Nevada Zinc Corporation
Nevada Zinc Corporation, a mineral exploration company, explores for and develops mineral properties in the United States and Canada. The company primarily explores for zinc and lead. Its principal property is the 100% owned Lone Mountain zinc project comprising 202 unpatented lode mining claims covering an area of approximately 4,000 acres located in Eureka County, Nevada. The company was former… Read more
Nevada Zinc Corporation (GDSKF) - Net Assets
Latest net assets as of September 2023: $-596.13K USD
Based on the latest financial reports, Nevada Zinc Corporation (GDSKF) has net assets worth $-596.13K USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.60K) and total liabilities ($630.72K). 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 | $-596.13K |
| % of Total Assets | -1723.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -764.92% |
| Growth Volatility | 246.15 |
Nevada Zinc Corporation - Net Assets Trend (2011–2022)
This chart illustrates how Nevada Zinc Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nevada Zinc Corporation (2011–2022)
The table below shows the annual net assets of Nevada Zinc Corporation from 2011 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-336.01K | +57.17% |
| 2021-12-31 | $-784.52K | -12.99% |
| 2020-12-31 | $-694.36K | -126.92% |
| 2019-12-31 | $-305.99K | -253.70% |
| 2018-12-31 | $-86.51K | -106.17% |
| 2017-12-31 | $1.40 Million | +239.95% |
| 2016-12-31 | $412.31K | +114.22% |
| 2015-12-31 | $192.47K | -47.61% |
| 2014-12-31 | $367.40K | +627.03% |
| 2013-12-31 | $50.53K | -86.97% |
| 2012-12-31 | $387.93K | -65.54% |
| 2011-12-31 | $1.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nevada Zinc Corporation'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 854858700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.56 Million | % |
| Other Comprehensive Income | $464.95K | % |
| Total Equity | $-336.01K | 100.00% |
Nevada Zinc Corporation Competitors by Market Cap
The table below lists competitors of Nevada Zinc Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OXFORD LANE CAP.CORP.DL25
F:4RQ0
|
$197.24K |
|
SCANDIN.ENVIRO SYSTEMS AB
F:1HR
|
$197.30K |
|
Ascentage Pharma Group International American Depository Shares When Issued
NASDAQ:AAPGV
|
$197.36K |
|
Givot Olam Oil Exploration - Limited Partnership (1993)
TA:GIVO
|
$197.62K |
|
Maj Invest Value Aktier
CO:MAJVAL
|
$197.14K |
|
DK Inv EuroHY-Obl-Akk kl DKK h
CO:DKIEUHYOAKKDKKH
|
$197.13K |
|
SIVR39
SA:SIVR39
|
$197.12K |
|
HiProMine S.A.
WAR:HPM
|
$197.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nevada Zinc Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -784,522 to -336,010, a change of 448,512.
- Net loss of 739,843 reduced equity.
- New share issuances of 750,000 increased equity.
- Other comprehensive income decreased equity by 202,296.
- Other factors increased equity by 640,651.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-739.84K | -220.18% |
| Share Issuances | $750.00K | +223.21% |
| Other Comprehensive Income | $-202.30K | -60.21% |
| Other Changes | $640.65K | +190.66% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nevada Zinc Corporation'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.04 | $0.00 | x |
| 2012-12-31 | $0.01 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.01 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.01 | $0.00 | x |
| 2017-12-31 | $0.02 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $-0.01 | $0.00 | x |
| 2021-12-31 | $-0.01 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nevada Zinc Corporation 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): 0.00%
- 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: 0.00x
- Recent ROE (0.00%) is above the historical average (-275.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -407.12% | 0.00% | 0.00x | 1.29x | $-4.70 Million |
| 2012 | -200.04% | 0.00% | 0.00x | 1.23x | $-814.79K |
| 2013 | -609.49% | 0.00% | 0.00x | 2.35x | $-313.05K |
| 2014 | -414.54% | 0.00% | 0.00x | 1.61x | $-1.56 Million |
| 2015 | -878.58% | 0.00% | 0.00x | 1.52x | $-1.71 Million |
| 2016 | -528.01% | 0.00% | 0.00x | 1.74x | $-2.22 Million |
| 2017 | -267.85% | 0.00% | 0.00x | 1.41x | $-3.41 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.05 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-297.40K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-398.56K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-872.21K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-706.24K |
Industry Comparison
This section compares Nevada Zinc Corporation'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 |
|---|---|---|---|---|
| Nevada Zinc Corporation (GDSKF) | $-596.13K | -407.12% | N/A | $197.19K |
| 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 |