Newfoundland Discovery Corp
Newfoundland Discovery Corp., a junior exploration company, engages in the evaluation, exploration, and development of mineral properties in Canada. The company primarily explores for gold and lithium deposits. Its flagship project is Sugaree Lithium Project that consists of 340 claims comprising 2,376 hectares located to the Quetico Subprovince, Ontario. The company was formerly known as Great T… Read more
Newfoundland Discovery Corp (NEWDF) - Net Assets
Latest net assets as of October 2025: $-586.41K USD
Based on the latest financial reports, Newfoundland Discovery Corp (NEWDF) has net assets worth $-586.41K USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.62K) and total liabilities ($637.04K). 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 | $-586.41K |
| % of Total Assets | -1158.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | -104.94% |
| 10-Year Change | -134.91% |
| Growth Volatility | 101.77 |
Newfoundland Discovery Corp - Net Assets Trend (2002–2025)
This chart illustrates how Newfoundland Discovery 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 Newfoundland Discovery Corp (2002–2025)
The table below shows the annual net assets of Newfoundland Discovery Corp from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $-434.98K | -180.13% |
| 2024-04-30 | $542.88K | -95.99% |
| 2023-04-30 | $13.53 Million | +14.93% |
| 2022-04-30 | $11.77 Million | +33.65% |
| 2021-04-30 | $8.81 Million | +135.77% |
| 2020-04-30 | $3.74 Million | +99.57% |
| 2019-04-30 | $1.87 Million | -12.74% |
| 2018-04-30 | $2.15 Million | -24.15% |
| 2017-04-30 | $2.83 Million | +127.04% |
| 2016-04-30 | $1.25 Million | -2.10% |
| 2015-04-30 | $1.27 Million | -8.40% |
| 2014-04-30 | $1.39 Million | +0.89% |
| 2013-04-30 | $1.38 Million | -32.90% |
| 2012-04-30 | $2.05 Million | +21.33% |
| 2011-04-30 | $1.69 Million | +19.57% |
| 2010-04-30 | $1.41 Million | -21.89% |
| 2009-04-30 | $1.81 Million | -14.02% |
| 2008-04-30 | $2.11 Million | -2.87% |
| 2007-04-30 | $2.17 Million | +6.55% |
| 2006-04-30 | $2.04 Million | +221.16% |
| 2005-04-30 | $633.80K | -3.94% |
| 2004-04-30 | $659.82K | +319.78% |
| 2003-04-30 | $157.18K | +141.60% |
| 2002-04-30 | $65.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newfoundland Discovery 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 decreased by 2604801300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.44 Million | % |
| Other Components | $1.33 Million | % |
| Total Equity | $-434.98K | 100.00% |
Newfoundland Discovery Corp Competitors by Market Cap
The table below lists competitors of Newfoundland Discovery Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlantska Plovidba d.d.
ZSE:ATPL
|
$431.48K |
|
SeAH Besteel Corp.
KQ:001430
|
$431.59K |
|
SUN HYDRAULICS
BE:SH7
|
$431.90K |
|
ELISA - Dusseldorf Stock Exchang
DU:EIA
|
$431.96K |
|
Puget Technologies Inc
PINK:PUGE
|
$430.87K |
|
COSW
BATS:COSW
|
$430.77K |
|
BIJOU BRIGITTE
MU:BIJ
|
$430.31K |
|
Grupo Famsa S.A.B. de C.V
MX:GFAMSAA
|
$430.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newfoundland Discovery Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 542,879 to -434,983, a change of -977,862 (-180.1%).
- Net loss of 977 reduced equity.
- Other comprehensive income decreased equity by 1,707,425.
