Walkabout Resources Ltd

AU:WKT Australia Other Industrial Metals & Mining
Market Cap
$39.49 Million
AU$63.77 Million AUD
Market Cap Rank
#23892 Global
#481 in Australia
Share Price
AU$0.10
Change (1 day)
+0.00%
52-Week Range
AU$0.10 - AU$0.10
All Time High
AU$0.35
Categories
Companies in Australia Other Industrial Metals & Mining
About

Walkabout Resources Limited explores for and develops resources and energy assets in Tanzania, Namibia, Scotland, and Northern Ireland. The company explores for graphite, gold, zinc, lead, silver, nickel, copper, and other base metals. Its flagship property is the Lindi Jumbo project located in south-eastern Tanzania. The company was formerly known as Nimrodel Resources Limited and changed its na… Read more

Walkabout Resources Ltd (WKT) - Net Assets

Latest net assets as of June 2024: AU$39.92 Million AUD

Based on the latest financial reports, Walkabout Resources Ltd (WKT) has net assets worth AU$39.92 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$76.55 Million) and total liabilities (AU$36.64 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$39.92 Million
% of Total Assets 52.14%
Annual Growth Rate 18.62%
5-Year Change 104.67%
10-Year Change 301.64%
Growth Volatility 244.07

Walkabout Resources Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Walkabout 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 Walkabout Resources Ltd (2007–2024)

The table below shows the annual net assets of Walkabout Resources Ltd from 2007 to 2024.

Year Net Assets Change
2024-06-30 AU$39.92 Million -20.09%
2023-06-30 AU$49.95 Million +44.88%
2022-06-30 AU$34.48 Million +56.36%
2021-06-30 AU$22.05 Million +13.07%
2020-06-30 AU$19.50 Million +6.43%
2019-06-30 AU$18.32 Million +19.59%
2018-06-30 AU$15.32 Million +249.76%
2017-06-30 AU$4.38 Million -59.44%
2016-06-30 AU$10.80 Million +8.69%
2015-06-30 AU$9.94 Million -19.04%
2014-06-30 AU$12.28 Million -6.62%
2013-06-30 AU$13.15 Million +1.84%
2012-06-30 AU$12.91 Million +157.02%
2011-06-30 AU$5.02 Million -15.61%
2010-06-30 AU$5.95 Million -56.83%
2009-06-30 AU$13.78 Million -43.23%
2008-06-30 AU$24.28 Million +1008.24%
2007-06-30 AU$2.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Walkabout 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 decreased by 7785718200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$121.13 Million 303.46%
Other Comprehensive Income AU$-2.99 Million -7.49%
Total Equity AU$39.92 Million 100.00%

Walkabout Resources Ltd Competitors by Market Cap

The table below lists competitors of Walkabout Resources Ltd ranked by their market capitalization.

Company Market Cap
Spir Group ASA
OL:SPIR
 		$28.24 Million
Lien Chang Electronic Enterprise Co Ltd
TW:2431
 		$28.24 Million
ProMIS Neurosciences Inc.
NASDAQ:PMN
 		$28.24 Million
TIL Limited
NSE:TIL
 		$28.24 Million
Navamedic ASA
OL:NAVA
 		$28.20 Million
Samaiden Group Bhd
KLSE:0223
 		$28.20 Million
T Man Pharmaceutical PCL
BK:TMAN
 		$28.20 Million
Inversiones Doalca SOCIMI SA
MC:YDOA
 		$28.20 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 49,953,871 to 39,916,060, a change of -10,037,811 (-20.1%).
  • Net loss of 8,529,482 reduced equity.
  • New share issuances of 260 increased equity.
  • Other comprehensive income decreased equity by 4,480,283.
  • Other factors increased equity by 2,971,694.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-8.53 Million -21.37%
Share Issuances AU$260.00 +0.0%
Other Comprehensive Income AU$-4.48 Million -11.22%
Other Changes AU$2.97 Million +7.44%
Total Change AU$- -20.09%

Book Value vs Market Value Analysis

This analysis compares Walkabout 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: 1.59x
  • 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 0.03x to 1.59x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-06-30 AU$2.73 AU$0.10 x
2008-06-30 AU$3.90 AU$0.10 x
2009-06-30 AU$2.11 AU$0.10 x
2010-06-30 AU$0.83 AU$0.10 x
2011-06-30 AU$0.52 AU$0.10 x
2012-06-30 AU$0.58 AU$0.10 x
2013-06-30 AU$0.39 AU$0.10 x
2014-06-30 AU$0.29 AU$0.10 x
2015-06-30 AU$0.22 AU$0.10 x
2016-06-30 AU$0.14 AU$0.10 x
2017-06-30 AU$0.03 AU$0.10 x
2018-06-30 AU$0.06 AU$0.10 x
2019-06-30 AU$0.05 AU$0.10 x
2020-06-30 AU$0.05 AU$0.10 x
2021-06-30 AU$0.05 AU$0.10 x
2022-06-30 AU$0.06 AU$0.10 x
2023-06-30 AU$0.09 AU$0.10 x
2024-06-30 AU$0.06 AU$0.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Walkabout 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): -21.37%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -42647410.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.92x
  • Recent ROE (-21.37%) is above the historical average (-34.55%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -16.61% 0.00% 0.00x 1.05x AU$-582.86K
2008 -24.72% -2069.71% 0.01x 1.01x AU$-8.43 Million
2009 -81.71% -305214.28% 0.00x 1.02x AU$-12.64 Million
2010 -148.38% -709755.55% 0.00x 1.02x AU$-9.42 Million
2011 -120.09% -17737.48% 0.01x 1.07x AU$-6.53 Million
2012 -14.13% -2251.51% 0.01x 1.02x AU$-3.11 Million
2013 -9.66% -1313.48% 0.01x 1.02x AU$-2.58 Million
2014 -12.54% -9235.64% 0.00x 1.02x AU$-2.77 Million
2015 -31.14% -72774.89% 0.00x 1.05x AU$-4.09 Million
2016 -19.50% -54723.88% 0.00x 1.02x AU$-3.19 Million
2017 -32.44% -37208.61% 0.00x 1.10x AU$-1.86 Million
2018 -12.83% -5579.17% 0.00x 1.05x AU$-3.50 Million
2019 -14.94% -6156.67% 0.00x 1.08x AU$-4.57 Million
2020 -22.77% -6479.70% 0.00x 1.07x AU$-6.39 Million
2021 -15.02% -8636.64% 0.00x 1.06x AU$-5.53 Million
2022 -15.08% -382775.55% 0.00x 1.44x AU$-8.65 Million
2023 -8.95% -66926.89% 0.00x 1.12x AU$-9.47 Million
2024 -21.37% -42647410.00% 0.00x 1.92x AU$-12.52 Million

Industry Comparison

This section compares Walkabout Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Walkabout Resources Ltd (WKT) AU$39.92 Million -16.61% 0.92x $28.23 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million