Tarku Resources Ltd (TKU) - Net Assets
Based on the latest financial reports, Tarku Resources Ltd (TKU) has net assets worth CA$2.46 Million CAD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.57 Million) and total liabilities (CA$1.12 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$2.46 Million |
| % of Total Assets | 68.77% |
| Annual Growth Rate | 25.98% |
| 5-Year Change | 179.58% |
| 10-Year Change | 1653.67% |
| Growth Volatility | 102.17 |
Tarku Resources Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Tarku Resources 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 Tarku Resources Ltd (2014–2024)
The table below shows the annual net assets of Tarku Resources Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CA$2.51 Million | -17.99% |
| 2023-09-30 | CA$3.06 Million | +13.52% |
| 2022-09-30 | CA$2.70 Million | +58.63% |
| 2021-09-30 | CA$1.70 Million | +89.30% |
| 2020-09-30 | CA$898.35K | +221.52% |
| 2019-09-30 | CA$279.41K | -58.58% |
| 2018-09-30 | CA$674.62K | -43.86% |
| 2017-09-30 | CA$1.20 Million | +198.38% |
| 2016-09-30 | CA$402.71K | +181.18% |
| 2015-09-30 | CA$143.22K | -42.54% |
| 2014-09-30 | CA$249.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tarku Resources 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 968753200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$13.39 Million | 532.94% |
| Total Equity | CA$2.51 Million | 100.00% |
Tarku Resources Ltd Competitors by Market Cap
The table below lists competitors of Tarku Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ribbon Acquisition Corp Rights
NASDAQ:RIBBR
|
$918.72K |
|
ENGAGE XR HLDGS EO-001
F:6VR
|
$920.37K |
|
Alveen
PA:MLALV
|
$920.96K |
|
Discovery Harbour Resources Corp
V:DHR
|
$921.29K |
|
Greencastle Resources Ltd.
V:VGN
|
$916.80K |
|
SPOTLITE360 IOT SOLUTIONS
F:87A0
|
$916.43K |
|
Aker Horizons AS
OL:AKH
|
$915.32K |
|
EJF Investments Ltd
LSE:EJFI
|
$915.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tarku Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,062,431 to 2,511,635, a change of -550,796 (-18.0%).
- Net loss of 903,046 reduced equity.
- New share issuances of 375,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-903.05K | -35.95% |
| Share Issuances | CA$375.00K | +14.93% |
| Other Changes | CA$-22.75K | -0.91% |
| Total Change | CA$- | -17.99% |
Book Value vs Market Value Analysis
This analysis compares Tarku Resources 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: 0.50x
- 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 increased from 0.07x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | CA$0.14 | CA$0.01 | x |
| 2018-09-30 | CA$0.07 | CA$0.01 | x |
| 2019-09-30 | CA$0.02 | CA$0.01 | x |
| 2020-09-30 | CA$0.03 | CA$0.01 | x |
| 2021-09-30 | CA$0.03 | CA$0.01 | x |
| 2022-09-30 | CA$0.03 | CA$0.01 | x |
| 2023-09-30 | CA$0.03 | CA$0.01 | x |
| 2024-09-30 | CA$0.02 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tarku Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -35.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.44x
- Recent ROE (-35.95%) is above the historical average (-126.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -211.67% | 0.00% | 0.00x | 1.70x | CA$-552.55K |
| 2015 | -308.56% | 0.00% | 0.00x | 1.71x | CA$-456.25K |
| 2016 | -54.33% | 0.00% | 0.00x | 1.27x | CA$-259.06K |
| 2017 | -54.74% | 0.00% | 0.00x | 1.13x | CA$-777.89K |
| 2018 | -118.51% | 0.00% | 0.00x | 1.18x | CA$-866.97K |
| 2019 | -296.04% | 0.00% | 0.00x | 1.89x | CA$-855.11K |
| 2020 | -55.99% | 0.00% | 0.00x | 1.15x | CA$-592.78K |
| 2021 | -152.91% | 0.00% | 0.00x | 1.10x | CA$-2.77 Million |
| 2022 | -52.97% | 0.00% | 0.00x | 1.37x | CA$-1.70 Million |
| 2023 | -44.43% | 0.00% | 0.00x | 1.23x | CA$-1.67 Million |
| 2024 | -35.95% | 0.00% | 0.00x | 1.44x | CA$-1.15 Million |
Industry Comparison
This section compares Tarku Resources Ltd'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: $20,343,055
- Average return on equity (ROE) among peers: -32.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tarku Resources Ltd (TKU) | CA$2.46 Million | -211.67% | 0.45x | $916.81K |
| Aftermath Silver Ltd (AAG) | $26.16 Million | -23.42% | 0.41x | $215.07 Million |
| Aton Resources Inc (AAN) | $-9.49 Million | 0.00% | 0.00x | $52.55 Million |
| Asbestos Corporation Limited (AB-H) | $-20.67 Million | 0.00% | 0.00x | $1.85 Million |
| Arbor Metals Corp (ABR) | $384.49K | -219.08% | 1.89x | $10.15 Million |
| Asiabasemetals Inc (ABZ) | $-91.78K | 0.00% | 0.00x | $5.75 Million |
| Adex Mining Inc (ADE) | $13.66 Million | -11.99% | 0.07x | $27.09 Million |
| AE Fuels Corporation (AEF) | $423.41K | -11.49% | 0.28x | $4.95 Million |
| Alphamin Res (AFM) | $174.59 Million | 2.85% | 0.82x | $1.27 Billion |
| African Metals Corporation (AFR) | $-227.17K | 0.00% | 0.00x | $1.00 Million |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $148.73 Million |
About Tarku Resources Ltd
Tarku Resources Ltd. engages in the exploration of mineral resources in Quebec and Arizona, the United States. The company explores for gold, lead, zinc, silver, copper, nickel, cobalt, and platinum group element deposits. Its flagship properties include Apollo project covering 96 claims covering an area of 52.7 square kilometers; Admiral project comprising 78 claims that covers an area of 43.3 s… Read more