Lucara Diamond Corp (LUC) - Net Assets
Based on the latest financial reports, Lucara Diamond Corp (LUC) has net assets worth CA$315.85 Million CAD (≈ $228.48 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$771.30 Million ≈ $557.95 Million USD) and total liabilities (CA$455.45 Million ≈ $329.47 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 Lucara Diamond Corp (LUC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$315.85 Million |
| % of Total Assets | 40.95% |
| Annual Growth Rate | 25.33% |
| 5-Year Change | 26.86% |
| 10-Year Change | 57.93% |
| Growth Volatility | 548.69 |
Lucara Diamond Corp - Net Assets Trend (2007–2025)
This chart illustrates how Lucara Diamond Corp's net assets have evolved over time, based on quarterly financial data. Also explore LUC current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Lucara Diamond Corp (2007–2025)
The table below shows the annual net assets of Lucara Diamond Corp from 2007 to 2025. For live valuation and market cap data, see LUC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$315.85 Million ≈ $228.48 Million |
+16.24% |
| 2024-12-31 | CA$271.73 Million ≈ $196.56 Million |
+12.22% |
| 2023-12-31 | CA$242.13 Million ≈ $175.15 Million |
-10.34% |
| 2022-12-31 | CA$270.06 Million ≈ $195.36 Million |
+8.47% |
| 2021-12-31 | CA$248.97 Million ≈ $180.10 Million |
+19.59% |
| 2020-12-31 | CA$208.19 Million ≈ $150.60 Million |
-12.13% |
| 2019-12-31 | CA$236.94 Million ≈ $171.40 Million |
-2.06% |
| 2018-12-31 | CA$241.91 Million ≈ $175.00 Million |
-5.75% |
| 2017-12-31 | CA$256.68 Million ≈ $185.68 Million |
+28.34% |
| 2016-12-31 | CA$199.99 Million ≈ $144.67 Million |
-22.09% |
| 2015-12-31 | CA$256.68 Million ≈ $185.68 Million |
+12.31% |
| 2014-12-31 | CA$228.56 Million ≈ $165.33 Million |
+12.63% |
| 2013-12-31 | CA$202.92 Million ≈ $146.79 Million |
+28.87% |
| 2012-12-31 | CA$157.46 Million ≈ $113.90 Million |
-7.57% |
| 2011-12-31 | CA$170.35 Million ≈ $123.23 Million |
+30.45% |
| 2010-12-31 | CA$130.59 Million ≈ $94.47 Million |
+5.05% |
| 2009-12-31 | CA$124.31 Million ≈ $89.93 Million |
+2400.74% |
| 2008-12-31 | CA$4.97 Million ≈ $3.60 Million |
-8.33% |
| 2007-12-31 | CA$5.42 Million ≈ $3.92 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lucara Diamond 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 grown by 5118600600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$51.14 Million | 16.19% |
| Common Stock | CA$348.77 Million | 110.42% |
| Other Comprehensive Income | CA$-94.37 Million | -29.88% |
| Other Components | CA$10.31 Million | 3.26% |
| Total Equity | CA$315.85 Million | 100.00% |
Lucara Diamond Corp Competitors by Market Cap
The table below lists competitors of Lucara Diamond Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Insurance Co Ltd
TW:2852
|
$247.64 Million |
|
Enter Air S.A.
WAR:ENT
|
$247.69 Million |
|
Chin Teck Plantations Bhd
KLSE:1929
|
$247.73 Million |
|
Codere Online US Corp
NASDAQ:CDRO
|
$247.83 Million |
|
Daehan Steel
KO:084010
|
$247.38 Million |
|
Launch One Acquisition Corp. Class A Ordinary shares
NASDAQ:LPAA
|
$247.25 Million |
|
Dolly Varden Silver Corporation
V:DV
|
$247.21 Million |
|
Stic Investments Inc
KO:026890
|
$247.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lucara Diamond Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 271,729,000 to 315,849,153, a change of 44,120,153 (16.2%).
- Net income of 26,572,156 contributed positively to equity growth.
- Other comprehensive income increased equity by 18,012,062.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$26.57 Million | +8.41% |
| Other Comprehensive Income | CA$18.01 Million | +5.7% |
| Other Changes | CA$-464.06K | -0.15% |
| Total Change | CA$- | 16.24% |
Book Value vs Market Value Analysis
This analysis compares Lucara Diamond 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: 0.34x
- 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.
