Torex Gold Resources Inc
Torex Gold Resources Inc. operates as an intermediate gold producer. The company engages in the exploration, development, and operation of principal asset comprising 100% owned the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna project, the EPO project, a processing plant, and related infrastructure that covers an area of approxim… Read more
Torex Gold Resources Inc (TORXF) - Net Assets
Latest net assets as of June 2025: $1.76 Billion USD
Based on the latest financial reports, Torex Gold Resources Inc (TORXF) has net assets worth $1.76 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.35 Billion) and total liabilities ($590.80 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 | $1.76 Billion |
| % of Total Assets | 74.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | 72.38% |
| 10-Year Change | 143.37% |
| Growth Volatility | 1627.87 |
Torex Gold Resources Inc - Net Assets Trend (2001–2024)
This chart illustrates how Torex Gold Resources 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 Torex Gold Resources Inc (2001–2024)
The table below shows the annual net assets of Torex Gold Resources Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.63 Billion | +9.08% |
| 2023-12-31 | $1.50 Billion | +15.89% |
| 2022-12-31 | $1.29 Billion | +17.24% |
| 2021-12-31 | $1.10 Billion | +16.31% |
| 2020-12-31 | $946.10 Million | +13.33% |
| 2019-12-31 | $834.80 Million | +9.90% |
| 2018-12-31 | $759.60 Million | +11.82% |
| 2017-12-31 | $679.30 Million | -0.67% |
| 2016-12-31 | $683.90 Million | +2.05% |
| 2015-12-31 | $670.14 Million | -3.27% |
| 2014-12-31 | $692.79 Million | +29.63% |
| 2013-12-31 | $534.43 Million | -14.33% |
| 2012-12-31 | $623.86 Million | +142.75% |
| 2011-12-31 | $257.00 Million | -9.76% |
| 2010-12-31 | $284.80 Million | +7398.61% |
| 2009-12-31 | $3.80 Million | +8.74% |
| 2008-12-31 | $3.49 Million | -24.55% |
| 2007-12-31 | $4.63 Million | +1613.99% |
| 2006-12-31 | $270.09K | +715.57% |
| 2005-12-31 | $33.12K | -67.57% |
| 2004-12-31 | $102.10K | +423.97% |
| 2003-12-31 | $-31.52K | +29.69% |
| 2002-12-31 | $-44.83K | -329.21% |
| 2001-12-31 | $-10.44K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Torex Gold Resources 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 63532357512.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $630.00 Million | 38.63% |
| Common Stock | $1.03 Billion | 63.36% |
| Other Comprehensive Income | $-56.60 Million | -3.47% |
| Other Components | $24.20 Million | 1.48% |
| Total Equity | $1.63 Billion | 100.00% |
Torex Gold Resources Inc Competitors by Market Cap
The table below lists competitors of Torex Gold Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boise Cascad Llc
NYSE:BCC
|
$2.67 Billion |
|
Catalyst Pharmaceuticals Inc
NASDAQ:CPRX
|
$2.67 Billion |
|
Konecranes ABP
LSE:0MET
|
$2.67 Billion |
|
Galp Energa
PINK:GLPEY
|
$2.67 Billion |
|
S.P.E.E.H Hidroelectrica S.A.
RO:H2O
|
$2.67 Billion |
|
Dorman Products Inc
NASDAQ:DORM
|
$2.67 Billion |
|
Krungthai Card Public Company Limited
PINK:KGTHY
|
$2.67 Billion |
|
GCL-Poly Energy Holdings Limited
PINK:GCPEF
|
$2.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Torex Gold Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,495,100,000 to 1,630,900,000, a change of 135,800,000 (9.1%).
