Viking Mines Ltd (VKA) - Net Assets
Based on the latest financial reports, Viking Mines Ltd (VKA) has net assets worth AU$8.06 Million AUD (≈ $5.70 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$8.43 Million ≈ $5.96 Million USD) and total liabilities (AU$370.98K ≈ $262.49K 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 asset resilience ratio of Viking Mines Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Viking Mines Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Viking Mines Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$8.06 Million ≈ $5.70 Million |
+12.20% |
| 2024-06-30 | AU$7.18 Million ≈ $5.08 Million |
-24.71% |
| 2023-06-30 | AU$9.54 Million ≈ $6.75 Million |
+16.46% |
| 2022-06-30 | AU$8.19 Million ≈ $5.80 Million |
+21.70% |
| 2021-06-30 | AU$6.73 Million ≈ $4.76 Million |
+250.77% |
| 2020-06-30 | AU$1.92 Million ≈ $1.36 Million |
-30.45% |
| 2019-06-30 | AU$2.76 Million ≈ $1.95 Million |
-13.28% |
| 2018-06-30 | AU$3.18 Million ≈ $2.25 Million |
+58.83% |
| 2017-06-30 | AU$2.00 Million ≈ $1.42 Million |
-55.40% |
| 2016-06-30 | AU$4.49 Million ≈ $3.18 Million |
-15.81% |
| 2015-06-30 | AU$5.33 Million ≈ $3.77 Million |
+77.28% |
| 2014-06-30 | AU$3.01 Million ≈ $2.13 Million |
-3.83% |
| 2013-06-30 | AU$3.13 Million ≈ $2.21 Million |
-51.36% |
| 2012-06-30 | AU$6.43 Million ≈ $4.55 Million |
-36.93% |
| 2011-06-30 | AU$10.20 Million ≈ $7.22 Million |
-25.85% |
| 2010-06-30 | AU$13.75 Million ≈ $9.73 Million |
+1022410.71% |
| 2009-06-30 | AU$1.34K ≈ $951.67 |
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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 |
|---|---|
|
ESSA Pharma Inc
NASDAQ:EPIX
|
$9.52 Million |
|
California Nanotechnologies Corp
V:CNO
|
$9.52 Million |
|
Metal Bank Ltd
AU:MBK
|
$9.52 Million |
|
Jatcorp Ltd
AU:JAT
|
$9.54 Million |
|
Aprea Therapeutics Inc
NASDAQ:APRE
|
$9.52 Million |
|
Transocean Holdings Bhd
KLSE:7218
|
$9.51 Million |
|
Ben Tre Pharmaceutical JSC
VN:DBT
|
$9.51 Million |
|
AMD Industries Limited
NSE:AMDIND
|
$9.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viking Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,181,788 to 8,057,835, a change of 876,047 (12.2%).
- Net loss of 3,122,758 reduced equity.
- Share repurchases of 166,690 reduced equity.
- New share issuances of 2,765,613 increased equity.
- Other comprehensive income increased equity by 1,399,880.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: 1.66x
- 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 173.27x to 1.66x 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$0.01 | x |
| 2010-06-30 | AU$0.56 | AU$0.01 | x |
| 2011-06-30 | AU$0.13 | AU$0.01 | x |
| 2012-06-30 | AU$0.09 | AU$0.01 | x |
| 2013-06-30 | AU$0.04 | AU$0.01 | x |
| 2014-06-30 | AU$0.04 | AU$0.01 | x |
| 2015-06-30 | AU$0.03 | AU$0.01 | x |
| 2016-06-30 | AU$0.02 | AU$0.01 | x |
| 2017-06-30 | AU$0.01 | AU$0.01 | x |
| 2018-06-30 | AU$0.01 | AU$0.01 | x |
| 2019-06-30 | AU$0.01 | AU$0.01 | x |
| 2020-06-30 | AU$0.01 | AU$0.01 | x |
| 2021-06-30 | AU$0.01 | AU$0.01 | x |
| 2022-06-30 | AU$0.01 | AU$0.01 | x |
| 2023-06-30 | AU$0.01 | AU$0.01 | x |
| 2024-06-30 | AU$0.01 | AU$0.01 | x |
| 2025-06-30 | AU$0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viking Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -38.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -677.71%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.05x
- Recent ROE (-38.75%) is above the historical average (-352.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -5469.74% | 0.00% | 0.00x | 5.67x | AU$-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: $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 |
|---|---|---|---|---|
| Viking Mines Ltd (VKA) | AU$8.06 Million | -5469.74% | 0.05x | $9.52 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 Viking Mines Ltd
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