Keras Resources PLC
Keras Resources Plc, a mineral resource company, engages in the exploration, evaluation, and development of mineral properties in the United States and internationally. The company operates through Phosphate and Other Operation segments. Its flagship project is the Diamond Creek Phosphate Mine located in Salt Lake City, Utah. The company was formerly known as Ferrex PLC and changed its name to Ke… Read more
Keras Resources PLC (KRS) - Net Assets
Latest net assets as of June 2025: GBX3.06 Million GBX
Based on the latest financial reports, Keras Resources PLC (KRS) has net assets worth GBX3.06 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX5.73 Million) and total liabilities (GBX2.67 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 | GBX3.06 Million |
| % of Total Assets | 53.4% |
| Annual Growth Rate | -1.65% |
| 5-Year Change | -1.89% |
| 10-Year Change | -86.14% |
| Growth Volatility | 1573.83 |
Keras Resources PLC - Net Assets Trend (2011–2024)
This chart illustrates how Keras Resources PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Keras Resources PLC (2011–2024)
The table below shows the annual net assets of Keras Resources PLC from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX2.95 Million | -7.29% |
| 2023-12-31 | GBX3.18 Million | -15.82% |
| 2022-12-31 | GBX3.78 Million | +15.20% |
| 2021-12-31 | GBX3.28 Million | +9.11% |
| 2020-12-31 | GBX3.01 Million | 0.00% |
| 2020-09-30 | GBX3.01 Million | -73.25% |
| 2019-12-31 | GBX11.24 Million | 0.00% |
| 2019-09-30 | GBX11.24 Million | -9.52% |
| 2018-09-30 | GBX12.43 Million | -41.64% |
| 2017-09-30 | GBX21.29 Million | +6294.29% |
| 2016-09-30 | GBX333.00K | -27.92% |
| 2015-09-30 | GBX462.00K | -91.40% |
| 2014-09-30 | GBX5.37 Million | +4.25% |
| 2013-09-30 | GBX5.15 Million | +64.13% |
| 2012-09-30 | GBX3.14 Million | -14.63% |
| 2011-09-30 | GBX3.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Keras Resources PLC'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 339400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX954.00K | 32.33% |
| Other Comprehensive Income | GBX142.00K | 4.81% |
| Other Components | GBX6.07 Million | 205.79% |
| Total Equity | GBX2.95 Million | 100.00% |
Keras Resources PLC Competitors by Market Cap
The table below lists competitors of Keras Resources PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GreetEat Corporation
PINK:GEAT
|
$286.44 |
|
Vapiano SE
STU:VAO
|
$286.51 |
|
Northcoders Group PLC
LSE:CODE
|
$286.58 |
|
Anemoi International Ltd
LSE:AMOI
|
$286.61 |
|
The Scottish Oriental Smaller Companies Trust plc
LSE:SST
|
$285.25 |
|
NILTF
OTCQB:NILTF
|
$285.06 |
|
TRUSCOTT MINING
BE:T2M
|
$284.91 |
|
ECO ORO MIN
MU:GQQ
|
$284.28 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keras Resources PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,183,000 to 2,951,000, a change of -232,000 (-7.3%).
- Net loss of 753,000 reduced equity.
- New share issuances of 377,000 increased equity.
