Temas Resources Corp
Temas Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for iron, titanium, and vanadium deposits. Its flagship property is 100% owned the La Blache property comprising 130 claims covering approximately an area of 7,000 hectares located in Quebec, Canada. The company was formerly known as Clean Earth Chemical Corp. and c… Read more
Temas Resources Corp (TMASF) - Net Assets
Latest net assets as of September 2025: $4.92 Million USD
Based on the latest financial reports, Temas Resources Corp (TMASF) has net assets worth $4.92 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 ($6.77 Million) and total liabilities ($1.85 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 | $4.92 Million |
| % of Total Assets | 72.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | -54.23% |
| 10-Year Change | N/A |
| Growth Volatility | 3589.61 |
Temas Resources Corp - Net Assets Trend (2018–2024)
This chart illustrates how Temas Resources 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 Temas Resources Corp (2018–2024)
The table below shows the annual net assets of Temas Resources Corp from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.23 Million | +7.89% |
| 2023-12-31 | $4.84 Million | -32.16% |
| 2022-12-31 | $7.14 Million | -34.11% |
| 2021-12-31 | $10.84 Million | -5.07% |
| 2020-12-31 | $11.42 Million | +8958.07% |
| 2019-12-31 | $126.04K | +315205.00% |
| 2018-12-31 | $-40.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Temas Resources 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 1358814600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $18.81 Million | 360.02% |
| Total Equity | $5.23 Million | 100.00% |
Temas Resources Corp Competitors by Market Cap
The table below lists competitors of Temas Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sego Resources Inc
V:SGZ
|
$5.73 Million |
|
Motio Ltd
AU:MXO
|
$5.73 Million |
|
Biomx Inc
NYSE MKT:PHGE
|
$5.73 Million |
|
KonaTel Inc
OTCQB:KTEL
|
$5.73 Million |
|
Italtile Ltd
JSE:ITE
|
$5.72 Million |
|
PeopleBio Inc
KQ:304840
|
$5.72 Million |
|
VIQ Solutions Inc.
PINK:VQSSF
|
$5.72 Million |
|
Saville Resources Inc
V:SRE
|
$5.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Temas Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,843,938 to 5,225,893, a change of 381,955 (7.9%).
- Net loss of 1,752,535 reduced equity.
- New share issuances of 1,959,818 increased equity.
- Other factors increased equity by 174,672.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.75 Million | -33.54% |
| Share Issuances | $1.96 Million | +37.5% |
| Other Changes | $174.67K | +3.34% |
| Total Change | $- | 7.89% |
Book Value vs Market Value Analysis
This analysis compares Temas Resources 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: 0.39x
- 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 |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.08 | x |
| 2019-12-31 | $0.00 | $0.08 | x |
| 2020-12-31 | $0.18 | $0.08 | x |
| 2021-12-31 | $0.15 | $0.08 | x |
| 2022-12-31 | $0.74 | $0.08 | x |
| 2023-12-31 | $0.30 | $0.08 | x |
| 2024-12-31 | $0.20 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Temas Resources 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): -33.54%
- 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 (-33.54%) is above the historical average (-51.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -124.89% | 0.00% | 0.00x | 1.57x | $-170.02K |
| 2020 | -16.14% | 0.00% | 0.00x | 1.07x | $-2.98 Million |
| 2021 | -33.01% | 0.00% | 0.00x | 1.06x | $-4.66 Million |
| 2022 | -56.36% | 0.00% | 0.00x | 1.23x | $-4.74 Million |
| 2023 | -46.10% | 0.00% | 0.00x | 1.40x | $-2.72 Million |
| 2024 | -33.54% | 0.00% | 0.00x | 1.29x | $-2.28 Million |
Industry Comparison
This section compares Temas Resources 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 |
|---|---|---|---|---|
| Temas Resources Corp (TMASF) | $4.92 Million | -124.89% | 0.38x | $5.72 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 |