Trail Blazer Capital Corp.
Trail Blazer Capital Corp. does not have significant operations. It intends to identify, evaluate, and acquire assets, properties, or businesses with a view to acquire them or complete a qualifying transaction. The company was incorporated in 2021 and is based in Vancouver, Canada.
Trail Blazer Capital Corp. (TBLZ-P) - Net Assets
Latest net assets as of December 2025: CA$1.03 Million CAD
Based on the latest financial reports, Trail Blazer Capital Corp. (TBLZ-P) has net assets worth CA$1.03 Million CAD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.04 Million) and total liabilities (CA$4.10K). 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$1.03 Million |
| % of Total Assets | 99.6% |
| Annual Growth Rate | -3.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.46 |
Trail Blazer Capital Corp. - Net Assets Trend (2022–2025)
This chart illustrates how Trail Blazer Capital 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 Trail Blazer Capital Corp. (2022–2025)
The table below shows the annual net assets of Trail Blazer Capital Corp. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$1.06 Million | -4.21% |
| 2024-03-31 | CA$1.11 Million | -3.12% |
| 2023-03-31 | CA$1.14 Million | -3.95% |
| 2022-03-31 | CA$1.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trail Blazer Capital 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 9836700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$1.34 Million | 126.36% |
| Total Equity | CA$1.06 Million | 100.00% |
Trail Blazer Capital Corp. Competitors by Market Cap
The table below lists competitors of Trail Blazer Capital Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coro Energy PLC
LSE:CORO
|
$470.51 |
|
Verify Smart Corp
PINK:VSMR
|
$470.56 |
|
GWH-WT
NYSE:GWH-WT
|
$471.62 |
|
Filinvest REIT Corp
PSE:FILRT
|
$471.78 |
|
Bellevue Life Sciences Acquisition Corp. Warrant
NASDAQ:BLACW
|
$470.20 |
|
JMD Properties Inc
PINK:SLDX
|
$469.67 |
|
EYANG HOLDINGS
BE:4EY
|
$469.38 |
|
Asim Textile Mills Ltd
KAR:ASTM
|
$469.20 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trail Blazer Capital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,109,148 to 1,062,461, a change of -46,687 (-4.2%).
- Net loss of 46,687 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-46.69K | -4.39% |
| Total Change | CA$- | -4.21% |
Book Value vs Market Value Analysis
This analysis compares Trail Blazer Capital 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.94x to 1.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | CA$0.08 | CA$0.08 | x |
| 2023-03-31 | CA$0.08 | CA$0.08 | x |
| 2024-03-31 | CA$0.07 | CA$0.08 | x |
| 2025-03-31 | CA$0.07 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trail Blazer Capital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-4.39%) is above the historical average (-6.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -14.44% | 0.00% | 0.00x | 1.01x | CA$-291.34K |
| 2023 | -4.11% | 0.00% | 0.00x | 1.02x | CA$-161.55K |
| 2024 | -3.22% | 0.00% | 0.00x | 1.02x | CA$-146.65K |
| 2025 | -4.39% | 0.00% | 0.00x | 1.02x | CA$-152.93K |
Industry Comparison
This section compares Trail Blazer Capital Corp.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $320,719
- Average return on equity (ROE) among peers: -15.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trail Blazer Capital Corp. (TBLZ-P) | CA$1.03 Million | -14.44% | 0.00x | $470.24 |
| First Tidal Acquisition Corp. (AAA-P) | $271.64K | -12.76% | 0.07x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $176.31K | -28.45% | 0.14x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $498.36K | 0.00% | 0.06x | $10.44K |
| AF2 Capital Corp (AF-P) | $125.52K | -22.68% | 0.19x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $236.65K | -15.61% | 0.12x | $151.51K |
| Apolo IV Acquisition Corp (AIV-P) | $1.13 Million | -19.92% | 0.03x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $166.02K | -34.30% | 0.10x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $155.00K | 0.00% | 0.13x | $13.43K |
| Altina Capital Corp (ALTN-P) | $-3.34K | 0.00% | 0.00x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |