Korab Resources (ASX:KOR) Total Stockholders Equity: A$-0.28 Mil (As of Dec. 2024)

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What is Korab Resources Total Stockholders Equity?

Korab Resources ASX:KOR Total Stockholders Equity is A$-0.28 Mil as of Dec. 2024.

Korab Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$-0.28 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Korab Resources's Book Value per Share for the quarter that ended in Dec. 2024 was A$-0.00. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Korab Resources's Debt-to-Equity for the quarter that ended in Dec. 2024 was -17.09.

Korab Resources  (ASX:KOR) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Korab Resources's Book Value per Share for the quarter that ended in Dec. 2024 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-0.281-0)/367.050
=-0.00

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Korab Resources's Debt-to-Equity for the quarter that ended in Dec. 2024 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 4.802) / -0.281
=-17.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Korab Resources Total Stockholders Equity Related Terms

Korab Resources Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Korab Resources's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Korab Resources Total Stockholders Equity Chart

Korab Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Stockholders Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 1.25 2.45 1.09 0.16

Korab Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Stockholders Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 1.09 0.78 0.16 -0.28
What does a Total Stockholders Equity of A$-0.28 Mil mean?
Korab Resources (ASX:KOR) has a Total Stockholders Equity of A$-0.28 Mil as of Dec. 2024. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Korab Resources and its competitors.
Is Korab Resources' Total Stockholders Equity too high?
Korab Resources' current Total Stockholders Equity is A$-0.28 Mil.
How does Korab Resources' Total Stockholders Equity compare to competitors?
Korab Resources' Total Stockholders Equity of A$-0.28 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Stockholders Equity for a Metals & Mining company?
A good Total Stockholders Equity depends on the Metals & Mining industry context. However, Total Stockholders Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Korab Resources and its competitors. Korab Resources's current Total Stockholders Equity is A$-0.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korab Resources stock overvalued right now?
Korab Resources (ASX:KOR) has a current Total Stockholders Equity of A$-0.28 Mil. The current Total Stockholders Equity is A$-0.28 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Korab Resources (ASX:KOR), the current Total Stockholders Equity is A$-0.28 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Korab Resources Business Description

Address 20 Prowse Street, West Perth, Perth, WA, AUS, 6005
Korab Resources Ltd is a battery and precious metals mining and exploration company. It is engaged in mineral exploration and the evaluation of mineral properties. It corporate strategy is to locate, acquire, advance and then crystallise value from their prospects and deposits though development, joint venture or sale. It operates development projects in Australia and exploration projects in Northern Territory. The company projects include the Bobrikovo project located in Ukraine, the Winchester magnesium and the Geolsec Phosphate projects, the Sundance project, the Batchelor and the Green Alligator projects located in Northern Territory, and the Mt. Elephant project situated in Western Australia.