LKA Gold Incorporated
LKA Gold Incorporated, an exploration stage company, explores for and develops mineral properties in the United States. The company engages in an exploration program at the Golden Wonder mine located near Lake City, Colorado. It owns real and personal property interests, including patented and unpatented mining claims, water rights, buildings, fixtures, improvements, equipment, and permits situat… Read more
LKA Gold Incorporated (LKAI) - Net Assets
Latest net assets as of December 2019: $-240.87K USD
Based on the latest financial reports, LKA Gold Incorporated (LKAI) has net assets worth $-240.87K USD as of December 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($596.94K) and total liabilities ($837.81K). 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 | $-240.87K |
| % of Total Assets | -40.35% |
| Annual Growth Rate | N/A |
| 5-Year Change | -101.39% |
| 10-Year Change | N/A |
| Growth Volatility | 586.76 |
LKA Gold Incorporated - Net Assets Trend (2003–2018)
This chart illustrates how LKA Gold Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LKA Gold Incorporated (2003–2018)
The table below shows the annual net assets of LKA Gold Incorporated from 2003 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $-14.26K | +96.17% |
| 2017-12-31 | $-371.82K | +38.19% |
| 2016-12-31 | $-601.55K | -495.82% |
| 2015-12-31 | $151.98K | -85.18% |
| 2014-12-31 | $1.03 Million | +1804.11% |
| 2013-12-31 | $53.86K | -84.50% |
| 2012-12-31 | $347.47K | +130.35% |
| 2011-12-31 | $-1.14 Million | -66.09% |
| 2010-12-31 | $-689.25K | -758.85% |
| 2009-12-31 | $-80.25K | -112.57% |
| 2008-12-31 | $638.62K | -39.30% |
| 2007-12-31 | $1.05 Million | -50.64% |
| 2006-12-31 | $2.13 Million | +0.91% |
| 2005-12-31 | $2.11 Million | +232.08% |
| 2004-12-31 | $636.00K | +29.62% |
| 2003-12-31 | $490.68K | -- |
Equity Component Analysis
This analysis shows how different components contribute to LKA Gold Incorporated'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 1500192900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.74K | % |
| Other Components | $19.87 Million | % |
| Total Equity | $-14.26K | 100.00% |
LKA Gold Incorporated Competitors by Market Cap
The table below lists competitors of LKA Gold Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Internet Thailand PCL
STU:IE2A
|
$770.52 |
|
TRUST BANK LIMITED (THE GAMBIA)
GSE:TBL
|
$772.52 |
|
SUN CENTURY GRP
BE:ZYZN
|
$773.08 |
|
Contact Financial Holding
EGX:CNFN
|
$773.41 |
|
Song Da Manpower Supply&Trading JSC
VN:SDA
|
$769.99 |
|
TPL Insurance Ltd
KAR:TPLI
|
$769.72 |
|
LIBERTY KENYA HOLDINGS LTD
XNAI:CFCI
|
$768.65 |
|
Eneraqua Technologies PLC
LSE:ETP
|
$768.01 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LKA Gold Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -371,823 to -14,257, a change of 357,566.
- Net loss of 1,589,733 reduced equity.
- New share issuances of 500,000 increased equity.
- Other factors increased equity by 1,447,299.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.59 Million | -11150.54% |
| Share Issuances | $500.00K | +3507.05% |
| Other Changes | $1.45 Million | +10151.5% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares LKA Gold Incorporated'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 |
|---|---|---|---|
| 2003-12-31 | $0.16 | $0.00 | x |
| 2006-12-31 | $0.29 | $0.00 | x |
| 2007-12-31 | $0.16 | $0.00 | x |
| 2008-12-31 | $0.10 | $0.00 | x |
| 2009-12-31 | $-0.01 | $0.00 | x |
| 2010-12-31 | $-0.09 | $0.00 | x |
| 2011-12-31 | $-0.15 | $0.00 | x |
| 2012-12-31 | $0.04 | $0.00 | x |
| 2013-12-31 | $0.00 | $0.00 | x |
| 2014-12-31 | $0.07 | $0.00 | x |
| 2015-12-31 | $0.01 | $0.00 | x |
| 2016-12-31 | $-0.03 | $0.00 | x |
| 2017-12-31 | $-0.02 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LKA Gold Incorporated 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-461.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 86.30% | 144.40% | 0.20x | 3.01x | $374.40K |
| 2004 | 3.93% | 9.40% | 0.15x | 2.82x | $-38.60K |
| 2005 | 14.77% | 35.14% | 0.35x | 1.20x | $100.80K |
| 2006 | 2.63% | 6.81% | 0.34x | 1.15x | $-157.15K |
| 2007 | -150.06% | 0.00% | 0.00x | 1.73x | $-1.68 Million |
| 2008 | -64.73% | -55.32% | 0.74x | 1.58x | $-477.26K |
| 2009 | 0.00% | -568.00% | 0.23x | 0.00x | $-1.34 Million |
| 2010 | 0.00% | -189.29% | 0.62x | 0.00x | $-932.11K |
| 2011 | 0.00% | -184.60% | 1.00x | 0.00x | $-1.46 Million |
| 2012 | -780.05% | -157.01% | 1.89x | 2.63x | $-2.75 Million |
| 2013 | -5872.39% | -384.79% | 1.13x | 13.52x | $-3.17 Million |
| 2014 | -55.35% | -62.62% | 0.60x | 1.47x | $-670.14K |
| 2015 | -574.80% | -512.20% | 0.22x | 5.18x | $-888.76K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-693.37K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $209.76K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.59 Million |
Industry Comparison
This section compares LKA Gold Incorporated'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 |
|---|---|---|---|---|
| LKA Gold Incorporated (LKAI) | $-240.87K | 86.30% | N/A | $770.30 |
| 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 |