Trillium Acquisition Corp
Trillium Acquisition Corp. does not have significant operations. It focuses on the identification and evaluation of assets or businesses with a view to complete a qualifying transaction. The company was incorporated in 2019 and is headquartered in Oakville, Canada.
Trillium Acquisition Corp (TCK-P) - Net Assets
Latest net assets as of September 2025: CA$419.77K CAD
Based on the latest financial reports, Trillium Acquisition Corp (TCK-P) has net assets worth CA$419.77K 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$402.15K) and total liabilities (CA$-17.62K). 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$419.77K |
| % of Total Assets | 104.38% |
| Annual Growth Rate | -1.86% |
| 5-Year Change | -54.01% |
| 10-Year Change | N/A |
| Growth Volatility | 46.9 |
Trillium Acquisition Corp - Net Assets Trend (2019–2024)
This chart illustrates how Trillium Acquisition 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 Trillium Acquisition Corp (2019–2024)
The table below shows the annual net assets of Trillium Acquisition Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$452.29K | -8.86% |
| 2023-12-31 | CA$496.28K | -22.41% |
| 2022-12-31 | CA$639.62K | -5.36% |
| 2021-12-31 | CA$675.81K | -31.28% |
| 2020-12-31 | CA$983.47K | +97.93% |
| 2019-12-31 | CA$496.87K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trillium Acquisition 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 69183800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$1.15 Million | 253.65% |
| Total Equity | CA$452.29K | 100.00% |
Trillium Acquisition Corp Competitors by Market Cap
The table below lists competitors of Trillium Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pearl Holdings Acquisition Corp Warrant
NASDAQ:PRLHW
|
$43.57K |
|
Mha Ltd
LSE:MHA
|
$43.59K |
|
Easy Bio Inc.
KO:353810
|
$43.59K |
|
TOC CO LTD
MU:T3O
|
$43.62K |
|
Pomvom
TA:PMVM
|
$43.54K |
|
Bruton Limited
OL:BRUT
|
$43.50K |
|
OMNIA HOLD (OHZ.SG)
STU:OHZ
|
$43.47K |
|
Nunzia Pharmaceutical Corporation
PINK:NUNZ
|
$43.45K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trillium Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 496,282 to 452,294, a change of -43,988 (-8.9%).
- Net loss of 43,988 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-43.99K | -9.73% |
| Total Change | CA$- | -8.86% |
Book Value vs Market Value Analysis
This analysis compares Trillium Acquisition 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: 0.76x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.03 | CA$0.02 | x |
| 2020-12-31 | CA$0.06 | CA$0.02 | x |
| 2021-12-31 | CA$0.04 | CA$0.02 | x |
| 2022-12-31 | CA$0.04 | CA$0.02 | x |
| 2023-12-31 | CA$0.03 | CA$0.02 | x |
| 2024-12-31 | CA$0.03 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trillium Acquisition Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-9.73%) is above the historical average (-21.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -15.77% | -8755.45% | 0.00x | 1.15x | CA$-253.41K |
| 2021 | -46.35% | -17688.71% | 0.00x | 1.00x | CA$-380.85K |
| 2022 | -5.66% | 0.00% | 0.00x | 1.00x | CA$-100.15K |
| 2023 | -28.88% | 0.00% | 0.00x | 1.23x | CA$-192.96K |
| 2024 | -9.73% | 0.00% | 0.00x | 1.02x | CA$-89.22K |
Industry Comparison
This section compares Trillium Acquisition 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 |
|---|---|---|---|---|
| Trillium Acquisition Corp (TCK-P) | CA$419.77K | -15.77% | -0.04x | $43.55K |
| 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 |