Akora Resources Ltd (AKO) - Net Assets
Based on the latest financial reports, Akora Resources Ltd (AKO) has net assets worth AU$13.99 Million AUD (≈ $9.90 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$14.29 Million ≈ $10.11 Million USD) and total liabilities (AU$296.45K ≈ $209.76K 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 AKO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$13.99 Million |
| % of Total Assets | 97.93% |
| Annual Growth Rate | 28.08% |
| 5-Year Change | 62.92% |
| 10-Year Change | N/A |
| Growth Volatility | 41.26 |
Akora Resources Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Akora Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Akora Resources Ltd for the complete picture of this company's asset base.
Annual Net Assets for Akora Resources Ltd (2017–2024)
The table below shows the annual net assets of Akora Resources Ltd from 2017 to 2024. For live valuation and market cap data, see Akora Resources Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$13.54 Million ≈ $9.58 Million |
+22.07% |
| 2023-12-31 | AU$11.09 Million ≈ $7.85 Million |
+17.49% |
| 2022-12-31 | AU$9.44 Million ≈ $6.68 Million |
+23.27% |
| 2021-12-31 | AU$7.66 Million ≈ $5.42 Million |
-7.85% |
| 2020-12-31 | AU$8.31 Million ≈ $5.88 Million |
+93.58% |
| 2019-12-31 | AU$4.29 Million ≈ $3.04 Million |
+98.61% |
| 2018-12-31 | AU$2.16 Million ≈ $1.53 Million |
-9.72% |
| 2017-12-31 | AU$2.39 Million ≈ $1.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Akora Resources Ltd'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 865068500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$35.71 Million | 263.72% |
| Other Comprehensive Income | AU$-83.76K | -0.62% |
| Total Equity | AU$13.54 Million | 100.00% |
Akora Resources Ltd Competitors by Market Cap
The table below lists competitors of Akora Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENTYR Ltd
AU:ETR
|
$10.32 Million |
|
Academies Australasia Group Ltd
AU:AKG
|
$10.32 Million |
|
Kaili Resources Ltd
AU:KLR
|
$10.33 Million |
|
Ryvyl Inc
NASDAQ:RVYL
|
$10.33 Million |
|
NORTHERN FREEGOLD
F:8N6
|
$10.30 Million |
|
Palash Securities Limited
NSE:PALASHSECU
|
$10.30 Million |
|
Lithium Universe Ltd
AU:LU7
|
$10.29 Million |
|
Pineapple Resources Bhd
KLSE:0006
|
$10.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akora Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,094,131 to 13,542,316, a change of 2,448,185 (22.1%).
- Net loss of 2,200,221 reduced equity.
- Share repurchases of 318,220 reduced equity.
- New share issuances of 4,410,689 increased equity.
- Other comprehensive income increased equity by 540,692.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.20 Million | -16.25% |
| Share Repurchases | AU$318.22K | -2.35% |
| Share Issuances | AU$4.41 Million | +32.57% |
| Other Comprehensive Income | AU$540.69K | +3.99% |
| Other Changes | AU$15.24K | +0.11% |
| Total Change | AU$- | 22.07% |
Book Value vs Market Value Analysis
This analysis compares Akora Resources Ltd'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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.18x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.04 | AU$0.08 | x |
| 2018-12-31 | AU$0.03 | AU$0.08 | x |
| 2019-12-31 | AU$0.07 | AU$0.08 | x |
| 2020-12-31 | AU$0.14 | AU$0.08 | x |
| 2021-12-31 | AU$0.13 | AU$0.08 | x |
| 2022-12-31 | AU$0.14 | AU$0.08 | x |
| 2023-12-31 | AU$0.13 | AU$0.08 | x |
| 2024-12-31 | AU$0.12 | AU$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akora Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11419.04%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-16.25%) is above the historical average (-19.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -39.63% | 0.00% | 0.00x | 1.43x | AU$-1.15 Million |
| 2018 | -16.93% | -5385.14% | 0.00x | 1.48x | AU$-558.01K |
| 2019 | -22.74% | -468308.42% | 0.00x | 1.26x | AU$-1.36 Million |
| 2020 | -17.52% | -4698516.13% | 0.00x | 1.03x | AU$-2.29 Million |
| 2021 | -14.07% | -1381270.51% | 0.00x | 1.08x | AU$-1.84 Million |
| 2022 | -15.90% | -1014206.08% | 0.00x | 1.02x | AU$-2.45 Million |
| 2023 | -14.38% | -15098.16% | 0.00x | 1.02x | AU$-2.70 Million |
| 2024 | -16.25% | -11419.04% | 0.00x | 1.03x | AU$-3.55 Million |
Industry Comparison
This section compares Akora Resources Ltd'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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akora Resources Ltd (AKO) | AU$13.99 Million | -39.63% | 0.02x | $10.31 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About Akora Resources Ltd
AKORA Resources Limited engages in the exploration, evaluation, and development of iron ore projects in Madagascar. Its flagship project is the Bekisopa iron ore project located in Madagascar. The company was formerly known as Indian Pacific Resources Limited and changed its name to AKORA Resources Limited in September 2020. The company was incorporated in 2009 and is headquartered in Ballarat, A… Read more