Tier One Silver Inc (TSLV) - Net Assets
Based on the latest financial reports, Tier One Silver Inc (TSLV) has net assets worth CA$3.83 Million CAD (≈ $2.77 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.85 Million ≈ $4.23 Million USD) and total liabilities (CA$2.03 Million ≈ $1.47 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 TSLV tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.83 Million |
| % of Total Assets | 65.38% |
| Annual Growth Rate | 1.62% |
| 5-Year Change | -20.31% |
| 10-Year Change | N/A |
| Growth Volatility | 256.62 |
Tier One Silver Inc - Net Assets Trend (2019–2025)
This chart illustrates how Tier One Silver Inc's net assets have evolved over time, based on quarterly financial data. See TSLV cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tier One Silver Inc (2019–2025)
The table below shows the annual net assets of Tier One Silver Inc from 2019 to 2025. For live valuation and market cap data, see Tier One Silver Inc (TSLV) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$3.83 Million ≈ $2.77 Million |
+660.76% |
| 2024-12-31 | CA$502.98K ≈ $363.85K |
-78.91% |
| 2023-12-31 | CA$2.38 Million ≈ $1.73 Million |
-42.64% |
| 2022-12-31 | CA$4.16 Million ≈ $3.01 Million |
-13.42% |
| 2021-12-31 | CA$4.80 Million ≈ $3.47 Million |
-22.70% |
| 2020-12-31 | CA$6.21 Million ≈ $4.49 Million |
+78.79% |
| 2019-12-31 | CA$3.47 Million ≈ $2.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tier One Silver 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 3928437200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$43.11 Million | 1126.64% |
| Total Equity | CA$3.83 Million | 100.00% |
Tier One Silver Inc Competitors by Market Cap
The table below lists competitors of Tier One Silver Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bravada Gold Corporation
V:BVA
|
$14.97 Million |
|
Digital Graphics Incorporation
KQ:043360
|
$14.98 Million |
|
Shape Robotics AS
CO:SHAPE
|
$14.98 Million |
|
Vertex Resource Group Ltd
V:VTX
|
$14.99 Million |
|
Relpol SA
WAR:RLP
|
$14.97 Million |
|
Talex S.A.
WAR:TLX
|
$14.94 Million |
|
VisDynamics Holdings Bhd
KLSE:0120
|
$14.94 Million |
|
NBT Inc.
KQ:236810
|
$14.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tier One Silver Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 502,979 to 3,826,483, a change of 3,323,504 (660.8%).
- Net loss of 3,253,035 reduced equity.
- New share issuances of 6,279,691 increased equity.
- Other factors increased equity by 296,848.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.25 Million | -85.01% |
| Share Issuances | CA$6.28 Million | +164.11% |
| Other Changes | CA$296.85K | +7.76% |
| Total Change | CA$- | 660.76% |
Book Value vs Market Value Analysis
This analysis compares Tier One Silver 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: 5.41x
- 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 increased from 2.90x to 5.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.03 | CA$0.08 | x |
| 2020-12-31 | CA$0.05 | CA$0.08 | x |
| 2021-12-31 | CA$0.04 | CA$0.08 | x |
| 2022-12-31 | CA$0.03 | CA$0.08 | x |
| 2023-12-31 | CA$0.01 | CA$0.08 | x |
| 2024-12-31 | CA$0.00 | CA$0.08 | x |
| 2025-12-31 | CA$0.01 | CA$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tier One Silver Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -85.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.53x
- Recent ROE (-85.01%) is above the historical average (-242.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -46.07% | 0.00% | 0.00x | 1.00x | CA$-1.95 Million |
| 2020 | -52.68% | 0.00% | 0.00x | 1.08x | CA$-3.89 Million |
| 2021 | -364.12% | 0.00% | 0.00x | 1.27x | CA$-17.97 Million |
| 2022 | -186.16% | 0.00% | 0.00x | 1.26x | CA$-8.16 Million |
| 2023 | -229.76% | 0.00% | 0.00x | 1.54x | CA$-5.72 Million |
| 2024 | -732.47% | 0.00% | 0.00x | 3.89x | CA$-3.73 Million |
| 2025 | -85.01% | 0.00% | 0.00x | 1.53x | CA$-3.64 Million |
Industry Comparison
This section compares Tier One Silver Inc's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $8,968,473
- Average return on equity (ROE) among peers: -5058.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tier One Silver Inc (TSLV) | CA$3.83 Million | -46.07% | 0.53x | $14.97 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.85 Billion |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -152.13% | 0.40x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $14.37 Million | -188.43% | 4.16x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $37.20 Million |
| American Creek Resources Ltd (AMK) | $12.62 Million | 7.02% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Tier One Silver Inc
Tier One Silver Inc. acquires and explores mineral properties in Peru. The company explores for silver, gold, and base metal deposits. Its flagship property is the 100% owned Curibaya project covering an area of approximately 17,000 hectares located in Tacna. The company was formerly known as Tier One Metals Inc. and changed its name to Tier One Silver Inc. in January 2021. Tier One Silver Inc. w… Read more