Kalamazoo Resources Limited (KR1) - Net Assets
Based on the latest financial reports, Kalamazoo Resources Limited (KR1) has net assets worth €22.11 Million EUR as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€27.07 Million) and total liabilities (€4.95 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 | €22.11 Million |
| % of Total Assets | 81.7% |
| Annual Growth Rate | 20.72% |
| 5-Year Change | 29.73% |
| 10-Year Change | N/A |
| Growth Volatility | 38.29 |
Kalamazoo Resources Limited - Net Assets Trend (2017–2024)
This chart illustrates how Kalamazoo Resources 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 Kalamazoo Resources Limited (2017–2024)
The table below shows the annual net assets of Kalamazoo Resources Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €22.11 Million | +19.88% |
| 2023-06-30 | €18.45 Million | -3.51% |
| 2022-06-30 | €19.12 Million | +6.45% |
| 2021-06-30 | €17.96 Million | +5.35% |
| 2020-06-30 | €17.05 Million | +116.03% |
| 2019-06-30 | €7.89 Million | +27.12% |
| 2018-06-30 | €6.21 Million | +4.88% |
| 2017-06-30 | €5.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kalamazoo 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 grown by 114573400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €27.61 Million | 124.84% |
| Total Equity | €22.11 Million | 100.00% |
Kalamazoo Resources Limited Competitors by Market Cap
The table below lists competitors of Kalamazoo Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZENSUN ENTERPRISES LTD.
F:OVZ1
|
$24.61 Million |
|
Blue Star Gold Corp
V:BAU
|
$24.61 Million |
|
Choo Bee Metal Industries Bhd
KLSE:5797
|
$24.62 Million |
|
Quest Resource Holding Corp
NASDAQ:QRHC
|
$24.63 Million |
|
Sievi Capital Plc
F:WE3
|
$24.60 Million |
|
Hermana Holding ASA
OL:HERMA
|
$24.59 Million |
|
Bliss Properti Indonesia Tbk PT
JK:POSA
|
$24.58 Million |
|
Spinnova Oy
HE:SPINN
|
$24.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kalamazoo Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,447,285 to 22,114,946, a change of 3,667,661 (19.9%).
- Net income of 4,613,969 contributed positively to equity growth.
- Share repurchases of 152,121 reduced equity.
- New share issuances of 1,401,000 increased equity.
- Other factors decreased equity by 2,195,187.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.61 Million | +20.86% |
| Share Repurchases | €152.12K | -0.69% |
| Share Issuances | €1.40 Million | +6.34% |
| Other Changes | €-2.20 Million | -9.93% |
| Total Change | €- | 19.88% |
Book Value vs Market Value Analysis
This analysis compares Kalamazoo 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: 0.54x
- 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.
- The price-to-book ratio has decreased from 0.94x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.07 | €0.07 | x |
| 2018-06-30 | €0.07 | €0.07 | x |
| 2019-06-30 | €0.09 | €0.07 | x |
| 2020-06-30 | €0.13 | €0.07 | x |
| 2021-06-30 | €0.14 | €0.07 | x |
| 2022-06-30 | €0.14 | €0.07 | x |
| 2023-06-30 | €0.12 | €0.07 | x |
| 2024-06-30 | €0.12 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kalamazoo 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): 20.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (20.86%) is above the historical average (-5.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -27.82% | -12981.01% | 0.00x | 1.12x | €-2.24 Million |
| 2018 | -3.78% | 0.00% | 0.00x | 1.06x | €-855.62K |
| 2019 | 14.68% | 0.00% | 0.00x | 1.02x | €369.02K |
| 2020 | -19.43% | 0.00% | 0.00x | 1.06x | €-5.02 Million |
| 2021 | -2.48% | 0.00% | 0.00x | 1.11x | €-2.24 Million |
| 2022 | -7.25% | 0.00% | 0.00x | 1.08x | €-3.30 Million |
| 2023 | -18.02% | 0.00% | 0.00x | 1.19x | €-5.17 Million |
| 2024 | 20.86% | 0.00% | 0.00x | 1.22x | €2.40 Million |
Industry Comparison
This section compares Kalamazoo Resources Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,479,339
- Average return on equity (ROE) among peers: -179.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kalamazoo Resources Limited (KR1) | €22.11 Million | -27.82% | 0.22x | $24.61 Million |
| Pearl Gold AG (02P) | $12.93 Million | -1435.29% | 0.08x | $16.66 Million |
| AMIGO HLDGS PLC. LS-0025 (0VG) | $-121.40 Million | 0.00% | 0.00x | $28.02 Million |
| Asante Gold Corporation (1A9) | $132.61 Million | -99.79% | 6.37x | $750.30 Million |
| American Pacific Mining Corp (1QC1) | $11.71 Million | -22.07% | 0.01x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| Rio2 Limited (1SB) | $125.11 Million | -0.02% | 0.39x | $905.31 Million |
| GREENHAWK RESOURCES INC. (2V70) | $4.54 Million | -24.50% | 0.01x | $453.49K |
| McLaren Resources Inc (3ML) | $422.49K | -81.09% | 0.08x | $2.76 Million |
| RIO GRANDE RESOURCES LTD. (488) | $1.57 Million | -130.13% | 0.95x | $6.72 Million |
| ARIANA RESOURCESLS -001 (4A6) | $43.41 Million | 6.20% | 0.05x | $51.24 Million |
About Kalamazoo Resources Limited
Kalamazoo Resources Limited explores for and develops mineral projects in Australia. The company primarily explores for gold, lithium, and base metal deposits. It holds interest in the Ashburton project covering an area of 222 square kilometers located in Paraburdoo, Western Australia; the Mallina West Gold project covering an area of 118 square kilometers located in Pilbara, Western Australia; t… Read more