Turaco Gold Ltd (TCG) - Net Assets
Based on the latest financial reports, Turaco Gold Ltd (TCG) has net assets worth AU$112.55 Million AUD (≈ $79.63 Million USD) 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 ≈ $81.10 Million USD) and total liabilities (AU$2.07 Million ≈ $1.47 Million USD). 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. Check asset resilience ratio of Turaco Gold Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Turaco Gold Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Turaco Gold Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$55.01 Million ≈ $38.92 Million |
+524.33% |
| 2023-12-31 | AU$8.81 Million ≈ $6.23 Million |
+120.30% |
| 2022-12-31 | AU$4.00 Million ≈ $2.83 Million |
-76.72% |
| 2021-12-31 | AU$17.18 Million ≈ $12.16 Million |
+112.53% |
| 2020-12-31 | AU$8.09 Million ≈ $5.72 Million |
-8.88% |
| 2019-12-31 | AU$8.87 Million ≈ $6.28 Million |
-6.95% |
| 2018-12-31 | AU$9.54 Million ≈ $6.75 Million |
-0.16% |
| 2017-12-31 | AU$9.55 Million ≈ $6.76 Million |
-29.62% |
| 2016-12-31 | AU$13.57 Million ≈ $9.60 Million |
-51.96% |
| 2015-12-31 | AU$28.25 Million ≈ $19.99 Million |
+38.56% |
| 2014-12-31 | AU$20.39 Million ≈ $14.43 Million |
-39.97% |
| 2013-12-31 | AU$33.96 Million ≈ $24.03 Million |
+21.83% |
| 2012-12-31 | AU$27.88 Million ≈ $19.72 Million |
-10.40% |
| 2011-12-31 | AU$31.11 Million ≈ $22.02 Million |
+116.07% |
| 2009-12-31 | AU$14.40 Million ≈ $10.19 Million |
+37.23% |
| 2008-12-31 | AU$10.49 Million ≈ $7.42 Million |
-11.45% |
| 2007-12-31 | AU$11.85 Million ≈ $8.38 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 |
|---|---|
|
Tokmanni Group Oyj
HE:TOKMAN
|
$409.78 Million |
|
Haypp Grp Ab
ST:HAYPP
|
$409.97 Million |
|
Canopy Growth Corp
TO:WEED
|
$410.01 Million |
|
Metrodata Electronics Tbk
JK:MTDL
|
$410.04 Million |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
$409.68 Million |
|
Solusi Bangun Indonesia Tbk PT
JK:SMCB
|
$409.59 Million |
|
OneSpan Inc
NASDAQ:OSPN
|
$409.55 Million |
|
Lindex Group
HE:LINDEX
|
$409.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turaco Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,249,853 to 56,592,015, a change of 47,342,162 (511.8%).
- Net loss of 13,175,394 reduced equity.
- Share repurchases of 50,172,860 reduced equity.
- New share issuances of 50,172,856 increased equity.
- Other comprehensive income increased equity by 3,586,098.
- Other factors increased equity by 56,931,462.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: 6.93x
- 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 0.40x to 6.93x 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$0.55 | x |
| 2009-12-31 | AU$0.93 | AU$0.55 | x |
| 2010-12-31 | AU$1.12 | AU$0.55 | x |
| 2011-12-31 | AU$1.17 | AU$0.55 | x |
| 2012-12-31 | AU$0.91 | AU$0.55 | x |
| 2013-12-31 | AU$0.97 | AU$0.55 | x |
| 2014-12-31 | AU$0.36 | AU$0.55 | x |
| 2015-12-31 | AU$0.34 | AU$0.55 | x |
| 2016-12-31 | AU$0.07 | AU$0.55 | x |
| 2017-12-31 | AU$0.04 | AU$0.55 | x |
| 2018-12-31 | AU$0.04 | AU$0.55 | x |
| 2019-12-31 | AU$0.03 | AU$0.55 | x |
| 2020-12-31 | AU$0.03 | AU$0.55 | x |
| 2021-12-31 | AU$0.05 | AU$0.55 | x |
| 2022-12-31 | AU$0.01 | AU$0.55 | x |
| 2023-12-31 | AU$0.02 | AU$0.55 | x |
| 2024-12-31 | AU$0.08 | AU$0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turaco Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.23x
- Recent ROE (-23.28%) is above the historical average (-40.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -7.43% | 0.00% | 0.00x | 1.01x | AU$-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: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
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 | $409.70 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About Turaco Gold Ltd
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