Tuktu Resources Ltd.
Tuktu Resources Ltd. operates as an oil and natural gas exploration, development, and production company in Canada. The company explores for copper; and offers crude oil, natural gas, and natural gas liquids. It holds a portfolio of oil and natural gas properties located in Eastern and Southern Alberta, as well as mineral properties situated in British Columbia. The company was formerly known as … Read more
Tuktu Resources Ltd. (TUK) - Net Assets
Latest net assets as of September 2025: CA$10.32 Million CAD
Based on the latest financial reports, Tuktu Resources Ltd. (TUK) has net assets worth CA$10.32 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$21.19 Million) and total liabilities (CA$10.87 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$10.32 Million |
| % of Total Assets | 48.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Tuktu Resources Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Tuktu Resources Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tuktu Resources Ltd. (2020–2024)
The table below shows the annual net assets of Tuktu Resources Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$11.68 Million | +212.10% |
| 2023-12-31 | CA$3.74 Million | +4351.19% |
| 2022-12-31 | CA$-88.06K | +68.27% |
| 2021-12-31 | CA$-277.48K | -60.71% |
| 2020-12-31 | CA$-172.66K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tuktu Resources 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 decreased by 371758800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$32.96 Million | 282.08% |
| Total Equity | CA$11.68 Million | 100.00% |
Tuktu Resources Ltd. Competitors by Market Cap
The table below lists competitors of Tuktu Resources Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Top Gum Industries Ltd
TA:TPGM
|
$3.21 Million |
|
Polychem Indonesia Tbk
JK:ADMG
|
$3.21 Million |
|
SpectraCure AB
ST:SPEC
|
$3.21 Million |
|
Witbe Net SA
PA:ALWIT
|
$3.21 Million |
|
Clientele
JSE:CLI
|
$3.20 Million |
|
CORNERSTONE FS LS -01
F:90W
|
$3.20 Million |
|
GACM Technologies Limited
NSE:GATECH
|
$3.20 Million |
|
Rompetrol Rafi
RO:RRC
|
$3.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tuktu Resources Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,743,382 to 11,683,031, a change of 7,939,649 (212.1%).
- Net loss of 2,659,562 reduced equity.
- New share issuances of 10,110,429 increased equity.
- Other factors increased equity by 488,782.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.66 Million | -22.76% |
| Share Issuances | CA$10.11 Million | +86.54% |
| Other Changes | CA$488.78K | +4.18% |
| Total Change | CA$- | 212.10% |
Book Value vs Market Value Analysis
This analysis compares Tuktu Resources 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: 0.56x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CA$-0.01 | CA$0.03 | x |
| 2021-12-31 | CA$-0.02 | CA$0.03 | x |
| 2022-12-31 | CA$0.00 | CA$0.03 | x |
| 2023-12-31 | CA$0.03 | CA$0.03 | x |
| 2024-12-31 | CA$0.04 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tuktu Resources Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.56%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.94x
- Recent ROE (-22.76%) is below the historical average (1.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-73.88K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-77.07K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.14 Million |
| 2023 | 31.88% | 75.03% | 0.17x | 2.51x | CA$819.19K |
| 2024 | -22.76% | -43.56% | 0.27x | 1.94x | CA$-3.83 Million |
Industry Comparison
This section compares Tuktu Resources Ltd.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $138,025,772
- Average return on equity (ROE) among peers: -9.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tuktu Resources Ltd. (TUK) | CA$10.32 Million | 0.00% | 1.05x | $3.21 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.21 Billion | -1.70% | 0.91x | $1.14 Billion |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $190.03 Million |
| Bison Gold Resources Inc (BGE) | $899.62K | -107.98% | 0.20x | $178.53K |
| Capitan Investment Ltd (CAI) | $8.61 Million | -19.92% | 0.13x | $283.50K |
| Canada Energy Partners Inc (CE-H) | $-617.75K | 0.00% | 0.00x | $99.62K |
| Benchmark Metals Inc (CEI) | $97.08 Million | -11.50% | 0.17x | $143.60 Million |
| Columbus Energy Limited (CEL-H) | $-587.57K | 0.00% | 0.00x | $456.61K |
| Criterium Energy Ltd. (CEQ) | $109.56K | 59.85% | 0.46x | $7.89 Million |
| Cavvy Energy Ltd. (CVVY) | $10.78 Million | -2.67% | 0.18x | $8.09K |
| District Mines Ltd (DIG-H) | $-397.45K | 0.00% | 0.00x | $1.17 Million |