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 Gran 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 hectares located in Sonora, Mexic… Read more
Tocvan Ventures Corp (TCVNF) - Net Assets
Latest net assets as of November 2025: $14.34 Million USD
Based on the latest financial reports, Tocvan Ventures Corp (TCVNF) has net assets worth $14.34 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.69 Million) and total liabilities ($2.35 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 | $14.34 Million |
| % of Total Assets | 85.91% |
| Annual Growth Rate | 118.17% |
| 5-Year Change | 375.14% |
| 10-Year Change | N/A |
| Growth Volatility | 179.94 |
Tocvan Ventures Corp - Net Assets Trend (2018–2025)
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 (2018–2025)
The table below shows the annual net assets of Tocvan Ventures Corp from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $13.09 Million | +65.39% |
| 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 922432400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $22.33 Million | 170.63% |
| Total Equity | $13.09 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 |
|---|---|
|
Apiam Animal Health Ltd
AU:AHX
|
$40.18 Million |
|
Travelzoo
NASDAQ:TZOO
|
$40.21 Million |
|
Ying Han Technology Co Ltd
TW:4562
|
$40.23 Million |
|
Horoz Lojistik Kargo Hizmetleri ve Ticaret Anonim Sirketi
IS:HOROZ
|
$40.23 Million |
|
Cerrado Gold Inc
OTCQX:CRDOF
|
$40.17 Million |
|
Balaji Telefilms Limited
NSE:BALAJITELE
|
$40.17 Million |
|
KWG Resources Inc
PINK:KWGBF
|
$40.16 Million |
|
Cornerstone Community Bancorp
PINK:CRSB
|
$40.16 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 2024 to 2025, total equity changed from 7,912,413 to 13,086,429, a change of 5,174,016 (65.4%).
- Net loss of 803,892 reduced equity.
- New share issuances of 1,143,587 increased equity.
- Other factors increased equity by 4,834,321.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-803.89K | -6.14% |
| Share Issuances | $1.14 Million | +8.74% |
| Other Changes | $4.83 Million | +36.94% |
| Total Change | $- | 65.39% |
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: 2.93x
- 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 106.65x to 2.93x 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 | $0.60 | x |
| 2019-08-31 | $0.03 | $0.60 | x |
| 2020-08-31 | $0.07 | $0.60 | x |
| 2021-08-31 | $0.09 | $0.60 | x |
| 2022-08-31 | $0.10 | $0.60 | x |
| 2023-08-31 | $0.13 | $0.60 | x |
| 2024-08-31 | $0.15 | $0.60 | x |
| 2025-08-31 | $0.21 | $0.60 | 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): -6.14%
- 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: 1.19x
- Recent ROE (-6.14%) is above the historical average (-41.33%), 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 |
| 2025 | -6.14% | 0.00% | 0.00x | 1.19x | $-2.11 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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tocvan Ventures Corp (TCVNF) | $14.34 Million | -47.31% | 0.16x | $40.17 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |