Tigers Realm Coal Ltd
Tigers Realm Coal Limited engages in the identification, exploration, development, mining, and sale of coal from deposits in the Far East of the Russian Federation. It holds 100% interests in the Amaam North project; and 80% interests in the Amaam tenement located in the Bering Basin, Chukotka province. The company also owns and operates the Beringovsky port and coal terminal located to the north… Read more
Tigers Realm Coal Ltd (TIG) - Net Assets
Latest net assets as of June 2024: AU$65.20 Million AUD
Based on the latest financial reports, Tigers Realm Coal Ltd (TIG) has net assets worth AU$65.20 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$111.37 Million) and total liabilities (AU$46.17 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$65.20 Million |
| % of Total Assets | 58.54% |
| Annual Growth Rate | 8.16% |
| 5-Year Change | 2295.85% |
| 10-Year Change | 27.26% |
| Growth Volatility | 162.09 |
Tigers Realm Coal Ltd - Net Assets Trend (2010–2023)
This chart illustrates how Tigers Realm Coal 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 Tigers Realm Coal Ltd (2010–2023)
The table below shows the annual net assets of Tigers Realm Coal Ltd from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$175.69 Million | -1.22% |
| 2022-12-31 | AU$177.87 Million | +49.85% |
| 2021-12-31 | AU$118.69 Million | +138.37% |
| 2020-12-31 | AU$49.79 Million | +579.04% |
| 2019-12-31 | AU$7.33 Million | -67.47% |
| 2018-12-31 | AU$22.54 Million | +66.99% |
| 2017-12-31 | AU$13.50 Million | -34.19% |
| 2016-12-31 | AU$20.51 Million | +128.38% |
| 2015-12-31 | AU$8.98 Million | -93.49% |
| 2014-12-31 | AU$138.06 Million | +9.30% |
| 2013-12-31 | AU$126.31 Million | +18.44% |
| 2012-12-31 | AU$106.65 Million | -7.52% |
| 2011-12-31 | AU$115.32 Million | +82.00% |
| 2010-12-31 | AU$63.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tigers Realm Coal 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 4978700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$272.98 Million | 139.49% |
| Other Comprehensive Income | AU$-26.80 Million | -13.70% |
| Total Equity | AU$195.69 Million | 100.00% |
Tigers Realm Coal Ltd Competitors by Market Cap
The table below lists competitors of Tigers Realm Coal Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Charnic Capital Tbk PT
JK:NICK
|
$9.74 Million |
|
Youngtimers AG
SW:YTME
|
$9.74 Million |
|
Curis Inc
NASDAQ:CRIS
|
$9.74 Million |
|
DIC India Limited
NSE:DICIND
|
$9.74 Million |
|
SSH Communications Security Oyj
HE:SSH1V
|
$9.74 Million |
|
Royal Plus PCL
BK:PLUS
|
$9.73 Million |
|
Cubic Korea Inc
KQ:021650
|
$9.73 Million |
|
Mtag Group Berhad
KLSE:0213
|
$9.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tigers Realm Coal Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 197,742,000 to 195,693,000, a change of -2,049,000 (-1.0%).
- Net income of 46,111,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 48,160,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$46.11 Million | +23.56% |
| Other Comprehensive Income | AU$-48.16 Million | -24.61% |
| Total Change | AU$- | -1.04% |
Book Value vs Market Value Analysis
This analysis compares Tigers Realm Coal 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: 0.20x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.02x to 0.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | AU$0.17 | AU$0.00 | x |
| 2011-12-31 | AU$0.15 | AU$0.00 | x |
| 2012-12-31 | AU$0.11 | AU$0.00 | x |
| 2013-12-31 | AU$0.14 | AU$0.00 | x |
| 2014-12-31 | AU$0.10 | AU$0.00 | x |
| 2015-12-31 | AU$0.02 | AU$0.00 | x |
| 2016-12-31 | AU$0.02 | AU$0.00 | x |
| 2017-12-31 | AU$0.01 | AU$0.00 | x |
| 2018-12-31 | AU$0.01 | AU$0.00 | x |
| 2019-12-31 | AU$0.01 | AU$0.00 | x |
| 2020-12-31 | AU$0.01 | AU$0.00 | x |
| 2021-12-31 | AU$0.01 | AU$0.00 | x |
| 2022-12-31 | AU$0.02 | AU$0.00 | x |
| 2023-12-31 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tigers Realm Coal 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): 23.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.91%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.10x
- Recent ROE (23.56%) is above the historical average (-22.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.03% | 0.00% | 0.00x | 1.85x | AU$9.25 Million |
| 2012 | -26.81% | -104100.00% | 0.00x | 1.94x | AU$-27.16 Million |
| 2013 | -10.70% | -20024.19% | 0.00x | 1.55x | AU$-24.02 Million |
| 2014 | -14.94% | -154423.08% | 0.00x | 1.61x | AU$-33.51 Million |
| 2015 | -237.84% | -121366.20% | 0.01x | 0.37x | AU$-89.79 Million |
| 2016 | -20.31% | 0.00% | 0.00x | 0.55x | AU$-15.69 Million |
| 2017 | -19.12% | -39.01% | 0.57x | 0.86x | AU$-9.46 Million |
| 2018 | 25.83% | 20.96% | 1.16x | 1.06x | AU$6.72 Million |
| 2019 | -69.56% | -37.55% | 0.57x | 3.24x | AU$-21.53 Million |
| 2020 | -22.49% | -32.66% | 0.56x | 1.23x | AU$-22.60 Million |
| 2021 | 27.39% | 36.48% | 0.63x | 1.20x | AU$24.08 Million |
| 2022 | 26.70% | 28.42% | 0.76x | 1.24x | AU$33.02 Million |
| 2023 | 23.56% | 32.91% | 0.65x | 1.10x | AU$26.54 Million |
Industry Comparison
This section compares Tigers Realm Coal Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $7,422,338
- Average return on equity (ROE) among peers: -69.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tigers Realm Coal Ltd (TIG) | AU$65.20 Million | 21.03% | 0.71x | $9.74 Million |
| Aspire Mining Ltd (AKM) | $2.67 Million | -6.03% | 0.02x | $20.78 Million |
| Atrum Coal NL (ATU) | $16.05 Million | -29.05% | 0.04x | $1.53 Million |
| Advance Metals Ltd (AVM) | $326.67K | -326.93% | 2.51x | $10.19 Million |
| Bowen Coking Coal Ltd (BCB) | $10.48 Million | -19.44% | 0.12x | $2.73 Million |
| Cokal Ltd (CKA) | $-31.52K | 0.00% | 0.00x | $23.66 Million |
| Jameson Resources Ltd (JAL) | $15.04 Million | -33.41% | 0.01x | $19.66 Million |