Diamcor Mining (DMI) - Net Assets
Based on the latest financial reports, Diamcor Mining (DMI) has net assets worth CA$-6.57 Million CAD (≈ $-4.75 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.22 Million ≈ $3.06 Million USD) and total liabilities (CA$10.79 Million ≈ $7.81 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Diamcor Mining total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-6.57 Million |
| % of Total Assets | -155.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -710.84% |
| Growth Volatility | 172.04 |
Diamcor Mining - Net Assets Trend (1998–2024)
This chart illustrates how Diamcor Mining's net assets have evolved over time, based on quarterly financial data. Also explore Diamcor Mining balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Diamcor Mining (1998–2024)
The table below shows the annual net assets of Diamcor Mining from 1998 to 2024. For live valuation and market cap data, see Diamcor Mining market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | CA$-9.06 Million ≈ $-6.56 Million |
-277.40% |
| 2023-03-31 | CA$-2.40 Million ≈ $-1.74 Million |
-7.88% |
| 2022-03-31 | CA$-2.23 Million ≈ $-1.61 Million |
+48.05% |
| 2021-03-31 | CA$-4.29 Million ≈ $-3.10 Million |
-73.92% |
| 2020-03-31 | CA$-2.46 Million ≈ $-1.78 Million |
-366.54% |
| 2019-03-31 | CA$924.43K ≈ $668.72K |
-64.87% |
| 2018-03-31 | CA$2.63 Million ≈ $1.90 Million |
+4.90% |
| 2017-03-31 | CA$2.51 Million ≈ $1.81 Million |
+365.89% |
| 2016-03-31 | CA$-943.42K ≈ $-682.45K |
-163.58% |
| 2015-03-31 | CA$1.48 Million ≈ $1.07 Million |
-9.65% |
| 2014-03-31 | CA$1.64 Million ≈ $1.19 Million |
+130.90% |
| 2013-03-31 | CA$-5.31 Million ≈ $-3.84 Million |
-188.07% |
| 2012-03-31 | CA$-1.84 Million ≈ $-1.33 Million |
-197.11% |
| 2011-03-31 | CA$1.90 Million ≈ $1.37 Million |
+97.72% |
| 2010-03-31 | CA$960.65K ≈ $694.92K |
+817.35% |
| 2009-03-31 | CA$-133.92K ≈ $-96.87K |
-419.58% |
| 2008-03-31 | CA$41.90K ≈ $30.31K |
-77.88% |
| 2007-03-31 | CA$189.44K ≈ $137.04K |
+103.99% |
| 2006-03-31 | CA$92.87K ≈ $67.18K |
+120.59% |
| 2005-03-31 | CA$-451.09K ≈ $-326.31K |
-43.30% |
| 2004-03-31 | CA$-314.78K ≈ $-227.70K |
-230.82% |
| 2003-03-31 | CA$240.61K ≈ $174.06K |
+867.95% |
| 2002-03-31 | CA$-31.33K ≈ $-22.67K |
-102.12% |
| 2001-03-31 | CA$1.48 Million ≈ $1.07 Million |
-0.50% |
| 2000-03-31 | CA$1.48 Million ≈ $1.07 Million |
+1889.76% |
| 1999-03-31 | CA$-82.92K ≈ $-59.98K |
-438.36% |
| 1998-03-31 | CA$24.50K ≈ $17.73K |
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Equity Component Analysis
This analysis shows how different components contribute to Diamcor Mining'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 4844283100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$41.80 Million | % |
| Other Comprehensive Income | CA$-10.13 Million | % |
| Other Components | CA$14.07 Million | % |
| Total Equity | CA$-5.41 Million | 100.00% |
Diamcor Mining Competitors by Market Cap
The table below lists competitors of Diamcor Mining ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Value Management & Research AG
F:VMR1
|
$1.22 Million |
|
Gaming Realms plc
LSE:GMR
|
$1.22 Million |
|
Shree Ram Proteins Limited
NSE:SRPL
|
$1.22 Million |
|
Tongyang Inc
KO:001527
|
$1.23 Million |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
$1.22 Million |
|
Eurocell PLC
LSE:ECEL
|
$1.22 Million |
|
Devolver Digital Inc
LSE:DEVO
|
$1.22 Million |
|
Mpower Group Ltd
AU:MPR
|
$1.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diamcor Mining's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 814,553 to -5,405,561, a change of -6,220,114 (-763.6%).
- Net loss of 5,644,231 reduced equity.
- Other comprehensive income decreased equity by 10,128,158.
