Alkane Resources Limited (ALK) - Total Assets
Based on the latest financial reports, Alkane Resources Limited (ALK) holds total assets worth CA$464.70 Million CAD as of June 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.
Alkane Resources Limited - Total Assets Trend (2021–2024)
This chart illustrates how Alkane Resources Limited's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Alkane Resources Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Alkane Resources Limited's total assets of CA$464.70 Million consist of 15.5% current assets and 84.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 9.8% |
| Accounts Receivable | CA$1.68 Million | 0.4% |
| Inventory | CA$22.24 Million | 4.8% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Alkane Resources 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: Alkane Resources Limited's current assets represent 15.5% of total assets in 2024, an increase from 14.0% in 2021.
- Cash Position: Cash and equivalents constituted 9.8% of total assets in 2024, up from 8.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 4.8% of total assets.
Alkane Resources Limited Competitors by Total Assets
Key competitors of Alkane Resources Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asante Gold Corporation
F:1A9
|
Germany | €913.08 Million |
|
Yukon Metals Corp.
F:E770
|
Germany | €28.43 Million |
|
Alamos Gold Inc
NYSE:AGI
|
USA | $5.98 Billion |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
AMIGO HLDGS PLC. LS-0025
F:0VG
|
Germany | €46.30 Million |
|
American Pacific Mining Corp
F:1QC1
|
Germany | €39.92 Million |
Alkane Resources 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 | 1.38 | - | - |
| Quick Ratio | 0.95 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | CA$19.64 Million | - | - |
Alkane Resources Limited - Advanced Valuation Insights
This section examines the relationship between Alkane Resources 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 | 3.28 |
| Latest Market Cap to Assets Ratio | 2.12 |
| Asset Growth Rate (YoY) | 12.7% |
| Total Assets | CA$464.70 Million |
| Market Capitalization | $985.87 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Alkane Resources Limited's assets at a significant premium (2.12x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Alkane Resources Limited's assets grew by 12.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Alkane Resources Limited (2021–2024)
The table below shows the annual total assets of Alkane Resources Limited from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | CA$464.70 Million | +12.74% |
| 2023-06-30 | CA$412.19 Million | +15.89% |
| 2022-06-30 | CA$355.69 Million | +50.58% |
| 2021-06-30 | CA$236.22 Million | -- |
About Alkane Resources Limited
Alkane Resources Ltd operates as a gold exploration and production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects. Alkane Resources Ltd was incorporated in 1969 and is headquartered in West Perth, Australia.