Titanium Transportation Group Inc.
Titanium Transportation Group Inc., together with its subsidiaries, operates as an asset-based transportation and logistics company in North America. It operates through Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including dry vans, flat… Read more
Titanium Transportation Group Inc. (TTNM) - Net Assets
Latest net assets as of September 2025: CA$80.00 Million CAD
Based on the latest financial reports, Titanium Transportation Group Inc. (TTNM) has net assets worth CA$80.00 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$286.18 Million) and total liabilities (CA$206.18 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 | CA$80.00 Million |
| % of Total Assets | 27.95% |
| Annual Growth Rate | 34.39% |
| 5-Year Change | 69.76% |
| 10-Year Change | 134.88% |
| Growth Volatility | 122.41 |
Titanium Transportation Group Inc. - Net Assets Trend (2012–2024)
This chart illustrates how Titanium Transportation Group Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Titanium Transportation Group Inc. (2012–2024)
The table below shows the annual net assets of Titanium Transportation Group Inc. from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$79.91 Million | -23.57% |
| 2023-12-31 | CA$104.55 Million | +6.44% |
| 2022-12-31 | CA$98.22 Million | +33.24% |
| 2021-12-31 | CA$73.71 Million | +56.60% |
| 2020-12-31 | CA$47.07 Million | +15.93% |
| 2019-12-31 | CA$40.60 Million | +3.82% |
| 2018-12-31 | CA$39.11 Million | +19.82% |
| 2017-12-31 | CA$32.64 Million | -9.93% |
| 2016-12-31 | CA$36.24 Million | +6.52% |
| 2015-12-31 | CA$34.02 Million | +404.12% |
| 2014-12-31 | CA$6.75 Million | +6289.18% |
| 2013-12-31 | CA$-109.04K | -104.74% |
| 2012-12-31 | CA$2.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Titanium Transportation Group Inc.'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 947.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$15.91 Million | 19.91% |
| Common Stock | CA$51.76 Million | 64.77% |
| Other Comprehensive Income | CA$1.81 Million | 2.27% |
| Other Components | CA$10.43 Million | 13.06% |
| Total Equity | CA$79.91 Million | 100.00% |
Titanium Transportation Group Inc. Competitors by Market Cap
The table below lists competitors of Titanium Transportation Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SynAct Pharma AB
ST:SYNACT
|
$49.17 Million |
|
Avantium Holding BV
AS:AVTX
|
$49.19 Million |
|
Paxman AB
PINK:PXMBF
|
$49.22 Million |
|
Chino Commercial Bancorp
PINK:CCBC
|
$49.22 Million |
|
EVISO SPA
F:6Z8
|
$49.16 Million |
|
Indian Hume Pipe Company Limited
NSE:INDIANHUME
|
$49.12 Million |
|
Nebag ag
SW:NBEN
|
$49.12 Million |
|
PEDEVCO Corp
NYSE MKT:PED
|
$49.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Titanium Transportation Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,549,000 to 79,909,000, a change of -24,640,000 (-23.6%).
- Net loss of 24,013,000 reduced equity.
- Dividend payments of 3,592,000 reduced retained earnings.
- Share repurchases of 368,000 reduced equity.
- New share issuances of 836,000 increased equity.
- Other comprehensive income increased equity by 1,421,000.
- Other factors increased equity by 1,076,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-24.01 Million | -30.05% |
| Dividends Paid | CA$3.59 Million | -4.5% |
| Share Repurchases | CA$368.00K | -0.46% |
| Share Issuances | CA$836.00K | +1.05% |
| Other Comprehensive Income | CA$1.42 Million | +1.78% |
| Other Changes | CA$1.08 Million | +1.35% |
| Total Change | CA$- | -23.57% |
Book Value vs Market Value Analysis
This analysis compares Titanium Transportation Group Inc.'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: 1.23x
- 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 26.54x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CA$0.08 | CA$2.22 | x |
| 2013-12-31 | CA$-0.01 | CA$2.22 | x |
| 2014-12-31 | CA$0.29 | CA$2.22 | x |
| 2015-12-31 | CA$1.08 | CA$2.22 | x |
| 2016-12-31 | CA$0.98 | CA$2.22 | x |
| 2017-12-31 | CA$0.88 | CA$2.22 | x |
| 2018-12-31 | CA$1.07 | CA$2.22 | x |
| 2019-12-31 | CA$1.11 | CA$2.22 | x |
| 2020-12-31 | CA$1.26 | CA$2.22 | x |
| 2021-12-31 | CA$1.78 | CA$2.22 | x |
| 2022-12-31 | CA$2.17 | CA$2.22 | x |
| 2023-12-31 | CA$2.30 | CA$2.22 | x |
| 2024-12-31 | CA$1.80 | CA$2.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Titanium Transportation Group Inc. 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): -30.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.22%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 3.75x
- Recent ROE (-30.05%) is below the historical average (8.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 39.49% | 2.65% | 2.74x | 5.43x | CA$648.45K |
| 2013 | 0.00% | 2.47% | 9691.16x | 0.00x | CA$1.05 Million |
| 2014 | 29.23% | 2.75% | 1.71x | 6.23x | CA$1.30 Million |
| 2015 | 3.51% | 1.08% | 1.26x | 2.58x | CA$-2.21 Million |
| 2016 | -0.17% | -0.05% | 1.04x | 3.09x | CA$-3.69 Million |
| 2017 | -9.46% | -2.38% | 1.13x | 3.50x | CA$-6.35 Million |
| 2018 | 14.48% | 3.06% | 1.64x | 2.88x | CA$1.75 Million |
| 2019 | 3.90% | 0.95% | 1.23x | 3.33x | CA$-2.48 Million |
| 2020 | 13.31% | 3.12% | 1.45x | 2.95x | CA$1.56 Million |
| 2021 | 6.83% | 1.26% | 1.71x | 3.17x | CA$-2.34 Million |
| 2022 | 25.33% | 5.01% | 1.77x | 2.86x | CA$15.06 Million |
| 2023 | 9.78% | 2.47% | 1.16x | 3.41x | CA$-225.90K |
| 2024 | -30.05% | -5.22% | 1.53x | 3.75x | CA$-32.00 Million |
Industry Comparison
This section compares Titanium Transportation Group Inc.'s net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $431,132,000
- Average return on equity (ROE) among peers: 14.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Titanium Transportation Group Inc. (TTNM) | CA$80.00 Million | 39.49% | 2.58x | $49.17 Million |
| Andlauer Healthcare Gr (AND) | $431.13 Million | 14.95% | 0.62x | $684.64 Million |