Torr Metals Inc (TMET) - Net Assets
Based on the latest financial reports, Torr Metals Inc (TMET) has net assets worth CA$6.27 Million CAD (≈ $4.54 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.36 Million ≈ $5.33 Million USD) and total liabilities (CA$1.09 Million ≈ $786.40K 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. Read TMET total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.27 Million |
| % of Total Assets | 85.23% |
| Annual Growth Rate | 46.73% |
| 5-Year Change | 534.27% |
| 10-Year Change | N/A |
| Growth Volatility | 1198.38 |
Torr Metals Inc - Net Assets Trend (2019–2025)
This chart illustrates how Torr Metals Inc's net assets have evolved over time, based on quarterly financial data. Also explore TMET total asset value for the complete picture of this company's asset base.
Annual Net Assets for Torr Metals Inc (2019–2025)
The table below shows the annual net assets of Torr Metals Inc from 2019 to 2025. For live valuation and market cap data, see Torr Metals Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$1.54 Million ≈ $1.11 Million |
-82.16% |
| 2024-04-30 | CA$8.63 Million ≈ $6.24 Million |
-0.30% |
| 2023-04-30 | CA$8.66 Million ≈ $6.26 Million |
+7.67% |
| 2022-04-30 | CA$8.04 Million ≈ $5.82 Million |
+3211.71% |
| 2021-04-30 | CA$242.81K ≈ $175.65K |
-13.06% |
| 2020-04-30 | CA$279.28K ≈ $202.03K |
+81.05% |
| 2019-04-30 | CA$154.26K ≈ $111.59K |
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Equity Component Analysis
This analysis shows how different components contribute to Torr 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 902086900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.57 Million | 686.43% |
| Total Equity | CA$1.54 Million | 100.00% |
Torr Metals Inc Competitors by Market Cap
The table below lists competitors of Torr Metals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alliance Developpement Capital SIIC SE
PA:ALDV
|
$8.49 Million |
|
EURO MANGANESE CDI/1
F:E06A
|
$8.50 Million |
|
Avalon Holdings Corporation
NYSE MKT:AWX
|
$8.50 Million |
|
Bright Packaging Industry Bhd
KLSE:9938
|
$8.51 Million |
|
Morien Resources Corp
V:MOX
|
$8.49 Million |
|
M3-Brigade Acquisition V Corp. Warrant
NASDAQ:MBAVW
|
$8.49 Million |
|
NORDIC TECH.GRP.NK-00423
F:UA5
|
$8.49 Million |
|
ATAM VALVES ORD (BSE)
NSE:ATAM
|
$8.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Torr Metals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,632,376 to 1,540,089, a change of -7,092,287 (-82.2%).
- Net loss of 7,999,190 reduced equity.
- New share issuances of 853,150 increased equity.
- Other factors increased equity by 53,753.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.00 Million | -519.4% |
| Share Issuances | CA$853.15K | +55.4% |
| Other Changes | CA$53.75K | +3.49% |
| Total Change | CA$- | -82.16% |
Book Value vs Market Value Analysis
This analysis compares Torr 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
- Current price-to-book ratio: 3.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.93x to 3.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | CA$0.04 | CA$0.14 | x |
| 2020-04-30 | CA$0.06 | CA$0.14 | x |
| 2021-04-30 | CA$0.06 | CA$0.14 | x |
| 2022-04-30 | CA$0.25 | CA$0.14 | x |
| 2023-04-30 | CA$0.24 | CA$0.14 | x |
| 2024-04-30 | CA$0.24 | CA$0.14 | x |
| 2025-04-30 | CA$0.04 | CA$0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Torr Metals Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -519.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-519.40%) is below the historical average (-101.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -62.47% | 0.00% | 0.00x | 1.20x | CA$-202.41K |
| 2021 | -15.02% | 0.00% | 0.00x | 1.06x | CA$-60.75K |
| 2022 | -9.19% | 0.00% | 0.00x | 1.03x | CA$-1.54 Million |
| 2023 | -1.22% | 0.00% | 0.00x | 1.05x | CA$-971.75K |
| 2024 | -0.30% | 0.00% | 0.00x | 1.01x | CA$-889.06K |
| 2025 | -519.40% | 0.00% | 0.00x | 1.15x | CA$-8.15 Million |
Industry Comparison
This section compares Torr Metals Inc'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: $50,463,380
- Average return on equity (ROE) among peers: -130.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Torr Metals Inc (TMET) | CA$6.27 Million | -62.47% | 0.17x | $8.49 Million |
| Aftermath Silver Ltd (AAG) | $861.81K | -122.73% | 0.30x | $195.23 Million |
| Aton Resources Inc (AAN) | $-9.99 Million | 0.00% | 0.00x | $54.40 Million |
| Arbor Metals Corp (ABR) | $10.98 Million | -14.09% | 0.06x | $11.94 Million |
| Asiabasemetals Inc (ABZ) | $175.08K | -121.37% | 0.12x | $2.91 Million |
| Adex Mining Inc (ADE) | $-4.38 Million | 0.00% | 0.00x | $53.89 Million |
| Alphamin Res (AFM) | $365.51 Million | 12.92% | 0.41x | $1.25 Billion |
| Silver X Mining Corp (AGX) | $18.90 Million | -23.55% | 1.85x | $146.02 Million |
| Amarc Resources Ltd. (AHR) | $476.14K | -1025.76% | 2.69x | $167.89 Million |
| Almonty Industries Inc (AII) | $21.86 Million | -10.24% | 0.68x | $4.46 Billion |
| Aldebaran Resources Inc (ALDE) | $100.24 Million | -2.37% | 0.01x | $389.57 Million |
About Torr Metals Inc
Torr Metals Inc. engages in the identification, acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for copper, gold, silver, and molybdenum deposits. The company holds a 100% interest in the Kolos copper gold project that covers an area of 27,500 hectares located in south-central British Columbia; and the Filion Gold Project which covers an area of 26,… Read more