Alkane Resources Ltd

Alkane Resources Ltd's next confirmed earnings release is scheduled for October 23, 2026.

As of June 30, 2024, Alkane Resources Ltd has 603.49M shares outstanding.

As of June 30, 2024, Alkane Resources Ltd maintains a current ratio of 1.38, meaning it holds 1.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 15.84, indicating elevated leverage, while an interest coverage ratio of 25.52 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2024, Alkane Resources Ltd posted a return on equity (ROE) of 5.80, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.02 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.03, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.77, useful for judging operating efficiency across full business cycles. Inventory turnover of 4.66 indicates how many times Alkane Resources Ltd sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2024, Alkane Resources Ltd recorded 6.17M in income tax expense. That works out to an effective tax rate of 27.68, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 22.31M, leaving 16.13M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Alkane Resources Ltd's stock has gained approximately 70.65% over the past 52 weeks. The 50-day moving average sits at 1.79, while the 200-day moving average is 1.55.

Over the twelve months ended June 30, 2024, Alkane Resources Ltd generated 157.87M in revenue and converted that into 16.13M in net income, yielding earnings per share of 0.03. EBITDA reached 54.66M, while operating income came in at 21.58M.

As of June 30, 2024, Alkane Resources Ltd holds 41.54M in cash and equivalents against 44.73M in total debt, resulting in a net debt position of 3.19M. Total book value stands at 282.33M, with working capital of 17.93M providing operational flexibility.

These figures cover the twelve months ended June 30, 2024.

Over the twelve months ended June 30, 2024, Alkane Resources Ltd posted a gross margin of 40.51, reflecting its pricing power and cost economics. The operating margin of 13.67 and net profit margin of 10.22 provide insight into operational efficiency.

Alkane Resources Ltd's most recent stock split took place on December 2, 2019.