Kairos Minerals Limited
Kairos Minerals Limited, together with its subsidiaries, operates as a resource exploration company in Australia. The company primarily explores for gold, nickel, rare earth element, and lithium properties. Its flagship project is the 100% owned Mt York Gold Project located in the Pilbara, Western Australia. The company was formerly known as Mining Projects Group Limited and changed its name to K… Read more
Kairos Minerals Limited (KAIFF) - Net Assets
Latest net assets as of June 2024: $36.48 Million USD
Based on the latest financial reports, Kairos Minerals Limited (KAIFF) has net assets worth $36.48 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 ($36.93 Million) and total liabilities ($456.31K). 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 | $36.48 Million |
| % of Total Assets | 98.76% |
| Annual Growth Rate | 27.17% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.54 |
Kairos Minerals Limited - Net Assets Trend (2020–2024)
This chart illustrates how Kairos Minerals 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 Kairos Minerals Limited (2020–2024)
The table below shows the annual net assets of Kairos Minerals Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $36.48 Million | +14.87% |
| 2023-06-30 | $31.75 Million | +9.71% |
| 2022-06-30 | $28.94 Million | +18.44% |
| 2021-06-30 | $24.44 Million | +75.22% |
| 2020-06-30 | $13.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kairos Minerals 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 decreased by 1061264800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $109.00 Million | 298.81% |
| Total Equity | $36.48 Million | 100.00% |
Kairos Minerals Limited Competitors by Market Cap
The table below lists competitors of Kairos Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Knaus Tabbert AG
XETRA:KTA
|
$37.40 Million |
|
Tobii AB
PINK:TBIIF
|
$37.41 Million |
|
Wellspire Holdings Berhad
KLSE:0271
|
$37.43 Million |
|
InspireMD Inc
NASDAQ:NSPR
|
$37.44 Million |
|
IG Petrochemicals Limited
NSE:IGPL
|
$37.39 Million |
|
Loyalty Founder Enterprise Co Ltd
TWO:5465
|
$37.36 Million |
|
Tata Steel (Thailand) Public Company Limited
F:MVX
|
$37.35 Million |
|
Ekinops SA
PA:EKI
|
$37.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kairos Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,755,320 to 36,478,239, a change of 4,722,919 (14.9%).
- Net loss of 1,326,815 reduced equity.
- Share repurchases of 711,978 reduced equity.
- New share issuances of 6,552,280 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.33 Million | -3.64% |
| Share Repurchases | $711.98K | -1.95% |
| Share Issuances | $6.55 Million | +17.96% |
| Other Changes | $209.43K | +0.57% |
| Total Change | $- | 14.87% |
Book Value vs Market Value Analysis
This analysis compares Kairos Minerals 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: 1.26x
- 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 1.73x to 1.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.01 | $0.02 | x |
| 2021-06-30 | $0.01 | $0.02 | x |
| 2022-06-30 | $0.01 | $0.02 | x |
| 2023-06-30 | $0.01 | $0.02 | x |
| 2024-06-30 | $0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kairos Minerals 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): -3.64%
- 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 (-3.64%) is above the historical average (-9.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -9.48% | 0.00% | 0.00x | 1.03x | $-2.72 Million |
| 2021 | -16.12% | 0.00% | 0.00x | 1.08x | $-6.38 Million |
| 2022 | -14.33% | 0.00% | 0.00x | 1.02x | $-7.04 Million |
| 2023 | -4.81% | 0.00% | 0.00x | 1.02x | $-4.70 Million |
| 2024 | -3.64% | 0.00% | 0.00x | 1.01x | $-4.97 Million |
Industry Comparison
This section compares Kairos Minerals Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $411,687,235
- Average return on equity (ROE) among peers: -119.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kairos Minerals Limited (KAIFF) | $36.48 Million | -9.48% | 0.01x | $37.39 Million |
| Almadex Minerals Ltd (AAMMF) | $5.73 Million | 6.70% | 0.01x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $10.03 Million | -13.48% | 0.17x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $19.90 Million | -2.53% | 0.04x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $65.44K | -173.09% | 0.37x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $413.79K | -494.09% | 0.29x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $3.67 Billion | 9.39% | 0.50x | $98.30 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $-555.77K | 0.00% | 0.00x | $0.94 |
| Antioquia Gold Inc (AGDXF) | $-702.21K | 0.00% | 0.00x | $1.44 Million |