Alkane Resources Ltd
Alkane Resources Ltd operates as a gold exploration and production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects. Alkane Resources Ltd was incorporated in 1969 and is headquartered in West Perth, Australia.
Alkane Resources Ltd (ALK) - Net Assets
Latest net assets as of December 2025: AU$982.56 Million AUD
Based on the latest financial reports, Alkane Resources Ltd (ALK) has net assets worth AU$982.56 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.36 Billion) and total liabilities (AU$382.43 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$982.56 Million |
| % of Total Assets | 71.98% |
| Annual Growth Rate | 22.28% |
| 5-Year Change | 80.46% |
| 10-Year Change | 81.65% |
| Growth Volatility | 126.16 |
Alkane Resources Ltd - Net Assets Trend (1990–2025)
This chart illustrates how Alkane Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alkane Resources Ltd (1990–2025)
The table below shows the annual net assets of Alkane Resources Ltd from 1990 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$345.69 Million | +11.74% |
| 2024-06-30 | AU$309.37 Million | -1.34% |
| 2023-06-30 | AU$313.58 Million | +11.58% |
| 2022-06-30 | AU$281.04 Million | +46.71% |
| 2021-06-30 | AU$191.56 Million | -28.36% |
| 2020-06-30 | AU$267.39 Million | +25.02% |
| 2019-06-30 | AU$213.88 Million | +12.33% |
| 2018-06-30 | AU$190.40 Million | +15.44% |
| 2017-06-30 | AU$164.93 Million | -13.34% |
| 2016-06-30 | AU$190.31 Million | +11.65% |
| 2015-06-30 | AU$170.45 Million | -2.16% |
| 2014-06-30 | AU$174.22 Million | -26.29% |
| 2013-06-30 | AU$236.36 Million | 0.00% |
| 2012-12-31 | AU$236.36 Million | +276.95% |
| 2012-06-30 | AU$62.70 Million | +37.60% |
| 2011-06-30 | AU$45.57 Million | +4.28% |
| 2010-06-30 | AU$43.70 Million | +21.82% |
| 2009-06-30 | AU$35.87 Million | -7.31% |
| 2008-06-30 | AU$38.70 Million | +83.66% |
| 2007-06-30 | AU$21.07 Million | +7.15% |
| 2006-06-30 | AU$19.66 Million | +18.71% |
| 2005-06-30 | AU$16.57 Million | -7.58% |
| 2004-06-30 | AU$17.93 Million | +13.19% |
| 2003-06-30 | AU$15.84 Million | -10.07% |
| 2002-06-30 | AU$17.61 Million | +9.10% |
| 2001-06-30 | AU$16.14 Million | +25.53% |
| 2000-06-30 | AU$12.86 Million | +145.01% |
| 1999-06-30 | AU$5.25 Million | -1.06% |
| 1998-06-30 | AU$5.30 Million | -5.82% |
| 1997-06-30 | AU$5.63 Million | +116.29% |
| 1996-06-30 | AU$2.60 Million | +24.00% |
| 1995-06-30 | AU$2.10 Million | -42.50% |
| 1994-06-30 | AU$3.65 Million | +711.56% |
| 1993-06-30 | AU$450.00K | -17.88% |
| 1992-06-30 | AU$548.00K | +29.25% |
| 1991-06-30 | AU$424.00K | +39.93% |
| 1990-06-30 | AU$303.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alkane 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 grown by 14612199900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$133.99 Million | 38.76% |
| Common Stock | AU$224.69 Million | 65.00% |
| Other Comprehensive Income | AU$-12.99 Million | -3.76% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$345.69 Million | 100.00% |
Alkane Resources Ltd Competitors by Market Cap
The table below lists competitors of Alkane Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Palisade Bio Inc
NASDAQ:PALI
|
$203.35 Million |
|
Fidelity D&D Bancorp Inc
NASDAQ:FDBC
|
$203.55 Million |
|
SIGA Technologies Inc
NASDAQ:SIGA
|
$203.61 Million |
|
Changzhou Shenli Electrical Machine Incorporated Co
SHG:603819
|
$203.63 Million |
|
Civeo Corp
NYSE:CVEO
|
$203.20 Million |
|
Hong Tai Electric Industrial Co Ltd
TW:1612
|
$203.18 Million |
|
Proact IT Group AB
ST:PACT
|
$203.05 Million |
|
Lantronix Inc
NASDAQ:LTRX
|
$203.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alkane Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 309,374,000 to 345,690,000, a change of 36,316,000 (11.7%).
- Net income of 33,043,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 72,199,000.