- Net income of 134,600,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $134.60 Million | +8.25% |
| Other Changes | $1.20 Million | +0.07% |
| Total Change | $- | 9.08% |
Book Value vs Market Value Analysis
This analysis compares Torex Gold Resources 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: 1.49x
- 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 |
|---|---|---|---|
| 2001-12-31 | $-0.01 | $27.90 | x |
| 2002-12-31 | $-0.03 | $27.90 | x |
| 2003-12-31 | $-0.02 | $27.90 | x |
| 2004-12-31 | $0.06 | $27.90 | x |
| 2005-12-31 | $0.02 | $27.90 | x |
| 2006-12-31 | $0.15 | $27.90 | x |
| 2007-12-31 | $2.12 | $27.90 | x |
| 2008-12-31 | $1.21 | $27.90 | x |
| 2009-12-31 | $1.32 | $27.90 | x |
| 2010-12-31 | $10.61 | $27.90 | x |
| 2011-12-31 | $7.38 | $27.90 | x |
| 2012-12-31 | $13.83 | $27.90 | x |
| 2013-12-31 | $8.82 | $27.90 | x |
| 2014-12-31 | $9.43 | $27.90 | x |
| 2015-12-31 | $8.53 | $27.90 | x |
| 2016-12-31 | $8.57 | $27.90 | x |
| 2017-12-31 | $8.51 | $27.90 | x |
| 2018-12-31 | $8.99 | $27.90 | x |
| 2019-12-31 | $9.73 | $27.90 | x |
| 2020-12-31 | $10.99 | $27.90 | x |
| 2021-12-31 | $12.77 | $27.90 | x |
| 2022-12-31 | $14.99 | $27.90 | x |
| 2023-12-31 | $17.30 | $27.90 | x |
| 2024-12-31 | $18.74 | $27.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Torex Gold Resources 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): 8.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.07%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.31x
- Recent ROE (8.25%) is above the historical average (-19.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-267.31K |
| 2002 | 0.00% | -54390.25% | 0.01x | 0.00x | $-29.71K |
| 2003 | 0.00% | -12924.99% | 0.02x | 0.00x | $-53.84K |
| 2004 | -210.62% | -44089.32% | 0.00x | 1.01x | $-225.26K |
| 2005 | -217.66% | -13875.86% | 0.01x | 1.17x | $-75.39K |
| 2006 | -25.44% | 0.00% | 0.00x | 1.02x | $-95.73K |
| 2007 | -4.41% | 0.00% | 0.00x | 1.00x | $-667.24K |
| 2008 | -6.90% | 0.00% | 0.00x | 1.00x | $-590.35K |
| 2009 | -25.08% | 0.00% | 0.00x | 1.13x | $-1.33 Million |
| 2010 | -5.66% | 0.00% | 0.00x | 1.26x | $-44.59 Million |
| 2011 | -10.67% | 0.00% | 0.00x | 1.26x | $-53.13 Million |
| 2012 | -10.51% | 0.00% | 0.00x | 1.01x | $-127.94 Million |
| 2013 | -12.15% | 0.00% | 0.00x | 1.06x | $-118.40 Million |
| 2014 | -3.80% | 0.00% | 0.00x | 1.12x | $-95.57 Million |
| 2015 | -3.67% | 0.00% | 0.00x | 1.67x | $-91.59 Million |
| 2016 | 0.46% | 1.01% | 0.26x | 1.76x | $-65.23 Million |
| 2017 | -1.85% | -4.00% | 0.27x | 1.72x | $-80.53 Million |
| 2018 | 3.05% | 5.24% | 0.35x | 1.67x | $-52.76 Million |
| 2019 | 8.53% | 11.11% | 0.52x | 1.47x | $-12.28 Million |
| 2020 | 11.52% | 13.81% | 0.63x | 1.32x | $14.39 Million |
| 2021 | 13.79% | 17.73% | 0.63x | 1.23x | $41.66 Million |
| 2022 | 14.63% | 21.74% | 0.55x | 1.24x | $59.79 Million |
| 2023 | 13.67% | 23.16% | 0.48x | 1.23x | $54.89 Million |
| 2024 | 8.25% | 12.07% | 0.52x | 1.31x | $-28.49 Million |
Industry Comparison
This section compares Torex Gold Resources Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Torex Gold Resources Inc (TORXF) | $1.76 Billion | 0.00% | 0.34x | $2.67 Billion |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |