Kraken Energy Corp.
Kraken Energy Corp. acquires and explores for mineral properties in North America. The company primarily explores for uranium, silver, gold, copper, nickel, and molybdenum, deposits. Its flagship project is the 100% owned Apex Uranium Property covering an area of approximately 6,027 hectares located in Lander County, Nevada. The company was formerly known as Ivor Exploration Inc. and changed its … Read more
Kraken Energy Corp. (UUSAF) - Net Assets
Latest net assets as of December 2024: $24.70 Million USD
Based on the latest financial reports, Kraken Energy Corp. (UUSAF) has net assets worth $24.70 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.73 Million) and total liabilities ($31.67K). 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 | $24.70 Million |
| % of Total Assets | 99.87% |
| Annual Growth Rate | 172.37% |
| 5-Year Change | 13213.97% |
| 10-Year Change | N/A |
| Growth Volatility | 14328.59 |
Kraken Energy Corp. - Net Assets Trend (2019–2024)
This chart illustrates how Kraken Energy Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kraken Energy Corp. (2019–2024)
The table below shows the annual net assets of Kraken Energy Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $24.05 Million | -11.01% |
| 2023-06-30 | $27.02 Million | -16.38% |
| 2022-06-30 | $32.32 Million | +35805.25% |
| 2021-06-30 | $90.01K | -50.17% |
| 2020-06-30 | $180.62K | +12.82% |
| 2019-06-30 | $160.10K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kraken Energy Corp.'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 2043930400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $44.54 Million | 185.20% |
| Total Equity | $24.05 Million | 100.00% |
Kraken Energy Corp. Competitors by Market Cap
The table below lists competitors of Kraken Energy Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Staatl. Mineralbrunnen AG
MU:SLB
|
$1.07 Million |
|
TION RENEWABLES AG
F:TION
|
$1.07 Million |
|
Neotion SA
PA:ALNEO
|
$1.07 Million |
|
SUNKWAN P.G. DL-000001
F:5YQ
|
$1.07 Million |
|
CIRRUS LOGIC - Dusseldorf Stock Exchang
DU:CRU
|
$1.07 Million |
|
Nagreeka Capital & Infrastructure Limited
NSE:NAGREEKCAP
|
$1.07 Million |
|
ZOETIS-A
BE:ZOE
|
$1.07 Million |
|
Sobr Safe Inc
NASDAQ:SOBR
|
$1.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kraken Energy Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,023,531 to 24,047,701, a change of -2,975,830 (-11.0%).
- Net loss of 4,247,522 reduced equity.
- New share issuances of 438,658 increased equity.
- Other comprehensive income decreased equity by 2,647,169.
- Other factors increased equity by 3,480,203.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.25 Million | -17.66% |
| Share Issuances | $438.66K | +1.82% |
| Other Comprehensive Income | $-2.65 Million | -11.01% |
| Other Changes | $3.48 Million | +14.47% |
| Total Change | $- | -11.01% |
Book Value vs Market Value Analysis
This analysis compares Kraken Energy Corp.'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: 0.05x
- 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 1.46x to 0.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $0.01 | $0.02 | x |
| 2020-06-30 | $0.02 | $0.02 | x |
| 2021-06-30 | $0.01 | $0.02 | x |
| 2022-06-30 | $1.57 | $0.02 | x |
| 2023-06-30 | $0.50 | $0.02 | x |
| 2024-06-30 | $0.40 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kraken Energy Corp. 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): -17.66%
- 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: 1.01x
- Recent ROE (-17.66%) is above the historical average (-50.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -26.48% | 0.00% | 0.00x | 1.04x | $-58.41K |
| 2020 | -96.25% | 0.00% | 0.00x | 1.89x | $-191.90K |
| 2021 | -100.67% | 0.00% | 0.00x | 1.77x | $-99.61K |
| 2022 | -36.78% | 0.00% | 0.00x | 1.01x | $-15.12 Million |
| 2023 | -26.94% | 0.00% | 0.00x | 1.01x | $-9.98 Million |
| 2024 | -17.66% | 0.00% | 0.00x | 1.01x | $-6.65 Million |
Industry Comparison
This section compares Kraken Energy Corp.'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kraken Energy Corp. (UUSAF) | $24.70 Million | -26.48% | 0.00x | $1.07 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |