Dolly Varden Silver Corporation (DV) - Net Assets
Based on the latest financial reports, Dolly Varden Silver Corporation (DV) has net assets worth CA$132.43 Million CAD (≈ $95.80 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$143.44 Million ≈ $103.76 Million USD) and total liabilities (CA$11.01 Million ≈ $7.96 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 Dolly Varden Silver Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$132.43 Million |
| % of Total Assets | 92.32% |
| Annual Growth Rate | 52.99% |
| 5-Year Change | 567.16% |
| 10-Year Change | 1569.21% |
| Growth Volatility | 1060.32 |
Dolly Varden Silver Corporation - Net Assets Trend (2010–2025)
This chart illustrates how Dolly Varden Silver Corporation's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Dolly Varden Silver Corporation to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dolly Varden Silver Corporation (2010–2025)
The table below shows the annual net assets of Dolly Varden Silver Corporation from 2010 to 2025. For live valuation and market cap data, see Dolly Varden Silver Corporation (DV) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$132.43 Million ≈ $95.80 Million |
+30.02% |
| 2024-12-31 | CA$101.85 Million ≈ $73.68 Million |
+24.29% |
| 2023-12-31 | CA$81.95 Million ≈ $59.28 Million |
-14.76% |
| 2022-12-31 | CA$96.14 Million ≈ $69.54 Million |
+384.32% |
| 2021-12-31 | CA$19.85 Million ≈ $14.36 Million |
-25.54% |
| 2020-12-31 | CA$26.66 Million ≈ $19.28 Million |
+232.00% |
| 2019-12-31 | CA$8.03 Million ≈ $5.81 Million |
+22.42% |
| 2018-12-31 | CA$6.56 Million ≈ $4.74 Million |
-28.75% |
| 2017-12-31 | CA$9.20 Million ≈ $6.66 Million |
+16.02% |
| 2016-12-31 | CA$7.93 Million ≈ $5.74 Million |
+330.53% |
| 2015-12-31 | CA$1.84 Million ≈ $1.33 Million |
-90.73% |
| 2014-12-31 | CA$19.88 Million ≈ $14.38 Million |
+28.30% |
| 2013-12-31 | CA$15.50 Million ≈ $11.21 Million |
+26.34% |
| 2012-12-31 | CA$12.26 Million ≈ $8.87 Million |
+24.37% |
| 2011-12-31 | CA$9.86 Million ≈ $7.13 Million |
+4286.40% |
| 2010-12-31 | CA$224.81K ≈ $162.63K |
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Equity Component Analysis
This analysis shows how different components contribute to Dolly Varden Silver Corporation'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 16666349400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$299.19 Million | 225.93% |
| Total Equity | CA$132.43 Million | 100.00% |
Dolly Varden Silver Corporation Competitors by Market Cap
The table below lists competitors of Dolly Varden Silver Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zona Franca de Iquique S.A
SN:ZOFRI
|
$247.68 Million |
|
Humasis Co. Ltd
KQ:205470
|
$247.69 Million |
|
Formosan Rubber Group Inc
TW:2107
|
$247.73 Million |
|
Vimta Labs Limited
NSE:VIMTALABS
|
$247.75 Million |
|
Stille AB
ST:STIL
|
$247.55 Million |
|
Ledesma SAAI
BA:LEDE
|
$247.54 Million |
|
Nanhua Instruments Co Ltd
SHE:300417
|
$247.51 Million |
|
Arad Investment & Industrial Development Ltd
TA:ARAD
|
$247.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dolly Varden Silver Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 101,853,605 to 132,427,953, a change of 30,574,348 (30.0%).
- Net loss of 31,738,497 reduced equity.
- New share issuances of 58,739,232 increased equity.
