Tronox Holdings PLC (TROX) - Net Assets
Based on the latest financial reports, Tronox Holdings PLC (TROX) has net assets worth $1.45 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.22 Billion) and total liabilities ($4.77 Billion). 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 Tronox Holdings PLC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.45 Billion |
| % of Total Assets | 23.31% |
| Annual Growth Rate | 1.27% |
| 5-Year Change | -29.04% |
| 10-Year Change | 24.81% |
| Growth Volatility | 86.23 |
Tronox Holdings PLC - Net Assets Trend (2001–2025)
This chart illustrates how Tronox Holdings PLC's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Tronox Holdings PLC for the complete picture of this company's asset base.
Annual Net Assets for Tronox Holdings PLC (2001–2025)
The table below shows the annual net assets of Tronox Holdings PLC from 2001 to 2025. For live valuation and market cap data, see TROX market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.45 Billion | -19.10% |
| 2024-12-31 | $1.79 Billion | -9.55% |
| 2023-12-31 | $1.98 Billion | -17.60% |
| 2022-12-31 | $2.40 Billion | +17.68% |
| 2021-12-31 | $2.04 Billion | +9.14% |
| 2020-12-31 | $1.87 Billion | +104.26% |
| 2019-12-31 | $916.00 Million | +6.26% |
| 2018-12-31 | $862.00 Million | -15.07% |
| 2017-12-31 | $1.01 Billion | -12.58% |
| 2016-12-31 | $1.16 Billion | +4.59% |
| 2015-12-31 | $1.11 Billion | -37.92% |
| 2014-12-31 | $1.79 Billion | -26.63% |
| 2013-12-31 | $2.44 Billion | -15.44% |
| 2012-12-31 | $2.88 Billion | +283.09% |
| 2011-12-31 | $752.30 Million | +219.41% |
| 2010-12-31 | $-630.00 Million | -2.74% |
| 2009-12-31 | $-613.20 Million | -242.74% |
| 2007-12-31 | $429.60 Million | -1.76% |
| 2006-12-31 | $437.30 Million | -10.57% |
| 2005-12-31 | $489.00 Million | -45.05% |
| 2004-12-31 | $889.90 Million | -12.00% |
| 2003-12-31 | $1.01 Billion | -4.82% |
| 2002-12-31 | $1.06 Billion | -0.84% |
| 2001-12-31 | $1.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tronox Holdings 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 grown by 3000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $30.00 Million | 2.12% |
| Common Stock | $2.00 Million | 0.14% |
| Other Comprehensive Income | $-717.00 Million | -50.56% |
| Other Components | $2.10 Billion | 148.31% |
| Total Equity | $1.42 Billion | 100.00% |
Tronox Holdings PLC Competitors by Market Cap
The table below lists competitors of Tronox Holdings PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangxi Huangshanghuang Group Food Co Ltd
SHE:002695
|
$1.07 Billion |
|
Savara Inc
NASDAQ:SVRA
|
$1.07 Billion |
|
Hiconics Drive Tech Co
SHE:300048
|
$1.07 Billion |
|
China High-Speed Railway Technology
SHE:000008
|
$1.07 Billion |
|
Brighton-Best International Taiwan
TWO:8415
|
$1.07 Billion |
|
Nine Entertainment Co. Holdings Ltd
AU:NEC
|
$1.07 Billion |
|
Community Trust Bancorp Inc
NASDAQ:CTBI
|
$1.07 Billion |
|
Nanjing Develop Advanced Manufacturing Co Ltd
SHG:688377
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tronox Holdings PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,761,000,000 to 1,418,000,000, a change of -343,000,000 (-19.5%).
- Net loss of 470,000,000 reduced equity.
