Tombill Mines Limited (TBLL) - Net Assets
Based on the latest financial reports, Tombill Mines Limited (TBLL) has net assets worth CA$235.28K CAD as of July 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$371.51K) and total liabilities (CA$136.23K). 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$235.28K |
| % of Total Assets | 63.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 553.49 |
Tombill Mines Limited - Net Assets Trend (2020–2024)
This chart illustrates how Tombill Mines Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tombill Mines Limited (2020–2024)
The table below shows the annual net assets of Tombill Mines Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | CA$123.06K | +1083.46% |
| 2023-10-31 | CA$10.40K | -95.48% |
| 2022-10-31 | CA$229.90K | -85.80% |
| 2021-10-31 | CA$1.62 Million | +681.63% |
| 2020-10-31 | CA$-278.44K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tombill Mines Limited'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 1390134600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.30 Million | 11623.03% |
| Total Equity | CA$123.06K | 100.00% |
Tombill Mines Limited Competitors by Market Cap
The table below lists competitors of Tombill Mines Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nexion Group Ltd
AU:NNG
|
$2.86 Million |
|
Marin Software Inc
NASDAQ:MRIN
|
$2.86 Million |
|
CrownHaitai Holdings Co Ltd Preference Shares
KO:005745
|
$2.87 Million |
|
EMPYREAN ENERGY LS-002
F:E1E
|
$2.87 Million |
|
Tesoro Minerals Corp.
V:TES
|
$2.86 Million |
|
World Copper Ltd
V:WCU
|
$2.85 Million |
|
Moab Minerals Ltd
AU:MOM
|
$2.85 Million |
|
Têxtil Renauxview S.A
SA:TXRX3
|
$2.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tombill Mines Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,398 to 123,056, a change of 112,658 (1083.5%).
- Net loss of 613,968 reduced equity.
- New share issuances of 720,000 increased equity.
- Other factors increased equity by 6,626.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-613.97K | -498.93% |
| Share Issuances | CA$720.00K | +585.1% |
| Other Changes | CA$6.63K | +5.38% |
| Total Change | CA$- | 1083.46% |
Book Value vs Market Value Analysis
This analysis compares Tombill Mines Limited'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: 27.00x
- 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 |
|---|---|---|---|
| 2020-10-31 | CA$0.00 | CA$0.02 | x |
| 2021-10-31 | CA$0.01 | CA$0.02 | x |
| 2022-10-31 | CA$0.00 | CA$0.02 | x |
| 2023-10-31 | CA$0.00 | CA$0.02 | x |
| 2024-10-31 | CA$0.00 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tombill Mines Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -498.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.49x
- Recent ROE (-498.93%) is above the historical average (-1205.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-225.66K |
| 2021 | -650.08% | 0.00% | 0.00x | 1.91x | CA$-10.69 Million |
| 2022 | -1170.22% | 0.00% | 0.00x | 2.35x | CA$-2.71 Million |
| 2023 | -3709.66% | 0.00% | 0.00x | 28.65x | CA$-386.77K |
| 2024 | -498.93% | 0.00% | 0.00x | 3.49x | CA$-626.27K |
Industry Comparison
This section compares Tombill Mines Limited'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 |
|---|---|---|---|---|
| Tombill Mines Limited (TBLL) | CA$235.28K | 0.00% | 0.58x | $2.86 Million |
| 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 Tombill Mines Limited
Tombill Mines Limited explores mineral properties in Canada. The company primarily explores for gold deposits. It had 74 claims, including 60 owned and patented, 5 leased, and 9 mineral rights. The company was founded in 1935 and is headquartered in Toronto, Canada.