Mighty Kingdom Ltd
Fortifai Limited develops video games in Australia. The company develops video games for console, PC, and mobile platforms. Its games portfolio includes Conan Chop Chop, Ava's Manor, Shopkins, Star Trek Lower Decks, Gabby's Dollhouse, Danger Days, Wild Life, and Power Ranges. The company was formerly known as Mighty Kingdom Limited and changed its name to Fortifai Limited in June 2025. The compan… Read more
Mighty Kingdom Ltd (MKL) - Total Assets
Latest total assets as of June 2025: AU$5.81 Million AUD
Based on the latest financial reports, Mighty Kingdom Ltd (MKL) holds total assets worth AU$5.81 Million AUD 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.
Mighty Kingdom Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Mighty Kingdom Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mighty Kingdom Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Mighty Kingdom Ltd's total assets of AU$5.81 Million consist of 99.3% current assets and 0.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 52.2% |
| Accounts Receivable | AU$421.04K | 7.2% |
| 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 Mighty Kingdom 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mighty Kingdom Ltd's current assets represent 99.3% of total assets in 2024, an increase from 79.8% in 2017.
- Cash Position: Cash and equivalents constituted 52.2% of total assets in 2024, up from 0.4% 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 7.2% of total assets.
Mighty Kingdom Ltd Competitors by Total Assets
Key competitors of Mighty Kingdom Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
Mighty Kingdom Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Mighty Kingdom Ltd generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Mighty Kingdom Ltd is currently not profitable relative to its asset base.
Mighty Kingdom 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 | 4.55 | 1.87 | 0.35 |
| Quick Ratio | 4.55 | 2.55 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$4.50 Million | AU$ 2.99 Million | AU$ -3.29 Million |
Mighty Kingdom Ltd - Advanced Valuation Insights
This section examines the relationship between Mighty Kingdom 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 | 5.71 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | -11.4% |
| Total Assets | AU$5.81 Million |
| Market Capitalization | $3.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mighty Kingdom Ltd's assets below their book value (0.68 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Mighty Kingdom Ltd's assets decreased by 11.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mighty Kingdom Ltd (2017–2024)
The table below shows the annual total assets of Mighty Kingdom Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$5.81 Million | -11.37% |
| 2023-12-31 | AU$6.56 Million | -22.92% |
| 2022-12-31 | AU$8.51 Million | -25.20% |
| 2021-12-31 | AU$11.38 Million | -40.30% |
| 2020-12-31 | AU$19.06 Million | +469.89% |
| 2019-12-31 | AU$3.34 Million | +63.82% |
| 2018-12-31 | AU$2.04 Million | +40.55% |
| 2017-12-31 | AU$1.45 Million | -- |