Tower Resources plc (TRP) - Net Assets
Based on the latest financial reports, Tower Resources plc (TRP) has net assets worth GBX36.59K GBX (≈ $4.45 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX39.88K ≈ $4.85 USD) and total liabilities (GBX3.29K ≈ $0.40 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 TRP total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX36.59K |
| % of Total Assets | 91.75% |
| Annual Growth Rate | 6.36% |
| 5-Year Change | 62.46% |
| 10-Year Change | 86594.02% |
| Growth Volatility | 23113.21 |
Tower Resources plc - Net Assets Trend (2006–2024)
This chart illustrates how Tower Resources plc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Tower Resources plc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Tower Resources plc (2006–2024)
The table below shows the annual net assets of Tower Resources plc from 2006 to 2024. For live valuation and market cap data, see Tower Resources plc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX35.70 Million ≈ $4.34K |
+7.04% |
| 2023-12-31 | GBX33.35 Million ≈ $4.06K |
+13.57% |
| 2022-12-31 | GBX29.36 Million ≈ $3.57K |
+11.22% |
| 2021-12-31 | GBX26.40 Million ≈ $3.21K |
+20.17% |
| 2020-12-31 | GBX21.97 Million ≈ $2.67K |
+100912.60% |
| 2019-12-31 | GBX21.75K ≈ $2.65 |
+16.26% |
| 2018-12-31 | GBX18.71K ≈ $2.28 |
-16.24% |
| 2017-12-31 | GBX22.34K ≈ $2.72 |
+9.14% |
| 2016-12-31 | GBX20.47K ≈ $2.49 |
-50.29% |
| 2015-12-31 | GBX41.17K ≈ $5.01 |
+2.41% |
| 2014-12-31 | GBX40.20K ≈ $4.89 |
-99.86% |
| 2013-12-31 | GBX29.59 Million ≈ $3.60K |
+96.51% |
| 2012-12-31 | GBX15.06 Million ≈ $1.83K |
+103.63% |
| 2011-12-31 | GBX7.40 Million ≈ $899.88 |
-72.89% |
| 2010-12-31 | GBX27.28 Million ≈ $3.32K |
-0.27% |
| 2009-12-31 | GBX27.36 Million ≈ $3.33K |
+85.77% |
| 2008-12-31 | GBX14.73 Million ≈ $1.79K |
+4.52% |
| 2007-12-31 | GBX14.09 Million ≈ $1.71K |
+19.69% |
| 2006-12-31 | GBX11.77 Million ≈ $1.43K |
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Equity Component Analysis
This analysis shows how different components contribute to Tower Resources plc'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 14135121161.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX18.53 Million | 51.92% |
| Other Comprehensive Income | GBX3.54 Million | 9.93% |
| Other Components | GBX155.25 Million | 434.94% |
| Total Equity | GBX35.70 Million | 100.00% |
Tower Resources plc Competitors by Market Cap
The table below lists competitors of Tower Resources plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scandion Oncology A/S
ST:SCOL
|
$103.58K |
|
Rockfire Resources plc
LSE:ROCK
|
$103.69K |
|
Pennant International Group plc
LSE:PEN
|
$104.15K |
|
Taptica International Ltd
LSE:TAP
|
$104.19K |
|
Conroy Gold & Natural Resources Plc
LSE:CGNR
|
$102.99K |
|
Titon Holdings Plc
LSE:TON
|
$102.65K |
|
Gresham House Renewable Energy VCT 1 plc
LSE:GV1O
|
$102.45K |
|
ECR Minerals plc
LSE:ECR
|
$102.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tower Resources plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,348,790 to 35,695,248, a change of 2,346,458 (7.0%).
- Net loss of 983,621 reduced equity.
- New share issuances of 2,537,435 increased equity.
