Thunderbird Entertainment Group Inc
Thunderbird Entertainment Group Inc. develops, produces, and distributes film and television programs in Canada and internationally. Its portfolio comprises animation, unscripted, and scripted content. The company also acquires and licenses distribution rights. Thunderbird Entertainment Group Inc. is headquartered in Vancouver, Canada. As of January 28, 2026, Thunderbird Entertainment Group Inc. … Read more
Thunderbird Entertainment Group Inc (THBRF) - Net Assets
Latest net assets as of September 2025: $74.77 Million USD
Based on the latest financial reports, Thunderbird Entertainment Group Inc (THBRF) has net assets worth $74.77 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 ($188.88 Million) and total liabilities ($114.12 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 | $74.77 Million |
| % of Total Assets | 39.58% |
| Annual Growth Rate | 61.15% |
| 5-Year Change | 29.13% |
| 10-Year Change | N/A |
| Growth Volatility | 633.28 |
Thunderbird Entertainment Group Inc - Net Assets Trend (2017–2024)
This chart illustrates how Thunderbird Entertainment Group 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 Thunderbird Entertainment Group Inc (2017–2024)
The table below shows the annual net assets of Thunderbird Entertainment Group Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $69.29 Million | +3.93% |
| 2023-06-30 | $66.67 Million | -4.52% |
| 2022-06-30 | $69.82 Million | +9.22% |
| 2021-06-30 | $63.93 Million | +19.14% |
| 2020-06-30 | $53.66 Million | +12.63% |
| 2019-06-30 | $47.64 Million | +1816.59% |
| 2018-06-30 | $2.49 Million | +1.28% |
| 2017-06-30 | $2.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thunderbird Entertainment Group 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 grown by 728200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $77.00 Million | 111.12% |
| Total Equity | $69.29 Million | 100.00% |
Thunderbird Entertainment Group Inc Competitors by Market Cap
The table below lists competitors of Thunderbird Entertainment Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EURO PRATIK SALES LIMITED
NSE:EUROPRATIK
|
$46.56 Million |
|
Ecoplastic Corporation
KQ:038110
|
$46.59 Million |
|
Abliva AB
ST:ABLI
|
$46.60 Million |
|
Playstudios Inc
NASDAQ:MYPS
|
$46.61 Million |
|
Mayfair Gold Corp
OTCQX:MFGCF
|
$46.56 Million |
|
Zevia Pbc
NYSE:ZVIA
|
$46.55 Million |
|
Global Lithium Resources Ltd
AU:GL1
|
$46.54 Million |
|
Ko Ja Cayman Co Ltd
TW:5215
|
$46.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thunderbird Entertainment Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,670,000 to 69,293,000, a change of 2,623,000 (3.9%).
- Net income of 2,378,000 contributed positively to equity growth.
- Share repurchases of 1,230,000 reduced equity.
- Other factors increased equity by 1,475,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.38 Million | +3.43% |
| Share Repurchases | $1.23 Million | -1.78% |
| Other Changes | $1.48 Million | +2.13% |
| Total Change | $- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares Thunderbird Entertainment Group 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: 0.83x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | $0.00 | $1.15 | x |
| 2018-06-30 | $0.79 | $1.15 | x |
| 2019-06-30 | $1.02 | $1.15 | x |
| 2020-06-30 | $1.15 | $1.15 | x |
| 2021-06-30 | $1.31 | $1.15 | x |
| 2022-06-30 | $1.41 | $1.15 | x |
| 2023-06-30 | $1.34 | $1.15 | x |
| 2024-06-30 | $1.39 | $1.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thunderbird Entertainment Group 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): 3.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.49x
- Recent ROE (3.43%) is above the historical average (-0.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -11.00% | 0.00% | 0.00x | 1.01x | $-515.32K |
| 2018 | -4.36% | 0.00% | 0.00x | 1.01x | $-357.05K |
| 2019 | -8.04% | -6.23% | 0.47x | 2.75x | $-8.59 Million |
| 2020 | 5.67% | 3.74% | 0.52x | 2.89x | $-2.32 Million |
| 2021 | 8.97% | 5.14% | 0.70x | 2.50x | $-656.00K |
| 2022 | 5.15% | 2.41% | 0.67x | 3.20x | $-3.38 Million |
| 2023 | -7.52% | -3.01% | 0.77x | 3.24x | $-11.68 Million |
| 2024 | 3.43% | 1.44% | 0.96x | 2.49x | $-4.55 Million |
Industry Comparison
This section compares Thunderbird Entertainment Group Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thunderbird Entertainment Group Inc (THBRF) | $74.77 Million | -11.00% | 1.53x | $46.56 Million |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |