Transforma Resources Corp (TFM) - Net Assets
Based on the latest financial reports, Transforma Resources Corp (TFM) has net assets worth CA$-185.80K CAD (≈ $-134.40K USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$338.65K ≈ $244.98K USD) and total liabilities (CA$524.45K ≈ $379.38K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read TFM total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-185.80K |
| % of Total Assets | -54.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Transforma Resources Corp - Net Assets Trend (2017–2022)
This chart illustrates how Transforma Resources Corp's net assets have evolved over time, based on quarterly financial data. Also explore TFM current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Transforma Resources Corp (2017–2022)
The table below shows the annual net assets of Transforma Resources Corp from 2017 to 2022. For live valuation and market cap data, see market value of Transforma Resources Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$-269.71K ≈ $-195.10K |
+71.35% |
| 2021-12-31 | CA$-941.49K ≈ $-681.06K |
-29.94% |
| 2020-12-31 | CA$-724.56K ≈ $-524.13K |
-47.49% |
| 2019-12-31 | CA$-491.27K ≈ $-355.38K |
-151.76% |
| 2018-12-31 | CA$-195.13K ≈ $-141.16K |
-26.14% |
| 2017-12-31 | CA$-154.70K ≈ $-111.91K |
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Equity Component Analysis
This analysis shows how different components contribute to Transforma Resources 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 98800500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$3.27 Million | % |
| Total Equity | CA$-269.71K | 100.00% |
Transforma Resources Corp Competitors by Market Cap
The table below lists competitors of Transforma Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Else Nutrition Holdings Inc
TO:BABY
|
$947.20K |
|
Ampli SA w upadlosci ukladowej
WAR:APL
|
$948.42K |
|
GIGLIO GROUP S.P.A. O.N.
F:5JR
|
$948.53K |
|
Fort St James Nickel Corp
V:FTJ
|
$949.38K |
|
Ondine Biomedical Inc
LSE:OBI
|
$946.05K |
|
MPAC Group PLC
LSE:MPAC
|
$942.20K |
|
Imalliance SA
PA:MLIML
|
$941.14K |
|
Marshall Machines Limited
NSE:MARSHALL
|
$940.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transforma Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -941,494 to -269,707, a change of 671,787.
- Net income of 120,473 contributed positively to equity growth.
- Other factors increased equity by 551,314.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$120.47K | +44.67% |
| Other Changes | CA$551.31K | +204.41% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Transforma Resources 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$-0.03 | CA$0.06 | x |
| 2018-12-31 | CA$-0.04 | CA$0.06 | x |
| 2019-12-31 | CA$-0.08 | CA$0.06 | x |
| 2020-12-31 | CA$-0.11 | CA$0.06 | x |
| 2021-12-31 | CA$-0.16 | CA$0.06 | x |
| 2022-12-31 | CA$-0.02 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transforma Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-136.54K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-275.17K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-307.01K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-170.83K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-122.79K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$147.44K |
Industry Comparison
This section compares Transforma Resources Corp's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $1,408,534,547
- Average return on equity (ROE) among peers: -15.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transforma Resources Corp (TFM) | CA$-185.80K | 0.00% | N/A | $947.04K |
| Amerigo Resources Ltd. (ARG) | $150.52 Million | 10.22% | 0.44x | $761.54 Million |
| Aranjin Resources Ltd (ARJN) | $-3.44 Million | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $104.61 Million | -0.01% | 0.29x | $652.36 Million |
| Bell Copper Corp (BCU) | $1.43 Million | -18.57% | 2.07x | $9.87 Million |
| Capstone Mining Corp (CS) | $1.01 Billion | -20.08% | 0.55x | $7.01 Billion |
| Copper Fox Metals Inc. (CUU) | $2.22 Million | -26.56% | 0.31x | $227.17 Million |
| Element 29 Resources Inc (ECU) | $12.84 Million | -55.68% | 0.04x | $167.61 Million |
| Ero Copper Corp (ERO) | $542.16 Million | 18.78% | 1.19x | $2.79 Billion |
| Faraday Copper Corp. (FDY) | $28.96 Million | -73.65% | 0.11x | $1.12 Billion |
| First Quantum Minerals Ltd (FM) | $12.24 Billion | 8.45% | 1.05x | $21.30 Billion |
About Transforma Resources Corp
Transforma Resources Corporation, an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. The company explores for copper and molybdenum deposits. It owns a 100% interest in the Thunder Copper Property situated in southwestern British Columbia. It also holds an option to acquire the MAC Property located in British Columbia. The company was formerl… Read more