ALPHA EXPLORATION LTD Net Assets
ALPHA EXPLORATION LTD net assets. Based on the latest financial reports, ALPHA EXPLORATION LTD (J0C) has net assets worth €17.97 Million EUR (≈ $21.01 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€18.36 Million ≈ $21.47 Million USD) and total liabilities (€395.82K ≈ $462.76K 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. Also explore ALPHA EXPLORATION LTD (J0C) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €17.97 Million |
| % of Total Assets | 97.84% |
| Annual Growth Rate | 29.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.64 |
Net Assets of ALPHA EXPLORATION LTD (2021–2024)
Net assets of ALPHA EXPLORATION LTD from 2021 to 2024. This chart illustrates how ALPHA EXPLORATION LTD's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of ALPHA EXPLORATION LTD to measure how much of total assets are equity-financed.
Annual Net Assets for ALPHA EXPLORATION LTD (2021–2024)
The table below shows the annual net assets of ALPHA EXPLORATION LTD from 2021 to 2024. For live market cap and overall valuation, see ALPHA EXPLORATION LTD market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €15.98 Million ≈ $18.68 Million |
+8.18% |
| 2023-12-31 | €14.77 Million ≈ $17.27 Million |
+60.34% |
| 2022-12-31 | €9.21 Million ≈ $10.77 Million |
+26.15% |
| 2021-12-31 | €7.30 Million ≈ $8.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ALPHA EXPLORATION 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 153824800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
ALPHA EXPLORATION LTD Net Assets Breakdown (December 2024)
ALPHA EXPLORATION LTD net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €20.47 Million | 128.15% |
| Total Equity | €15.98 Million | 100.00% |
ALPHA EXPLORATION LTD Competitors by Market Cap
The table below lists competitors of ALPHA EXPLORATION LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
aap Implantate AG
F:AAQ1
|
$24.09 Million |
|
Kainos Medicine Inc
KQ:284620
|
$24.10 Million |
|
Broadpeak SA
PA:ALBPK
|
$24.10 Million |
|
Maniker
KO:027740
|
$24.10 Million |
|
N.D. Rubber Public Company Limited
BK:NDR
|
$24.07 Million |
|
Canfor Pulp Products Inc.
TO:CFX
|
$24.07 Million |
|
K-Tech Solutions Company Limited Class A Ordinary Shares
NASDAQ:KMRK
|
$24.05 Million |
|
Alam Maritim Resources Bhd
KLSE:5115
|
$24.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALPHA EXPLORATION LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,769,379 to 15,977,049, a change of 1,207,670 (8.2%).
- Net loss of 391,139 reduced equity.
- New share issuances of 1,895,313 increased equity.
- Other factors decreased equity by 296,504.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-391.14K | -2.45% |
| Share Issuances | €1.90 Million | +11.86% |
| Other Changes | €-296.50K | -1.86% |
| Total Change | €- | 8.18% |
Book Value vs Market Value Analysis
This analysis compares ALPHA EXPLORATION 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: 1.11x
- 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 1.44x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.14 | €0.20 | x |
| 2022-12-31 | €0.16 | €0.20 | x |
| 2023-12-31 | €0.17 | €0.20 | x |
| 2024-12-31 | €0.18 | €0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALPHA EXPLORATION 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): -2.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-2.45%) is above the historical average (-5.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -10.62% | 0.00% | 0.00x | 1.17x | €-1.51 Million |
| 2022 | -4.21% | 0.00% | 0.00x | 1.08x | €-1.31 Million |
| 2023 | -5.14% | 0.00% | 0.00x | 1.08x | €-2.24 Million |
| 2024 | -2.45% | 0.00% | 0.00x | 1.05x | €-1.99 Million |
Industry Comparison
This section compares ALPHA EXPLORATION LTD's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $2,684,452,334
- Average return on equity (ROE) among peers: -254.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALPHA EXPLORATION LTD (J0C) | €17.97 Million | -10.62% | 0.02x | $24.08 Million |
| ALLIANZ TECHNO.TR.LS-025 (28X) | $1.22 Million | -1903.68% | 0.04x | $557.41 Million |
| China Silver Group Limited (2CS) | $1.50 Billion | -0.73% | 0.18x | $83.05 Million |
| FORTE MINERALS CORP. (2OA) | $1.21 Million | -42.42% | 0.16x | $57.96 Million |
| Manhattan Corporation Limited (32U) | $-342.70K | 0.00% | 0.00x | $7.82 Million |
| FUTURE METALS NL (3R10) | $24.72 Million | 0.00% | 0.09x | $4.10 Million |
| Sibanye Stillwater Limited (47VS) | $24.72 Billion | -10.11% | 2.43x | $6.12 Billion |
| MONTEGO RESOURCES INC. (4MO) | $74.81K | -582.17% | 17.32x | $18.41K |
| Gemfields Group Limited (5PH) | $550.12 Million | -11.31% | 0.33x | $51.40 Million |
| INFLECTION RESOURCES LTD. (5VJ) | $12.15 Million | -8.69% | 0.02x | $12.80 Million |
| Hammer Metals Limited (6HM) | $35.90 Million | 17.47% | 0.02x | $29.22 Million |
About ALPHA EXPLORATION LTD
Alpha Exploration Ltd., through its subsidiary, engages in the acquisition, exploration, and development of mineral resource properties in Eritrea. The company explores for gold, copper, silver, and volcanogenic massive sulphide deposits. Its main exploration property is the 100% owned Kerkasha Project consisting four areas of colonial workings and six artisanal gold mining prospects identified c… Read more