Touchstone Exploration Inc (TXP) - Net Assets

Latest as of September 2025: CA$71.60 Million CAD

Based on the latest financial reports, Touchstone Exploration Inc (TXP) has net assets worth CA$71.60 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$236.40 Million) and total liabilities (CA$164.80 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$71.60 Million
% of Total Assets 30.29%
Annual Growth Rate 16.46%
5-Year Change 14.02%
10-Year Change 81.39%
Growth Volatility 128.77

Touchstone Exploration Inc - Net Assets Trend (1994–2024)

This chart illustrates how Touchstone Exploration 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 Touchstone Exploration Inc (1994–2024)

The table below shows the annual net assets of Touchstone Exploration Inc from 1994 to 2024.

Year Net Assets Change
2024-12-31 CA$68.83 Million +15.16%
2023-12-31 CA$59.77 Million -23.75%
2022-12-31 CA$78.38 Million +16.02%
2021-12-31 CA$67.56 Million +11.92%
2020-12-31 CA$60.37 Million +100.45%
2019-12-31 CA$30.11 Million -3.66%
2018-12-31 CA$31.26 Million +2.89%
2017-12-31 CA$30.38 Million +12.70%
2016-12-31 CA$26.96 Million -28.96%
2015-12-31 CA$37.95 Million -33.49%
2014-12-31 CA$57.06 Million -27.15%
2013-12-31 CA$78.32 Million -42.25%
2012-12-31 CA$135.63 Million -96.32%
2011-12-31 CA$3.68 Billion -8.23%
2010-12-31 CA$4.01 Billion +18.45%
2009-12-31 CA$3.39 Billion +238.76%
2008-12-31 CA$999.49 Million +64.80%
2007-12-31 CA$606.49 Million +109.22%
2006-12-31 CA$289.88 Million +160.65%
2005-12-31 CA$111.21 Million -12.42%
2004-12-31 CA$126.99 Million +9.44%
2003-12-31 CA$116.03 Million +61.64%
2002-12-31 CA$71.79 Million -0.16%
2001-12-31 CA$71.90 Million +85.56%
2000-12-31 CA$38.75 Million +52.92%
1999-12-31 CA$25.34 Million +24.57%
1998-12-31 CA$20.34 Million +57.35%
1997-12-31 CA$12.93 Million +30.27%
1996-12-31 CA$9.92 Million +651.97%
1995-12-31 CA$1.32 Million +85.21%
1994-12-31 CA$712.55K --

Equity Component Analysis

This analysis shows how different components contribute to Touchstone Exploration 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 decreased by 3989774448.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CA$115.61 Million 167.97%
Other Comprehensive Income CA$-13.88 Million -20.17%
Other Components CA$7.07 Million 10.27%
Total Equity CA$68.83 Million 100.00%

Touchstone Exploration Inc Competitors by Market Cap

The table below lists competitors of Touchstone Exploration Inc ranked by their market capitalization.

Company Market Cap
LION COPPER AND GOLD CORP
F:QR20
 		$41.11 Million
Compal Broadband Networks Inc
TW:6674
 		$41.12 Million
Bayview Acquisition Corp Class A Ordinary Shares
NASDAQ:BAYA
 		$41.14 Million
Verde Agritech PLC
TO:NPK
 		$41.15 Million
In The F
KO:014990
 		$41.08 Million
Homerun Resources Inc.
V:HMR
 		$41.07 Million
Taegu Broadcasting Corporation
KQ:033830
 		$41.07 Million
Dongil Technology Ltd
KQ:032960
 		$41.04 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 59,766,000 to 68,828,000, a change of 9,062,000 (15.2%).
  • Net income of 8,272,000 contributed positively to equity growth.
  • Share repurchases of 415,000 reduced equity.
  • New share issuances of 415,000 increased equity.
  • Other comprehensive income decreased equity by 757,999.
  • Other factors increased equity by 1,547,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$8.27 Million +12.02%
Share Repurchases CA$415.00K -0.6%
Share Issuances CA$415.00K +0.6%
Other Comprehensive Income CA$-758.00K -1.1%
Other Changes CA$1.55 Million +2.25%
Total Change CA$- 15.16%

