Diversified Royalty Corp Net Assets
Diversified Royalty Corp net assets. Based on the latest financial reports, Diversified Royalty Corp (DIV) has net assets worth CA$335.76 Million CAD (≈ $242.89 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.08 Billion ≈ $777.88 Million USD) and total liabilities (CA$739.57 Million ≈ $534.99 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. Also explore DIV net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$335.76 Million |
| % of Total Assets | 31.22% |
| Annual Growth Rate | 18.13% |
| 5-Year Change | 50.68% |
| 10-Year Change | 38.45% |
| Growth Volatility | 72.63 |
Net Assets of Diversified Royalty Corp (1996–2025)
Net assets of Diversified Royalty Corp from 1996 to 2025. This chart illustrates how Diversified Royalty Corp's net assets have evolved over time, based on quarterly financial data. See Diversified Royalty Corp (DIV) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Diversified Royalty Corp (1996–2025)
The table below shows the annual net assets of Diversified Royalty Corp from 1996 to 2025. For live market cap and overall valuation, see DIV company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$288.59 Million ≈ $208.76 Million |
-0.07% |
| 2024-12-31 | CA$288.80 Million ≈ $208.91 Million |
+21.65% |
| 2023-12-31 | CA$237.40 Million ≈ $171.73 Million |
+1.50% |
| 2022-12-31 | CA$233.89 Million ≈ $169.19 Million |
+22.12% |
| 2021-12-31 | CA$191.53 Million ≈ $138.55 Million |
+0.98% |
| 2020-12-31 | CA$189.67 Million ≈ $137.21 Million |
+0.52% |
| 2019-12-31 | CA$188.69 Million ≈ $136.50 Million |
-2.09% |
| 2018-12-31 | CA$192.72 Million ≈ $139.41 Million |
-4.65% |
| 2017-12-31 | CA$202.13 Million ≈ $146.22 Million |
-3.03% |
| 2016-12-31 | CA$208.44 Million ≈ $150.78 Million |
-13.70% |
| 2015-12-31 | CA$241.52 Million ≈ $174.71 Million |
+75.47% |
| 2014-12-31 | CA$137.64 Million ≈ $99.56 Million |
+102.98% |
| 2013-12-31 | CA$67.81 Million ≈ $49.05 Million |
-4.44% |
| 2012-12-31 | CA$70.96 Million ≈ $51.33 Million |
+16.63% |
| 2011-12-31 | CA$60.84 Million ≈ $44.01 Million |
-9.11% |
| 2010-12-31 | CA$66.94 Million ≈ $48.42 Million |
+137.13% |
| 2009-12-31 | CA$28.23 Million ≈ $20.42 Million |
+125.11% |
| 2008-12-31 | CA$12.54 Million ≈ $9.07 Million |
-26.61% |
| 2007-12-31 | CA$17.09 Million ≈ $12.36 Million |
-44.21% |
| 2006-12-31 | CA$30.63 Million ≈ $22.15 Million |
-45.66% |
| 2005-12-31 | CA$56.36 Million ≈ $40.77 Million |
-29.55% |
| 2004-12-31 | CA$80.00 Million ≈ $57.87 Million |
+35.83% |
| 2003-12-31 | CA$58.90 Million ≈ $42.61 Million |
+65.89% |
| 2002-12-31 | CA$35.50 Million ≈ $25.68 Million |
+71.72% |
| 2001-12-31 | CA$20.68 Million ≈ $14.96 Million |
+41.67% |
| 2000-12-31 | CA$14.59 Million ≈ $10.56 Million |
-15.64% |
| 1999-12-31 | CA$17.30 Million ≈ $12.51 Million |
+183.61% |
| 1998-12-31 | CA$6.10 Million ≈ $4.41 Million |
+281.25% |
| 1997-12-31 | CA$1.60 Million ≈ $1.16 Million |
-30.43% |
| 1996-12-31 | CA$2.30 Million ≈ $1.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Diversified Royalty 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 8433200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Diversified Royalty Corp Net Assets Breakdown (December 2025)
Diversified Royalty Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$330.55 Million | 114.54% |
| Other Comprehensive Income | CA$7.39 Million | 2.56% |
| Other Components | CA$40.19 Million | 13.93% |
| Total Equity | CA$288.59 Million | 100.00% |
Diversified Royalty Corp Competitors by Market Cap
The table below lists competitors of Diversified Royalty Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Hicin Pharmaceutical Co Ltd
SHE:300584
|
$557.17 Million |
|
Zhejiang Gongdong Medical Technology Co Ltd
SHG:605369
|
$557.22 Million |
|
ALLIANZ TECHNO.TR.LS-025
F:28X
|
$557.41 Million |
|
Shenzhen Sinovatio Technology Co Ltd Class A
SHE:002912
|
$557.45 Million |
|
Hunan Lead Power Dazhi Technology Inc Co
SHE:300530
|
$557.08 Million |
|
Wuxi Delinhai Environmental Technology Co Ltd
SHG:688069
|
$556.96 Million |
|
Krispy Kreme Inc
NASDAQ:DNUT
|
$556.93 Million |
|
APAQ Technology Co Ltd
TW:6449
|
$556.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diversified Royalty Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 288,800,000 to 288,594,000, a change of -206,000 (-0.1%).
