Till Capital Ltd (TIL) - Net Assets
Based on the latest financial reports, Till Capital Ltd (TIL) has net assets worth CA$9.50 Million CAD (≈ $6.87 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.65 Million ≈ $6.98 Million USD) and total liabilities (CA$147.08K ≈ $106.40K 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 Till Capital Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$9.50 Million |
| % of Total Assets | 98.48% |
| Annual Growth Rate | -12.08% |
| 5-Year Change | -84.24% |
| 10-Year Change | -77.91% |
| Growth Volatility | 63.38 |
Till Capital Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Till Capital Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TIL total asset value for the complete picture of this company's asset base.
Annual Net Assets for Till Capital Ltd (2012–2024)
The table below shows the annual net assets of Till Capital Ltd from 2012 to 2024. For live valuation and market cap data, see how much is Till Capital Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$9.77 Million ≈ $7.07 Million |
-40.31% |
| 2023-12-31 | CA$16.37 Million ≈ $11.84 Million |
-74.54% |
| 2022-12-31 | CA$64.31 Million ≈ $46.52 Million |
+153.96% |
| 2021-12-31 | CA$25.32 Million ≈ $18.32 Million |
-59.15% |
| 2020-12-31 | CA$61.99 Million ≈ $44.84 Million |
-1.15% |
| 2019-12-31 | CA$62.71 Million ≈ $45.36 Million |
+22.62% |
| 2018-12-31 | CA$51.14 Million ≈ $36.99 Million |
-30.03% |
| 2017-12-31 | CA$73.09 Million ≈ $52.87 Million |
+70.66% |
| 2016-12-31 | CA$42.83 Million ≈ $30.98 Million |
-3.19% |
| 2015-12-31 | CA$44.24 Million ≈ $32.00 Million |
-15.87% |
| 2014-12-31 | CA$52.58 Million ≈ $38.03 Million |
+78.96% |
| 2013-12-31 | CA$29.38 Million ≈ $21.25 Million |
-35.83% |
| 2012-12-31 | CA$45.78 Million ≈ $33.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Till Capital 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 grown by 4633435537.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$35.99 Million | 419.30% |
| Total Equity | CA$8.58 Million | 100.00% |
Till Capital Ltd Competitors by Market Cap
The table below lists competitors of Till Capital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Roman DBDR Acquisition Corp. II Warrants
NASDAQ:DRDBW
|
$5.78 Million |
|
Blue Coast Hotels Limited
NSE:BLUECOAST
|
$5.78 Million |
|
Kelso Technologies Inc
TO:KLS
|
$5.79 Million |
|
Nextage Therapeutics Ltd
TA:NXTG
|
$5.79 Million |
|
Castle Minerals Ltd
AU:CDT
|
$5.77 Million |
|
Joe Holding Bhd
KLSE:7096
|
$5.76 Million |
|
Lion Energy Ltd
AU:LIO
|
$5.76 Million |
|
Taiton Resources Ltd
AU:T88
|
$5.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Till Capital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,320,000 to 8,584,185, a change of -6,735,815 (-44.0%).
- Net loss of 2,103,039 reduced equity.
- Share repurchases of 4,787,193 reduced equity.
- Other comprehensive income increased equity by 1,390,165.
- Other factors decreased equity by 1,235,748.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.10 Million | -24.5% |
| Share Repurchases | CA$4.79 Million | -55.77% |
| Other Comprehensive Income | CA$1.39 Million | +16.19% |
| Other Changes | CA$-1.24 Million | -14.4% |
| Total Change | CA$- | -43.97% |
Book Value vs Market Value Analysis
This analysis compares Till Capital 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: 0.93x
- 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.
- The price-to-book ratio has decreased from 8.03x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CA$0.31 | CA$2.50 | x |
| 2013-12-31 | CA$16.88 | CA$2.50 | x |
| 2015-12-31 | CA$7.46 | CA$2.50 | x |
| 2016-12-31 | CA$7.07 | CA$2.50 | x |
| 2017-12-31 | CA$6.55 | CA$2.50 | x |
| 2018-12-31 | CA$6.28 | CA$2.50 | x |
| 2019-12-31 | CA$6.44 | CA$2.50 | x |
| 2020-12-31 | CA$6.08 | CA$2.50 | x |
| 2021-12-31 | CA$7.89 | CA$2.50 | x |
| 2022-12-31 | CA$5.52 | CA$2.50 | x |
| 2023-12-31 | CA$4.80 | CA$2.50 | x |
| 2024-12-31 | CA$2.69 | CA$2.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Till Capital Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -24.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.03x
- • Equity Multiplier: 1.14x
- Recent ROE (-24.50%) is below the historical average (-24.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -103.14% | 0.00% | -0.09x | 1.28x | CA$-51.80 Million |
| 2013 | -66.24% | 0.00% | -0.06x | 1.16x | CA$-22.40 Million |
| 2014 | -14.92% | -70.58% | 0.16x | 1.32x | CA$-10.02 Million |
| 2015 | -54.28% | 0.00% | -0.13x | 1.99x | CA$-16.56 Million |
| 2016 | 2.11% | 12.69% | 0.09x | 1.91x | CA$-1.90 Million |
| 2017 | -17.03% | 0.00% | 0.00x | 3.35x | CA$-5.93 Million |
| 2018 | -7.95% | 0.00% | -0.02x | 3.17x | CA$-3.71 Million |
| 2019 | -2.74% | -486.32% | 0.00x | 3.06x | CA$-2.62 Million |
| 2020 | -8.04% | 0.00% | -0.01x | 3.20x | CA$-3.50 Million |
| 2021 | 19.09% | 71.08% | 0.10x | 2.82x | CA$2.29 Million |
| 2022 | -23.85% | 0.00% | -0.03x | 3.68x | CA$-5.97 Million |
| 2023 | -14.24% | 0.00% | -0.19x | 1.07x | CA$-3.71 Million |
| 2024 | -24.50% | 0.00% | -0.03x | 1.14x | CA$-2.96 Million |
Industry Comparison
This section compares Till Capital Ltd's net assets metrics with peer companies in the Insurance - Reinsurance industry.
No peer company data available for comparison.
About Till Capital Ltd
Till Capital Corporation, together with its subsidiaries, operates as a mineral exploration company in Canada and the United States. The company explores for silver, gold, and other deposits. It owns various mineral royalties and exploration property option agreements. The company was incorporated in 2012 and is based in Vancouver, Canada.