Kingman Minerals Ltd (KGS) - Net Assets
Based on the latest financial reports, Kingman Minerals Ltd (KGS) has net assets worth CA$2.93 Million CAD (≈ $2.12 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.37 Million ≈ $2.44 Million USD) and total liabilities (CA$438.83K ≈ $317.44K 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 Kingman Minerals Ltd (KGS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.93 Million |
| % of Total Assets | 86.96% |
| Annual Growth Rate | 20.13% |
| 5-Year Change | 36.82% |
| 10-Year Change | N/A |
| Growth Volatility | 242.67 |
Kingman Minerals Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Kingman Minerals Ltd's net assets have evolved over time, based on quarterly financial data. See KGS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kingman Minerals Ltd (2016–2025)
The table below shows the annual net assets of Kingman Minerals Ltd from 2016 to 2025. For live valuation and market cap data, see KGS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$1.72 Million ≈ $1.24 Million |
+38.93% |
| 2024-09-30 | CA$1.24 Million ≈ $895.95K |
-13.99% |
| 2023-09-30 | CA$1.44 Million ≈ $1.04 Million |
+23.13% |
| 2022-09-30 | CA$1.17 Million ≈ $845.96K |
-7.01% |
| 2021-09-30 | CA$1.26 Million ≈ $909.72K |
+473.87% |
| 2020-09-30 | CA$219.14K ≈ $158.52K |
+161.55% |
| 2019-09-30 | CA$-356.02K ≈ $-257.54K |
-147.47% |
| 2018-09-30 | CA$749.98K ≈ $542.53K |
+557.25% |
| 2017-09-30 | CA$114.11K ≈ $82.54K |
-65.46% |
| 2016-09-30 | CA$330.38K ≈ $238.99K |
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Equity Component Analysis
This analysis shows how different components contribute to Kingman Minerals Ltd'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 737238000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.75 Million | 624.87% |
| Total Equity | CA$1.72 Million | 100.00% |
Kingman Minerals Ltd Competitors by Market Cap
The table below lists competitors of Kingman Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lyc Healthcare Bhd
KLSE:0075
|
$1.86 Million |
|
Mobeus Income And Growth Vct Plc
LSE:MIX
|
$1.86 Million |
|
Visionstate Corp
V:VIS
|
$1.87 Million |
|
Kulthorn Kirby Public Company Limited
BK:KKC
|
$1.87 Million |
|
EVERYBODY LOVES LANGUAGES
F:VB6
|
$1.85 Million |
|
ALLIANCE ONE INT
F:DM8
|
$1.85 Million |
|
Helios Underwriting PLC
LSE:HUW
|
$1.85 Million |
|
Qlucore AB
ST:QCORE
|
$1.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingman Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,238,558 to 1,720,687, a change of 482,129 (38.9%).
- Net loss of 246,716 reduced equity.
- New share issuances of 429,265 increased equity.
- Other factors increased equity by 299,580.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-246.72K | -14.34% |
| Share Issuances | CA$429.26K | +24.95% |
| Other Changes | CA$299.58K | +17.41% |
| Total Change | CA$- | 38.93% |
Book Value vs Market Value Analysis
This analysis compares Kingman Minerals Ltd'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: 0.74x
- 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 decreased from 1.41x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | CA$0.04 | CA$0.06 | x |
| 2018-09-30 | CA$0.15 | CA$0.06 | x |
| 2019-09-30 | CA$-0.07 | CA$0.06 | x |
| 2020-09-30 | CA$0.01 | CA$0.06 | x |
| 2021-09-30 | CA$0.02 | CA$0.06 | x |
| 2022-09-30 | CA$0.17 | CA$0.06 | x |
| 2023-09-30 | CA$0.16 | CA$0.06 | x |
| 2024-09-30 | CA$0.10 | CA$0.06 | x |
| 2025-09-30 | CA$0.08 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingman Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.35x
- Recent ROE (-14.34%) is above the historical average (-128.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -133.28% | 0.00% | 0.00x | 1.08x | CA$-473.35K |
| 2017 | -338.51% | 0.00% | 0.00x | 2.08x | CA$-397.68K |
| 2018 | -184.26% | 0.00% | 0.00x | 1.33x | CA$-1.46 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.13 Million |
| 2020 | -336.45% | 0.00% | 0.00x | 2.63x | CA$-759.22K |
| 2021 | -174.15% | 0.00% | 0.00x | 1.12x | CA$-2.32 Million |
| 2022 | -63.86% | 0.00% | 0.00x | 1.49x | CA$-863.78K |
| 2023 | -21.74% | 0.00% | 0.00x | 1.28x | CA$-457.05K |
| 2024 | -16.26% | 0.00% | 0.00x | 1.60x | CA$-325.25K |
| 2025 | -14.34% | 0.00% | 0.00x | 1.35x | CA$-418.78K |
Industry Comparison
This section compares Kingman Minerals Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $17,818,312
- Average return on equity (ROE) among peers: 17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingman Minerals Ltd (KGS) | CA$2.93 Million | -133.28% | 0.15x | $1.86 Million |
| AbraSilver Resource Corp. (ABRA) | $-379.36K | 0.00% | 0.00x | $1.83 Billion |
| Archon Minerals Ltd (ACS) | $215.45K | 489.05% | 302.33x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $20.26 Million | -20.49% | 0.12x | $1.73 Million |
| Adyton Resources Corp (ADY) | $20.19 Million | -10.94% | 0.03x | $68.38 Million |
| Adamera Minerals Corp. (ADZ) | $4.83 Million | -11.80% | 0.15x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $77.74 Million | -47.50% | 0.95x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $31.03 Million | -7.00% | 0.13x | $12.69 Million |
| Alpha Exploration Ltd (ALEX) | $14.77 Million | -5.14% | 0.08x | $38.58 Million |
| American Creek Resources Ltd (AMK) | $2.36 Million | -67.11% | 0.29x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $7.16 Million | -141.18% | 0.01x | $4.54 Million |
About Kingman Minerals Ltd
Kingman Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores gold and silver deposits. It has an option agreement to acquire 100% interest in the Mohave project that comprises 71 lode claims located in Mohave County, Arizona, the United States. The company was formerly known as Astorius Resource… Read more