Turaco Gold Ltd

AU:TCG Australia Gold
Market Cap
$420.45 Million
AU$679.04 Million AUD
Market Cap Rank
#12734 Global
#158 in Australia
Share Price
AU$0.65
Change (1 day)
+0.78%
52-Week Range
AU$0.34 - AU$0.87
All Time High
AU$0.87
Categories
Companies in Australia Gold
About

Turaco Gold Limited engages in the mineral exploration of gold deposits in Cote d'Ivoire. Its principal project is the Afema gold project comprising three granted contiguous exploration permits, an exploration permit application, and an option over an additional application covering an area of approximately 1,600 square kilometers located in south-east Côte d'Ivoire. The company was formerly know… Read more

Turaco Gold Ltd (TCG) - Net Assets

Latest net assets as of June 2025: AU$112.55 Million AUD

Based on the latest financial reports, Turaco Gold Ltd (TCG) has net assets worth AU$112.55 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$114.62 Million) and total liabilities (AU$2.07 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$112.55 Million
% of Total Assets 98.19%
Annual Growth Rate 9.45%
5-Year Change 580.38%
10-Year Change 94.74%
Growth Volatility 136.14

Turaco Gold Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Turaco Gold Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Turaco Gold Ltd (2007–2024)

The table below shows the annual net assets of Turaco Gold Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 AU$55.01 Million +524.33%
2023-12-31 AU$8.81 Million +120.30%
2022-12-31 AU$4.00 Million -76.72%
2021-12-31 AU$17.18 Million +112.53%
2020-12-31 AU$8.09 Million -8.88%
2019-12-31 AU$8.87 Million -6.95%
2018-12-31 AU$9.54 Million -0.16%
2017-12-31 AU$9.55 Million -29.62%
2016-12-31 AU$13.57 Million -51.96%
2015-12-31 AU$28.25 Million +38.56%
2014-12-31 AU$20.39 Million -39.97%
2013-12-31 AU$33.96 Million +21.83%
2012-12-31 AU$27.88 Million -10.40%
2011-12-31 AU$31.11 Million +116.07%
2009-12-31 AU$14.40 Million +37.23%
2008-12-31 AU$10.49 Million -11.45%
2007-12-31 AU$11.85 Million --

Equity Component Analysis

This analysis shows how different components contribute to Turaco Gold Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 8679220500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$135.80 Million 239.96%
Other Comprehensive Income AU$7.96 Million 14.06%
Total Equity AU$56.59 Million 100.00%

Turaco Gold Ltd Competitors by Market Cap

The table below lists competitors of Turaco Gold Ltd ranked by their market capitalization.

Company Market Cap
Latitude Group Holdings Ltd
AU:LFS
 		$305.96 Million
Solus Advanced Materials Co Ltd
KO:336370
 		$305.99 Million
Saratoga Investment Corp
NYSE:SAR
 		$306.11 Million
Beijing Scitop Bio Tech Co Ltd
SHE:300858
 		$306.14 Million
Topkey Corp
TW:4536
 		$305.91 Million
Taihe Technologies
SHE:300801
 		$305.83 Million
B GRIMM POWER PCL-NVDR
BK:BGRIM-R
 		$305.79 Million
Liuzhou Chemical Industry Co Ltd
SHG:600423
 		$305.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Turaco Gold Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,249,853 to 56,592,015, a change of 47,342,162 (511.8%).
  • Net loss of 13,175,394 reduced equity.
  • Share repurchases of 50,172,860 reduced equity.
  • New share issuances of 50,172,856 increased equity.
  • Other comprehensive income increased equity by 3,586,098.
  • Other factors increased equity by 56,931,462.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-13.18 Million -23.28%
Share Repurchases AU$50.17 Million -88.66%
Share Issuances AU$50.17 Million +88.66%
Other Comprehensive Income AU$3.59 Million +6.34%
Other Changes AU$56.93 Million +100.6%
Total Change AU$- 511.82%

Book Value vs Market Value Analysis

This analysis compares Turaco Gold Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 8.13x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.47x to 8.13x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 AU$1.37 AU$0.65 x
2009-12-31 AU$0.93 AU$0.65 x
2010-12-31 AU$1.12 AU$0.65 x
2011-12-31 AU$1.17 AU$0.65 x
2012-12-31 AU$0.91 AU$0.65 x
2013-12-31 AU$0.97 AU$0.65 x
2014-12-31 AU$0.36 AU$0.65 x
2015-12-31 AU$0.34 AU$0.65 x
2016-12-31 AU$0.07 AU$0.65 x
2017-12-31 AU$0.04 AU$0.65 x
2018-12-31 AU$0.04 AU$0.65 x
2019-12-31 AU$0.03 AU$0.65 x
2020-12-31 AU$0.03 AU$0.65 x
2021-12-31 AU$0.05 AU$0.65 x
2022-12-31 AU$0.01 AU$0.65 x
2023-12-31 AU$0.02 AU$0.65 x
2024-12-31 AU$0.08 AU$0.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Turaco Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -23.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.23x
  • Recent ROE (-23.28%) is above the historical average (-40.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 -7.43% 0.00% 0.00x 1.01x AU$-1.83 Million
2009 -8.12% 0.00% 0.00x 1.01x AU$-2.61 Million
2010 -11.44% -3892.26% 0.00x 0.00x AU$-4.79 Million
2011 -5.40% 0.00% 0.00x 1.02x AU$-4.79 Million
2012 -11.09% -12232.15% 0.00x 1.02x AU$-5.88 Million
2013 -18.37% -63600.81% 0.00x 1.04x AU$-9.63 Million
2014 -60.11% 0.00% 0.00x 1.02x AU$-14.29 Million
2015 27.02% 0.00% 0.00x 1.02x AU$4.81 Million
2016 -175.50% -934073.96% 0.00x 1.06x AU$-25.18 Million
2017 -42.54% -4805.16% 0.01x 1.02x AU$-5.02 Million
2018 -0.67% -136.94% 0.00x 1.02x AU$-1.02 Million
2019 -7.68% -1181.56% 0.01x 1.01x AU$-1.57 Million
2020 -15.80% -3686.37% 0.00x 1.04x AU$-2.09 Million
2021 -29.41% -108267.13% 0.00x 1.06x AU$-6.78 Million
2022 -238.67% -8174.16% 0.02x 1.26x AU$-10.84 Million
2023 -53.86% -86944.92% 0.00x 1.04x AU$-5.91 Million
2024 -23.28% 0.00% 0.00x 1.23x AU$-18.83 Million

Industry Comparison

This section compares Turaco Gold Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Turaco Gold Ltd (TCG) AU$112.55 Million -7.43% 0.02x $305.92 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million