Taseko Mines Ltd (TKO) - Net Assets
Based on the latest financial reports, Taseko Mines Ltd (TKO) has net assets worth CA$547.49 Million CAD (≈ $396.05 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 (CA$2.33 Billion ≈ $1.68 Billion USD) and total liabilities (CA$1.78 Billion ≈ $1.29 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. Explore how efficiently does Taseko Mines Ltd generate cash to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$547.49 Million |
| % of Total Assets | 23.52% |
| Annual Growth Rate | 9.74% |
| 5-Year Change | 58.56% |
| 10-Year Change | 35.88% |
| Growth Volatility | 92.83 |
Taseko Mines Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Taseko Mines Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Taseko Mines Ltd (TKO) total market value.
Annual Net Assets for Taseko Mines Ltd (1996–2024)
The table below shows the annual net assets of Taseko Mines Ltd from 1996 to 2024. Read Taseko Mines Ltd total liabilities for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$503.22 Million ≈ $364.02 Million |
+15.91% |
| 2023-12-31 | CA$434.15 Million ≈ $314.06 Million |
+21.81% |
| 2022-12-31 | CA$356.41 Million ≈ $257.82 Million |
-0.59% |
| 2021-12-31 | CA$358.52 Million ≈ $259.35 Million |
+12.96% |
| 2020-12-31 | CA$317.37 Million ≈ $229.58 Million |
+5.20% |
| 2019-12-31 | CA$301.69 Million ≈ $218.24 Million |
-13.08% |
| 2018-12-31 | CA$347.08 Million ≈ $251.07 Million |
-5.45% |
| 2017-12-31 | CA$367.08 Million ≈ $265.54 Million |
+8.30% |
| 2016-12-31 | CA$338.94 Million ≈ $245.18 Million |
-8.48% |
| 2015-12-31 | CA$370.34 Million ≈ $267.90 Million |
-12.30% |
| 2014-12-31 | CA$422.27 Million ≈ $305.47 Million |
-0.92% |
| 2013-12-31 | CA$426.22 Million ≈ $308.32 Million |
-4.35% |
| 2012-12-31 | CA$445.58 Million ≈ $322.33 Million |
-5.72% |
| 2011-12-31 | CA$472.59 Million ≈ $341.86 Million |
+2.57% |
| 2010-12-31 | CA$460.74 Million ≈ $333.29 Million |
+55.29% |
| 2009-12-31 | CA$296.69 Million ≈ $214.62 Million |
+26.30% |
| 2008-12-31 | CA$234.91 Million ≈ $169.93 Million |
+43.53% |
| 2007-12-31 | CA$163.66 Million ≈ $118.39 Million |
+62.14% |
| 2006-12-31 | CA$100.93 Million ≈ $73.01 Million |
+246.74% |
| 2005-12-31 | CA$29.11 Million ≈ $21.06 Million |
+398.49% |
| 2004-12-31 | CA$5.84 Million ≈ $4.22 Million |
-76.34% |
| 2003-12-31 | CA$24.68 Million ≈ $17.86 Million |
+19.99% |
| 2002-12-31 | CA$20.57 Million ≈ $14.88 Million |
+678.15% |
| 2001-12-31 | CA$-3.56 Million ≈ $-2.57 Million |
-107.72% |
| 2000-12-31 | CA$46.10 Million ≈ $33.35 Million |
+16.13% |
| 1999-12-31 | CA$39.70 Million ≈ $28.72 Million |
+47.04% |
| 1998-12-31 | CA$27.00 Million ≈ $19.53 Million |
+4.25% |
| 1997-12-31 | CA$25.90 Million ≈ $18.74 Million |
-30.56% |
| 1996-12-31 | CA$37.30 Million ≈ $26.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Taseko Mines 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 decreased by 11652247700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$529.41 Million | 105.20% |
| Other Comprehensive Income | CA$52.84 Million | 10.50% |
| Other Components | CA$57.79 Million | 11.48% |
| Total Equity | CA$503.22 Million | 100.00% |
Taseko Mines Ltd Competitors by Market Cap
The table below lists competitors of Taseko Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
|
$2.57 Billion |
|
Guangdong Kingshine Electronic Tech
SHE:300903
|
$2.57 Billion |
|
Enerflex Ltd.
