Tan Delta Systems PLC (TAND) - Net Assets

Latest as of June 2025: GBX3.01 Million GBX ≈ $365.87 USD

Based on the latest financial reports, Tan Delta Systems PLC (TAND) has net assets worth GBX3.01 Million GBX (≈ $365.87 USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.23 Million ≈ $393.56 USD) and total liabilities (GBX227.60K ≈ $27.69 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 debt load of Tan Delta Systems PLC for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX3.01 Million
% of Total Assets	92.96%
Annual Growth Rate	111.09%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	373.45

Tan Delta Systems PLC - Net Assets Trend (2020–2024)

This chart illustrates how Tan Delta Systems PLC's net assets have evolved over time, based on quarterly financial data. Also explore TAND total asset value for the complete picture of this company's asset base.

Annual Net Assets for Tan Delta Systems PLC (2020–2024)

The table below shows the annual net assets of Tan Delta Systems PLC from 2020 to 2024. For live valuation and market cap data, see TAND market cap overview.

Year	Net Assets	Change
2024-12-31	GBX3.79 Million ≈ $461.37	-22.97%
2023-12-31	GBX4.92 Million ≈ $598.96	+892.50%
2022-12-31	GBX496.00K ≈ $60.35	+131.78%
2021-12-31	GBX214.00K ≈ $26.04	+12.04%
2020-12-31	GBX191.00K ≈ $23.24	--

Equity Component Analysis

This analysis shows how different components contribute to Tan Delta Systems PLC'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 38944800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	GBX73.22K	1.93%
Other Components	GBX5.48 Million	144.57%
Total Equity	GBX3.79 Million	100.00%

Tan Delta Systems PLC Competitors by Market Cap

The table below lists competitors of Tan Delta Systems PLC ranked by their market capitalization.

Company	Market Cap
Wyld Networks AB ST:WYLD	$282.19K
Lytus Technologies Holdings PTV. Ltd. Common Shares NASDAQ:LYT	$283.11K
Annum Bhd KLSE:5082	$285.59K
Parkmead Group PLC LSE:PMG	$285.83K
Sejahtera Bintang Abadi Textile Tbk JK:SBAT	$278.51K
Groupimo SA PA:ALIMO	$278.43K
PCI Biotech Holding ASA OL:PCIB	$274.95K
Virpax Pharmaceuticals Inc NASDAQ:VRPX	$273.35K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tan Delta Systems PLC's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 4,922,789 to 3,791,974, a change of -1,130,815 (-23.0%).
Net loss of 1,167,720 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	GBX-1.17 Million	-30.79%
Other Changes	GBX36.91K	+0.97%
Total Change	GBX-	-22.97%

Book Value vs Market Value Analysis

This analysis compares Tan Delta Systems PLC'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: 608.27x
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 decreased from 12076.18x to 608.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-12-31	GBX0.00	GBX31.50	x
2021-12-31	GBX0.00	GBX31.50	x
2022-12-31	GBX0.01	GBX31.50	x
2023-12-31	GBX0.08	GBX31.50	x
2024-12-31	GBX0.05	GBX31.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tan Delta Systems PLC 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): -30.79%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -96.08%
• Asset Turnover: 0.28x
• Equity Multiplier: 1.15x
Recent ROE (-30.79%) is below the historical average (6.79%), 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	19.37%	3.53%	1.63x	3.36x	GBX17.90K
2021	10.75%	2.25%	1.42x	3.37x	GBX1.60K
2022	56.95%	17.93%	1.50x	2.12x	GBX232.86K
2023	-22.35%	-75.49%	0.27x	1.11x	GBX-1.59 Million
2024	-30.79%	-96.08%	0.28x	1.15x	GBX-1.55 Million

Industry Comparison

This section compares Tan Delta Systems PLC's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

Industry: Oil & Gas Equipment & Services
Average net assets among peers: $85,529,948
Average return on equity (ROE) among peers: 5.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tan Delta Systems PLC (TAND)	GBX3.01 Million	19.37%	0.08x	$280.64K
Ashtead Technology Holdings PLC (AT)	$61.13 Million	4.14%	0.62x	$4.54 Million
Gulf Marine Services PLC (GMS)	$382.70 Million	9.92%	0.79x	$2.72 Million
Getech Group (GTC)	$10.21 Million	17.76%	0.72x	$33.86K
Hunting PLC (HTG)	$31.17 Million	-1.05%	0.50x	$9.44 Million
Enteq Upstream (NTQ)	$23.57 Million	-2.56%	0.14x	$6.19K
Thalassa Holdings Ltd (THAL)	$4.40 Million	2.18%	0.15x	$45.60K

About Tan Delta Systems PLC

LSE:TAND UK Oil & Gas Equipment & Services

Market Cap

$280.64K

GBX2.31 Billion GBX

Market Cap Rank

#30737 Global

#983 in UK

Share Price

GBX31.50

Change (1 day)

+0.00%

52-Week Range

GBX17.50 - GBX47.00

All Time High

GBX47.00