Kirkland Lake Discoveries Corp. (KLDC) - Net Assets
Based on the latest financial reports, Kirkland Lake Discoveries Corp. (KLDC) has net assets worth CA$20.52 Million CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$22.17 Million) and total liabilities (CA$1.65 Million). 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$20.52 Million |
| % of Total Assets | 92.56% |
| Annual Growth Rate | 21.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 74.83 |
Kirkland Lake Discoveries Corp. - Net Assets Trend (2021–2025)
This chart illustrates how Kirkland Lake Discoveries Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kirkland Lake Discoveries Corp. (2021–2025)
The table below shows the annual net assets of Kirkland Lake Discoveries Corp. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$11.41 Million | -12.69% |
| 2024-03-31 | CA$13.07 Million | +165.57% |
| 2023-03-31 | CA$4.92 Million | -10.81% |
| 2022-03-31 | CA$5.52 Million | +3.65% |
| 2021-03-31 | CA$5.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kirkland Lake Discoveries Corp.'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 909486200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$67.22 Million | 589.32% |
| Total Equity | CA$11.41 Million | 100.00% |
Kirkland Lake Discoveries Corp. Competitors by Market Cap
The table below lists competitors of Kirkland Lake Discoveries Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asahi Songwon Colors Limited
NSE:ASAHISONG
|
$29.42 Million |
|
Hansol Homedec
KO:025750
|
$29.43 Million |
|
Genius Group Ltd
NYSE MKT:GNS
|
$29.43 Million |
|
Yong Shun Chemical Co Ltd
TWO:4711
|
$29.43 Million |
|
Polygiene AB
ST:POLYG
|
$29.40 Million |
|
Art Emperor Technology And Culture Co., Ltd.
TWO:6650
|
$29.39 Million |
|
Chemlite Innovation Berhad
KLSE:0348
|
$29.37 Million |
|
Focus Graphite Inc
V:FMS
|
$29.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kirkland Lake Discoveries Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,065,044 to 11,406,947, a change of -1,658,097 (-12.7%).
- Net loss of 2,786,044 reduced equity.
- New share issuances of 1,341,200 increased equity.
- Other factors decreased equity by 213,253.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.79 Million | -24.42% |
| Share Issuances | CA$1.34 Million | +11.76% |
| Other Changes | CA$-213.25K | -1.87% |
| Total Change | CA$- | -12.69% |
Book Value vs Market Value Analysis
This analysis compares Kirkland Lake Discoveries Corp.'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: 3.53x
- 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 1.57x to 3.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | CA$0.23 | CA$0.37 | x |
| 2022-03-31 | CA$0.20 | CA$0.37 | x |
| 2023-03-31 | CA$0.17 | CA$0.37 | x |
| 2024-03-31 | CA$0.15 | CA$0.37 | x |
| 2025-03-31 | CA$0.10 | CA$0.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kirkland Lake Discoveries Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -24.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-24.42%) is above the historical average (-25.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -27.16% | 0.00% | 0.00x | 1.07x | CA$-1.98 Million |
| 2022 | -26.63% | 0.00% | 0.00x | 1.07x | CA$-2.02 Million |
| 2023 | -21.23% | 0.00% | 0.00x | 1.10x | CA$-1.54 Million |
| 2024 | -29.05% | 0.00% | 0.00x | 1.03x | CA$-5.10 Million |
| 2025 | -24.42% | 0.00% | 0.00x | 1.03x | CA$-3.93 Million |
Industry Comparison
This section compares Kirkland Lake Discoveries Corp.'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 |
|---|---|---|---|---|
| Kirkland Lake Discoveries Corp. (KLDC) | CA$20.52 Million | -27.16% | 0.08x | $29.40 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 Kirkland Lake Discoveries Corp.
Kirkland Lake Discoveries Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in Canada. It explores for gold, silver, copper, zinc, and diamonds deposits. The company was formerly known as Warrior Gold Inc. and changed its name to Kirkland Lake Discoveries Corp. in May 2023. Kirkland Lake Discoveries Corp. was incorporated in 1984 and is headquartered in … Read more