Kula Gold Ltd

AU:KGD Australia Gold
Market Cap
$59.46 Million
AU$96.03 Million AUD
Market Cap Rank
#34853 Global
#1284 in Australia
Share Price
AU$0.08
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.09
All Time High
AU$0.09
Categories
Companies in Australia Gold
About

Kula Gold Limited, together with its subsidiaries, engages in the acquisition and exploration of mineral properties primarily in Western Australia. The company primarily explores for gold, kaolin, lithium, halloysite, nickel, and copper deposits, as well as platinum group elements. It holds interests in the Mt Palmer Gold Mine Project, Marvel Loch Project, Kirup Project, Brunswick Project, Southe… Read more

Kula Gold Ltd (KGD) - Net Assets

Latest net assets as of June 2025: AU$1.70 Million AUD

Based on the latest financial reports, Kula Gold Ltd (KGD) has net assets worth AU$1.70 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.32 Million) and total liabilities (AU$620.24K). 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$1.70 Million
% of Total Assets 73.31%
Annual Growth Rate -22.47%
5-Year Change -9.69%
10-Year Change 2350.25%
Growth Volatility 1399.45

Kula Gold Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Kula Gold 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 Kula Gold Ltd (2008–2024)

The table below shows the annual net assets of Kula Gold Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 AU$1.03 Million -36.03%
2023-12-31 AU$1.61 Million -52.80%
2022-12-31 AU$3.41 Million +59.46%
2021-12-31 AU$2.14 Million +87.56%
2020-12-31 AU$1.14 Million +820.18%
2019-12-31 AU$-158.45K -5616.22%
2018-12-31 AU$2.87K -71.03%
2017-12-31 AU$9.91K -72.34%
2016-12-31 AU$35.84K -14.78%
2015-12-31 AU$42.06K -39.50%
2014-12-31 AU$69.52K -99.94%
2013-12-31 AU$112.33 Million +0.35%
2012-12-31 AU$111.94 Million -17.91%
2011-12-31 AU$136.37 Million +16.55%
2010-12-31 AU$117.00 Million +98.38%
2009-12-31 AU$58.98 Million -2.55%
2008-12-31 AU$60.52 Million --

Equity Component Analysis

This analysis shows how different components contribute to Kula Gold 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 15717678700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$157.94 Million 15325.70%
Other Comprehensive Income AU$934.58K 90.69%
Total Equity AU$1.03 Million 100.00%

Kula Gold Ltd Competitors by Market Cap

The table below lists competitors of Kula Gold Ltd ranked by their market capitalization.

Company Market Cap
Shuttle Pharmaceuticals Inc
NASDAQ:SHPH
 		$1.63 Million
Sirona Biochem Corp
PINK:SRBCF
 		$1.63 Million
Inca Minerals Ltd
AU:ICG
 		$1.64 Million
Tower One Wireless Corp
STU:1P3N
 		$1.64 Million
Damodar Industries Limited
NSE:DAMODARIND
 		$1.63 Million
Diagnamed Holdings Corp.
PINK:DGNMF
 		$1.63 Million
ARCUS DEVELOPMENT
MU:AJR
 		$1.63 Million
Exemplar REITail Ltd
JSE:EXP
 		$1.63 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kula Gold Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,610,930 to 1,030,575, a change of -580,355 (-36.0%).
  • Net loss of 2,407,000 reduced equity.
  • Share repurchases of 120,395 reduced equity.
  • New share issuances of 1,574,000 increased equity.
  • Other comprehensive income increased equity by 126,872.
  • Other factors increased equity by 246,168.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-2.41 Million -233.56%
Share Repurchases AU$120.39K -11.68%
Share Issuances AU$1.57 Million +152.73%
Other Comprehensive Income AU$126.87K +12.31%
Other Changes AU$246.17K +23.89%
Total Change AU$- -36.03%

Book Value vs Market Value Analysis

This analysis compares Kula Gold 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: 46.19x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.09x to 46.19x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 AU$0.91 AU$0.08 x
2009-12-31 AU$0.35 AU$0.08 x
2010-12-31 AU$0.98 AU$0.08 x
2011-12-31 AU$0.80 AU$0.08 x
2012-12-31 AU$0.65 AU$0.08 x
2013-12-31 AU$0.56 AU$0.08 x
2014-12-31 AU$0.00 AU$0.08 x
2015-12-31 AU$0.00 AU$0.08 x
2016-12-31 AU$0.00 AU$0.08 x
2017-12-31 AU$0.00 AU$0.08 x
2018-12-31 AU$0.00 AU$0.08 x
2019-12-31 AU$0.00 AU$0.08 x
2020-12-31 AU$0.01 AU$0.08 x
2021-12-31 AU$0.01 AU$0.08 x
2022-12-31 AU$0.01 AU$0.08 x
2023-12-31 AU$0.00 AU$0.08 x
2024-12-31 AU$0.00 AU$0.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kula Gold 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): -233.56%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1337222.22%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.82x
  • Recent ROE (-233.56%) is above the historical average (-19207.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 -1.11% -1000.00% 0.00x 1.03x AU$-6.72 Million
2009 -3.14% -15408.33% 0.00x 1.02x AU$-7.75 Million
2010 -4.32% -1367.03% 0.00x 1.03x AU$-16.76 Million
2011 -0.99% -66.63% 0.01x 1.03x AU$-14.99 Million
2012 -26.12% -5800.40% 0.00x 1.02x AU$-40.43 Million
2013 -2.26% 0.00% 0.00x 1.03x AU$-13.77 Million
2014 -76573.40% 0.00% 0.00x 1.01x AU$-53.24 Million
2015 -65359.01% -83303.03% 0.78x 1.01x AU$-27.49 Million
2016 -19082.79% -65620000.00% 0.00x 1.05x AU$-6.57 Million
2017 -150434.86% -1028620.69% 0.15x 1.01x AU$-14.92 Million
2018 -14470.52% 0.00% 0.00x 1.16x AU$-415.95K
2019 0.00% 497270.00% 0.00x 0.00x AU$65.57K
2020 -48.10% -5489430000.00% 0.00x 1.14x AU$-663.06K
2021 -76.88% -8227610.00% 0.00x 1.27x AU$-1.86 Million
2022 -47.41% -577857.14% 0.00x 1.08x AU$-1.96 Million
2023 -161.09% -231696.43% 0.00x 1.29x AU$-2.76 Million
2024 -233.56% -1337222.22% 0.00x 1.82x AU$-2.51 Million

Industry Comparison

This section compares Kula Gold Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kula Gold Ltd (KGD) AU$1.70 Million -1.11% 0.36x $1.63 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
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million