Okmin Resources, Inc.
Okmin Resources, Inc. engages in the acquisition, exploration, and development of oil and gas properties, mineral rights, and other natural resource assets. The company's projects are located in Oklahoma and Kansas. The company was incorporated in 2020 and is based in Encino, California.
Okmin Resources, Inc. (OKMN) - Net Assets
Latest net assets as of December 2025: $-583.17K USD
Based on the latest financial reports, Okmin Resources, Inc. (OKMN) has net assets worth $-583.17K USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($73.42K) and total liabilities ($656.59K). 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 | $-583.17K |
| % of Total Assets | -794.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 77.59 |
Okmin Resources, Inc. - Net Assets Trend (2021–2025)
This chart illustrates how Okmin Resources, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Okmin Resources, Inc. (2021–2025)
The table below shows the annual net assets of Okmin Resources, Inc. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $-620.61K | -272.65% |
| 2024-06-30 | $-166.54K | -129.24% |
| 2023-06-30 | $569.55K | -6.93% |
| 2022-06-30 | $611.96K | +57.89% |
| 2021-06-30 | $387.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Okmin Resources, Inc.'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 223376400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.69 Million | % |
| Total Equity | $-620.61K | 100.00% |
Okmin Resources, Inc. Competitors by Market Cap
The table below lists competitors of Okmin Resources, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regenerx Biopharm In
OTCQB:RGRX
|
$449.00 |
|
VR Factory Games SA
WAR:VRF
|
$449.69 |
|
Woodbois Ltd
LSE:WBI
|
$449.72 |
|
CQS Natural Resources Growth and Income plc
LSE:CYN
|
$449.82 |
|
Eden Hotel Lanka PLC
CM:EDENN0000
|
$448.34 |
|
Loud Beverage Group Inc
PINK:LBEV
|
$447.52 |
|
Pri0r1ty Intelligence Group PLC
LSE:PR1
|
$446.95 |
|
H M SAMPOERNA
MU:HSZ
|
$446.02 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Okmin Resources, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -166,538 to -620,605, a change of -454,067.
- Net loss of 597,167 reduced equity.
- Other factors increased equity by 143,100.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-597.17K | -96.22% |
| Other Changes | $143.10K | +23.06% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Okmin Resources, Inc.'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | $0.00 | $0.05 | x |
| 2022-06-30 | $0.01 | $0.05 | x |
| 2023-06-30 | $0.01 | $0.05 | x |
| 2024-06-30 | $0.00 | $0.05 | x |
| 2025-06-30 | $-0.01 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Okmin Resources, Inc. 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2692.37%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-32.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -38.30% | -255.20% | 0.10x | 1.47x | $-295.56K |
| 2023 | -92.88% | -463.65% | 0.12x | 1.61x | $-585.97K |
| 2024 | 0.00% | -2052.54% | 0.12x | 0.00x | $-856.56K |
| 2025 | 0.00% | -2692.37% | 0.17x | 0.00x | $-535.11K |
Industry Comparison
This section compares Okmin Resources, Inc.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Okmin Resources, Inc. (OKMN) | $-583.17K | -38.30% | N/A | $448.65 |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |