Black Diamond Group Limited (BDI) - Net Assets
Based on the latest financial reports, Black Diamond Group Limited (BDI) has net assets worth CA$378.91 Million CAD (≈ $274.10 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$784.17 Million ≈ $567.26 Million USD) and total liabilities (CA$405.26 Million ≈ $293.16 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 Black Diamond Group Limited (BDI) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$378.91 Million |
| % of Total Assets | 48.32% |
| Annual Growth Rate | 8.68% |
| 5-Year Change | 44.28% |
| 10-Year Change | -10.69% |
| Growth Volatility | 18.77 |
Black Diamond Group Limited - Net Assets Trend (2006–2024)
This chart illustrates how Black Diamond Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore Black Diamond Group Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Black Diamond Group Limited (2006–2024)
The table below shows the annual net assets of Black Diamond Group Limited from 2006 to 2024. For live valuation and market cap data, see how much is Black Diamond Group Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 11266134400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$384.92 Million | 119.10% |
| Other Comprehensive Income | CA$28.51 Million | 8.82% |
| Other Components | CA$23.39 Million | 7.24% |
| Total Equity | CA$323.19 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 |
|---|---|
|
Zhongyin Babi Food Co. Ltd.
SHG:605338
|
$813.30 Million |
|
Zhangjiagang Furui Special Equip
SHE:300228
|
$813.90 Million |
|
XPLR Infrastructure LP Unit
NYSE:XIFR
|
$814.05 Million |
|
Coretronic
TWO:5371
|
$814.22 Million |
|
ARS Pharmaceuticals, Inc
NASDAQ:SPRY
|
$813.24 Million |
|
Besalco Sa
SN:BESALCO
|
$813.18 Million |
|
Quanex Building Products
NYSE:NX
|
$813.11 Million |
|
Wecome Intelligent Manufacturing Co. Ltd.
SHG:603070
|
$812.70 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 2023 to 2024, total equity changed from 290,076,000 to 323,195,000, a change of 33,119,000 (11.4%).
- Net income of 25,654,000 contributed positively to equity growth.
- Dividend payments of 7,305,000 reduced retained earnings.
- Share repurchases of 6,201,000 reduced equity.
- Other comprehensive income increased equity by 14,766,000.
- Other factors increased equity by 6,205,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$25.65 Million | +7.94% |
| Dividends Paid | CA$7.30 Million | -2.26% |
| Share Repurchases | CA$6.20 Million | -1.92% |
| Other Comprehensive Income | CA$14.77 Million | +4.57% |
| Other Changes | CA$6.21 Million | +1.92% |
| Total Change | CA$- | 11.42% |
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: 3.21x
- 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 3.52x to 3.21x 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$16.70 | x |
| 2007-12-31 | CA$4.43 | CA$16.70 | x |
| 2008-12-31 | CA$5.54 | CA$16.70 | x |
| 2009-12-31 | CA$6.15 | CA$16.70 | x |
| 2010-12-31 | CA$6.07 | CA$16.70 | x |
| 2011-12-31 | CA$7.33 | CA$16.70 | x |
| 2012-12-31 | CA$8.89 | CA$16.70 | x |
| 2013-12-31 | CA$9.13 | CA$16.70 | x |
| 2014-12-31 | CA$8.49 | CA$16.70 | x |
| 2015-12-31 | CA$8.80 | CA$16.70 | x |
| 2016-12-31 | CA$7.03 | CA$16.70 | x |
| 2017-12-31 | CA$4.28 | CA$16.70 | x |
| 2018-12-31 | CA$4.06 | CA$16.70 | x |
| 2019-12-31 | CA$3.86 | CA$16.70 | x |
| 2020-12-31 | CA$3.86 | CA$16.70 | x |
| 2021-12-31 | CA$3.96 | CA$16.70 | x |
| 2022-12-31 | CA$4.44 | CA$16.70 | x |
| 2023-12-31 | CA$4.69 | CA$16.70 | x |
| 2024-12-31 | CA$5.20 | CA$16.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Black Diamond Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.37%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.32x
- Recent ROE (7.94%) is above the historical average (3.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 1.44% | 18.76% | 0.06x | 1.27x | CA$-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 |
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: $2,783,737,327
- Average return on equity (ROE) among peers: 13.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Black Diamond Group Limited (BDI) | CA$378.91 Million | 1.44% | 1.07x | $813.30 Million |
| Element Fleet Management Corp (EFN) | $2.78 Billion | 13.89% | 3.56x | $9.26 Billion |
About Black Diamond Group Limited
Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions 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,… Read more