TWC Enterprises Limited
TWC Enterprises Limited owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States. The company was formerly known as ClubLink Enterprises Limited and changed its name to TWC Enterprises Limited in May 2014. The company was incorporated in 1997 and is based in King City, Canada. TWC Enterprises Limited is a subsidiary of Paros Enterpri… Read more
TWC Enterprises Limited (CLKXF) - Net Assets
Latest net assets as of September 2025: $600.80 Million USD
Based on the latest financial reports, TWC Enterprises Limited (CLKXF) has net assets worth $600.80 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 ($753.14 Million) and total liabilities ($152.34 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 | $600.80 Million |
| % of Total Assets | 79.77% |
| Annual Growth Rate | 7.93% |
| 5-Year Change | 38.87% |
| 10-Year Change | 155.53% |
| Growth Volatility | 18.18 |
TWC Enterprises Limited - Net Assets Trend (1997–2024)
This chart illustrates how TWC Enterprises 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 TWC Enterprises Limited (1997–2024)
The table below shows the annual net assets of TWC Enterprises Limited from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $575.43 Million | +7.04% |
| 2023-12-31 | $537.59 Million | +2.58% |
| 2022-12-31 | $524.05 Million | +4.10% |
| 2021-12-31 | $503.39 Million | +21.48% |
| 2020-12-31 | $414.37 Million | -5.08% |
| 2019-12-31 | $436.53 Million | -0.47% |
| 2018-12-31 | $438.58 Million | +88.10% |
| 2017-12-31 | $233.16 Million | -1.94% |
| 2016-12-31 | $237.76 Million | +5.58% |
| 2015-12-31 | $225.19 Million | +12.28% |
| 2014-12-31 | $200.56 Million | +3.76% |
| 2013-12-31 | $193.29 Million | +6.05% |
| 2012-12-31 | $182.27 Million | -3.84% |
| 2011-12-31 | $189.54 Million | +4.89% |
| 2010-12-31 | $180.71 Million | +16.92% |
| 2009-12-31 | $154.56 Million | -1.28% |
| 2008-12-31 | $156.57 Million | +1.54% |
| 2007-12-31 | $154.19 Million | +37.18% |
| 2006-12-31 | $112.41 Million | +12.08% |
| 2005-12-31 | $100.30 Million | +4.32% |
| 2004-12-31 | $96.15 Million | -1.92% |
| 2003-12-31 | $98.03 Million | -9.61% |
| 2002-12-31 | $108.45 Million | +1.65% |
| 2001-12-31 | $106.69 Million | -0.98% |
| 2000-12-31 | $107.75 Million | +12.67% |
| 1999-12-31 | $95.63 Million | +9.29% |
| 1998-12-31 | $87.50 Million | +19.37% |
| 1997-12-31 | $73.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TWC Enterprises 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 grown by 10405.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $451.74 Million | 79.54% |
| Common Stock | $101.92 Million | 17.94% |
| Other Comprehensive Income | $14.32 Million | 2.52% |
| Total Equity | $567.97 Million | 100.00% |
TWC Enterprises Limited Competitors by Market Cap
The table below lists competitors of TWC Enterprises Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GiG Software PLC
ST:GIG-SDB
|
$44.07 Million |
|
THiRA-UTECH CO. LTD
KQ:322180
|
$44.07 Million |
|
Kross Ltd
NSE:KROSS
|
$44.09 Million |
|
Lida Holdings Ltd
TW:4552
|
$44.09 Million |
|
Navkar Corporation Limited
NSE:NAVKARCORP
|
$44.04 Million |
|
Up Young Cornerstone Corp.
TWO:6728
|
$44.04 Million |
|
Lotte Himart
KO:071840
|
$44.02 Million |
|
Accelya Solutions India Limited
NSE:ACCELYA
|
$44.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TWC Enterprises Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 529,883,000 to 567,974,000, a change of 38,091,000 (7.2%).
- Net income of 40,597,000 contributed positively to equity growth.
- Dividend payments of 6,880,000 reduced retained earnings.
- Share repurchases of 2,689,000 reduced equity.
