Black Diamond Group Limited (BDI) - Net Assets
Based on the latest financial reports, Black Diamond Group Limited (BDI) has net assets worth CA$409.74 Million CAD (≈ $296.40 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.03 Billion ≈ $743.40 Million USD) and total liabilities (CA$617.93 Million ≈ $447.00 Million USD). 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. Check BDI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$409.74 Million |
| % of Total Assets | 39.87% |
| Annual Growth Rate | 9.37% |
| 5-Year Change | 62.29% |
| 10-Year Change | 30.28% |
| Growth Volatility | 18.47 |
Black Diamond Group Limited - Net Assets Trend (2006–2025)
This chart illustrates how Black Diamond Group Limited's net assets have evolved over time, based on quarterly financial data. See how many days can Black Diamond Group Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Black Diamond Group Limited (2006–2025)
The table below shows the annual net assets of Black Diamond Group Limited from 2006 to 2025. For live valuation and market cap data, see how much is Black Diamond Group Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$400.52 Million ≈ $289.73 Million |
+22.46% |
| 2024-12-31 | CA$327.05 Million ≈ $236.59 Million |
+11.26% |
| 2023-12-31 | CA$293.96 Million ≈ $212.65 Million |
+7.86% |
| 2022-12-31 | CA$272.54 Million ≈ $197.15 Million |
+10.43% |
| 2021-12-31 | CA$246.80 Million ≈ $178.53 Million |
+8.88% |
| 2020-12-31 | CA$226.68 Million ≈ $163.98 Million |
+5.34% |
| 2019-12-31 | CA$215.20 Million ≈ $155.67 Million |
-4.26% |
| 2018-12-31 | CA$224.77 Million ≈ $162.60 Million |
-1.47% |
| 2017-12-31 | CA$228.12 Million ≈ $165.02 Million |
-25.80% |
| 2016-12-31 | CA$307.42 Million ≈ $222.38 Million |
-16.05% |
| 2015-12-31 | CA$366.19 Million ≈ $264.90 Million |
-1.51% |
| 2014-12-31 | CA$371.81 Million ≈ $268.96 Million |
-4.53% |
| 2013-12-31 | CA$389.43 Million ≈ $281.71 Million |
+7.85% |
| 2012-12-31 | CA$361.08 Million ≈ $261.20 Million |
+34.03% |
| 2011-12-31 | CA$269.41 Million ≈ $194.89 Million |
+36.54% |
| 2010-12-31 | CA$197.31 Million ≈ $142.73 Million |
+29.09% |
| 2009-12-31 | CA$152.85 Million ≈ $110.57 Million |
+28.16% |
| 2008-12-31 | CA$119.26 Million ≈ $86.27 Million |
+51.11% |
| 2007-12-31 | CA$78.92 Million ≈ $57.09 Million |
+7.97% |
| 2006-12-31 | CA$73.10 Million ≈ $52.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Black Diamond Group Limited'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 8746934400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$441.63 Million | 111.11% |
| Other Comprehensive Income | CA$18.68 Million | 4.70% |
| Other Components | CA$25.57 Million | 6.43% |
| Total Equity | CA$397.45 Million | 100.00% |
Black Diamond Group Limited Competitors by Market Cap
The table below lists competitors of Black Diamond Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Sunrise Technology Co Ltd
SHE:300360
|
$926.23 Million |
|
Arena REIT
AU:ARF
|
$926.46 Million |
|
Lg Electronics Pref
KO:066575
|
$926.82 Million |
|
Beijing Water Business Doctor
SHE:300055
|
$926.89 Million |
|
O-Bank Co Ltd
TW:2897
|
$924.83 Million |
|
Shenzhen Tianyuan Dic Info Tech
SHE:300047
|
$924.82 Million |
|
Anteris Technologies Global Corp. Common Stock
NASDAQ:AVR
|
$924.75 Million |
|
Tianjin Silvery Dragon
SHG:603969
|
$924.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Black Diamond Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 323,195,000 to 397,455,000, a change of 74,260,000 (23.0%).
- Net income of 34,839,000 contributed positively to equity growth.
- Dividend payments of 8,737,000 reduced retained earnings.
- Share repurchases of 8,053,000 reduced equity.
- New share issuances of 40,534,000 increased equity.
- Other comprehensive income decreased equity by 9,834,000.