- Other factors decreased equity by 68,926,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$33.04 Million | +9.56% |
| Other Comprehensive Income | AU$72.20 Million | +20.89% |
| Other Changes | AU$-68.93 Million | -19.94% |
| Total Change | AU$- | 11.74% |
Book Value vs Market Value Analysis
This analysis compares Alkane 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: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4898.49x to 2.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-06-30 | AU$0.00 | AU$1.59 | x |
| 1991-06-30 | AU$0.00 | AU$1.59 | x |
| 1992-06-30 | AU$0.00 | AU$1.59 | x |
| 1993-06-30 | AU$0.00 | AU$1.59 | x |
| 1994-06-30 | AU$0.01 | AU$1.59 | x |
| 1995-06-30 | AU$0.00 | AU$1.59 | x |
| 1996-06-30 | AU$0.01 | AU$1.59 | x |
| 1997-06-30 | AU$0.01 | AU$1.59 | x |
| 1998-06-30 | AU$0.06 | AU$1.59 | x |
| 1999-06-30 | AU$0.06 | AU$1.59 | x |
| 2000-06-30 | AU$0.13 | AU$1.59 | x |
| 2001-06-30 | AU$0.14 | AU$1.59 | x |
| 2002-06-30 | AU$0.13 | AU$1.59 | x |
| 2003-06-30 | AU$0.11 | AU$1.59 | x |
| 2004-06-30 | AU$0.12 | AU$1.59 | x |
| 2005-06-30 | AU$0.10 | AU$1.59 | x |
| 2006-06-30 | AU$0.11 | AU$1.59 | x |
| 2007-06-30 | AU$0.10 | AU$1.59 | x |
| 2008-06-30 | AU$0.17 | AU$1.59 | x |
| 2009-06-30 | AU$0.14 | AU$1.59 | x |
| 2010-06-30 | AU$0.15 | AU$1.59 | x |
| 2011-06-30 | AU$0.16 | AU$1.59 | x |
| 2012-06-30 | AU$0.20 | AU$1.59 | x |
| 2013-06-30 | AU$0.63 | AU$1.59 | x |
| 2014-06-30 | AU$0.41 | AU$1.59 | x |
| 2015-06-30 | AU$0.40 | AU$1.59 | x |
| 2016-06-30 | AU$0.45 | AU$1.59 | x |
| 2017-06-30 | AU$0.33 | AU$1.59 | x |
| 2018-06-30 | AU$0.33 | AU$1.59 | x |
| 2019-06-30 | AU$0.36 | AU$1.59 | x |
| 2020-06-30 | AU$0.47 | AU$1.59 | x |
| 2021-06-30 | AU$0.32 | AU$1.59 | x |
| 2022-06-30 | AU$0.45 | AU$1.59 | x |
| 2023-06-30 | AU$0.50 | AU$1.59 | x |
| 2024-06-30 | AU$0.51 | AU$1.59 | x |
| 2025-06-30 | AU$0.56 | AU$1.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alkane Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.59%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.57x
- Recent ROE (9.56%) is above the historical average (2.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | -1.13% | 0.00% | -0.76x | 6.30x | AU$-19.70K |
| 1991 | 0.67% | 0.00% | 0.00x | 2.83x | AU$-27.80K |
| 1992 | -0.24% | 0.00% | 0.00x | 2.50x | AU$-43.20K |
| 1994 | -40.19% | -1707.23% | 0.02x | 1.13x | AU$-1.77 Million |
| 1995 | 0.05% | 0.00% | 0.00x | 1.15x | AU$-196.50K |
| 1996 | 0.08% | 0.00% | 0.00x | 1.71x | AU$-246.10K |
| 1997 | 0.01% | 0.02% | 0.19x | 2.32x | AU$-550.46K |
| 1998 | 0.01% | 0.00% | 0.00x | 2.24x | AU$-517.65K |
| 1999 | 0.01% | 0.00% | 1.38x | 1.81x | AU$-512.21K |
| 2000 | 0.00% | 0.00% | 0.00x | 1.05x | AU$-1.27 Million |
| 2001 | 0.00% | 0.00% | 0.78x | 1.10x | AU$-1.60 Million |
| 2002 | 0.01% | 0.01% | 0.68x | 1.09x | AU$-1.75 Million |
| 2003 | 0.00% | 0.01% | 0.60x | 1.09x | AU$-1.57 Million |
| 2004 | 0.00% | 0.02% | 0.17x | 1.05x | AU$-1.78 Million |
| 2005 | 0.00% | 0.05% | 0.07x | 1.07x | AU$-1.64 Million |
| 2006 | -9.07% | -321.09% | 0.03x | 1.05x | AU$-3.73 Million |
| 2007 | -17.44% | -898.42% | 0.02x | 1.04x | AU$-5.75 Million |
| 2008 | -3.44% | -1778.00% | 0.00x | 1.05x | AU$-5.18 Million |
| 2009 | -0.05% | -14.67% | 0.00x | 1.04x | AU$-3.59 Million |
| 2010 | 5.27% | 30232.86% | 0.00x | 1.02x | AU$-2.06 Million |
| 2011 | 17.09% | 29957.69% | 0.00x | 1.03x | AU$3.23 Million |
| 2012 | -4.44% | -6481.40% | 0.00x | 1.04x | AU$-9.06 Million |
| 2012 | 28.15% | 0.00% | 0.00x | 1.10x | AU$42.90 Million |
| 2013 | 28.15% | 151215.91% | 0.00x | 1.10x | AU$42.90 Million |
| 2014 | -3.54% | -26.50% | 0.12x | 1.15x | AU$-23.59 Million |
| 2015 | -2.40% | -3.99% | 0.54x | 1.12x | AU$-21.13 Million |
| 2016 | 2.47% | 4.28% | 0.50x | 1.16x | AU$-14.34 Million |
| 2017 | -17.55% | -24.57% | 0.58x | 1.23x | AU$-45.43 Million |
| 2018 | 12.85% | 18.83% | 0.56x | 1.22x | AU$5.43 Million |
| 2019 | 10.89% | 25.18% | 0.37x | 1.16x | AU$1.91 Million |
| 2020 | 4.77% | 17.59% | 0.22x | 1.23x | AU$-13.98 Million |
| 2021 | 29.08% | 43.57% | 0.54x | 1.23x | AU$36.54 Million |
| 2022 | 26.13% | 42.57% | 0.45x | 1.37x | AU$43.36 Million |
| 2023 | 14.15% | 22.28% | 0.45x | 1.42x | AU$12.45 Million |
| 2024 | 5.71% | 10.22% | 0.37x | 1.50x | AU$-13.26 Million |
| 2025 | 9.56% | 12.59% | 0.48x | 1.57x | AU$-1.53 Million |
Industry Comparison
This section compares Alkane Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,263,669
- Average return on equity (ROE) among peers: -1411.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alkane Resources Ltd (ALK) | AU$982.56 Million | -1.13% | 0.39x | $203.33 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |