Torex Gold Resources Inc (TXG) - Net Assets

Latest as of September 2025: CA$1.86 Billion CAD

Based on the latest financial reports, Torex Gold Resources Inc (TXG) has net assets worth CA$1.86 Billion 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$2.47 Billion) and total liabilities (CA$611.83 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$1.86 Billion
% of Total Assets 75.25%
Annual Growth Rate N/A
5-Year Change 72.38%
10-Year Change 143.37%
Growth Volatility 1627.87

Torex Gold Resources Inc - Net Assets Trend (2001–2024)

This chart illustrates how Torex Gold Resources 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 Torex Gold Resources Inc (2001–2024)

The table below shows the annual net assets of Torex Gold Resources Inc from 2001 to 2024.

Year Net Assets Change
2024-12-31 CA$1.63 Billion +9.08%
2023-12-31 CA$1.50 Billion +15.89%
2022-12-31 CA$1.29 Billion +17.24%
2021-12-31 CA$1.10 Billion +16.31%
2020-12-31 CA$946.10 Million +13.33%
2019-12-31 CA$834.80 Million +9.90%
2018-12-31 CA$759.60 Million +11.82%
2017-12-31 CA$679.30 Million -0.67%
2016-12-31 CA$683.90 Million +2.05%
2015-12-31 CA$670.14 Million -3.27%
2014-12-31 CA$692.79 Million +29.63%
2013-12-31 CA$534.43 Million -14.33%
2012-12-31 CA$623.86 Million +142.75%
2011-12-31 CA$257.00 Million -9.76%
2010-12-31 CA$284.80 Million +7398.61%
2009-12-31 CA$3.80 Million +8.74%
2008-12-31 CA$3.49 Million -24.55%
2007-12-31 CA$4.63 Million +1613.99%
2006-12-31 CA$270.09K +715.57%
2005-12-31 CA$33.12K -67.57%
2004-12-31 CA$102.10K +423.97%
2003-12-31 CA$-31.52K +29.69%
2002-12-31 CA$-44.83K -329.21%
2001-12-31 CA$-10.44K --

Equity Component Analysis

This analysis shows how different components contribute to Torex Gold Resources 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 63532357512.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$630.00 Million 38.63%
Common Stock CA$1.03 Billion 63.36%
Other Comprehensive Income CA$-56.60 Million -3.47%
Other Components CA$24.20 Million 1.48%
Total Equity CA$1.63 Billion 100.00%

Torex Gold Resources Inc Competitors by Market Cap

The table below lists competitors of Torex Gold Resources Inc ranked by their market capitalization.

Company Market Cap
Georg Fischer AG
SW:GF
 		$4.55 Billion
Shenzhen Huaqiang Industry Co Ltd
SHE:000062
 		$4.55 Billion
AAC Technologies Holdings Inc
F:A2XN
 		$4.56 Billion
Parq Arauco
SN:PARAUCO
 		$4.56 Billion
INDOF.CBP SUK.MAKM.RP 50
F:48I
 		$4.55 Billion
KITE REALTY GRP SBI DL-01
F:FGC1
 		$4.55 Billion
Mueller Water Products
NYSE:MWA
 		$4.55 Billion
GUNMA BK LTD
F:5F0
 		$4.54 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Torex Gold Resources Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,495,100,000 to 1,630,900,000, a change of 135,800,000 (9.1%).
  • Net income of 134,600,000 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 1.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$134.60 Million +8.25%
Other Comprehensive Income CA$-1.00 -0.0%
Other Changes CA$1.20 Million +0.07%
Total Change CA$- 9.08%

Book Value vs Market Value Analysis

This analysis compares Torex Gold Resources 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: 3.49x
  • 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
2001-12-31 CA$-0.01 CA$65.45 x
2002-12-31 CA$-0.06 CA$65.45 x
2003-12-31 CA$-0.04 CA$65.45 x
2004-12-31 CA$0.12 CA$65.45 x
2005-12-31 CA$0.04 CA$65.45 x
2006-12-31 CA$0.15 CA$65.45 x
2007-12-31 CA$2.12 CA$65.45 x
2008-12-31 CA$1.21 CA$65.45 x
2009-12-31 CA$1.32 CA$65.45 x
2010-12-31 CA$10.61 CA$65.45 x
2011-12-31 CA$7.38 CA$65.45 x
2012-12-31 CA$10.29 CA$65.45 x
2013-12-31 CA$8.82 CA$65.45 x
2014-12-31 CA$9.43 CA$65.45 x
2015-12-31 CA$8.53 CA$65.45 x
2016-12-31 CA$8.57 CA$65.45 x
2017-12-31 CA$8.51 CA$65.45 x
2018-12-31 CA$8.99 CA$65.45 x
2019-12-31 CA$9.73 CA$65.45 x
2020-12-31 CA$10.99 CA$65.45 x
2021-12-31 CA$12.77 CA$65.45 x
2022-12-31 CA$14.99 CA$65.45 x
2023-12-31 CA$17.30 CA$65.45 x
2024-12-31 CA$18.77 CA$65.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Torex Gold Resources 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): 8.25%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.07%
  • • Asset Turnover: 0.52x
  • • Equity Multiplier: 1.31x
  • Recent ROE (8.25%) is above the historical average (-19.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 0.00% 0.00% 0.00x 0.00x CA$-267.31K
2002 0.00% -54390.25% 0.01x 0.00x CA$-29.71K
2003 0.00% -12924.99% 0.02x 0.00x CA$-53.84K
2004 -210.62% -44089.32% 0.00x 1.01x CA$-225.26K
2005 -217.66% -13875.86% 0.01x 1.17x CA$-75.39K
2006 -25.44% 0.00% 0.00x 1.02x CA$-95.73K
2007 -4.41% 0.00% 0.00x 1.00x CA$-667.24K
2008 -6.90% 0.00% 0.00x 1.00x CA$-590.35K
2009 -25.08% 0.00% 0.00x 1.13x CA$-1.33 Million
2010 -5.66% 0.00% 0.00x 1.26x CA$-44.59 Million
2011 -10.67% 0.00% 0.00x 1.26x CA$-53.13 Million
2012 -10.51% 0.00% 0.00x 1.01x CA$-127.94 Million
2013 -12.53% 0.00% 0.00x 1.06x CA$-120.41 Million
2014 -3.80% 0.00% 0.00x 1.12x CA$-95.57 Million
2015 -3.67% 0.00% 0.00x 1.67x CA$-91.59 Million
2016 0.47% 1.02% 0.26x 1.76x CA$-65.19 Million
2017 -1.85% -4.00% 0.27x 1.72x CA$-80.53 Million
2018 3.05% 5.24% 0.35x 1.67x CA$-52.76 Million
2019 8.53% 11.11% 0.52x 1.47x CA$-12.28 Million
2020 11.52% 13.81% 0.63x 1.32x CA$14.39 Million
2021 13.79% 17.73% 0.63x 1.23x CA$41.66 Million
2022 14.63% 21.74% 0.55x 1.24x CA$59.79 Million
2023 13.67% 23.16% 0.48x 1.23x CA$54.89 Million
2024 8.25% 12.07% 0.52x 1.31x CA$-28.49 Million

Industry Comparison

This section compares Torex Gold Resources Inc's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $25,011,639
  • Average return on equity (ROE) among peers: -23.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Torex Gold Resources Inc (TXG) CA$1.86 Billion 0.00% 0.33x $4.55 Billion
Abcourt Mines Inc. (ABI) $27.66 Million -3.28% 0.35x $86.06 Million
Athabasca Minerals Inc (ABM) $13.38 Million -3.65% 0.02x $3.68 Million
American Eagle Gold Corp (AE) $830.83K -165.75% 0.05x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $518.31K -0.04% 0.11x $1.76 Million
Algo Grande Copper Corp. (ALGR) $-251.88K 0.00% 0.00x $9.71 Million
Alkane Resources Limited (ALK) $191.56 Million 29.08% 0.23x $985.87 Million
Alliance Mining Corp (ALM) $-3.10 Million 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $822.20K -78.33% 0.24x $38.60 Million
Argus Metals Corp. (AML) $3.98 Million -5.17% 0.10x $1.59 Million

About Torex Gold Resources Inc

TO:TXG Canada Gold
Market Cap
$4.55 Billion
CA$6.29 Billion CAD
Market Cap Rank
#3711 Global
#61 in Canada
Share Price
CA$65.45
Change (1 day)
+2.78%
52-Week Range
CA$39.03 - CA$83.11
All Time High
CA$83.11
Categories
Companies in Canada Gold
About

Torex Gold Resources Inc. operates as an intermediate gold producer. The company engages in the exploration, development, and operation of principal asset comprising 100% owned the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna project, the EPO project, a processing plant, and related infrastructure that covers an area of approxim… Read more