- The price-to-book ratio has decreased from 0.46x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$0.50 | CA$0.23 | x |
| 2008-12-31 | CA$0.09 | CA$0.23 | x |
| 2009-12-31 | CA$0.49 | CA$0.23 | x |
| 2010-12-31 | CA$0.58 | CA$0.23 | x |
| 2011-12-31 | CA$0.46 | CA$0.23 | x |
| 2012-12-31 | CA$0.42 | CA$0.23 | x |
| 2013-12-31 | CA$0.53 | CA$0.23 | x |
| 2014-12-31 | CA$0.60 | CA$0.23 | x |
| 2015-12-31 | CA$0.67 | CA$0.23 | x |
| 2016-12-31 | CA$0.52 | CA$0.23 | x |
| 2017-12-31 | CA$0.67 | CA$0.23 | x |
| 2018-12-31 | CA$0.61 | CA$0.23 | x |
| 2019-12-31 | CA$0.60 | CA$0.23 | x |
| 2020-12-31 | CA$0.52 | CA$0.23 | x |
| 2021-12-31 | CA$0.58 | CA$0.23 | x |
| 2022-12-31 | CA$0.58 | CA$0.23 | x |
| 2023-12-31 | CA$0.53 | CA$0.23 | x |
| 2024-12-31 | CA$0.58 | CA$0.23 | x |
| 2025-12-31 | CA$0.67 | CA$0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lucara Diamond Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.36%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.44x
- Recent ROE (8.41%) is above the historical average (7.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -2.75% | 0.00% | 0.00x | 1.01x | CA$-691.17K |
| 2008 | -19.19% | 0.00% | 0.00x | 1.02x | CA$-1.45 Million |
| 2009 | -1.59% | 0.00% | 0.00x | 1.32x | CA$-12.66 Million |
| 2010 | -8.71% | 0.00% | 0.00x | 1.10x | CA$-24.43 Million |
| 2011 | -10.83% | 0.00% | 0.00x | 1.44x | CA$-34.86 Million |
| 2012 | -3.80% | -14.13% | 0.18x | 1.51x | CA$-21.47 Million |
| 2013 | 32.43% | 36.19% | 0.73x | 1.23x | CA$45.18 Million |
| 2014 | 20.70% | 17.82% | 0.84x | 1.39x | CA$24.46 Million |
| 2015 | 30.33% | 34.78% | 0.65x | 1.34x | CA$52.18 Million |
| 2016 | 35.33% | 23.91% | 0.98x | 1.51x | CA$50.66 Million |
| 2017 | 25.37% | 29.50% | 0.60x | 1.43x | CA$39.45 Million |
| 2018 | 4.82% | 6.61% | 0.48x | 1.53x | CA$-12.54 Million |
| 2019 | 5.37% | 6.60% | 0.56x | 1.46x | CA$-10.98 Million |
| 2020 | -12.62% | -20.98% | 0.38x | 1.60x | CA$-47.10 Million |
| 2021 | 9.57% | 10.36% | 0.56x | 1.65x | CA$-1.07 Million |
| 2022 | 14.97% | 18.99% | 0.43x | 1.84x | CA$13.43 Million |
| 2023 | -8.34% | -11.71% | 0.30x | 2.38x | CA$-44.40 Million |
| 2024 | 14.69% | 19.57% | 0.31x | 2.43x | CA$12.73 Million |
| 2025 | 8.41% | 16.36% | 0.21x | 2.44x | CA$-5.01 Million |
Industry Comparison
This section compares Lucara Diamond Corp'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: $15,138,265
- Average return on equity (ROE) among peers: -30.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lucara Diamond Corp (LUC) | CA$315.85 Million | -2.75% | 1.44x | $247.42 Million |
| AbraSilver Resource Corp. (ABRA) | $-379.36K | 0.00% | 0.00x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-749.69K | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $2.06 Million | -33.58% | 0.13x | $1.73 Million |
| Adyton Resources Corp (ADY) | $12.60 Million | -18.74% | 0.03x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $80.97 Million | 9.21% | 0.87x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $35.73 Million | -9.88% | 0.10x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $2.36 Million | -67.11% | 0.29x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $7.16 Million | -141.18% | 0.01x | $3.47 Million |
About Lucara Diamond Corp
Lucara Diamond Corp., a diamond mining company, engages in the development and operation of diamond properties in Africa. It holds a 100% interest in the Karowe mine located in Botswana. The company also operates Clara Platform, a digital sales platform for rough diamonds. The company was formerly known as Bannockburn Resources Limited and changed its name to Lucara Diamond Corp. in August 2007. … Read more