- Other factors increased equity by 25,511,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$34.84 Million | +8.77% |
| Dividends Paid | CA$8.74 Million | -2.2% |
| Share Repurchases | CA$8.05 Million | -2.03% |
| Share Issuances | CA$40.53 Million | +10.2% |
| Other Comprehensive Income | CA$-9.83 Million | -2.47% |
| Other Changes | CA$25.51 Million | +6.42% |
| Total Change | CA$- | 22.98% |
Book Value vs Market Value Analysis
This analysis compares Black Diamond Group Limited'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: 3.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.93x to 3.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CA$4.75 | CA$18.66 | x |
| 2007-12-31 | CA$4.43 | CA$18.66 | x |
| 2008-12-31 | CA$5.54 | CA$18.66 | x |
| 2009-12-31 | CA$6.15 | CA$18.66 | x |
| 2010-12-31 | CA$6.07 | CA$18.66 | x |
| 2011-12-31 | CA$7.33 | CA$18.66 | x |
| 2012-12-31 | CA$8.89 | CA$18.66 | x |
| 2013-12-31 | CA$9.13 | CA$18.66 | x |
| 2014-12-31 | CA$8.49 | CA$18.66 | x |
| 2015-12-31 | CA$8.80 | CA$18.66 | x |
| 2016-12-31 | CA$7.03 | CA$18.66 | x |
| 2017-12-31 | CA$4.28 | CA$18.66 | x |
| 2018-12-31 | CA$4.06 | CA$18.66 | x |
| 2019-12-31 | CA$3.86 | CA$18.66 | x |
| 2020-12-31 | CA$3.86 | CA$18.66 | x |
| 2021-12-31 | CA$3.96 | CA$18.66 | x |
| 2022-12-31 | CA$4.44 | CA$18.66 | x |
| 2023-12-31 | CA$4.69 | CA$18.66 | x |
| 2024-12-31 | CA$5.20 | CA$18.66 | x |
| 2025-12-31 | CA$6.15 | CA$18.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Black Diamond Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.62%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.57x
- Recent ROE (8.77%) is above the historical average (3.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 1.44% | 18.76% | 0.06x | 1.27x | CA$-6.26 Million |
| 2007 | 1.29% | 2.44% | 0.34x | 1.57x | CA$-6.87 Million |
| 2008 | 16.71% | 27.07% | 0.38x | 1.61x | CA$8.00 Million |
| 2009 | 12.52% | 25.84% | 0.35x | 1.37x | CA$3.85 Million |
| 2010 | 9.56% | 13.47% | 0.42x | 1.69x | CA$-866.80K |
| 2011 | 15.29% | 16.95% | 0.57x | 1.59x | CA$14.17 Million |
| 2012 | 13.32% | 17.93% | 0.47x | 1.57x | CA$11.81 Million |
| 2013 | 13.81% | 15.33% | 0.51x | 1.75x | CA$14.68 Million |
| 2014 | 9.56% | 9.06% | 0.55x | 1.92x | CA$-1.63 Million |
| 2015 | 2.32% | 2.98% | 0.44x | 1.79x | CA$-27.79 Million |
| 2016 | -21.16% | -42.04% | 0.29x | 1.75x | CA$-94.46 Million |
| 2017 | -42.20% | -62.21% | 0.36x | 1.91x | CA$-118.02 Million |
| 2018 | -5.10% | -6.86% | 0.41x | 1.81x | CA$-33.73 Million |
| 2019 | -3.29% | -3.79% | 0.44x | 1.98x | CA$-28.42 Million |
| 2020 | -1.12% | -1.33% | 0.35x | 2.41x | CA$-23.66 Million |
| 2021 | 8.68% | 6.00% | 0.64x | 2.26x | CA$-3.09 Million |
| 2022 | 9.83% | 8.13% | 0.50x | 2.42x | CA$-469.10K |
| 2023 | 10.47% | 7.71% | 0.61x | 2.23x | CA$1.35 Million |
| 2024 | 7.94% | 6.37% | 0.54x | 2.32x | CA$-6.67 Million |
| 2025 | 8.77% | 7.62% | 0.45x | 2.57x | CA$-4.91 Million |
Industry Comparison
This section compares Black Diamond Group Limited's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $2,715,316,522
- Average return on equity (ROE) among peers: 10.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Black Diamond Group Limited (BDI) | CA$409.74 Million | 1.44% | 1.51x | $926.07 Million |
| Element Fleet Management Corp (EFN) | $2.72 Billion | 10.46% | 4.10x | $8.02 Billion |
About Black Diamond Group Limited
Black Diamond Group Limited provides specialty rentals and industrial services in Canada, the United States, and Australia. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and … Read more