- Dividend payments of 48,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 163,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-470.00 Million | -33.15% |
| Dividends Paid | $48.00 Million | -3.39% |
| Other Comprehensive Income | $163.00 Million | +11.5% |
| Other Changes | $12.00 Million | +0.85% |
| Total Change | $- | -19.48% |
Book Value vs Market Value Analysis
This analysis compares Tronox Holdings 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: 1.13x
- 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 1.95x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $5.18 | $10.12 | x |
| 2002-12-31 | $4.94 | $10.12 | x |
| 2003-12-31 | $4.54 | $10.12 | x |
| 2004-12-31 | $7.78 | $10.12 | x |
| 2005-12-31 | $3.99 | $10.12 | x |
| 2006-12-31 | $2.14 | $10.12 | x |
| 2007-12-31 | $2.11 | $10.12 | x |
| 2009-12-31 | $-2.98 | $10.12 | x |
| 2010-12-31 | $-3.84 | $10.12 | x |
| 2011-12-31 | $4.58 | $10.12 | x |
| 2012-12-31 | $26.12 | $10.12 | x |
| 2013-12-31 | $19.73 | $10.12 | x |
| 2014-12-31 | $14.09 | $10.12 | x |
| 2015-12-31 | $8.64 | $10.12 | x |
| 2016-12-31 | $8.76 | $10.12 | x |
| 2017-12-31 | $6.94 | $10.12 | x |
| 2018-12-31 | $5.56 | $10.12 | x |
| 2019-12-31 | $5.35 | $10.12 | x |
| 2020-12-31 | $11.72 | $10.12 | x |
| 2021-12-31 | $12.62 | $10.12 | x |
| 2022-12-31 | $15.00 | $10.12 | x |
| 2023-12-31 | $12.38 | $10.12 | x |
| 2024-12-31 | $11.16 | $10.12 | x |
| 2025-12-31 | $8.95 | $10.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tronox Holdings 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): -33.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.22%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 4.38x
- Recent ROE (-33.15%) is below the historical average (0.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -10.02% | -10.50% | 0.63x | 1.52x | $-214.54 Million |
| 2002 | -9.16% | -9.14% | 0.61x | 1.63x | $-203.54 Million |
| 2003 | -9.17% | -7.97% | 0.64x | 1.79x | $-193.82 Million |
| 2004 | -14.34% | -9.80% | 0.82x | 1.79x | $-216.59 Million |
| 2005 | 3.84% | 1.38% | 0.78x | 3.60x | $-30.10 Million |
| 2006 | -0.05% | -0.01% | 0.77x | 4.17x | $-43.93 Million |
| 2007 | -24.77% | -7.46% | 0.83x | 4.01x | $-149.36 Million |
| 2009 | 0.00% | -3.60% | 0.96x | 0.00x | $22.82 Million |
| 2010 | 0.00% | 0.49% | 1.11x | 0.00x | $69.00 Million |
| 2011 | 116.02% | 52.86% | 1.00x | 2.20x | $797.57 Million |
| 2012 | 42.81% | 61.90% | 0.33x | 2.08x | $869.10 Million |
| 2013 | -5.63% | -6.56% | 0.34x | 2.55x | $-349.80 Million |
| 2014 | -26.52% | -24.58% | 0.34x | 3.15x | $-588.00 Million |
| 2015 | -31.86% | -15.06% | 0.42x | 5.08x | $-417.80 Million |
| 2016 | -6.00% | -2.91% | 0.42x | 4.87x | $-162.70 Million |
| 2017 | -34.38% | -16.78% | 0.35x | 5.87x | $-367.90 Million |
| 2018 | -1.02% | -0.38% | 0.39x | 6.80x | $-75.30 Million |
| 2019 | -14.57% | -4.13% | 0.50x | 7.04x | $-183.80 Million |
| 2020 | 57.07% | 35.13% | 0.42x | 3.87x | $799.20 Million |
| 2021 | 14.34% | 8.01% | 0.60x | 3.00x | $86.60 Million |
| 2022 | 21.09% | 14.39% | 0.55x | 2.68x | $261.30 Million |
| 2023 | -16.32% | -11.09% | 0.46x | 3.17x | $-509.60 Million |
| 2024 | -2.73% | -1.56% | 0.51x | 3.43x | $-224.10 Million |
| 2025 | -33.15% | -16.22% | 0.47x | 4.38x | $-611.80 Million |
Industry Comparison
This section compares Tronox Holdings PLC's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $3,299,869,801
- Average return on equity (ROE) among peers: 8.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tronox Holdings PLC (TROX) | $1.45 Billion | -10.02% | 3.29x | $1.07 Billion |
| Synalloy Corporation (ACNT) | $38.95 Million | -0.82% | 0.79x | $125.57 Million |
| AdvanSix Inc (ASIX) | $420.34 Million | 15.76% | 1.46x | $435.20 Million |
| ASP Isotopes Inc. Common Stock (ASPI) | $6.00 Million | -43.48% | 0.19x | $526.71 Million |
| Braskem SA Class A (BAK) | $4.39 Billion | 15.74% | 2.39x | $665.97 Million |
| Celanese Corporation (CE) | $3.02 Billion | 29.79% | 1.77x | $6.44 Billion |
| Dow Inc (DOW) | $21.25 Billion | 21.57% | 1.85x | $22.66 Billion |
| Green Plains Renewable Energy Inc (GPRE) | $771.97 Million | -15.71% | 1.04x | $933.75 Million |
| Gulf Resources, Inc. (NV) Common Stock (GURE) | $264.22 Million | 5.68% | 0.05x | $5.65 Million |
| Huntsman Corporation (HUN) | $2.82 Billion | 19.90% | 1.95x | $2.04 Billion |
| Lsb Industries Inc (LXU) | $13.46 Million | 37.92% | 13.04x | $708.65 Million |
About Tronox Holdings PLC
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; high purity pig iron; monazite; feedstock; a… Read more