NYSE:EFXT
|
$2.57 Billion |
|
HC Semitek Corp
SHE:300323
|
$2.57 Billion |
|
Yankey Engineering Co Ltd
TW:6691
|
$2.56 Billion |
|
Madison Square Garden Entertainment Corp
NYSE:MSGE
|
$2.56 Billion |
|
Wanbangde Pharmaceutical Holding Group Co Ltd
SHE:002082
|
$2.56 Billion |
|
TP ICAP GROUP PLC LS -25
F:8D7
|
$2.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taseko Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 434,148,000 to 503,222,000, a change of 69,074,000 (15.9%).
- Net loss of 13,444,000 reduced equity.
- Share repurchases of 37,340,000 reduced equity.
- New share issuances of 37,340,000 increased equity.
- Other comprehensive income increased equity by 36,288,000.
- Other factors increased equity by 46,230,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-13.44 Million | -2.67% |
| Share Repurchases | CA$37.34 Million | -7.42% |
| Share Issuances | CA$37.34 Million | +7.42% |
| Other Comprehensive Income | CA$36.29 Million | +7.21% |
| Other Changes | CA$46.23 Million | +9.19% |
| Total Change | CA$- | 15.91% |
Book Value vs Market Value Analysis
This analysis compares Taseko Mines 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: 5.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.34x to 5.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CA$2.95 | CA$9.84 | x |
| 1997-12-31 | CA$1.87 | CA$9.84 | x |
| 1998-12-31 | CA$1.81 | CA$9.84 | x |
| 1999-12-31 | CA$2.21 | CA$9.84 | x |
| 2000-12-31 | CA$1.97 | CA$9.84 | x |
| 2001-12-31 | CA$-0.14 | CA$9.84 | x |
| 2002-12-31 | CA$0.68 | CA$9.84 | x |
| 2003-12-31 | CA$0.53 | CA$9.84 | x |
| 2004-12-31 | CA$0.08 | CA$9.84 | x |
| 2005-12-31 | CA$0.26 | CA$9.84 | x |
| 2006-12-31 | CA$0.80 | CA$9.84 | x |
| 2007-12-31 | CA$1.15 | CA$9.84 | x |
| 2008-12-31 | CA$1.30 | CA$9.84 | x |
| 2009-12-31 | CA$1.64 | CA$9.84 | x |
| 2010-12-31 | CA$2.27 | CA$9.84 | x |
| 2011-12-31 | CA$2.39 | CA$9.84 | x |
| 2012-12-31 | CA$2.31 | CA$9.84 | x |
| 2013-12-31 | CA$2.22 | CA$9.84 | x |
| 2014-12-31 | CA$2.14 | CA$9.84 | x |
| 2015-12-31 | CA$1.67 | CA$9.84 | x |
| 2016-12-31 | CA$1.53 | CA$9.84 | x |
| 2017-12-31 | CA$1.58 | CA$9.84 | x |
| 2018-12-31 | CA$1.52 | CA$9.84 | x |
| 2019-12-31 | CA$1.24 | CA$9.84 | x |
| 2020-12-31 | CA$1.27 | CA$9.84 | x |
| 2021-12-31 | CA$1.25 | CA$9.84 | x |
| 2022-12-31 | CA$1.25 | CA$9.84 | x |
| 2023-12-31 | CA$1.49 | CA$9.84 | x |
| 2024-12-31 | CA$1.70 | CA$9.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taseko Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.21%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 4.36x
- Recent ROE (-2.67%) is above the historical average (-47.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -5.10% | -1912.34% | 0.00x | 1.06x | CA$-5.63 Million |
| 1997 | -58.30% | -15186.08% | 0.00x | 1.12x | CA$-17.69 Million |
| 1998 | -18.15% | -4926.17% | 0.00x | 1.09x | CA$-7.60 Million |
| 1999 | -10.08% | -4008.82% | 0.00x | 2.31x | CA$-7.97 Million |
