Turnium Technology Group Inc.
Turnium Technology Group Inc. provides IT solutions worldwide. It builds Technology-as-a-Service platform that incorporates the services, platforms, and capabilities that ISPs, MSPs, IT providers, VoIP/UCaaS, CCaaS, or cloud providers need. The company also offers deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market. Turnium T… Read more
Turnium Technology Group Inc. (TTGI) - Net Assets
Latest net assets as of September 2025: CA$-10.06 Million CAD
Based on the latest financial reports, Turnium Technology Group Inc. (TTGI) has net assets worth CA$-10.06 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.59 Million) and total liabilities (CA$16.66 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-10.06 Million |
| % of Total Assets | -152.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Turnium Technology Group Inc. - Net Assets Trend (2020–2025)
This chart illustrates how Turnium Technology Group Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Turnium Technology Group Inc. (2020–2025)
The table below shows the annual net assets of Turnium Technology Group Inc. from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | CA$-10.06 Million | -4885.20% |
| 2024-09-30 | CA$-201.82K | +83.03% |
| 2023-09-30 | CA$-1.19 Million | +23.25% |
| 2022-09-30 | CA$-1.55 Million | +47.97% |
| 2021-09-30 | CA$-2.98 Million | +1.23% |
| 2020-09-30 | CA$-3.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Turnium Technology Group 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 3119909100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$27.66 Million | % |
| Total Equity | CA$-10.06 Million | 100.00% |
Turnium Technology Group Inc. Competitors by Market Cap
The table below lists competitors of Turnium Technology Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iconic Worldwide Bhd
KLSE:9113
|
$7.58 Million |
|
Beyond Air Inc
NASDAQ:XAIR
|
$7.58 Million |
|
Elgi Rubber Company Limited
NSE:ELGIRUBCO
|
$7.58 Million |
|
Briacell Therapeutics Corp
NASDAQ:BCTX
|
$7.58 Million |
|
Nam Sung
KO:004270
|
$7.57 Million |
|
KRONA PUBLIC REAL ESTATE
F:927
|
$7.57 Million |
|
Basanite Inc
OTCQB:BASA
|
$7.57 Million |
|
Koge Micro Tech Co Ltd
TWO:4568
|
$7.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turnium Technology Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -201,817 to -10,060,974, a change of -9,859,157.
- Net loss of 11,288,739 reduced equity.
- New share issuances of 1,247,250 increased equity.
- Other factors increased equity by 182,332.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-11.29 Million | -112.2% |
| Share Issuances | CA$1.25 Million | +12.4% |
| Other Changes | CA$182.33K | +1.81% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Turnium Technology Group 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 |
|---|---|---|---|
| 2020-09-30 | CA$-0.04 | CA$0.07 | x |
| 2021-09-30 | CA$-0.04 | CA$0.07 | x |
| 2022-09-30 | CA$-0.02 | CA$0.07 | x |
| 2023-09-30 | CA$-0.01 | CA$0.07 | x |
| 2024-09-30 | CA$0.00 | CA$0.07 | x |
| 2025-09-30 | CA$-0.05 | CA$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turnium Technology Group Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -168.06%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -52.22% | 3.33x | 0.00x | CA$-1.18 Million |
| 2021 | 0.00% | -142.40% | 1.58x | 0.00x | CA$-5.33 Million |
| 2022 | 0.00% | -141.50% | 1.47x | 0.00x | CA$-7.14 Million |
| 2023 | 0.00% | -76.90% | 1.79x | 0.00x | CA$-3.89 Million |
| 2024 | 0.00% | -84.42% | 0.31x | 0.00x | CA$-2.96 Million |
| 2025 | 0.00% | -168.06% | 1.02x | 0.00x | CA$-10.28 Million |
Industry Comparison
This section compares Turnium Technology Group Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $-3,143,856
- Average return on equity (ROE) among peers: -274.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turnium Technology Group Inc. (TTGI) | CA$-10.06 Million | 0.00% | N/A | $7.57 Million |
| "Clip Money Inc." (CLIP) | $848.19K | -1098.41% | 15.34x | $6.35 Million |
| CyberCatch Holdings Inc. (CYBE) | $-2.72 Million | 0.00% | 0.00x | $19.43 Million |
| The FUTR Corporation (FTRC) | $-7.87 Million | 0.00% | 0.00x | $16.27 Million |
| MiMedia Holdings Inc. (MIM) | $-2.83 Million | 0.00% | 0.00x | $12.66 Million |