Alkane Resources Limited

PINK:ALKEF USA Gold
Market Cap
$519.16 Million
Market Cap Rank
#16359 Global
#6305 in USA
Share Price
$0.38
Change (1 day)
-13.64%
52-Week Range
$0.38 - $0.44
All Time High
$1.10
Categories
Companies in USA Gold
About

Alkane Resources Ltd operates as a gold exploration and production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects. Alkane Resources Ltd was incorporated in 1969 and is headquartered in West Perth, Australia.

Alkane Resources Limited (ALKEF) - Net Assets

Latest net assets as of June 2025: $345.69 Million USD

Based on the latest financial reports, Alkane Resources Limited (ALKEF) has net assets worth $345.69 Million USD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($519.38 Million) and total liabilities ($173.69 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 $345.69 Million
% of Total Assets 66.56%
Annual Growth Rate 22.28%
5-Year Change 80.46%
10-Year Change 81.65%
Growth Volatility 123.09

Alkane Resources Limited - Net Assets Trend (1990–2025)

This chart illustrates how Alkane Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Alkane Resources Limited (1990–2025)

The table below shows the annual net assets of Alkane Resources Limited from 1990 to 2025.

Year Net Assets Change
2025-06-30 $345.69 Million +11.74%
2024-06-30 $309.37 Million +3.13%
2023-06-30 $300.00 Million +11.58%
2022-06-30 $268.87 Million +40.36%
2021-06-30 $191.56 Million -28.36%
2020-06-30 $267.39 Million +25.02%
2019-06-30 $213.88 Million +12.33%
2018-06-30 $190.40 Million +15.44%
2017-06-30 $164.93 Million -13.34%
2016-06-30 $190.31 Million +5.90%
2015-06-30 $179.72 Million -3.51%
2014-06-30 $186.26 Million +8.12%
2013-06-30 $172.28 Million +174.75%
2012-06-30 $62.70 Million +37.60%
2011-06-30 $45.57 Million +4.28%
2010-06-30 $43.70 Million +21.82%
2009-06-30 $35.87 Million -7.31%
2008-06-30 $38.70 Million +83.66%
2007-06-30 $21.07 Million +7.15%
2006-06-30 $19.66 Million +18.71%
2005-06-30 $16.57 Million -7.58%
2004-06-30 $17.93 Million +13.19%
2003-06-30 $15.84 Million -10.07%
2002-06-30 $17.61 Million +9.10%
2001-06-30 $16.14 Million +25.53%
2000-06-30 $12.86 Million +145.01%
1999-06-30 $5.25 Million -1.06%
1998-06-30 $5.30 Million -5.82%
1997-06-30 $5.63 Million +116.29%
1996-06-30 $2.60 Million +24.00%
1995-06-30 $2.10 Million -42.50%
1994-06-30 $3.65 Million +711.56%
1993-06-30 $450.00K -17.88%
1992-06-30 $548.00K +29.25%
1991-06-30 $424.00K +39.93%
1990-06-30 $303.00K --

Equity Component Analysis

This analysis shows how different components contribute to Alkane Resources Limited'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 21642200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings $204.29 Million 59.10%
Common Stock $224.69 Million 65.00%
Other Comprehensive Income $-83.29 Million -24.09%
Total Equity $345.69 Million 100.00%

Alkane Resources Limited Competitors by Market Cap

The table below lists competitors of Alkane Resources Limited ranked by their market capitalization.

Company Market Cap
Zhejiang Benli Technology Co. Ltd.
SHE:301065
 		$153.31 Million
IDI SCA INH. EO 710
F:8KC
 		$153.40 Million
T&L Co. Ltd
KQ:340570
 		$153.40 Million
Keck Seng Malaysia Bhd
KLSE:3476
 		$153.43 Million
Horizon Oil Limited
OTCQB:HZNFF
 		$153.28 Million
DEEP VAL.DRILL.AS NK -10
F:9YG
 		$153.28 Million
Unisys Corporation
NYSE:UIS
 		$153.13 Million
Yunnan Bowin Technology Industry Co Ltd
SHG:600883
 		$153.12 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alkane Resources Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 309,374,000 to 345,690,000, a change of 36,316,000 (11.7%).
  • Net income of 33,043,000 contributed positively to equity growth.
  • Other comprehensive income increased equity by 1,899,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $33.04 Million +9.56%
Other Comprehensive Income $1.90 Million +0.55%
Other Changes $1.37 Million +0.4%
Total Change $- 11.74%

Book Value vs Market Value Analysis

This analysis compares Alkane Resources Limited'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: 0.67x
  • 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 2.34x to 0.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-06-30 $0.16 $0.38 x
1993-06-30 $0.01 $0.38 x
1994-06-30 $0.09 $0.38 x
1995-06-30 $0.05 $0.38 x
1996-06-30 $0.04 $0.38 x
1997-06-30 $0.07 $0.38 x
1998-06-30 $0.06 $0.38 x
1999-06-30 $0.06 $0.38 x
2000-06-30 $0.13 $0.38 x
2001-06-30 $0.14 $0.38 x
2002-06-30 $0.13 $0.38 x
2003-06-30 $0.11 $0.38 x
2004-06-30 $0.12 $0.38 x
2005-06-30 $0.10 $0.38 x
2006-06-30 $0.11 $0.38 x
2007-06-30 $0.10 $0.38 x
2008-06-30 $0.17 $0.38 x
2009-06-30 $0.13 $0.38 x
2010-06-30 $0.15 $0.38 x
2011-06-30 $0.16 $0.38 x
2012-06-30 $0.20 $0.38 x
2013-06-30 $0.46 $0.38 x
2014-06-30 $0.47 $0.38 x
2015-06-30 $0.41 $0.38 x
2016-06-30 $0.45 $0.38 x
2017-06-30 $0.33 $0.38 x
2018-06-30 $0.37 $0.38 x
2019-06-30 $0.41 $0.38 x
2020-06-30 $0.47 $0.38 x
2021-06-30 $0.32 $0.38 x
2022-06-30 $0.45 $0.38 x
2023-06-30 $0.50 $0.38 x
2024-06-30 $0.51 $0.38 x
2025-06-30 $0.56 $0.38 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alkane Resources Limited 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): 9.56%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.59%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 1.50x
  • Recent ROE (9.56%) is above the historical average (-1.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1990 -1.13% 0.00% -0.76x 6.30x $-19.70K
1991 0.67% 0.00% 0.00x 2.83x $-27.80K
1992 -0.24% 0.00% 0.00x 2.50x $-43.20K
1995 0.05% 0.00% 0.00x 1.15x $-196.50K
1996 0.08% 0.00% 0.00x 1.71x $-246.10K
1997 -36.73% -84.48% 0.19x 2.32x $-2.58 Million
1998 0.01% 0.00% 0.00x 2.24x $-517.65K
1999 0.01% 0.00% 1.38x 1.81x $-512.21K
2000 0.00% 0.00% 0.00x 1.05x $-1.27 Million
2001 0.00% 0.00% 0.78x 1.10x $-1.60 Million
2002 0.01% 0.01% 0.68x 1.09x $-1.75 Million
2003 0.00% 0.01% 0.60x 1.09x $-1.57 Million
2004 0.00% 0.02% 0.17x 1.05x $-1.78 Million
2005 0.00% 0.05% 0.07x 1.07x $-1.64 Million
2006 -9.07% -321.16% 0.03x 1.05x $-3.73 Million
2007 -17.44% -1589.24% 0.01x 1.04x $-5.75 Million
2008 -3.44% -1777.41% 0.00x 1.05x $-5.18 Million
2009 -0.05% -14.67% 0.00x 1.04x $-3.59 Million
2010 5.27% 30228.38% 0.00x 1.02x $-2.06 Million
2011 17.09% 0.00% 0.00x 1.03x $3.23 Million
2012 -4.44% 0.00% 0.00x 1.04x $-9.06 Million
2013 -77.77% -4848.03% 0.02x 1.07x $-149.92 Million
2014 -3.54% -24.42% 0.13x 1.15x $-23.59 Million
2015 -2.40% -3.99% 0.54x 1.12x $-21.13 Million
2016 2.47% 4.30% 0.46x 1.25x $-14.34 Million
2017 -17.55% -24.66% 0.51x 1.38x $-45.43 Million
2018 12.85% 19.00% 0.50x 1.36x $5.43 Million
2019 10.89% 25.18% 0.37x 1.16x $1.91 Million
2020 4.77% 17.59% 0.22x 1.23x $-13.98 Million
2021 29.08% 43.57% 0.54x 1.23x $36.54 Million
2022 26.13% 42.57% 0.45x 1.37x $43.36 Million
2023 14.15% 22.28% 0.45x 1.42x $12.45 Million
2024 5.71% 10.22% 0.37x 1.50x $-13.26 Million
2025 9.56% 12.59% 0.51x 1.50x $-1.53 Million

Industry Comparison

This section compares Alkane Resources Limited'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
Alkane Resources Limited (ALKEF) $345.69 Million -1.13% 0.50x $153.29 Million
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