Tsodilo Resources Limited
Tsodilo Resources Limited, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the Republic of Botswana. It explores for diamond, copper, cobalt, iron, and base and precious metals. The company owns 100% interests in the Gcwihaba project comprising five base, precious, platinum group, and rare earth metal prospecting licenses located in … Read more
Tsodilo Resources Limited (TSDRF) - Net Assets
Latest net assets as of September 2025: $-1.74 Million USD
Based on the latest financial reports, Tsodilo Resources Limited (TSDRF) has net assets worth $-1.74 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 ($2.67 Million) and total liabilities ($4.41 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 | $-1.74 Million |
| % of Total Assets | -65.34% |
| Annual Growth Rate | -3.37% |
| 5-Year Change | -69.93% |
| 10-Year Change | -53.75% |
| Growth Volatility | 68.45 |
Tsodilo Resources Limited - Net Assets Trend (1999–2024)
This chart illustrates how Tsodilo Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tsodilo Resources Limited (1999–2024)
The table below shows the annual net assets of Tsodilo Resources Limited from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.65 Million | -28.51% |
| 2023-12-31 | $2.31 Million | -26.07% |
| 2022-12-31 | $3.13 Million | -40.02% |
| 2021-12-31 | $5.22 Million | -5.14% |
| 2020-12-31 | $5.50 Million | -10.43% |
| 2019-12-31 | $6.14 Million | -1.16% |
| 2018-12-31 | $6.21 Million | -18.65% |
| 2017-12-31 | $7.64 Million | -7.03% |
| 2016-12-31 | $8.21 Million | +129.71% |
| 2015-12-31 | $3.58 Million | -72.61% |
| 2014-12-31 | $13.05 Million | +0.52% |
| 2013-12-31 | $12.99 Million | +7.39% |
| 2012-12-31 | $12.09 Million | +22.84% |
| 2011-12-31 | $9.85 Million | -14.69% |
| 2010-12-31 | $11.54 Million | +99.68% |
| 2009-12-31 | $5.78 Million | +37.73% |
| 2008-12-31 | $4.20 Million | +12.67% |
| 2007-12-31 | $3.72 Million | +8.58% |
| 2006-12-31 | $3.43 Million | +70.62% |
| 2005-12-31 | $2.01 Million | -1.70% |
| 2004-12-31 | $2.04 Million | +91.17% |
| 2003-12-31 | $1.07 Million | +134.05% |
| 2002-12-31 | $457.05K | +114.58% |
| 2001-12-31 | $-3.13 Million | -208.36% |
| 2000-12-31 | $2.89 Million | -25.76% |
| 1999-12-31 | $3.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tsodilo Resources Limited'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 5536488200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $57.02 Million | 3447.77% |
| Total Equity | $1.65 Million | 100.00% |
Tsodilo Resources Limited Competitors by Market Cap
The table below lists competitors of Tsodilo Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LANCOR HOLDINGS LTD.
NSE:LANCORHOL
|
$5.21 Million |
|
Sin Heng Heavy Machinery Ltd
F:SNVA
|
$5.22 Million |
|
Redhill Biopharma Ltd
NASDAQ:RDHL
|
$5.22 Million |
|
Issta Lines Ltd
TA:ISTA
|
$5.22 Million |
|
Savimex Corp
VN:SAV
|
$5.21 Million |
|
Technology & Telecommunication Acquisition Corporation
PINK:TETUF
|
$5.21 Million |
|
Stadio Holdings Ltd
JSE:SDO
|
$5.21 Million |
|
Pembangunan Jaya Ancol Tbk
JK:PJAA
|
$5.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tsodilo Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,313,356 to 1,653,785, a change of -659,571 (-28.5%).
- Net loss of 1,043,242 reduced equity.
- New share issuances of 328,642 increased equity.
- Other factors increased equity by 55,029.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.04 Million | -63.08% |
| Share Issuances | $328.64K | +19.87% |
| Other Changes | $55.03K | +3.33% |
| Total Change | $- | -28.51% |
Book Value vs Market Value Analysis
This analysis compares Tsodilo Resources Limited'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: 3.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.59x to 3.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.17 | $0.10 | x |
| 2018-12-31 | $0.14 | $0.10 | x |
| 2019-12-31 | $0.14 | $0.10 | x |
| 2020-12-31 | $0.12 | $0.10 | x |
| 2021-12-31 | $0.11 | $0.10 | x |
| 2022-12-31 | $0.06 | $0.10 | x |
| 2023-12-31 | $0.04 | $0.10 | x |
| 2024-12-31 | $0.03 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tsodilo Resources Limited 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): -63.08%
- 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: 3.37x
- Recent ROE (-63.08%) is below the historical average (-20.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | 0.00% | 0.00x | 1.02x | $-389.69K |
| 2000 | 0.00% | 0.00% | 0.00x | 1.84x | $-289.32K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2002 | 0.00% | 0.00% | 0.00x | 1.53x | $-33.65K |
| 2003 | 0.00% | 0.00% | 0.00x | 1.32x | $-83.38K |
| 2004 | 0.00% | 0.00% | 0.00x | 1.15x | $-180.85K |
| 2005 | 0.00% | 0.00% | 0.00x | 1.17x | $-172.90K |
| 2006 | 0.00% | 0.00% | 0.00x | 1.09x | $-318.47K |
| 2007 | 0.00% | 0.00% | 0.00x | 1.15x | $-349.85K |
| 2008 | 0.00% | 0.00% | 0.00x | 1.19x | $-398.18K |
| 2009 | 0.00% | 0.00% | 0.00x | 1.05x | $-556.94K |
| 2010 | 0.00% | 0.00% | 0.00x | 1.03x | $-1.13 Million |
| 2011 | 17.80% | 0.00% | 0.00x | 1.19x | $751.10K |
| 2012 | 0.00% | 0.00% | 0.00x | 1.10x | $-1.19 Million |
| 2013 | -5.72% | 0.00% | 0.00x | 1.04x | $-2.01 Million |
| 2014 | -6.89% | 0.00% | 0.00x | 1.04x | $-2.18 Million |
| 2015 | -267.44% | 0.00% | 0.00x | 1.24x | $-9.92 Million |
| 2016 | -27.31% | 0.00% | 0.00x | 1.04x | $-3.07 Million |
| 2017 | -17.04% | 0.00% | 0.00x | 1.03x | $-2.07 Million |
| 2018 | -16.35% | 0.00% | 0.00x | 1.15x | $-1.64 Million |
| 2019 | -4.85% | 0.00% | 0.00x | 1.26x | $-911.63K |
| 2020 | -11.91% | 0.00% | 0.00x | 1.34x | $-1.20 Million |
| 2021 | -25.23% | 0.00% | 0.00x | 1.35x | $-1.84 Million |
| 2022 | -64.55% | 0.00% | 0.00x | 1.86x | $-2.33 Million |
| 2023 | -49.77% | 0.00% | 0.00x | 2.42x | $-1.38 Million |
| 2024 | -63.08% | 0.00% | 0.00x | 3.37x | $-1.21 Million |
Industry Comparison
This section compares Tsodilo Resources Limited's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $9,705,177,506
- Average return on equity (ROE) among peers: -74.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tsodilo Resources Limited (TSDRF) | $-1.74 Million | 0.00% | N/A | $5.21 Million |
| AbraSilver Resource Corp (ABBRF) | $3.05 Million | -108.70% | 0.31x | $280.10 Million |
| American Copper Development Corporation (ACDXF) | $-331.64K | 0.00% | 0.00x | $1.96 Million |
| American Creek Resources Ltd (ACKRF) | $2.36 Million | -67.11% | 0.29x | $23.79 Million |
| American Clean Resources Group Inc. (ACRG) | $23.29 Million | -69.73% | 0.66x | $9.52 Million |
| Adyton Resources Corporation (ADYRF) | $14.98 Million | 5.60% | 0.05x | $26.44 Million |
| Austral Gold Limited (AGLDF) | $542.56K | -504.60% | 1.47x | $4.83 Million |
| Anglo American Platinum Limited (AGPPF) | $96.96 Billion | 50.69% | 0.82x | $8.40 Billion |
| Athena Gold Corp (AHNR) | $4.96 Million | -13.77% | 0.26x | $779.22K |
| Alaska Energy Metals Corporation (AKEMF) | $26.15 Million | -33.81% | 0.05x | $14.55 Million |
| ALXPF (ALXPF) | $14.77 Million | -5.14% | 0.08x | $24.72 Million |