Terravest Capital Inc
TerraVest Industries Inc. manufactures and sells goods and services to agriculture, mining, energy production and distribution, chemical, utilities, transportation and construction, and other markets in Canada, the United States, and internationally. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed… Read more
Terravest Capital Inc (TVK) - Net Assets
Latest net assets as of June 2025: CA$738.02 Million CAD
Based on the latest financial reports, Terravest Capital Inc (TVK) has net assets worth CA$738.02 Million CAD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.10 Billion) and total liabilities (CA$1.36 Billion). 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$738.02 Million |
| % of Total Assets | 35.23% |
| Annual Growth Rate | 6.57% |
| 5-Year Change | 216.8% |
| 10-Year Change | 342.39% |
| Growth Volatility | 28.62 |
Terravest Capital Inc - Net Assets Trend (2004–2024)
This chart illustrates how Terravest Capital 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 Terravest Capital Inc (2004–2024)
The table below shows the annual net assets of Terravest Capital Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CA$399.62 Million | +68.09% |
| 2023-09-30 | CA$237.74 Million | +21.35% |
| 2022-09-30 | CA$195.92 Million | +48.36% |
| 2021-09-30 | CA$132.06 Million | +4.69% |
| 2020-09-30 | CA$126.14 Million | +24.98% |
| 2019-09-30 | CA$100.93 Million | +13.80% |
| 2018-09-30 | CA$88.69 Million | +2.38% |
| 2017-09-30 | CA$86.62 Million | +0.12% |
| 2016-09-30 | CA$86.52 Million | -4.22% |
| 2015-09-30 | CA$90.33 Million | +12.76% |
| 2014-09-30 | CA$80.11 Million | +78.21% |
| 2013-09-30 | CA$44.95 Million | +1.24% |
| 2012-09-30 | CA$44.40 Million | -28.61% |
| 2011-09-30 | CA$62.19 Million | -28.38% |
| 2010-09-30 | CA$86.83 Million | +1.56% |
| 2009-09-30 | CA$85.50 Million | +6.47% |
| 2008-09-30 | CA$80.31 Million | -36.92% |
| 2007-09-30 | CA$127.31 Million | -14.85% |
| 2006-09-30 | CA$149.51 Million | +8.26% |
| 2005-09-30 | CA$138.10 Million | +23.47% |
| 2004-09-30 | CA$111.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Terravest Capital 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 5457.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$98.71 Million | 26.85% |
| Common Stock | CA$250.64 Million | 68.17% |
| Other Components | CA$18.30 Million | 4.98% |
| Total Equity | CA$367.65 Million | 100.00% |
Terravest Capital Inc Competitors by Market Cap
The table below lists competitors of Terravest Capital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Longshine Technology Co Ltd
SHE:300682
|
$1.53 Billion |
|
Teekay Tankers Ltd
NYSE:TNK
|
$1.53 Billion |
|
Buckle Inc
NYSE:BKE
|
$1.53 Billion |
|
Pingdingshan Tianan Coal Mining Co Ltd
SHG:601666
|
$1.53 Billion |
|
Inner Mongolia Furui Med Sci
SHE:300049
|
$1.53 Billion |
|
Athabasca Oil Corp
PINK:ATHOF
|
$1.53 Billion |
|
Zhefu Holding Group Co Ltd
SHE:002266
|
$1.53 Billion |
|
Piramal Enterprises Limited
NSE:PEL
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Terravest Capital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 217,076,000 to 367,651,000, a change of 150,575,000 (69.4%).
- Net income of 63,571,000 contributed positively to equity growth.
- Dividend payments of 10,604,000 reduced retained earnings.
- Share repurchases of 87,364,000 reduced equity.
- New share issuances of 91,928,000 increased equity.
- Other comprehensive income decreased equity by 3,631,999.
- Other factors increased equity by 96,675,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$63.57 Million | +17.29% |
| Dividends Paid | CA$10.60 Million | -2.88% |
| Share Repurchases | CA$87.36 Million | -23.76% |
| Share Issuances | CA$91.93 Million | +25.0% |
| Other Comprehensive Income | CA$-3.63 Million | -0.99% |
| Other Changes | CA$96.68 Million | +26.3% |
| Total Change | CA$- | 69.37% |
Book Value vs Market Value Analysis
This analysis compares Terravest Capital 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: 7.47x
- 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 decreased from 9.63x to 7.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-09-30 | CA$14.61 | CA$140.74 | x |
| 2005-09-30 | CA$7.55 | CA$140.74 | x |
| 2006-09-30 | CA$6.69 | CA$140.74 | x |
| 2007-09-30 | CA$5.85 | CA$140.74 | x |
| 2008-09-30 | CA$4.03 | CA$140.74 | x |
| 2009-09-30 | CA$4.02 | CA$140.74 | x |
| 2010-09-30 | CA$4.42 | CA$140.74 | x |
| 2011-09-30 | CA$3.14 | CA$140.74 | x |
| 2012-09-30 | CA$2.94 | CA$140.74 | x |
| 2013-09-30 | CA$3.58 | CA$140.74 | x |
| 2014-09-30 | CA$5.27 | CA$140.74 | x |
| 2015-09-30 | CA$4.62 | CA$140.74 | x |
| 2016-09-30 | CA$4.69 | CA$140.74 | x |
| 2017-09-30 | CA$4.05 | CA$140.74 | x |
| 2018-09-30 | CA$4.30 | CA$140.74 | x |
| 2019-09-30 | CA$5.26 | CA$140.74 | x |
| 2020-09-30 | CA$6.62 | CA$140.74 | x |
| 2021-09-30 | CA$7.20 | CA$140.74 | x |
| 2022-09-30 | CA$10.15 | CA$140.74 | x |
| 2023-09-30 | CA$11.98 | CA$140.74 | x |
| 2024-09-30 | CA$18.85 | CA$140.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Terravest Capital Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.97%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.36x
- Recent ROE (17.29%) is above the historical average (8.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 1.67% | 6.89% | 0.19x | 1.29x | CA$-8.86 Million |
| 2005 | 11.65% | 6.62% | 0.69x | 2.55x | CA$1.86 Million |
| 2006 | -0.15% | -0.08% | 1.06x | 1.87x | CA$-13.91 Million |
| 2007 | -19.30% | -8.69% | 1.13x | 1.96x | CA$-30.24 Million |
| 2008 | -27.67% | -9.19% | 1.47x | 2.04x | CA$-30.25 Million |
| 2009 | 5.58% | 1.97% | 1.57x | 1.81x | CA$-3.49 Million |
| 2010 | 9.00% | 8.82% | 0.78x | 1.30x | CA$-865.50K |
| 2011 | -2.29% | -1.92% | 0.78x | 1.54x | CA$-7.60 Million |
| 2012 | 5.71% | 3.57% | 0.92x | 1.74x | CA$-1.90 Million |
| 2013 | 0.71% | 0.50% | 0.89x | 1.61x | CA$-4.15 Million |
| 2014 | 10.81% | 6.40% | 0.77x | 2.20x | CA$630.70K |
| 2015 | 16.66% | 7.67% | 1.01x | 2.14x | CA$5.98 Million |
| 2016 | 8.69% | 4.18% | 1.06x | 1.97x | CA$-1.12 Million |
| 2017 | 10.67% | 4.77% | 0.93x | 2.41x | CA$576.50K |
| 2018 | 19.55% | 6.40% | 1.11x | 2.76x | CA$8.44 Million |
| 2019 | 22.38% | 7.34% | 1.12x | 2.72x | CA$12.44 Million |
| 2020 | 21.31% | 8.82% | 0.95x | 2.54x | CA$14.25 Million |
| 2021 | 27.73% | 11.91% | 0.76x | 3.08x | CA$23.41 Million |
| 2022 | 24.65% | 7.85% | 0.94x | 3.35x | CA$26.89 Million |
| 2023 | 19.38% | 6.20% | 1.04x | 3.01x | CA$20.37 Million |
| 2024 | 17.29% | 6.97% | 1.05x | 2.36x | CA$26.81 Million |
Industry Comparison
This section compares Terravest Capital Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $-53,890,528
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Terravest Capital Inc (TVK) | CA$738.02 Million | 1.67% | 1.84x | $1.53 Billion |
| FLINT Corp. (FLNT) | $-103.51 Million | 0.00% | 0.00x | $99.53 Million |
| HTC Purenergy Inc. (HTC) | $-4.27 Million | 0.00% | 0.00x | $720.58K |