- Net income of 36,669,000 contributed positively to equity growth.
- Dividend payments of 38,696,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,388,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$36.67 Million | +12.71% |
| Dividends Paid | CA$38.70 Million | -13.41% |
| Other Comprehensive Income | CA$2.39 Million | +0.83% |
| Other Changes | CA$-568.00K | -0.2% |
| Total Change | CA$- | -0.07% |
Book Value vs Market Value Analysis
This analysis compares Diversified Royalty 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
- Current price-to-book ratio: 2.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.86x to 2.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$0.41 | CA$4.08 | x |
| 1997-12-31 | CA$0.24 | CA$4.08 | x |
| 1998-12-31 | CA$0.61 | CA$4.08 | x |
| 1999-12-31 | CA$1.18 | CA$4.08 | x |
| 2000-12-31 | CA$0.95 | CA$4.08 | x |
| 2001-12-31 | CA$1.33 | CA$4.08 | x |
| 2002-12-31 | CA$2.06 | CA$4.08 | x |
| 2003-12-31 | CA$3.37 | CA$4.08 | x |
| 2004-12-31 | CA$4.36 | CA$4.08 | x |
| 2005-12-31 | CA$2.61 | CA$4.08 | x |
| 2006-12-31 | CA$1.42 | CA$4.08 | x |
| 2007-12-31 | CA$0.65 | CA$4.08 | x |
| 2008-12-31 | CA$0.46 | CA$4.08 | x |
| 2009-12-31 | CA$1.01 | CA$4.08 | x |
| 2010-12-31 | CA$1.89 | CA$4.08 | x |
| 2011-12-31 | CA$1.59 | CA$4.08 | x |
| 2012-12-31 | CA$1.83 | CA$4.08 | x |
| 2013-12-31 | CA$1.75 | CA$4.08 | x |
| 2014-12-31 | CA$3.07 | CA$4.08 | x |
| 2015-12-31 | CA$2.82 | CA$4.08 | x |
| 2016-12-31 | CA$1.84 | CA$4.08 | x |
| 2017-12-31 | CA$1.90 | CA$4.08 | x |
| 2018-12-31 | CA$1.78 | CA$4.08 | x |
| 2019-12-31 | CA$1.72 | CA$4.08 | x |
| 2020-12-31 | CA$1.60 | CA$4.08 | x |
| 2021-12-31 | CA$1.41 | CA$4.08 | x |
| 2022-12-31 | CA$1.84 | CA$4.08 | x |
| 2023-12-31 | CA$1.65 | CA$4.08 | x |
| 2024-12-31 | CA$1.76 | CA$4.08 | x |
| 2025-12-31 | CA$1.69 | CA$4.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diversified Royalty Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 51.80%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.12x
- Recent ROE (12.71%) is above the historical average (-10.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -111.11% | -2000.00% | 0.02x | 2.94x | CA$-2.18 Million |
| 1997 | -187.50% | -3000.00% | 0.01x | 4.50x | CA$-3.16 Million |
| 1998 | 4.92% | 5.56% | 0.46x | 1.92x | CA$-310.00K |
| 1999 | 36.42% | 28.51% | 1.08x | 1.18x | CA$4.57 Million |
| 2000 | -15.47% | -28.35% | 0.41x | 1.35x | CA$-3.72 Million |
| 2001 | 22.86% | 20.18% | 0.80x | 1.42x | CA$2.66 Million |
| 2002 | 35.33% | 26.07% | 0.92x | 1.48x | CA$8.99 Million |
| 2003 | 32.89% | 27.75% | 0.92x | 1.28x | CA$13.48 Million |
