TC Unterhaltungselektronik AG (TCU) - Net Assets
Based on the latest financial reports, TC Unterhaltungselektronik AG (TCU) has net assets worth €180.30K EUR (≈ $210.79K USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.91 Million ≈ $2.23 Million USD) and total liabilities (€1.73 Million ≈ $2.02 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 TCU goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €180.30K |
| % of Total Assets | 9.45% |
| Annual Growth Rate | -12.96% |
| 5-Year Change | -39.74% |
| 10-Year Change | -80.1% |
| Growth Volatility | 59.67 |
TC Unterhaltungselektronik AG - Net Assets Trend (2013–2023)
This chart illustrates how TC Unterhaltungselektronik AG's net assets have evolved over time, based on quarterly financial data. See TC Unterhaltungselektronik AG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TC Unterhaltungselektronik AG (2013–2023)
The table below shows the annual net assets of TC Unterhaltungselektronik AG from 2013 to 2023. For live valuation and market cap data, see TC Unterhaltungselektronik AG market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €100.73K ≈ $117.76K |
-10.14% |
| 2022-12-31 | €112.09K ≈ $131.05K |
-84.01% |
| 2021-12-31 | €700.96K ≈ $819.50K |
+79.15% |
| 2020-12-31 | €391.26K ≈ $457.43K |
+134.08% |
| 2019-12-31 | €167.15K ≈ $195.41K |
+3.00% |
| 2018-12-31 | €162.28K ≈ $189.73K |
-13.29% |
| 2017-12-31 | €187.16K ≈ $218.81K |
-3.93% |
| 2016-12-31 | €194.81K ≈ $227.76K |
+1.16% |
| 2015-12-31 | €192.59K ≈ $225.15K |
-61.95% |
| 2014-12-31 | €506.08K ≈ $591.67K |
+25.42% |
| 2013-12-31 | €403.50K ≈ $471.74K |
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Equity Component Analysis
This analysis shows how different components contribute to TC Unterhaltungselektronik AG'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 30277192.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €3.63 Million | 3605.76% |
| Total Equity | €100.73K | 100.00% |
TC Unterhaltungselektronik AG Competitors by Market Cap
The table below lists competitors of TC Unterhaltungselektronik AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bollinger Innovations, Inc.
NASDAQ:BINI
|
$35.43K |
|
SpaceandPeople Plc
LSE:SAL
|
$35.76K |
|
Adomos SA
PA:ALADO
|
$36.10K |
|
DongBang Medical
KQ:240550
|
$36.35K |
|
Trump Media & Technology Group Corp.
NASDAQ:DJTWW
|
$35.16K |
|
Empyrean Energy Plc
LSE:EME
|
$34.80K |
|
CULLINAN METALS CORP.
F:7KO
|
$34.16K |
|
Sure Ventures PLC
LSE:SURE
|
$33.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TC Unterhaltungselektronik AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 112,092 to 100,728, a change of -11,363 (-10.1%).
- Net loss of 11,363 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-11.36K | -11.28% |
| Other Changes | €-0.00 | -0.0% |
| Total Change | €- | -10.14% |
Book Value vs Market Value Analysis
This analysis compares TC Unterhaltungselektronik AG'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: 0.71x
- 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.
- The price-to-book ratio has increased from 0.38x to 0.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.15 | €0.06 | x |
| 2018-12-31 | €0.13 | €0.06 | x |
| 2019-12-31 | €0.13 | €0.06 | x |
| 2020-12-31 | €0.31 | €0.06 | x |
| 2021-12-31 | €0.55 | €0.06 | x |
| 2022-12-31 | €0.09 | €0.06 | x |
| 2023-12-31 | €0.08 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TC Unterhaltungselektronik AG 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): -11.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.48%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 18.51x
- Recent ROE (-11.28%) is above the historical average (-19.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -17.17% | -7.32% | 0.65x | 3.61x | €-109.64K |
| 2014 | 20.27% | 10.71% | 0.62x | 3.03x | €51.98K |
| 2015 | -162.78% | -35.39% | 0.87x | 5.29x | €-332.76K |
| 2016 | 1.14% | 0.18% | 2.09x | 3.13x | €-17.25K |
| 2017 | -4.09% | -1.03% | 1.19x | 3.34x | €-26.36K |
| 2018 | -15.33% | -3.53% | 1.08x | 4.02x | €-41.11K |
| 2019 | 2.91% | 0.70% | 1.39x | 3.01x | €-11.85K |
| 2020 | 57.28% | 24.59% | 0.44x | 5.25x | €184.99K |
| 2021 | 44.18% | 170.96% | 0.10x | 2.54x | €239.60K |
| 2022 | -133.35% | -62.05% | 0.14x | 15.74x | €-160.68K |
| 2023 | -11.28% | -2.48% | 0.25x | 18.51x | €-21.44K |
Industry Comparison
This section compares TC Unterhaltungselektronik AG's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $1,059,318,632,515
- Average return on equity (ROE) among peers: -0.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TC Unterhaltungselektronik AG (TCU) | €180.30K | -17.17% | 9.58x | $35.20K |
| Xiaomi Corporation (3CP) | $-92.06 Billion | 0.00% | 0.00x | $67.93 Billion |
| artec technologies AG (A6T) | $3.72 Million | -32.30% | 0.06x | $5.95 Million |
| Basler Aktiengesellschaft (BSL) | $7.13 Million | 41.75% | 2.34x | $810.28 Million |
| FIH Mobile Limited (FW3) | $1.46 Billion | -1.39% | 1.61x | $78.16 Million |
| SKYWORTH GRP UNSP.ADR/30 (KYW0) | $23.06 Billion | 1.54% | 2.32x | $1.51 Billion |
| CABASSE S.A. EO -50 (LB0) | $-1.58 Million | 0.00% | 0.00x | $397.26K |
| LG Display Co. Ltd (LGA) | $8.07 Trillion | -31.74% | 3.07x | $3.64 Billion |
| SHARP CORP. ADR/1 O.N. (SRPB) | $469.27 Billion | 15.77% | 3.17x | $2.11 Billion |
About TC Unterhaltungselektronik AG
TC Unterhaltungselektronik AG is in the process of liquidation of its remaining assets. Previously, the company was engaged in the development of secure data management strategies for its clients, as well as offering consulting services. TC Unterhaltungselektronik AG was founded in 1995 and is based in Koblenz, Germany.