Viking Mines Limited
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 Limited (AVI) - Net Assets
Latest net assets as of June 2025: €8.06 Million EUR
Based on the latest financial reports, Viking Mines Limited (AVI) has net assets worth €8.06 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.43 Million) and total liabilities (€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 | €8.06 Million |
| % of Total Assets | 95.6% |
| Annual Growth Rate | 9.37% |
| 5-Year Change | 19.73% |
| 10-Year Change | 79.44% |
| Growth Volatility | 79.88 |
Viking Mines Limited - Net Assets Trend (2014–2025)
This chart illustrates how Viking Mines Limited'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 Limited (2014–2025)
The table below shows the annual net assets of Viking Mines Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €8.06 Million | +12.20% |
| 2024-06-30 | €7.18 Million | -24.71% |
| 2023-06-30 | €9.54 Million | +16.46% |
| 2022-06-30 | €8.19 Million | +21.70% |
| 2021-06-30 | €6.73 Million | +250.77% |
| 2020-06-30 | €1.92 Million | -30.45% |
| 2019-06-30 | €2.76 Million | -13.28% |
| 2018-06-30 | €3.18 Million | +58.83% |
| 2017-06-30 | €2.00 Million | -55.40% |
| 2016-06-30 | €4.49 Million | -15.81% |
| 2015-06-30 | €5.33 Million | +77.28% |
| 2014-06-30 | €3.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Viking Mines Limited'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 1400484100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €35.52 Million | 440.77% |
| Total Equity | €8.06 Million | 100.00% |
Viking Mines Limited Competitors by Market Cap
The table below lists competitors of Viking Mines Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stel Holdings Limited
NSE:STEL
|
$10.23 Million |
|
Swoop Holdings Ltd
AU:SWP
|
$10.24 Million |
|
IKONISYS EO 2
F:9W8
|
$10.25 Million |
|
Luda Technology Group Limited
NYSE MKT:LUD
|
$10.25 Million |
|
RIV Capital Inc
PINK:CNPOF
|
$10.23 Million |
|
Kairous Acquisition Corp Ltd
NASDAQ:KACL
|
$10.23 Million |
|
Helios Energy Ltd
AU:HE8
|
$10.23 Million |
|
Arika Resources Ltd
AU:ARI
|
$10.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viking Mines Limited'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 factors increased equity by 1,399,882.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.12 Million | -38.75% |
| Share Repurchases | €166.69K | -2.07% |
| Share Issuances | €2.77 Million | +34.32% |
| Other Changes | €1.40 Million | +17.37% |
| Total Change | €- | 12.20% |
Book Value vs Market Value Analysis
This analysis compares Viking Mines Limited'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: 1.67x
- 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 1.32x to 1.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.01 | €0.01 | x |
| 2018-06-30 | €0.01 | €0.01 | x |
| 2019-06-30 | €0.01 | €0.01 | x |
| 2020-06-30 | €0.01 | €0.01 | x |
| 2021-06-30 | €0.01 | €0.01 | x |
| 2022-06-30 | €0.01 | €0.01 | x |
| 2023-06-30 | €0.01 | €0.01 | x |
| 2024-06-30 | €0.01 | €0.01 | x |
| 2025-06-30 | €0.01 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viking Mines Limited 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: -13148.45%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-38.75%) is below the historical average (-25.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -19.48% | 0.00% | 0.00x | 0.95x | €-1.11 Million |
| 2015 | -34.45% | 0.00% | 0.00x | 0.96x | €-2.70 Million |
| 2016 | -15.14% | 0.00% | 0.00x | 0.89x | €-1.32 Million |
| 2017 | -126.86% | -898.25% | 0.17x | 0.85x | €-3.76 Million |
| 2018 | 43.01% | 60.46% | 0.82x | 0.86x | €1.29 Million |
| 2019 | -14.19% | -404.17% | 0.04x | 0.82x | €-846.45K |
| 2020 | -26.73% | 0.00% | 0.00x | 0.79x | €-976.95K |
| 2021 | -62.35% | 0.00% | 0.00x | 1.03x | €-5.41 Million |
| 2022 | 16.96% | 0.00% | 0.00x | 1.07x | €570.31K |
| 2023 | 12.71% | 0.00% | 0.00x | 1.23x | €258.52K |
| 2024 | -38.52% | 0.00% | 0.00x | 1.22x | €-3.48 Million |
| 2025 | -38.75% | -13148.45% | 0.00x | 1.05x | €-3.93 Million |
Industry Comparison
This section compares Viking Mines Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $9,887,335
- Average return on equity (ROE) among peers: -109.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viking Mines Limited (AVI) | €8.06 Million | -19.48% | 0.05x | $10.23 Million |
| Pearl Gold AG (02P) | $12.95 Million | -4.16% | 0.03x | $8.89 Million |
| McLaren Resources Inc (3ML) | $487.64K | -207.86% | 0.10x | $3.94 Million |
| 4LE (4LE) | $1.51 Million | -86.82% | 0.36x | $2.28 Million |
| 5EV0 (5EV0) | $61.58 Million | 4.94% | 0.02x | $97.49 Million |
| ARMISTICE RESOURCES (7AZ) | $18.89 Million | -36.42% | 1.84x | $8.70 Million |
| Bulletin Resources Limited (7BR) | $2.14 Million | -87.64% | 0.10x | $5.43 Million |
| Canadian Gold Corp. (8S8) | $-432.05K | 0.00% | 0.00x | $53.11 Million |
| Earthwise Minerals Corp. (966) | $-816.57K | 0.00% | 0.00x | $604.28K |
| Platinex Inc (9PX) | $2.56 Million | -34.41% | 0.06x | $11.16 Million |
| ARCUS DEVELOPMENT (AJR) | $8.31K | -643.10% | 0.29x | $1.63 Million |