Book Value vs Market Value Analysis

This analysis compares Touchstone Exploration 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: 0.60x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.23x to 0.60x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CA$0.14 CA$0.18 x
1995-12-31 CA$0.13 CA$0.18 x
1996-12-31 CA$0.90 CA$0.18 x
1997-12-31 CA$1.11 CA$0.18 x
1998-12-31 CA$1.31 CA$0.18 x
1999-12-31 CA$1.48 CA$0.18 x
2000-12-31 CA$1.81 CA$0.18 x
2001-12-31 CA$4.30 CA$0.18 x
2002-12-31 CA$3.18 CA$0.18 x
2003-12-31 CA$4.26 CA$0.18 x
2004-12-31 CA$4.65 CA$0.18 x
2005-12-31 CA$3.41 CA$0.18 x
2006-12-31 CA$6.26 CA$0.18 x
2007-12-31 CA$10.88 CA$0.18 x
2008-12-31 CA$18.88 CA$0.18 x
2009-12-31 CA$45.43 CA$0.18 x
2010-12-31 CA$45.85 CA$0.18 x
2011-12-31 CA$46.44 CA$0.18 x
2012-12-31 CA$2.78 CA$0.18 x
2013-12-31 CA$1.61 CA$0.18 x
2014-12-31 CA$0.81 CA$0.18 x
2015-12-31 CA$0.46 CA$0.18 x
2016-12-31 CA$0.32 CA$0.18 x
2017-12-31 CA$0.32 CA$0.18 x
2018-12-31 CA$0.24 CA$0.18 x
2019-12-31 CA$0.19 CA$0.18 x
2020-12-31 CA$0.33 CA$0.18 x
2021-12-31 CA$0.31 CA$0.18 x
2022-12-31 CA$0.37 CA$0.18 x
2023-12-31 CA$0.26 CA$0.18 x
2024-12-31 CA$0.29 CA$0.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Touchstone Exploration 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): 12.02%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.95%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 2.21x
  • Recent ROE (12.02%) is above the historical average (-8.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 -10.00% -100.00% 0.09x 1.10x CA$-142.51K
1995 -11.11% -200.00% 0.02x 2.83x CA$-278.61K
1996 0.74% 6.25% 0.05x 2.15x CA$-919.44K
1997 3.78% 7.37% 0.26x 2.01x CA$-803.63K
1998 9.90% 22.79% 0.27x 1.63x CA$-19.50K
1999 6.54% 11.43% 0.28x 2.02x CA$-876.87K
2000 16.91% 21.18% 0.41x 1.93x CA$2.68 Million
2001 4.62% 13.82% 0.26x 1.28x CA$-3.87 Million
2002 5.48% 15.48% 0.27x 1.33x CA$-3.25 Million
2003 -9.76% -22.22% 0.26x 1.68x CA$-22.93 Million
2004 5.57% 11.59% 0.36x 1.35x CA$-5.62 Million
2005 10.61% 19.68% 0.25x 2.16x CA$630.36K
2006 9.04% 23.29% 0.22x 1.75x CA$-2.10 Million
2007 18.04% 32.52% 0.22x 2.54x CA$36.65 Million
2008 23.62% 28.73% 0.36x 2.28x CA$115.83 Million
2009 6.33% 13.48% 0.19x 2.52x CA$-80.32 Million
2010 4.72% 11.48% 0.16x 2.61x CA$-129.66 Million
2011 -0.33% -0.64% 0.17x 2.99x CA$-234.07 Million
2012 -88.82% 0.00% 0.00x 1.23x CA$-134.03 Million
2013 -63.40% 0.00% 0.00x 1.16x CA$-57.49 Million
2014 -85.73% -133.39% 0.30x 2.12x CA$-54.62 Million
2015 -42.06% -60.94% 0.36x 1.91x CA$-19.75 Million
2016 -35.47% -53.47% 0.27x 2.46x CA$-12.26 Million
2017 -2.48% -2.96% 0.35x 2.39x CA$-3.79 Million
2018 1.13% 0.98% 0.42x 2.73x CA$-2.77 Million
2019 -18.66% -14.54% 0.45x 2.82x CA$-8.63 Million
2020 -18.27% -56.30% 0.19x 1.73x CA$-17.07 Million
2021 8.47% 19.32% 0.21x 2.12x CA$-1.04 Million
2022 -4.08% -7.44% 0.29x 1.89x CA$-11.04 Million
2023 -34.46% -42.77% 0.35x 2.32x CA$-26.57 Million
2024 12.02% 18.95% 0.29x 2.21x CA$1.39 Million

Industry Comparison

This section compares Touchstone Exploration Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.

Industry Context

  • Industry: Oil & Gas E&P
  • Average net assets among peers: $769,076,676
  • Average return on equity (ROE) among peers: 5.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Touchstone Exploration Inc (TXP) CA$71.60 Million -10.00% 2.30x $41.11 Million
Advantage Oil & Gas Ltd. (AAV) $1.09 Billion 1.43% 0.33x $1.14 Billion
Africa Energy Corp (AFE) $41.44 Million -11.19% 0.01x $83.19 Million
Alvopetro Energy (ALV) $58.62 Million 9.54% 0.39x $218.42 Million
Africa Oil Corp (AOI) $520.15 Million -4.38% 0.08x $820.85 Million
Altima Resources Ltd (ARH) $-3.47 Million 0.00% 0.00x $19.37 Million
ARC Resources Ltd. (ARX) $2.79 Billion -19.61% 0.78x $10.34 Billion
Athabasca Oil Corp (ATH) $3.16 Billion -7.19% 0.36x $3.64 Billion
Avanti Energy Inc (AVN) $15.44 Million -68.41% 0.11x $24.04 Million
Arrow Exploration Corp (AXL) $8.57 Million 263.57% 0.10x $81.68 Million
Bison Gold Resources Inc (BGE) $899.62K -107.98% 0.20x $2.02 Million

About Touchstone Exploration Inc

TO:TXP Canada Oil & Gas E&P
Market Cap
$41.11 Million
CA$56.83 Million CAD
Market Cap Rank
#25113 Global
#730 in Canada
Share Price
CA$0.18
Change (1 day)
-2.78%
52-Week Range
CA$0.12 - CA$0.43
All Time High
CA$3.02
Categories
Companies in Canada Oil & Gas E&P
About

Touchstone Exploration Inc. engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company also operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Governme… Read more