Great Lakes Graphite Inc
Great Lakes Graphite Inc., doing business as NovoCarbon Corporation, operates as a clean technology minerals processing company that supplies carbon products. It offers high purity graphite products, spherical graphite products, and micronized graphite products. The company was formerly known as Shield Gold Inc. and changed its name to Great Lakes Graphite Inc. in May 2014. Great Lakes Graphite I… Read more
Great Lakes Graphite Inc (GLKIF) - Net Assets
Latest net assets as of July 2019: $-8.09 Million USD
Based on the latest financial reports, Great Lakes Graphite Inc (GLKIF) has net assets worth $-8.09 Million USD as of July 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($179.94K) and total liabilities ($8.27 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 | $-8.09 Million |
| % of Total Assets | -4495.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | -611.84% |
| 10-Year Change | -1744.39% |
| Growth Volatility | 239.47 |
Great Lakes Graphite Inc - Net Assets Trend (2005–2018)
This chart illustrates how Great Lakes Graphite 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 Great Lakes Graphite Inc (2005–2018)
The table below shows the annual net assets of Great Lakes Graphite Inc from 2005 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-10-31 | $-7.19 Million | -84.28% |
| 2017-10-31 | $-3.90 Million | -353.39% |
| 2016-10-31 | $1.54 Million | -37.76% |
| 2015-10-31 | $2.47 Million | +76.13% |
| 2014-10-31 | $1.41 Million | +39.22% |
| 2013-10-31 | $1.01 Million | +39.59% |
| 2012-10-31 | $723.00K | +3.21% |
| 2011-10-31 | $700.48K | +73.01% |
| 2010-10-31 | $404.89K | -7.42% |
| 2009-10-31 | $437.35K | -18.68% |
| 2008-10-31 | $537.84K | +750.43% |
| 2007-10-31 | $63.24K | -47.76% |
| 2006-10-31 | $121.06K | -34.17% |
| 2005-10-31 | $183.89K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Great Lakes Graphite 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 1869178000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.41 Million | % |
| Other Comprehensive Income | $-24.10K | % |
| Other Components | $5.15 Million | % |
| Total Equity | $-7.19 Million | 100.00% |
Great Lakes Graphite Inc Competitors by Market Cap
The table below lists competitors of Great Lakes Graphite Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POST TELECOMMU
VN:PTI
|
$11.17K |
|
Thaiholdings JSC
VN:THD
|
$11.19K |
|
Samson International PLC
CM:SILN0000
|
$11.20K |
|
First Tin PLC
LSE:1SN
|
$11.21K |
|
Silver Castle Holdings Ltd
TA:SLCL
|
$11.13K |
|
Cpv Energia Fundo De Investimento Imobiliario Responsabilidade Limitada
SA:RENV11
|
$11.12K |
|
LION E-MOBILITY AG SF-,13
F:LMIA
|
$11.11K |
|
Farm51
WAR:F51
|
$11.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great Lakes Graphite Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -3,902,605 to -7,191,811, a change of -3,289,206.
- Net loss of 4,180,609 reduced equity.
- Other comprehensive income decreased equity by 3,041,416.
- Other factors increased equity by 3,932,819.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.18 Million | -58.13% |
| Other Comprehensive Income | $-3.04 Million | -42.29% |
| Other Changes | $3.93 Million | +54.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Great Lakes Graphite 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-10-31 | $0.08 | $0.00 | x |
| 2006-10-31 | $0.05 | $0.00 | x |
| 2007-10-31 | $0.02 | $0.00 | x |
| 2008-10-31 | $0.06 | $0.00 | x |
| 2009-10-31 | $0.04 | $0.00 | x |
| 2010-10-31 | $0.03 | $0.00 | x |
| 2011-10-31 | $0.04 | $0.00 | x |
| 2012-10-31 | $0.03 | $0.00 | x |
| 2013-10-31 | $0.04 | $0.00 | x |
| 2014-10-31 | $0.03 | $0.00 | x |
| 2015-10-31 | $0.03 | $0.00 | x |
| 2016-10-31 | $0.01 | $0.00 | x |
| 2017-10-31 | $-0.03 | $0.00 | x |
| 2018-10-31 | $-0.06 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great Lakes Graphite 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -680880.94%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-57.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -7.77% | -458.23% | 0.02x | 1.00x | $-32.67K |
| 2006 | -97.33% | -4581.22% | 0.02x | 1.41x | $-129.94K |
| 2007 | -91.42% | 0.00% | 0.00x | 2.09x | $-64.14K |
| 2008 | -18.41% | 0.00% | 0.00x | 1.05x | $-152.80K |
| 2009 | -28.29% | 0.00% | 0.00x | 1.06x | $-167.46K |
| 2010 | -41.72% | 0.00% | 0.00x | 1.28x | $-209.42K |
| 2011 | -23.19% | 0.00% | 0.00x | 1.51x | $-232.51K |
| 2012 | -41.42% | 0.00% | 0.00x | 1.30x | $-371.77K |
| 2013 | -67.01% | 0.00% | 0.00x | 1.15x | $-777.21K |
| 2014 | -123.97% | 0.00% | 0.00x | 1.12x | $-1.88 Million |
| 2015 | -93.92% | 0.00% | 0.00x | 1.52x | $-2.57 Million |
| 2016 | -170.11% | -1156.65% | 0.06x | 2.51x | $-2.77 Million |
| 2017 | 0.00% | -2013.10% | 0.79x | 0.00x | $-5.69 Million |
| 2018 | 0.00% | -680880.94% | 0.01x | 0.00x | $-3.46 Million |
Industry Comparison
This section compares Great Lakes Graphite 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 |
|---|---|---|---|---|
| Great Lakes Graphite Inc (GLKIF) | $-8.09 Million | -7.77% | N/A | $11.13K |
| 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 |