Korab Resources Ltd (KOR) - Total Assets
Based on the latest financial reports, Korab Resources Ltd (KOR) holds total assets worth AU$4.69 Million AUD (≈ $3.32 Million USD) as of June 2024. 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. Check KOR cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Korab Resources Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Korab Resources Ltd's total assets have evolved over time, based on quarterly financial data. Explore Korab Resources Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
Korab Resources Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Korab Resources Ltd's total assets of AU$4.69 Million consist of 4.7% current assets and 95.4% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$93.35K | 2.0% |
| Accounts Receivable | AU$15.90K | 0.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$3.16 Million | 67.5% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Korab 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 KOR market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Korab Resources Ltd's current assets represent 4.7% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, down from 12.8% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 87.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 67.5% of total assets.
Korab Resources Ltd Competitors by Total Assets
Key competitors of Korab Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RIO Tinto Ltd
AU:RIO
|
Australia | AU$128.19 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.08 Billion |
|
Liontown Resources Ltd
AU:LTR
|
Australia | AU$1.86 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Merdeka Copper Gold PT
JK:MDKA
|
Indonesia | Rp5.28 Billion |
Korab Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.79 | 0.91 | 0.22 |
| Quick Ratio | 0.79 | 0.91 | 0.22 |
| Cash Ratio | 0.34 | 0.50 | 0.00 |
| Working Capital | AU$-59.20K | AU$-20.50K | AU$-497.35K |
Korab Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Korab 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 | 3.78 |
| Latest Market Cap to Assets Ratio | 0.44 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | AU$4.69 Million |
| Market Capitalization | $2.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Korab Resources Ltd's assets below their book value (0.44x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Korab Resources Ltd's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Korab Resources Ltd (2004–2024)
The table below shows the annual total assets of Korab Resources Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$4.69 Million ≈ $3.32 Million |
+2.04% |
| 2023-06-30 | AU$4.59 Million ≈ $3.25 Million |
-15.74% |
| 2022-06-30 | AU$5.45 Million ≈ $3.86 Million |
+25.10% |
| 2021-06-30 | AU$4.36 Million ≈ $3.08 Million |
-3.23% |
| 2020-06-30 | AU$4.50 Million ≈ $3.19 Million |
+10.68% |
| 2019-06-30 | AU$4.07 Million ≈ $2.88 Million |
+5.50% |
| 2018-06-30 | AU$3.86 Million ≈ $2.73 Million |
+7.65% |
| 2017-06-30 | AU$3.58 Million ≈ $2.53 Million |
+25.41% |
| 2016-06-30 | AU$2.86 Million ≈ $2.02 Million |
-4.96% |
| 2015-06-30 | AU$3.00 Million ≈ $2.13 Million |
+11.39% |
| 2014-06-30 | AU$2.70 Million ≈ $1.91 Million |
-61.02% |
| 2013-06-30 | AU$6.92 Million ≈ $4.90 Million |
+10.45% |
| 2012-06-30 | AU$6.27 Million ≈ $4.43 Million |
+13.06% |
| 2011-06-30 | AU$5.54 Million ≈ $3.92 Million |
+81.52% |
| 2010-06-30 | AU$3.05 Million ≈ $2.16 Million |
-42.72% |
| 2009-06-30 | AU$5.33 Million ≈ $3.77 Million |
-8.36% |
| 2008-06-30 | AU$5.82 Million ≈ $4.11 Million |
+26.80% |
| 2007-06-30 | AU$4.59 Million ≈ $3.25 Million |
+32.60% |
| 2006-06-30 | AU$3.46 Million ≈ $2.45 Million |
+352.09% |
| 2005-06-30 | AU$765.03K ≈ $541.31K |
+216.13% |
| 2004-06-30 | AU$242.00K ≈ $171.23K |
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About Korab Resources Ltd
Korab Resources Limited operates as a diversified battery and precious metals mining and exploration company in Australia. The company explores for gold, silver, phosphate rock, magnesium, manganese, tin, iron ore, copper, nickel, cobalt, lead, zinc, lithium, and rare earth metals, as well as scandium, palladium, platinum, and base metals. Korab Resources Limited was incorporated in 1998 and is b… Read more