TrueCar Inc
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. The company operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. It also provides TrueCar Access, which offer… Read more
TrueCar Inc (TRUE) - Net Assets
Latest net assets as of September 2025: $114.18 Million USD
Based on the latest financial reports, TrueCar Inc (TRUE) has net assets worth $114.18 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($148.69 Million) and total liabilities ($34.51 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 | $114.18 Million |
| % of Total Assets | 76.79% |
| Annual Growth Rate | 1.55% |
| 5-Year Change | -69.14% |
| 10-Year Change | -49.23% |
| Growth Volatility | 40.16 |
TrueCar Inc - Net Assets Trend (2012–2024)
This chart illustrates how TrueCar Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TrueCar Inc (2012–2024)
The table below shows the annual net assets of TrueCar Inc from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $118.14 Million | -26.26% |
| 2023-12-31 | $160.22 Million | -18.78% |
| 2022-12-31 | $197.27 Million | -40.18% |
| 2021-12-31 | $329.79 Million | -13.84% |
| 2020-12-31 | $382.78 Million | +16.96% |
| 2019-12-31 | $327.27 Million | -5.56% |
| 2018-12-31 | $346.55 Million | +10.68% |
| 2017-12-31 | $313.12 Million | +39.42% |
| 2016-12-31 | $224.58 Million | -3.49% |
| 2015-12-31 | $232.69 Million | -6.62% |
| 2014-12-31 | $249.20 Million | +122.14% |
| 2013-12-31 | $112.18 Million | +14.24% |
| 2012-12-31 | $98.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TrueCar 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 45584200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.00K | 0.01% |
| Other Components | $711.47 Million | 602.24% |
| Total Equity | $118.14 Million | 100.00% |
TrueCar Inc Competitors by Market Cap
The table below lists competitors of TrueCar Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perma-Fix Environmental Services Inc
F:PFX1
|
$192.12 Million |
|
Dentium
KO:145720
|
$192.13 Million |
|
Indigo Paints Limited
NSE:INDIGOPNTS
|
$192.13 Million |
|
United Arrows Ltd.
PINK:UTDAY
|
$192.13 Million |
|
AKR CORPORINDO (RK6A.SG)
STU:RK6A
|
$191.99 Million |
|
Aurora Design PCL
BK:AURA
|
$191.95 Million |
|
High Tide Inc
NASDAQ:HITI
|
$191.93 Million |
|
Knowit AB
LSE:0GNK
|
$191.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TrueCar Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 160,215,000 to 118,137,000, a change of -42,078,000 (-26.3%).
- Net loss of 31,048,000 reduced equity.
- Share repurchases of 20,091,000 reduced equity.
- Other factors increased equity by 9,061,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.05 Million | -26.28% |
| Share Repurchases | $20.09 Million | -17.01% |
| Other Changes | $9.06 Million | +7.67% |
| Total Change | $- | -26.26% |
Book Value vs Market Value Analysis
This analysis compares TrueCar 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
- Current price-to-book ratio: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.63x to 1.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $1.56 | $2.54 | x |
| 2013-12-31 | $1.78 | $2.54 | x |
| 2014-12-31 | $3.52 | $2.54 | x |
| 2015-12-31 | $2.84 | $2.54 | x |
| 2016-12-31 | $2.66 | $2.54 | x |
| 2017-12-31 | $3.30 | $2.54 | x |
| 2018-12-31 | $3.39 | $2.54 | x |
| 2019-12-31 | $3.09 | $2.54 | x |
| 2020-12-31 | $3.60 | $2.54 | x |
| 2021-12-31 | $3.39 | $2.54 | x |
| 2022-12-31 | $2.16 | $2.54 | x |
| 2023-12-31 | $1.78 | $2.54 | x |
| 2024-12-31 | $1.31 | $2.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TrueCar 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): -26.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.68%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.35x
- Recent ROE (-26.28%) is below the historical average (-23.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -75.86% | -93.25% | 0.55x | 1.48x | $-84.31 Million |
| 2013 | -22.34% | -18.70% | 0.77x | 1.56x | $-36.27 Million |
| 2014 | -19.43% | -23.44% | 0.70x | 1.19x | $-73.35 Million |
| 2015 | -27.90% | -24.98% | 0.86x | 1.30x | $-88.18 Million |
| 2016 | -18.57% | -15.03% | 0.94x | 1.31x | $-64.17 Million |
| 2017 | -10.49% | -10.17% | 0.84x | 1.23x | $-64.16 Million |
| 2018 | -8.17% | -8.01% | 0.84x | 1.21x | $-62.98 Million |
| 2019 | -16.77% | -16.38% | 0.79x | 1.29x | $-87.62 Million |
| 2020 | 20.00% | 27.47% | 0.61x | 1.20x | $38.27 Million |
| 2021 | -11.62% | -16.54% | 0.60x | 1.18x | $-71.31 Million |
| 2022 | -60.16% | -73.48% | 0.64x | 1.28x | $-138.41 Million |
| 2023 | -31.06% | -31.36% | 0.78x | 1.28x | $-65.79 Million |
| 2024 | -26.28% | -17.68% | 1.10x | 1.35x | $-42.86 Million |
Industry Comparison
This section compares TrueCar Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TrueCar Inc (TRUE) | $114.18 Million | -75.86% | 0.30x | $192.11 Million |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |