K2 Gold Corporation (KTO) - Net Assets

Latest as of September 2025: CA$30.95 Million CAD ≈ $22.39 Million USD

Based on the latest financial reports, K2 Gold Corporation (KTO) has net assets worth CA$30.95 Million CAD (≈ $22.39 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$31.78 Million ≈ $22.99 Million USD) and total liabilities (CA$831.95K ≈ $601.82K 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 tangible equity quality of K2 Gold Corporation to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$30.95 Million
% of Total Assets	97.38%
Annual Growth Rate	19.43%
5-Year Change	21.59%
10-Year Change	N/A
Growth Volatility	81.56

K2 Gold Corporation - Net Assets Trend (2011–2024)

This chart illustrates how K2 Gold Corporation's net assets have evolved over time, based on quarterly financial data. See KTO defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for K2 Gold Corporation (2011–2024)

The table below shows the annual net assets of K2 Gold Corporation from 2011 to 2024. For live valuation and market cap data, see K2 Gold Corporation (KTO) total market value.

Year	Net Assets	Change
2024-12-31	CA$18.32 Million ≈ $13.25 Million	+11.23%
2023-12-31	CA$16.47 Million ≈ $11.91 Million	+28.56%
2022-12-31	CA$12.81 Million ≈ $9.27 Million	-6.79%
2021-12-31	CA$13.74 Million ≈ $9.94 Million	-8.77%
2020-12-31	CA$15.07 Million ≈ $10.90 Million	+120.42%
2019-12-31	CA$6.84 Million ≈ $4.94 Million	+120.66%
2018-12-31	CA$3.10 Million ≈ $2.24 Million	+11.83%
2017-12-31	CA$2.77 Million ≈ $2.00 Million	+52.59%
2016-12-31	CA$1.82 Million ≈ $1.31 Million	+1044.59%
2015-12-31	CA$-192.17K ≈ $-139.01K	-106.96%
2014-12-31	CA$2.76 Million ≈ $2.00 Million	-51.54%
2013-12-31	CA$5.70 Million ≈ $4.12 Million	+0.34%
2012-12-31	CA$5.68 Million ≈ $4.11 Million	+212.02%
2011-12-31	CA$1.82 Million ≈ $1.32 Million	--

Equity Component Analysis

This analysis shows how different components contribute to K2 Gold Corporation'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 2169483100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$40.55 Million	221.38%
Total Equity	CA$18.32 Million	100.00%

K2 Gold Corporation Competitors by Market Cap

The table below lists competitors of K2 Gold Corporation ranked by their market capitalization.

Company	Market Cap
AVer Information Inc TW:3669	$122.08 Million
Adriano Care SOCIMI SAU MC:YADR	$122.09 Million
Greenland Energy Company Common Stock NASDAQ:GLND	$122.13 Million
Kyeryong Const KO:013580	$122.16 Million
Freelance.Com PA:ALFRE	$122.03 Million
Taiwan Fructose Co Ltd TWO:4207	$121.97 Million
Donga Geologic KO:028100	$121.97 Million
E-World KO:084680	$121.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in K2 Gold Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 16,469,233 to 18,319,413, a change of 1,850,180 (11.2%).
Net loss of 800,901 reduced equity.
New share issuances of 2,757,500 increased equity.
Other comprehensive income decreased equity by 7,396,855.
Other factors increased equity by 7,290,436.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-800.90K	-4.37%
Share Issuances	CA$2.76 Million	+15.05%
Other Comprehensive Income	CA$-7.40 Million	-40.38%
Other Changes	CA$7.29 Million	+39.8%
Total Change	CA$-	11.23%

Book Value vs Market Value Analysis

This analysis compares K2 Gold Corporation'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: 4.97x
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 0.22x to 4.97x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	CA$3.34	CA$0.72	x
2012-12-31	CA$8.25	CA$0.72	x
2013-12-31	CA$5.42	CA$0.72	x
2014-12-31	CA$2.26	CA$0.72	x
2015-12-31	CA$-0.15	CA$0.72	x
2016-12-31	CA$0.37	CA$0.72	x
2017-12-31	CA$0.17	CA$0.72	x
2018-12-31	CA$0.14	CA$0.72	x
2019-12-31	CA$0.21	CA$0.72	x
2020-12-31	CA$0.32	CA$0.72	x
2021-12-31	CA$0.21	CA$0.72	x
2022-12-31	CA$0.20	CA$0.72	x
2023-12-31	CA$0.18	CA$0.72	x
2024-12-31	CA$0.14	CA$0.72	x

Capital Efficiency Dashboard

This dashboard shows how efficiently K2 Gold Corporation 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): -4.37%
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 (-4.37%) is above the historical average (-28.13%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-29.69%	0.00%	0.00x	1.16x	CA$-722.41K
2012	-75.56%	0.00%	0.00x	1.01x	CA$-4.86 Million
2013	-17.19%	0.00%	0.00x	1.00x	CA$-1.55 Million
2014	-118.79%	0.00%	0.00x	1.01x	CA$-3.56 Million
2015	0.00%	0.00%	0.00x	0.00x	CA$-2.94 Million
2016	-20.93%	0.00%	0.00x	1.10x	CA$-561.44K
2017	-38.40%	0.00%	0.00x	1.02x	CA$-1.34 Million
2018	-32.48%	0.00%	0.00x	1.02x	CA$-1.32 Million
2019	-15.10%	0.00%	0.00x	1.04x	CA$-1.72 Million
2020	-11.92%	0.00%	0.00x	1.02x	CA$-3.30 Million
2021	-13.21%	0.00%	0.00x	1.03x	CA$-3.19 Million
2022	-9.66%	0.00%	0.00x	1.02x	CA$-2.52 Million
2023	-6.55%	0.00%	0.00x	1.02x	CA$-2.73 Million
2024	-4.37%	0.00%	0.00x	1.01x	CA$-2.63 Million

Industry Comparison

This section compares K2 Gold Corporation's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $3,457,076,334
Average return on equity (ROE) among peers: -12.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
K2 Gold Corporation (KTO)	CA$30.95 Million	-29.69%	0.03x	$122.05 Million
Allied Gold Corporation (AAUC)	$111.36 Million	-6.66%	4.92x	$3.29 Billion
Abcourt Mines Inc. (ABI)	$3.33 Million	-20.67%	0.04x	$77.46 Million
Barrick Gold Corp (ABX)	$32.31 Billion	6.26%	0.45x	$70.55 Billion
American Eagle Gold Corp (AE)	$35.20 Million	-22.32%	0.04x	$142.56 Million
Agnico Eagle Mines Limited (AEM)	$2.06 Billion	6.77%	0.33x	$86.35 Billion
Alamos Gold Inc (AGI)	$25.69 Million	-7.53%	0.11x	$15.94 Billion
AIS Resources Ltd (AIS)	$479.48K	-11.79%	0.06x	$2.79 Million
Alliance Mining Corp (ALM)	$-655.60K	0.00%	0.00x	$1.58 Million
Altamira Gold Corp (ALTA)	$24.24 Million	-6.73%	0.03x	$41.82 Million
Almaden Minerals Ltd (AMM)	$5.18 Million	-58.59%	0.09x	$24.82 Million

About K2 Gold Corporation

V:KTO Canada Gold

Market Cap

$122.05 Million

CA$168.73 Million CAD

Market Cap Rank

#18484 Global

#618 in Canada

Share Price

CA$0.72

Change (1 day)

-5.26%

52-Week Range

CA$0.30 - CA$0.89

All Time High

CA$0.90