| 2000 | -12.82% | -393952533.33% | 0.00x | 1.72x | CA$-10.52 Million |
| 2001 | 0.00% | -5237.74% | 0.03x | 0.00x | CA$-57.81 Million |
| 2002 | -31.62% | 0.00% | 0.00x | 2.93x | CA$-8.56 Million |
| 2003 | -14.22% | -97460.11% | 0.00x | 2.48x | CA$-5.98 Million |
| 2004 | -1381.36% | 0.00% | 0.00x | 22.41x | CA$-81.25 Million |
| 2005 | 83.70% | 27.80% | 0.46x | 6.56x | CA$21.45 Million |
| 2006 | 32.61% | 20.33% | 0.54x | 2.95x | CA$22.82 Million |
| 2007 | 29.49% | 22.10% | 0.58x | 2.31x | CA$31.90 Million |
| 2008 | 18.37% | 19.52% | 0.46x | 2.04x | CA$19.66 Million |
| 2009 | 3.56% | 5.59% | 0.35x | 1.80x | CA$-19.11 Million |
| 2010 | 32.42% | 53.64% | 0.39x | 1.57x | CA$103.28 Million |
| 2011 | 5.71% | 10.71% | 0.25x | 2.10x | CA$-20.29 Million |
| 2012 | -2.05% | -3.60% | 0.25x | 2.24x | CA$-53.70 Million |
| 2013 | -8.17% | -12.01% | 0.30x | 2.28x | CA$-77.46 Million |
| 2014 | -12.76% | -15.71% | 0.35x | 2.35x | CA$-96.11 Million |
| 2015 | -16.84% | -21.55% | 0.30x | 2.63x | CA$-99.39 Million |
| 2016 | -9.26% | -11.90% | 0.28x | 2.80x | CA$-65.29 Million |
| 2017 | 9.33% | 9.06% | 0.38x | 2.69x | CA$-2.45 Million |
| 2018 | -10.31% | -10.40% | 0.35x | 2.80x | CA$-70.48 Million |
| 2019 | -17.69% | -16.22% | 0.37x | 2.93x | CA$-83.55 Million |
| 2020 | -7.41% | -6.85% | 0.38x | 2.87x | CA$-55.26 Million |
| 2021 | 10.17% | 8.42% | 0.37x | 3.30x | CA$620.20K |
| 2022 | -7.29% | -6.63% | 0.31x | 3.59x | CA$-61.61 Million |
| 2023 | 19.05% | 15.76% | 0.34x | 3.61x | CA$39.31 Million |
| 2024 | -2.67% | -2.21% | 0.28x | 4.36x | CA$-63.77 Million |
Industry Comparison
This section compares Taseko Mines Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $1,500,651,919
- Average return on equity (ROE) among peers: -35.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taseko Mines Ltd (TKO) | CA$547.49 Million | -5.10% | 3.25x | $2.57 Billion |
| Amerigo Resources Ltd. (ARG) | $150.52 Million | 10.22% | 0.44x | $736.55 Million |
| Aranjin Resources Ltd (ARJN) | $-618.72K | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $1.82 Million | -131.87% | 5.65x | $652.36 Million |
| Bell Copper Corp (BCU) | $36.10 Million | -15.42% | 0.56x | $7.90 Million |
| Capstone Mining Corp (CS) | $3.46 Billion | 2.40% | 0.84x | $6.41 Billion |
| Copper Fox Metals Inc. (CUU) | $76.16 Million | -1.43% | 0.05x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $12.84 Million | -55.68% | 0.04x | $152.98 Million |
| Ero Copper Corp (ERO) | $542.16 Million | 18.78% | 1.19x | $2.80 Billion |
| Faraday Copper Corp. (FDY) | $4.78 Million | -190.41% | 0.18x | $480.47 Million |
| First Quantum Minerals Ltd (FM) | $10.72 Billion | 4.11% | 1.20x | $21.48 Billion |
About Taseko Mines Ltd
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal assets consist of 100% owned the Gibraltar mine located in central British Columbia; and the Florence Copper project in Arizona. It also owns interests in the Yellowhead copper, the New Prosperity gold-copper, … Read more