Kingsrose Mining Limited

PINK:KRMMF USA Other Industrial Metals & Mining
Market Cap
$45.21 Million
Market Cap Rank
#23796 Global
#8281 in USA
Share Price
$0.06
Change (1 day)
+0.00%
52-Week Range
$0.06 - $0.06
All Time High
$0.06
About

Kingsrose Mining Limited, together with its subsidiaries, operates as a mineral exploration company in Norway and Finland. It explores for platinum group elements, nickel, copper, gold, cobalt, and palladium deposits. Kingsrose Mining Limited was incorporated in 2005 and is based in Nedlands, Australia.

Kingsrose Mining Limited (KRMMF) - Total Assets

Latest total assets as of December 2024: $33.39 Million USD

Based on the latest financial reports, Kingsrose Mining Limited (KRMMF) holds total assets worth $33.39 Million USD as of December 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.

Kingsrose Mining Limited - Total Assets Trend (2007–2024)

This chart illustrates how Kingsrose Mining Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Kingsrose Mining Limited - Asset Composition Analysis

Current Asset Composition (June 2024)

Kingsrose Mining Limited's total assets of $33.39 Million consist of 71.6% current assets and 28.4% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 71.3%
Accounts Receivable $68.15K 0.2%
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 (2007–2024)

This chart illustrates how Kingsrose Mining Limited'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: Kingsrose Mining Limited's current assets represent 71.6% of total assets in 2024, an increase from 62.7% in 2007.
  • Cash Position: Cash and equivalents constituted 71.3% of total assets in 2024, up from 55.2% in 2007.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
  • Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.

Kingsrose Mining Limited Competitors by Total Assets

Key competitors of Kingsrose Mining Limited based on total assets are shown below.

Kingsrose Mining Limited - 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

Historical Range: 0.04 - 1.18

Lower asset utilization - Kingsrose Mining Limited generates 0.35x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -94.64% - 32.32%

Negative ROA - Kingsrose Mining Limited is currently not profitable relative to its asset base.

Kingsrose Mining Limited - 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 5.44 22.42 2.60
Quick Ratio 5.44 22.75 1.93
Cash Ratio 0.00 0.00 0.00
Working Capital $22.41 Million $ 26.50 Million $ 18.51 Million

Kingsrose Mining Limited - Advanced Valuation Insights

This section examines the relationship between Kingsrose Mining Limited'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 1.76
Latest Market Cap to Assets Ratio 0.71
Asset Growth Rate (YoY) -2.1%
Total Assets $40.51 Million
Market Capitalization $28.88 Million USD

Valuation Analysis

Below Book Valuation: The market values Kingsrose Mining Limited's assets below their book value (0.71 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Kingsrose Mining Limited's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Kingsrose Mining Limited (2007–2024)

The table below shows the annual total assets of Kingsrose Mining Limited from 2007 to 2024.

Year Total Assets Change
2024-06-30 $40.51 Million -2.11%
2023-06-30 $41.38 Million -9.00%
2022-06-30 $45.47 Million -14.05%
2021-06-30 $52.91 Million -11.52%
2020-06-30 $59.80 Million +120621.50%
2019-06-30 $49.53K -17.15%
2018-06-30 $59.78K +7.92%
2017-06-30 $55.40K -46.78%
2016-06-30 $104.09K -1.43%
2015-06-30 $105.60K -99.88%
2014-06-30 $86.46 Million -1.75%
2013-06-30 $88.00 Million -6.46%
2012-06-30 $94.07 Million +37.42%
2011-06-30 $68.46 Million +48.29%
2010-06-30 $46.17 Million +37.77%
2009-06-30 $33.51 Million +579.27%
2008-06-30 $4.93 Million -43.37%
2007-06-30 $8.71 Million --