Kainantu Resources Ltd.
South Pacific Metals Corp. operates as a gold mining company in Papua New Guinea. It explores for copper, gold, and silver metals. The company's property portfolio includes the May River and the Kili Teke projects, as well as the KRL North and South projects located in the Kainantu region, Papua New Guinea. The company was formerly known as Kainantu Resources Ltd. and changed its name to South Pa… Read more
Kainantu Resources Ltd. (KRLCF) - Total Assets
Latest total assets as of September 2025: $20.03 Million USD
Based on the latest financial reports, Kainantu Resources Ltd. (KRLCF) holds total assets worth $20.03 Million USD as of September 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.
Kainantu Resources Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Kainantu Resources Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kainantu Resources Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Kainantu Resources Ltd.'s total assets of $20.03 Million consist of 2.2% current assets and 97.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $73.00K | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Kainantu 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kainantu Resources Ltd.'s current assets represent 2.2% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 98.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Kainantu Resources Ltd. Competitors by Total Assets
Key competitors of Kainantu Resources Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Kainantu Resources 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
Lower asset utilization - Kainantu Resources Ltd. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Kainantu Resources Ltd. is currently not profitable relative to its asset base.
Kainantu 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 | 2.18 | 6.88 | 3.49 |
| Quick Ratio | 2.18 | 6.88 | 3.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.26 Million | $ 658.00K | $ 2.06 Million |
Kainantu Resources Ltd. - Advanced Valuation Insights
This section examines the relationship between Kainantu 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 | 2.08 |
| Latest Market Cap to Assets Ratio | 0.83 |
| Asset Growth Rate (YoY) | -1.6% |
| Total Assets | $11.15 Million |
| Market Capitalization | $9.29 Million USD |
Valuation Analysis
Near Book Valuation: The market values Kainantu Resources Ltd.'s assets close to their book value ( 0.83x), suggesting investors view the company's assets at approximately fair value.
Slight Asset Contraction: Kainantu Resources Ltd.'s assets decreased by 1.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Kainantu Resources Ltd. (2019–2024)
The table below shows the annual total assets of Kainantu Resources Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.15 Million | -1.62% |
| 2023-12-31 | $11.34 Million | +49.05% |
| 2022-12-31 | $7.61 Million | +38.27% |
| 2021-12-31 | $5.50 Million | +4237.66% |
| 2020-12-31 | $126.81K | -37.66% |
| 2019-12-31 | $203.40K | -- |