003-12-31 | $5.70 | $0.00 | x |
| 2004-12-31 | $5.08 | $0.00 | x |
| 2005-12-31 | $4.40 | $0.00 | x |
| 2006-12-31 | $3.88 | $0.00 | x |
| 2007-12-31 | $3.35 | $0.00 | x |
| 2008-12-31 | $2.92 | $0.00 | x |
| 2009-12-31 | $2.46 | $0.00 | x |
| 2010-12-31 | $2.12 | $0.00 | x |
| 2011-12-31 | $1.77 | $0.00 | x |
| 2012-12-31 | $1.40 | $0.00 | x |
| 2013-12-31 | $1.14 | $0.00 | x |
| 2014-12-31 | $0.99 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dominion Resources Black Warrior Trust 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): 75.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 82.81%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.02x
- Recent ROE (75.27%) is above the historical average (51.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 5.23% | 96.05% | 0.05x | 1.00x | $-6.65 Million |
| 1995 | 16.69% | 96.96% | 0.17x | 1.00x | $8.39 Million |
| 1996 | 23.20% | 97.73% | 0.24x | 1.00x | $14.47 Million |
| 1998 | 25.99% | 97.27% | 0.27x | 1.00x | $13.67 Million |
| 1999 | 25.75% | 96.77% | 0.27x | 1.00x | $11.86 Million |
| 2000 | 30.85% | 96.91% | 0.32x | 1.00x | $13.67 Million |
| 2001 | 43.70% | 97.22% | 0.45x | 1.00x | $19.44 Million |
| 2002 | 36.92% | 95.91% | 0.38x | 1.00x | $13.58 Million |
| 2003 | 44.39% | 95.61% | 0.46x | 1.00x | $15.37 Million |
| 2004 | 58.89% | 96.27% | 0.61x | 1.00x | $19.47 Million |
| 2005 | 89.72% | 97.21% | 0.92x | 1.01x | $27.57 Million |
| 2006 | 100.07% | 97.02% | 1.02x | 1.01x | $27.42 Million |
| 2007 | 79.35% | 95.22% | 0.82x | 1.01x | $18.28 Million |
| 2008 | 111.78% | 96.50% | 1.15x | 1.00x | $23.35 Million |
| 2009 | 57.88% | 90.08% | 0.64x | 1.01x | $9.26 Million |
| 2010 | 55.16% | 89.98% | 0.61x | 1.01x | $7.52 Million |
| 2011 | 52.85% | 88.05% | 0.59x | 1.01x | $5.97 Million |
| 2012 | 38.58% | 79.48% | 0.48x | 1.01x | $3.15 Million |
| 2013 | 60.26% | 83.67% | 0.71x | 1.02x | $4.48 Million |
| 2014 | 75.27% | 82.81% | 0.89x | 1.02x | $5.07 Million |
Industry Comparison
This section compares Dominion Resources Black Warrior Trust's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $948,576,218
- Average return on equity (ROE) among peers: -18.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dominion Resources Black Warrior Trust (DOMR) | $3.23 Million | 5.23% | 0.22x | $0.99 |
| Atrium Mortgage Investment Corporation (AMIVF) | $482.21 Million | 10.68% | 0.82x | $339.62 Million |
| AVVAA World Health Care Products Inc (AVVH) | $-41.07K | 0.00% | 0.00x | $16.78 |
| Better Home & Finance Holding Company (BETR) | $15.42 Million | 64.09% | 22.39x | $351.94 Million |
| Eastside Distilling, Inc. (BLNE) | $1.58 Million | -256.44% | 0.29x | $50.97 Million |
| Dominion Lending Centres Inc (BRLGF) | $157.84 Million | -4.27% | 1.04x | $184.06 Million |
| CNFinance Holdings Ltd (CNF) | $6.11 Billion | 1.07% | 1.36x | $38.54 Million |
| Mr. Cooper Group Inc (COOP) | $882.60 Million | 10.81% | 9.17x | $13.29 Billion |
| DVL Inc (DVLN) | $7.57 Million | 6.67% | 5.00x | $18.05 Million |
| ECN Capital Corp. (ECNNF) | $879.03 Million | -1.68% | 0.96x | $1.32 Billion |