- Other factors increased equity by 730,540.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-977.00 | -0.22% |
| Other Comprehensive Income | $-1.71 Million | -392.53% |
| Other Changes | $730.54K | +167.95% |
| Total Change | $- | -180.13% |
Book Value vs Market Value Analysis
This analysis compares Newfoundland Discovery 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-04-30 | $0.00 | $0.05 | x |
| 2003-04-30 | $2.16 | $0.05 | x |
| 2004-04-30 | $5.65 | $0.05 | x |
| 2005-04-30 | $3.30 | $0.05 | x |
| 2006-04-30 | $10.77 | $0.05 | x |
| 2007-04-30 | $5.70 | $0.05 | x |
| 2008-04-30 | $5.31 | $0.05 | x |
| 2009-04-30 | $4.14 | $0.05 | x |
| 2010-04-30 | $2.76 | $0.05 | x |
| 2011-04-30 | $2.01 | $0.05 | x |
| 2012-04-30 | $1.44 | $0.05 | x |
| 2013-04-30 | $0.74 | $0.05 | x |
| 2014-04-30 | $0.48 | $0.05 | x |
| 2015-04-30 | $0.33 | $0.05 | x |
| 2016-04-30 | $0.30 | $0.05 | x |
| 2017-04-30 | $0.29 | $0.05 | x |
| 2018-04-30 | $0.18 | $0.05 | x |
| 2019-04-30 | $0.16 | $0.05 | x |
| 2020-04-30 | $0.24 | $0.05 | x |
| 2021-04-30 | $0.25 | $0.05 | x |
| 2022-04-30 | $0.29 | $0.05 | x |
| 2023-04-30 | $0.24 | $0.05 | x |
| 2024-04-30 | $0.01 | $0.05 | x |
| 2025-04-30 | $-46.66 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newfoundland Discovery 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): 0.00%
- 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 (-170.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -1078.40% | -1850.42% | 0.34x | 1.71x | $-708.09K |
| 2003 | -89.63% | 0.00% | 0.00x | 1.45x | $-156.59K |
| 2004 | -47.59% | 0.00% | 0.00x | 1.27x | $-379.98K |
| 2005 | -36.45% | 0.00% | 0.00x | 1.11x | $-294.38K |
| 2006 | -28.37% | -777.64% | 0.03x | 1.07x | $-781.09K |
| 2007 | -17.01% | -456.39% | 0.04x | 1.02x | $-585.89K |
| 2008 | -19.08% | -511.35% | 0.04x | 1.02x | $-612.65K |
| 2009 | -19.88% | 0.00% | 0.00x | 1.02x | $-541.11K |
| 2010 | -54.01% | 0.00% | 0.00x | 1.03x | $-905.46K |
| 2011 | -45.70% | -717.12% | 0.06x | 1.05x | $-942.14K |
| 2012 | -27.12% | 0.00% | 0.00x | 1.03x | $-761.78K |
| 2013 | -51.92% | 0.00% | 0.00x | 1.06x | $-852.71K |
| 2014 | -27.21% | 0.00% | 0.00x | 1.04x | $-516.93K |
| 2015 | -15.55% | 0.00% | 0.00x | 1.10x | $-325.09K |
| 2016 | -8.75% | 0.00% | 0.00x | 1.18x | $-233.59K |
| 2017 | -10.75% | 0.00% | 0.00x | 1.02x | $-586.87K |
| 2018 | -40.41% | 0.00% | 0.00x | 1.06x | $-1.08 Million |
| 2019 | -14.53% | 0.00% | 0.00x | 1.16x | $-459.23K |
| 2020 | -10.84% | 0.00% | 0.00x | 1.13x | $-778.67K |
| 2021 | -23.97% | 0.00% | 0.00x | 1.10x | $-2.99 Million |
| 2022 | -9.25% | 0.00% | 0.00x | 1.04x | $-2.27 Million |
| 2023 | -17.01% | 0.00% | 0.00x | 1.04x | $-3.65 Million |
| 2024 | -2391.69% | 0.00% | 0.00x | 2.00x | $-13.04 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $42.52K |
Industry Comparison
This section compares Newfoundland Discovery Corp'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 |
|---|---|---|---|---|
| Newfoundland Discovery Corp (NEWDF) | $-586.41K | -1078.40% | N/A | $431.10K |
| 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 |