TWOSF
T2 Metals Corp., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for copper, zinc, silver, and gold metals. Its flagship asset is the Sherridon Property, which consists of 28 mining claims and one mineral lease covering an area of 4,968 hectares located in the Sherridon mining district in … Read more
TWOSF (TWOSF) - Net Assets
Latest net assets as of October 2025: $4.39 Million USD
Based on the latest financial reports, TWOSF (TWOSF) has net assets worth $4.39 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.01 Million) and total liabilities ($612.25K). 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 | $4.39 Million |
| % of Total Assets | 87.77% |
| Annual Growth Rate | 18.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.14 |
TWOSF - Net Assets Trend (2021–2025)
This chart illustrates how TWOSF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TWOSF (2021–2025)
The table below shows the annual net assets of TWOSF from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $4.65 Million | +134.37% |
| 2024-04-30 | $1.98 Million | -16.98% |
| 2023-04-30 | $2.39 Million | +25.89% |
| 2022-04-30 | $1.90 Million | -18.30% |
| 2021-04-30 | $2.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TWOSF'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 340228900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $36.77 Million | 790.54% |
| Total Equity | $4.65 Million | 100.00% |
TWOSF Competitors by Market Cap
The table below lists competitors of TWOSF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thunderful Group AB
ST:THUNDR
|
$4.52 Million |
|
BLB Limited
NSE:BLBLIMITED
|
$4.52 Million |
|
Taicera Enterprise Co
VN:TCR
|
$4.52 Million |
|
Socket Mobile Inc
NASDAQ:SCKT
|
$4.53 Million |
|
First Lithium Minerals Corp.
PINK:FLMCF
|
$4.52 Million |
|
Patentus SA
WAR:PAT
|
$4.51 Million |
|
Stellar AfricaGold Inc.
V:SPX
|
$4.51 Million |
|
Mustang Bio Inc
NASDAQ:MBIO
|
$4.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TWOSF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,984,745 to 4,651,598, a change of 2,666,853 (134.4%).
- Net loss of 1,046,156 reduced equity.
- New share issuances of 3,473,000 increased equity.
- Other factors increased equity by 240,009.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.05 Million | -22.49% |
| Share Issuances | $3.47 Million | +74.66% |
| Other Changes | $240.01K | +5.16% |
| Total Change | $- | 134.37% |
Book Value vs Market Value Analysis
This analysis compares TWOSF'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: 1.12x
- 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 |
|---|---|---|---|
| 2021-04-30 | $0.11 | $0.12 | x |
| 2022-04-30 | $0.08 | $0.12 | x |
| 2023-04-30 | $0.08 | $0.12 | x |
| 2024-04-30 | $0.07 | $0.12 | x |
| 2025-04-30 | $0.11 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TWOSF 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): -22.49%
- 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: 1.15x
- Recent ROE (-22.49%) is above the historical average (-35.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -36.72% | 0.00% | 0.00x | 1.06x | $-1.09 Million |
| 2022 | -66.88% | 0.00% | 0.00x | 1.14x | $-1.46 Million |
| 2023 | -28.46% | 0.00% | 0.00x | 1.21x | $-919.34K |
| 2024 | -20.45% | 0.00% | 0.00x | 1.31x | $-604.38K |
| 2025 | -22.49% | 0.00% | 0.00x | 1.15x | $-1.51 Million |
Industry Comparison
This section compares TWOSF's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $772,452,903
- Average return on equity (ROE) among peers: -135.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TWOSF (TWOSF) | $4.39 Million | -36.72% | 0.14x | $4.52 Million |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $1.28 Billion | 7.59% | 0.93x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $435.90 Million | 30.66% | 0.34x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |