Viking Mines Ltd

AU:VKA Australia Gold
Market Cap
$13.47 Million
AU$21.76 Million AUD
Market Cap Rank
#30672 Global
#900 in Australia
Share Price
AU$0.02
Change (1 day)
-11.11%
52-Week Range
AU$0.01 - AU$0.02
All Time High
AU$0.05
Categories
Companies in Australia Gold
About

Viking Mines Limited operates as a mineral exploration company in Australia. The company explores for vanadium, nickel, copper, cobalt, and gold deposits. It holds 100% in the Canegrass Battery Minerals project that covers 620 kilometers located in the Murchison region, north-east Perth, Western Australia; and the Riverina East Gold project located in Eastern Goldfields of Western Australia. The … Read more

Viking Mines Ltd (VKA) - Net Assets

Latest net assets as of June 2025: AU$8.06 Million AUD

Based on the latest financial reports, Viking Mines Ltd (VKA) has net assets worth AU$8.06 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$8.43 Million) and total liabilities (AU$370.98K). 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$8.06 Million
% of Total Assets 95.6%
Annual Growth Rate 72.22%
5-Year Change 19.73%
10-Year Change 79.44%
Growth Volatility 247483.34

Viking Mines Ltd - Net Assets Trend (2009–2025)

This chart illustrates how Viking Mines 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 Viking Mines Ltd (2009–2025)

The table below shows the annual net assets of Viking Mines Ltd from 2009 to 2025.

Year Net Assets Change
2025-06-30 AU$8.06 Million +12.20%
2024-06-30 AU$7.18 Million -24.71%
2023-06-30 AU$9.54 Million +16.46%
2022-06-30 AU$8.19 Million +21.70%
2021-06-30 AU$6.73 Million +250.77%
2020-06-30 AU$1.92 Million -30.45%
2019-06-30 AU$2.76 Million -13.28%
2018-06-30 AU$3.18 Million +58.83%
2017-06-30 AU$2.00 Million -55.40%
2016-06-30 AU$4.49 Million -15.81%
2015-06-30 AU$5.33 Million +77.28%
2014-06-30 AU$3.01 Million -3.83%
2013-06-30 AU$3.13 Million -51.36%
2012-06-30 AU$6.43 Million -36.93%
2011-06-30 AU$10.20 Million -25.85%
2010-06-30 AU$13.75 Million +1022410.71%
2009-06-30 AU$1.34K --

Equity Component Analysis

This analysis shows how different components contribute to Viking Mines 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 2738507100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$34.50 Million 428.17%
Other Comprehensive Income AU$1.02 Million 12.60%
Other Components AU$1.00 0.00%
Total Equity AU$8.06 Million 100.00%

Viking Mines Ltd Competitors by Market Cap

The table below lists competitors of Viking Mines Ltd ranked by their market capitalization.

Company Market Cap
AVA Risk Group Ltd
AU:AVA
 		$5.89 Million
Australian Mines Limited
PINK:AMSLF
 		$5.91 Million
Billy Goat Brands Ltd
PINK:BGTTF
 		$5.91 Million
Onyx Acquisition I Co
NASDAQ:ONYX
 		$5.91 Million
Dynamic Metals Ltd
AU:DYM
 		$5.89 Million
Solborn Inc
KQ:035610
 		$5.89 Million
Cavalier Resources Ltd
AU:CVR
 		$5.89 Million
Radiant Globaltech Bhd
KLSE:0202
 		$5.89 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 7,181,788 to 8,057,835, a change of 876,047 (12.2%).
  • Net loss of 3,122,758 reduced equity.
  • Share repurchases of 166,690 reduced equity.
  • New share issuances of 2,765,613 increased equity.
  • Other comprehensive income increased equity by 1,399,880.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-3.12 Million -38.75%
Share Repurchases AU$166.69K -2.07%
Share Issuances AU$2.77 Million +34.32%
Other Comprehensive Income AU$1.40 Million +17.37%
Other Changes AU$2.00 +0.0%
Total Change AU$- 12.20%

Book Value vs Market Value Analysis

This analysis compares Viking Mines 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: 2.41x
  • 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 252.03x to 2.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-06-30 AU$0.00 AU$0.02 x
2010-06-30 AU$0.56 AU$0.02 x
2011-06-30 AU$0.13 AU$0.02 x
2012-06-30 AU$0.09 AU$0.02 x
2013-06-30 AU$0.04 AU$0.02 x
2014-06-30 AU$0.04 AU$0.02 x
2015-06-30 AU$0.03 AU$0.02 x
2016-06-30 AU$0.02 AU$0.02 x
2017-06-30 AU$0.01 AU$0.02 x
2018-06-30 AU$0.01 AU$0.02 x
2019-06-30 AU$0.01 AU$0.02 x
2020-06-30 AU$0.01 AU$0.02 x
2021-06-30 AU$0.01 AU$0.02 x
2022-06-30 AU$0.01 AU$0.02 x
2023-06-30 AU$0.01 AU$0.02 x
2024-06-30 AU$0.01 AU$0.02 x
2025-06-30 AU$0.01 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Viking Mines 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): -38.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -677.71%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 1.05x
  • Recent ROE (-38.75%) is above the historical average (-352.29%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 -5469.74% 0.00% 0.00x 5.67x AU$-73.70K
2010 -7.22% 0.00% 0.00x 1.03x AU$-2.37 Million
2011 -29.90% 0.00% 0.00x 1.01x AU$-4.20 Million
2012 -50.76% 0.00% 0.00x 0.99x AU$-4.29 Million
2013 -127.54% 0.00% 0.00x 0.85x AU$-5.31 Million
2014 -19.48% 0.00% 0.00x 0.95x AU$-1.11 Million
2015 -34.45% -98726.42% 0.00x 0.96x AU$-2.70 Million
2016 -15.14% -11463.44% 0.00x 0.89x AU$-1.32 Million
2017 -126.86% -28301.45% 0.01x 0.85x AU$-3.76 Million
2018 43.01% 29033.87% 0.00x 0.86x AU$1.29 Million
2019 -14.19% -404.17% 0.04x 0.82x AU$-846.45K
2020 -26.73% -1309.80% 0.03x 0.79x AU$-976.95K
2021 -62.35% -3057.33% 0.02x 1.03x AU$-5.41 Million
2022 16.96% 33.43% 0.48x 1.07x AU$570.31K
2023 12.71% 27.39% 0.38x 1.23x AU$258.52K
2024 -38.52% -1870.74% 0.02x 1.22x AU$-3.48 Million
2025 -38.75% -677.71% 0.05x 1.05x AU$-3.93 Million

Industry Comparison

This section compares Viking Mines 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
Viking Mines Ltd (VKA) AU$8.06 Million -5469.74% 0.05x $5.89 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