Delta Resources Ltd
Delta Resources Limited, an exploration company, engages in the acquisition, exploration, and development of gold and base metal projects in Canada. Its flagship project includes the 100% owned Delta-1 Gold Property, which consists of 1523 claim units and 23 patents covering an area of approximately 306 square kilometers located in the Thunder Bay district of Ontario. The company was formerly kno… Read more
Delta Resources Ltd (DTARF) - Net Assets
Latest net assets as of September 2025: $1.11 Million USD
Based on the latest financial reports, Delta Resources Ltd (DTARF) has net assets worth $1.11 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 ($2.36 Million) and total liabilities ($1.25 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 | $1.11 Million |
| % of Total Assets | 47.04% |
| Annual Growth Rate | -1.92% |
| 5-Year Change | 173.5% |
| 10-Year Change | -78.68% |
| Growth Volatility | 53.69 |
Delta Resources Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Delta Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Delta Resources Ltd (2001–2024)
The table below shows the annual net assets of Delta Resources Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.07 Million | -28.68% |
| 2023-12-31 | $5.71 Million | +120.93% |
| 2022-12-31 | $2.58 Million | -30.27% |
| 2021-12-31 | $3.70 Million | +148.94% |
| 2020-12-31 | $1.49 Million | +45.84% |
| 2019-12-31 | $1.02 Million | +512.71% |
| 2018-12-31 | $-247.19K | -6934.58% |
| 2017-12-31 | $-3.51K | -100.02% |
| 2016-12-31 | $19.70 Million | +3.25% |
| 2015-12-31 | $19.08 Million | +1.09% |
| 2014-12-31 | $18.88 Million | -0.99% |
| 2013-12-31 | $19.07 Million | +2.67% |
| 2012-12-31 | $18.57 Million | -0.11% |
| 2011-12-31 | $18.59 Million | +1.98% |
| 2010-12-31 | $18.23 Million | +64.95% |
| 2009-12-31 | $11.05 Million | +3.16% |
| 2008-12-31 | $10.71 Million | +4.68% |
| 2007-12-31 | $10.23 Million | -8.49% |
| 2006-12-31 | $11.18 Million | +101.01% |
| 2005-12-31 | $5.56 Million | -10.95% |
| 2004-12-31 | $6.25 Million | +0.69% |
| 2003-12-31 | $6.21 Million | -0.62% |
| 2002-12-31 | $6.24 Million | -1.81% |
| 2001-12-31 | $6.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Delta Resources Ltd'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 5405163400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $51.56 Million | 1267.12% |
| Other Components | $9.44 Million | 232.07% |
| Total Equity | $4.07 Million | 100.00% |
Delta Resources Ltd Competitors by Market Cap
The table below lists competitors of Delta Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Health & Life Co., Ltd.
TWO:1781
|
$12.97 Million |
|
Dish TV India Limited
PINK:DTTVY
|
$12.97 Million |
|
Saga Pure ASA
OL:SAGA
|
$12.98 Million |
|
Voyageur Pharmaceuticals Ltd
PINK:VYYRF
|
$12.98 Million |
|
BeLive Holdings Ordinary Share
NASDAQ:BLIV
|
$12.96 Million |
|
Medion AG
XETRA:MDN
|
$12.96 Million |
|
Malton Bhd
KLSE:6181
|
$12.96 Million |
|
Nordic LEVEL Group AB
ST:LEVEL
|
$12.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delta Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,705,928 to 4,069,302, a change of -1,636,626 (-28.7%).
