Thunderbird Entertainment Group Inc (TBRD) - Net Assets
Based on the latest financial reports, Thunderbird Entertainment Group Inc (TBRD) has net assets worth CA$74.77 Million CAD (≈ $54.08 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$188.88 Million ≈ $136.64 Million USD) and total liabilities (CA$114.12 Million ≈ $82.55 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. Check TBRD asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$74.77 Million |
| % of Total Assets | 39.58% |
| Annual Growth Rate | 25.25% |
| 5-Year Change | 29.13% |
| 10-Year Change | N/A |
| Growth Volatility | 416.7 |
Thunderbird Entertainment Group Inc - Net Assets Trend (2001–2024)
This chart illustrates how Thunderbird Entertainment Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore Thunderbird Entertainment Group Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Thunderbird Entertainment Group Inc (2001–2024)
The table below shows the annual net assets of Thunderbird Entertainment Group Inc from 2001 to 2024. For live valuation and market cap data, see Thunderbird Entertainment Group Inc (TBRD) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | CA$69.29 Million ≈ $50.13 Million |
+3.93% |
| 2023-06-30 | CA$66.67 Million ≈ $48.23 Million |
-4.52% |
| 2022-06-30 | CA$69.82 Million ≈ $50.51 Million |
+9.22% |
| 2021-06-30 | CA$63.93 Million ≈ $46.25 Million |
+19.14% |
| 2020-06-30 | CA$53.66 Million ≈ $38.82 Million |
+12.63% |
| 2019-06-30 | CA$47.64 Million ≈ $34.46 Million |
+1816.59% |
| 2018-06-30 | CA$2.49 Million ≈ $1.80 Million |
+1.28% |
| 2017-06-30 | CA$2.45 Million ≈ $1.78 Million |
+1334.23% |
| 2016-06-30 | CA$-198.85K ≈ $-143.85K |
-296.25% |
| 2015-06-30 | CA$-50.18K ≈ $-36.30K |
-5.72% |
| 2014-06-30 | CA$-47.47K ≈ $-34.34K |
+88.05% |
| 2013-06-30 | CA$-397.13K ≈ $-287.28K |
-84.80% |
| 2012-06-30 | CA$-214.90K ≈ $-155.45K |
-118.14% |
| 2011-06-30 | CA$1.18 Million ≈ $857.17K |
-10.16% |
| 2010-06-30 | CA$1.32 Million ≈ $954.12K |
+33.98% |
| 2009-06-30 | CA$984.47K ≈ $712.15K |
-12.14% |
| 2008-06-30 | CA$1.12 Million ≈ $810.51K |
+56.27% |
| 2007-06-30 | CA$716.99K ≈ $518.66K |
+43.11% |
| 2006-06-30 | CA$501.01K ≈ $362.42K |
-12.89% |
| 2005-06-30 | CA$575.14K ≈ $416.05K |
-20.37% |
| 2004-06-30 | CA$722.29K ≈ $522.50K |
+27.91% |
| 2003-06-30 | CA$564.69K ≈ $408.49K |
+15.85% |
| 2002-06-30 | CA$487.45K ≈ $352.62K |
+24.90% |
| 2001-06-30 | CA$390.27K ≈ $282.31K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Thunderbird Entertainment Group 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 617470900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$77.00 Million | 111.12% |
| Total Equity | CA$69.29 Million | 100.00% |
Thunderbird Entertainment Group Inc Competitors by Market Cap
The table below lists competitors of Thunderbird Entertainment Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HeiTech Padu Bhd
KLSE:5028
|
$56.06 Million |
|
Vbt Yazilim AS
IS:VBTYZ
|
$56.08 Million |
|
BEST Inc
NYSE:BEST
|
$56.09 Million |
|
BenQ Medical Technology
TWO:4116
|
$56.09 Million |
|
Cho Bi
KO:001550
|
$56.05 Million |
|
JAKS Resources Bhd
KLSE:4723
|
$56.05 Million |
|
Subex Limited
NSE:SUBEXLTD
|
$56.05 Million |
|
Camus Engineering & Construction Inc
KO:013700
|
$56.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thunderbird Entertainment Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,670,000 to 69,293,000, a change of 2,623,000 (3.9%).
- Net income of 2,378,000 contributed positively to equity growth.
- Share repurchases of 1,230,000 reduced equity.
- Other comprehensive income decreased equity by 149,000.
