Trifecta Gold Ltd (TG) - Net Assets
Based on the latest financial reports, Trifecta Gold Ltd (TG) has net assets worth CA$10.18 Million 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$11.84 Million) and total liabilities (CA$1.66 Million). 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$10.18 Million |
| % of Total Assets | 86.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | 68.41% |
| 10-Year Change | 2626.08% |
| Growth Volatility | 214.42 |
Trifecta Gold Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Trifecta Gold Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trifecta Gold Ltd (2014–2024)
The table below shows the annual net assets of Trifecta Gold Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$5.16 Million | +25.72% |
| 2023-12-31 | CA$4.10 Million | -4.67% |
| 2022-12-31 | CA$4.30 Million | -12.89% |
| 2021-12-31 | CA$4.94 Million | +61.33% |
| 2020-12-31 | CA$3.06 Million | +54.54% |
| 2019-12-31 | CA$1.98 Million | -18.38% |
| 2018-12-31 | CA$2.43 Million | +1.35% |
| 2017-12-31 | CA$2.40 Million | +58.97% |
| 2016-12-31 | CA$1.51 Million | +696.43% |
| 2015-12-31 | CA$189.22K | +295762.50% |
| 2014-12-31 | CA$-64.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trifecta Gold Ltd'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 388842900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$9.31 Million | 180.54% |
| Total Equity | CA$5.16 Million | 100.00% |
Trifecta Gold Ltd Competitors by Market Cap
The table below lists competitors of Trifecta Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lykos Metals Ltd
AU:LYK
|
$7.77 Million |
|
Innelec Multimedia
PA:ALINN
|
$7.77 Million |
|
The Agency Group Australia Ltd
AU:AU1
|
$7.78 Million |
|
Kinda Brave Entertainment Group AB
F:44W
|
$7.78 Million |
|
Feng Chi Biotech Corp.
TWO:6744
|
$7.76 Million |
|
Turbon AG
F:TUR
|
$7.76 Million |
|
E79 Gold Mines Ltd
AU:E79
|
$7.76 Million |
|
Kioson Komersial Indonesia Tbk PT
JK:KIOS
|
$7.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trifecta Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,103,173 to 5,158,405, a change of 1,055,232 (25.7%).
- Net loss of 527,461 reduced equity.
- New share issuances of 1,478,990 increased equity.
- Other factors increased equity by 103,703.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-527.46K | -10.23% |
| Share Issuances | CA$1.48 Million | +28.67% |
| Other Changes | CA$103.70K | +2.01% |
| Total Change | CA$- | 25.72% |
Book Value vs Market Value Analysis
This analysis compares Trifecta Gold Ltd'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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.87x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.08 | CA$0.23 | x |
| 2018-12-31 | CA$0.07 | CA$0.23 | x |
| 2019-12-31 | CA$0.05 | CA$0.23 | x |
| 2020-12-31 | CA$0.05 | CA$0.23 | x |
| 2021-12-31 | CA$0.06 | CA$0.23 | x |
| 2022-12-31 | CA$0.05 | CA$0.23 | x |
| 2023-12-31 | CA$0.20 | CA$0.23 | x |
| 2024-12-31 | CA$0.17 | CA$0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trifecta Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (-10.23%) is above the historical average (-15.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-265.99K |
| 2015 | -23.35% | 0.00% | 0.00x | 1.04x | CA$-63.12K |
| 2016 | -2.85% | 0.00% | 0.00x | 1.09x | CA$-193.68K |
| 2017 | -57.23% | 0.00% | 0.00x | 1.02x | CA$-1.61 Million |
| 2018 | -16.77% | 0.00% | 0.00x | 1.03x | CA$-649.92K |
| 2019 | -27.36% | 0.00% | 0.00x | 1.01x | CA$-740.46K |
| 2020 | -6.86% | 0.00% | 0.00x | 1.03x | CA$-516.31K |
| 2021 | -8.76% | 0.00% | 0.00x | 1.01x | CA$-927.10K |
| 2022 | -15.86% | 0.00% | 0.00x | 1.01x | CA$-1.11 Million |
| 2023 | -4.95% | 0.00% | 0.00x | 1.01x | CA$-613.47K |
| 2024 | -10.23% | 0.00% | 0.00x | 1.01x | CA$-1.04 Million |
Industry Comparison
This section compares Trifecta Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $37,435,313
- Average return on equity (ROE) among peers: -27.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trifecta Gold Ltd (TG) | CA$10.18 Million | 0.00% | 0.16x | $7.76 Million |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $86.06 Million |
| Athabasca Minerals Inc (ABM) | $20.44 Million | -35.77% | 0.45x | $3.68 Million |
| American Eagle Gold Corp (AE) | $3.52 Million | -143.42% | 0.34x | $148.82 Million |
| Aero Energy Limited (AERO) | $14.72 Million | -5.86% | 0.05x | $9.68 Million |
| AIS Resources Ltd (AIS) | $1.78 Million | -62.23% | 0.56x | $1.76 Million |
| Algo Grande Copper Corp. (ALGR) | $3.28 Million | -19.80% | 0.18x | $9.71 Million |
| Alkane Resources Limited (ALK) | $309.37 Million | 5.71% | 0.50x | $985.87 Million |
| Alliance Mining Corp (ALM) | $-656.72K | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $21.46 Million | -7.16% | 0.01x | $38.60 Million |
| Argus Metals Corp. (AML) | $3.56 Million | -6.01% | 0.17x | $1.59 Million |
About Trifecta Gold Ltd
Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. It explores for silver and gold deposits. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.