Kiplin Metals Inc (KIP) - Net Assets
Based on the latest financial reports, Kiplin Metals Inc (KIP) has net assets worth CA$1.51 Million CAD (≈ $1.09 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.53 Million ≈ $1.11 Million USD) and total liabilities (CA$24.99K ≈ $18.07K 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. Also explore KIP total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.51 Million |
| % of Total Assets | 98.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1385.05% |
| 10-Year Change | -55.51% |
| Growth Volatility | 361.6 |
Kiplin Metals Inc - Net Assets Trend (2001–2025)
This chart illustrates how Kiplin Metals Inc's net assets have evolved over time, based on quarterly financial data. Check how tangible is Kiplin Metals Inc's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Kiplin Metals Inc (2001–2025)
The table below shows the annual net assets of Kiplin Metals Inc from 2001 to 2025. For live valuation and market cap data, see Kiplin Metals Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.60 Million ≈ $1.15 Million |
+7.50% |
| 2024-12-31 | CA$1.48 Million ≈ $1.07 Million |
-11.57% |
| 2023-12-31 | CA$1.68 Million ≈ $1.21 Million |
+1387.64% |
| 2022-12-31 | CA$112.84K ≈ $81.63K |
+5.01% |
| 2021-12-31 | CA$107.45K ≈ $77.73K |
-78.60% |
| 2020-12-31 | CA$502.21K ≈ $363.29K |
-63.28% |
| 2019-12-31 | CA$1.37 Million ≈ $989.43K |
-10.22% |
| 2018-12-31 | CA$1.52 Million ≈ $1.10 Million |
-16.42% |
| 2017-12-31 | CA$1.82 Million ≈ $1.32 Million |
-49.19% |
| 2016-12-31 | CA$3.59 Million ≈ $2.59 Million |
-11.37% |
| 2015-12-31 | CA$4.05 Million ≈ $2.93 Million |
+414.78% |
| 2014-12-31 | CA$786.21K ≈ $568.73K |
+1330.95% |
| 2013-12-31 | CA$-63.87K ≈ $-46.20K |
+90.98% |
| 2012-12-31 | CA$-707.99K ≈ $-512.15K |
-53.95% |
| 2011-12-31 | CA$-459.88K ≈ $-332.67K |
-154.28% |
| 2010-12-31 | CA$-180.85K ≈ $-130.83K |
-112.96% |
| 2009-12-31 | CA$1.40 Million ≈ $1.01 Million |
+173.06% |
| 2008-12-31 | CA$511.24K ≈ $369.82K |
+31.96% |
| 2007-12-31 | CA$387.41K ≈ $280.25K |
+46.02% |
| 2006-12-31 | CA$265.31K ≈ $191.92K |
+561.85% |
| 2005-12-31 | CA$-57.44K ≈ $-41.55K |
+79.66% |
| 2004-12-31 | CA$-282.42K ≈ $-204.30K |
-30.00% |
| 2003-12-31 | CA$-217.24K ≈ $-157.15K |
-40.23% |
| 2002-12-31 | CA$-154.91K ≈ $-112.06K |
+15.92% |
| 2001-12-31 | CA$-184.24K ≈ $-133.27K |
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Equity Component Analysis
This analysis shows how different components contribute to Kiplin Metals 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 1618676700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$25.83 Million | 1618.51% |
| Total Equity | CA$1.60 Million | 100.00% |
Kiplin Metals Inc Competitors by Market Cap
The table below lists competitors of Kiplin Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hall of Fame Resort Entertainment Co
NASDAQ:HOFV
|
$2.35 Million |
|
Netcall plc
LSE:NET
|
$2.35 Million |
|
M&G Credit Income Investment Trust PLC
LSE:MGCI
|
$2.35 Million |
|
Cathedra Bitcoin Inc
V:CBIT
|
$2.35 Million |
|
LETUS CAPITAL ZY 1
F:7I4
|
$2.34 Million |
|
L Agence Automobiliere SA
PA:MLAA
|
$2.34 Million |
|
Dongwon Systems Corp
KO:014825
|
$2.34 Million |
|
Kontrol Energy Corp
NEO:KNR
|
$2.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kiplin Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,484,382 to 1,595,760, a change of 111,378 (7.5%).
- Net loss of 203,167 reduced equity.
