Tocvan Ventures Corp (TV3) - Net Assets
Based on the latest financial reports, Tocvan Ventures Corp (TV3) has net assets worth €10.20 Million EUR as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.94 Million) and total liabilities (€2.74 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 | €10.20 Million |
| % of Total Assets | 78.81% |
| Annual Growth Rate | 128.45% |
| 5-Year Change | 393.46% |
| 10-Year Change | N/A |
| Growth Volatility | 189.43 |
Tocvan Ventures Corp - Net Assets Trend (2018–2024)
This chart illustrates how Tocvan Ventures Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tocvan Ventures Corp (2018–2024)
The table below shows the annual net assets of Tocvan Ventures Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | €7.91 Million | +56.45% |
| 2023-08-31 | €5.06 Million | +40.98% |
| 2022-08-31 | €3.59 Million | +30.25% |
| 2021-08-31 | €2.75 Million | +71.77% |
| 2020-08-31 | €1.60 Million | +371.70% |
| 2019-08-31 | €339.93K | +511.41% |
| 2018-08-31 | €55.60K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tocvan Ventures Corp'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 842043200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €16.35 Million | 206.65% |
| Total Equity | €7.91 Million | 100.00% |
Tocvan Ventures Corp Competitors by Market Cap
The table below lists competitors of Tocvan Ventures Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Candles Scandinavia AB Series B
ST:CANDLE-B
|
$34.11 Million |
|
JFB Construction Holdings Class A Common Stock
NASDAQ:JFB
|
$34.13 Million |
|
LIGHTON
PA:ALTAI
|
$34.15 Million |
|
Cypherpunk Technologies Inc.
NASDAQ:CYPH
|
$34.16 Million |
|
Accentis
BR:ACCB
|
$34.10 Million |
|
ALPHA EXPLORATION LTD
F:J0C
|
$34.09 Million |
|
ICU Girisim Sermayesi Yatirim Ortakligi A.S.
IS:ICUGS
|
$34.09 Million |
|
111 Inc
NASDAQ:YI
|
$34.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tocvan Ventures Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,057,562 to 7,912,413, a change of 2,854,851 (56.4%).
- Net loss of 1,171,463 reduced equity.
- New share issuances of 1,550,399 increased equity.
- Other factors increased equity by 2,475,915.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.17 Million | -14.81% |
| Share Issuances | €1.55 Million | +19.59% |
| Other Changes | €2.48 Million | +31.29% |
| Total Change | €- | 56.45% |
Book Value vs Market Value Analysis
This analysis compares Tocvan Ventures Corp'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: 2.88x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 78.11x to 2.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-08-31 | €0.01 | €0.44 | x |
| 2019-08-31 | €0.03 | €0.44 | x |
| 2020-08-31 | €0.07 | €0.44 | x |
| 2021-08-31 | €0.09 | €0.44 | x |
| 2022-08-31 | €0.10 | €0.44 | x |
| 2023-08-31 | €0.13 | €0.44 | x |
| 2024-08-31 | €0.15 | €0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tocvan Ventures Corp 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): -14.81%
- 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: 1.29x
- Recent ROE (-14.81%) is above the historical average (-47.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -47.31% | 0.00% | 0.00x | 1.12x | €-194.83K |
| 2020 | -58.68% | 0.00% | 0.00x | 1.06x | €-1.10 Million |
| 2021 | -52.29% | 0.00% | 0.00x | 1.03x | €-1.72 Million |
| 2022 | -61.30% | 0.00% | 0.00x | 2.13x | €-2.56 Million |
| 2023 | -48.81% | 0.00% | 0.00x | 1.56x | €-2.97 Million |
| 2024 | -14.81% | 0.00% | 0.00x | 1.29x | €-1.96 Million |
Industry Comparison
This section compares Tocvan Ventures Corp'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: $201,695,614
- Average return on equity (ROE) among peers: -137.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tocvan Ventures Corp (TV3) | €10.20 Million | -47.31% | 0.27x | $34.11 Million |
| SOUTH MANGAN.INV. HD-05 (00D0) | $1.98 Billion | -36.67% | 3.44x | $317.45 Million |
| Scandium International Mining Corp (0E6) | $1.33 Million | -158.28% | 0.03x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $3.83 Million | -181.11% | 0.41x | $27.77 Million |
| Waratah Minerals Limited (0FS0) | $18.80 Million | -32.51% | 0.11x | $124.98 Million |
| US Critical Metals Corp. (0IU) | $1.02 Million | -569.13% | 0.58x | $4.97 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.56 Million | -15.06% | 0.14x | $740.51K |
| United Lithium Corp. (0UL) | $12.70 Million | -87.66% | 0.04x | $9.22 Million |
| 14S0 (14S0) | $-2.26 Million | 0.00% | 0.00x | $2.92 Million |
| Manning Ventures Inc. (1H50) | $553.43K | -21.88% | 0.10x | $69.80K |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $8.47 Million |
About Tocvan Ventures Corp
Tocvan Ventures Corp. engages in the acquisition, exploration, and development of mineral properties in Mexico. The company explores for gold and silver deposits. It holds interest in the Pilar property covering an area of approximately 2,173 hectares located in Mexico; and the El Picacho property that includes 12 mining concessions covering an area of 2,395.33 hectares located in Sonora, Mexico.… Read more