TTGXF
Trans Canada Gold Corp. engages in the acquisition, exploration, and development of oil and gas, and mineral resource properties in Canada. It explores for petroleum and natural gas properties, and gold deposits. The company was formerly known as Arctic Hunter Energy Inc. and changed its name to Trans Canada Gold Corp. in January 2021. Trans Canada Gold Corp. was incorporated in 2006 and is headq… Read more
TTGXF (TTGXF) - Net Assets
Latest net assets as of September 2025: $387.88K USD
Based on the latest financial reports, TTGXF (TTGXF) has net assets worth $387.88K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($609.49K) and total liabilities ($221.61K). 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 | $387.88K |
| % of Total Assets | 63.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.57 |
TTGXF - Net Assets Trend (2020–2024)
This chart illustrates how TTGXF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TTGXF (2020–2024)
The table below shows the annual net assets of TTGXF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $751.54K | -4.72% |
| 2023-06-30 | $788.75K | -40.22% |
| 2022-06-30 | $1.32 Million | -25.60% |
| 2021-06-30 | $1.77 Million | +1180.62% |
| 2020-06-30 | $-164.11K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TTGXF'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 253892700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.14 Million | 950.13% |
| Total Equity | $751.54K | 100.00% |
TTGXF Competitors by Market Cap
The table below lists competitors of TTGXF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GOLDON RES LTD
F:6NR2
|
$1.39 Million |
|
Medallion Resources Ltd
PINK:MLLOF
|
$1.39 Million |
|
PTC (PMTA.SG)
STU:PMTA
|
$1.39 Million |
|
Ocean Biomedical Inc.
NASDAQ:OCEA
|
$1.39 Million |
|
Fitters Diversified Bhd
KLSE:9318
|
$1.39 Million |
|
GRAND CANYON ED
BE:GKD
|
$1.39 Million |
|
Rav Bariach 08 Industries Ltd
TA:BRIH
|
$1.39 Million |
|
WORK Medical Technology Group LTD Ordinary Shares
NASDAQ:WOK
|
$1.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TTGXF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 788,753 to 751,536, a change of -37,217 (-4.7%).
- Net loss of 512,740 reduced equity.
- New share issuances of 349,000 increased equity.
- Other factors increased equity by 126,523.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-512.74K | -68.23% |
| Share Issuances | $349.00K | +46.44% |
| Other Changes | $126.52K | +16.84% |
| Total Change | $- | -4.72% |
Book Value vs Market Value Analysis
This analysis compares TTGXF'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: 2.39x
- 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 |
|---|---|---|---|
| 2020-06-30 | $-0.01 | $0.04 | x |
| 2021-06-30 | $0.05 | $0.04 | x |
| 2022-06-30 | $0.04 | $0.04 | x |
| 2023-06-30 | $0.02 | $0.04 | x |
| 2024-06-30 | $0.01 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TTGXF 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): -68.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.76%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.35x
- Recent ROE (-68.23%) is below the historical average (-52.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -870.40% | 0.71x | 0.00x | $-371.84K |
| 2021 | -30.53% | -630.82% | 0.05x | 1.06x | $-718.85K |
| 2022 | -34.40% | -273.90% | 0.11x | 1.10x | $-585.88K |
| 2023 | -130.68% | -889.49% | 0.12x | 1.27x | $-1.11 Million |
| 2024 | -68.23% | -64.76% | 0.78x | 1.35x | $-587.89K |
Industry Comparison
This section compares TTGXF's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TTGXF (TTGXF) | $387.88K | 0.00% | 0.57x | $1.39 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |