Karnalyte Resources Inc. (KRN) - Net Assets
Based on the latest financial reports, Karnalyte Resources Inc. (KRN) has net assets worth CA$4.04 Million CAD (≈ $2.92 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 (CA$6.29 Million ≈ $4.55 Million USD) and total liabilities (CA$2.25 Million ≈ $1.63 Million USD). 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. Check asset resilience ratio of Karnalyte Resources Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.04 Million |
| % of Total Assets | 64.18% |
| Annual Growth Rate | -7.52% |
| 5-Year Change | -38.65% |
| 10-Year Change | -83.73% |
| Growth Volatility | 90.79 |
Karnalyte Resources Inc. - Net Assets Trend (2009–2024)
This chart illustrates how Karnalyte Resources Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Karnalyte Resources Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Karnalyte Resources Inc. (2009–2024)
The table below shows the annual net assets of Karnalyte Resources Inc. from 2009 to 2024. For live valuation and market cap data, see Karnalyte Resources Inc. (KRN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.87 Million ≈ $3.52 Million |
-25.00% |
| 2023-12-31 | CA$6.49 Million ≈ $4.69 Million |
-17.65% |
| 2022-12-31 | CA$7.88 Million ≈ $5.70 Million |
+36.68% |
| 2021-12-31 | CA$5.76 Million ≈ $4.17 Million |
-27.33% |
| 2020-12-31 | CA$7.93 Million ≈ $5.74 Million |
-29.98% |
| 2019-12-31 | CA$11.33 Million ≈ $8.19 Million |
-20.87% |
| 2018-12-31 | CA$14.31 Million ≈ $10.35 Million |
-19.39% |
| 2017-12-31 | CA$17.76 Million ≈ $12.84 Million |
-16.00% |
| 2016-12-31 | CA$21.14 Million ≈ $15.29 Million |
-29.30% |
| 2015-12-31 | CA$29.90 Million ≈ $21.63 Million |
-31.63% |
| 2014-12-31 | CA$43.73 Million ≈ $31.63 Million |
-60.45% |
| 2013-12-31 | CA$110.58 Million ≈ $79.99 Million |
+53.27% |
| 2012-12-31 | CA$72.14 Million ≈ $52.19 Million |
-1.56% |
| 2011-12-31 | CA$73.29 Million ≈ $53.02 Million |
+7.35% |
| 2010-12-31 | CA$68.27 Million ≈ $49.39 Million |
+334.35% |
| 2009-12-31 | CA$15.72 Million ≈ $11.37 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 13797262500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$135.96 Million | 2794.70% |
| Other Components | CA$9.78 Million | 201.09% |
| Total Equity | CA$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 |
|---|---|
|
Viet Phat Import Export Trading Investment JSC
VN:VPG
|
$11.72 Million |
|
InnoTherapy Inc
KQ:246960
|
$11.74 Million |
|
Kc Green Holdi
KO:009440
|
$11.75 Million |
|
hGears AG
XETRA:HGEA
|
$11.75 Million |
|
Bima Sakti Pertiwi Tbk PT
JK:PAMG
|
$11.72 Million |
|
NOWVERTICAL GROUP INC.
F:5XQ
|
$11.72 Million |
|
Jackpot Digital Inc
V:JJ
|
$11.71 Million |
|
Ni Hsin Resources Bhd
KLSE:7215
|
$11.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Karnalyte Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,487,000 to 4,865,000, a change of -1,622,000 (-25.0%).
- Net loss of 1,659,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.66 Million | -34.1% |
| Other Changes | CA$37.00K | +0.76% |
| Total Change | CA$- | -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: 4.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.32x to 4.22x 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 | CA$1.21 | CA$0.39 | x |
| 2010-12-31 | CA$4.37 | CA$0.39 | x |
| 2011-12-31 | CA$2.96 | CA$0.39 | x |
| 2012-12-31 | CA$2.78 | CA$0.39 | x |
| 2013-12-31 | CA$3.50 | CA$0.39 | x |
| 2014-12-31 | CA$1.33 | CA$0.39 | x |
| 2015-12-31 | CA$0.91 | CA$0.39 | x |
| 2016-12-31 | CA$0.64 | CA$0.39 | x |
| 2017-12-31 | CA$0.53 | CA$0.39 | x |
| 2018-12-31 | CA$0.47 | CA$0.39 | x |
| 2019-12-31 | CA$0.25 | CA$0.39 | x |
| 2020-12-31 | CA$0.17 | CA$0.39 | x |
| 2021-12-31 | CA$0.13 | CA$0.39 | x |
| 2022-12-31 | CA$0.17 | CA$0.39 | x |
| 2023-12-31 | CA$0.12 | CA$0.39 | x |
| 2024-12-31 | CA$0.09 | CA$0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Karnalyte Resources Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.41x
- Recent ROE (-34.10%) is above the historical average (-34.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -11.55% | 0.00% | 0.00x | 1.04x | CA$-3.39 Million |
| 2010 | -3.08% | 0.00% | 0.00x | 1.03x | CA$-8.93 Million |
| 2011 | -7.31% | 0.00% | 0.00x | 1.03x | CA$-12.68 Million |
| 2012 | -9.99% | 0.00% | 0.00x | 1.06x | CA$-14.42 Million |
| 2013 | -6.10% | 0.00% | 0.00x | 1.01x | CA$-17.80 Million |
| 2014 | -154.55% | 0.00% | 0.00x | 1.04x | CA$-71.95 Million |
| 2015 | -48.62% | 0.00% | 0.00x | 1.07x | CA$-17.53 Million |
| 2016 | -41.88% | 0.00% | 0.00x | 1.09x | CA$-10.97 Million |
| 2017 | -19.12% | 0.00% | 0.00x | 1.05x | CA$-5.17 Million |
| 2018 | -42.05% | 0.00% | 0.00x | 1.18x | CA$-7.45 Million |
| 2019 | -29.50% | 0.00% | 0.00x | 1.23x | CA$-4.47 Million |
| 2020 | -44.67% | 0.00% | 0.00x | 1.42x | CA$-4.33 Million |
| 2021 | -43.10% | 0.00% | 0.00x | 1.46x | CA$-3.06 Million |
| 2022 | -34.24% | 0.00% | 0.00x | 1.25x | CA$-3.48 Million |
| 2023 | -21.92% | 0.00% | 0.00x | 1.29x | CA$-2.07 Million |
| 2024 | -34.10% | 0.00% | 0.00x | 1.41x | CA$-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: $257,129,134
- Average return on equity (ROE) among peers: -23.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karnalyte Resources Inc. (KRN) | CA$4.04 Million | -11.55% | 0.56x | $11.72 Million |
| CO2 Gro Inc (GROW) | $-747.72K | 0.00% | 0.00x | $1.41 Million |
| Itafos Corp (IFOS) | $1.46 Million | -75.11% | 3.87x | $449.58 Million |
| Verde Agritech PLC (NPK) | $16.81 Million | -28.23% | 0.05x | $38.86 Million |
| Nutrien Ltd (NTR) | $1.01 Billion | 8.79% | 0.11x | $35.75 Billion |
About 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.