Trigon Metals Inc (TM) - Net Assets
Based on the latest financial reports, Trigon Metals Inc (TM) has net assets worth CA$-12.65 Million CAD (≈ $-9.15 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$35.19 Million ≈ $25.46 Million USD) and total liabilities (CA$47.84 Million ≈ $34.60 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Trigon Metals Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-12.65 Million |
| % of Total Assets | -35.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | -611.99% |
| 10-Year Change | -6753.43% |
| Growth Volatility | 494.43 |
Trigon Metals Inc - Net Assets Trend (2002–2025)
This chart illustrates how Trigon Metals Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Trigon Metals Inc for the complete picture of this company's asset base.
Annual Net Assets for Trigon Metals Inc (2002–2025)
The table below shows the annual net assets of Trigon Metals Inc from 2002 to 2025. For live valuation and market cap data, see TM stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$-6.16 Million ≈ $-4.45 Million |
-11.48% |
| 2024-03-31 | CA$-5.52 Million ≈ $-4.00 Million |
+20.03% |
| 2023-03-31 | CA$-6.91 Million ≈ $-5.00 Million |
-177.81% |
| 2022-03-31 | CA$8.88 Million ≈ $6.42 Million |
+638.04% |
| 2021-03-31 | CA$1.20 Million ≈ $869.99K |
+3.73% |
| 2020-03-31 | CA$1.16 Million ≈ $838.73K |
+292.46% |
| 2019-03-31 | CA$-602.42K ≈ $-435.78K |
-925.90% |
| 2018-03-31 | CA$-58.72K ≈ $-42.48K |
-114.87% |
| 2017-03-31 | CA$395.01K ≈ $285.74K |
+326.82% |
| 2016-03-31 | CA$92.55K ≈ $66.95K |
-91.07% |
| 2015-03-31 | CA$1.04 Million ≈ $750.08K |
-78.54% |
| 2014-03-31 | CA$4.83 Million ≈ $3.49 Million |
+2.92% |
| 2013-03-31 | CA$4.69 Million ≈ $3.40 Million |
+127.59% |
| 2012-03-31 | CA$2.06 Million ≈ $1.49 Million |
+1604.58% |
| 2010-03-31 | CA$-137.06K ≈ $-99.15K |
+16.24% |
| 2009-03-31 | CA$-163.64K ≈ $-118.37K |
-109.82% |
| 2008-03-31 | CA$1.67 Million ≈ $1.20 Million |
+306.39% |
| 2006-03-31 | CA$-807.08K ≈ $-583.83K |
-731.97% |
| 2005-03-31 | CA$-97.01K ≈ $-70.17K |
-102.65% |
| 2004-03-31 | CA$3.66 Million ≈ $2.65 Million |
+1635.56% |
| 2003-03-31 | CA$211.11K ≈ $152.71K |
+175.93% |
| 2002-03-31 | CA$-278.02K ≈ $-201.12K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Trigon Metals Inc'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 6259134116.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$64.69 Million | % |
| Total Equity | CA$-729.26K | 100.00% |
Trigon Metals Inc Competitors by Market Cap
The table below lists competitors of Trigon Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Volt Resources Ltd
AU:VRC
|
$18.23 Million |
|
RLF Agtech Ltd
AU:RLF
|
$18.23 Million |
|
Scibase AB
ST:SCIB
|
$18.23 Million |
|
Ihlas Yayin Holding A.S.
IS:IHYAY
|
$18.24 Million |
|
Sub Sri Thai Public Company Limited
BK:SST
|
$18.21 Million |
|
Photon Energy N.V.
WAR:PEN
|
$18.20 Million |
|
Aurania Resources Ltd
V:ARU
|
$18.20 Million |
|
Tecnisa S.A
SA:TCSA3
|
$18.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trigon Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 84,000 to -729,260, a change of -813,260 (-968.2%).
- Net loss of 4,137,652 reduced equity.
- New share issuances of 1,756,499 increased equity.
- Other comprehensive income decreased equity by 16,908,410.
