Kingsrose Mining Limited
Kingsrose Mining Limited, together with its subsidiaries, operates as a mineral exploration company in Norway and Finland. It explores for platinum group elements, nickel, copper, gold, cobalt, and palladium deposits. Kingsrose Mining Limited was incorporated in 2005 and is based in Nedlands, Australia.
Kingsrose Mining Limited (KRMMF) - Net Assets
Latest net assets as of December 2024: $28.35 Million USD
Based on the latest financial reports, Kingsrose Mining Limited (KRMMF) has net assets worth $28.35 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($33.39 Million) and total liabilities ($5.05 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 | $28.35 Million |
| % of Total Assets | 84.88% |
| Annual Growth Rate | 11.01% |
| 5-Year Change | -33.72% |
| 10-Year Change | 42263.33% |
| Growth Volatility | 35391.79 |
Kingsrose Mining Limited - Net Assets Trend (2007–2024)
This chart illustrates how Kingsrose Mining 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 Kingsrose Mining Limited (2007–2024)
The table below shows the annual net assets of Kingsrose Mining Limited from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $36.52 Million | -8.57% |
| 2023-06-30 | $39.94 Million | -4.62% |
| 2022-06-30 | $41.88 Million | -16.49% |
| 2021-06-30 | $50.14 Million | -8.99% |
| 2020-06-30 | $55.10 Million | +150444.99% |
| 2019-06-30 | $36.60K | -29.77% |
| 2018-06-30 | $52.11K | +53.40% |
| 2017-06-30 | $33.97K | -60.41% |
| 2016-06-30 | $85.81K | -0.46% |
| 2015-06-30 | $86.20K | -99.88% |
| 2014-06-30 | $70.71 Million | +1.57% |
| 2013-06-30 | $69.61 Million | +4.71% |
| 2012-06-30 | $66.48 Million | +32.22% |
| 2011-06-30 | $50.28 Million | +48.31% |
| 2010-06-30 | $33.90 Million | +34.55% |
| 2009-06-30 | $25.20 Million | +594.45% |
| 2008-06-30 | $3.63 Million | -41.36% |
| 2007-06-30 | $6.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kingsrose Mining 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 8192356400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $107.33 Million | 290.18% |
| Other Comprehensive Income | $12.32 Million | 33.31% |
| Total Equity | $36.99 Million | 100.00% |
Kingsrose Mining Limited Competitors by Market Cap
The table below lists competitors of Kingsrose Mining Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MGI Digital
PA:ALMDG
|
$28.89 Million |
|
Carbon Transition ASA
LSE:0RU7
|
$28.89 Million |
|
HAMMONIA Schiffsholding AG
HM:HHX
|
$28.90 Million |
|
EcoFirst Consolidated Bhd
KLSE:3557
|
$28.92 Million |
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
$28.88 Million |
|
Chungdamglobal Co. Ltd.
KQ:362320
|
$28.87 Million |
|
Adveritas Ltd
AU:AV1
|
$28.87 Million |
|
MEITAV INVESTMENTS HOUSE R1 RIGHTS
TA:MTAV
|
$28.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingsrose Mining Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,942,135 to 36,985,815, a change of -2,956,320 (-7.4%).
- Net loss of 2,945,689 reduced equity.
- Other comprehensive income decreased equity by 10,631.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.95 Million | -7.96% |
| Other Comprehensive Income | $-10.63K | -0.03% |
| Total Change | $- | -7.40% |
Book Value vs Market Value Analysis
This analysis compares Kingsrose Mining 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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.75x to 1.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | $0.08 | $0.06 | x |
| 2008-06-30 | $0.06 | $0.06 | x |
| 2009-06-30 | $0.24 | $0.06 | x |
| 2010-06-30 | $0.17 | $0.06 | x |
| 2011-06-30 | $0.18 | $0.06 | x |
| 2012-06-30 | $0.23 | $0.06 | x |
| 2013-06-30 | $0.23 | $0.06 | x |
| 2014-06-30 | $0.21 | $0.06 | x |
| 2015-06-30 | $0.00 | $0.06 | x |
| 2016-06-30 | $0.00 | $0.06 | x |
| 2017-06-30 | $0.00 | $0.06 | x |
| 2018-06-30 | $0.00 | $0.06 | x |
| 2019-06-30 | $0.00 | $0.06 | x |
| 2020-06-30 | $0.07 | $0.06 | x |
| 2021-06-30 | $0.07 | $0.06 | x |
| 2022-06-30 | $0.05 | $0.06 | x |
| 2023-06-30 | $0.05 | $0.06 | x |
| 2024-06-30 | $0.05 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingsrose Mining 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): -7.96%
- 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: 1.10x
- Recent ROE (-7.96%) is above the historical average (-28.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -313.16% | -882.82% | 0.26x | 1.36x | $-11.73 Million |
| 2009 | -22.07% | -133.36% | 0.12x | 1.33x | $-8.08 Million |
| 2010 | -2.77% | 0.00% | 0.00x | 1.34x | $-4.39 Million |
| 2011 | 24.94% | 27.07% | 0.66x | 1.39x | $7.34 Million |
| 2012 | 28.07% | 24.46% | 0.76x | 1.50x | $11.30 Million |
| 2013 | 2.29% | 7.37% | 0.24x | 1.32x | $-5.14 Million |
| 2014 | -29.56% | -539.75% | 0.04x | 1.24x | $-27.56 Million |
| 2015 | 11.05% | 26.84% | 0.31x | 1.31x | $844.61 |
| 2016 | -1.95% | -4.96% | 0.30x | 1.29x | $-9.62K |
| 2017 | -140.10% | -245.95% | 0.38x | 1.48x | $-56.17K |
| 2018 | 14.80% | 16.92% | 0.74x | 1.19x | $2.42K |
| 2019 | -40.10% | -43.71% | 0.65x | 1.42x | $-17.48K |
| 2020 | 36.23% | 27.35% | 1.18x | 1.12x | $13.99 Million |
| 2021 | -13.67% | -35.98% | 0.35x | 1.09x | $-11.45 Million |
| 2022 | -26.68% | 0.00% | 0.00x | 1.13x | $-14.73 Million |
| 2023 | -3.37% | 0.00% | 0.00x | 1.04x | $-5.34 Million |
| 2024 | -7.96% | 0.00% | 0.00x | 1.10x | $-6.64 Million |
Industry Comparison
This section compares Kingsrose Mining Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,891,869
- Average return on equity (ROE) among peers: -95.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingsrose Mining Limited (KRMMF) | $28.35 Million | -313.16% | 0.18x | $28.88 Million |
| Asia Broadband Inc (AABB) | $204.90K | -396.88% | 2.89x | $231.65 |
| Altair Resources Inc (AAEEF) | $-288.26K | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $-71.30K | 0.00% | 0.00x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $31.17 Million | -4.21% | 0.19x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $3.76 Million | -50.20% | 0.18x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-742.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $5.68 Million | -407.57% | 1.10x | $14.34 Million |