Kiplin Metals Inc (KIP) - Net Assets

Latest as of June 2025: CA$1.39 Million CAD

Based on the latest financial reports, Kiplin Metals Inc (KIP) has net assets worth CA$1.39 Million CAD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.40 Million) and total liabilities (CA$4.39K). 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	CA$1.39 Million
% of Total Assets	99.69%
Annual Growth Rate	N/A
5-Year Change	195.57%
10-Year Change	-63.32%
Growth Volatility	373.12

Kiplin Metals Inc - Net Assets Trend (2001–2024)

This chart illustrates how Kiplin Metals Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Kiplin Metals Inc (2001–2024)

The table below shows the annual net assets of Kiplin Metals Inc from 2001 to 2024.

Year	Net Assets	Change
2024-12-31	CA$1.48 Million	-11.57%
2023-12-31	CA$1.68 Million	+1387.64%
2022-12-31	CA$112.84K	+5.01%
2021-12-31	CA$107.45K	-78.60%
2020-12-31	CA$502.21K	-63.28%
2019-12-31	CA$1.37 Million	-10.22%
2018-12-31	CA$1.52 Million	-16.42%
2017-12-31	CA$1.82 Million	-49.19%
2016-12-31	CA$3.59 Million	-11.37%
2015-12-31	CA$4.05 Million	+414.78%
2014-12-31	CA$786.21K	+1330.95%
2013-12-31	CA$-63.87K	+90.98%
2012-12-31	CA$-707.99K	-53.95%
2011-12-31	CA$-459.88K	-154.28%
2010-12-31	CA$-180.85K	-112.96%
2009-12-31	CA$1.40 Million	+173.06%
2008-12-31	CA$511.24K	+31.96%
2007-12-31	CA$387.41K	+46.02%
2006-12-31	CA$265.31K	+561.85%
2005-12-31	CA$-57.44K	+79.66%
2004-12-31	CA$-282.42K	-30.00%
2003-12-31	CA$-217.24K	-40.23%
2002-12-31	CA$-154.91K	+15.92%
2001-12-31	CA$-184.24K	--

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 1598360000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$25.51 Million	1718.76%
Total Equity	CA$1.48 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
POCML 7 Inc. V:POC-P	$2.53 Million
Dios Exploration Inc. V:DOS	$2.53 Million
Great Western Mining Corp Plc IR:8GW	$2.53 Million
Cumulus Media Inc Class A NASDAQ:CMLS	$2.54 Million
ALLIANCE ONE INT F:DM8	$2.52 Million
BuilderSmart Public Company Limited BK:BSM	$2.52 Million
Kootenay Resources Inc. V:KTRI	$2.52 Million
Andrews Sykes Group plc LSE:ASY	$2.52 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 2023 to 2024, total equity changed from 1,678,656 to 1,484,382, a change of -194,274 (-11.6%).
Net loss of 194,274 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-194.27K	-13.09%
Total Change	CA$-	-11.57%

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: 2.35x
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$0.26	x
2002-12-31	CA$-26.63	CA$0.26	x
2003-12-31	CA$-21.14	CA$0.26	x
2004-12-31	CA$-27.48	CA$0.26	x
2005-12-31	CA$-3.17	CA$0.26	x
2006-12-31	CA$8.03	CA$0.26	x
2007-12-31	CA$9.39	CA$0.26	x
2008-12-31	CA$10.19	CA$0.26	x
2009-12-31	CA$24.40	CA$0.26	x
2010-12-31	CA$-2.43	CA$0.26	x
2011-12-31	CA$-6.12	CA$0.26	x
2012-12-31	CA$-9.01	CA$0.26	x
2013-12-31	CA$-0.07	CA$0.26	x
2014-12-31	CA$0.65	CA$0.26	x
2015-12-31	CA$2.02	CA$0.26	x
2016-12-31	CA$1.00	CA$0.26	x
2017-12-31	CA$0.34	CA$0.26	x
2018-12-31	CA$0.25	CA$0.26	x
2019-12-31	CA$0.20	CA$0.26	x
2020-12-31	CA$0.02	CA$0.26	x
2021-12-31	CA$0.00	CA$0.26	x
2022-12-31	CA$0.00	CA$0.26	x
2023-12-31	CA$0.13	CA$0.26	x
2024-12-31	CA$0.11	CA$0.26	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): -13.09%
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: 1.01x
Recent ROE (-13.09%) is above the historical average (-87.31%), 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

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: $37,435,313
Average return on equity (ROE) among peers: -27.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kiplin Metals Inc (KIP)	CA$1.39 Million	0.00%	0.00x	$2.52 Million
Abcourt Mines Inc. (ABI)	$-3.13 Million	0.00%	0.00x	$86.06 Million
Athabasca Minerals Inc (ABM)	$20.44 Million	-35.77%	0.45x	$3.68 Million
American Eagle Gold Corp (AE)	$3.52 Million	-143.42%	0.34x	$148.82 Million
Aero Energy Limited (AERO)	$14.72 Million	-5.86%	0.05x	$9.68 Million
AIS Resources Ltd (AIS)	$1.78 Million	-62.23%	0.56x	$1.76 Million
Algo Grande Copper Corp. (ALGR)	$3.28 Million	-19.80%	0.18x	$9.71 Million
Alkane Resources Limited (ALK)	$309.37 Million	5.71%	0.50x	$985.87 Million
Alliance Mining Corp (ALM)	$-656.72K	0.00%	0.00x	$1.58 Million
Altamira Gold Corp (ALTA)	$21.46 Million	-7.16%	0.01x	$38.60 Million
Argus Metals Corp. (AML)	$3.56 Million	-6.01%	0.17x	$1.59 Million

About Kiplin Metals Inc

V:KIP Canada Gold

Market Cap

$2.52 Million

CA$3.49 Million CAD

Market Cap Rank

#33383 Global

#1577 in Canada

Share Price

CA$0.26

Change (1 day)

+18.18%

52-Week Range

CA$0.21 - CA$0.48

All Time High

CA$31.05