Tennant Minerals Ltd (TMS) - Net Assets

Latest as of June 2025: AU$14.00 Million AUD ≈ $9.91 Million USD

Based on the latest financial reports, Tennant Minerals Ltd (TMS) has net assets worth AU$14.00 Million AUD (≈ $9.91 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$14.30 Million ≈ $10.12 Million USD) and total liabilities (AU$299.10K ≈ $211.63K 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 TMS financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Tennant Minerals Ltd's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Tennant Minerals Ltd worth.

Year	Net Assets	Change
2024-12-31	AU$14.00 Million ≈ $9.91 Million	+235.30%
2023-12-31	AU$4.18 Million ≈ $2.96 Million	+19.76%
2022-12-31	AU$3.49 Million ≈ $2.47 Million	-10.26%
2021-12-31	AU$3.89 Million ≈ $2.75 Million	+185.65%
2020-12-31	AU$1.36 Million ≈ $962.68K	+186.51%
2019-12-31	AU$474.88K ≈ $336.01K	+4.38%
2018-12-31	AU$454.95K ≈ $321.91K	-66.32%
2017-12-31	AU$1.35 Million ≈ $955.70K	+140.52%
2016-12-31	AU$561.57K ≈ $397.35K	+7.31%
2015-12-31	AU$523.30K ≈ $370.27K	+127.75%
2014-12-31	AU$229.77K ≈ $162.58K	-71.47%
2013-12-31	AU$805.41K ≈ $569.88K	+130.62%
2012-12-31	AU$349.24K ≈ $247.11K	+7.37%
2011-12-31	AU$325.25K ≈ $230.14K	-78.81%
2010-12-31	AU$1.54 Million ≈ $1.09 Million	+33.04%
2009-12-31	AU$1.15 Million ≈ $816.52K	+56.49%
2008-12-31	AU$737.44K ≈ $521.79K	-96.63%
2007-12-31	AU$21.91 Million ≈ $15.50 Million	-5.45%
2006-12-31	AU$23.17 Million ≈ $16.39 Million	-7.18%
2005-12-31	AU$24.96 Million ≈ $17.66 Million	+102.86%
2004-12-31	AU$12.30 Million ≈ $8.71 Million	+1229.33%
2003-12-31	AU$925.58K ≈ $654.90K	--

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
Chakana Copper Corp V:PERU	$5.28 Million
Gresham House Energy Storage Fund PLC LSE:GRID	$5.28 Million
Kia Lim Bhd KLSE:6211	$5.29 Million
abrdn Asian Income Fund Limited LSE:AAIF	$5.29 Million
Global Power Solutions Corp. V:PWER	$5.28 Million
FEEDBACK PLC LS-5 F:GZM0	$5.28 Million
Envy Technologies Indonesia Tbk PT JK:ENVY	$5.27 Million
Dominion Minerals Ltd AU:DLM	$5.27 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: $5,711,623
Average return on equity (ROE) among peers: -27.49%

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	$5.28 Million
Morella Corporation Ltd (1MC)	$16.53 Million	-35.29%	0.29x	$8.08 Million
Amaero Ltd (3DA)	$29.43 Million	-63.84%	0.70x	$252.75 Million
6K Additive Inc (6KA)	$-42.72 Million	0.00%	0.00x	$160.74 Million
Atlantic Lithium Ltd (A11)	$789.39K	-143.95%	0.47x	$151.02 Million
African Gold Ltd (A1G)	$11.13 Million	-22.75%	0.07x	$419.02 Million
Albright Metals Ltd (ABR)	$10.99 Million	-9.29%	0.07x	$3.68 Million
Audalia Resources Ltd (ACP)	$4.75 Million	-16.80%	1.00x	$14.72 Million
Accent Resources NL (ACS)	$4.38 Million	-14.12%	0.03x	$16.28 Million
Acdc Metals Ltd (ADC)	$10.58 Million	-4.74%	0.03x	$3.13 Million
Andromeda Metals Ltd (ADN)	$11.27 Million	35.85%	0.04x	$26.17 Million

About Tennant Minerals Ltd

AU:TMS Australia Other Industrial Metals & Mining

Market Cap

$5.28 Million

AU$7.46 Million AUD

Market Cap Rank

#28242 Global

#1547 in Australia

Share Price

AU$0.01

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.01

All Time High

AU$0.15