Tribeca Resources Corporation
Tribeca Resources Corporation, a junior resource company, engages in the acquisition and exploration of unproven mineral interests in Chile. It holds a 100% interest in the La Higuera Iron Oxide Copper-Gold (IOCG) project consisting of 41 mining and five exploration licenses covering an area of 4,547 hectares located in the Coquimbo Region of northern Chile. The company also holds an option to ac… Read more
Tribeca Resources Corporation (TRRCF) - Net Assets
Latest net assets as of September 2025: $1.63 Million USD
Based on the latest financial reports, Tribeca Resources Corporation (TRRCF) has net assets worth $1.63 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 ($1.84 Million) and total liabilities ($210.11K). 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 | $1.63 Million |
| % of Total Assets | 88.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 925.94 |
Tribeca Resources Corporation - Net Assets Trend (2020–2024)
This chart illustrates how Tribeca Resources Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tribeca Resources Corporation (2020–2024)
The table below shows the annual net assets of Tribeca Resources Corporation from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.05 Million | -11.81% |
| 2023-12-31 | $3.46 Million | +38.39% |
| 2022-12-31 | $2.50 Million | +1977.02% |
| 2021-12-31 | $120.23K | +162.72% |
| 2020-12-31 | $-191.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tribeca Resources Corporation'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 761733800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $10.92 Million | 358.46% |
| Total Equity | $3.05 Million | 100.00% |
Tribeca Resources Corporation Competitors by Market Cap
The table below lists competitors of Tribeca Resources Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rigel Resource Acquisition Corp.
OTCGREY:RRACF
|
$13.89 Million |
|
Willbes
KO:008600
|
$13.89 Million |
|
Van Phat Hung Corp
VN:VPH
|
$13.89 Million |
|
Cardia Bioplastics Limited
PINK:SCGRF
|
$13.89 Million |
|
China Yurun Food Group Limited
F:C7Y
|
$13.88 Million |
|
DOD Biotech Public Company Limited
BK:DOD
|
$13.86 Million |
|
Link Prop Investment AB
ST:LINKAB
|
$13.86 Million |
|
Hwail Pharmaceutical Co.Ltd
KQ:061250
|
$13.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tribeca Resources Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,455,898 to 3,047,688, a change of -408,210 (-11.8%).
- Net loss of 1,970,970 reduced equity.
- New share issuances of 1,285,000 increased equity.
- Other factors increased equity by 277,760.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.97 Million | -64.67% |
| Share Issuances | $1.28 Million | +42.16% |
| Other Changes | $277.76K | +9.11% |
| Total Change | $- | -11.81% |
Book Value vs Market Value Analysis
This analysis compares Tribeca Resources Corporation'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: 5.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.27 | x |
| 2021-12-31 | $0.00 | $0.27 | x |
| 2022-12-31 | $0.05 | $0.27 | x |
| 2023-12-31 | $0.06 | $0.27 | x |
| 2024-12-31 | $0.05 | $0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tribeca Resources Corporation 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): -64.67%
- 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: 1.02x
- Recent ROE (-64.67%) is above the historical average (-74.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $23.45K |
| 2021 | -114.66% | 0.00% | 0.00x | 2.45x | $-149.88K |
| 2022 | -125.85% | 0.00% | 0.00x | 1.15x | $-3.39 Million |
| 2023 | -68.46% | 0.00% | 0.00x | 1.07x | $-2.71 Million |
| 2024 | -64.67% | 0.00% | 0.00x | 1.02x | $-2.28 Million |
Industry Comparison
This section compares Tribeca Resources Corporation'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 |
|---|---|---|---|---|
| Tribeca Resources Corporation (TRRCF) | $1.63 Million | 0.00% | 0.13x | $13.88 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 |