Kaiser Reef Ltd (KAU) - Net Assets
Based on the latest financial reports, Kaiser Reef Ltd (KAU) has net assets worth AU$68.60 Million AUD (≈ $48.54 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$120.26 Million ≈ $85.09 Million USD) and total liabilities (AU$51.66 Million ≈ $36.55 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 KAU asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$68.60 Million |
| % of Total Assets | 57.04% |
| Annual Growth Rate | 66.45% |
| 5-Year Change | 240.09% |
| 10-Year Change | N/A |
| Growth Volatility | 113.64 |
Kaiser Reef Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Kaiser Reef Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Kaiser Reef Ltd for the complete picture of this company's asset base.
Annual Net Assets for Kaiser Reef Ltd (2019–2024)
The table below shows the annual net assets of Kaiser Reef Ltd from 2019 to 2024. For live valuation and market cap data, see KAU market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$68.60 Million ≈ $48.54 Million |
+184.69% |
| 2023-12-31 | AU$24.10 Million ≈ $17.05 Million |
-4.45% |
| 2022-12-31 | AU$25.22 Million ≈ $17.84 Million |
+10.56% |
| 2021-12-31 | AU$22.81 Million ≈ $16.14 Million |
+13.08% |
| 2020-12-31 | AU$20.17 Million ≈ $14.27 Million |
+276.10% |
| 2019-12-31 | AU$5.36 Million ≈ $3.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kaiser Reef 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 3691750700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$100.17 Million | 146.02% |
| Other Comprehensive Income | AU$5.67 Million | 8.26% |
| Total Equity | AU$68.60 Million | 100.00% |
Kaiser Reef Ltd Competitors by Market Cap
The table below lists competitors of Kaiser Reef Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kingwaytek Technology Co Ltd
TWO:6516
|
$106.08 Million |
|
Bogota Financial Corp
NASDAQ:BSBK
|
$106.16 Million |
|
eGalax_eMPIA Technology
TWO:3556
|
$106.17 Million |
|
Taitien Electronics Co Ltd
TWO:8289
|
$106.25 Million |
|
Builddirect.com Tehcnologies Inc
V:BILD
|
$105.96 Million |
|
Argent
JSE:ART
|
$105.93 Million |
|
ABC Taiwan Electronics
TWO:3236
|
$105.86 Million |
|
Caturkarda Depo Bangunan PT Tbk
JK:DEPO
|
$105.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kaiser Reef Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,095,966 to 68,597,928, a change of 44,501,962 (184.7%).
- Net loss of 20,236,493 reduced equity.
- Share repurchases of 42,910,000 reduced equity.
- Other comprehensive income increased equity by 3,183,559.
- Other factors increased equity by 104,464,896.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-20.24 Million | -29.5% |
| Share Repurchases | AU$42.91 Million | -62.55% |
| Other Comprehensive Income | AU$3.18 Million | +4.64% |
| Other Changes | AU$104.46 Million | +152.29% |
| Total Change | AU$- | 184.69% |
Book Value vs Market Value Analysis
This analysis compares Kaiser Reef 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: 2.16x
- 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 0.54x to 2.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$0.46 | AU$0.25 | x |
| 2020-12-31 | AU$0.33 | AU$0.25 | x |
| 2021-12-31 | AU$0.17 | AU$0.25 | x |
| 2022-12-31 | AU$0.16 | AU$0.25 | x |
| 2023-12-31 | AU$0.14 | AU$0.25 | x |
| 2024-12-31 | AU$0.12 | AU$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kaiser Reef Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.10%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.75x
- Recent ROE (-29.50%) is below the historical average (-20.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -7.14% | 0.00% | 0.00x | 1.02x | AU$-919.12K |
| 2020 | -58.53% | -232.01% | 0.19x | 1.32x | AU$-13.82 Million |
| 2021 | -9.92% | -9.92% | 0.77x | 1.30x | AU$-4.54 Million |
| 2022 | 4.65% | 3.82% | 0.95x | 1.28x | AU$-1.35 Million |
| 2023 | -22.97% | -23.32% | 0.79x | 1.25x | AU$-7.94 Million |
| 2024 | -29.50% | -58.10% | 0.29x | 1.75x | AU$-27.10 Million |
Industry Comparison
This section compares Kaiser Reef Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kaiser Reef Ltd (KAU) | AU$68.60 Million | -7.14% | 0.75x | $106.03 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About Kaiser Reef Ltd
Kaiser Reef Limited engages in the exploration, development, mining, production, and sale of gold in Australia. The company was incorporated in 2019 and is based in Subiaco, Australia.