- Other factors increased equity by 3,573,613.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-31.74 Million | -23.97% |
| Share Issuances | CA$58.74 Million | +44.36% |
| Other Changes | CA$3.57 Million | +2.7% |
| Total Change | CA$- | 30.02% |
Book Value vs Market Value Analysis
This analysis compares Dolly Varden Silver Corporation'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: 2.58x
- 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 0.17x to 2.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CA$22.15 | CA$3.72 | x |
| 2012-12-31 | CA$1.42 | CA$3.72 | x |
| 2013-12-31 | CA$1.24 | CA$3.72 | x |
| 2014-12-31 | CA$1.30 | CA$3.72 | x |
| 2015-12-31 | CA$0.10 | CA$3.72 | x |
| 2016-12-31 | CA$0.34 | CA$3.72 | x |
| 2017-12-31 | CA$0.24 | CA$3.72 | x |
| 2018-12-31 | CA$0.13 | CA$3.72 | x |
| 2019-12-31 | CA$0.12 | CA$3.72 | x |
| 2020-12-31 | CA$0.26 | CA$3.72 | x |
| 2021-12-31 | CA$0.15 | CA$3.72 | x |
| 2022-12-31 | CA$0.45 | CA$3.72 | x |
| 2023-12-31 | CA$0.32 | CA$3.72 | x |
| 2024-12-31 | CA$1.29 | CA$3.72 | x |
| 2025-12-31 | CA$1.44 | CA$3.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dolly Varden Silver Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-23.97%) is above the historical average (-49.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -1.47% | 0.00% | 0.00x | 1.04x | CA$-1.13 Million |
| 2012 | -39.21% | 0.00% | 0.00x | 1.09x | CA$-6.04 Million |
| 2013 | -14.73% | 0.00% | 0.00x | 1.04x | CA$-3.83 Million |
| 2014 | -5.68% | 0.00% | 0.00x | 1.03x | CA$-3.12 Million |
| 2015 | -193.44% | 0.00% | 0.00x | 2.16x | CA$-3.75 Million |
| 2016 | -62.62% | 0.00% | 0.00x | 1.11x | CA$-5.76 Million |
| 2017 | -68.12% | 0.00% | 0.00x | 1.06x | CA$-7.19 Million |
| 2018 | -127.79% | 0.00% | 0.00x | 1.05x | CA$-9.04 Million |
| 2019 | -61.32% | 0.00% | 0.00x | 1.05x | CA$-5.73 Million |
| 2020 | -27.00% | 0.00% | 0.00x | 1.05x | CA$-9.86 Million |
| 2021 | -40.96% | 0.00% | 0.00x | 1.02x | CA$-10.11 Million |
| 2022 | -17.01% | 0.00% | 0.00x | 1.04x | CA$-25.97 Million |
| 2023 | -32.52% | 0.00% | 0.00x | 1.01x | CA$-34.85 Million |
| 2024 | -20.27% | 0.00% | 0.00x | 1.04x | CA$-30.83 Million |
| 2025 | -23.97% | 0.00% | 0.00x | 1.08x | CA$-44.98 Million |
Industry Comparison
This section compares Dolly Varden Silver Corporation's net assets metrics with peer companies in the Silver industry.
Industry Context
- Industry: Silver
- Average net assets among peers: $21,222,432
- Average return on equity (ROE) among peers: -227.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dolly Varden Silver Corporation (DV) | CA$132.43 Million | -1.47% | 0.08x | $247.57 Million |
| Silver Mountain Resources Inc (AGMR) | $5.87 Million | -13.94% | 0.44x | $158.25 Million |
| Americore Resources Corp. (AMCO) | $8.11 Million | -43.42% | 0.02x | $6.67 Million |
| Apollo Silver Corp (APGO) | $20.63K | -1823.40% | 118.31x | $142.14 Million |
| Aya Gold & Silver Inc (AYA) | $140.00 Million | -0.22% | 0.15x | $2.83 Billion |
| Hercules Metals Corp. (BIG) | $12.62 Million | -157.68% | 0.09x | $148.71 Million |
| Bunker Hill Mining Corp. (BNKR) | $-26.18 Million | 0.00% | 0.00x | $307.44 Million |
| Endeavour Silver Corp. (EDR) | $17.19K | 63.86% | 0.77x | $2.73 Billion |
| Excellon Resources Inc. (EXN) | $19.74 Million | -34.82% | 0.25x | $12.37 Million |
| Guanajuato Silver Company Ltd (GSVR) | $30.80 Million | -38.47% | 0.67x | $302.70 Million |
About Dolly Varden Silver Corporation
Dolly Varden Silver Corporation engages in the acquisition and exploration of mineral properties in Canada. The company explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Kitsault Valley project, which comprises the Dolly Varden property and the Homestake Ridge property; and the Porter project located in the Golden Triangle of British Columbia, Kinskuch pro… Read more