Northern Dynasty Minerals Ltd Net Assets
Northern Dynasty Minerals Ltd net assets. Based on the latest financial reports, Northern Dynasty Minerals Ltd (NDM) has net assets worth CA$60.40 Million CAD (≈ $43.69 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$127.29 Million ≈ $92.08 Million USD) and total liabilities (CA$66.90 Million ≈ $48.39 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 Northern Dynasty Minerals Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$60.40 Million |
| % of Total Assets | 47.45% |
| Annual Growth Rate | 18.88% |
| 5-Year Change | -43.59% |
| 10-Year Change | -37.28% |
| Growth Volatility | 206.09 |
Net Assets of Northern Dynasty Minerals Ltd (2001–2024)
Net assets of Northern Dynasty Minerals Ltd from 2001 to 2024. This chart illustrates how Northern Dynasty Minerals Ltd's net assets have evolved over time, based on quarterly financial data. See Northern Dynasty Minerals Ltd (NDM) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Northern Dynasty Minerals Ltd (2001–2024)
The table below shows the annual net assets of Northern Dynasty Minerals Ltd from 2001 to 2024. For live market cap and overall valuation, see how much is Northern Dynasty Minerals Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$97.20 Million ≈ $70.31 Million |
-21.16% |
| 2023-12-31 | CA$123.28 Million ≈ $89.18 Million |
-13.60% |
| 2022-12-31 | CA$142.69 Million ≈ $103.22 Million |
-8.24% |
| 2021-12-31 | CA$155.49 Million ≈ $112.48 Million |
-9.76% |
| 2020-12-31 | CA$172.31 Million ≈ $124.64 Million |
+24.40% |
| 2019-12-31 | CA$138.50 Million ≈ $100.19 Million |
-6.55% |
| 2018-12-31 | CA$148.21 Million ≈ $107.21 Million |
+7.79% |
| 2017-12-31 | CA$137.50 Million ≈ $99.47 Million |
-7.62% |
| 2016-12-31 | CA$148.85 Million ≈ $107.67 Million |
-3.96% |
| 2015-12-31 | CA$154.98 Million ≈ $112.11 Million |
+21.11% |
| 2014-12-31 | CA$127.96 Million ≈ $92.57 Million |
-4.45% |
| 2013-12-31 | CA$133.93 Million ≈ $96.88 Million |
+3.91% |
| 2012-12-31 | CA$128.89 Million ≈ $93.24 Million |
-8.82% |
| 2011-12-31 | CA$141.36 Million ≈ $102.25 Million |
+0.93% |
| 2010-12-31 | CA$140.06 Million ≈ $101.32 Million |
-4.11% |
| 2009-12-31 | CA$146.07 Million ≈ $105.66 Million |
+504.35% |
| 2008-12-31 | CA$-36.12 Million ≈ $-26.13 Million |
-124.94% |
| 2007-12-31 | CA$144.86 Million ≈ $104.79 Million |
-26.66% |
| 2006-12-31 | CA$197.53 Million ≈ $142.89 Million |
+602.07% |
| 2005-12-31 | CA$28.14 Million ≈ $20.35 Million |
+25.51% |
| 2004-12-31 | CA$22.42 Million ≈ $16.22 Million |
+589.10% |
| 2003-12-31 | CA$3.25 Million ≈ $2.35 Million |
+552.07% |
| 2002-12-31 | CA$498.86K ≈ $360.87K |
-72.59% |
| 2001-12-31 | CA$1.82 Million ≈ $1.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Northern Dynasty Minerals Ltd'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 72678210600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Northern Dynasty Minerals Ltd Net Assets Breakdown (December 2024)
Northern Dynasty Minerals Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$702.75 Million | 723.02% |
| Other Comprehensive Income | CA$127.31 Million | 130.98% |
| Total Equity | CA$97.20 Million | 100.00% |
Northern Dynasty Minerals Ltd Competitors by Market Cap
The table below lists competitors of Northern Dynasty Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Banbao Toy Co Ltd
SHG:603398
|
$387.71 Million |
|
Dipula Income Fund Ltd
JSE:DIB
|
$387.74 Million |
|
Shandong Synthesis Electronic Technology Co Ltd
SHE:300479
|
$387.81 Million |
|
Gigasolar Materials
TWO:3691
|
$387.91 Million |
|
Banyan Gold Corp
V:BYN
|
$387.68 Million |
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
$387.62 Million |
|
Kangxin New Materials Co Ltd
SHG:600076
|
$387.60 Million |
|
Advantage Solutions Inc
NASDAQ:ADV
|
$387.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern Dynasty Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 123,284,000 to 97,197,000, a change of -26,087,000 (-21.2%).
- Net loss of 36,149,000 reduced equity.
- Share repurchases of 23,000 reduced equity.
