K92 Mining Inc
K92 Mining Inc. engages in the exploration and development of mineral deposits in Papua New Guinea. It primarily produces gold, copper, and silver. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 830 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in… Read more
K92 Mining Inc (KNTNF) - Net Assets
Latest net assets as of September 2025: $688.69 Million USD
Based on the latest financial reports, K92 Mining Inc (KNTNF) has net assets worth $688.69 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 ($861.71 Million) and total liabilities ($173.02 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 | $688.69 Million |
| % of Total Assets | 79.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | 161.54% |
| 10-Year Change | N/A |
| Growth Volatility | 81.1 |
K92 Mining Inc - Net Assets Trend (2014–2024)
This chart illustrates how K92 Mining 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 K92 Mining Inc (2014–2024)
The table below shows the annual net assets of K92 Mining Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $474.74 Million | +35.30% |
| 2023-12-31 | $350.89 Million | +13.44% |
| 2022-12-31 | $309.31 Million | +37.39% |
| 2021-12-31 | $225.14 Million | +24.03% |
| 2020-12-31 | $181.51 Million | +45.57% |
| 2019-12-31 | $124.69 Million | +78.62% |
| 2018-12-31 | $69.81 Million | +227.09% |
| 2017-12-31 | $21.34 Million | +216.39% |
| 2016-12-31 | $6.75 Million | +681.21% |
| 2015-12-31 | $-1.16 Million | -1489.66% |
| 2014-12-31 | $-73.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to K92 Mining 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 grown by 28610061200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $285.24 Million | 60.08% |
| Other Components | $189.50 Million | 39.92% |
| Total Equity | $474.74 Million | 100.00% |
K92 Mining Inc Competitors by Market Cap
The table below lists competitors of K92 Mining Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Far East Horizon Limited
PINK:FEZHF
|
$1.85 Billion |
|
CENTRAL RETAIL CORP PCL-NVDR
BK:CRC-R
|
$1.85 Billion |
|
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376
|
$1.85 Billion |
|
Shanghai Highly Group Co Ltd A
SHG:600619
|
$1.85 Billion |
|
CHINA CONCH VENT. HD -01
F:68C
|
$1.85 Billion |
|
Fraport AG
PINK:FPRUF
|
$1.85 Billion |
|
Edgewise Therapeutics Inc
NASDAQ:EWTX
|
$1.84 Billion |
|
Jiangsu Sidike New Materials Sci Te
SHE:300806
|
$1.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K92 Mining Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 350,892,000 to 474,740,000, a change of 123,848,000 (35.3%).
- Net income of 111,224,000 contributed positively to equity growth.
- Other factors increased equity by 12,624,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $111.22 Million | +23.43% |
| Other Changes | $12.62 Million | +2.66% |
| Total Change | $- | 35.30% |
Book Value vs Market Value Analysis
This analysis compares K92 Mining 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
- Current price-to-book ratio: 3.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.00 | $7.80 | x |
| 2017-12-31 | $0.13 | $7.80 | x |
| 2018-12-31 | $0.38 | $7.80 | x |
| 2019-12-31 | $0.59 | $7.80 | x |
| 2020-12-31 | $0.83 | $7.80 | x |
| 2021-12-31 | $1.00 | $7.80 | x |
| 2022-12-31 | $1.33 | $7.80 | x |
| 2023-12-31 | $1.49 | $7.80 | x |
| 2024-12-31 | $2.00 | $7.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K92 Mining 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): 23.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.72%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.32x
- Recent ROE (23.43%) is above the historical average (-11.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-84.91K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.33 Million |
| 2016 | -227.90% | 0.00% | 0.00x | 3.24x | $-16.05 Million |
| 2017 | -56.55% | 0.00% | 0.00x | 1.97x | $-14.20 Million |
| 2018 | 55.95% | 73.47% | 0.61x | 1.26x | $32.08 Million |
| 2019 | 26.10% | 32.00% | 0.66x | 1.24x | $20.07 Million |
| 2020 | 23.16% | 26.42% | 0.74x | 1.19x | $23.88 Million |
| 2021 | 12.10% | 17.65% | 0.57x | 1.21x | $4.73 Million |
| 2022 | 11.48% | 18.88% | 0.51x | 1.20x | $4.59 Million |
| 2023 | 9.45% | 16.56% | 0.49x | 1.18x | $-1.93 Million |
| 2024 | 23.43% | 31.72% | 0.56x | 1.32x | $63.75 Million |
Industry Comparison
This section compares K92 Mining Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K92 Mining Inc (KNTNF) | $688.69 Million | 0.00% | 0.25x | $1.85 Billion |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |