Karnalyte Resources Inc
Karnalyte Resources Inc. explores and develops potash and magnesium products in Canada. It owns 100% interests in Wynyard Potash project comprising subsurface mineral leases KLSA 010, KL 247A, and KL 246 covering an area of 367 square kilometers of mineral rights located in Wynyard, Saskatchewan. The company was incorporated in 2007 and is headquartered in Saskatoon, Canada.
Karnalyte Resources Inc (KRLTF) - Total Assets
Latest total assets as of September 2025: $6.29 Million USD
Based on the latest financial reports, Karnalyte Resources Inc (KRLTF) holds total assets worth $6.29 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.
Karnalyte Resources Inc - Total Assets Trend (2008–2024)
This chart illustrates how Karnalyte Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Karnalyte Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Karnalyte Resources Inc's total assets of $6.29 Million consist of 17.8% current assets and 82.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.7% |
| Accounts Receivable | $61.00K | 0.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.05 Million | 73.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Karnalyte Resources Inc'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: Karnalyte Resources Inc's current assets represent 17.8% of total assets in 2024, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 12.7% of total assets in 2024, up from 4.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 73.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 73.4% of total assets.
Karnalyte Resources Inc Competitors by Total Assets
Key competitors of Karnalyte Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nanjing Red Sun Co Ltd
SHE:000525
|
China | CN¥6.84 Billion |
|
ADAMA Ltd
SHE:000553
|
China | CN¥49.93 Billion |
|
Grand Industrial Holding Co Ltd
SHE:000626
|
China | CN¥8.43 Billion |
|
Qinghai Salt Lake Industry Co.Ltd
SHE:000792
|
China | CN¥50.97 Billion |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
China | CN¥5.17 Billion |
|
Asia Potash International Investment Guangzhou Co Ltd
SHE:000893
|
China | CN¥19.38 Billion |
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
China | CN¥19.75 Billion |
|
Sichuan Lutianhua Co Ltd
SHE:000912
|
China | CN¥9.46 Billion |
Karnalyte Resources Inc - 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 - Karnalyte Resources Inc 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 - Karnalyte Resources Inc is currently not profitable relative to its asset base.
Karnalyte Resources Inc - 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 | 2.38 | 2.35 | 3.53 |
| Quick Ratio | 2.38 | 2.35 | 3.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $623.36K | $ 882.00K | $ 3.79 Million |
Karnalyte Resources Inc - Advanced Valuation Insights
This section examines the relationship between Karnalyte Resources Inc'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 | 3.94 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -17.9% |
| Total Assets | $6.88 Million |
| Market Capitalization | $1.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Karnalyte Resources Inc's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Karnalyte Resources Inc's assets decreased by 17.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Karnalyte Resources Inc (2008–2024)
The table below shows the annual total assets of Karnalyte Resources Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.88 Million | -17.94% |
| 2023-12-31 | $8.38 Million | -15.23% |
| 2022-12-31 | $9.88 Million | +17.75% |
| 2021-12-31 | $8.39 Million | -25.34% |
| 2020-12-31 | $11.24 Million | -18.98% |
| 2019-12-31 | $13.88 Million | -18.00% |
| 2018-12-31 | $16.92 Million | -9.04% |
| 2017-12-31 | $18.60 Million | -19.21% |
| 2016-12-31 | $23.02 Million | -27.96% |
| 2015-12-31 | $31.96 Million | -29.63% |
| 2014-12-31 | $45.42 Million | -59.25% |
| 2013-12-31 | $111.46 Million | +46.10% |
| 2012-12-31 | $76.29 Million | +0.58% |
| 2011-12-31 | $75.85 Million | +7.42% |
| 2010-12-31 | $70.61 Million | +330.58% |
| 2009-12-31 | $16.40 Million | +374.64% |
| 2008-12-31 | $3.45 Million | -- |