- Other factors increased equity by 1,624,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$2.38 Million | +3.43% |
| Share Repurchases | CA$1.23 Million | -1.78% |
| Other Comprehensive Income | CA$-149.00K | -0.22% |
| Other Changes | CA$1.62 Million | +2.34% |
| Total Change | CA$- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares Thunderbird Entertainment Group 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: 1.23x
- 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 0.28x to 1.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | CA$6.12 | CA$1.71 | x |
| 2002-06-30 | CA$6.67 | CA$1.71 | x |
| 2003-06-30 | CA$6.76 | CA$1.71 | x |
| 2004-06-30 | CA$7.89 | CA$1.71 | x |
| 2005-06-30 | CA$4.48 | CA$1.71 | x |
| 2006-06-30 | CA$4.50 | CA$1.71 | x |
| 2007-06-30 | CA$6.02 | CA$1.71 | x |
| 2008-06-30 | CA$7.19 | CA$1.71 | x |
| 2009-06-30 | CA$5.70 | CA$1.71 | x |
| 2010-06-30 | CA$6.95 | CA$1.71 | x |
| 2011-06-30 | CA$4.82 | CA$1.71 | x |
| 2012-06-30 | CA$-0.87 | CA$1.71 | x |
| 2013-06-30 | CA$-1.62 | CA$1.71 | x |
| 2014-06-30 | CA$-0.14 | CA$1.71 | x |
| 2015-06-30 | CA$-0.04 | CA$1.71 | x |
| 2016-06-30 | CA$-0.14 | CA$1.71 | x |
| 2017-06-30 | CA$0.96 | CA$1.71 | x |
| 2018-06-30 | CA$0.85 | CA$1.71 | x |
| 2019-06-30 | CA$1.20 | CA$1.71 | x |
| 2020-06-30 | CA$1.07 | CA$1.71 | x |
| 2021-06-30 | CA$1.26 | CA$1.71 | x |
| 2022-06-30 | CA$1.33 | CA$1.71 | x |
| 2023-06-30 | CA$1.34 | CA$1.71 | x |
| 2024-06-30 | CA$1.39 | CA$1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thunderbird Entertainment Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.49x
- Recent ROE (3.43%) is above the historical average (-7.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -9.74% | -3800500.00% | 0.00x | 1.25x | CA$-77.03K |
| 2002 | -8.56% | 0.00% | 0.00x | 1.11x | CA$-90.48K |
| 2003 | -16.66% | 0.00% | 0.00x | 1.10x | CA$-150.56K |
| 2004 | -12.34% | 0.00% | 0.00x | 1.03x | CA$-161.40K |
| 2005 | -66.92% | 0.00% | 0.00x | 1.13x | CA$-442.40K |
| 2006 | -14.80% | 0.00% | 0.00x | 1.33x | CA$-124.23K |
| 2007 | -24.90% | 0.00% | 0.00x | 1.23x | CA$-250.24K |
| 2008 | -7.28% | 0.00% | 0.00x | 1.25x | CA$-193.57K |
| 2009 | 2.08% | 0.00% | 0.00x | 1.41x | CA$-77.95K |
| 2010 | -4.90% | 0.00% | 0.00x | 1.03x | CA$-196.56K |
| 2011 | -11.31% | 0.00% | 0.00x | 1.10x | CA$-252.52K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.38 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-142.52K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-188.59K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-156.09K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-128.78K |
| 2017 | -11.00% | 0.00% | 0.00x | 1.01x | CA$-515.32K |
| 2018 | -4.36% | 0.00% | 0.00x | 1.01x | CA$-357.05K |
| 2019 | -8.02% | -6.21% | 0.47x | 2.75x | CA$-8.58 Million |
| 2020 | 7.70% | 5.08% | 0.52x | 2.89x | CA$-1.24 Million |
| 2021 | 8.97% | 5.14% | 0.70x | 2.50x | CA$-656.00K |
| 2022 | 5.15% | 2.41% | 0.67x | 3.20x | CA$-3.38 Million |
| 2023 | -7.52% | -3.01% | 0.77x | 3.24x | CA$-11.68 Million |
| 2024 | 3.43% | 1.44% | 0.96x | 2.49x | CA$-4.55 Million |
Industry Comparison
This section compares Thunderbird Entertainment Group Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $149,344,528
- Average return on equity (ROE) among peers: -1.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thunderbird Entertainment Group Inc (TBRD) | CA$74.77 Million | -9.74% | 1.53x | $56.05 Million |
| Boat Rocker Media Inc (BRMI) | $232.01 Million | -13.84% | 1.60x | $21.45 Million |
| Cineplex Inc. (CGX) | $198.06 Million | 8.72% | 0.01x | $517.41 Million |
| Corus Entertainment Inc (CJR-B) | $870.31 Million | -2.66% | 1.18x | $4.96 Million |
| ESE Entertainment Inc (ESE) | $-19.73K | 0.00% | 0.00x | $4.98 Million |
| Network Media Group Inc (NTE) | $-2.75 Million | 0.00% | 0.00x | $823.56K |
| Overactive Media Corp (OAM) | $51.60 Million | -1.22% | 0.41x | $18.79 Million |
| Qyou Media Inc (QYOU) | $-1.25 Million | 0.00% | 0.00x | $12.39 Million |
| Sparx Technology Inc (SPRX) | $-1.06 Million | 0.00% | 0.00x | $365.51K |
| TGS Esports Inc (TGS) | $-2.80 Million | 0.00% | 0.00x | $6.03 Million |
About Thunderbird Entertainment Group Inc
Thunderbird Entertainment Group Inc. develops, produces, and distributes film and television programs in Canada and internationally. Its portfolio comprises animation, unscripted, and scripted content. The company also acquires and licenses distribution rights. Thunderbird Entertainment Group Inc. is headquartered in Vancouver, Canada. As of January 28, 2026, Thunderbird Entertainment Group Inc. … Read more