- Other comprehensive income increased equity by 536,445.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-983.62K | -2.76% |
| Share Issuances | GBX2.54 Million | +7.11% |
| Other Comprehensive Income | GBX536.45K | +1.5% |
| Other Changes | GBX256.20K | +0.72% |
| Total Change | GBX- | 7.04% |
Book Value vs Market Value Analysis
This analysis compares Tower Resources plc'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: 12.41x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.01x to 12.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | GBX2.19 | GBX0.03 | x |
| 2006-12-31 | GBX8.69 | GBX0.03 | x |
| 2007-12-31 | GBX6.68 | GBX0.03 | x |
| 2008-12-31 | GBX6.78 | GBX0.03 | x |
| 2009-12-31 | GBX6.76 | GBX0.03 | x |
| 2010-12-31 | GBX6.74 | GBX0.03 | x |
| 2011-12-31 | GBX1.68 | GBX0.03 | x |
| 2012-12-31 | GBX2.53 | GBX0.03 | x |
| 2013-12-31 | GBX3.65 | GBX0.03 | x |
| 2014-12-31 | GBX0.00 | GBX0.03 | x |
| 2015-12-31 | GBX0.00 | GBX0.03 | x |
| 2016-12-31 | GBX0.00 | GBX0.03 | x |
| 2017-12-31 | GBX0.00 | GBX0.03 | x |
| 2018-12-31 | GBX0.00 | GBX0.03 | x |
| 2019-12-31 | GBX0.00 | GBX0.03 | x |
| 2020-12-31 | GBX0.02 | GBX0.03 | x |
| 2021-12-31 | GBX0.01 | GBX0.03 | x |
| 2022-12-31 | GBX0.01 | GBX0.03 | x |
| 2023-12-31 | GBX0.02 | GBX0.03 | x |
| 2024-12-31 | GBX0.00 | GBX0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tower Resources plc 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): -2.76%
- 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: 1.03x
- Recent ROE (-2.76%) is above the historical average (-15942.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -28.62% | 0.00% | 0.00x | 1.00x | GBX-381.91K |
| 2006 | -8.56% | 0.00% | 0.00x | 1.01x | GBX-2.18 Million |
| 2007 | -7.95% | 0.00% | 0.00x | 1.24x | GBX-2.53 Million |
| 2008 | -8.45% | 0.00% | 0.00x | 1.12x | GBX-2.72 Million |
| 2009 | -3.82% | 0.00% | 0.00x | 1.02x | GBX-3.78 Million |
| 2010 | -4.81% | 0.00% | 0.00x | 1.02x | GBX-4.04 Million |
| 2011 | -414.03% | 0.00% | 0.00x | 1.14x | GBX-31.36 Million |
| 2012 | -77.75% | 0.00% | 0.00x | 1.10x | GBX-13.21 Million |
| 2013 | -11.27% | 0.00% | 0.00x | 1.10x | GBX-6.30 Million |
| 2014 | -140794.19% | 0.00% | 0.00x | 1.10x | GBX-56.61 Million |
| 2015 | -23782.41% | 0.00% | 0.00x | 1.04x | GBX-9.80 Million |
| 2016 | -113788.59% | 0.00% | 0.00x | 1.07x | GBX-23.29 Million |
| 2017 | -7232.29% | 0.00% | 0.00x | 1.05x | GBX-1.62 Million |
| 2018 | -20426.98% | 0.00% | 0.00x | 1.07x | GBX-3.82 Million |
| 2019 | -12236.60% | 0.00% | 0.00x | 1.12x | GBX-2.66 Million |
| 2020 | -6.19% | 0.00% | 0.00x | 1.23x | GBX-3.56 Million |
| 2021 | -0.39% | 0.00% | 0.00x | 1.09x | GBX-2.74 Million |
| 2022 | -3.44% | 0.00% | 0.00x | 1.11x | GBX-3.95 Million |
| 2023 | -1.36% | 0.00% | 0.00x | 1.09x | GBX-3.79 Million |
| 2024 | -2.76% | 0.00% | 0.00x | 1.03x | GBX-4.55 Million |
Industry Comparison
This section compares Tower Resources plc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $87,289,784
- Average return on equity (ROE) among peers: 11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tower Resources plc (TRP) | GBX36.59K | -28.62% | 0.09x | $103.37K |
| Afentra PLC (AET) | $98.63 Million | 53.08% | 1.30x | $2.14 Million |
| Aminex PLC (AEX) | $92.44 Million | -5.77% | 0.16x | $1.30 Million |
| Angus Energy PLC (ANGS) | $1.92 Million | 100.49% | 0.65x | $129.12K |
| Ascent Resources plc (AST) | $4.83 Million | -8.31% | 0.01x | $61.66K |
| Block Energy PLC (BLOE) | $-60.00K | 0.00% | 0.00x | $135.95K |
| Borders & Southern Petroleum plc (BOR) | $295.56 Million | -0.47% | 0.00x | $1.11 Million |
| Cadogan Petroleum plc (CAD) | $177.30 Million | -8.27% | 0.03x | $129.86K |
| Challenger Energy Group PLC (CEG) | $51.16 Million | -1.92% | 0.01x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $148.25 Million | -10.05% | 0.01x | $575.39K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $20.44K |
About Tower Resources plc
Tower Resources plc engages in oil and gas exploration activities in Africa. It holds a 100% interest in the shallow water Thali production sharing contract that covers an area of 119.2 square kilometers located in the Rio del Rey basin, offshore Cameroon; and a 50% interest in the Algoa-Gamtoos license that covers an area of 9,369 square kilometers located in the offshore South Africa. The compa… Read more