TinOne Resources Inc.
TinOne Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Australia and New Zealand. It explores for gold, lithium, tungsten, and tin deposits. The company is headquartered in Vancouver, Canada.
TinOne Resources Inc. (TORCF) - Net Assets
Latest net assets as of September 2025: $3.19 Million USD
Based on the latest financial reports, TinOne Resources Inc. (TORCF) has net assets worth $3.19 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 ($4.65 Million) and total liabilities ($1.47 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 | $3.19 Million |
| % of Total Assets | 68.46% |
| Annual Growth Rate | 88.7% |
| 5-Year Change | 527.69% |
| 10-Year Change | N/A |
| Growth Volatility | 352.09 |
TinOne Resources Inc. - Net Assets Trend (2019–2025)
This chart illustrates how TinOne 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 TinOne Resources Inc. (2019–2025)
The table below shows the annual net assets of TinOne Resources Inc. from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $2.96 Million | -22.74% |
| 2024-06-30 | $3.83 Million | -31.82% |
| 2023-06-30 | $5.62 Million | +11.45% |
| 2022-06-30 | $5.04 Million | +969.15% |
| 2021-06-30 | $471.54K | +97.60% |
| 2020-06-30 | $238.64K | +264.33% |
| 2019-06-30 | $65.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TinOne 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 963000900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $12.68 Million | 428.47% |
| Total Equity | $2.96 Million | 100.00% |
TinOne Resources Inc. Competitors by Market Cap
The table below lists competitors of TinOne Resources Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Painreform Ltd
NASDAQ:PRFX
|
$1.87 Million |
|
Zelira Therapeutics Limited
OTCQB:ZLDAF
|
$1.87 Million |
|
Archies Limited
NSE:ARCHIES
|
$1.87 Million |
|
Rich Goldman Holdings Limited
F:MRU3
|
$1.87 Million |
|
Mistral Patrimonio Inmobiliario SOCIMI SA
MC:YMPI
|
$1.87 Million |
|
T-MOBILE US (TM5.SG)
STU:TM5
|
$1.87 Million |
|
Triboron International AB (publ)
ST:TRIBO-B
|
$1.87 Million |
|
EMPYREAN ENERGY LS-002
F:E1E
|
$1.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TinOne Resources Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,830,792 to 2,959,790, a change of -871,002 (-22.7%).
- Net loss of 775,514 reduced equity.
- Other factors decreased equity by 95,488.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-775.51K | -26.2% |
| Other Changes | $-95.49K | -3.23% |
| Total Change | $- | -22.74% |
Book Value vs Market Value Analysis
This analysis compares TinOne 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: 0.65x
- 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.
- The price-to-book ratio has decreased from 173.77x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $0.00 | $0.21 | x |
| 2020-06-30 | $0.00 | $0.21 | x |
| 2021-06-30 | $0.01 | $0.21 | x |
| 2022-06-30 | $0.09 | $0.21 | x |
| 2023-06-30 | $0.66 | $0.21 | x |
| 2024-06-30 | $0.41 | $0.21 | x |
| 2025-06-30 | $0.32 | $0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TinOne 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): -26.20%
- 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: 1.49x
- Recent ROE (-26.20%) is above the historical average (-79.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -137.40% | 0.00% | 0.00x | 1.07x | $-96.55K |
| 2020 | -118.83% | 0.00% | 0.00x | 2.90x | $-307.43K |
| 2021 | -105.69% | 0.00% | 0.00x | 1.95x | $-545.51K |
| 2022 | -58.57% | 0.00% | 0.00x | 1.11x | $-3.46 Million |
| 2023 | -49.66% | 0.00% | 0.00x | 1.04x | $-3.35 Million |
| 2024 | -60.93% | 0.00% | 0.00x | 1.31x | $-2.72 Million |
| 2025 | -26.20% | 0.00% | 0.00x | 1.49x | $-1.07 Million |
Industry Comparison
This section compares TinOne Resources Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TinOne Resources Inc. (TORCF) | $3.19 Million | -137.40% | 0.46x | $1.87 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |