TROUBADOUR RESOURCES INC. (2QD0) - Net Assets
Based on the latest financial reports, TROUBADOUR RESOURCES INC. (2QD0) has net assets worth €7.24 Million EUR (≈ $8.47 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.57 Million ≈ $8.85 Million USD) and total liabilities (€325.75K ≈ $380.84K 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. Read 2QD0 total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.24 Million |
| % of Total Assets | 95.7% |
| Annual Growth Rate | 69.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 263.77 |
TROUBADOUR RESOURCES INC. - Net Assets Trend (2021–2024)
This chart illustrates how TROUBADOUR RESOURCES INC.'s net assets have evolved over time, based on quarterly financial data. Also explore TROUBADOUR RESOURCES INC. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for TROUBADOUR RESOURCES INC. (2021–2024)
The table below shows the annual net assets of TROUBADOUR RESOURCES INC. from 2021 to 2024. For live valuation and market cap data, see how much is TROUBADOUR RESOURCES INC. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €7.88 Million ≈ $9.21 Million |
+546.65% |
| 2023-12-31 | €1.22 Million ≈ $1.42 Million |
-16.60% |
| 2022-12-31 | €1.46 Million ≈ $1.71 Million |
-9.12% |
| 2021-12-31 | €1.61 Million ≈ $1.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TROUBADOUR RESOURCES INC.'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 259187600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €12.39 Million | 157.34% |
| Total Equity | €7.88 Million | 100.00% |
TROUBADOUR RESOURCES INC. Competitors by Market Cap
The table below lists competitors of TROUBADOUR RESOURCES INC. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NANOSPHERE
F:3NS
|
$1.14 Million |
|
Xplore Resources Corp
V:XPLR
|
$1.14 Million |
|
IMMUTABLE HOLDINGS INC.
F:B8X0
|
$1.14 Million |
|
RM Plc
LSE:RM
|
$1.14 Million |
|
Starbox Group Holdings Ltd. Ordinary Shares
NASDAQ:STBX
|
$1.14 Million |
|
Universal Ibogaine Inc
V:IBO
|
$1.13 Million |
|
CT UK High Income Ord
LSE:CHI
|
$1.13 Million |
|
Candela Invest SA
BR:CAND
|
$1.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TROUBADOUR RESOURCES INC.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,218,028 to 7,876,369, a change of 6,658,341 (546.6%).
- Net loss of 2,096,543 reduced equity.
- New share issuances of 4,455,000 increased equity.
- Other factors increased equity by 4,299,884.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.10 Million | -26.62% |
| Share Issuances | €4.46 Million | +56.56% |
| Other Changes | €4.30 Million | +54.59% |
| Total Change | €- | 546.65% |
Book Value vs Market Value Analysis
This analysis compares TROUBADOUR RESOURCES INC.'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: 0.12x
- 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 |
|---|---|---|---|
| 2021-12-31 | €0.11 | €0.01 | x |
| 2022-12-31 | €0.10 | €0.01 | x |
| 2023-12-31 | €0.08 | €0.01 | x |
| 2024-12-31 | €0.11 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TROUBADOUR RESOURCES INC. 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): -26.62%
- 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: 1.08x
- Recent ROE (-26.62%) is below the historical average (-21.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -22.03% | 0.00% | 0.00x | 1.15x | €-514.76K |
| 2022 | -17.32% | 0.00% | 0.00x | 1.25x | €-398.93K |
| 2023 | -19.90% | 0.00% | 0.00x | 1.46x | €-364.25K |
| 2024 | -26.62% | 0.00% | 0.00x | 1.08x | €-2.88 Million |
Industry Comparison
This section compares TROUBADOUR RESOURCES INC.'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: $2,270,261
- Average return on equity (ROE) among peers: -82.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TROUBADOUR RESOURCES INC. (2QD0) | €7.24 Million | -22.03% | 0.04x | $1.14 Million |
| Scandium International Mining Corp (0E6) | $3.10 Million | -89.51% | 0.07x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $1.58 Million | -239.63% | 0.85x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.41 Million | -62.75% | 0.22x | $211.57K |
| Benz Mining Corp (1VU) | $397.62K | -109.93% | 0.20x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $542.41K | -182.64% | 0.26x | $6.64 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.27 Million |
| CDN Maverick Capital Corp. (338B) | $2.26 Million | -31.56% | 0.04x | $2.48 Million |
| Adriatic Metals Plc (3FN) | $10.25 Million | -23.59% | 0.02x | $1.23 Billion |
About TROUBADOUR RESOURCES INC.
Troubadour Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, molybdenum, tungsten, silver, zinc, lead, uranium, volcanogenic massive sulfide, and gold deposits. Its flagship project is the 100% owned Senneville gold-copper project, which consists of 230 mineral claims covering an area of approximately 130 squar… Read more