Stornoway Diamond Corporation
Stornoway Diamond Corporation operates as a diamond exploration and producing company. Its flagship project is the 100% owned Renard mine located in north-central Quebec. The company was incorporated in 1986 and is headquartered in Longueuil, Canada.
Stornoway Diamond Corporation (SWYDF) - Net Assets
Latest net assets as of June 2019: $-104.52 Million USD
Based on the latest financial reports, Stornoway Diamond Corporation (SWYDF) has net assets worth $-104.52 Million USD as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($585.75 Million) and total liabilities ($690.27 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 | $-104.52 Million |
| % of Total Assets | -17.84% |
| Annual Growth Rate | 36.54% |
| 5-Year Change | -40.32% |
| 10-Year Change | 191.97% |
| Growth Volatility | 452.76 |
Stornoway Diamond Corporation - Net Assets Trend (2001–2018)
This chart illustrates how Stornoway Diamond Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Stornoway Diamond Corporation (2001–2018)
The table below shows the annual net assets of Stornoway Diamond Corporation from 2001 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $285.37 Million | -51.07% |
| 2017-12-31 | $583.21 Million | -15.42% |
| 2016-12-31 | $689.54 Million | +19.72% |
| 2015-12-31 | $575.96 Million | +20.45% |
| 2014-12-31 | $478.15 Million | +128.06% |
| 2013-12-31 | $209.66 Million | -1.27% |
| 2012-12-31 | $212.36 Million | -5.39% |
| 2011-12-31 | $224.46 Million | -10.99% |
| 2010-12-31 | $252.16 Million | +158.00% |
| 2009-12-31 | $97.74 Million | -35.46% |
| 2008-12-31 | $151.44 Million | -0.20% |
| 2007-12-31 | $151.75 Million | -4.38% |
| 2006-12-31 | $158.71 Million | +150.35% |
| 2005-12-31 | $63.39 Million | -4.94% |
| 2004-12-31 | $66.69 Million | +11.63% |
| 2003-12-31 | $59.74 Million | +1934.70% |
| 2002-12-31 | $2.94 Million | +105.01% |
| 2001-12-31 | $1.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stornoway Diamond Corporation'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 65304774900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $897.32 Million | 314.44% |
| Other Comprehensive Income | $-4.22 Million | -1.48% |
| Other Components | $50.70 Million | 17.77% |
| Total Equity | $285.37 Million | 100.00% |
Stornoway Diamond Corporation Competitors by Market Cap
The table below lists competitors of Stornoway Diamond Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newtopia Inc
PINK:NEWUF
|
$74.30K |
|
NUCLETRON ELECTR
BE:NUC
|
$74.41K |
|
GCADX
NASDAQ:GCADX
|
$74.42K |
|
Aristocrat Group Corp
PINK:ASCC
|
$74.46K |
|
CPFE3F
SA:CPFE3F
|
$74.20K |
|
Holista Colltech Limited
PINK:HCLHF
|
$74.19K |
|
Hotel101 Global Holdings Corp. Class A Ordinary Shares
NASDAQ:HBNB
|
$74.12K |
|
Buena Vista Neos Bitcoin High Income Index Fundo De Indice Responsabilidade Limitada
SA:COIN11
|
$74.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stornoway Diamond Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 583,207,000 to 285,369,000, a change of -297,838,000 (-51.1%).
- Net loss of 329,352,000 reduced equity.
- New share issuances of 29,707,000 increased equity.
- Other comprehensive income decreased equity by 4,025,000.
- Other factors increased equity by 5,832,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-329.35 Million | -115.41% |
| Share Issuances | $29.71 Million | +10.41% |
| Other Comprehensive Income | $-4.03 Million | -1.41% |
| Other Changes | $5.83 Million | +2.04% |
| Total Change | $- | -51.07% |
Book Value vs Market Value Analysis
This analysis compares Stornoway Diamond Corporation'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: 0.00x
- 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 |
|---|---|---|---|
| 2001-12-31 | $0.56 | $0.00 | x |
| 2002-12-31 | $0.81 | $0.00 | x |
| 2003-12-31 | $3.89 | $0.00 | x |
| 2004-12-31 | $3.67 | $0.00 | x |
| 2005-12-31 | $3.31 | $0.00 | x |
| 2006-12-31 | $4.83 | $0.00 | x |
| 2007-12-31 | $3.06 | $0.00 | x |
| 2008-12-31 | $2.60 | $0.00 | x |
| 2009-12-31 | $1.47 | $0.00 | x |
| 2010-12-31 | $3.05 | $0.00 | x |
| 2011-12-31 | $1.57 | $0.00 | x |
| 2012-12-31 | $1.31 | $0.00 | x |
| 2013-12-31 | $1.25 | $0.00 | x |
| 2015-12-31 | $0.74 | $0.00 | x |
| 2016-12-31 | $0.88 | $0.00 | x |
| 2017-12-31 | $0.70 | $0.00 | x |
| 2018-12-31 | $0.33 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stornoway Diamond Corporation 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): -115.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -199.02%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 3.97x
- Recent ROE (-115.41%) is below the historical average (-15.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -11.80% | 0.00% | 0.00x | 1.04x | $-312.27K |
| 2002 | -22.60% | 0.00% | 0.00x | 1.05x | $-957.16K |
| 2003 | -7.94% | 0.00% | 0.00x | 1.02x | $-10.72 Million |
| 2004 | -6.26% | 0.00% | 0.00x | 1.02x | $-10.85 Million |
| 2005 | -2.79% | 0.00% | 0.00x | 1.02x | $-8.11 Million |
| 2006 | -12.06% | 0.00% | 0.00x | 1.27x | $-35.01 Million |
| 2007 | -18.14% | 0.00% | 0.00x | 1.28x | $-42.70 Million |
| 2008 | -3.09% | 0.00% | 0.00x | 1.15x | $-19.82 Million |
| 2009 | -24.11% | 0.00% | 0.00x | 1.12x | $-33.34 Million |
| 2010 | -5.35% | 0.00% | 0.00x | 1.05x | $-38.72 Million |
| 2011 | -11.81% | 0.00% | 0.00x | 1.15x | $-48.95 Million |
| 2012 | -17.33% | 0.00% | 0.00x | 1.25x | $-58.03 Million |
| 2013 | -5.87% | 0.00% | 0.00x | 1.43x | $-33.27 Million |
| 2014 | -0.11% | 0.00% | 0.00x | 1.64x | $-48.35 Million |
| 2015 | -0.95% | 0.00% | 0.00x | 1.88x | $-63.08 Million |
| 2016 | 2.85% | 0.00% | 0.00x | 1.90x | $-49.31 Million |
| 2017 | -19.66% | -58.34% | 0.16x | 2.15x | $-172.95 Million |
| 2018 | -115.41% | -199.02% | 0.15x | 3.97x | $-357.89 Million |
Industry Comparison
This section compares Stornoway Diamond Corporation'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 |
|---|---|---|---|---|
| Stornoway Diamond Corporation (SWYDF) | $-104.52 Million | -11.80% | N/A | $74.22K |
| 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 |