- New share issuances of 325,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-203.17K | -12.73% |
| Share Issuances | CA$325.00K | +20.37% |
| Other Changes | CA$-10.46K | -0.66% |
| Total Change | CA$- | 7.50% |
Book Value vs Market Value Analysis
This analysis compares Kiplin Metals Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CA$-38.27 | CA$0.22 | x |
| 2002-12-31 | CA$-26.63 | CA$0.22 | x |
| 2003-12-31 | CA$-21.14 | CA$0.22 | x |
| 2004-12-31 | CA$-27.48 | CA$0.22 | x |
| 2005-12-31 | CA$-3.17 | CA$0.22 | x |
| 2006-12-31 | CA$8.03 | CA$0.22 | x |
| 2007-12-31 | CA$9.39 | CA$0.22 | x |
| 2008-12-31 | CA$10.19 | CA$0.22 | x |
| 2009-12-31 | CA$24.40 | CA$0.22 | x |
| 2010-12-31 | CA$-2.43 | CA$0.22 | x |
| 2011-12-31 | CA$-6.12 | CA$0.22 | x |
| 2012-12-31 | CA$-9.01 | CA$0.22 | x |
| 2013-12-31 | CA$-0.07 | CA$0.22 | x |
| 2014-12-31 | CA$0.65 | CA$0.22 | x |
| 2015-12-31 | CA$2.02 | CA$0.22 | x |
| 2016-12-31 | CA$1.00 | CA$0.22 | x |
| 2017-12-31 | CA$0.34 | CA$0.22 | x |
| 2018-12-31 | CA$0.25 | CA$0.22 | x |
| 2019-12-31 | CA$0.20 | CA$0.22 | x |
| 2020-12-31 | CA$0.02 | CA$0.22 | x |
| 2021-12-31 | CA$0.00 | CA$0.22 | x |
| 2022-12-31 | CA$0.00 | CA$0.22 | x |
| 2023-12-31 | CA$0.13 | CA$0.22 | x |
| 2024-12-31 | CA$0.11 | CA$0.22 | x |
| 2025-12-31 | CA$0.11 | CA$0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kiplin Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-12.73%) is above the historical average (-84.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-443.03K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-132.18K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-40.60K |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-36.94K |
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-65.66K |
| 2006 | -59.06% | 0.00% | 0.00x | 1.27x | CA$-183.22K |
| 2007 | -468.34% | 0.00% | 0.00x | 1.19x | CA$-1.85 Million |
| 2008 | -15.00% | 0.00% | 0.00x | 1.19x | CA$-127.79K |
| 2009 | -57.75% | 0.00% | 0.00x | 1.06x | CA$-945.78K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.37 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-241.82K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-227.32K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-138.90K |
| 2014 | -45.78% | 0.00% | 0.00x | 2.01x | CA$-438.57K |
| 2015 | -24.69% | 0.00% | 0.00x | 1.09x | CA$-1.40 Million |
| 2016 | -66.60% | 0.00% | 0.00x | 1.02x | CA$-2.75 Million |
| 2017 | -144.81% | 0.00% | 0.00x | 1.04x | CA$-2.82 Million |
| 2018 | -19.64% | 0.00% | 0.00x | 1.17x | CA$-451.59K |
| 2019 | -18.29% | 0.00% | 0.00x | 1.29x | CA$-387.01K |
| 2020 | -359.84% | 0.00% | 0.00x | 1.22x | CA$-1.86 Million |
| 2021 | -370.93% | 0.00% | 0.00x | 2.60x | CA$-409.33K |
| 2022 | -387.12% | 0.00% | 0.00x | 1.12x | CA$-448.11K |
| 2023 | -44.62% | 0.00% | 0.00x | 1.06x | CA$-916.83K |
| 2024 | -13.09% | 0.00% | 0.00x | 1.01x | CA$-342.71K |
| 2025 | -12.73% | 0.00% | 0.00x | 1.02x | CA$-362.74K |
Industry Comparison
This section compares Kiplin Metals Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,934,882,323
- Average return on equity (ROE) among peers: -13.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kiplin Metals Inc (KIP) | CA$1.51 Million | 0.00% | 0.02x | $2.34 Million |
| Allied Gold Corporation (AAUC) | $416.30 Million | -27.78% | 2.17x | $2.63 Billion |
| Abcourt Mines Inc. (ABI) | $20.93 Million | -1.59% | 0.08x | $60.24 Million |
| Barrick Gold Corp (ABX) | $25.55 Billion | 17.55% | 0.91x | $59.29 Billion |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $131.31 Million |
| Agnico Eagle Mines Limited (AEM) | $2.75 Billion | 3.14% | 0.54x | $69.42 Billion |
| Alamos Gold Inc (AGI) | $533.55 Million | 11.26% | 0.12x | $12.02 Billion |
| AIS Resources Ltd (AIS) | $768.44K | 12.02% | 0.10x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-3.10 Million | 0.00% | 0.00x | $1.96 Million |
| Altamira Gold Corp (ALTA) | $-270.00K | 0.00% | 0.00x | $32.19 Million |
| Almaden Minerals Ltd (AMM) | $71.37 Million | -4.92% | 0.04x | $24.82 Million |
About Kiplin Metals Inc
Kiplin Metals Inc., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in Canada. It primarily explores uranium deposits. The company holds a 100% interest in the Lloyd Lake uranium project covering an area of approximately 6168 hectares located in Saskatchewan, Canada; and the Keefe Lake Uranium Project, an exploration project that cove… Read more