TUGA INNOVATIONS INC. (DQ5) - Net Assets
Based on the latest financial reports, TUGA INNOVATIONS INC. (DQ5) has net assets worth €-1.76 Million EUR (≈ $-2.06 Million USD) as of April 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€54.39K ≈ $63.59K USD) and total liabilities (€1.82 Million ≈ $2.12 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. Read TUGA INNOVATIONS INC. debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-1.76 Million |
| % of Total Assets | -3240.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 158.58 |
TUGA INNOVATIONS INC. - Net Assets Trend (2021–2024)
This chart illustrates how TUGA INNOVATIONS INC.'s net assets have evolved over time, based on quarterly financial data. Also explore TUGA INNOVATIONS INC. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for TUGA INNOVATIONS INC. (2021–2024)
The table below shows the annual net assets of TUGA INNOVATIONS INC. from 2021 to 2024. For live valuation and market cap data, see TUGA INNOVATIONS INC. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | €-1.41 Million ≈ $-1.65 Million |
-85.96% |
| 2023-07-31 | €-758.11K ≈ $-886.31K |
-187.81% |
| 2022-07-31 | €863.32K ≈ $1.01 Million |
+129.35% |
| 2021-07-31 | €376.41K ≈ $440.07K |
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Equity Component Analysis
This analysis shows how different components contribute to TUGA INNOVATIONS 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 873779800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €7.89 Million | % |
| Total Equity | €-1.41 Million | 100.00% |
TUGA INNOVATIONS INC. Competitors by Market Cap
The table below lists competitors of TUGA INNOVATIONS INC. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Windar Photonics Plc
LSE:WPHO
|
$351.76K |
|
Empresa Distribuidora Electrica Regional SA
BA:EMDE
|
$352.98K |
|
SY PUBLIC UTIL -H- (SH3.SG)
STU:SH3
|
$353.87K |
|
Predator Oil & Gas Holdings Plc
LSE:PRD
|
$353.95K |
|
Fast Finance SA
WAR:FFI
|
$347.46K |
|
Lords Grp Trading Plc
LSE:LORD
|
$346.36K |
|
Pluribus Technologies Corp
V:PLRB
|
$343.46K |
|
Dewhurst
LSE:DWHT
|
$342.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TUGA INNOVATIONS INC.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -758,106 to -1,409,761, a change of -651,655.
- Net loss of 1,150,868 reduced equity.
- New share issuances of 535,000 increased equity.
- Other factors decreased equity by 35,787.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.15 Million | -81.64% |
| Share Issuances | €535.00K | +37.95% |
| Other Changes | €-35.79K | -2.54% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares TUGA INNOVATIONS 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 |
|---|---|---|---|
| 2021-07-31 | €0.01 | €0.00 | x |
| 2022-07-31 | €0.02 | €0.00 | x |
| 2023-07-31 | €-0.02 | €0.00 | x |
| 2024-07-31 | €-0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TUGA INNOVATIONS 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-205.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -148.33% | 0.00% | 0.00x | 1.30x | €-595.98K |
| 2022 | -673.04% | 0.00% | 0.00x | 1.16x | €-5.90 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.70 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.01 Million |
Industry Comparison
This section compares TUGA INNOVATIONS INC.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $46,938,439,405
- Average return on equity (ROE) among peers: -9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TUGA INNOVATIONS INC. (DQ5) | €-1.76 Million | -148.33% | N/A | $347.87K |
| Guangzhou Automobile Group Co. Ltd (02G) | $92.59 Billion | 7.92% | 0.67x | $1.01 Billion |
| Niu Technologies (0O9) | $570.41 Million | -61.19% | 1.08x | $205.33 Million |
| BAIC Motor Corp Ltd (2B5) | $72.63 Billion | 5.62% | 1.66x | $456.78 Million |
| XPENG INC. CL.A DL-00001 (8XP) | $36.33 Billion | -28.56% | 1.32x | $12.46 Billion |
| XPENG INC. SP.ADS/2 CL.A (8XPA) | $31.27 Billion | -18.51% | 1.64x | $12.52 Billion |
| ASTON MART.LA.UADR LS-001 (A5S0) | $752.90 Million | -42.97% | 3.20x | $390.66 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BMW) | $16.15 Billion | 12.06% | 2.81x | $50.66 Billion |
| Bayerische Motoren Werke Aktiengesellschaft (BMW3) | $75.13 Billion | 16.48% | 2.05x | $4.80 Billion |
| China Yuchai International Limited (CYD) | $9.99 Billion | 5.16% | 0.86x | $1.31 Billion |
| Dongfeng Motor Group Company Limited (D4D) | $133.97 Billion | 9.60% | 1.03x | $3.00 Billion |
About TUGA INNOVATIONS INC.
TUGA Innovations, Inc., a development-stage electric vehicle company, engages in the conception, design, and production of specialized electric vehicles in the United States. The company is developing a three-wheeled fully electric fore-and-aft 2 seat commuter vehicle. It intends to offer its vehicles for commuter, delivery, taxi, rental, and ride share markets. TUGA Innovations, Inc. was founded… Read more