Titan Minerals Ltd (TTM) - Net Assets
Based on the latest financial reports, Titan Minerals Ltd (TTM) has net assets worth AU$90.98 Million AUD (≈ $64.38 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$94.35 Million ≈ $66.76 Million USD) and total liabilities (AU$3.36 Million ≈ $2.38 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 Titan Minerals Ltd (TTM) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$90.98 Million |
| % of Total Assets | 96.43% |
| Annual Growth Rate | 11.1% |
| 5-Year Change | 711.82% |
| 10-Year Change | N/A |
| Growth Volatility | 482.38 |
Titan Minerals Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Titan Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Titan Minerals Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Titan Minerals Ltd (2006–2024)
The table below shows the annual net assets of Titan Minerals Ltd from 2006 to 2024. For live valuation and market cap data, see Titan Minerals Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$92.68 Million ≈ $65.57 Million |
+37.01% |
| 2023-12-31 | AU$67.64 Million ≈ $47.86 Million |
+15.98% |
| 2022-12-31 | AU$58.32 Million ≈ $41.27 Million |
+10.48% |
| 2021-12-31 | AU$52.79 Million ≈ $37.35 Million |
+362.42% |
| 2020-12-31 | AU$11.42 Million ≈ $8.08 Million |
-16.48% |
| 2019-12-31 | AU$13.67 Million ≈ $9.67 Million |
-34.42% |
| 2018-12-31 | AU$20.84 Million ≈ $14.75 Million |
+1887.82% |
| 2017-12-31 | AU$1.05 Million ≈ $741.86K |
+104.12% |
| 2016-12-31 | AU$-25.47 Million ≈ $-18.02 Million |
+1.52% |
| 2015-12-31 | AU$-25.87 Million ≈ $-18.30 Million |
-604.16% |
| 2014-12-31 | AU$5.13 Million ≈ $3.63 Million |
-20.04% |
| 2013-12-31 | AU$6.42 Million ≈ $4.54 Million |
+145.73% |
| 2012-12-31 | AU$2.61 Million ≈ $1.85 Million |
+353.94% |
| 2011-12-31 | AU$575.18K ≈ $406.98K |
-98.36% |
| 2010-12-31 | AU$35.03 Million ≈ $24.79 Million |
-3.43% |
| 2009-12-31 | AU$36.28 Million ≈ $25.67 Million |
+21.57% |
| 2008-12-31 | AU$29.84 Million ≈ $21.11 Million |
-14.70% |
| 2007-12-31 | AU$34.98 Million ≈ $24.75 Million |
+113.02% |
| 2007-06-30 | AU$16.42 Million ≈ $11.62 Million |
+17.90% |
| 2006-12-31 | AU$13.93 Million ≈ $9.85 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Titan 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 25969173774.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$317.06 Million | 342.12% |
| Other Comprehensive Income | AU$36.94 Million | 39.86% |
| Total Equity | AU$92.68 Million | 100.00% |
Titan Minerals Ltd Competitors by Market Cap
The table below lists competitors of Titan Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quipt Home Medical Corp
NASDAQ:QIPT
|
$158.74 Million |
|
Prospector Metals Corp
V:PPP
|
$158.77 Million |
|
Lindsay Australia Ltd
AU:LAU
|
$158.86 Million |
|
Rent the Runway Inc
NASDAQ:RENT
|
$158.94 Million |
|
Oando PLC
JSE:OAO
|
$158.56 Million |
|
Ilyang Pharm
KO:007570
|
$158.52 Million |
|
Muhak Co. Ltd
KO:033920
|
$158.50 Million |
|
TON Strategy Co
NASDAQ:TONX
|
$158.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Titan Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,633,518 to 92,675,442, a change of 25,041,924 (37.0%).
- Net loss of 9,539,128 reduced equity.
- Share repurchases of 17,877,000 reduced equity.
- New share issuances of 17,877,000 increased equity.
- Other comprehensive income increased equity by 970,649.
