Trisura Group Ltd
Trisura Group Ltd., a specialty insurance company, operates in the surety, warranty, corporate insurance, and program and fronting businesses in Canada and the United States. The company operates in two segments: Trisura Specialty and Trisura US Programs. It offers contract surety bonds, such as performance and labour and material payment bonds for construction industry; commercial surety bonds, … Read more
Trisura Group Ltd (TRRSF) - Net Assets
Latest net assets as of December 2025: $924.67 Million USD
Based on the latest financial reports, Trisura Group Ltd (TRRSF) has net assets worth $924.67 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.01 Billion) and total liabilities ($4.08 Billion). 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 | $924.67 Million |
| % of Total Assets | 18.47% |
| Annual Growth Rate | 34.86% |
| 5-Year Change | 157.72% |
| 10-Year Change | 1204.4% |
| Growth Volatility | 18.38 |
Trisura Group Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Trisura Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trisura Group Ltd (2015–2025)
The table below shows the annual net assets of Trisura Group Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $924.67 Million | +17.75% |
| 2024-12-31 | $785.27 Million | +26.77% |
| 2023-12-31 | $619.43 Million | +28.17% |
| 2022-12-31 | $483.29 Million | +34.70% |
| 2021-12-31 | $358.79 Million | +23.78% |
| 2020-12-31 | $289.86 Million | +52.30% |
| 2019-12-31 | $190.33 Million | +46.46% |
| 2018-12-31 | $129.95 Million | +6.95% |
| 2017-12-31 | $121.50 Million | +71.40% |
| 2016-12-31 | $70.89 Million | +52.61% |
| 2015-12-31 | $46.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trisura Group Ltd'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 2188.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $404.74 Million | 43.77% |
| Other Components | $519.93 Million | 56.23% |
| Total Equity | $924.67 Million | 100.00% |
Trisura Group Ltd Competitors by Market Cap
The table below lists competitors of Trisura Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Angel One Limited
NSE:ANGELONE
|
$1.09 Billion |
|
Escorts Kubota Limited
NSE:ESCORTS
|
$1.09 Billion |
|
US LIME+MINER.INC. DL-01
F:ULI
|
$1.09 Billion |
|
Österreichische Post AG
F:O3P
|
$1.09 Billion |
|
Ningbo Jintian Copper Group Co Ltd
SHG:601609
|
$1.09 Billion |
|
Röko AB (publ)
F:N8Q
|
$1.09 Billion |
|
NetDragon Websoft Holdings Limited
PINK:NDWTY
|
$1.09 Billion |
|
Henan Yuneng Holdings Co Ltd
SHE:001896
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trisura Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 785,266,000 to 924,666,000, a change of 139,400,000 (17.8%).
- Net income of 142,246,000 contributed positively to equity growth.
- Share repurchases of 7,782,000 reduced equity.
- New share issuances of 813,000 increased equity.
- Other comprehensive income decreased equity by 31,184,000.
- Other factors increased equity by 35,307,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $142.25 Million | +15.38% |
| Share Repurchases | $7.78 Million | -0.84% |
| Share Issuances | $813.00K | +0.09% |
| Other Comprehensive Income | $-31.18 Million | -3.37% |
| Other Changes | $35.31 Million | +3.82% |
| Total Change | $- | 17.75% |
Book Value vs Market Value Analysis
This analysis compares Trisura Group Ltd'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: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.65x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $3.05 | $23.33 | x |
| 2017-12-31 | $5.05 | $23.33 | x |
| 2018-12-31 | $4.84 | $23.33 | x |
| 2019-12-31 | $6.57 | $23.33 | x |
| 2020-12-31 | $7.33 | $23.33 | x |
| 2021-12-31 | $8.53 | $23.33 | x |
| 2022-12-31 | $11.16 | $23.33 | x |
| 2023-12-31 | $13.10 | $23.33 | x |
| 2024-12-31 | $16.49 | $23.33 | x |
| 2025-12-31 | $19.52 | $23.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trisura Group Ltd 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): 15.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.39%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 5.42x
- Recent ROE (15.38%) is above the historical average (9.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.35% | 7.86% | 0.33x | 4.34x | $471.64K |
| 2016 | 4.17% | 3.08% | 0.23x | 5.92x | $-4.14 Million |
| 2017 | -0.28% | -0.35% | 0.20x | 4.02x | $-12.49 Million |
| 2018 | 6.65% | 8.36% | 0.17x | 4.62x | $-4.36 Million |
| 2019 | 2.68% | 3.70% | 0.14x | 5.14x | $-13.94 Million |
| 2020 | 11.19% | 14.31% | 0.13x | 5.89x | $3.46 Million |
| 2021 | 17.44% | 17.88% | 0.12x | 8.36x | $26.68 Million |
| 2022 | 5.63% | 5.34% | 0.12x | 8.68x | $-21.57 Million |
| 2023 | 10.81% | 9.41% | 0.20x | 5.79x | $5.00 Million |
| 2024 | 15.14% | 15.27% | 0.17x | 5.85x | $40.39 Million |
| 2025 | 15.38% | 16.39% | 0.17x | 5.42x | $49.78 Million |
Industry Comparison
This section compares Trisura Group Ltd's net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $2,519,148,457
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trisura Group Ltd (TRRSF) | $924.67 Million | 11.35% | 4.42x | $1.09 Billion |
| ACMAT Corporation (ACMT) | $31.30 Million | 2.22% | 0.84x | $2.73 Million |
| Enact Holdings Inc (ACT) | $4.10 Billion | 17.17% | 0.40x | $1.08 Billion |
| Assured Guaranty Ltd (AGO) | $6.55 Billion | 7.95% | 1.08x | $3.63 Billion |
| Ambac Financial Group Inc (AMBC) | $2.28 Billion | -142.47% | 9.34x | $343.48 Million |
| AMERISAFE Inc (AMSF) | $158.78 Million | 23.53% | 5.26x | $612.03 Million |
| AXIS Capital Holdings Ltd (AXS) | $5.87 Billion | 10.94% | 2.41x | $7.47 Billion |
| Beazley plc (BZLYF) | $1.50 Billion | 8.67% | 4.04x | $6.37 Billion |
| Employers Holdings Inc (EIG) | $144.61 Million | 95.15% | 20.40x | $762.61 Million |
| Essent Group Ltd (ESNT) | $4.46 Billion | 18.63% | 0.28x | $5.45 Billion |
| First Acceptance Corp (FACO) | $92.90 Million | -1.32% | 2.47x | $134.82 Million |