TVI Pacific Inc (TVI) - Net Assets
Based on the latest financial reports, TVI Pacific Inc (TVI) has net assets worth CA$46.99 Million CAD (≈ $34.00 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$52.80 Million ≈ $38.20 Million USD) and total liabilities (CA$5.81 Million ≈ $4.20 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 TVI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$46.99 Million |
| % of Total Assets | 89.0% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | 43.91% |
| 10-Year Change | 29.73% |
| Growth Volatility | 189.51 |
TVI Pacific Inc - Net Assets Trend (1993–2024)
This chart illustrates how TVI Pacific Inc's net assets have evolved over time, based on quarterly financial data. Also explore TVI total assets for the complete picture of this company's asset base.
Annual Net Assets for TVI Pacific Inc (1993–2024)
The table below shows the annual net assets of TVI Pacific Inc from 1993 to 2024. For live valuation and market cap data, see market value of TVI Pacific Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$23.38 Million ≈ $16.91 Million |
+23.79% |
| 2023-12-31 | CA$18.88 Million ≈ $13.66 Million |
-28.42% |
| 2022-12-31 | CA$26.38 Million ≈ $19.08 Million |
-2.31% |
| 2021-12-31 | CA$27.01 Million ≈ $19.54 Million |
+66.26% |
| 2020-12-31 | CA$16.24 Million ≈ $11.75 Million |
+13.29% |
| 2019-12-31 | CA$14.34 Million ≈ $10.37 Million |
-19.70% |
| 2018-12-31 | CA$17.86 Million ≈ $12.92 Million |
+44.69% |
| 2017-12-31 | CA$12.34 Million ≈ $8.93 Million |
-12.49% |
| 2016-12-31 | CA$14.10 Million ≈ $10.20 Million |
-21.74% |
| 2015-12-31 | CA$18.02 Million ≈ $13.03 Million |
-13.13% |
| 2014-12-31 | CA$20.74 Million ≈ $15.00 Million |
-18.61% |
| 2013-12-31 | CA$25.49 Million ≈ $18.44 Million |
-43.30% |
| 2012-12-31 | CA$44.94 Million ≈ $32.51 Million |
+9.51% |
| 2011-12-31 | CA$41.04 Million ≈ $29.69 Million |
+38.67% |
| 2010-12-31 | CA$29.60 Million ≈ $21.41 Million |
+90.49% |
| 2009-12-31 | CA$15.54 Million ≈ $11.24 Million |
+342.88% |
| 2008-12-31 | CA$-6.40 Million ≈ $-4.63 Million |
-292.05% |
| 2007-12-31 | CA$3.33 Million ≈ $2.41 Million |
-77.61% |
| 2006-12-31 | CA$14.88 Million ≈ $10.76 Million |
+42.50% |
| 2005-12-31 | CA$10.44 Million ≈ $7.55 Million |
-2.04% |
| 2004-12-31 | CA$10.66 Million ≈ $7.71 Million |
+7.61% |
| 2003-12-31 | CA$9.91 Million ≈ $7.17 Million |
+107.25% |
| 2002-12-31 | CA$4.78 Million ≈ $3.46 Million |
+885.00% |
| 2001-12-31 | CA$485.21K ≈ $350.99K |
-95.46% |
| 2000-12-31 | CA$10.68 Million ≈ $7.73 Million |
-59.54% |
| 1999-12-31 | CA$26.40 Million ≈ $19.10 Million |
-22.58% |
| 1998-12-31 | CA$34.10 Million ≈ $24.67 Million |
-4.75% |
| 1997-12-31 | CA$35.80 Million ≈ $25.90 Million |
-48.27% |
| 1996-12-31 | CA$69.20 Million ≈ $50.06 Million |
+73.00% |
| 1995-12-31 | CA$40.00 Million ≈ $28.94 Million |
+196.30% |
| 1994-12-31 | CA$13.50 Million ≈ $9.77 Million |
+400.00% |
| 1993-12-31 | CA$2.70 Million ≈ $1.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TVI Pacific 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 1278709700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$37.26 Million | 159.41% |
| Total Equity | CA$23.38 Million | 100.00% |
TVI Pacific Inc Competitors by Market Cap
The table below lists competitors of TVI Pacific Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lotus KFM Bhd
KLSE:8303
|
$29.00 Million |
|
Elgi Rubber Company Limited
NSE:ELGIRUBCO
|
$29.02 Million |
|
Eastern Commercial Leasing Public Company Limited
BK:ECL
|
$29.03 Million |
|
Tysnes Sparebank
OL:TYSB
|
$29.08 Million |
|
Aciselsan Acipayam Seluloz Sanayi Ve Ticaret AS
IS:ACSEL
|
$28.98 Million |
|
Serinus Energy Inc.