- Other factors increased equity by 33,610,403.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-9.54 Million | -10.29% |
| Share Repurchases | AU$17.88 Million | -19.29% |
| Share Issuances | AU$17.88 Million | +19.29% |
| Other Comprehensive Income | AU$970.65K | +1.05% |
| Other Changes | AU$33.61 Million | +36.27% |
| Total Change | AU$- | 37.03% |
Book Value vs Market Value Analysis
This analysis compares Titan 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: 1.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | AU$773.73 | AU$0.78 | x |
| 2007-12-31 | AU$863.99 | AU$0.78 | x |
| 2008-12-31 | AU$696.44 | AU$0.78 | x |
| 2009-12-31 | AU$756.95 | AU$0.78 | x |
| 2010-12-31 | AU$548.89 | AU$0.78 | x |
| 2011-12-31 | AU$4.15 | AU$0.78 | x |
| 2013-12-31 | AU$42.57 | AU$0.78 | x |
| 2014-12-31 | AU$11.29 | AU$0.78 | x |
| 2015-12-31 | AU$-28.62 | AU$0.78 | x |
| 2016-12-31 | AU$-1.24 | AU$0.78 | x |
| 2017-12-31 | AU$0.03 | AU$0.78 | x |
| 2018-12-31 | AU$0.10 | AU$0.78 | x |
| 2019-12-31 | AU$0.05 | AU$0.78 | x |
| 2020-12-31 | AU$0.01 | AU$0.78 | x |
| 2021-12-31 | AU$0.41 | AU$0.78 | x |
| 2022-12-31 | AU$0.41 | AU$0.78 | x |
| 2023-12-31 | AU$0.51 | AU$0.78 | x |
| 2024-12-31 | AU$0.50 | AU$0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Titan Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-10.29%) is above the historical average (-484.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -11.71% | -1274.25% | 0.01x | 1.12x | AU$-3.02 Million |
| 2007 | -9.06% | -306.07% | 0.03x | 1.12x | AU$-6.67 Million |
| 2008 | -0.99% | -1.29% | 0.59x | 1.30x | AU$-3.28 Million |
| 2009 | -6.91% | -9.20% | 0.54x | 1.39x | AU$-6.13 Million |
| 2010 | -54.84% | -55.67% | 0.60x | 1.64x | AU$-22.71 Million |
| 2011 | -9253.29% | -388.61% | 0.44x | 54.30x | AU$-36.12 Million |
| 2013 | -25.35% | -33.94% | 0.27x | 2.72x | AU$-2.27 Million |
| 2014 | -142.85% | -447.23% | 0.07x | 4.65x | AU$-7.84 Million |
| 2015 | 0.00% | -2007.58% | 2.68x | 0.00x | AU$-28.13 Million |
| 2016 | 0.00% | -69.38% | 2.45x | 0.00x | AU$1.60 Million |
| 2017 | 1360.89% | 2862.77% | 0.11x | 4.28x | AU$14.16 Million |
| 2018 | -55.27% | -281.85% | 0.15x | 1.30x | AU$-13.60 Million |
| 2019 | -85.70% | -82.60% | 0.52x | 2.00x | AU$-13.08 Million |
| 2020 | -414.42% | -785.21% | 0.16x | 3.25x | AU$-48.45 Million |
| 2021 | -0.31% | 0.00% | 0.00x | 1.28x | AU$-5.44 Million |
| 2022 | -5.11% | 0.00% | 0.00x | 1.11x | AU$-8.81 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 1.13x | AU$-6.77 Million |
| 2024 | -10.29% | 0.00% | 0.00x | 1.06x | AU$-18.81 Million |
Industry Comparison
This section compares Titan Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,107,544
- Average return on equity (ROE) among peers: -107.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Titan Minerals Ltd (TTM) | AU$90.98 Million | -11.71% | 0.04x | $158.66 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.19 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $59.56 Million |
| Aruma Resources Ltd (AAJ) | $4.26 Million | -76.11% | 0.14x | $5.69 Million |
| Astral Resources NL (AAR) | $11.28 Million | 49.48% | 0.09x | $197.52 Million |
| Antilles Gold Ltd (AAU) | $4.86 Million | 10.22% | 0.16x | $28.68 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $11.32 Million |
| Ardiden Ltd (ADV) | $1.30 Million | -752.46% | 0.85x | $58.54 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $33.34 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $17.91 Million |
| Alkane Resources Ltd (ALK) | $303.00K | -0.66% | 2.68x | $1.39 Billion |
About Titan Minerals Ltd
Titan Minerals Limited engages in the exploration and development of mineral properties in Ecuador. It explores for gold and copper deposits. The company's flagship project is the 100% held Dynasty Gold Project that consists of five concessions covering an area of 139 square kilometers located in the Loja Province in southern Ecuador. Titan Minerals Limited is based in Subiaco, Australia.