Dominion Water Reserves Corp
Prime Drink Group Corp., together with its subsidiaries, develops and acquires spring water sources in Canada. Its water rights comprise six principal water sources, such as Duhamel, Notre-Dame-du-Laus, Coloraine, Sainte-Cécile-de-Whitton, Saint-Élie-de-Caxton, and St-Siméon. The company was formerly known as Dominion Water Reserves Corp. and changed its name to Prime Drink Group Corp. in Novembe… Read more
Dominion Water Reserves Corp (DOMWF) - Net Assets
Latest net assets as of September 2025: $-49.22 Million USD
Based on the latest financial reports, Dominion Water Reserves Corp (DOMWF) has net assets worth $-49.22 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 ($6.79 Million) and total liabilities ($56.01 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 | $-49.22 Million |
| % of Total Assets | -725.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | 481.79% |
| 10-Year Change | N/A |
| Growth Volatility | 86.68 |
Dominion Water Reserves Corp - Net Assets Trend (2018–2024)
This chart illustrates how Dominion Water Reserves 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 Dominion Water Reserves Corp (2018–2024)
The table below shows the annual net assets of Dominion Water Reserves Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $29.44 Million | +235.46% |
| 2023-12-31 | $8.77 Million | +3.02% |
| 2022-12-31 | $8.52 Million | +37.28% |
| 2021-12-31 | $6.20 Million | +22.62% |
| 2020-12-31 | $5.06 Million | +18.95% |
| 2019-12-31 | $4.25 Million | +5624.94% |
| 2018-12-31 | $-76.99K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dominion Water Reserves 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 1311997000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.55 Million | 130.97% |
| Other Comprehensive Income | $4.76 Million | 16.18% |
| Total Equity | $29.44 Million | 100.00% |
Dominion Water Reserves Corp Competitors by Market Cap
The table below lists competitors of Dominion Water Reserves Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medivir AB
ST:MVIR
|
$4.50 Million |
|
World Flex PCL
BK:WFX
|
$4.50 Million |
|
POD POINT GROUP LS -0001
F:6EO
|
$4.50 Million |
|
ASHFORD HOSPIT.TRUST
F:AHD
|
$4.50 Million |
|
Kothari Products Limited
NSE:KOTHARIPRO
|
$4.49 Million |
|
Mixed Martial Arts Group Limited
NYSE MKT:MMA
|
$4.49 Million |
|
PMHS
PINK:PMHS
|
$4.49 Million |
|
Humpuss Intermoda Transportasi
JK:HITS
|
$4.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dominion Water Reserves Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,774,835 to 29,436,049, a change of 20,661,214 (235.5%).
- Net loss of 3,860,888 reduced equity.
- New share issuances of 12,222,125 increased equity.
- Other comprehensive income increased equity by 1,382,162.
- Other factors increased equity by 10,917,815.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.86 Million | -13.12% |
| Share Issuances | $12.22 Million | +41.52% |
| Other Comprehensive Income | $1.38 Million | +4.7% |
| Other Changes | $10.92 Million | +37.09% |
| Total Change | $- | 235.46% |
Book Value vs Market Value Analysis
This analysis compares Dominion Water Reserves 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
- Current price-to-book ratio: 0.49x
- 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 |
|---|---|---|---|
| 2018-12-31 | $-0.01 | $0.10 | x |
| 2019-12-31 | $0.06 | $0.10 | x |
| 2020-12-31 | $0.08 | $0.10 | x |
| 2021-12-31 | $0.07 | $0.10 | x |
| 2022-12-31 | $0.08 | $0.10 | x |
| 2023-12-31 | $0.06 | $0.10 | x |
| 2024-12-31 | $0.20 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dominion Water Reserves 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): -13.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -331.40%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 2.72x
- Recent ROE (-13.12%) is above the historical average (-25.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-88.98K |
| 2019 | -11.93% | 0.00% | 0.00x | 1.15x | $-932.80K |
| 2020 | -107.23% | 0.00% | 0.00x | 1.06x | $-5.93 Million |
| 2021 | -25.13% | 0.00% | 0.00x | 1.02x | $-2.18 Million |
| 2022 | -9.48% | 0.00% | 0.00x | 1.01x | $-1.66 Million |
| 2023 | -11.45% | 0.00% | 0.00x | 1.01x | $-1.88 Million |
| 2024 | -13.12% | -331.40% | 0.01x | 2.72x | $-6.80 Million |
Industry Comparison
This section compares Dominion Water Reserves Corp's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,225,632,883
- Average return on equity (ROE) among peers: -36.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dominion Water Reserves Corp (DOMWF) | $-49.22 Million | 0.00% | N/A | $4.49 Million |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $16.05 Million | -4.69% | 1.06x | $577.25 Million |
| Artesian Resources Corporation (ARTNA) | $139.02 Million | 9.32% | 2.24x | $295.24 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $15.29 Billion | 3.95% | 1.79x | $59.96 Million |
| American Water Works (AWK) | $364.50 Million | 12.87% | 2.79x | $26.06 Billion |
| Beijing Enterprises Water Group Limited (BJWTY) | $15.92 Billion | 6.81% | 1.77x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.97 Million | -121.40% | 1.43x | $284.80 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $107.34 Million | 7.01% | 0.29x | $468.34 Million |
| California Water Service Group (CWT) | $389.18 Million | 8.01% | 2.04x | $2.62 Billion |