Tower Resources Ltd (TWR) - Net Assets
Based on the latest financial reports, Tower Resources Ltd (TWR) has net assets worth CA$8.97 Million CAD (≈ $6.49 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.53 Million ≈ $6.89 Million USD) and total liabilities (CA$560.64K ≈ $405.56K 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 Tower Resources Ltd (TWR) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$8.97 Million |
| % of Total Assets | 94.12% |
| Annual Growth Rate | 20.93% |
| 5-Year Change | 35.58% |
| 10-Year Change | 284.92% |
| Growth Volatility | 174.74 |
Tower Resources Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Tower Resources Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Tower Resources Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Tower Resources Ltd (2001–2025)
The table below shows the annual net assets of Tower Resources Ltd from 2001 to 2025. For live valuation and market cap data, see TWR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$8.97 Million ≈ $6.49 Million |
-2.23% |
| 2024-10-31 | CA$9.17 Million ≈ $6.64 Million |
+7.98% |
| 2023-10-31 | CA$8.50 Million ≈ $6.15 Million |
+10.61% |
| 2022-10-31 | CA$7.68 Million ≈ $5.56 Million |
+16.10% |
| 2021-10-31 | CA$6.62 Million ≈ $4.79 Million |
+31.80% |
| 2020-10-31 | CA$5.02 Million ≈ $3.63 Million |
+5.36% |
| 2019-10-31 | CA$4.76 Million ≈ $3.45 Million |
-1.87% |
| 2018-10-31 | CA$4.85 Million ≈ $3.51 Million |
-8.24% |
| 2017-10-31 | CA$5.29 Million ≈ $3.83 Million |
+127.06% |
| 2016-10-31 | CA$2.33 Million ≈ $1.69 Million |
-41.80% |
| 2015-10-31 | CA$4.00 Million ≈ $2.90 Million |
-6.16% |
| 2014-10-31 | CA$4.27 Million ≈ $3.09 Million |
-6.50% |
| 2013-10-31 | CA$4.56 Million ≈ $3.30 Million |
+33.44% |
| 2012-10-31 | CA$3.42 Million ≈ $2.47 Million |
+56.81% |
| 2011-10-31 | CA$2.18 Million ≈ $1.58 Million |
+92.91% |
| 2010-10-31 | CA$1.13 Million ≈ $817.79K |
+21.97% |
| 2009-10-31 | CA$926.85K ≈ $670.47K |
-18.74% |
| 2008-10-31 | CA$1.14 Million ≈ $825.07K |
-37.84% |
| 2007-10-31 | CA$1.83 Million ≈ $1.33 Million |
-15.65% |
| 2006-10-31 | CA$2.18 Million ≈ $1.57 Million |
+47.69% |
| 2005-10-31 | CA$1.47 Million ≈ $1.07 Million |
+643.55% |
| 2004-10-31 | CA$198.09K ≈ $143.30K |
+669.04% |
| 2003-10-31 | CA$-34.81K ≈ $-25.18K |
-105.52% |
| 2002-10-31 | CA$630.43K ≈ $456.04K |
+572.53% |
| 2001-10-31 | CA$93.74K ≈ $67.81K |
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Equity Component Analysis
This analysis shows how different components contribute to Tower 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 1604533400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$27.36 Million | 305.04% |
| Total Equity | CA$8.97 Million | 100.00% |
Tower Resources Ltd Competitors by Market Cap
The table below lists competitors of Tower Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E-Home Household Service Holdings Ltd
NASDAQ:EJH
|
$20.07 Million |
|
Rocketdna Ltd
AU:RKT
|
$20.09 Million |
|
M VEST WATER NK-00227652
F:7YA
|
$20.12 Million |
|
Maral Overseas Limited
NSE:MARALOVER
|
$20.12 Million |
|
Digicontent Limited
NSE:DGCONTENT
|
$20.05 Million |
|
Algorae Pharmaceuticals Ltd
AU:1AI
|
$20.04 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
$20.04 Million |
|
Energoaparatura S.A.
WAR:ENP
|
$20.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tower Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,173,914 to 8,969,555, a change of -204,359 (-2.2%).
- Net loss of 3,195,729 reduced equity.