- Other factors increased equity by 9,552,275.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.64 Million | -104.42% |
| Other Comprehensive Income | CA$-10.13 Million | -187.37% |
| Other Changes | CA$9.55 Million | +176.71% |
| Total Change | CA$- | -763.62% |
Book Value vs Market Value Analysis
This analysis compares Diamcor Mining'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-03-31 | CA$0.06 | CA$0.01 | x |
| 1999-03-31 | CA$-0.18 | CA$0.01 | x |
| 2000-03-31 | CA$2.34 | CA$0.01 | x |
| 2001-03-31 | CA$1.05 | CA$0.01 | x |
| 2002-03-31 | CA$-0.02 | CA$0.01 | x |
| 2003-03-31 | CA$0.13 | CA$0.01 | x |
| 2004-03-31 | CA$-0.14 | CA$0.01 | x |
| 2005-03-31 | CA$-0.15 | CA$0.01 | x |
| 2006-03-31 | CA$0.03 | CA$0.01 | x |
| 2007-03-31 | CA$0.06 | CA$0.01 | x |
| 2008-03-31 | CA$0.00 | CA$0.01 | x |
| 2009-03-31 | CA$-0.01 | CA$0.01 | x |
| 2010-03-31 | CA$0.07 | CA$0.01 | x |
| 2011-03-31 | CA$0.08 | CA$0.01 | x |
| 2012-03-31 | CA$-0.05 | CA$0.01 | x |
| 2013-03-31 | CA$-0.13 | CA$0.01 | x |
| 2014-03-31 | CA$0.09 | CA$0.01 | x |
| 2015-03-31 | CA$0.10 | CA$0.01 | x |
| 2016-03-31 | CA$0.05 | CA$0.01 | x |
| 2017-03-31 | CA$0.14 | CA$0.01 | x |
| 2018-03-31 | CA$0.14 | CA$0.01 | x |
| 2019-03-31 | CA$0.09 | CA$0.01 | x |
| 2020-03-31 | CA$0.02 | CA$0.01 | x |
| 2021-03-31 | CA$0.00 | CA$0.01 | x |
| 2022-03-31 | CA$0.02 | CA$0.01 | x |
| 2023-03-31 | CA$0.01 | CA$0.01 | x |
| 2024-03-31 | CA$-0.04 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diamcor Mining utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -502.25%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-301.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -2503.34% | -61344300.00% | 0.00x | 2.37x | CA$-615.89K |
| 1999 | 0.00% | -10742000.00% | 0.00x | 0.00x | CA$-99.13K |
| 2000 | -10.54% | -15648600.00% | 0.00x | 1.02x | CA$-304.88K |
| 2001 | -22.53% | -16635300.00% | 0.00x | 1.05x | CA$-480.36K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.91 Million |
| 2003 | -288.32% | 0.00% | 0.00x | 5.67x | CA$-717.79K |
| 2004 | 0.00% | -87.17% | 0.96x | 0.00x | CA$-946.14K |
| 2005 | 0.00% | -32.92% | 1.55x | 0.00x | CA$-503.56K |
| 2006 | 457.91% | 22.46% | 2.35x | 8.66x | CA$415.96K |
| 2007 | -510.76% | -128.94% | 1.16x | 3.41x | CA$-986.53K |
| 2008 | -3018.93% | 0.00% | 0.00x | 10.39x | CA$-1.27 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.06 Million |
| 2010 | -116.42% | 0.00% | 0.00x | 2.52x | CA$-1.21 Million |
| 2011 | -141.15% | 0.00% | 0.00x | 4.35x | CA$-2.87 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-3.32 Million |
| 2013 | 0.00% | -568.44% | 0.07x | 0.00x | CA$-2.69 Million |
| 2014 | -102.10% | -77.07% | 0.36x | 3.64x | CA$-3.63 Million |
| 2015 | -48.75% | -63.05% | 0.28x | 2.74x | CA$-2.34 Million |
| 2016 | -141.78% | -62.09% | 0.55x | 4.14x | CA$-3.11 Million |
| 2017 | -17.98% | -19.76% | 0.50x | 1.82x | CA$-1.82 Million |
| 2018 | -40.77% | -51.01% | 0.52x | 1.53x | CA$-3.78 Million |
| 2019 | -45.98% | -63.55% | 0.47x | 1.53x | CA$-3.18 Million |
| 2020 | -277.50% | -87.20% | 0.44x | 7.24x | CA$-3.58 Million |
| 2021 | -1051.07% | -204.52% | 0.17x | 31.09x | CA$-3.12 Million |
| 2022 | -100.08% | -41.92% | 0.64x | 3.73x | CA$-2.66 Million |
| 2023 | -161.49% | -18.24% | 0.90x | 9.85x | CA$-1.40 Million |
| 2024 | 0.00% | -502.25% | 0.28x | 0.00x | CA$-5.10 Million |
Industry Comparison
This section compares Diamcor Mining'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: $19,020,437
- Average return on equity (ROE) among peers: -25.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Diamcor Mining (DMI) | CA$-6.57 Million | -2503.34% | N/A | $1.22 Million |
| AbraSilver Resource Corp. (ABRA) | $8.76 Million | -117.42% | 2.77x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-1.32 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $7.61 Million | -10.85% | 0.15x | $1.73 Million |
| Adyton Resources Corp (ADY) | $276.14K | -90.50% | 0.96x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.83 Million | -11.80% | 0.15x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $79.55 Million | 12.51% | 0.72x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $33.89 Million | -9.22% | 0.12x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $14.12 Million | -24.77% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $26.52 Million | -4.99% | 0.01x | $3.47 Million |
About Diamcor Mining
Diamcor Mining Inc., a junior mining and exploration company, identifies, acquires, explores, evaluates, operates, and develops diamond-based resource properties. The company's flagship property is the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa. The company was incorpor… Read more