Kenorland Minerals Ltd
Kenorland Minerals Ltd. engages in the acquisition and exploration of mineral properties in North America. The company primarily explores for gold, silver, and other precious metals. It holds a 100% interest in mineral claims contiguous to the Atlantic Project in New Brunswick. The company is headquartered in Vancouver, Canada.
Kenorland Minerals Ltd (KLDCF) - Net Assets
Latest net assets as of September 2025: $46.99 Million USD
Based on the latest financial reports, Kenorland Minerals Ltd (KLDCF) has net assets worth $46.99 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($60.20 Million) and total liabilities ($13.21 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 | $46.99 Million |
| % of Total Assets | 78.06% |
| Annual Growth Rate | 87.86% |
| 5-Year Change | 271.22% |
| 10-Year Change | N/A |
| Growth Volatility | 198.62 |
Kenorland Minerals Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Kenorland Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kenorland Minerals Ltd (2019–2024)
The table below shows the annual net assets of Kenorland Minerals Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $49.62 Million | +16.90% |
| 2023-12-31 | $42.45 Million | -5.62% |
| 2022-12-31 | $44.97 Million | +119.50% |
| 2021-12-31 | $20.49 Million | +53.28% |
| 2020-12-31 | $13.37 Million | +531.16% |
| 2019-12-31 | $2.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kenorland Minerals Ltd'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 386702600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.69 Million | 7.44% |
| Other Components | $45.93 Million | 92.56% |
| Total Equity | $49.62 Million | 100.00% |
Kenorland Minerals Ltd Competitors by Market Cap
The table below lists competitors of Kenorland Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wayi International Digital Entertainment Co
TWO:3086
|
$44.55 Million |
|
Clene Inc.
NASDAQ:CLNN
|
$44.56 Million |
|
BIDV Securities JSC
VN:BSI
|
$44.56 Million |
|
SYN prop e tech S.A.
SA:SYNE3
|
$44.56 Million |
|
Ion Electronic Materials Co., Ltd.
TWO:6959
|
$44.46 Million |
|
Tirupati Forge Limited
NSE:TIRUPATIFL
|
$44.46 Million |
|
Apex Critical Metals Corp.
OTCQB:APXCF
|
$44.44 Million |
|
Sermsang Power Corporation Public Company Limited
BK:SSP
|
$44.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kenorland Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,447,299 to 49,622,464, a change of 7,175,165 (16.9%).
- Net loss of 3,693,558 reduced equity.
- New share issuances of 10,337,041 increased equity.
- Other factors increased equity by 531,682.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.69 Million | -7.44% |
| Share Issuances | $10.34 Million | +20.83% |
| Other Changes | $531.68K | +1.07% |
| Total Change | $- | 16.90% |
Book Value vs Market Value Analysis
This analysis compares Kenorland Minerals Ltd'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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.46x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.05 | $0.86 | x |
| 2020-12-31 | $0.29 | $0.86 | x |
| 2021-12-31 | $0.40 | $0.86 | x |
| 2022-12-31 | $0.72 | $0.86 | x |
| 2023-12-31 | $0.67 | $0.86 | x |
| 2024-12-31 | $0.65 | $0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kenorland Minerals Ltd 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): -7.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -129.48%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.19x
- Recent ROE (-7.44%) is below the historical average (-1.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.28% | 43.78% | 0.26x | 1.41x | $133.06K |
| 2020 | -46.33% | -981.12% | 0.04x | 1.33x | $-7.53 Million |
| 2021 | 5.43% | 55.57% | 0.08x | 1.19x | $-937.28K |
| 2022 | 36.11% | 656.31% | 0.04x | 1.24x | $11.74 Million |
| 2023 | -10.40% | -118.66% | 0.07x | 1.18x | $-8.66 Million |
| 2024 | -7.44% | -129.48% | 0.05x | 1.19x | $-8.66 Million |
Industry Comparison
This section compares Kenorland Minerals Ltd'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 |
|---|---|---|---|---|
| Kenorland Minerals Ltd (KLDCF) | $46.99 Million | 16.28% | 0.28x | $44.47 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 |