- New share issuances of 2,957,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.20 Million | -35.63% |
| Share Issuances | CA$2.96 Million | +32.97% |
| Other Changes | CA$34.37K | +0.38% |
| Total Change | CA$- | -2.23% |
Book Value vs Market Value Analysis
This analysis compares Tower 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: 3.06x
- 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 1.85x to 3.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-10-31 | CA$0.09 | CA$0.16 | x |
| 2002-10-31 | CA$0.27 | CA$0.16 | x |
| 2003-10-31 | CA$-0.01 | CA$0.16 | x |
| 2004-10-31 | CA$0.05 | CA$0.16 | x |
| 2005-10-31 | CA$0.31 | CA$0.16 | x |
| 2006-10-31 | CA$0.35 | CA$0.16 | x |
| 2007-10-31 | CA$0.27 | CA$0.16 | x |
| 2008-10-31 | CA$0.17 | CA$0.16 | x |
| 2009-10-31 | CA$0.14 | CA$0.16 | x |
| 2010-10-31 | CA$0.09 | CA$0.16 | x |
| 2011-10-31 | CA$0.10 | CA$0.16 | x |
| 2012-10-31 | CA$0.13 | CA$0.16 | x |
| 2013-10-31 | CA$0.14 | CA$0.16 | x |
| 2014-10-31 | CA$0.10 | CA$0.16 | x |
| 2015-10-31 | CA$0.08 | CA$0.16 | x |
| 2016-10-31 | CA$0.05 | CA$0.16 | x |
| 2017-10-31 | CA$0.07 | CA$0.16 | x |
| 2018-10-31 | CA$0.05 | CA$0.16 | x |
| 2019-10-31 | CA$0.05 | CA$0.16 | x |
| 2020-10-31 | CA$0.05 | CA$0.16 | x |
| 2021-10-31 | CA$0.05 | CA$0.16 | x |
| 2022-10-31 | CA$0.06 | CA$0.16 | x |
| 2023-10-31 | CA$0.06 | CA$0.16 | x |
| 2024-10-31 | CA$0.06 | CA$0.16 | x |
| 2025-10-31 | CA$0.05 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tower Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -35.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-35.63%) is below the historical average (-33.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -98.72% | 0.00% | 0.00x | 2.40x | CA$-101.92K |
| 2002 | -51.17% | 0.00% | 0.00x | 1.59x | CA$-385.61K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-1.11 Million |
| 2004 | -126.18% | 0.00% | 0.00x | 1.54x | CA$-269.78K |
| 2005 | -38.21% | 0.00% | 0.00x | 1.14x | CA$-710.16K |
| 2006 | -17.13% | 0.00% | 0.00x | 1.09x | CA$-590.13K |
| 2007 | -25.06% | 0.00% | 0.00x | 1.04x | CA$-643.36K |
| 2008 | -23.70% | 0.00% | 0.00x | 1.05x | CA$-384.35K |
| 2009 | -26.35% | 0.00% | 0.00x | 1.06x | CA$-336.92K |
| 2010 | -116.67% | 0.00% | 0.00x | 1.06x | CA$-1.43 Million |
| 2011 | -19.24% | 0.00% | 0.00x | 1.05x | CA$-637.65K |
| 2012 | -23.02% | 0.00% | 0.00x | 1.07x | CA$-1.13 Million |
| 2013 | -6.76% | 0.00% | 0.00x | 1.06x | CA$-765.00K |
| 2014 | -26.05% | 0.00% | 0.00x | 1.03x | CA$-1.54 Million |
| 2015 | -8.22% | 0.00% | 0.00x | 1.01x | CA$-729.37K |
| 2016 | -124.46% | 0.00% | 0.00x | 1.19x | CA$-3.13 Million |
| 2017 | -12.52% | 0.00% | 0.00x | 1.02x | CA$-1.19 Million |
| 2018 | -20.03% | 0.00% | 0.00x | 1.01x | CA$-1.46 Million |
| 2019 | -14.40% | 0.00% | 0.00x | 1.01x | CA$-1.16 Million |
| 2020 | -8.78% | 0.00% | 0.00x | 1.04x | CA$-942.40K |
| 2021 | -1.18% | 0.00% | 0.00x | 1.08x | CA$-739.77K |
| 2022 | -4.59% | 0.00% | 0.00x | 1.06x | CA$-1.12 Million |
| 2023 | -3.06% | 0.00% | 0.00x | 1.03x | CA$-1.11 Million |
| 2024 | -4.49% | 0.00% | 0.00x | 1.04x | CA$-1.33 Million |
| 2025 | -35.63% | 0.00% | 0.00x | 1.06x | CA$-4.09 Million |
Industry Comparison
This section compares Tower Resources Ltd'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 |
|---|---|---|---|---|
| Tower Resources Ltd (TWR) | CA$8.97 Million | -98.72% | 0.06x | $20.06 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 Tower Resources Ltd
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties. The company primarily explores gold, silver, and copper deposits. It holds a portfolio of projects located in British Columbia, Canada. The company was formerly known as Tower Energy Ltd. and changed its name to Tower Resources Ltd. in September 2011. The company was incorporated in 1988 and is hea… Read more