Trigg Minerals Ltd (TMG) - Net Assets
Based on the latest financial reports, Trigg Minerals Ltd (TMG) has net assets worth AU$5.02 Million AUD (≈ $3.55 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$5.56 Million ≈ $3.93 Million USD) and total liabilities (AU$536.08K ≈ $379.31K 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 TMG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$5.02 Million |
| % of Total Assets | 90.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | 22.27% |
| 10-Year Change | N/A |
| Growth Volatility | 6433.04 |
Trigg Minerals Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Trigg Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Trigg Minerals Ltd for the complete picture of this company's asset base.
Annual Net Assets for Trigg Minerals Ltd (2016–2025)
The table below shows the annual net assets of Trigg Minerals Ltd from 2016 to 2025. For live valuation and market cap data, see Trigg Minerals Ltd (TMG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$5.02 Million ≈ $3.55 Million |
+410.30% |
| 2024-06-30 | AU$984.26K ≈ $696.43K |
-17.21% |
| 2023-06-30 | AU$1.19 Million ≈ $841.20K |
-94.48% |
| 2022-06-30 | AU$21.54 Million ≈ $15.24 Million |
+424.48% |
| 2021-06-30 | AU$4.11 Million ≈ $2.91 Million |
+142.00% |
| 2020-06-30 | AU$1.70 Million ≈ $1.20 Million |
+1313.27% |
| 2019-06-30 | AU$-139.90K ≈ $-98.99K |
-188.77% |
| 2018-06-30 | AU$157.61K ≈ $111.52K |
+18485.97% |
| 2017-06-30 | AU$848.00 ≈ $600.01 |
+160.96% |
| 2016-06-30 | AU$-1.39K ≈ $-984.22 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Trigg Minerals 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 3576665800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$32.28 Million | 642.63% |
| Other Comprehensive Income | AU$8.51 Million | 169.51% |
| Total Equity | AU$5.02 Million | 100.00% |
Trigg Minerals Ltd Competitors by Market Cap
The table below lists competitors of Trigg Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mammoth Energy Services Inc
NASDAQ:TUSK
|
$112.29 Million |
|
Prevas AB
ST:PREV-B
|
$112.39 Million |
|
Tait Marketing & Distribution Co Ltd
TWO:5902
|
$112.39 Million |
|
Nordhealth AS
OL:NORDH
|
$112.50 Million |
|
Bank Victoria International
JK:BVIC
|
$112.19 Million |
|
Dinhvu Port Investment Development JSC
VN:DVP
|
$112.16 Million |
|
Ultra Chip
TWO:3141
|
$112.14 Million |
|
KPS Corporation
KQ:256940
|
$112.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trigg Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 984,259 to 5,022,665, a change of 4,038,406 (410.3%).
- Net loss of 17,432,822 reduced equity.
- Share repurchases of 7,751,790 reduced equity.
- Other comprehensive income increased equity by 8,181,258.
- Other factors increased equity by 21,041,760.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-17.43 Million | -347.08% |
| Share Repurchases | AU$7.75 Million | -154.34% |
| Other Comprehensive Income | AU$8.18 Million | +162.89% |
| Other Changes | AU$21.04 Million | +418.94% |
| Total Change | AU$- | 410.30% |
Book Value vs Market Value Analysis
This analysis compares Trigg Minerals 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: 18.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | AU$0.00 | AU$0.13 | x |
| 2017-06-30 | AU$0.00 | AU$0.13 | x |
| 2018-06-30 | AU$0.00 | AU$0.13 | x |
| 2019-06-30 | AU$0.00 | AU$0.13 | x |
| 2020-06-30 | AU$0.03 | AU$0.13 | x |
| 2021-06-30 | AU$0.05 | AU$0.13 | x |
| 2022-06-30 | AU$0.26 | AU$0.13 | x |
| 2023-06-30 | AU$0.01 | AU$0.13 | x |
| 2024-06-30 | AU$0.00 | AU$0.13 | x |
| 2025-06-30 | AU$0.01 | AU$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trigg Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -347.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11175.24%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.11x
- Recent ROE (-347.08%) is below the historical average (-341.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-68.90 |
| 2017 | -29.36% | 0.00% | 0.00x | 2.95x | AU$-333.80 |
| 2018 | -2063.83% | 0.00% | 0.00x | 1.78x | AU$-3.27 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.07 Million |
| 2020 | -207.50% | 0.00% | 0.00x | 1.14x | AU$-3.69 Million |
| 2021 | -84.26% | 0.00% | 0.00x | 1.08x | AU$-3.87 Million |
| 2022 | -15.43% | 0.00% | 0.00x | 1.03x | AU$-5.48 Million |
| 2023 | -423.07% | -57417.75% | 0.01x | 1.18x | AU$-5.15 Million |
| 2024 | -247.08% | -371855.96% | 0.00x | 1.77x | AU$-2.53 Million |
| 2025 | -347.08% | -11175.24% | 0.03x | 1.11x | AU$-17.94 Million |
Industry Comparison
This section compares Trigg Minerals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $4,853,937
- Average return on equity (ROE) among peers: -16.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trigg Minerals Ltd (TMG) | AU$5.02 Million | 0.00% | 0.11x | $112.23 Million |
| Morella Corporation Ltd (1MC) | $11.54 Million | -25.76% | 0.46x | $8.34 Million |
| Amaero Ltd (3DA) | $13.04 Million | -0.63% | 0.03x | $239.27 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $169.25 Million |
| Atlantic Lithium Ltd (A11) | $30.15 Million | -43.08% | 0.22x | $162.00 Million |
| African Gold Ltd (A1G) | $11.08 Million | -18.17% | 0.05x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.82 Million | -15.47% | 0.06x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $2.06 Million | -45.38% | 5.00x | $14.72 Million |
| Accent Resources NL (ACS) | $-3.42 Million | 0.00% | 0.00x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.08 Million |
| Andromeda Metals Ltd (ADN) | $4.85 Million | -7.89% | 0.06x | $26.17 Million |
About Trigg Minerals Ltd
Trigg Minerals Limited engages in the exploration, evaluation, and development of mineral resources in Australia. The company explores for antimony, tungsten, and gold. Its flagship project is the Antimony Canyon Project located in Utah, the United States. Trigg Minerals Limited was formerly known as Trigg Mining Limited and changed its name to Trigg Minerals Limited in August 2022. Trigg Mineral… Read more