KGL Resources Limited (KN6) - Net Assets
Based on the latest financial reports, KGL Resources Limited (KN6) has net assets worth €121.21 Million EUR (≈ $141.71 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€124.21 Million ≈ $145.22 Million USD) and total liabilities (€3.00 Million ≈ $3.51 Million 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 KGL Resources Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €121.21 Million |
| % of Total Assets | 97.59% |
| Annual Growth Rate | 15.97% |
| 5-Year Change | 80.2% |
| 10-Year Change | 279.15% |
| Growth Volatility | 17.27 |
KGL Resources Limited - Net Assets Trend (2013–2023)
This chart illustrates how KGL Resources Limited's net assets have evolved over time, based on quarterly financial data. Also explore KGL Resources Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for KGL Resources Limited (2013–2023)
The table below shows the annual net assets of KGL Resources Limited from 2013 to 2023. For live valuation and market cap data, see KN6 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €121.21 Million ≈ $141.71 Million |
-2.21% |
| 2022-12-31 | €123.95 Million ≈ $144.91 Million |
+34.96% |
| 2021-12-31 | €91.84 Million ≈ $107.37 Million |
+31.73% |
| 2020-12-31 | €69.72 Million ≈ $81.51 Million |
+3.65% |
| 2019-12-31 | €67.27 Million ≈ $78.64 Million |
+19.57% |
| 2018-12-31 | €56.26 Million ≈ $65.77 Million |
+26.81% |
| 2017-12-31 | €44.36 Million ≈ $51.87 Million |
+47.74% |
| 2016-12-31 | €30.03 Million ≈ $35.11 Million |
+2.19% |
| 2015-12-31 | €29.39 Million ≈ $34.35 Million |
-8.08% |
| 2014-12-31 | €31.97 Million ≈ $37.38 Million |
+16.00% |
| 2013-12-31 | €27.56 Million ≈ $32.22 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to KGL Resources 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 1268179400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €250.81 Million | 206.92% |
| Total Equity | €121.21 Million | 100.00% |
KGL Resources Limited Competitors by Market Cap
The table below lists competitors of KGL Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PetMed Express Inc
NASDAQ:PETS
|
$48.58 Million |
|
Asian Pac Holdings Bhd
KLSE:4057
|
$48.59 Million |
|
S-Fuelcell co. Ltd
KQ:288620
|
$48.62 Million |
|
Bellavista Resources Ltd
AU:BVR
|
$48.62 Million |
|
Cowealth Medical Holding Co Ltd
TWO:4745
|
$48.56 Million |
|
Digihost Technology Inc
V:DGHI
|
$48.56 Million |
|
ENTERA BIO IS-0000769
F:5DT
|
$48.52 Million |
|
Analabs Resources Bhd
KLSE:7083
|
$48.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KGL Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 123,949,107 to 121,212,266, a change of -2,736,841 (-2.2%).
- Net loss of 2,671,410 reduced equity.
- Share repurchases of 58,052 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.67 Million | -2.2% |
| Share Repurchases | €58.05K | -0.05% |
| Other Changes | €-7.38K | -0.01% |
| Total Change | €- | -2.21% |
Book Value vs Market Value Analysis
This analysis compares KGL Resources 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: 0.87x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.19 | €0.18 | x |
| 2018-12-31 | €0.21 | €0.18 | x |
| 2019-12-31 | €0.21 | €0.18 | x |
| 2020-12-31 | €0.20 | €0.18 | x |
| 2021-12-31 | €0.23 | €0.18 | x |
| 2022-12-31 | €0.22 | €0.18 | x |
| 2023-12-31 | €0.21 | €0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KGL Resources 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): -2.20%
- 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: 1.02x
- Recent ROE (-2.20%) is above the historical average (-6.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -50.06% | -1965.35% | 0.02x | 1.09x | €-16.92 Million |
| 2014 | 10.78% | 549.14% | 0.02x | 1.04x | €247.83K |
| 2015 | -8.27% | -852.62% | 0.01x | 1.02x | €-5.37 Million |
| 2016 | -7.53% | 0.00% | 0.00x | 1.02x | €-5.27 Million |
| 2017 | -2.85% | -1516.71% | 0.00x | 1.02x | €-5.70 Million |
| 2018 | -2.18% | -420.77% | 0.01x | 1.03x | €-6.85 Million |
| 2019 | -3.46% | -1402.04% | 0.00x | 1.01x | €-9.05 Million |
| 2020 | -1.79% | 0.00% | 0.00x | 1.01x | €-8.22 Million |
| 2021 | -2.53% | 0.00% | 0.00x | 1.04x | €-11.51 Million |
| 2022 | -1.94% | 0.00% | 0.00x | 1.01x | €-14.80 Million |
| 2023 | -2.20% | 0.00% | 0.00x | 1.02x | €-14.79 Million |
Industry Comparison
This section compares KGL Resources Limited'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: $13,665,172
- Average return on equity (ROE) among peers: -60.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KGL Resources Limited (KN6) | €121.21 Million | -50.06% | 0.02x | $48.57 Million |
| Scandium International Mining Corp (0E6) | $3.10 Million | -89.51% | 0.07x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $-286.00K | 0.00% | 0.00x | $25.79 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.82 Million | -29.84% | 0.10x | $581.83K |
| Benz Mining Corp (1VU) | $3.51 Million | -359.60% | 0.72x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $576.94K | -51.70% | 0.11x | $7.21 Million |
| PURANIUM ENERGY LTD. (2DK) | $-93.86K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $7.88 Million | -26.62% | 0.08x | $1.14 Million |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.74 Million |
| CDN Maverick Capital Corp. (338B) | $4.61 Million | -41.96% | 0.12x | $2.29 Million |
| Adriatic Metals Plc (3FN) | $113.54 Million | -8.98% | 0.16x | $1.23 Billion |
About KGL Resources Limited
KGL Resources Limited develops, explores, and evaluates mineral properties in Australia. The company explores for copper, silver, gold, lead, and zinc deposits. It's flagship project owned 100% interests in the Jervois project covering an area of approximately 252 square kilometers for exploration leases and 37.9 square kilometers for exploration licenses located in the Northern Territory, Austra… Read more