Taranis Resources Inc (TRO) - Net Assets

Latest as of September 2025: CA$7.97 Million CAD ≈ $5.77 Million USD

Based on the latest financial reports, Taranis Resources Inc (TRO) has net assets worth CA$7.97 Million CAD (≈ $5.77 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$9.16 Million ≈ $6.63 Million USD) and total liabilities (CA$1.19 Million ≈ $857.53K 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 Taranis Resources Inc total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$7.97 Million
% of Total Assets 87.06%
Annual Growth Rate 3.19%
5-Year Change 62.73%
10-Year Change 153.12%
Growth Volatility 15.06

Taranis Resources Inc - Net Assets Trend (2013–2024)

This chart illustrates how Taranis Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore Taranis Resources Inc asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Taranis Resources Inc (2013–2024)

The table below shows the annual net assets of Taranis Resources Inc from 2013 to 2024. For live valuation and market cap data, see Taranis Resources Inc stock valuation.

Year Net Assets Change
2024-12-31 CA$7.70 Million
≈ $5.57 Million		 +17.00%
2023-12-31 CA$6.58 Million
≈ $4.76 Million		 +16.06%
2022-12-31 CA$5.67 Million
≈ $4.10 Million		 +11.55%
2021-12-31 CA$5.08 Million
≈ $3.68 Million		 +7.44%
2020-12-31 CA$4.73 Million
≈ $3.42 Million		 +5.23%
2019-12-31 CA$4.49 Million
≈ $3.25 Million		 +5.55%
2018-12-31 CA$4.26 Million
≈ $3.08 Million		 +12.56%
2017-12-31 CA$3.78 Million
≈ $2.74 Million		 +11.00%
2016-12-31 CA$3.41 Million
≈ $2.47 Million		 +12.09%
2015-12-31 CA$3.04 Million
≈ $2.20 Million		 -11.31%
2014-12-31 CA$3.43 Million
≈ $2.48 Million		 -37.09%
2013-12-31 CA$5.45 Million
≈ $3.94 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Taranis Resources 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 503882300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$16.03 Million 208.21%
Total Equity CA$7.70 Million 100.00%

Taranis Resources Inc Competitors by Market Cap

The table below lists competitors of Taranis Resources Inc ranked by their market capitalization.

Company Market Cap
S F Capital Bhd
KLSE:8745
 $11.86 Million
Talisman Mining Ltd
AU:TLM
 $11.86 Million
Just Group plc
LSE:JUST
 $11.86 Million
Australian Dairy Nutritionals Ltd
AU:AHF
 $11.87 Million
ABERA BIOSCIENCE AB
F:8WK
 $11.85 Million
Value8 N.V
AS:PREVA
 $11.84 Million
Amalgamated Industrial Steel Berhad
KLSE:2682
 $11.83 Million
LX Hausys Ltd Preferred
KO:108675
 $11.82 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taranis Resources Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,578,596 to 7,696,841, a change of 1,118,245 (17.0%).
  • Net loss of 289,280 reduced equity.
  • New share issuances of 1,421,550 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-289.28K -3.76%
Share Issuances CA$1.42 Million +18.47%
Other Changes CA$-14.03K -0.18%
Total Change CA$- 17.00%

Book Value vs Market Value Analysis

This analysis compares Taranis Resources 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: 2.08x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 2.49x to 2.08x 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$0.06 CA$0.16 x
2018-12-31 CA$0.07 CA$0.16 x
2019-12-31 CA$0.07 CA$0.16 x
2020-12-31 CA$0.06 CA$0.16 x
2021-12-31 CA$0.06 CA$0.16 x
2022-12-31 CA$0.07 CA$0.16 x
2023-12-31 CA$0.07 CA$0.16 x
2024-12-31 CA$0.08 CA$0.16 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taranis Resources 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): -3.76%
  • 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: 1.14x
  • Recent ROE (-3.76%) is above the historical average (-10.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -3.83% 0.00% 0.00x 1.09x CA$-753.87K
2014 -65.83% 0.00% 0.00x 1.12x CA$-2.60 Million
2015 -14.51% 0.00% 0.00x 1.20x CA$-745.27K
2016 -7.29% 0.00% 0.00x 1.25x CA$-589.30K
2017 -7.13% 0.00% 0.00x 1.27x CA$-648.25K
2018 -5.53% 0.00% 0.00x 1.22x CA$-661.19K
2019 -2.80% 0.00% 0.00x 1.22x CA$-575.27K
2020 -3.88% 0.00% 0.00x 1.22x CA$-656.55K
2021 -4.49% 0.00% 0.00x 1.22x CA$-736.31K
2022 -5.22% 0.00% 0.00x 1.22x CA$-862.46K
2023 -7.06% 0.00% 0.00x 1.14x CA$-1.12 Million
2024 -3.76% 0.00% 0.00x 1.14x CA$-1.06 Million

Industry Comparison

This section compares Taranis Resources 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: $49,314,810
  • Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taranis Resources Inc (TRO) CA$7.97 Million -3.83% 0.15x $11.85 Million
Aftermath Silver Ltd (AAG) $-553.41K 0.00% 0.00x $185.75 Million
Aton Resources Inc (AAN) $-1.13 Million 0.00% 0.00x $49.79 Million
Arbor Metals Corp (ABR) $1.00 Million -16.27% 0.02x $10.75 Million
Asiabasemetals Inc (ABZ) $717.72K -45.73% 0.05x $4.67 Million
Adex Mining Inc (ADE) $-30.95 Million 0.00% 0.00x $27.09 Million
Alphamin Res (AFM) $367.40 Million 27.47% 0.33x $1.30 Billion
Silver X Mining Corp (AGX) $38.37 Million -47.47% 0.73x $148.73 Million
Amarc Resources Ltd. (AHR) $14.00 Million 5.93% 0.01x $148.33 Million
Almonty Industries Inc (AII) $39.75 Million -36.45% 3.85x $4.73 Billion
Aldebaran Resources Inc (ALDE) $64.54 Million -3.09% 0.01x $332.39 Million

About Taranis Resources Inc

V:TRO Canada Other Industrial Metals & Mining
Market Cap
$11.85 Million
CA$16.39 Million CAD
Market Cap Rank
#26446 Global
#1096 in Canada
Share Price
CA$0.16
Change (1 day)
+0.00%
52-Week Range
CA$0.15 - CA$0.35
All Time High
CA$0.49
Categories
Companies in Canada Other Industrial Metals & Mining
About

Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal projects in Canada. The company primarily explores for silver, gold, copper, lead, and zinc deposits. It holds a 100% interest in the Thor property comprising 27 crown granted mineral claims and 31 mineral tenures covering an area of approximately 5,441 hectare… Read more