Tesoro Minerals Corp. (TES) - Net Assets
Based on the latest financial reports, Tesoro Minerals Corp. (TES) has net assets worth CA$-72.84K CAD (≈ $-52.69K USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$22.32K ≈ $16.15K USD) and total liabilities (CA$95.16K ≈ $68.84K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Tesoro Minerals Corp. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-72.84K |
| % of Total Assets | -326.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | -113.89% |
| 10-Year Change | N/A |
| Growth Volatility | 90.01 |
Tesoro Minerals Corp. - Net Assets Trend (2013–2025)
This chart illustrates how Tesoro Minerals Corp.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Tesoro Minerals Corp. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tesoro Minerals Corp. (2013–2025)
The table below shows the annual net assets of Tesoro Minerals Corp. from 2013 to 2025. For live valuation and market cap data, see TES stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$-34.56K ≈ $-25.00K |
-115.86% |
| 2024-10-31 | CA$217.84K ≈ $157.58K |
+150.94% |
| 2023-10-31 | CA$86.81K ≈ $62.80K |
+101.13% |
| 2022-10-31 | CA$43.16K ≈ $31.22K |
-82.65% |
| 2021-10-31 | CA$248.78K ≈ $179.96K |
+10.90% |
| 2020-10-31 | CA$224.32K ≈ $162.27K |
+43.76% |
| 2019-10-31 | CA$156.04K ≈ $112.88K |
+5.55% |
| 2018-10-31 | CA$147.84K ≈ $106.95K |
-41.95% |
| 2017-10-31 | CA$254.67K ≈ $184.22K |
+321.44% |
| 2016-10-31 | CA$-115.00K ≈ $-83.19K |
-163.31% |
| 2015-10-31 | CA$181.65K ≈ $131.41K |
-68.34% |
| 2014-10-31 | CA$573.77K ≈ $415.05K |
-75.73% |
| 2013-10-31 | CA$2.36 Million ≈ $1.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tesoro Minerals 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 721376600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$42.71 Million | % |
| Total Equity | CA$-34.56K | 100.00% |
Tesoro Minerals Corp. Competitors by Market Cap
The table below lists competitors of Tesoro Minerals Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Libas Consumer Products Limited
NSE:LIBAS
|
$3.48 Million |
|
FiscalNote Holdings Inc.
NYSE:NOTE
|
$3.48 Million |
|
Boxlight Corp Class A
NASDAQ:BOXL
|
$3.48 Million |
|
STL Global Limited
NSE:SGL
|
$3.48 Million |
|
Kmc Properties ASA
OL:KMCP
|
$3.47 Million |
|
PROSPECT RIDGE RESOURCES
F:0ED
|
$3.47 Million |
|
Marquee Resources Ltd
AU:MQR
|
$3.47 Million |
|
Xpon Technologies Group Ltd
AU:XPN
|
$3.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tesoro Minerals Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 217,835 to -34,558, a change of -252,393 (-115.9%).
- Net loss of 252,393 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-252.39K | -730.35% |
| Total Change | CA$- | -115.86% |
Book Value vs Market Value Analysis
This analysis compares Tesoro Minerals 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 |
|---|---|---|---|
| 2017-10-31 | CA$0.00 | CA$0.12 | x |
| 2018-10-31 | CA$0.00 | CA$0.12 | x |
| 2019-10-31 | CA$0.00 | CA$0.12 | x |
| 2020-10-31 | CA$0.00 | CA$0.12 | x |
| 2021-10-31 | CA$0.00 | CA$0.12 | x |
| 2022-10-31 | CA$0.00 | CA$0.12 | x |
| 2023-10-31 | CA$0.00 | CA$0.12 | x |
| 2024-10-31 | CA$0.01 | CA$0.12 | x |
| 2025-10-31 | CA$0.00 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tesoro Minerals Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-237.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -45.32% | 0.00% | 0.00x | 1.48x | CA$-1.31 Million |
| 2014 | -763.67% | 0.00% | 0.00x | 1.46x | CA$-4.44 Million |
| 2015 | -211.25% | 0.00% | 0.00x | 3.07x | CA$-401.91K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-264.18K |
| 2017 | -234.22% | 0.00% | 0.00x | 1.46x | CA$-621.95K |
| 2018 | -281.37% | 0.00% | 0.00x | 1.33x | CA$-430.77K |
| 2019 | -304.84% | 0.00% | 0.00x | 1.49x | CA$-491.28K |
| 2020 | -108.82% | 0.00% | 0.00x | 1.14x | CA$-266.55K |
| 2021 | -138.55% | 0.00% | 0.00x | 1.10x | CA$-369.55K |
| 2022 | -476.39% | 0.00% | 0.00x | 1.57x | CA$-209.93K |
| 2023 | -274.57% | 0.00% | 0.00x | 1.45x | CA$-247.03K |
| 2024 | -249.66% | 0.00% | 0.00x | 1.26x | CA$-565.63K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-248.94K |
Industry Comparison
This section compares Tesoro Minerals Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,457,076,334
- Average return on equity (ROE) among peers: -12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tesoro Minerals Corp. (TES) | CA$-72.84K | -45.32% | N/A | $3.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $3.29 Billion |
| Abcourt Mines Inc. (ABI) | $3.33 Million | -20.67% | 0.04x | $77.46 Million |
| Barrick Gold Corp (ABX) | $32.31 Billion | 6.26% | 0.45x | $70.55 Billion |
| American Eagle Gold Corp (AE) | $35.20 Million | -22.32% | 0.04x | $142.56 Million |
| Agnico Eagle Mines Limited (AEM) | $2.06 Billion | 6.77% | 0.33x | $86.35 Billion |
| Alamos Gold Inc (AGI) | $25.69 Million | -7.53% | 0.11x | $15.94 Billion |
| AIS Resources Ltd (AIS) | $479.48K | -11.79% | 0.06x | $2.79 Million |
| Alliance Mining Corp (ALM) | $-655.60K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $24.24 Million | -6.73% | 0.03x | $41.82 Million |
| Almaden Minerals Ltd (AMM) | $5.18 Million | -58.59% | 0.09x | $24.82 Million |
About Tesoro Minerals Corp.
Tesoro Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral resource properties in North and South America. It holds a 100 % interest in the Rumichaca and Cerro Macho epithermal gold-copper properties in south-central Peru. The company is headquartered in Vancouver, Canada.