Thunderbird Minerals Corp.
Thunderbird Minerals Corp. explores for precious metals and copper properties. It owns interests in the Argo copper and gold property located to northwest of Quesnel, British Columbia, Canada; and the Apache project situated in California, the United States. The company was incorporated in 2022 and is headquartered in Vancouver, Canada. Thunderbird Minerals Corp. was formerly a subsidiary of Gold… Read more
Thunderbird Minerals Corp. (BIRD) - Net Assets
Latest net assets as of September 2025: CA$32.94K CAD
Based on the latest financial reports, Thunderbird Minerals Corp. (BIRD) has net assets worth CA$32.94K 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$250.91K) and total liabilities (CA$217.97K). 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$32.94K |
| % of Total Assets | 13.13% |
| Annual Growth Rate | 4835.44% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 676810.95 |
Thunderbird Minerals Corp. - Net Assets Trend (2022–2024)
This chart illustrates how Thunderbird Minerals Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Thunderbird Minerals Corp. (2022–2024)
The table below shows the annual net assets of Thunderbird Minerals Corp. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$244.89K | -81.91% |
| 2023-12-31 | CA$1.35 Million | +1353540.00% |
| 2022-12-31 | CA$100.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thunderbird Minerals Corp.'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 150774700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$1.75 Million | 715.69% |
| Total Equity | CA$244.89K | 100.00% |
Thunderbird Minerals Corp. Competitors by Market Cap
The table below lists competitors of Thunderbird Minerals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
World Chess PLC
LSE:CHSS
|
$540.18 |
|
Next10 Inc
PINK:NXTN
|
$540.54 |
|
Liminatus Pharma, Inc. Warrants
NASDAQ:LIMNW
|
$541.98 |
|
Phoenix Vega Mezz PLC
AT:PVMEZZ
|
$543.50 |
|
Restart Life Sciences Corp.
PINK:NMLSD
|
$539.72 |
|
Biztech Konsulting SA
WAR:BTK
|
$539.04 |
|
Neovacs S.A.
PA:ALNEV
|
$537.87 |
|
Reem Capital Corp.
V:REEM-P
|
$537.29 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thunderbird Minerals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,353,640 to 244,889, a change of -1,108,751 (-81.9%).
- Net loss of 1,111,237 reduced equity.
- Other factors increased equity by 2,486.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.11 Million | -453.77% |
| Other Changes | CA$2.49K | +1.02% |
| Total Change | CA$- | -81.91% |
Book Value vs Market Value Analysis
This analysis compares Thunderbird Minerals Corp.'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: 4.90x
- 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 12004.10x to 4.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | CA$0.00 | CA$0.08 | x |
| 2023-12-31 | CA$0.09 | CA$0.08 | x |
| 2024-12-31 | CA$0.02 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thunderbird Minerals Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -453.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.11x
- Recent ROE (-453.77%) is below the historical average (-241.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -29.29% | 0.00% | 0.00x | 1.02x | CA$-531.87K |
| 2024 | -453.77% | 0.00% | 0.00x | 1.11x | CA$-1.14 Million |
Industry Comparison
This section compares Thunderbird Minerals Corp.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $6,401,322
- Average return on equity (ROE) among peers: -10.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thunderbird Minerals Corp. (BIRD) | CA$32.94K | -29.29% | 6.62x | $539.80 |
| AC/DC Battery Metals Inc. (ACDC) | $1.48 Million | -20.93% | 0.02x | $487.04 |
| Archon Minerals Ltd (ACS) | $-2.07 Million | 0.00% | 0.00x | $1.79 Million |
| Adamera Minerals Corp. (ADZ) | $8.20 Million | -13.43% | 0.14x | $2.99 Million |
| Argonaut Exploration Inc. (AGA) | $6.54 Million | -40.86% | 0.13x | $74.49 Million |
| Alpha Exploration Ltd (ALEX) | $15.98 Million | -2.45% | 0.05x | $19.42 Million |
| Angel Wing Metals Inc (AWM) | $9.86 Million | -19.57% | 0.07x | $2.70 Million |
| Arizona Gold & Silver Inc. (AZS) | $7.02 Million | -8.43% | 0.01x | $34.92 Million |
| Bonanza Mining Corporation (BNZ) | $2.22 Million | -7.98% | 0.07x | $1.35 Million |
| Canadian Critical Minerals Inc. (CCMI) | $8.39 Million | 17.33% | 0.67x | $6.70 Million |