Mkango Resources Ltd (MKA) - Total Assets
Based on the latest financial reports, Mkango Resources Ltd (MKA) holds total assets worth CA$13.11 Million CAD (≈ $9.48 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. See MKA total equity for net asset value and shareholders' equity analysis.
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.
Mkango Resources Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Mkango Resources Ltd's total assets of CA$13.11 Million consist of 15.6% current assets and 84.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.8% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$3.20 Million | 29.8% |
| Goodwill | CA$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. For live market cap, price, and company overview, see MKA market cap overview.
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 |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
China | CN¥53.18 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
China | CN¥8.95 Billion |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Shandong Humon Smelting Co Ltd
SHE:002237
|
China | CN¥36.97 Billion |
Mkango Resources Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.18 | 0.62 | 17.74 |
| Quick Ratio | 0.18 | 0.62 | 17.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-10.73 Million | CA$-1.30 Million | CA$4.84 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 | 77.81 |
| Latest Market Cap to Assets Ratio | 19.23 |
| Asset Growth Rate (YoY) | 15.3% |
| Total Assets | CA$10.71 Million |
| Market Capitalization | $205.95 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Mkango Resources Ltd's assets at a significant premium (19.23x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Mkango Resources Ltd's assets grew by 15.3% 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 | CA$10.71 Million ≈ $7.75 Million |
+15.26% |
| 2023-12-31 | CA$9.29 Million ≈ $6.72 Million |
+508.64% |
| 2022-12-31 | CA$1.53 Million ≈ $1.10 Million |
-70.99% |
| 2021-12-31 | CA$5.26 Million ≈ $3.81 Million |
-8.93% |
| 2020-12-31 | CA$5.78 Million ≈ $4.18 Million |
-41.21% |
| 2019-12-31 | CA$9.83 Million ≈ $7.11 Million |
+266.04% |
| 2018-12-31 | CA$2.69 Million ≈ $1.94 Million |
+169.13% |
| 2017-12-31 | CA$997.87K ≈ $721.84K |
+1.78% |
| 2016-12-31 | CA$980.43K ≈ $709.23K |
+287.62% |
| 2015-12-31 | CA$252.94K ≈ $182.97K |
+36.22% |
| 2014-12-31 | CA$185.68K ≈ $134.32K |
-63.38% |
| 2013-12-31 | CA$507.09K ≈ $366.82K |
+13.31% |
| 2012-12-31 | CA$447.53K ≈ $323.73K |
-88.12% |
| 2011-12-31 | CA$3.77 Million ≈ $2.72 Million |
-52.09% |
| 2010-12-31 | CA$7.86 Million ≈ $5.69 Million |
+2233.51% |
| 2009-12-31 | CA$336.90K ≈ $243.71K |
+6.12% |
| 2008-12-31 | CA$317.47K ≈ $229.66K |
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About 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