CKALF
Cokal Limited, together with its subsidiaries, engages in the identification, exploration, and development of coal in Indonesia, Australia, and Tanzania. The company explores for metallurgical coal deposits. Its flagship project is the 60% owned Bumi Barito Mineral project that covers an area of 14,980 hectares located in Central Kalimantan, Indonesia. Cokal Limited is based in Sydney, Australia.
CKALF (CKALF) - Net Assets
Latest net assets as of June 2024: $-7.43 Million USD
Based on the latest financial reports, CKALF (CKALF) has net assets worth $-7.43 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($46.01 Million) and total liabilities ($53.44 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 | $-7.43 Million |
| % of Total Assets | -16.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 273.6 |
CKALF - Net Assets Trend (2021–2024)
This chart illustrates how CKALF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CKALF (2021–2024)
The table below shows the annual net assets of CKALF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-7.43 Million | -647.63% |
| 2023-06-30 | $1.36 Million | +4931.64% |
| 2022-06-30 | $-28.09K | -100.43% |
| 2021-06-30 | $6.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CKALF'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 2622349900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $112.89 Million | % |
| Total Equity | $-8.47 Million | 100.00% |
CKALF Competitors by Market Cap
The table below lists competitors of CKALF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International Prospect Ventures Ltd
PINK:URANF
|
$939.82K |
|
MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock
NASDAQ:STRC
|
$940.02K |
|
Idogen AB
ST:IDOGEN
|
$940.11K |
|
ELEGANCE OPT.INT.HO.HD-10
F:5HW
|
$941.58K |
|
Strive, Inc. Variable Rate Series A Perpetual Preferred Stock
NYSE:SATA
|
$939.62K |
|
ASN Broker Public Company Limited
BK:ASN
|
$939.58K |
|
Top KingWin Ltd
NASDAQ:WAI
|
$939.57K |
|
Bernard Loisea
PA:ALDBL
|
$939.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CKALF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,357,207 to -8,469,206, a change of -9,826,413 (-724.0%).
- Net loss of 9,826,413 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.83 Million | -116.03% |
| Total Change | $- | -724.02% |
Book Value vs Market Value Analysis
This analysis compares CKALF'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 | $0.01 | $0.00 | x |
| 2022-06-30 | $0.00 | $0.00 | x |
| 2023-06-30 | $0.00 | $0.00 | x |
| 2024-06-30 | $-0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CKALF 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: -267.39%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-181.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -41.42% | 0.00% | 0.00x | 4.06x | $-3.35 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.13 Million |
| 2023 | -682.92% | 0.00% | 0.00x | 31.77x | $-9.40 Million |
| 2024 | 0.00% | -267.39% | 0.08x | 0.00x | $-8.98 Million |
Industry Comparison
This section compares CKALF's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $-118,256,822
- Average return on equity (ROE) among peers: -39.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CKALF (CKALF) | $-7.43 Million | -41.42% | N/A | $939.80K |
| AJ Lucas Group Limited (AJLGF) | $65.16 Million | 20.67% | 2.53x | $1.69 Million |
| Alpha Metallurgical Resources Inc (AMR) | $37.22 Million | -209.92% | 24.43x | $2.01 Billion |
| Arch Resources Inc (ARCH) | $-1.24 Billion | 0.00% | 0.00x | $181.11 Million |
| American Resources Corp Class A (AREC) | $107.38K | -82.82% | 0.03x | $183.18 Million |
| Bens Creek Group Plc (BENCF) | $23.00 Million | -105.07% | 2.48x | $19.11K |
| Bathurst Resources Limited (BTURF) | $19.08 Million | 5.15% | 1.20x | $64.95 Million |
| BWCCF (BWCCF) | $14.95 Million | -21.57% | 0.09x | $32.79 |
| Canaf Investments Inc (CAFZF) | $1.71 Million | 48.90% | 1.41x | $8.61 Million |
| Colonial Coal International Corp (CCARF) | $18.74 Million | -8.46% | 0.01x | $97.60 Million |