TELUS International Net Assets
TELUS International net assets. Based on the latest financial reports, TELUS International (TIXT) has net assets worth CA$1.69 Billion CAD (≈ $1.23 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 (CA$4.44 Billion ≈ $3.21 Billion USD) and total liabilities (CA$2.75 Billion ≈ $1.99 Billion 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. Also explore TIXT net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.69 Billion |
| % of Total Assets | 38.16% |
| Annual Growth Rate | 46.49% |
| 5-Year Change | 75.08% |
| 10-Year Change | N/A |
| Growth Volatility | 125.44 |
Net Assets of TELUS International (2018–2024)
Net assets of TELUS International from 2018 to 2024. This chart illustrates how TELUS International's net assets have evolved over time, based on quarterly financial data. See TELUS International (TIXT) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for TELUS International (2018–2024)
The table below shows the annual net assets of TELUS International from 2018 to 2024. For live market cap and overall valuation, see TELUS International market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.95 Billion ≈ $1.41 Billion |
-4.52% |
| 2023-12-31 | CA$2.04 Billion ≈ $1.47 Billion |
+10.83% |
| 2022-12-31 | CA$1.84 Billion ≈ $1.33 Billion |
+11.06% |
| 2021-12-31 | CA$1.66 Billion ≈ $1.20 Billion |
+48.98% |
| 2020-12-31 | CA$1.11 Billion ≈ $803.61 Million |
+351.95% |
| 2019-12-31 | CA$245.80 Million ≈ $177.81 Million |
+24.96% |
| 2018-12-31 | CA$196.70 Million ≈ $142.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TELUS International'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 39430000000.0% over the analyzed period, indicating profitable operations and earnings retention.
TELUS International Net Assets Breakdown (December 2024)
TELUS International net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$286.00 Million | 14.70% |
| Common Stock | CA$1.66 Billion | 85.14% |
| Other Components | CA$3.00 Million | 0.15% |
| Total Equity | CA$1.95 Billion | 100.00% |
TELUS International Competitors by Market Cap
The table below lists competitors of TELUS International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elec-Tech International Co Ltd
SHE:002005
|
$556.46 Million |
|
Dook Media Group Limited
SHE:301025
|
$556.49 Million |
|
Skyworks Solutions Inc
SA:S1SL34
|
$556.51 Million |
|
Beijing Navigation Control Technology Co. Ltd.
SHG:688282
|
$556.68 Million |
|
Korea District Heating Corp
KO:071320
|
$556.33 Million |
|
Baotou Huazi Industry Co Ltd
SHG:600191
|
$556.33 Million |
|
Beijing Bayi Space LCD Technology Co Ltd
SHG:688181
|
$556.32 Million |
|
Pepper Money Ltd
AU:PPM
|
$556.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TELUS International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,037,000,000 to 1,945,000,000, a change of -92,000,000 (-4.5%).
- Net loss of 61,000,000 reduced equity.
- Share repurchases of 3,000,000 reduced equity.
- New share issuances of 3,000,000 increased equity.
- Other comprehensive income increased equity by 13,000,000.
- Other factors decreased equity by 44,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-61.00 Million | -3.14% |
| Share Repurchases | CA$3.00 Million | -0.15% |
| Share Issuances | CA$3.00 Million | +0.15% |
| Other Comprehensive Income | CA$13.00 Million | +0.67% |
| Other Changes | CA$-44.00 Million | -2.26% |
| Total Change | CA$- | -4.52% |
Book Value vs Market Value Analysis
This analysis compares TELUS International'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: 0.86x
- 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 decreased from 8.19x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CA$0.74 | CA$6.07 | x |
| 2019-12-31 | CA$0.93 | CA$6.07 | x |
| 2020-12-31 | CA$4.17 | CA$6.07 | x |
| 2021-12-31 | CA$6.20 | CA$6.07 | x |
| 2022-12-31 | CA$6.81 | CA$6.07 | x |
| 2023-12-31 | CA$7.12 | CA$6.07 | x |
| 2024-12-31 | CA$7.06 | CA$6.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TELUS International 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): -3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.29%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.32x
- Recent ROE (-3.14%) is below the historical average (10.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 23.95% | 5.64% | 0.92x | 4.62x | CA$27.43 Million |
| 2019 | 28.07% | 6.77% | 0.87x | 4.76x | CA$44.42 Million |
| 2020 | 9.27% | 6.51% | 0.42x | 3.37x | CA$-8.09 Million |
| 2021 | 4.71% | 3.56% | 0.61x | 2.19x | CA$-87.50 Million |
| 2022 | 9.96% | 7.41% | 0.69x | 1.93x | CA$-800.00K |
| 2023 | 2.65% | 1.99% | 0.56x | 2.37x | CA$-149.70 Million |
| 2024 | -3.14% | -2.29% | 0.59x | 2.32x | CA$-255.50 Million |
Industry Comparison
This section compares TELUS International's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $771,939,624
- Average return on equity (ROE) among peers: -31.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TELUS International (TIXT) | CA$1.69 Billion | 23.95% | 1.62x | $556.44 Million |
| BlackBerry Ltd (BB) | $7.60 Billion | 32.32% | 0.34x | $4.87 Billion |
| Blockchaink2 Corp (BITK) | $2.90 Million | -55.09% | 0.04x | $846.53K |
| BTQ Technologies Corp. (BTQ) | $6.80 Million | -17.00% | 0.07x | $288.33 Million |
| Coveo Solutions Inc (CVO) | $91.98 Million | -31.40% | 1.32x | $176.19 Million |
| Fobi AI Inc (FOBI) | $10.70 Million | -103.67% | 0.09x | $5.31 Million |
| Fintech Select Ltd (FTEC) | $-4.25 Million | 0.00% | 0.00x | $1.45 Million |
| Haivision Systems Inc (HAI) | $22.37 Million | 11.52% | 1.20x | $70.62 Million |
| Hank Payments Corp (HANK) | $-6.02 Million | 0.00% | 0.00x | $15.76 Million |
| DeepMarkit Corp (MKT) | $940.17K | -147.28% | 0.05x | $11.94 Million |
| Mogo Inc (MOGO) | $-8.69 Million | 0.00% | 0.00x | $25.11 Million |
About TELUS International
TELUS International (Cda) Inc. offers digital customer experience and digital solutions in the Asia-Pacific, Central America, Europe, Africa, North America, the United Arab Emirates, and internationally. The company provides digital solutions, such as cloud solutions and automation, trust, safety, and security services; and AI data solutions, including expertise in computer vision, front-end digi… Read more