Diamcor Mining Inc
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
Diamcor Mining Inc (DMIFF) - Total Assets
Latest total assets as of December 2024: $4.22 Million USD
Based on the latest financial reports, Diamcor Mining Inc (DMIFF) holds total assets worth $4.22 Million USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Diamcor Mining Inc - Total Assets Trend (2013–2024)
This chart illustrates how Diamcor Mining Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Diamcor Mining Inc - Asset Composition Analysis
Current Asset Composition (March 2024)
Diamcor Mining Inc's total assets of $4.22 Million consist of 7.8% current assets and 92.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $38.73K | 1.0% |
| Inventory | $203.37K | 5.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Diamcor Mining Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Diamcor Mining Inc's current assets represent 7.8% of total assets in 2024, an increase from 0.0% in 2013.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 10.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 5.0% of total assets.
Diamcor Mining Inc Competitors by Total Assets
Key competitors of Diamcor Mining Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
American Sierra Gold Corp
PINK:AMNP
|
USA | $9.30 Million |
|
Zhongrun Resources Investment
SHE:000506
|
China | CN¥1.43 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥20.29 Billion |
|
1AH
F:1AH
|
Germany | €55.15 Million |
|
1ZX0
F:1ZX0
|
Germany | €1.11 Million |
|
Copper Giant Resources Corp.
F:29H0
|
Germany | €6.21 Million |
|
29METALS Ltd
AU:29M
|
Australia | AU$1.04 Billion |
Diamcor Mining Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Diamcor Mining Inc generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Diamcor Mining Inc is currently not profitable relative to its asset base.
Diamcor Mining Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.04 | 0.06 | 0.12 |
| Quick Ratio | 0.01 | 0.03 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.81 Million | $ -8.43 Million | $ -5.12 Million |
Diamcor Mining Inc - Advanced Valuation Insights
This section examines the relationship between Diamcor Mining Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4028.67 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -49.3% |
| Total Assets | $4.07 Million |
| Market Capitalization | $1.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Diamcor Mining Inc's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Diamcor Mining Inc's assets decreased by 49.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Diamcor Mining Inc (2013–2024)
The table below shows the annual total assets of Diamcor Mining Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $4.07 Million | -49.30% |
| 2023-03-31 | $8.02 Million | -10.91% |
| 2022-03-31 | $9.00 Million | -1.60% |
| 2021-03-31 | $9.15 Million | +1.45% |
| 2020-03-31 | $9.02 Million | +3.64% |
| 2019-03-31 | $8.70 Million | -23.55% |
| 2018-03-31 | $11.38 Million | -4.21% |
| 2017-03-31 | $11.88 Million | +40.03% |
| 2016-03-31 | $8.49 Million | -22.04% |
| 2015-03-31 | $10.88 Million | +1.96% |
| 2014-03-31 | $10.68 Million | +49.55% |
| 2013-03-31 | $7.14 Million | -- |