WAR:SEN
|
$28.98 Million |
|
The United Nilgiri Tea Estates Company Limited
NSE:UNITEDTEA
|
$28.97 Million |
|
Aimflex Bhd
KLSE:0209
|
$28.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TVI Pacific Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,883,792 to 23,376,377, a change of 4,492,585 (23.8%).
- Net income of 3,163,689 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,766,447.
- Other factors decreased equity by 4,437,551.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$3.16 Million | +13.53% |
| Other Comprehensive Income | CA$5.77 Million | +24.67% |
| Other Changes | CA$-4.44 Million | -18.98% |
| Total Change | CA$- | 23.79% |
Book Value vs Market Value Analysis
This analysis compares TVI Pacific 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: 1.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.41x to 1.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CA$0.14 | CA$0.06 | x |
| 1994-12-31 | CA$0.45 | CA$0.06 | x |
| 1995-12-31 | CA$0.67 | CA$0.06 | x |
| 1996-12-31 | CA$0.77 | CA$0.06 | x |
| 1997-12-31 | CA$0.39 | CA$0.06 | x |
| 1998-12-31 | CA$0.36 | CA$0.06 | x |
| 1999-12-31 | CA$0.27 | CA$0.06 | x |
| 2000-12-31 | CA$0.10 | CA$0.06 | x |
| 2001-12-31 | CA$0.00 | CA$0.06 | x |
| 2002-12-31 | CA$0.02 | CA$0.06 | x |
| 2003-12-31 | CA$0.04 | CA$0.06 | x |
| 2004-12-31 | CA$0.02 | CA$0.06 | x |
| 2005-12-31 | CA$0.03 | CA$0.06 | x |
| 2006-12-31 | CA$0.04 | CA$0.06 | x |
| 2007-12-31 | CA$0.01 | CA$0.06 | x |
| 2008-12-31 | CA$-0.02 | CA$0.06 | x |
| 2009-12-31 | CA$0.03 | CA$0.06 | x |
| 2010-12-31 | CA$0.06 | CA$0.06 | x |
| 2011-12-31 | CA$0.06 | CA$0.06 | x |
| 2012-12-31 | CA$0.07 | CA$0.06 | x |
| 2013-12-31 | CA$0.04 | CA$0.06 | x |
| 2014-12-31 | CA$0.03 | CA$0.06 | x |
| 2015-12-31 | CA$0.03 | CA$0.06 | x |
| 2016-12-31 | CA$0.02 | CA$0.06 | x |
| 2017-12-31 | CA$0.02 | CA$0.06 | x |
| 2018-12-31 | CA$0.03 | CA$0.06 | x |
| 2019-12-31 | CA$0.02 | CA$0.06 | x |
| 2020-12-31 | CA$0.02 | CA$0.06 | x |
| 2021-12-31 | CA$0.04 | CA$0.06 | x |
| 2022-12-31 | CA$0.04 | CA$0.06 | x |
| 2023-12-31 | CA$0.03 | CA$0.06 | x |
| 2024-12-31 | CA$0.03 | CA$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TVI Pacific Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (13.53%) is above the historical average (-341.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -7.41% | -200.00% | 0.02x | 1.67x | CA$-470.00K |
| 1994 | -4.48% | -600.00% | 0.01x | 1.13x | CA$-1.94 Million |
| 1995 | -3.01% | -1200.00% | 0.00x | 1.20x | CA$-5.19 Million |