| 2004 | -23.17% | -73.19% | 0.28x | 1.13x | CA$-26.54 Million |
| 2005 | -44.44% | -85.62% | 0.45x | 1.16x | CA$-30.68 Million |
| 2006 | -88.26% | -246.28% | 0.29x | 1.25x | CA$-30.09 Million |
| 2007 | -103.97% | -107.06% | 0.53x | 1.84x | CA$-19.47 Million |
| 2008 | -36.94% | -55.88% | 0.33x | 2.02x | CA$-5.89 Million |
| 2009 | 54.25% | 54.58% | 0.59x | 1.69x | CA$12.49 Million |
| 2010 | 21.51% | 44.08% | 0.42x | 1.16x | CA$7.71 Million |
| 2011 | -15.30% | 0.00% | 0.00x | 1.21x | CA$-15.39 Million |
| 2012 | 13.11% | 32.86% | 0.38x | 1.04x | CA$2.20 Million |
| 2013 | -5.29% | 0.00% | 0.00x | 1.03x | CA$-10.37 Million |
| 2014 | 5.39% | 228.59% | 0.02x | 1.13x | CA$-6.34 Million |
| 2015 | 2.47% | 30.48% | 0.06x | 1.26x | CA$-18.18 Million |
| 2016 | 5.13% | 37.93% | 0.11x | 1.20x | CA$-10.16 Million |
| 2017 | 5.72% | 55.26% | 0.07x | 1.56x | CA$-8.65 Million |
| 2018 | 5.25% | 37.89% | 0.08x | 1.65x | CA$-9.15 Million |
| 2019 | 7.44% | 46.10% | 0.09x | 1.83x | CA$-4.83 Million |
| 2020 | -4.68% | -29.13% | 0.09x | 1.89x | CA$-27.85 Million |
| 2021 | 12.28% | 63.08% | 0.10x | 1.99x | CA$4.37 Million |
| 2022 | 6.65% | 34.44% | 0.10x | 1.96x | CA$-7.83 Million |
| 2023 | 13.36% | 56.15% | 0.10x | 2.39x | CA$7.98 Million |
| 2024 | 9.22% | 40.96% | 0.11x | 2.00x | CA$-2.26 Million |
| 2025 | 12.71% | 51.80% | 0.12x | 2.12x | CA$7.81 Million |
Industry Comparison
This section compares Diversified Royalty Corp's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,607,658,250
- Average return on equity (ROE) among peers: 0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Diversified Royalty Corp (DIV) | CA$335.76 Million | -111.11% | 2.20x | $557.10 Million |
| Wildpack Beverage Inc (CANS) | $21.36 Million | -64.12% | 2.41x | $362.36K |
| Calian Technologies Ltd (CGY) | $321.28 Million | 6.40% | 1.25x | $684.98 Million |
| Data Communications Management Ltd (DCM) | $37.42 Million | 24.73% | 8.57x | $89.45 Million |
| Dexterra Group Inc (DXT) | $305.06 Million | -2.57% | 0.57x | $810.98 Million |
| GDI Integrated (GDI) | $206.87 Million | -0.49% | 1.25x | $391.59 Million |
| K-Bro Linen Inc. (KBL) | $196.05 Million | 5.56% | 0.80x | $385.96 Million |
| RB Global (RBA) | $709.22 Million | 12.83% | 0.58x | $16.80 Billion |
| Thomson Reuters Corp (TRI) | $11.06 Billion | 24.36% | 0.69x | $51.82 Billion |
About Diversified Royalty Corp
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Sutton, Mr. Lube + Tires, Loyalty Inc., Mr. Mikes, Nurse Next Door, Oxford, Stratus, Cheba Hut, Inc. and BarBurrito trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified … Read more