- Other comprehensive income increased equity by 10,021,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-36.15 Million | -37.19% |
| Share Repurchases | CA$23.00K | -0.02% |
| Other Comprehensive Income | CA$10.02 Million | +10.31% |
| Other Changes | CA$64.00K | +0.07% |
| Total Change | CA$- | -21.16% |
Book Value vs Market Value Analysis
This analysis compares Northern Dynasty Minerals Ltd'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: 5.37x
- 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 increased from 3.97x to 5.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$0.24 | CA$0.97 | x |
| 2002-12-31 | CA$0.04 | CA$0.97 | x |
| 2003-12-31 | CA$0.14 | CA$0.97 | x |
| 2004-12-31 | CA$0.56 | CA$0.97 | x |
| 2005-12-31 | CA$0.50 | CA$0.97 | x |
| 2006-12-31 | CA$2.54 | CA$0.97 | x |
| 2007-12-31 | CA$1.19 | CA$0.97 | x |
| 2008-12-31 | CA$-0.39 | CA$0.97 | x |
| 2009-12-31 | CA$1.57 | CA$0.97 | x |
| 2010-12-31 | CA$1.49 | CA$0.97 | x |
| 2011-12-31 | CA$1.49 | CA$0.97 | x |
| 2012-12-31 | CA$1.36 | CA$0.97 | x |
| 2013-12-31 | CA$1.41 | CA$0.97 | x |
| 2014-12-31 | CA$1.35 | CA$0.97 | x |
| 2015-12-31 | CA$1.06 | CA$0.97 | x |
| 2016-12-31 | CA$0.60 | CA$0.97 | x |
| 2017-12-31 | CA$0.46 | CA$0.97 | x |
| 2018-12-31 | CA$0.47 | CA$0.97 | x |
| 2019-12-31 | CA$0.39 | CA$0.97 | x |
| 2020-12-31 | CA$0.36 | CA$0.97 | x |
| 2021-12-31 | CA$0.30 | CA$0.97 | x |
| 2022-12-31 | CA$0.27 | CA$0.97 | x |
| 2023-12-31 | CA$0.23 | CA$0.97 | x |
| 2024-12-31 | CA$0.18 | CA$0.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern Dynasty Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -37.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.41x
- Recent ROE (-37.19%) is above the historical average (-91.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -79.95% | 0.00% | 0.00x | 1.42x | CA$-1.64 Million |
| 2002 | -1024.73% | 0.00% | 0.00x | 1.37x | CA$-5.16 Million |
| 2003 | -255.12% | 0.00% | 0.00x | 1.13x | CA$-8.62 Million |
| 2004 | -186.03% | 0.00% | 0.00x | 1.13x | CA$-43.94 Million |
| 2005 | -178.84% | 0.00% | 0.00x | 1.11x | CA$-53.13 Million |
| 2006 | -29.56% | 0.00% | 0.00x | 1.35x | CA$-78.14 Million |
| 2007 | -95.15% | 0.00% | 0.00x | 1.92x | CA$-114.94 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-146.29 Million |
| 2009 | -8.72% | 0.00% | 0.00x | 1.03x | CA$-27.35 Million |
| 2010 | -10.08% | 0.00% | 0.00x | 1.03x | CA$-28.12 Million |
| 2011 | -14.25% | 0.00% | 0.00x | 1.03x | CA$-34.27 Million |
| 2012 | -12.15% | 0.00% | 0.00x | 1.03x | CA$-28.55 Million |
| 2013 | -1.88% | 0.00% | 0.00x | 1.06x | CA$-15.92 Million |
| 2014 | -24.50% | 0.00% | 0.00x | 1.06x | CA$-44.14 Million |
| 2015 | -21.83% | 0.00% | 0.00x | 1.02x | CA$-49.33 Million |
| 2016 | -18.13% | 0.00% | 0.00x | 1.01x | CA$-41.87 Million |
| 2017 | -47.17% | 0.00% | 0.00x | 1.47x | CA$-78.62 Million |
| 2018 | -10.77% | 0.00% | 0.00x | 1.09x | CA$-30.78 Million |
| 2019 | -49.96% | 0.00% | 0.00x | 1.12x | CA$-83.04 Million |
| 2020 | -37.07% | 0.00% | 0.00x | 1.05x | CA$-81.10 Million |
| 2021 | -20.29% | 0.00% | 0.00x | 1.02x | CA$-47.09 Million |
| 2022 | -17.13% | 0.00% | 0.00x | 1.02x | CA$-38.71 Million |
| 2023 | -17.03% | 0.00% | 0.00x | 1.17x | CA$-33.32 Million |
| 2024 | -37.19% | 0.00% | 0.00x | 1.41x | CA$-45.87 Million |
Industry Comparison
This section compares Northern Dynasty Minerals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $20,486,864
- Average return on equity (ROE) among peers: -11.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northern Dynasty Minerals Ltd (NDM) | CA$60.40 Million | -79.95% | 1.11x | $387.70 Million |
| Aftermath Silver Ltd (AAG) | $-553.76K | 0.00% | 0.00x | $113.94 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $31.35 Million |
| Arbor Metals Corp (ABR) | $-81.69K | 0.00% | 0.00x | $4.10 Million |
| Asiabasemetals Inc (ABZ) | $-30.55K | 0.00% | 0.00x | $1.82 Million |
| Adex Mining Inc (ADE) | $-5.15 Million | 0.00% | 0.00x | $61.24 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.16 Billion |
| Silver X Mining Corp (AGX) | $6.99 Million | -54.56% | 0.04x | $128.73 Million |
| Amarc Resources Ltd. (AHR) | $5.20 Million | -41.43% | 0.02x | $165.20 Million |
| Almonty Industries Inc (AII) | $45.62 Million | -18.06% | 2.51x | $3.18 Billion |
| Aldebaran Resources Inc (ALDE) | $-11.72 Million | 0.00% | 0.00x | $470.67 Million |
About Northern Dynasty Minerals Ltd
Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. The company explores for copper, gold, molybdenum, silver, and rhenium deposits. It holds 100% interest in the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, the United States.… Read more