- Other comprehensive income increased equity by 6,815,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $40.60 Million | +7.15% |
| Dividends Paid | $6.88 Million | -1.21% |
| Share Repurchases | $2.69 Million | -0.47% |
| Other Comprehensive Income | $6.82 Million | +1.2% |
| Other Changes | $248.00K | +0.04% |
| Total Change | $- | 7.19% |
Book Value vs Market Value Analysis
This analysis compares TWC Enterprises 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: 0.53x
- 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 4.28x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $2.87 | $12.29 | x |
| 1998-12-31 | $3.43 | $12.29 | x |
| 1999-12-31 | $7.80 | $12.29 | x |
| 2000-12-31 | $9.34 | $12.29 | x |
| 2001-12-31 | $9.32 | $12.29 | x |
| 2002-12-31 | $4.85 | $12.29 | x |
| 2003-12-31 | $4.34 | $12.29 | x |
| 2004-12-31 | $4.14 | $12.29 | x |
| 2005-12-31 | $4.36 | $12.29 | x |
| 2006-12-31 | $4.85 | $12.29 | x |
| 2007-12-31 | $4.53 | $12.29 | x |
| 2008-12-31 | $4.79 | $12.29 | x |
| 2009-12-31 | $6.15 | $12.29 | x |
| 2010-12-31 | $6.46 | $12.29 | x |
| 2011-12-31 | $6.80 | $12.29 | x |
| 2012-12-31 | $6.88 | $12.29 | x |
| 2013-12-31 | $7.40 | $12.29 | x |
| 2014-12-31 | $7.42 | $12.29 | x |
| 2015-12-31 | $8.23 | $12.29 | x |
| 2016-12-31 | $8.69 | $12.29 | x |
| 2017-12-31 | $8.48 | $12.29 | x |
| 2018-12-31 | $15.94 | $12.29 | x |
| 2019-12-31 | $16.10 | $12.29 | x |
| 2020-12-31 | $15.95 | $12.29 | x |
| 2021-12-31 | $20.07 | $12.29 | x |
| 2022-12-31 | $21.01 | $12.29 | x |
| 2023-12-31 | $21.64 | $12.29 | x |
| 2024-12-31 | $23.24 | $12.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TWC Enterprises 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): 7.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.50%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.24x
- Recent ROE (7.15%) is below the historical average (9.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 5.87% | 5.24% | 0.76x | 1.47x | $-3.03 Million |
| 1998 | 13.83% | 39.80% | 0.26x | 1.34x | $3.35 Million |
| 1999 | 12.45% | 36.82% | 0.24x | 1.43x | $2.35 Million |
| 2000 | 19.49% | 56.21% | 0.28x | 1.25x | $10.23 Million |
| 2001 | 3.09% | 13.02% | 0.19x | 1.26x | $-7.37 Million |
| 2002 | 6.18% | 16.52% | 0.30x | 1.25x | $-4.14 Million |
| 2003 | 5.52% | 14.41% | 0.27x | 1.41x | $-4.39 Million |
| 2004 | 10.62% | 24.42% | 0.30x | 1.47x | $589.90K |
| 2005 | 12.16% | 29.36% | 0.27x | 1.55x | $2.16 Million |
| 2006 | 16.08% | 44.61% | 0.26x | 1.38x | $6.83 Million |
| 2007 | 8.51% | 5.25% | 0.27x | 6.02x | $-1.55 Million |
| 2008 | 5.59% | 2.91% | 0.33x | 5.85x | $-4.84 Million |
| 2009 | 7.22% | 5.44% | 0.33x | 4.06x | $-4.30 Million |
| 2010 | 5.60% | 4.92% | 0.31x | 3.61x | $-7.95 Million |
| 2011 | 8.65% | 7.58% | 0.33x | 3.49x | $-2.57 Million |
| 2012 | 7.98% | 6.76% | 0.33x | 3.58x | $-3.68 Million |
| 2013 | 6.81% | 6.16% | 0.32x | 3.41x | $-6.18 Million |
| 2014 | 1.73% | 1.63% | 0.32x | 3.36x | $-16.59 Million |
| 2015 | 1.89% | 1.87% | 0.32x | 3.16x | $-18.26 Million |
| 2016 | 6.96% | 7.23% | 0.34x | 2.86x | $-7.22 Million |
| 2017 | 0.87% | 1.17% | 0.27x | 2.72x | $-21.18 Million |
| 2018 | 51.92% | 131.02% | 0.25x | 1.61x | $182.62 Million |
| 2019 | 1.12% | 2.91% | 0.25x | 1.55x | $-38.75 Million |
| 2020 | 0.23% | 0.74% | 0.21x | 1.53x | $-40.47 Million |
| 2021 | 18.18% | 50.41% | 0.24x | 1.51x | $40.47 Million |
| 2022 | 3.62% | 9.78% | 0.26x | 1.41x | $-32.88 Million |
| 2023 | 4.16% | 9.56% | 0.33x | 1.32x | $-30.95 Million |
| 2024 | 7.15% | 16.50% | 0.35x | 1.24x | $-16.20 Million |
Industry Comparison
This section compares TWC Enterprises Limited's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $1,604,805,912
- Average return on equity (ROE) among peers: -3.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TWC Enterprises Limited (CLKXF) | $600.80 Million | 5.87% | 0.25x | $44.07 Million |
| All American Gld Crp (AAGC) | $-30.95K | 0.00% | 0.00x | $8.60 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $42.19 Million |
| Altitude International Holdings Inc (ALTD) | $-92.07K | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $9.90 Billion | 24.11% | 0.44x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $279.90 Million | 6.58% | 0.22x | $90.51 Million |
| Amer Sports, Inc. (AS) | $5.01 Billion | 1.45% | 0.66x | $5.59 Billion |
| Arvana Inc (AVNI) | $-1.25 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $15.94 Million | -33.53% | 0.81x | $7.00K |
| Bowlero Corp (BOWL) | $443.81 Million | -20.48% | 3.00x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $403.98 Million | -0.66% | 7.01x | $829.31 Million |