Toubani Resources Ltd (TRE) - Net Assets
Based on the latest financial reports, Toubani Resources Ltd (TRE) has net assets worth AU$117.69 Million AUD (≈ $83.27 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$126.61 Million ≈ $89.59 Million USD) and total liabilities (AU$8.92 Million ≈ $6.31 Million 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 TRE intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$117.69 Million |
| % of Total Assets | 92.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | 3302.64% |
| 10-Year Change | 463.42% |
| Growth Volatility | 1007.98 |
Toubani Resources Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Toubani Resources Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Toubani Resources Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Toubani Resources Ltd (1997–2025)
The table below shows the annual net assets of Toubani Resources Ltd from 1997 to 2025. For live valuation and market cap data, see Toubani Resources Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$117.69 Million ≈ $83.27 Million |
+1267.70% |
| 2024-12-31 | AU$8.60 Million ≈ $6.09 Million |
+72.08% |
| 2023-12-31 | AU$5.00 Million ≈ $3.54 Million |
-0.34% |
| 2022-12-31 | AU$5.02 Million ≈ $3.55 Million |
+45.07% |
| 2021-12-31 | AU$3.46 Million ≈ $2.45 Million |
+2728.75% |
| 2020-12-31 | AU$122.27K ≈ $86.51K |
-99.49% |
| 2019-12-31 | AU$23.82 Million ≈ $16.85 Million |
+7.52% |
| 2018-12-31 | AU$22.15 Million ≈ $15.67 Million |
-12.99% |
| 2017-12-31 | AU$25.46 Million ≈ $18.02 Million |
+21.89% |
| 2016-12-31 | AU$20.89 Million ≈ $14.78 Million |
-5.10% |
| 2015-12-31 | AU$22.01 Million ≈ $15.57 Million |
+11.20% |
| 2014-12-31 | AU$19.79 Million ≈ $14.00 Million |
-19.26% |
| 2013-12-31 | AU$24.51 Million ≈ $17.34 Million |
-9.21% |
| 2012-12-31 | AU$27.00 Million ≈ $19.11 Million |
-17.01% |
| 2011-12-31 | AU$32.54 Million ≈ $23.02 Million |
+3.17% |
| 2010-12-31 | AU$31.54 Million ≈ $22.31 Million |
+43.48% |
| 2009-12-31 | AU$21.98 Million ≈ $15.55 Million |
+37.12% |
| 2008-12-31 | AU$16.03 Million ≈ $11.34 Million |
-11.86% |
| 2007-12-31 | AU$18.19 Million ≈ $12.87 Million |
+88.29% |
| 2006-12-31 | AU$9.66 Million ≈ $6.83 Million |
+45.55% |
| 2005-12-31 | AU$6.64 Million ≈ $4.70 Million |
-5.89% |
| 2004-12-31 | AU$7.05 Million ≈ $4.99 Million |
+11617.84% |
| 2003-12-31 | AU$-61.22K ≈ $-43.32K |
-224.78% |
| 2002-12-31 | AU$-18.85K ≈ $-13.34K |
-121.88% |
| 2001-12-31 | AU$86.16K ≈ $60.96K |
-14.46% |
| 2000-12-31 | AU$100.72K ≈ $71.27K |
+4366.56% |
| 1999-12-31 | AU$2.25K ≈ $1.60K |
-92.09% |
| 1998-12-31 | AU$28.52K ≈ $20.18K |
+210.62% |
| 1997-12-31 | AU$-25.78K ≈ $-18.24K |
-- |
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 13865780300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$250.94 Million | 213.23% |
| Other Comprehensive Income | AU$6.09 Million | 5.18% |
| Total Equity | AU$117.69 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 |
|---|---|
|
Lifecore Biomedical Inc.
NASDAQ:LFCR
|
$207.80 Million |
|
Gipta Ofis Kirtasiye ve Promosyon Ãrünleri Imalat Sanayi A.S.
IS:GIPTA
|
$207.84 Million |
|
Tantalus Systems Holding Inc
TO:GRID
|
$207.84 Million |
|
Pitanium Ltd
NASDAQ:PTNM
|
$207.93 Million |
|
Maschinenfabrik Berthold Hermle AG
F:MBH3
|
$207.52 Million |
|
Nam Kim Steel JSC
VN:NKG
|
$207.46 Million |
|
Metal Powder Works Ltd
AU:MPW
|
$207.38 Million |
|
Monument Mining Limited
V:MMY
|
$207.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toubani Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,604,802 to 117,688,200, a change of 109,083,398 (1267.7%).
- Net loss of 22,864,048 reduced equity.
- Share repurchases of 6,725,350 reduced equity.
- New share issuances of 137,123,327 increased equity.
- Other comprehensive income increased equity by 1,570,685.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-22.86 Million | -19.43% |
| Share Repurchases | AU$6.73 Million | -5.71% |
| Share Issuances | AU$137.12 Million | +116.51% |
| Other Comprehensive Income | AU$1.57 Million | +1.33% |
| Other Changes | AU$-21.22K | -0.02% |
| Total Change | AU$- | 1267.70% |
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: 0.78x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | AU$0.00 | AU$0.39 | x |
| 1998-12-31 | AU$0.61 | AU$0.39 | x |
| 1999-12-31 | AU$0.04 | AU$0.39 | x |
| 2000-12-31 | AU$1.71 | AU$0.39 | x |
| 2001-12-31 | AU$1.20 | AU$0.39 | x |
| 2002-12-31 | AU$-0.25 | AU$0.39 | x |
| 2003-12-31 | AU$-0.24 | AU$0.39 | x |
| 2004-12-31 | AU$8.60 | AU$0.39 | x |
| 2005-12-31 | AU$7.61 | AU$0.39 | x |
| 2006-12-31 | AU$9.64 | AU$0.39 | x |
| 2007-12-31 | AU$14.76 | AU$0.39 | x |
| 2008-12-31 | AU$11.13 | AU$0.39 | x |
| 2009-12-31 | AU$8.19 | AU$0.39 | x |
| 2010-12-31 | AU$8.44 | AU$0.39 | x |
| 2011-12-31 | AU$6.41 | AU$0.39 | x |
| 2012-12-31 | AU$5.26 | AU$0.39 | x |
| 2013-12-31 | AU$4.50 | AU$0.39 | x |
| 2014-12-31 | AU$2.95 | AU$0.39 | x |
| 2015-12-31 | AU$2.18 | AU$0.39 | x |
| 2016-12-31 | AU$1.87 | AU$0.39 | x |
| 2017-12-31 | AU$1.79 | AU$0.39 | x |
| 2018-12-31 | AU$1.39 | AU$0.39 | x |
| 2019-12-31 | AU$1.19 | AU$0.39 | x |
| 2020-12-31 | AU$0.00 | AU$0.39 | x |
| 2021-12-31 | AU$0.06 | AU$0.39 | x |
| 2022-12-31 | AU$0.07 | AU$0.39 | x |
| 2023-12-31 | AU$0.02 | AU$0.39 | x |
| 2024-12-31 | AU$0.05 | AU$0.39 | x |
| 2025-12-31 | AU$0.49 | AU$0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toubani Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2949.29%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.08x
- Recent ROE (-19.43%) is above the historical average (-371.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | -4638591.55% | 0.00x | 0.00x | AU$-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 | -21.93% | 0.00% | 0.00x | 1.14x | AU$-8.62 Million |
| 2013 | -10.34% | 0.00% | 0.00x | 1.07x | AU$-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$-4.83 Million |
| 2022 | -104.02% | -26696.83% | 0.00x | 1.18x | AU$-5.73 Million |
| 2023 | -416.47% | -104373.51% | 0.00x | 2.69x | AU$-9.94 Million |
| 2024 | -154.19% | -17252.11% | 0.01x | 1.09x | AU$-14.13 Million |
| 2025 | -19.43% | -2949.29% | 0.01x | 1.08x | AU$-34.63 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: $7,975,589
- Average return on equity (ROE) among peers: -44.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toubani Resources Ltd (TRE) | AU$117.69 Million | 0.00% | 0.08x | $207.68 Million |
| Australasian Metals Ltd (A8G) | $157.85K | -276.65% | 0.40x | $4.98 Million |
| Ariana Resources Plc (AA2) | $27.06 Million | 14.89% | 0.03x | $54.60 Million |
| Aruma Resources Ltd (AAJ) | $2.79 Million | -55.76% | 0.06x | $5.71 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $159.29 Million |
| Antilles Gold Ltd (AAU) | $-103.00K | 0.00% | 0.00x | $13.92 Million |
| Adelong Gold Ltd (ADG) | $1.94 Million | 30.79% | 0.03x | $9.43 Million |
| Ardiden Ltd (ADV) | $584.29K | -162.76% | 3.75x | $52.46 Million |
| Australian Gold and Copper Ltd (AGC) | $18.99 Million | -0.02% | 0.00x | $24.77 Million |
| Ark Mines Ltd (AHK) | $924.97K | -44.34% | 0.19x | $15.61 Million |
| Alkane Resources Ltd (ALK) | $16.14 Million | 0.00% | 0.09x | $1.55 Billion |
About Toubani Resources Ltd
Toubani Resources Limited engages in the exploration and development of properties in West Africa. The company primarily explores for gold deposits. It focuses on the Kobada Gold project located in Southern Mali. The company was incorporated in 2002 and is based in West Perth, Australia.