Defiance Silver Corp (DEF) - Net Assets
Based on the latest financial reports, Defiance Silver Corp (DEF) has net assets worth CA$62.66 Million CAD (≈ $45.33 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$63.38 Million ≈ $45.85 Million USD) and total liabilities (CA$720.25K ≈ $521.02K 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 DEF asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$62.66 Million |
| % of Total Assets | 98.86% |
| Annual Growth Rate | 35.05% |
| 5-Year Change | 195.56% |
| 10-Year Change | 2243.29% |
| Growth Volatility | 61.5 |
Defiance Silver Corp - Net Assets Trend (2011–2024)
This chart illustrates how Defiance Silver Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Defiance Silver Corp for the complete picture of this company's asset base.
Annual Net Assets for Defiance Silver Corp (2011–2024)
The table below shows the annual net assets of Defiance Silver Corp from 2011 to 2024. For live valuation and market cap data, see market cap of Defiance Silver Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$41.41 Million ≈ $29.95 Million |
+1.99% |
| 2023-06-30 | CA$40.60 Million ≈ $29.37 Million |
+1.20% |
| 2022-06-30 | CA$40.12 Million ≈ $29.02 Million |
-3.87% |
| 2021-06-30 | CA$41.73 Million ≈ $30.19 Million |
+197.86% |
| 2020-06-30 | CA$14.01 Million ≈ $10.13 Million |
+22.60% |
| 2019-06-30 | CA$11.43 Million ≈ $8.27 Million |
+103.63% |
| 2018-06-30 | CA$5.61 Million ≈ $4.06 Million |
+97.94% |
| 2017-06-30 | CA$2.84 Million ≈ $2.05 Million |
+1.91% |
| 2016-06-30 | CA$2.78 Million ≈ $2.01 Million |
+57.44% |
| 2015-06-30 | CA$1.77 Million ≈ $1.28 Million |
+48.09% |
| 2014-06-30 | CA$1.19 Million ≈ $863.22K |
-34.21% |
| 2013-06-30 | CA$1.81 Million ≈ $1.31 Million |
+7.83% |
| 2012-06-30 | CA$1.68 Million ≈ $1.22 Million |
+102.06% |
| 2011-06-30 | CA$832.51K ≈ $602.23K |
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Equity Component Analysis
This analysis shows how different components contribute to Defiance Silver 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 2216789100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$63.61 Million | 153.61% |
| Total Equity | CA$41.41 Million | 100.00% |
Defiance Silver Corp Competitors by Market Cap
The table below lists competitors of Defiance Silver Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gunawan Dianjaya Steel Tbk
JK:GDST
|
$57.95 Million |
|
FORTE MINERALS CORP.
F:2OA
|
$57.96 Million |
|
PASSUS S.A. ZY-1
F:71X
|
$57.96 Million |
|
Arrienda Rental Properties SOCIMI SA
MC:YARP
|
$58.01 Million |
|
Big Sunshine Co Ltd
TW:1475
|
$57.93 Million |
|
Fluence Corporation Limited
F:4SVE
|
$57.89 Million |
|
Environmental Group Ltd (the)
AU:EGL
|
$57.88 Million |
|
AMCON Distributing Company
NYSE MKT:DIT
|
$57.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Defiance Silver Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,599,556 to 41,408,821, a change of 809,265 (2.0%).
- Net loss of 2,349,580 reduced equity.
- New share issuances of 2,541,470 increased equity.
- Other comprehensive income decreased equity by 6,176,340.
- Other factors increased equity by 6,793,715.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.35 Million | -5.67% |
| Share Issuances | CA$2.54 Million | +6.14% |
| Other Comprehensive Income | CA$-6.18 Million | -14.92% |
| Other Changes | CA$6.79 Million | +16.41% |
| Total Change | CA$- | 1.99% |
Book Value vs Market Value Analysis
This analysis compares Defiance Silver 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: 1.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.33x to 1.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | CA$0.66 | CA$0.22 | x |
| 2009-06-30 | CA$0.10 | CA$0.22 | x |
| 2010-06-30 | CA$0.05 | CA$0.22 | x |
| 2011-06-30 | CA$0.07 | CA$0.22 | x |
| 2012-06-30 | CA$0.11 | CA$0.22 | x |
| 2013-06-30 | CA$0.09 | CA$0.22 | x |
| 2014-06-30 | CA$0.04 | CA$0.22 | x |
| 2015-06-30 | CA$0.03 | CA$0.22 | x |
| 2016-06-30 | CA$0.04 | CA$0.22 | x |
| 2017-06-30 | CA$0.03 | CA$0.22 | x |
| 2018-06-30 | CA$0.06 | CA$0.22 | x |
| 2019-06-30 | CA$0.10 | CA$0.22 | x |
| 2020-06-30 | CA$0.10 | CA$0.22 | x |
| 2021-06-30 | CA$0.22 | CA$0.22 | x |
| 2022-06-30 | CA$0.18 | CA$0.22 | x |
| 2023-06-30 | CA$0.18 | CA$0.22 | x |
| 2024-06-30 | CA$0.16 | CA$0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Defiance Silver Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-5.67%) is above the historical average (-33.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -18.83% | -5102.42% | 0.00x | 1.07x | CA$-64.53K |
| 2009 | -13.69% | -1162.24% | 0.01x | 1.14x | CA$-68.51K |
| 2010 | -39.22% | -8053.35% | 0.00x | 1.06x | CA$-253.27K |
| 2011 | -38.55% | -11400.29% | 0.00x | 1.04x | CA$-399.29K |
| 2012 | -72.56% | 0.00% | 0.00x | 1.19x | CA$-1.39 Million |
| 2013 | -49.10% | 0.00% | 0.00x | 1.21x | CA$-1.07 Million |
| 2014 | -186.65% | 0.00% | 0.00x | 1.25x | CA$-2.35 Million |
| 2015 | -47.28% | 0.00% | 0.00x | 1.20x | CA$-1.01 Million |
| 2016 | -23.38% | 0.00% | 0.00x | 1.15x | CA$-928.72K |
| 2017 | -21.75% | 0.00% | 0.00x | 1.19x | CA$-900.10K |
| 2018 | -15.38% | 0.00% | 0.00x | 1.20x | CA$-1.42 Million |
| 2019 | -12.33% | 0.00% | 0.00x | 1.23x | CA$-2.55 Million |
| 2020 | -8.95% | 0.00% | 0.00x | 1.15x | CA$-2.65 Million |
| 2021 | -7.04% | 0.00% | 0.00x | 1.03x | CA$-7.11 Million |
| 2022 | -9.62% | 0.00% | 0.00x | 1.04x | CA$-7.87 Million |
| 2023 | -6.12% | 0.00% | 0.00x | 1.03x | CA$-6.55 Million |
| 2024 | -5.67% | 0.00% | 0.00x | 1.02x | CA$-6.49 Million |
Industry Comparison
This section compares Defiance Silver 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 |
|---|---|---|---|---|
| Defiance Silver Corp (DEF) | CA$62.66 Million | -18.83% | 0.01x | $57.93 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 Defiance Silver Corp
Defiance Silver Corp., an exploration stage company, acquires, explores, evaluates, and develops mineral properties in Mexico. The company explores for gold, copper, silver, zinc, and lead, as well as polymetallic deposits. The company was formerly known as Defiance Capital Corp. and changed its name to Defiance Silver Corp. in June 2011. The company was incorporated in 2007 and is based in Vanco… Read more