Durango Resources Inc. (DGO) - Net Assets
Based on the latest financial reports, Durango Resources Inc. (DGO) has net assets worth CA$767.26K CAD (≈ $555.02K USD) as of January 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.50 Million ≈ $1.08 Million USD) and total liabilities (CA$729.65K ≈ $527.82K 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 Durango Resources Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$767.26K |
| % of Total Assets | 51.26% |
| Annual Growth Rate | 11.41% |
| 5-Year Change | 39.41% |
| 10-Year Change | 95.04% |
| Growth Volatility | 126.23 |
Durango Resources Inc. - Net Assets Trend (2008–2024)
This chart illustrates how Durango Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Durango Resources Inc. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Durango Resources Inc. (2008–2024)
The table below shows the annual net assets of Durango Resources Inc. from 2008 to 2024. For live valuation and market cap data, see DGO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | CA$937.60K ≈ $678.24K |
-14.04% |
| 2023-07-31 | CA$1.09 Million ≈ $788.98K |
+29.21% |
| 2022-07-31 | CA$844.14K ≈ $610.64K |
-70.05% |
| 2021-07-31 | CA$2.82 Million ≈ $2.04 Million |
+319.05% |
| 2020-07-31 | CA$672.56K ≈ $486.52K |
+4.93% |
| 2019-07-31 | CA$640.95K ≈ $463.65K |
-77.23% |
| 2018-07-31 | CA$2.82 Million ≈ $2.04 Million |
-7.01% |
| 2017-07-31 | CA$3.03 Million ≈ $2.19 Million |
+80.56% |
| 2016-07-31 | CA$1.68 Million ≈ $1.21 Million |
+248.79% |
| 2015-07-31 | CA$480.72K ≈ $347.75K |
-24.26% |
| 2014-07-31 | CA$634.72K ≈ $459.15K |
+5.62% |
| 2013-07-31 | CA$600.97K ≈ $434.74K |
-68.27% |
| 2012-07-31 | CA$1.89 Million ≈ $1.37 Million |
-35.84% |
| 2011-07-31 | CA$2.95 Million ≈ $2.14 Million |
+76.25% |
| 2010-07-31 | CA$1.67 Million ≈ $1.21 Million |
+151.01% |
| 2009-07-31 | CA$667.23K ≈ $482.66K |
+300.66% |
| 2008-07-31 | CA$166.53K ≈ $120.47K |
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Equity Component Analysis
This analysis shows how different components contribute to Durango Resources Inc.'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 1055686500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$11.74 Million | 1252.03% |
| Total Equity | CA$937.60K | 100.00% |
Durango Resources Inc. Competitors by Market Cap
The table below lists competitors of Durango Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiankun International Bhd
KLSE:8923
|
$7.84 Million |
|
IMPRENDIROMA S.P.A.
F:Y37
|
$7.84 Million |
|
Lifecare AS
OL:LIFE
|
$7.84 Million |
|
Arb Bhd
KLSE:7181
|
$7.84 Million |
|
Widad Group Bhd
KLSE:0162
|
$7.84 Million |
|
Forum Energy Metals Corp
V:FMC
|
$7.83 Million |
|
Theriva Biologics Inc.
NYSE MKT:TOVX
|
$7.83 Million |
|
WH Smith PLC
LSE:SMWH
|
$7.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Durango Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,090,680 to 937,599, a change of -153,081 (-14.0%).
- Net loss of 187,827 reduced equity.
- Other factors increased equity by 34,746.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-187.83K | -20.03% |
| Other Changes | CA$34.75K | +3.71% |
| Total Change | CA$- | -14.04% |
Book Value vs Market Value Analysis
This analysis compares Durango Resources Inc.'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: 11.55x
- 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 0.24x to 11.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-07-31 | CA$0.48 | CA$0.12 | x |
| 2009-07-31 | CA$1.96 | CA$0.12 | x |
| 2010-07-31 | CA$1.65 | CA$0.12 | x |
| 2011-07-31 | CA$1.55 | CA$0.12 | x |
| 2012-07-31 | CA$0.82 | CA$0.12 | x |
| 2013-07-31 | CA$0.22 | CA$0.12 | x |
| 2014-07-31 | CA$0.11 | CA$0.12 | x |
| 2015-07-31 | CA$0.05 | CA$0.12 | x |
| 2016-07-31 | CA$0.10 | CA$0.12 | x |
| 2017-07-31 | CA$0.10 | CA$0.12 | x |
| 2018-07-31 | CA$0.07 | CA$0.12 | x |
| 2019-07-31 | CA$0.02 | CA$0.12 | x |
| 2020-07-31 | CA$0.02 | CA$0.12 | x |
| 2021-07-31 | CA$0.04 | CA$0.12 | x |
| 2022-07-31 | CA$0.01 | CA$0.12 | x |
| 2023-07-31 | CA$0.01 | CA$0.12 | x |
| 2024-07-31 | CA$0.01 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Durango Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.66x
- Recent ROE (-20.03%) is above the historical average (-74.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -21.96% | 0.00% | 0.00x | 1.83x | CA$-53.22K |
| 2009 | -23.54% | 0.00% | 0.00x | 1.03x | CA$-223.79K |
| 2010 | -21.15% | 0.00% | 0.00x | 1.01x | CA$-521.63K |
| 2011 | -13.57% | 0.00% | 0.00x | 1.03x | CA$-695.85K |
| 2012 | -67.53% | 0.00% | 0.00x | 1.05x | CA$-1.47 Million |
| 2013 | -246.70% | 0.00% | 0.00x | 1.12x | CA$-1.54 Million |
| 2014 | -34.89% | 0.00% | 0.00x | 1.24x | CA$-284.96K |
| 2015 | -50.63% | 0.00% | 0.00x | 1.57x | CA$-291.46K |
| 2016 | -26.48% | 0.00% | 0.00x | 1.09x | CA$-611.74K |
| 2017 | 13.85% | 0.00% | 0.00x | 1.02x | CA$116.68K |
| 2018 | -0.64% | 0.00% | 0.00x | 1.10x | CA$-299.64K |
| 2019 | -391.76% | 0.00% | 0.00x | 1.22x | CA$-2.58 Million |
| 2020 | -49.31% | 0.00% | 0.00x | 1.43x | CA$-398.89K |
| 2021 | -11.63% | 0.00% | 0.00x | 1.03x | CA$-609.59K |
| 2022 | -280.61% | 0.00% | 0.00x | 1.17x | CA$-2.45 Million |
| 2023 | -26.47% | 0.00% | 0.00x | 1.43x | CA$-397.77K |
| 2024 | -20.03% | 0.00% | 0.00x | 1.66x | CA$-281.59K |
Industry Comparison
This section compares Durango Resources Inc.'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: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Durango Resources Inc. (DGO) | CA$767.26K | -21.96% | 0.95x | $7.84 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Durango Resources Inc.
Durango Resources Inc. engages in the acquisition and exploration of precious and base mineral resource properties in Canada. It explores in antimony, rare earth, and copper deposits. The company was formerly known as Atocha Resources Inc. and changed its name to Durango Resources Inc. in February 2013. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada.