Transatlantic Mining Corp (TCO) - Net Assets
Based on the latest financial reports, Transatlantic Mining Corp (TCO) has net assets worth CA$-67.80K CAD (≈ $-49.04K 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$5.20 Million ≈ $3.76 Million USD) and total liabilities (CA$5.27 Million ≈ $3.81 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Transatlantic Mining Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-67.80K |
| % of Total Assets | -1.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | -110.43% |
| 10-Year Change | N/A |
| Growth Volatility | 77.48 |
Transatlantic Mining Corp - Net Assets Trend (2016–2024)
This chart illustrates how Transatlantic Mining Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Transatlantic Mining Corp for the complete picture of this company's asset base.
Annual Net Assets for Transatlantic Mining Corp (2016–2024)
The table below shows the annual net assets of Transatlantic Mining Corp from 2016 to 2024. For live valuation and market cap data, see Transatlantic Mining Corp (TCO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-596.65K ≈ $-431.61K |
-91.63% |
| 2023-12-31 | CA$-311.36K ≈ $-225.23K |
-163.23% |
| 2022-12-31 | CA$492.39K ≈ $356.19K |
-88.27% |
| 2021-12-31 | CA$4.20 Million ≈ $3.04 Million |
-26.64% |
| 2020-12-31 | CA$5.72 Million ≈ $4.14 Million |
+461.80% |
| 2019-12-31 | CA$-1.58 Million ≈ $-1.14 Million |
-232.35% |
| 2018-12-31 | CA$-475.83K ≈ $-344.21K |
-232.49% |
| 2017-12-31 | CA$359.13K ≈ $259.79K |
+171.46% |
| 2016-12-31 | CA$-502.54K ≈ $-363.53K |
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Equity Component Analysis
This analysis shows how different components contribute to Transatlantic Mining 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 632935100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$25.90 Million | % |
| Total Equity | CA$-596.65K | 100.00% |
Transatlantic Mining Corp Competitors by Market Cap
The table below lists competitors of Transatlantic Mining Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrotal Corp
LSE:PTAL
|
$3.14 Million |
|
Singularity Future Technology Ltd
NASDAQ:SGLY
|
$3.14 Million |
|
Norden Crown Metals Corp
V:NOCR
|
$3.14 Million |
|
Sky Gold Corp
V:SKYG
|
$3.14 Million |
|
Sylvania Platinum Limited
LSE:SLP
|
$3.13 Million |
|
ACTEOS S.A
PA:EOS
|
$3.13 Million |
|
Serabi Gold PLC
LSE:SRB
|
$3.13 Million |
|
Steadfast Marine PT
JK:KPAL
|
$3.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transatlantic Mining Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -311,357 to -596,649, a change of -285,292.
- Net loss of 285,292 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-285.29K | -47.82% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Transatlantic Mining 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.01 | CA$0.05 | x |
| 2018-12-31 | CA$-0.01 | CA$0.05 | x |
| 2019-12-31 | CA$-0.02 | CA$0.05 | x |
| 2020-12-31 | CA$0.07 | CA$0.05 | x |
| 2021-12-31 | CA$0.05 | CA$0.05 | x |
| 2022-12-31 | CA$0.01 | CA$0.05 | x |
| 2023-12-31 | CA$0.00 | CA$0.05 | x |
| 2024-12-31 | CA$-0.01 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transatlantic Mining Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-167.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-6.41 Million |
| 2017 | -831.82% | 0.00% | 0.00x | 24.70x | CA$-3.02 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.49 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-947.43K |
| 2020 | 117.85% | 0.00% | 0.00x | 2.08x | CA$6.17 Million |
| 2021 | -39.18% | 0.00% | 0.00x | 2.30x | CA$-2.06 Million |
| 2022 | -752.39% | 0.00% | 0.00x | 12.67x | CA$-3.75 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-772.62K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-225.63K |
Industry Comparison
This section compares Transatlantic Mining Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transatlantic Mining Corp (TCO) | CA$-67.80K | 0.00% | N/A | $3.13 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Transatlantic Mining Corp
Transatlantic Mining Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold and copper deposits. It holds a 100% interest in the Golden Jubilee project consisting of 22 unpatented mining claims situated in Granite County, Montana; an 80% interest in the Monitor copper-gold project located in Coeur D'Alene,… Read more