GEMXX Corp
Gemxx Corp. engages in the gold mining; gemstone production; and jewelry manufacturing and distribution activities. The company is based in Las Vegas, Nevada.
GEMXX Corp (GEMZ) - Net Assets
Latest net assets as of June 2016: $-740.81K USD
Based on the latest financial reports, GEMXX Corp (GEMZ) has net assets worth $-740.81K USD as of June 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($145.15K) and total liabilities ($885.96K). 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 | $-740.81K |
| % of Total Assets | -510.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
GEMXX Corp - Net Assets Trend (2009–2022)
This chart illustrates how GEMXX 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 GEMXX Corp (2009–2022)
The table below shows the annual net assets of GEMXX Corp from 2009 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-03-31 | $18.06K | +2.37% |
| 2021-03-31 | $17.64K | +102.37% |
| 2016-03-31 | $-743.89K | -3.99% |
| 2015-03-31 | $-715.34K | -11.41% |
| 2014-03-31 | $-642.09K | -6.29% |
| 2013-03-31 | $-604.09K | +6.02% |
| 2012-03-31 | $-642.80K | -40.30% |
| 2011-03-31 | $-458.15K | -23.10% |
| 2010-03-31 | $-372.18K | -35.65% |
| 2009-03-31 | $-274.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GEMXX 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 grown by 1201276000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $43.18K | 239.14% |
| Other Components | $12.14K | 67.23% |
| Total Equity | $18.06K | 100.00% |
GEMXX Corp Competitors by Market Cap
The table below lists competitors of GEMXX Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zoglo's Food Corp.
F:G8I
|
$172.44 |
|
WPP SCANGROUP PLC
XNAI:SG
|
$172.60 |
|
Kanabo Group PLC
LSE:KNB
|
$173.13 |
|
ARIANA RESOURCES
BE:4A6
|
$173.61 |
|
Discovery World Corp
PSE:DWC
|
$171.99 |
|
TELEKOM NETWORK MALAWI LIMITED
MSE:TNM
|
$170.99 |
|
Hemp Naturals Inc
PINK:HPMM
|
$170.54 |
|
FBC HOLDINGS LIMITED
XZIM:FBC
|
$170.21 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GEMXX Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 17,639 to 18,058, a change of 419 (2.4%).
- Net income of 76 contributed positively to equity growth.
- Other factors increased equity by 343.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $76.22 | +0.42% |
| Other Changes | $342.78 | +1.9% |
| Total Change | $- | 2.38% |
Book Value vs Market Value Analysis
This analysis compares GEMXX 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: 0.10x
- 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 |
|---|---|---|---|
| 2009-03-31 | $-37.15 | $0.02 | x |
| 2010-03-31 | $-48.49 | $0.02 | x |
| 2011-03-31 | $-59.39 | $0.02 | x |
| 2012-03-31 | $-82.89 | $0.02 | x |
| 2013-03-31 | $-50.40 | $0.02 | x |
| 2014-03-31 | $-16.09 | $0.02 | x |
| 2015-03-31 | $-9.76 | $0.02 | x |
| 2016-03-31 | $-7.46 | $0.02 | x |
| 2021-03-31 | $0.18 | $0.02 | x |
| 2022-03-31 | $0.18 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GEMXX 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): 0.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.30%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.06x
- Recent ROE (0.42%) is above the historical average (0.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | -2759.60% | 0.11x | 0.00x | $-145.59K |
| 2010 | 0.00% | -238.76% | 1.47x | 0.00x | $-183.68K |
| 2011 | 0.00% | -74.02% | 2.13x | 0.00x | $-52.49K |
| 2012 | 0.00% | -307.23% | 0.70x | 0.00x | $-117.34K |
| 2013 | 0.00% | -62.83% | 0.78x | 0.00x | $9.98K |
| 2014 | 0.00% | -150.58% | 0.99x | 0.00x | $-113.97K |
| 2015 | 0.00% | -241.34% | 0.61x | 0.00x | $-91.66K |
| 2016 | 0.00% | -392.07% | 0.33x | 0.00x | $-102.02K |
| 2021 | 1.51% | 31.94% | 0.05x | 1.02x | $-1.50K |
| 2022 | 0.42% | 5.30% | 0.07x | 1.06x | $-1.73K |
Industry Comparison
This section compares GEMXX Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GEMXX Corp (GEMZ) | $-740.81K | 0.00% | N/A | $172.15 |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |