Danakali Ltd
Danakali Limited, together with its subsidiaries, focuses on the exploration and development of mineral properties in Australia and the Kingdom of Saudi Arabia. It also provides business services; and invests in exploration. The company was formerly known as South Boulder Mines Ltd. and changed its name to Danakali Limited in June 2015. The company was incorporated in 2001 and is headquartered in… Read more
Danakali Ltd (SBMSF) - Net Assets
Latest net assets as of December 2023: $194.81 Million USD
Based on the latest financial reports, Danakali Ltd (SBMSF) has net assets worth $194.81 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($195.55 Million) and total liabilities ($736.50K). 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 | $194.81 Million |
| % of Total Assets | 99.62% |
| Annual Growth Rate | 35.9% |
| 5-Year Change | 196.85% |
| 10-Year Change | 824.14% |
| Growth Volatility | 66.7 |
Danakali Ltd - Net Assets Trend (2013–2023)
This chart illustrates how Danakali Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Danakali Ltd (2013–2023)
The table below shows the annual net assets of Danakali Ltd from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $194.81 Million | +204.78% |
| 2022-12-31 | $63.92 Million | -4.86% |
| 2021-12-31 | $67.19 Million | +19.76% |
| 2020-12-31 | $56.10 Million | -14.52% |
| 2019-12-31 | $65.63 Million | +70.71% |
| 2018-12-31 | $38.44 Million | -5.16% |
| 2017-12-31 | $40.54 Million | +20.41% |
| 2016-12-31 | $33.67 Million | +38.79% |
| 2015-12-31 | $24.26 Million | +15.07% |
| 2014-12-31 | $21.08 Million | +132.49% |
| 2013-12-31 | $9.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Danakali Ltd'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 9478159000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $57.85 Million | 29.70% |
| Other Components | $136.96 Million | 70.30% |
| Total Equity | $194.81 Million | 100.00% |
Danakali Ltd Competitors by Market Cap
The table below lists competitors of Danakali Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Drb Industrial
KO:163560
|
$22.49 Million |
|
Resolution Minerals Ltd
PINK:RLMLF
|
$22.49 Million |
|
Water Oasis Group Limited
PINK:WOSSF
|
$22.49 Million |
|
Taiwan Television Enterprise Co.Ltd.
TWO:8329
|
$22.50 Million |
|
Powercom Co Ltd
TW:3043
|
$22.47 Million |
|
Full Wang International Development Co Ltd
TWO:6219
|
$22.47 Million |
|
Moleculin Biotech Inc
NASDAQ:MBRX
|
$22.47 Million |
|
GREAT ELM GROUP NEW-001
F:PNC
|
$22.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Danakali Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 63,918,147 to 194,812,757, a change of 130,894,610 (204.8%).
- Net income of 133,787,133 contributed positively to equity growth.
- Other factors decreased equity by 2,892,523.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $133.79 Million | +68.67% |
| Other Changes | $-2.89 Million | -1.48% |
| Total Change | $- | 204.78% |
Book Value vs Market Value Analysis
This analysis compares Danakali Ltd'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: 0.14x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.08 | x |
| 2016-12-31 | $0.00 | $0.08 | x |
| 2017-12-31 | $0.16 | $0.08 | x |
| 2018-12-31 | $0.15 | $0.08 | x |
| 2019-12-31 | $0.21 | $0.08 | x |
| 2020-12-31 | $0.18 | $0.08 | x |
| 2021-12-31 | $0.18 | $0.08 | x |
| 2022-12-31 | $0.17 | $0.08 | x |
| 2023-12-31 | $0.53 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Danakali Ltd 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): 68.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 152476.13%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (68.67%) is above the historical average (-6.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -49.01% | -4559.26% | 0.01x | 0.96x | $-5.87 Million |
| 2014 | 30.15% | 130512.42% | 0.00x | 1.02x | $4.25 Million |
| 2015 | -28.00% | 0.00% | 0.00x | 1.03x | $-9.22 Million |
| 2016 | -14.63% | 0.00% | 0.00x | 1.01x | $-8.29 Million |
| 2017 | -16.87% | -3092.35% | 0.01x | 1.03x | $-10.89 Million |
| 2018 | -18.06% | -4031.54% | 0.00x | 1.01x | $-10.79 Million |
| 2019 | -4.80% | -3871.17% | 0.00x | 1.18x | $-9.71 Million |
| 2020 | -14.72% | -11496.74% | 0.00x | 1.02x | $-13.87 Million |
| 2021 | -14.94% | 0.00% | 0.00x | 1.02x | $-16.76 Million |
| 2022 | -7.22% | 0.00% | 0.00x | 1.01x | $-11.01 Million |
| 2023 | 68.67% | 152476.13% | 0.00x | 1.00x | $114.31 Million |
Industry Comparison
This section compares Danakali Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,234,454,915
- Average return on equity (ROE) among peers: -88.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Danakali Ltd (SBMSF) | $194.81 Million | -49.01% | 0.00x | $22.48 Million |
| Argo Living Soils Corp (ARLSF) | $117.11K | -241.15% | 0.57x | $4.77 Million |
| American Vanguard Corporation (AVD) | $282.36 Million | 4.53% | 0.52x | $93.02 Million |
| Bee Vectoring Technologies International Inc (BEVVF) | $1.82 Million | -170.52% | 0.16x | $47.51K |
| Benson Hill, Inc. Common Stock (BHIL) | $86.04 Million | -134.02% | 2.19x | $178.85K |
| BHILW (BHILW) | $86.04 Million | -134.02% | 2.19x | $286.16K |
| Bioceres Crop Solutions Corp (BIOX) | $351.38 Million | 0.92% | 1.43x | $16.37 Million |
| CO2 Gro Inc (BLONF) | $577.93K | -224.34% | 1.65x | $154.65K |
| China BlueChemical Ltd (CBLUF) | $7.05 Billion | 23.77% | 0.29x | $484.41 Million |
| CF Industries Holdings Inc (CF) | $4.39 Billion | 15.96% | 1.90x | $15.33 Billion |
| China Green Agriculture Inc (CGA) | $100.10 Million | -28.38% | 0.63x | $14.93 Million |