Taranis Resources Inc
Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal projects in Canada. The company primarily explores for silver, gold, copper, lead, and zinc deposits. It holds a 100% interest in the Thor property comprising 27 crown granted mineral claims and 31 mineral tenures covering an area of approximately 5,441 hectare… Read more
Taranis Resources Inc (TNREF) - Net Assets
Latest net assets as of September 2025: $7.97 Million USD
Based on the latest financial reports, Taranis Resources Inc (TNREF) has net assets worth $7.97 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 ($9.16 Million) and total liabilities ($1.19 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 | $7.97 Million |
| % of Total Assets | 87.06% |
| Annual Growth Rate | 3.19% |
| 5-Year Change | 62.73% |
| 10-Year Change | 153.12% |
| Growth Volatility | 15.06 |
Taranis Resources Inc - Net Assets Trend (2013–2024)
This chart illustrates how Taranis Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taranis Resources Inc (2013–2024)
The table below shows the annual net assets of Taranis Resources Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.70 Million | +17.00% |
| 2023-12-31 | $6.58 Million | +16.06% |
| 2022-12-31 | $5.67 Million | +11.55% |
| 2021-12-31 | $5.08 Million | +7.44% |
| 2020-12-31 | $4.73 Million | +5.23% |
| 2019-12-31 | $4.49 Million | +5.55% |
| 2018-12-31 | $4.26 Million | +12.56% |
| 2017-12-31 | $3.78 Million | +11.00% |
| 2016-12-31 | $3.41 Million | +12.09% |
| 2015-12-31 | $3.04 Million | -11.31% |
| 2014-12-31 | $3.43 Million | -37.09% |
| 2013-12-31 | $5.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taranis Resources Inc'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 503882300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $16.03 Million | 208.21% |
| Total Equity | $7.70 Million | 100.00% |
Taranis Resources Inc Competitors by Market Cap
The table below lists competitors of Taranis Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pili International Multimedia Co Ltd
TWO:8450
|
$14.61 Million |
|
AMA Group Limited
PINK:AMGRF
|
$14.62 Million |
|
Logic Instrume
PA:ALLOG
|
$14.62 Million |
|
Ai Energy Public Company Limited
BK:AIE
|
$14.62 Million |
|
Picogram Co. Ltd.
KQ:376180
|
$14.61 Million |
|
Trinseo SA
NYSE:TSE
|
$14.60 Million |
|
Estrella Resources Ltd
AU:ESR
|
$14.60 Million |
|
Northcliff Resources Ltd
PINK:NCFFF
|
$14.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taranis Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,578,596 to 7,696,841, a change of 1,118,245 (17.0%).
- Net loss of 289,280 reduced equity.
- New share issuances of 1,421,550 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-289.28K | -3.76% |
| Share Issuances | $1.42 Million | +18.47% |
| Other Changes | $-14.03K | -0.18% |
| Total Change | $- | 17.00% |
Book Value vs Market Value Analysis
This analysis compares Taranis Resources Inc'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: 1.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.15 | x |
| 2016-12-31 | $0.00 | $0.15 | x |
| 2017-12-31 | $0.06 | $0.15 | x |
| 2018-12-31 | $0.07 | $0.15 | x |
| 2019-12-31 | $0.07 | $0.15 | x |
| 2020-12-31 | $0.06 | $0.15 | x |
| 2021-12-31 | $0.06 | $0.15 | x |
| 2022-12-31 | $0.07 | $0.15 | x |
| 2023-12-31 | $0.07 | $0.15 | x |
| 2024-12-31 | $0.08 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taranis Resources Inc 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): -3.76%
- 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: 1.14x
- Recent ROE (-3.76%) is above the historical average (-10.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -3.83% | 0.00% | 0.00x | 1.09x | $-753.87K |
| 2014 | -65.83% | 0.00% | 0.00x | 1.12x | $-2.60 Million |
| 2015 | -14.51% | 0.00% | 0.00x | 1.20x | $-745.27K |
| 2016 | -7.29% | 0.00% | 0.00x | 1.25x | $-589.30K |
| 2017 | -7.13% | 0.00% | 0.00x | 1.27x | $-648.25K |
| 2018 | -5.53% | 0.00% | 0.00x | 1.22x | $-661.19K |
| 2019 | -2.80% | 0.00% | 0.00x | 1.22x | $-575.27K |
| 2020 | -3.88% | 0.00% | 0.00x | 1.22x | $-656.55K |
| 2021 | -4.49% | 0.00% | 0.00x | 1.22x | $-736.31K |
| 2022 | -5.22% | 0.00% | 0.00x | 1.22x | $-862.46K |
| 2023 | -7.06% | 0.00% | 0.00x | 1.14x | $-1.12 Million |
| 2024 | -3.76% | 0.00% | 0.00x | 1.14x | $-1.06 Million |
Industry Comparison
This section compares Taranis Resources Inc'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 |
|---|---|---|---|---|
| Taranis Resources Inc (TNREF) | $7.97 Million | -3.83% | 0.15x | $14.61 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 |