- Other comprehensive income increased equity by 144,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-753.00K | -25.52% |
| Share Issuances | GBX377.00K | +12.78% |
| Other Comprehensive Income | GBX144.00K | +4.88% |
| Total Change | GBX- | -7.29% |
Book Value vs Market Value Analysis
This analysis compares Keras Resources PLC'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: 35.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.56x to 35.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-09-30 | GBX0.80 | GBX1.25 | x |
| 2012-09-30 | GBX0.57 | GBX1.25 | x |
| 2013-09-30 | GBX0.74 | GBX1.25 | x |
| 2014-09-30 | GBX0.65 | GBX1.25 | x |
| 2015-09-30 | GBX0.11 | GBX1.25 | x |
| 2016-09-30 | GBX0.08 | GBX1.25 | x |
| 2017-09-30 | GBX1.19 | GBX1.25 | x |
| 2018-09-30 | GBX0.54 | GBX1.25 | x |
| 2019-09-30 | GBX0.49 | GBX1.25 | x |
| 2019-12-31 | GBX0.48 | GBX1.25 | x |
| 2020-09-30 | GBX0.11 | GBX1.25 | x |
| 2020-12-31 | GBX0.11 | GBX1.25 | x |
| 2022-12-31 | GBX0.05 | GBX1.25 | x |
| 2023-12-31 | GBX0.04 | GBX1.25 | x |
| 2024-12-31 | GBX0.04 | GBX1.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keras Resources PLC 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): -25.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -67.29%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.09x
- Recent ROE (-25.52%) is above the historical average (-61.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -22.11% | 0.00% | 0.00x | 1.05x | GBX-1.20 Million |
| 2012 | -43.79% | 0.00% | 0.00x | 1.04x | GBX-1.75 Million |
| 2013 | -28.83% | 0.00% | 0.00x | 1.01x | GBX-2.09 Million |
| 2014 | -29.64% | 0.00% | 0.00x | 1.01x | GBX-2.26 Million |
| 2015 | -485.31% | 0.00% | 0.00x | 1.18x | GBX-5.56 Million |
| 2016 | -208.00% | -114.20% | 0.63x | 2.88x | GBX-2.32 Million |
| 2017 | 15.41% | 0.00% | 0.00x | 1.01x | GBX1.16 Million |
| 2018 | -4.59% | 0.00% | 0.00x | 1.05x | GBX-1.83 Million |
| 2019 | -4.54% | 0.00% | 0.00x | 1.02x | GBX-1.65 Million |
| 2019 | -4.54% | 0.00% | 0.00x | 1.02x | GBX-1.65 Million |
| 2020 | -37.52% | 0.00% | 0.00x | 1.10x | GBX-1.50 Million |
| 2020 | -37.64% | 0.00% | 0.00x | 1.10x | GBX-1.50 Million |
| 2021 | -28.82% | -257.31% | 0.06x | 1.94x | GBX-1.19 Million |
| 2022 | -27.40% | -108.25% | 0.15x | 1.70x | GBX-1.47 Million |
| 2023 | -14.92% | -51.86% | 0.19x | 1.49x | GBX-793.30K |
| 2024 | -25.52% | -67.29% | 0.18x | 2.09x | GBX-1.05 Million |
Industry Comparison
This section compares Keras Resources PLC'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: $17,763,184
- Average return on equity (ROE) among peers: -2584.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keras Resources PLC (KRS) | GBX3.06 Million | -22.11% | 0.87x | $286.30 |
| First Tin PLC (1SN) | $13.67 Million | -54.66% | 0.01x | $11.21K |
| 80 Mile Plc (80M) | $32.97 Million | -29.00% | 0.04x | $6.22K |
| ACG Acquisition Co. Ltd. (ACG) | $-246.05K | 0.00% | 0.00x | $39.03K |
| Armadale Capital Plc (ACP) | $4.28K | -25184.13% | 0.10x | $68.15 |
| Adriatic Metals (ADT1) | $107.90 Million | -43.69% | 0.62x | $134.52K |
| Arc Minerals Limited (ARCM) | $1.77 Million | -28.44% | 0.07x | $1.06K |
| Eastinco Mining & Exploration PLC (ATN) | $104.00K | -485.58% | 0.41x | $551.97 |
| Anglesey Mining (AYM) | $0.00 | 0.00% | 0.00x | $265.45 |
| Bradda Head Holdings Ltd (BHL) | $15.66 Million | 0.00% | 0.01x | $736.65 |
| Blencowe Resources Plc (BRES) | $5.79 Million | -16.61% | 0.34x | $5.95K |