Tribe Technology PLC
Tribe Technology PLC is a holding company that through its subsidiary develops, manufactures, and sells autonomous mining equipment in Australia and Northern Ireland. It offers autonomous reverse circulation (RC) drill rigs and autonomous sampling systems. The company was formerly known as Tribe Technology Northern Ireland PLC and changed its name to Tribe Technology PLC in April 2023. The compan… Read more
Tribe Technology PLC (TRYB) - Net Assets
Latest net assets as of December 2023: GBX1.10 Million GBX
Based on the latest financial reports, Tribe Technology PLC (TRYB) has net assets worth GBX1.10 Million GBX as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX7.97 Million) and total liabilities (GBX6.87 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.10 Million |
| % of Total Assets | 13.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Tribe Technology PLC - Net Assets Trend (2021–2023)
This chart illustrates how Tribe Technology PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tribe Technology PLC (2021–2023)
The table below shows the annual net assets of Tribe Technology PLC from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | GBX-1.75 Million | -73.66% |
| 2022-06-30 | GBX-1.01 Million | -21.10% |
| 2021-06-30 | GBX-834.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tribe Technology 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 500800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | GBX3.24 Million | % |
| Other Components | GBX837.00K | % |
| Total Equity | GBX-1.75 Million | 100.00% |
Tribe Technology PLC Competitors by Market Cap
The table below lists competitors of Tribe Technology PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CUTIX PLC
XNSA:CUTIX
|
$22.06 |
|
Mymetics Corp
PINK:MYMX
|
$22.08 |
|
Affymax Inc.
PINK:AFFY
|
$22.12 |
|
Bakrieland Development Tbk
JK:ELTY
|
$22.18 |
|
JAPAUL OIL & MARITIME SERVICES PLC
XNSA:JAPAULGOLD
|
$22.00 |
|
BC Craft Supply Co. Ltd
PINK:CRFTF
|
$22.00 |
|
Buyer Group International Inc
PINK:BYRG
|
$21.36 |
|
Paragon Shipping Inc
PINK:PRGNF
|
$21.34 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tribe Technology PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -1,010,000 to -1,754,000, a change of -744,000.
- Net loss of 3,276,000 reduced equity.
- Other comprehensive income increased equity by 1,626,000.
- Other factors increased equity by 906,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.28 Million | -186.77% |
| Other Comprehensive Income | GBX1.63 Million | +92.7% |
| Other Changes | GBX906.00K | +51.65% |
| Total Change | GBX- | % |
Book Value vs Market Value Analysis
This analysis compares Tribe Technology 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | GBX0.00 | GBX0.08 | x |
| 2022-06-30 | GBX0.00 | GBX0.08 | x |
| 2023-06-30 | GBX-0.01 | GBX0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tribe Technology 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8190.00%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-919.60K |
| 2022 | 0.00% | -86600.00% | 0.00x | 0.00x | GBX-1.63 Million |
| 2023 | 0.00% | -8190.00% | 0.01x | 0.00x | GBX-3.10 Million |
Industry Comparison
This section compares Tribe Technology PLC's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $28,273,483
- Average return on equity (ROE) among peers: 19.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tribe Technology PLC (TRYB) | GBX1.10 Million | 0.00% | 6.24x | $22.04 |
| Somero Enterprise Inc (SOM) | $28.27 Million | 19.03% | 0.98x | $14.27K |