Akora Resources Ltd (AKO) - Total Assets
Based on the latest financial reports, Akora Resources Ltd (AKO) holds total assets worth AU$14.29 Million AUD (≈ $10.11 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Akora Resources Ltd balance sheet quality to measure how much of total assets are equity-financed.
Akora Resources Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Akora Resources Ltd's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of Akora Resources Ltd to evaluate the quality of earnings relative to operating cash generation.
Akora Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Akora Resources Ltd's total assets of AU$14.29 Million consist of 4.9% current assets and 95.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 4.8% |
| Accounts Receivable | AU$23.52K | 0.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Akora Resources Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Akora Resources Ltd (AKO) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Akora Resources Ltd's current assets represent 4.9% of total assets in 2024, a decrease from 13.0% in 2017.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2024, down from 12.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Akora Resources Ltd Competitors by Total Assets
Key competitors of Akora Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Lynas Rare EARTHS Ltd
AU:LYC
|
Australia | AU$2.94 Billion |
|
Ivanhoe Mines Ltd.
TO:IVN
|
Canada | CA$7.38 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Cufe Ltd
AU:CUF
|
Australia | AU$19.23 Million |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
Akora Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.35 | 3.80 | 3.88 |
| Quick Ratio | 1.35 | 3.89 | 3.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$104.47K | AU$2.21 Million | AU$1.39 Million |
Akora Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Akora Resources Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.04 |
| Latest Market Cap to Assets Ratio | 0.66 |
| Asset Growth Rate (YoY) | 23.4% |
| Total Assets | AU$13.91 Million |
| Market Capitalization | $9.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Akora Resources Ltd's assets below their book value (0.66x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Akora Resources Ltd's assets grew by 23.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Akora Resources Ltd (2017–2024)
The table below shows the annual total assets of Akora Resources Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$13.91 Million ≈ $9.84 Million |
+23.38% |
| 2023-12-31 | AU$11.27 Million ≈ $7.97 Million |
+17.02% |
| 2022-12-31 | AU$9.63 Million ≈ $6.82 Million |
+16.20% |
| 2021-12-31 | AU$8.29 Million ≈ $5.87 Million |
-3.44% |
| 2020-12-31 | AU$8.58 Million ≈ $6.07 Million |
+63.35% |
| 2019-12-31 | AU$5.26 Million ≈ $3.72 Million |
+71.60% |
| 2018-12-31 | AU$3.06 Million ≈ $2.17 Million |
-7.49% |
| 2017-12-31 | AU$3.31 Million ≈ $2.34 Million |
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About Akora Resources Ltd
AKORA Resources Limited engages in the exploration, evaluation, and development of iron ore projects in Madagascar. Its flagship project is the Bekisopa iron ore project located in Madagascar. The company was formerly known as Indian Pacific Resources Limited and changed its name to AKORA Resources Limited in September 2020. The company was incorporated in 2009 and is headquartered in Ballarat, A… Read more