Toubani Resources Ltd
Toubani Resources Limited engages in the exploration and development of gold properties in West Africa. It focuses on the Kobada Gold project located in Southern Mali. The company was incorporated in 2002 and is based in West Perth, Australia.
Toubani Resources Ltd (TRE) - Net Assets
Latest net assets as of June 2025: AU$11.13 Million AUD
Based on the latest financial reports, Toubani Resources Ltd (TRE) has net assets worth AU$11.13 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$12.52 Million) and total liabilities (AU$1.39 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$11.13 Million |
| % of Total Assets | 88.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | 6937.48% |
| 10-Year Change | -60.9% |
| Growth Volatility | 1010.09 |
Toubani Resources Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Toubani Resources 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 Toubani Resources Ltd (1997–2024)
The table below shows the annual net assets of Toubani Resources Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$8.60 Million | +152.17% |
| 2023-12-31 | AU$3.41 Million | +8.57% |
| 2022-12-31 | AU$3.14 Million | -9.13% |
| 2021-12-31 | AU$3.46 Million | +2728.75% |
| 2020-12-31 | AU$122.27K | -99.49% |
| 2019-12-31 | AU$23.82 Million | +7.52% |
| 2018-12-31 | AU$22.15 Million | -12.99% |
| 2017-12-31 | AU$25.46 Million | +21.89% |
| 2016-12-31 | AU$20.89 Million | -5.10% |
| 2015-12-31 | AU$22.01 Million | +11.20% |
| 2014-12-31 | AU$19.79 Million | -19.26% |
| 2013-12-31 | AU$24.51 Million | -10.05% |
| 2012-12-31 | AU$27.25 Million | -16.24% |
| 2011-12-31 | AU$32.54 Million | +3.17% |
| 2010-12-31 | AU$31.54 Million | +43.48% |
| 2009-12-31 | AU$21.98 Million | +37.12% |
| 2008-12-31 | AU$16.03 Million | -11.86% |
| 2007-12-31 | AU$18.19 Million | +88.29% |
| 2006-12-31 | AU$9.66 Million | +45.55% |
| 2005-12-31 | AU$6.64 Million | -5.89% |
| 2004-12-31 | AU$7.05 Million | +11617.84% |
| 2003-12-31 | AU$-61.22K | -224.78% |
| 2002-12-31 | AU$-18.85K | -121.88% |
| 2001-12-31 | AU$86.16K | -14.46% |
| 2000-12-31 | AU$100.72K | +4366.56% |
| 1999-12-31 | AU$2.25K | -92.09% |
| 1998-12-31 | AU$28.52K | +210.62% |
| 1997-12-31 | AU$-25.78K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Toubani Resources 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 11579375500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$120.57 Million | 1401.16% |
| Other Comprehensive Income | AU$4.52 Million | 52.53% |
| Total Equity | AU$8.60 Million | 100.00% |
Toubani Resources Ltd Competitors by Market Cap
The table below lists competitors of Toubani Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hvidbjerg Bank
CO:HVID
|
$41.17 Million |
|
Eagle Cold Storage Enterprise Co Ltd
TWO:8905
|
$41.17 Million |
|
1-800 FLOWERS.COM Inc
NASDAQ:FLWS
|
$41.20 Million |
|
Lite Strategy, Inc.
NASDAQ:LITS
|
$41.20 Million |
|
Widepoint C
NYSE MKT:WYY
|
$41.16 Million |
|
MacroWell OMG Digital Entertainment Co Ltd
TWO:3687
|
$41.14 Million |
|
OS Therapies Incorporated
NYSE MKT:OSTX
|
$41.13 Million |
|
XXL ASA
OL:XXL
|
$41.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toubani Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,590,768 to 8,604,802, a change of 7,014,034 (440.9%).
- Net loss of 8,213,331 reduced equity.
- Share repurchases of 887,131 reduced equity.
- New share issuances of 13,998,637 increased equity.