- Other factors increased equity by 18,476,303.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.14 Million | -567.38% |
| Share Issuances | CA$1.76 Million | +240.86% |
| Other Comprehensive Income | CA$-16.91 Million | -2318.57% |
| Other Changes | CA$18.48 Million | +2533.57% |
| Total Change | CA$- | -968.17% |
Book Value vs Market Value Analysis
This analysis compares Trigon Metals Inc'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 |
|---|---|---|---|
| 2002-03-31 | CA$-6.71 | CA$0.46 | x |
| 2003-03-31 | CA$4.25 | CA$0.46 | x |
| 2004-03-31 | CA$53.01 | CA$0.46 | x |
| 2005-03-31 | CA$-1.40 | CA$0.46 | x |
| 2006-03-31 | CA$-9.25 | CA$0.46 | x |
| 2008-03-31 | CA$13.18 | CA$0.46 | x |
| 2009-03-31 | CA$-1.24 | CA$0.46 | x |
| 2010-03-31 | CA$-0.98 | CA$0.46 | x |
| 2012-03-31 | CA$2.76 | CA$0.46 | x |
| 2013-03-31 | CA$2.36 | CA$0.46 | x |
| 2014-03-31 | CA$2.15 | CA$0.46 | x |
| 2015-03-31 | CA$0.43 | CA$0.46 | x |
| 2016-03-31 | CA$0.05 | CA$0.46 | x |
| 2017-03-31 | CA$0.15 | CA$0.46 | x |
| 2018-03-31 | CA$0.04 | CA$0.46 | x |
| 2019-03-31 | CA$-0.05 | CA$0.46 | x |
| 2020-03-31 | CA$0.12 | CA$0.46 | x |
| 2021-03-31 | CA$0.08 | CA$0.46 | x |
| 2022-03-31 | CA$0.34 | CA$0.46 | x |
| 2023-03-31 | CA$-0.12 | CA$0.46 | x |
| 2024-03-31 | CA$0.00 | CA$0.46 | x |
| 2025-03-31 | CA$-0.01 | CA$0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trigon Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-231.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -222.89% | 0.64x | 0.00x | CA$-1.22 Million |
| 2003 | -466.97% | -133.29% | 0.64x | 5.44x | CA$-1.01 Million |
| 2004 | 17.95% | 327.36% | 0.03x | 1.74x | CA$291.38K |
| 2005 | 0.00% | -23.20% | 2.92x | 0.00x | CA$-4.41 Million |
| 2006 | 0.00% | -3.85% | 4.48x | 0.00x | CA$-1.07 Million |
| 2008 | -27.18% | -3816.47% | 0.01x | 1.08x | CA$-619.40K |
| 2009 | 0.00% | -1601.13% | 0.50x | 0.00x | CA$-264.73K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-113.70K |
| 2012 | -140.29% | 0.00% | 0.00x | 1.23x | CA$-3.10 Million |
| 2013 | -452.88% | 0.00% | 0.00x | 1.52x | CA$-17.65 Million |
| 2014 | -58.00% | 0.00% | 0.00x | 1.36x | CA$-2.76 Million |
| 2015 | -401.84% | 0.00% | 0.00x | 1.20x | CA$-4.19 Million |
| 2016 | -137.93% | 0.00% | 0.00x | 2.93x | CA$-195.29K |
| 2017 | -267.71% | 0.00% | 0.00x | 1.35x | CA$-1.35 Million |
| 2018 | -1422.83% | 0.00% | 0.00x | 1.97x | CA$-2.82 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.05 Million |
| 2020 | -132.35% | 0.00% | 0.00x | 1.14x | CA$-2.14 Million |
| 2021 | -317.54% | 0.00% | 0.00x | 1.90x | CA$-5.21 Million |
| 2022 | -53.02% | -1697.48% | 0.02x | 1.86x | CA$-6.16 Million |
| 2023 | 0.00% | -1734.82% | 0.03x | 0.00x | CA$-16.04 Million |
| 2024 | -1242.63% | -8.07% | 0.25x | 613.04x | CA$-1.05 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-4.06 Million |
Industry Comparison
This section compares Trigon Metals Inc's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $68,569,232
- Average return on equity (ROE) among peers: -31.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trigon Metals Inc (TM) | CA$-12.65 Million | 0.00% | N/A | $18.23 Million |
| Amerigo Resources Ltd. (ARG) | $94.04 Million | -20.19% | 0.53x | $724.65 Million |
| Aranjin Resources Ltd (ARJN) | $-3.44 Million | 0.00% | 0.00x | $993.53K |
| Arizona Sonoran Copper Company Inc (ASCU) | $65.98 Million | -10.82% | 0.05x | $652.36 Million |
| Bell Copper Corp (BCU) | $9.37 Million | -24.94% | 0.06x | $7.41 Million |
| Capstone Mining Corp (CS) | $6.84 Million | -27.19% | 0.05x | $6.22 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 | $146.24 Million |
| Ero Copper Corp (ERO) | $103.82 Million | -3.04% | 2.47x | $2.57 Billion |
| Faraday Copper Corp. (FDY) | $4.78 Million | -190.41% | 0.18x | $480.47 Million |
| First Quantum Minerals Ltd (FM) | $389.23 Million | 45.77% | 1.24x | $19.37 Billion |
About Trigon Metals Inc
Trigon Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African continent. It primarily explores for copper, lead, and silver deposits. The company holds an 80% interest in its flagship project, the Kombat Mine Property, which consists of five mining licenses and two prospecting licenses locat… Read more