| 1996 | -2.61% | -1800.00% | 0.00x | 1.06x | CA$-8.69 Million |
| 1997 | -97.18% | -34500.00% | 0.00x | 1.13x | CA$-38.05 Million |
| 1998 | -8.28% | -75.68% | 0.09x | 1.15x | CA$-6.18 Million |
| 1999 | -29.50% | -452.94% | 0.05x | 1.24x | CA$-10.31 Million |
| 2000 | -153.74% | -2054.39% | 0.05x | 1.66x | CA$-16.86 Million |
| 2001 | -10277.45% | -2066.79% | 0.05x | 91.78x | CA$-10.26 Million |
| 2002 | 10.25% | 57.75% | 0.09x | 2.08x | CA$11.13K |
| 2003 | -12.74% | -34.27% | 0.30x | 1.25x | CA$-2.25 Million |
| 2004 | -40.52% | -132.03% | 0.21x | 1.49x | CA$-5.38 Million |
| 2005 | -29.67% | -17.53% | 0.94x | 1.79x | CA$-4.14 Million |
| 2006 | 12.19% | 4.08% | 1.88x | 1.59x | CA$325.52K |
| 2007 | -331.42% | -32.14% | 1.47x | 7.02x | CA$-11.37 Million |
| 2008 | 0.00% | -212.87% | 0.15x | 0.00x | CA$-12.07 Million |
| 2009 | 117.93% | 27.30% | 1.34x | 3.23x | CA$16.77 Million |
| 2010 | 36.35% | 13.63% | 1.48x | 1.81x | CA$7.58 Million |
| 2011 | 7.35% | 3.50% | 1.21x | 1.74x | CA$-1.05 Million |
| 2012 | 12.17% | 6.90% | 1.16x | 1.52x | CA$952.90K |
| 2013 | -56.34% | -29.81% | 1.72x | 1.10x | CA$-16.91 Million |
| 2014 | -29.07% | 0.00% | 0.00x | 1.05x | CA$-8.10 Million |
| 2015 | -28.44% | 0.00% | 0.00x | 1.08x | CA$-6.93 Million |
| 2016 | -20.18% | 0.00% | 0.00x | 1.12x | CA$-4.26 Million |
| 2017 | -5.19% | 0.00% | 0.00x | 1.10x | CA$-1.87 Million |
| 2018 | 28.36% | 0.00% | 0.00x | 1.10x | CA$3.28 Million |
| 2019 | -24.89% | 0.00% | 0.00x | 1.13x | CA$-5.00 Million |
| 2020 | 7.96% | 0.00% | 0.00x | 1.16x | CA$-331.27K |
| 2021 | 48.27% | 0.00% | 0.00x | 1.09x | CA$10.33 Million |
| 2022 | -0.74% | 0.00% | 0.00x | 1.11x | CA$-2.83 Million |
| 2023 | -45.46% | 0.00% | 0.00x | 1.21x | CA$-10.47 Million |
| 2024 | 13.53% | 0.00% | 0.00x | 1.25x | CA$826.05K |
Industry Comparison
This section compares TVI Pacific 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 |
|---|---|---|---|---|
| TVI Pacific Inc (TVI) | CA$46.99 Million | -7.41% | 0.12x | $28.99 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 TVI Pacific Inc
TVI Pacific Inc., a resource company, engages in the evaluation, acquisition, and development of resource projects in the Asia-Pacific region. It primarily explores for gold, silver, copper, zinc, nickel, Iron ore, and limestone deposits in the Philippines. The company was formerly known as TVI Copper Inc. and changed its name to TVI Pacific Inc. in July 1994. TVI Pacific Inc. was incorporated in… Read more