- Other comprehensive income increased equity by 2,150,489.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-8.21 Million | -95.45% |
| Share Repurchases | AU$887.13K | -10.31% |
| Share Issuances | AU$14.00 Million | +162.68% |
| Other Comprehensive Income | AU$2.15 Million | +24.99% |
| Other Changes | AU$-34.63K | -0.4% |
| Total Change | AU$- | 440.92% |
Book Value vs Market Value Analysis
This analysis compares Toubani Resources 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: 9.06x
- 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 |
|---|---|---|---|
| 1997-12-31 | AU$0.00 | AU$0.45 | x |
| 1998-12-31 | AU$0.61 | AU$0.45 | x |
| 1999-12-31 | AU$0.04 | AU$0.45 | x |
| 2000-12-31 | AU$1.71 | AU$0.45 | x |
| 2001-12-31 | AU$1.20 | AU$0.45 | x |
| 2002-12-31 | AU$-0.25 | AU$0.45 | x |
| 2003-12-31 | AU$-0.24 | AU$0.45 | x |
| 2004-12-31 | AU$8.60 | AU$0.45 | x |
| 2005-12-31 | AU$7.61 | AU$0.45 | x |
| 2006-12-31 | AU$9.64 | AU$0.45 | x |
| 2007-12-31 | AU$14.76 | AU$0.45 | x |
| 2008-12-31 | AU$11.13 | AU$0.45 | x |
| 2009-12-31 | AU$8.19 | AU$0.45 | x |
| 2010-12-31 | AU$8.44 | AU$0.45 | x |
| 2011-12-31 | AU$6.41 | AU$0.45 | x |
| 2012-12-31 | AU$5.31 | AU$0.45 | x |
| 2013-12-31 | AU$4.50 | AU$0.45 | x |
| 2014-12-31 | AU$2.95 | AU$0.45 | x |
| 2015-12-31 | AU$2.18 | AU$0.45 | x |
| 2016-12-31 | AU$1.87 | AU$0.45 | x |
| 2017-12-31 | AU$1.79 | AU$0.45 | x |
| 2018-12-31 | AU$1.39 | AU$0.45 | x |
| 2019-12-31 | AU$1.19 | AU$0.45 | x |
| 2020-12-31 | AU$0.00 | AU$0.45 | x |
| 2021-12-31 | AU$0.06 | AU$0.45 | x |
| 2022-12-31 | AU$0.05 | AU$0.45 | x |
| 2023-12-31 | AU$0.01 | AU$0.45 | x |
| 2024-12-31 | AU$0.05 | AU$0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toubani Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -95.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17252.00%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.09x
- Recent ROE (-95.45%) is above the historical average (-381.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | -4638591.55% | 0.00x | 0.00x | AU$-30.36K |
| 1998 | -185.80% | -8151846.15% | 0.00x | 1.16x | AU$-55.84K |
| 1999 | -4221.11% | -13997941.18% | 0.00x | 4.03x | AU$-95.41K |
| 2000 | -74.40% | -11353484.85% | 0.00x | 1.07x | AU$-85.01K |
| 2001 | -95.08% | -13001904.76% | 0.00x | 1.17x | AU$-90.53K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-104.74K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-32.84K |
| 2004 | -27.92% | 0.00% | 0.00x | 1.19x | AU$-2.67 Million |
| 2005 | -31.68% | 0.00% | 0.00x | 1.18x | AU$-2.76 Million |
| 2006 | -22.19% | 0.00% | 0.00x | 1.08x | AU$-3.11 Million |
| 2007 | -5.69% | 0.00% | 0.00x | 1.06x | AU$-2.85 Million |
| 2008 | -20.16% | 0.00% | 0.00x | 1.09x | AU$-4.83 Million |
| 2009 | -4.42% | 0.00% | 0.00x | 1.04x | AU$-3.17 Million |
| 2010 | -12.55% | -28464.78% | 0.00x | 1.04x | AU$-7.11 Million |
| 2011 | -5.29% | -2931.79% | 0.00x | 1.04x | AU$-4.97 Million |
| 2012 | -21.73% | 0.00% | 0.00x | 1.12x | AU$-8.65 Million |
| 2013 | -10.34% | 0.00% | 0.00x | 1.07x | AU$-4.99 Million |
| 2014 | -27.82% | 0.00% | 0.00x | 1.08x | AU$-7.48 Million |
| 2015 | 17.54% | 0.00% | 0.00x | 1.08x | AU$1.66 Million |
| 2016 | -10.74% | 0.00% | 0.00x | 1.08x | AU$-4.33 Million |
| 2017 | -16.23% | -71361.76% | 0.00x | 1.05x | AU$-6.68 Million |
| 2018 | -4.30% | 0.00% | 0.00x | 1.07x | AU$-3.17 Million |
| 2019 | -20.03% | 0.00% | 0.00x | 1.19x | AU$-7.15 Million |
| 2020 | -5140.78% | 0.00% | 0.00x | 14.07x | AU$-6.30 Million |
| 2021 | -129.66% | 0.00% | 0.00x | 1.12x | AU$-4.83 Million |
| 2022 | -104.02% | -26696.05% | 0.00x | 1.18x | AU$-3.91 Million |
| 2023 | -416.47% | -104363.99% | 0.00x | 2.69x | AU$-6.78 Million |
| 2024 | -95.45% | -17252.00% | 0.01x | 1.09x | AU$-9.07 Million |
Industry Comparison
This section compares Toubani Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toubani Resources Ltd (TRE) | AU$11.13 Million | 0.00% | 0.13x | $41.17 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |