Torex Gold Resources Inc Net Assets

Latest as of March 2026: CA$2.52 Billion CAD ≈ $1.82 Billion USD

Torex Gold Resources Inc net assets. Based on the latest financial reports, Torex Gold Resources Inc (TXG) has net assets worth CA$2.52 Billion CAD (≈ $1.82 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.01 Billion ≈ $2.17 Billion USD) and total liabilities (CA$486.90 Million ≈ $352.22 Million 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 Torex Gold Resources Inc equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$2.52 Billion
% of Total Assets	83.8%
Annual Growth Rate	N/A
5-Year Change	120.12%
10-Year Change	254.17%
Growth Volatility	1591.47

Net Assets of Torex Gold Resources Inc (2001–2025)

Net assets of Torex Gold Resources Inc from 2001 to 2025. This chart illustrates how Torex Gold Resources Inc's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Torex Gold Resources Inc to measure how much of total assets are equity-financed.

Annual Net Assets for Torex Gold Resources Inc (2001–2025)

The table below shows the annual net assets of Torex Gold Resources Inc from 2001 to 2025. For live market cap and overall valuation, see Torex Gold Resources Inc market cap and net worth.

Year	Net Assets	Change
2025-12-31	CA$2.42 Billion ≈ $1.75 Billion	+48.52%
2024-12-31	CA$1.63 Billion ≈ $1.18 Billion	+9.08%
2023-12-31	CA$1.50 Billion ≈ $1.08 Billion	+15.89%
2022-12-31	CA$1.29 Billion ≈ $933.24 Million	+17.24%
2021-12-31	CA$1.10 Billion ≈ $796.01 Million	+16.31%
2020-12-31	CA$946.10 Million ≈ $684.39 Million	+13.33%
2019-12-31	CA$834.80 Million ≈ $603.88 Million	+9.90%
2018-12-31	CA$759.60 Million ≈ $549.48 Million	+11.82%
2017-12-31	CA$679.30 Million ≈ $491.40 Million	-0.67%
2016-12-31	CA$683.90 Million ≈ $494.72 Million	+2.05%
2015-12-31	CA$670.14 Million ≈ $484.77 Million	-3.27%
2014-12-31	CA$692.79 Million ≈ $501.15 Million	+29.63%
2013-12-31	CA$534.43 Million ≈ $386.60 Million	-14.33%
2012-12-31	CA$623.86 Million ≈ $451.29 Million	+142.75%
2011-12-31	CA$257.00 Million ≈ $185.91 Million	-9.76%
2010-12-31	CA$284.80 Million ≈ $206.02 Million	+7398.61%
2009-12-31	CA$3.80 Million ≈ $2.75 Million	+8.74%
2008-12-31	CA$3.49 Million ≈ $2.53 Million	-24.55%
2007-12-31	CA$4.63 Million ≈ $3.35 Million	+1613.99%
2006-12-31	CA$270.09K ≈ $195.38K	+715.57%
2005-12-31	CA$33.12K ≈ $23.96K	-67.57%
2004-12-31	CA$102.10K ≈ $73.86K	+423.97%
2003-12-31	CA$-31.52K ≈ $-22.80K	+29.69%
2002-12-31	CA$-44.83K ≈ $-32.43K	-329.21%
2001-12-31	CA$-10.44K ≈ $-7.56K	--

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 100330408812.0% over the analyzed period, indicating profitable operations and earnings retention.

Torex Gold Resources Inc Net Assets Breakdown (December 2025)

Torex Gold Resources Inc net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CA$997.98 Million	41.20%
Common Stock	CA$1.45 Billion	59.98%
Other Comprehensive Income	CA$-56.50 Million	-2.33%
Other Components	CA$27.95 Million	1.15%
Total Equity	CA$2.42 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
Crescent Energy Co NYSE:CRGY	$4.30 Billion
Inner Mongolia ERDOS Resources Co Ltd SHG:600295	$4.30 Billion
Primoris Services Corporation NYSE:PRIM	$4.30 Billion
Rompetrol Rafi RO:RRC	$4.30 Billion
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A SHG:600663	$4.29 Billion
Henan Pinggao Electric Co Ltd SHG:600312	$4.29 Billion
ABSA Bank Limited JSE:ABSP	$4.29 Billion
Hanjaya Mandala Sampoerna Tbk PT JK:HMSP	$4.29 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 2024 to 2025, total equity changed from 1,630,900,000 to 2,422,183,951, a change of 791,283,951 (48.5%).
Net income of 410,461,731 contributed positively to equity growth.
Dividend payments of 10,378,556 reduced retained earnings.
Share repurchases of 34,493,437 reduced equity.
Other comprehensive income increased equity by 103,004.
Other factors increased equity by 425,591,209.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$410.46 Million	+16.95%
Dividends Paid	CA$10.38 Million	-0.43%
Share Repurchases	CA$34.49 Million	-1.42%
Other Comprehensive Income	CA$103.00K	+0.0%
Other Changes	CA$425.59 Million	+17.57%
Total Change	CA$-	48.52%

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: 2.34x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	CA$-0.01	CA$63.64	x
2002-12-31	CA$-0.06	CA$63.64	x
2003-12-31	CA$-0.04	CA$63.64	x
2004-12-31	CA$0.12	CA$63.64	x
2005-12-31	CA$0.04	CA$63.64	x
2006-12-31	CA$0.15	CA$63.64	x
2007-12-31	CA$2.12	CA$63.64	x
2008-12-31	CA$1.21	CA$63.64	x
2009-12-31	CA$1.32	CA$63.64	x
2010-12-31	CA$10.61	CA$63.64	x
2011-12-31	CA$7.38	CA$63.64	x
2012-12-31	CA$10.29	CA$63.64	x
2013-12-31	CA$8.82	CA$63.64	x
2014-12-31	CA$9.43	CA$63.64	x
2015-12-31	CA$8.53	CA$63.64	x
2016-12-31	CA$8.57	CA$63.64	x
2017-12-31	CA$8.51	CA$63.64	x
2018-12-31	CA$8.99	CA$63.64	x
2019-12-31	CA$9.73	CA$63.64	x
2020-12-31	CA$10.99	CA$63.64	x
2021-12-31	CA$12.77	CA$63.64	x
2022-12-31	CA$14.99	CA$63.64	x
2023-12-31	CA$17.30	CA$63.64	x
2024-12-31	CA$18.77	CA$63.64	x
2025-12-31	CA$27.17	CA$63.64	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): 16.95%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 30.90%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.25x
Recent ROE (16.95%) is above the historical average (-17.92%), 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
2025	16.95%	30.90%	0.44x	1.25x	CA$168.24 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: $677,650,424
Average return on equity (ROE) among peers: -20.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Torex Gold Resources Inc (TXG)	CA$2.52 Billion	0.00%	0.19x	$4.30 Billion
Allied Gold Corporation (AAUC)	$111.36 Million	-6.66%	4.92x	$2.40 Billion
Abcourt Mines Inc. (ABI)	$-3.13 Million	0.00%	0.00x	$47.48 Million
Barrick Gold Corp (ABX)	$3.85 Billion	10.41%	0.78x	$61.83 Billion
American Eagle Gold Corp (AE)	$830.83K	-165.75%	0.05x	$133.41 Million
Agnico Eagle Mines Limited (AEM)	$110.01 Million	9.00%	1.33x	$85.78 Billion
Alamos Gold Inc (AGI)	$2.70 Billion	3.57%	0.26x	$11.51 Billion
AIS Resources Ltd (AIS)	$2.27 Million	1.48%	0.03x	$2.02 Million
Alliance Mining Corp (ALM)	$-2.44 Million	0.00%	0.00x	$2.09 Million
Altamira Gold Corp (ALTA)	$2.59 Million	-43.05%	0.10x	$38.63 Million
Almaden Minerals Ltd (AMM)	$9.85 Million	-13.46%	0.05x	$24.82 Million

About Torex Gold Resources Inc

TO:TXG Canada Gold

Market Cap

$4.30 Billion

CA$5.94 Billion CAD

Market Cap Rank

#3836 Global

#131 in Canada

Share Price

CA$63.64

Change (1 day)

-2.53%

52-Week Range

CA$51.97 - CA$83.11

All Time High

CA$83.11