Torrent Capital Ltd (TORR) - Net Assets
Based on the latest financial reports, Torrent Capital Ltd (TORR) has net assets worth CA$33.54 Million CAD (≈ $24.26 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$34.95 Million ≈ $25.28 Million USD) and total liabilities (CA$1.42 Million ≈ $1.02 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 TORR asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$33.54 Million |
| % of Total Assets | 95.95% |
| Annual Growth Rate | 10.4% |
| 5-Year Change | -20.47% |
| 10-Year Change | 208.11% |
| Growth Volatility | 28.46 |
Torrent Capital Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Torrent Capital Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Torrent Capital Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Torrent Capital Ltd (2013–2024)
The table below shows the annual net assets of Torrent Capital Ltd from 2013 to 2024. For live valuation and market cap data, see TORR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$20.28 Million ≈ $14.67 Million |
+29.39% |
| 2023-12-31 | CA$15.67 Million ≈ $11.34 Million |
-26.66% |
| 2022-12-31 | CA$21.37 Million ≈ $15.46 Million |
-21.90% |
| 2021-12-31 | CA$27.36 Million ≈ $19.79 Million |
+7.31% |
| 2020-12-31 | CA$25.50 Million ≈ $18.44 Million |
+76.50% |
| 2019-12-31 | CA$14.45 Million ≈ $10.45 Million |
+37.42% |
| 2018-12-31 | CA$10.51 Million ≈ $7.60 Million |
+36.72% |
| 2017-12-31 | CA$7.69 Million ≈ $5.56 Million |
+16.94% |
| 2016-12-31 | CA$6.58 Million ≈ $4.76 Million |
-0.10% |
| 2015-12-31 | CA$6.58 Million ≈ $4.76 Million |
-3.67% |
| 2014-12-31 | CA$6.83 Million ≈ $4.94 Million |
+0.09% |
| 2013-12-31 | CA$6.83 Million ≈ $4.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Torrent 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 1294519400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$9.38 Million | 46.27% |
| Other Components | CA$10.90 Million | 53.73% |
| Total Equity | CA$20.28 Million | 100.00% |
Torrent Capital Ltd Competitors by Market Cap
The table below lists competitors of Torrent Capital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SAIHEAT Limited
NASDAQ:SAIH
|
$13.37 Million |
|
Indian Card Clothing Company Limited
NSE:INDIANCARD
|
$13.37 Million |
|
Future Retail Limited
NSE:FRETAIL
|
$13.37 Million |
|
Tellusgruppen AB
ST:TELLUS
|
$13.38 Million |
|
Prospera Energy Inc
V:PEI
|
$13.36 Million |
|
DatChat Inc
NASDAQ:DATS
|
$13.34 Million |
|
Vertice Bhd
KLSE:7240
|
$13.34 Million |
|
Bass Oil Ltd
AU:BAS
|
$13.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Torrent Capital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,671,130 to 20,277,511, a change of 4,606,381 (29.4%).
- Net income of 4,606,381 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$4.61 Million | +22.72% |
| Total Change | CA$- | 29.39% |
Book Value vs Market Value Analysis
This analysis compares Torrent 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: 0.60x
- 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 1.49x to 0.60x 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$0.33 | CA$0.49 | x |
| 2018-12-31 | CA$0.44 | CA$0.49 | x |
| 2019-12-31 | CA$0.60 | CA$0.49 | x |
| 2020-12-31 | CA$1.06 | CA$0.49 | x |
| 2021-12-31 | CA$1.13 | CA$0.49 | x |
| 2022-12-31 | CA$0.85 | CA$0.49 | x |
| 2023-12-31 | CA$0.62 | CA$0.49 | x |
| 2024-12-31 | CA$0.80 | CA$0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Torrent Capital Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2596.46%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.02x
- Recent ROE (22.72%) is above the historical average (4.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -15.92% | 0.00% | 0.00x | 1.02x | CA$-1.77 Million |
| 2014 | -0.40% | 0.00% | 0.00x | 1.02x | CA$-710.59K |
| 2015 | -3.81% | 0.00% | 0.00x | 1.05x | CA$-909.06K |
| 2016 | -0.10% | -7.47% | 0.01x | 1.02x | CA$-663.77K |
| 2017 | 12.94% | 54.03% | 0.24x | 1.01x | CA$225.89K |
| 2018 | 25.70% | 72.34% | 0.34x | 1.06x | CA$1.65 Million |
| 2019 | 26.64% | 82.31% | 0.32x | 1.02x | CA$2.40 Million |
| 2020 | 42.92% | 75.18% | 0.51x | 1.11x | CA$8.39 Million |
| 2021 | 5.84% | 50.30% | 0.11x | 1.08x | CA$-1.14 Million |
| 2022 | -30.00% | -1965.96% | 0.01x | 1.05x | CA$-8.55 Million |
| 2023 | -37.48% | 0.00% | -0.10x | 1.02x | CA$-7.44 Million |
| 2024 | 22.72% | 2596.46% | 0.01x | 1.02x | CA$2.58 Million |
Industry Comparison
This section compares Torrent Capital Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $4,660,220,876
- Average return on equity (ROE) among peers: 6.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Torrent Capital Ltd (TORR) | CA$33.54 Million | -15.92% | 0.04x | $13.36 Million |
| Aberdeen International Inc. (AAB) | $28.78 Million | -45.51% | 0.06x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $134.69 Million | 72.96% | 0.05x | $67.04 Million |
| Canadian Banc Corp (BK) | $109.79 Million | 24.98% | 0.77x | $525.03 Million |
| Brookfield Corporation (BN) | $39.05 Billion | 5.01% | 1.33x | $99.82 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $3.24 Billion | -22.98% | 0.00x | $9.12 Billion |
| Canadian General Investments Ltd (CGI) | $500.05 Million | 24.07% | 0.30x | $767.51 Million |
| CI Financial Corp (CIX) | $2.06 Billion | 24.28% | 1.21x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $399.46 Million | 9.71% | 0.19x | $752.38 Million |
| Cymbria Corporation (CYB) | $1.04 Billion | 2.10% | 0.03x | $987.87 Million |
| Dividend 15 Split Corp II (DF) | $46.10 Million | -33.02% | 3.05x | $151.03 Million |
About Torrent Capital Ltd
Torrent Capital Ltd., an investment company, primarily invests in the securities of public and private companies and cryptocurrencies. The company also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments. The company was formerly know… Read more