- Net loss of 6,088,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other factors decreased equity by 548,626.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.09 Million | -149.61% |
| Share Issuances | $5.00 Million | +122.87% |
| Other Changes | $-548.63K | -13.48% |
| Total Change | $- | -28.68% |
Book Value vs Market Value Analysis
This analysis compares Delta Resources Ltd'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: 3.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.01x to 3.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $9.94 | $0.12 | x |
| 2002-12-31 | $9.28 | $0.12 | x |
| 2003-12-31 | $8.78 | $0.12 | x |
| 2004-12-31 | $8.44 | $0.12 | x |
| 2005-12-31 | $6.73 | $0.12 | x |
| 2006-12-31 | $9.45 | $0.12 | x |
| 2007-12-31 | $6.56 | $0.12 | x |
| 2008-12-31 | $5.50 | $0.12 | x |
| 2009-12-31 | $4.68 | $0.12 | x |
| 2010-12-31 | $5.59 | $0.12 | x |
| 2011-12-31 | $4.76 | $0.12 | x |
| 2012-12-31 | $4.21 | $0.12 | x |
| 2013-12-31 | $4.09 | $0.12 | x |
| 2014-12-31 | $4.02 | $0.12 | x |
| 2015-12-31 | $3.02 | $0.12 | x |
| 2016-12-31 | $1.98 | $0.12 | x |
| 2017-12-31 | $0.00 | $0.12 | x |
| 2018-12-31 | $-0.02 | $0.12 | x |
| 2019-12-31 | $0.06 | $0.12 | x |
| 2020-12-31 | $0.05 | $0.12 | x |
| 2021-12-31 | $0.10 | $0.12 | x |
| 2022-12-31 | $0.05 | $0.12 | x |
| 2023-12-31 | $0.06 | $0.12 | x |
| 2024-12-31 | $0.04 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delta Resources Ltd 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): -149.61%
- 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: 1.53x
- Recent ROE (-149.61%) is below the historical average (-32.17%), 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 | -3.92% | 0.00% | 0.00x | 1.07x | $-884.94K |
| 2002 | -3.45% | 0.00% | 0.00x | 1.09x | $-839.64K |
| 2003 | -3.80% | 0.00% | 0.00x | 1.12x | $-856.54K |
| 2004 | -2.27% | 0.00% | 0.00x | 1.14x | $-766.83K |
| 2005 | -1.32% | 0.00% | 0.00x | 1.32x | $-629.79K |
| 2006 | -12.73% | -18541.67% | 0.00x | 1.09x | $-2.54 Million |
| 2007 | -24.25% | -2656.08% | 0.01x | 1.12x | $-3.51 Million |
| 2008 | -6.32% | -7667.76% | 0.00x | 1.12x | $-1.75 Million |
| 2009 | -5.07% | 0.00% | 0.00x | 1.17x | $-1.67 Million |
| 2010 | -11.86% | -156670.14% | 0.00x | 1.14x | $-3.99 Million |
| 2011 | -10.20% | 0.00% | 0.00x | 1.18x | $-3.76 Million |
| 2012 | -5.15% | 0.00% | 0.00x | 1.14x | $-2.81 Million |
| 2013 | 1.92% | 0.00% | 0.00x | 1.06x | $-1.54 Million |
| 2014 | -1.05% | 0.00% | 0.00x | 1.07x | $-2.09 Million |
| 2015 | -2.49% | 0.00% | 0.00x | 1.07x | $-2.38 Million |
| 2016 | -4.03% | 0.00% | 0.00x | 1.07x | $-2.76 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-478.65K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-226.28K |
| 2019 | -79.40% | 0.00% | 0.00x | 1.13x | $-912.02K |
| 2020 | -128.80% | 0.00% | 0.00x | 1.34x | $-2.07 Million |
| 2021 | -40.99% | 0.00% | 0.00x | 1.19x | $-1.89 Million |
| 2022 | -152.67% | 0.00% | 0.00x | 1.34x | $-4.20 Million |
| 2023 | -124.54% | 0.00% | 0.00x | 1.19x | $-7.68 Million |
| 2024 | -149.61% | 0.00% | 0.00x | 1.53x | $-6.49 Million |
Industry Comparison
This section compares Delta Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delta Resources Ltd (DTARF) | $1.11 Million | -3.92% | 1.13x | $12.97 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |