Triple Flag Precious Metals Corp (TFPM) - Net Assets
Based on the latest financial reports, Triple Flag Precious Metals Corp (TFPM) has net assets worth CA$2.04 Billion CAD (≈ $1.48 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.11 Billion ≈ $1.53 Billion USD) and total liabilities (CA$68.14 Million ≈ $49.29 Million USD). 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. Check TFPM financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.04 Billion |
| % of Total Assets | 96.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | 57.69% |
| 10-Year Change | N/A |
| Growth Volatility | 23.47 |
Triple Flag Precious Metals Corp - Net Assets Trend (2016–2025)
This chart illustrates how Triple Flag Precious Metals Corp's net assets have evolved over time, based on quarterly financial data. Also explore Triple Flag Precious Metals Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for Triple Flag Precious Metals Corp (2016–2025)
The table below shows the annual net assets of Triple Flag Precious Metals Corp from 2016 to 2025. For live valuation and market cap data, see Triple Flag Precious Metals Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$2.04 Billion ≈ $1.48 Billion |
+17.62% |
| 2024-12-31 | CA$1.74 Billion ≈ $1.26 Billion |
-4.14% |
| 2023-12-31 | CA$1.81 Billion ≈ $1.31 Billion |
+37.34% |
| 2022-12-31 | CA$1.32 Billion ≈ $953.77 Million |
+1.84% |
| 2021-12-31 | CA$1.29 Billion ≈ $936.51 Million |
+27.06% |
| 2020-12-31 | CA$1.02 Billion ≈ $737.09 Million |
+71.65% |
| 2019-12-31 | CA$593.62 Million ≈ $429.42 Million |
+35.05% |
| 2018-12-31 | CA$439.56 Million ≈ $317.97 Million |
+1484.66% |
| 2017-12-31 | CA$-31.74 Million ≈ $-22.96 Million |
-1058.21% |
| 2016-12-31 | CA$-2.74 Million ≈ $-1.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Triple Flag Precious Metals Corp'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 16739077100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$164.65 Million | 8.07% |
| Common Stock | CA$1.86 Billion | 91.18% |
| Other Comprehensive Income | CA$15.42 Million | 0.76% |
| Other Components | CA$1.00 | 0.00% |
| Total Equity | CA$2.04 Billion | 100.00% |
Triple Flag Precious Metals Corp Competitors by Market Cap
The table below lists competitors of Triple Flag Precious Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anji Microelectronics Tech Co Ltd
SHG:688019
|
$6.41 Billion |
|
Anhui Gujing Distillery Co Ltd
SHE:000596
|
$6.41 Billion |
|
Laurus Labs Limited
NSE:LAURUSLABS
|
$6.43 Billion |
|
MSA Safety
NYSE:MSA
|
$6.43 Billion |
|
Leo Group Co Ltd
SHE:002131
|
$6.39 Billion |
|
VOESTALPINE ADR 1/5/O.N.
F:VASS
|
$6.39 Billion |
|
Nestle (Malaysia) Bhd
KLSE:4707
|
$6.38 Billion |
|
Glacier Bancorp Inc
NYSE:GBCI
|
$6.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Triple Flag Precious Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,735,720,000 to 2,041,495,011, a change of 305,775,011 (17.6%).
- Net income of 244,206,415 contributed positively to equity growth.
- Dividend payments of 46,647,540 reduced retained earnings.
- Share repurchases of 9,170,776 reduced equity.
- Other comprehensive income increased equity by 263,894.
- Other factors increased equity by 117,123,018.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$244.21 Million | +11.96% |
| Dividends Paid | CA$46.65 Million | -2.28% |
| Share Repurchases | CA$9.17 Million | -0.45% |
| Other Comprehensive Income | CA$263.89K | +0.01% |
| Other Changes | CA$117.12 Million | +5.74% |
| Total Change | CA$- | 17.62% |
Book Value vs Market Value Analysis
This analysis compares Triple Flag Precious Metals Corp'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: 4.28x
- 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 |
|---|---|---|---|
| 2016-12-31 | CA$-0.04 | CA$42.80 | x |
| 2017-12-31 | CA$-0.44 | CA$42.80 | x |
| 2018-12-31 | CA$2.83 | CA$42.80 | x |
| 2019-12-31 | CA$3.83 | CA$42.80 | x |
| 2020-12-31 | CA$6.57 | CA$42.80 | x |
| 2021-12-31 | CA$8.75 | CA$42.80 | x |
| 2022-12-31 | CA$8.45 | CA$42.80 | x |
| 2023-12-31 | CA$9.08 | CA$42.80 | x |
| 2024-12-31 | CA$8.59 | CA$42.80 | x |
| 2025-12-31 | CA$10.00 | CA$42.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Triple Flag Precious Metals Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 61.74%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.03x
- Recent ROE (11.96%) is above the historical average (1.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-6.30 Million |
| 2017 | 0.00% | -70.66% | 0.10x | 0.00x | CA$-25.79 Million |
| 2018 | -0.01% | -0.07% | 0.08x | 1.29x | CA$-43.99 Million |
| 2019 | -6.97% | -69.98% | 0.09x | 1.11x | CA$-100.76 Million |
| 2020 | 5.45% | 49.35% | 0.09x | 1.28x | CA$-46.33 Million |
| 2021 | 3.52% | 30.27% | 0.12x | 1.01x | CA$-83.94 Million |
| 2022 | 4.18% | 36.27% | 0.11x | 1.01x | CA$-76.76 Million |
| 2023 | 2.00% | 17.78% | 0.11x | 1.05x | CA$-144.79 Million |
| 2024 | -1.33% | -8.58% | 0.15x | 1.02x | CA$-196.66 Million |
| 2025 | 11.96% | 61.74% | 0.19x | 1.03x | CA$40.06 Million |
Industry Comparison
This section compares Triple Flag Precious Metals Corp's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $19,020,437
- Average return on equity (ROE) among peers: -25.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Triple Flag Precious Metals Corp (TFPM) | CA$2.04 Billion | 0.00% | 0.03x | $6.40 Billion |
| AbraSilver Resource Corp. (ABRA) | $8.76 Million | -117.42% | 2.77x | $1.97 Billion |
| Archon Minerals Ltd (ACS) | $-1.32 Million | 0.00% | 0.00x | $4.63 Million |
| Arctic Star Exploration Corp (ADD) | $7.61 Million | -10.85% | 0.15x | $1.73 Million |
| Adyton Resources Corp (ADY) | $276.14K | -90.50% | 0.96x | $80.71 Million |
| Adamera Minerals Corp. (ADZ) | $4.83 Million | -11.80% | 0.15x | $3.91 Million |
| Austral Gold Ltd (AGLD) | $79.55 Million | 12.51% | 0.72x | $69.64 Million |
| Clean Air Metals Inc (AIR) | $33.89 Million | -9.22% | 0.12x | $12.23 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $43.40 Million |
| American Creek Resources Ltd (AMK) | $14.12 Million | -24.77% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $26.52 Million | -4.99% | 0.01x | $3.47 Million |
About Triple Flag Precious Metals Corp
Triple Flag Precious Metals Corp., a precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. The company has a portfolio of streams and royalties providing exposure to copper, gold, silver, nickel, lea… Read more