DTREF
Dateline Resources Limited engages in mining and exploration of mineral properties in North America. It primarily explores for gold, rare earth elements, copper, and strontium. Dateline Resources Limited is based in Sydney, Australia.
DTREF (DTREF) - Net Assets
Latest net assets as of June 2024: $3.59 Million USD
Based on the latest financial reports, DTREF (DTREF) has net assets worth $3.59 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.03 Million) and total liabilities ($6.44 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 | $3.59 Million |
| % of Total Assets | 35.75% |
| Annual Growth Rate | -31.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 29.24 |
DTREF - Net Assets Trend (2020–2024)
This chart illustrates how DTREF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DTREF (2020–2024)
The table below shows the annual net assets of DTREF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $3.59 Million | -67.59% |
| 2023-06-30 | $11.06 Million | +12.25% |
| 2022-06-30 | $9.86 Million | -32.25% |
| 2021-06-30 | $14.55 Million | -12.15% |
| 2020-06-30 | $16.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DTREF'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 4712472500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $68.35 Million | 1906.12% |
| Total Equity | $3.59 Million | 100.00% |
DTREF Competitors by Market Cap
The table below lists competitors of DTREF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EV Nickel Inc
OTCGREY:EVNIF
|
$6.50 Million |
|
CXApp Inc.
NASDAQ:CXAI
|
$6.50 Million |
|
Intelligent Bio Solutions Inc.
NASDAQ:INBS
|
$6.50 Million |
|
Diversified Gateway Solutions Bhd
KLSE:0131
|
$6.51 Million |
|
TNF Pharmaceuticals, Inc.
NASDAQ:TNFA
|
$6.50 Million |
|
Eugene Special Purpose Acquisitions 4 Company
KQ:321260
|
$6.50 Million |
|
Roadman Investments Corp
V:LITT
|
$6.49 Million |
|
Jupiter Neurosciences, Inc. Common Stock
NASDAQ:JUNS
|
$6.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DTREF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,063,873 to 3,585,666, a change of -7,478,207 (-67.6%).
- Net loss of 17,237,428 reduced equity.
- Share repurchases of 77,696 reduced equity.
- New share issuances of 6,619,871 increased equity.
- Other factors increased equity by 3,217,046.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.24 Million | -480.73% |
| Share Repurchases | $77.70K | -2.17% |
| Share Issuances | $6.62 Million | +184.62% |
| Other Changes | $3.22 Million | +89.72% |
| Total Change | $- | -67.59% |
Book Value vs Market Value Analysis
This analysis compares DTREF'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: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.10x to 2.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.05 | $0.01 | x |
| 2021-06-30 | $0.04 | $0.01 | x |
| 2022-06-30 | $0.02 | $0.01 | x |
| 2023-06-30 | $0.01 | $0.01 | x |
| 2024-06-30 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DTREF 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): -480.73%
- 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: 2.80x
- Recent ROE (-480.73%) is below the historical average (-158.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -23.20% | -68252.19% | 0.00x | 1.54x | $-5.50 Million |
| 2021 | -40.51% | 0.00% | 0.00x | 2.34x | $-7.35 Million |
| 2022 | -145.69% | 0.00% | 0.00x | 4.23x | $-15.35 Million |
| 2023 | -100.54% | -1296.11% | 0.02x | 3.37x | $-12.23 Million |
| 2024 | -480.73% | 0.00% | 0.00x | 2.80x | $-17.60 Million |
Industry Comparison
This section compares DTREF'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 |
|---|---|---|---|---|
| DTREF (DTREF) | $3.59 Million | -23.20% | 1.80x | $6.50 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 |