Tennant Minerals Ltd

AU:TMS Australia Other Industrial Metals & Mining
Market Cap
$4.62 Million
AU$7.46 Million AUD
Market Cap Rank
#32573 Global
#1076 in Australia
Share Price
AU$0.01
Change (1 day)
-12.50%
52-Week Range
AU$0.01 - AU$0.02
All Time High
AU$0.15
Categories
Companies in Australia Other Industrial Metals & Mining
About

Tennant Minerals Limited engages in the exploration, development, and mining of minerals. The company explore for gold and copper deposits. Its key assets include the 100% owned Barkly Project that comprises two exploration licenses; and the Babbler project located in the Northern Territory, Australia. The company was formerly known as Tennant Minerals NL and changed its name to Tennant Minerals … Read more

Tennant Minerals Ltd (TMS) - Net Assets

Latest net assets as of June 2025: AU$14.00 Million AUD

Based on the latest financial reports, Tennant Minerals Ltd (TMS) has net assets worth AU$14.00 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$14.30 Million) and total liabilities (AU$299.10K). 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$14.00 Million
% of Total Assets 97.91%
Annual Growth Rate 13.81%
5-Year Change 929.32%
10-Year Change 2576.18%
Growth Volatility 268.45

Tennant Minerals Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Tennant Minerals 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 Tennant Minerals Ltd (2003–2024)

The table below shows the annual net assets of Tennant Minerals Ltd from 2003 to 2024.

Year Net Assets Change
2024-12-31 AU$14.00 Million +235.30%
2023-12-31 AU$4.18 Million +19.76%
2022-12-31 AU$3.49 Million -10.26%
2021-12-31 AU$3.89 Million +185.65%
2020-12-31 AU$1.36 Million +186.51%
2019-12-31 AU$474.88K +4.38%
2018-12-31 AU$454.95K -66.32%
2017-12-31 AU$1.35 Million +140.52%
2016-12-31 AU$561.57K +7.31%
2015-12-31 AU$523.30K +127.75%
2014-12-31 AU$229.77K -71.47%
2013-12-31 AU$805.41K +130.62%
2012-12-31 AU$349.24K +7.37%
2011-12-31 AU$325.25K -78.81%
2010-12-31 AU$1.54 Million +33.04%
2009-12-31 AU$1.15 Million +56.49%
2008-12-31 AU$737.44K -96.63%
2007-12-31 AU$21.91 Million -5.45%
2006-12-31 AU$23.17 Million -7.18%
2005-12-31 AU$24.96 Million +102.86%
2004-12-31 AU$12.30 Million +1229.33%
2003-12-31 AU$925.58K --

Equity Component Analysis

This analysis shows how different components contribute to Tennant 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 3998801600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$53.46 Million 381.67%
Other Comprehensive Income AU$2.21 Million 15.79%
Total Equity AU$14.01 Million 100.00%

Tennant Minerals Ltd Competitors by Market Cap

The table below lists competitors of Tennant Minerals Ltd ranked by their market capitalization.

Company Market Cap
Thai-German Products Public Company Limited
BK:TGPRO
 		$3.46 Million
Magna Terra Minerals Inc
PINK:BRIOF
 		$3.46 Million
AT Systematization Bhd
KLSE:0072
 		$3.46 Million
Levinstein Prop
TA:LVPR
 		$3.46 Million
Intervacc AB (publ)
F:2E9
 		$3.46 Million
InTiCa Systems SE
LSE:0J9S
 		$3.46 Million
FOM Technologies A/S
CO:FOM
 		$3.45 Million
Trust-Search Corp.,Ltd.
TWO:3115
 		$3.45 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,179,198 to 14,006,868, a change of 9,827,670 (235.2%).
  • Net loss of 1,426,017 reduced equity.
  • Share repurchases of 550,000 reduced equity.
  • Other comprehensive income increased equity by 651,806.
  • Other factors increased equity by 11,151,881.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-1.43 Million -10.18%
Share Repurchases AU$550.00K -3.93%
Other Comprehensive Income AU$651.81K +4.65%
Other Changes AU$11.15 Million +79.62%
Total Change AU$- 235.16%

Book Value vs Market Value Analysis

This analysis compares Tennant 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: 0.48x
  • 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 decreased from 1.14x to 0.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 AU$0.01 AU$0.01 x
2004-12-31 AU$0.08 AU$0.01 x
2005-12-31 AU$0.15 AU$0.01 x
2006-12-31 AU$0.13 AU$0.01 x
2007-12-31 AU$0.12 AU$0.01 x
2008-12-31 AU$0.00 AU$0.01 x
2009-12-31 AU$0.00 AU$0.01 x
2010-12-31 AU$0.00 AU$0.01 x
2011-12-31 AU$0.00 AU$0.01 x
2012-12-31 AU$0.01 AU$0.01 x
2013-12-31 AU$0.02 AU$0.01 x
2014-12-31 AU$0.01 AU$0.01 x
2015-12-31 AU$0.01 AU$0.01 x
2016-12-31 AU$0.01 AU$0.01 x
2017-12-31 AU$0.02 AU$0.01 x
2018-12-31 AU$0.01 AU$0.01 x
2019-12-31 AU$0.00 AU$0.01 x
2020-12-31 AU$0.01 AU$0.01 x
2021-12-31 AU$0.01 AU$0.01 x
2022-12-31 AU$0.01 AU$0.01 x
2023-12-31 AU$0.01 AU$0.01 x
2024-12-31 AU$0.01 AU$0.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tennant 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): -10.18%
  • 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: 1.02x
  • Recent ROE (-10.18%) is above the historical average (-253.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 -5.72% 0.00% 0.00x 1.80x AU$-145.48K
2004 0.41% 0.00% 0.00x 1.05x AU$-1.18 Million
2005 1.27% 19.08% 0.06x 1.07x AU$-2.18 Million
2006 -12.09% -283.03% 0.04x 1.08x AU$-5.12 Million
2007 -8.69% -239.80% 0.03x 1.08x AU$-4.09 Million
2008 -2817.83% -525.76% 1.27x 4.23x AU$-20.85 Million
2009 -111.90% -162.80% 0.26x 2.69x AU$-1.41 Million
2010 -88.83% -1554.88% 0.02x 2.31x AU$-1.52 Million
2011 -785.59% 0.00% 0.00x 6.83x AU$-2.59 Million
2012 -339.11% 0.00% 0.00x 6.63x AU$-1.22 Million
2013 28.29% 0.00% 0.00x 2.21x AU$147.16K
2014 -326.29% 0.00% 0.00x 2.66x AU$-768.49K
2015 -137.88% 0.00% 0.00x 1.49x AU$-772.92K
2016 -50.90% 0.00% 0.00x 1.35x AU$-343.51K
2017 -72.88% 0.00% 0.00x 1.04x AU$-1.12 Million
2018 -246.06% 0.00% 0.00x 1.22x AU$-1.17 Million
2019 -186.55% 0.00% 0.00x 1.43x AU$-938.20K
2020 -203.72% 0.00% 0.00x 1.10x AU$-2.91 Million
2021 -69.03% 0.00% 0.00x 1.25x AU$-3.07 Million
2022 -144.03% 0.00% 0.00x 1.34x AU$-5.38 Million
2023 -0.09% 0.00% 0.00x 1.12x AU$-421.84K
2024 -10.18% 0.00% 0.00x 1.02x AU$-2.83 Million

Industry Comparison

This section compares Tennant 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: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tennant Minerals Ltd (TMS) AU$14.00 Million -5.72% 0.02x $3.46 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million