Ditem Explorations Inc
Ditem Explorations Inc., an exploration stage company, focuses on the exploration and development of mineral properties in Québec and Saskatchewan, Canada. The company primarily explores for gold, as well as uranium deposits and rare earth metals. Ditem Explorations Inc. was incorporated in 1993 and is based in Montréal, Canada.
Ditem Explorations Inc (DTEMF) - Net Assets
Latest net assets as of September 2014: $3.85 Million USD
Based on the latest financial reports, Ditem Explorations Inc (DTEMF) has net assets worth $3.85 Million USD as of September 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.27 Million) and total liabilities ($420.92K). 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 | $3.85 Million |
| % of Total Assets | 90.13% |
| Annual Growth Rate | 9.83% |
| 5-Year Change | -63.23% |
| 10-Year Change | 150.22% |
| Growth Volatility | 115.52 |
Ditem Explorations Inc - Net Assets Trend (2001–2013)
This chart illustrates how Ditem Explorations 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 Ditem Explorations Inc (2001–2013)
The table below shows the annual net assets of Ditem Explorations Inc from 2001 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $3.58 Million | -66.07% |
| 2012-12-31 | $10.54 Million | +12.69% |
| 2011-12-31 | $9.36 Million | +1.64% |
| 2010-12-31 | $9.20 Million | -5.40% |
| 2009-12-31 | $9.73 Million | +9.77% |
| 2008-12-31 | $8.86 Million | -17.77% |
| 2007-12-31 | $10.78 Million | +80.60% |
| 2006-12-31 | $5.97 Million | +399.54% |
| 2005-12-31 | $1.19 Million | -16.43% |
| 2004-12-31 | $1.43 Million | -19.09% |
| 2003-12-31 | $1.77 Million | -7.84% |
| 2002-12-31 | $1.92 Million | +65.04% |
| 2001-12-31 | $1.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ditem Explorations 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 1669506400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2013)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.86 Million | 527.17% |
| Other Comprehensive Income | $-21.56K | -0.60% |
| Other Components | $3.47 Million | 96.95% |
| Total Equity | $3.58 Million | 100.00% |
Ditem Explorations Inc Competitors by Market Cap
The table below lists competitors of Ditem Explorations Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NextPoint Capital SOCIMI S.A.
MC:YNPC
|
$91.77K |
|
Idea Acquisition Corp. Units
NASDAQ:IACOU
|
$91.84K |
|
SINTERCAST
BE:B3X
|
$91.84K |
|
MTSA4F
SA:MTSA4F
|
$91.98K |
|
Rebosis Property Fund Ltd
JSE:REA
|
$91.53K |
|
Rebosis
JSE:REB
|
$91.53K |
|
Alussa Energy Acquisition Corp. II
NYSE:ALUB-UN
|
$91.53K |
|
Strats Trust US Cellular GIC
NYSE:GJH
|
$91.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ditem Explorations Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2012 to 2013, total equity changed from 10,543,079 to 3,577,651, a change of -6,965,428 (-66.1%).
- Net loss of 6,975,939 reduced equity.
- Other comprehensive income decreased equity by 3,380.
Equity Change Factors (2012 to 2013)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.98 Million | -194.99% |
| Other Comprehensive Income | $-3.38K | -0.09% |
| Other Changes | $13.89K | +0.39% |
| Total Change | $- | -66.07% |
Book Value vs Market Value Analysis
This analysis compares Ditem Explorations 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: 0.03x
- 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 |
|---|---|---|---|
| 2001-12-31 | $0.22 | $0.00 | x |
| 2002-12-31 | $0.26 | $0.00 | x |
| 2003-12-31 | $0.23 | $0.00 | x |
| 2004-12-31 | $0.16 | $0.00 | x |
| 2005-12-31 | $0.13 | $0.00 | x |
| 2006-12-31 | $0.36 | $0.00 | x |
| 2007-12-31 | $0.26 | $0.00 | x |
| 2008-12-31 | $0.19 | $0.00 | x |
| 2009-12-31 | $0.20 | $0.00 | x |
| 2010-12-31 | $0.15 | $0.00 | x |
| 2011-12-31 | $0.13 | $0.00 | x |
| 2012-12-31 | $0.12 | $0.00 | x |
| 2013-12-31 | $0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ditem Explorations 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): -194.99%
- 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: 1.20x
- Recent ROE (-194.99%) is below the historical average (-27.69%), 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 | -11.73% | -361.77% | 0.03x | 1.03x | $-252.49K |
| 2002 | -23.78% | -660695.65% | 0.00x | 1.06x | $-647.62K |
| 2003 | -17.58% | -1000.83% | 0.02x | 1.07x | $-487.28K |
| 2004 | -24.90% | -1082.91% | 0.02x | 1.05x | $-499.01K |
| 2005 | -19.67% | -106802.73% | 0.00x | 1.13x | $-354.45K |
| 2006 | -0.27% | -5.33% | 0.05x | 1.02x | $-612.97K |
| 2007 | -10.33% | -417.63% | 0.02x | 1.10x | $-2.19 Million |
| 2008 | -39.01% | 0.00% | -0.02x | 1.06x | $-4.34 Million |
| 2009 | -4.22% | 0.00% | 0.00x | 1.03x | $-1.38 Million |
| 2010 | -9.33% | 0.00% | 0.00x | 1.09x | $-1.78 Million |
| 2011 | -8.77% | 0.00% | 0.00x | 1.11x | $-1.76 Million |
| 2012 | 4.58% | 0.00% | 0.00x | 1.07x | $-571.61K |
| 2013 | -194.99% | 0.00% | 0.00x | 1.20x | $-7.33 Million |
Industry Comparison
This section compares Ditem Explorations 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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ditem Explorations Inc (DTEMF) | $3.85 Million | -11.73% | 0.11x | $91.76K |
| 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 |