GRDV
Golden Royal Development Inc. focuses on identifying and acquiring oil, gas, and mining properties. The company was incorporated in 2016 and is based in New York, New York.
GRDV (GRDV) - Net Assets
Latest net assets as of September 2024: $-289.57K USD
Based on the latest financial reports, GRDV (GRDV) has net assets worth $-289.57K USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($273.00) and total liabilities ($289.84K). 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 | $-289.57K |
| % of Total Assets | -106068.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
GRDV - Net Assets Trend (2020–2024)
This chart illustrates how GRDV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GRDV (2020–2024)
The table below shows the annual net assets of GRDV from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-289.57K | -12.25% |
| 2023-09-30 | $-257.97K | -30.51% |
| 2022-09-30 | $-197.67K | -47.15% |
| 2021-09-30 | $-134.33K | -26.10% |
| 2020-09-30 | $-106.53K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GRDV'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 18304000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $30.30K | % |
| Total Equity | $-289.57K | 100.00% |
GRDV Competitors by Market Cap
The table below lists competitors of GRDV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REGAL PET
BE:RHN
|
$1.88K |
|
Elio Motors Inc
PINK:ELIO
|
$1.88K |
|
Ibnsina Pharma
EGX:ISPH
|
$1.89K |
|
Grupa HRC S.A.
WAR:HRC
|
$1.89K |
|
ACON Holding Inc.
TWO:3710
|
$1.88K |
|
Tech Central Inc
PINK:TCHC
|
$1.87K |
|
LIVE MOTION GAMES ZY -10
F:4YM
|
$1.87K |
|
PhilWeb Corp
PSE:WEB
|
$1.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GRDV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -257,974 to -289,567, a change of -31,593.
- Net loss of 31,593 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.59K | -10.91% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares GRDV'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 |
|---|---|---|---|
| 2020-09-30 | $-0.01 | $0.20 | x |
| 2021-09-30 | $-0.02 | $0.20 | x |
| 2022-09-30 | $-0.03 | $0.20 | x |
| 2023-09-30 | $-0.03 | $0.20 | x |
| 2024-09-30 | $-0.04 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GRDV 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 below the historical average (0.00%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.88K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.37K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.57K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-34.51K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.64K |
Industry Comparison
This section compares GRDV'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 |
|---|---|---|---|---|
| GRDV (GRDV) | $-289.57K | 0.00% | N/A | $1.88K |
| 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 |