Mkango Resources Ltd
Mkango Resources Ltd., together with its subsidiaries, explores for and develops rare earth elements and associated minerals in Malawi, United Kingdom, and Poland. The company also explores for uranium, tantalum, niobium, rutile, nickel, cobalt, corundum, zircon, ilmenite, gold, graphite, base metals, platinum group metals, vanadium, chromium, and niobium deposits. Its flagship project is the Son… Read more
Mkango Resources Ltd (MKNGF) - Total Assets
Latest total assets as of September 2025: $13.11 Million USD
Based on the latest financial reports, Mkango Resources Ltd (MKNGF) holds total assets worth $13.11 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.
Mkango Resources Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Mkango Resources Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mkango Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Mkango Resources Ltd's total assets of $13.11 Million consist of 15.6% current assets and 84.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.8% |
| Accounts Receivable | $209.84K | 2.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.20 Million | 29.8% |
| Goodwill | $2.68 Million | 25.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Mkango 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: Mkango Resources Ltd's current assets represent 15.6% of total assets in 2024, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2024, down from 98.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 54.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 29.8% of total assets.
Mkango Resources Ltd Competitors by Total Assets
Key competitors of Mkango Resources Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Mkango 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 - Mkango 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 - Mkango Resources Ltd is currently not profitable relative to its asset base.
Mkango 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 | 0.18 | 0.62 | 17.39 |
| Quick Ratio | 0.18 | 0.62 | 17.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-10.73 Million | $ -1.30 Million | $ 4.74 Million |
Mkango Resources Ltd - Advanced Valuation Insights
This section examines the relationship between Mkango 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 | 67.81 |
| Latest Market Cap to Assets Ratio | 3.45 |
| Asset Growth Rate (YoY) | 15.9% |
| Total Assets | $10.71 Million |
| Market Capitalization | $37.01 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Mkango Resources Ltd's assets at a significant premium ( 3.45x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Mkango Resources Ltd's assets grew by 15.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mkango Resources Ltd (2008–2024)
The table below shows the annual total assets of Mkango Resources Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.71 Million | +15.85% |
| 2023-12-31 | $9.25 Million | +505.53% |
| 2022-12-31 | $1.53 Million | -70.99% |
| 2021-12-31 | $5.26 Million | -8.93% |
| 2020-12-31 | $5.78 Million | -41.21% |
| 2019-12-31 | $9.83 Million | +266.04% |
| 2018-12-31 | $2.69 Million | +169.13% |
| 2017-12-31 | $997.87K | +1.78% |
| 2016-12-31 | $980.43K | +287.62% |
| 2015-12-31 | $252.94K | +36.22% |
| 2014-12-31 | $185.68K | -63.38% |
| 2013-12-31 | $507.09K | +13.31% |
| 2012-12-31 | $447.53K | -88.71% |
| 2011-12-31 | $3.96 Million | -49.59% |
| 2010-12-31 | $7.86 Million | +2233.51% |
| 2009-12-31 | $336.90K | +6.12% |
| 2008-12-31 | $317.47K | -- |