Titan Minerals Limited
Titan Minerals Limited engages in the exploration and development of mineral properties in Ecuador. It explores for gold and copper deposits. The company's flagship project is the 100% held Dynasty Gold Project that consists of five concessions covering an area of 139 square kilometers located in the Loja Province in southern Ecuador. Titan Minerals Limited is based in Subiaco, Australia.
Titan Minerals Limited (TTTNF) - Net Assets
Latest net assets as of June 2025: $90.98 Million USD
Based on the latest financial reports, Titan Minerals Limited (TTTNF) has net assets worth $90.98 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($94.35 Million) and total liabilities ($3.36 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 | $90.98 Million |
| % of Total Assets | 96.43% |
| Annual Growth Rate | 11.1% |
| 5-Year Change | 711.82% |
| 10-Year Change | N/A |
| Growth Volatility | 526.77 |
Titan Minerals Limited - Net Assets Trend (2006–2024)
This chart illustrates how Titan Minerals 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 Titan Minerals Limited (2006–2024)
The table below shows the annual net assets of Titan Minerals Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $92.68 Million | +37.01% |
| 2023-12-31 | $67.64 Million | +15.98% |
| 2022-12-31 | $58.32 Million | +10.48% |
| 2021-12-31 | $52.79 Million | +362.42% |
| 2020-12-31 | $11.42 Million | -16.48% |
| 2019-12-31 | $13.67 Million | -34.42% |
| 2018-12-31 | $20.84 Million | +1887.82% |
| 2017-12-31 | $1.05 Million | +104.12% |
| 2016-12-31 | $-25.47 Million | +1.52% |
| 2015-12-31 | $-25.87 Million | -604.16% |
| 2014-12-31 | $5.13 Million | -20.04% |
| 2013-12-31 | $6.42 Million | -81.68% |
| 2010-12-31 | $35.03 Million | -3.43% |
| 2009-12-31 | $36.28 Million | +21.57% |
| 2008-12-31 | $29.84 Million | -14.70% |
| 2007-12-31 | $34.98 Million | +151.15% |
| 2006-12-31 | $13.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Titan Minerals 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 decreased by 25969173774.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $317.06 Million | 342.12% |
| Other Comprehensive Income | $36.94 Million | 39.86% |
| Total Equity | $92.68 Million | 100.00% |
Titan Minerals Limited Competitors by Market Cap
The table below lists competitors of Titan Minerals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jai Corp Limited
NSE:JAICORPLTD
|
$50.68 Million |
|
Jin Air Co Ltd
KO:272450
|
$50.72 Million |
|
Karex Berhad
KLSE:5247
|
$50.72 Million |
|
Hushan Autoparts Inc.
TW:7736
|
$50.73 Million |
|
Weblink International Inc
TW:6776
|
$50.63 Million |
|
Falcon Machine Tools Co Ltd
TWO:4513
|
$50.62 Million |
|
Village Bank and Trust Financial
NASDAQ:VBFC
|
$50.56 Million |
|
Daesung Energy
KO:117580
|
$50.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Titan Minerals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,097,000 to 92,675,442, a change of 46,578,442 (101.0%).
- Net loss of 9,539,128 reduced equity.
- New share issuances of 17,877,000 increased equity.
- Other comprehensive income increased equity by 12,423,122.
- Other factors increased equity by 25,817,448.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.54 Million | -10.29% |
| Share Issuances | $17.88 Million | +19.29% |
| Other Comprehensive Income | $12.42 Million | +13.4% |
| Other Changes | $25.82 Million | +27.86% |
| Total Change | $- | 101.04% |
Book Value vs Market Value Analysis
This analysis compares Titan Minerals 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: 0.43x
- 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 increased from 0.00x to 0.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $773.73 | $0.22 | x |
| 2007-12-31 | $863.99 | $0.22 | x |
| 2008-12-31 | $696.44 | $0.22 | x |
| 2009-12-31 | $756.95 | $0.22 | x |
| 2010-12-31 | $548.89 | $0.22 | x |
| 2011-12-31 | $4.15 | $0.22 | x |
| 2013-12-31 | $42.57 | $0.22 | x |
| 2014-12-31 | $11.29 | $0.22 | x |
| 2015-12-31 | $-28.62 | $0.22 | x |
| 2016-12-31 | $-1.24 | $0.22 | x |
| 2017-12-31 | $0.03 | $0.22 | x |
| 2018-12-31 | $0.10 | $0.22 | x |
| 2019-12-31 | $0.05 | $0.22 | x |
| 2020-12-31 | $0.01 | $0.22 | x |
| 2021-12-31 | $0.41 | $0.22 | x |
| 2022-12-31 | $0.41 | $0.22 | x |
| 2023-12-31 | $0.35 | $0.22 | x |
| 2024-12-31 | $0.50 | $0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Titan Minerals 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): -10.29%
- 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: 1.06x
- Recent ROE (-10.29%) is above the historical average (-484.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -11.71% | 0.00% | 0.00x | 1.12x | $-3.02 Million |
| 2007 | -9.06% | 0.00% | 0.00x | 1.12x | $-6.67 Million |
| 2008 | -0.99% | -1.29% | 0.59x | 1.30x | $-3.28 Million |
| 2009 | -6.91% | -9.20% | 0.54x | 1.39x | $-6.13 Million |
| 2010 | -54.84% | -55.67% | 0.60x | 1.64x | $-22.71 Million |
| 2011 | -9253.29% | -388.61% | 0.00x | 0.00x | $-36.12 Million |
| 2013 | -25.35% | -33.94% | 0.27x | 2.72x | $-2.27 Million |
| 2014 | -142.85% | -447.23% | 0.07x | 4.65x | $-7.84 Million |
| 2015 | 0.00% | -2007.58% | 2.68x | 0.00x | $-28.13 Million |
| 2016 | 0.00% | -69.38% | 2.45x | 0.00x | $1.60 Million |
| 2017 | 1360.89% | 2862.77% | 0.11x | 4.28x | $14.16 Million |
| 2018 | -55.27% | -281.85% | 0.15x | 1.30x | $-13.60 Million |
| 2019 | -85.70% | -82.60% | 0.52x | 2.00x | $-13.08 Million |
| 2020 | -414.42% | -785.21% | 0.16x | 3.25x | $-48.45 Million |
| 2021 | -0.31% | 0.00% | 0.00x | 1.28x | $-5.44 Million |
| 2022 | -5.11% | 0.00% | 0.00x | 1.11x | $-8.81 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 1.66x | $-4.61 Million |
| 2024 | -10.29% | 0.00% | 0.00x | 1.06x | $-18.81 Million |
Industry Comparison
This section compares Titan Minerals Limited'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 |
|---|---|---|---|---|
| Titan Minerals Limited (TTTNF) | $90.98 Million | -11.71% | 0.04x | $50.64 Million |
| 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 |