Karnalyte Resources Inc
Karnalyte Resources Inc. explores and develops potash and magnesium products in Canada. It owns 100% interests in Wynyard Potash project comprising subsurface mineral leases KLSA 010, KL 247A, and KL 246 covering an area of 367 square kilometers of mineral rights located in Wynyard, Saskatchewan. The company was incorporated in 2007 and is headquartered in Saskatoon, Canada.
Karnalyte Resources Inc (KRLTF) - Net Assets
Latest net assets as of September 2025: $4.04 Million USD
Based on the latest financial reports, Karnalyte Resources Inc (KRLTF) has net assets worth $4.04 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 ($6.29 Million) and total liabilities ($2.25 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 | $4.04 Million |
| % of Total Assets | 64.18% |
| Annual Growth Rate | 2.44% |
| 5-Year Change | -38.65% |
| 10-Year Change | -83.73% |
| Growth Volatility | 124.65 |
Karnalyte Resources Inc - Net Assets Trend (2008–2024)
This chart illustrates how Karnalyte Resources 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 Karnalyte Resources Inc (2008–2024)
The table below shows the annual net assets of Karnalyte Resources Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.87 Million | -37.68% |
| 2023-12-31 | $7.81 Million | -0.90% |
| 2022-12-31 | $7.88 Million | +36.68% |
| 2021-12-31 | $5.76 Million | -27.33% |
| 2020-12-31 | $7.93 Million | -29.98% |
| 2019-12-31 | $11.33 Million | -20.87% |
| 2018-12-31 | $14.31 Million | -19.39% |
| 2017-12-31 | $17.76 Million | -16.00% |
| 2016-12-31 | $21.14 Million | -29.30% |
| 2015-12-31 | $29.90 Million | -31.63% |
| 2014-12-31 | $43.73 Million | -60.45% |
| 2013-12-31 | $110.58 Million | +53.27% |
| 2012-12-31 | $72.14 Million | -1.56% |
| 2011-12-31 | $73.29 Million | +7.35% |
| 2010-12-31 | $68.27 Million | +334.35% |
| 2009-12-31 | $15.72 Million | +374.94% |
| 2008-12-31 | $3.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Karnalyte Resources 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 decreased by 14088000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $135.96 Million | 2794.70% |
| Other Components | $9.78 Million | 201.09% |
| Total Equity | $4.87 Million | 100.00% |
Karnalyte Resources Inc Competitors by Market Cap
The table below lists competitors of Karnalyte Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arkha Jayanti Persada PT
JK:ARKA
|
$1.90 Million |
|
Good Vibrations Shoes Inc
PINK:GVSI
|
$1.91 Million |
|
Cluster Group Holdings Limited Co.
PINK:CNCTD
|
$1.91 Million |
|
Limas Indonesia Makmur Tbk
JK:LMAS
|
$1.91 Million |
|
Man Sang International Limited
PINK:MSGNF
|
$1.90 Million |
|
Iveda Solutions Inc
NASDAQ:IVDA
|
$1.90 Million |
|
Priti International Limited
NSE:PRITI
|
$1.90 Million |
|
Zoomcar Holdings Inc.
NASDAQ:ZCAR
|
$1.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Karnalyte Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,487,000 to 4,865,000, a change of -1,622,000 (-25.0%).
- Net loss of 1,659,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.66 Million | -34.1% |
| Other Changes | $37.00K | +0.76% |
| Total Change | $- | -25.00% |
Book Value vs Market Value Analysis
This analysis compares Karnalyte Resources 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: 0.75x
- 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 increased from 0.06x to 0.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $1.21 | $0.07 | x |
| 2010-12-31 | $4.37 | $0.07 | x |
| 2011-12-31 | $2.96 | $0.07 | x |
| 2012-12-31 | $2.78 | $0.07 | x |
| 2013-12-31 | $3.50 | $0.07 | x |
| 2014-12-31 | $1.33 | $0.07 | x |
| 2015-12-31 | $0.91 | $0.07 | x |
| 2016-12-31 | $0.64 | $0.07 | x |
| 2017-12-31 | $0.53 | $0.07 | x |
| 2018-12-31 | $0.47 | $0.07 | x |
| 2019-12-31 | $0.25 | $0.07 | x |
| 2020-12-31 | $0.17 | $0.07 | x |
| 2021-12-31 | $0.13 | $0.07 | x |
| 2022-12-31 | $0.17 | $0.07 | x |
| 2023-12-31 | $0.12 | $0.07 | x |
| 2024-12-31 | $0.09 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Karnalyte Resources 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): -34.10%
- 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: 1.41x
- Recent ROE (-34.10%) is below the historical average (-32.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 1.04x | $-330.95K |
| 2009 | -11.55% | 0.00% | 0.00x | 1.04x | $-3.39 Million |
| 2010 | -3.08% | 0.00% | 0.00x | 1.03x | $-8.93 Million |
| 2011 | -7.31% | 0.00% | 0.00x | 1.03x | $-12.68 Million |
| 2012 | -9.99% | 0.00% | 0.00x | 1.06x | $-14.42 Million |
| 2013 | -6.10% | 0.00% | 0.00x | 1.01x | $-17.80 Million |
| 2014 | -154.55% | 0.00% | 0.00x | 1.04x | $-71.95 Million |
| 2015 | -48.62% | 0.00% | 0.00x | 1.07x | $-17.53 Million |
| 2016 | -41.88% | 0.00% | 0.00x | 1.09x | $-10.97 Million |
| 2017 | -19.12% | 0.00% | 0.00x | 1.05x | $-5.17 Million |
| 2018 | -42.05% | 0.00% | 0.00x | 1.18x | $-7.45 Million |
| 2019 | -29.50% | 0.00% | 0.00x | 1.23x | $-4.47 Million |
| 2020 | -44.67% | 0.00% | 0.00x | 1.42x | $-4.33 Million |
| 2021 | -43.10% | 0.00% | 0.00x | 1.46x | $-3.06 Million |
| 2022 | -34.24% | 0.00% | 0.00x | 1.25x | $-3.48 Million |
| 2023 | -21.92% | 0.00% | 0.00x | 1.29x | $-2.07 Million |
| 2024 | -34.10% | 0.00% | 0.00x | 1.41x | $-2.15 Million |
Industry Comparison
This section compares Karnalyte Resources Inc's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,234,454,915
- Average return on equity (ROE) among peers: -88.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karnalyte Resources Inc (KRLTF) | $4.04 Million | 0.00% | 0.56x | $1.90 Million |
| Argo Living Soils Corp (ARLSF) | $117.11K | -241.15% | 0.57x | $4.77 Million |
| American Vanguard Corporation (AVD) | $282.36 Million | 4.53% | 0.52x | $93.02 Million |
| Bee Vectoring Technologies International Inc (BEVVF) | $1.82 Million | -170.52% | 0.16x | $47.51K |
| Benson Hill, Inc. Common Stock (BHIL) | $86.04 Million | -134.02% | 2.19x | $178.85K |
| BHILW (BHILW) | $86.04 Million | -134.02% | 2.19x | $286.16K |
| Bioceres Crop Solutions Corp (BIOX) | $351.38 Million | 0.92% | 1.43x | $16.37 Million |
| CO2 Gro Inc (BLONF) | $577.93K | -224.34% | 1.65x | $154.65K |
| China BlueChemical Ltd (CBLUF) | $7.05 Billion | 23.77% | 0.29x | $484.41 Million |
| CF Industries Holdings Inc (CF) | $4.39 Billion | 15.96% | 1.90x | $15.33 Billion |
| China Green Agriculture Inc (CGA) | $100.10 Million | -28.38% | 0.63x | $14.93 Million |