TrueCar Inc (TRUE) - Net Assets
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. Check TrueCar Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore TrueCar Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for TrueCar Inc (2012–2024)
The table below shows the annual net assets of TrueCar Inc from 2012 to 2024. For live valuation and market cap data, see TrueCar Inc (TRUE) market capitalisation.
| 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 |
|---|---|
|
Hong Pu Real Estate Development Co Ltd
TW:2536
|
$225.96 Million |
|
Advanced Information Technology Public Company Limited
BK:AIT
|
$226.03 Million |
|
St Augustine Gold and Copper Ltd
TO:SAU
|
$226.09 Million |
|
Junee Limited Ordinary Shares
NASDAQ:JUNE
|
$226.20 Million |
|
Eco Atlantic Oil & Gas Ltd
V:EOG
|
$225.81 Million |
|
Apcotex Industries Limited
NSE:APCOTEXIND
|
$225.62 Million |
|
UEM Edgenta Bhd
KLSE:1368
|
$225.50 Million |
|
Amplify Energy Corp
NYSE:AMPY
|
$225.45 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: $4,720,440,688
- Average return on equity (ROE) among peers: -6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TrueCar Inc (TRUE) | $114.18 Million | -75.86% | 0.30x | $225.91 Million |
| Calibre (ALWIN) | $9.89 Million | -68.49% | 2.74x | $11.23 Million |
| ANGI Homeservices Inc (ANGI) | $-22.17 Million | 0.00% | 0.00x | $306.40 Million |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $123.41 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.20 Billion |
| Baidu Inc (BIDU) | $8.41 Billion | 41.94% | 0.31x | $35.02 Billion |
| Bilibili Inc (BILI) | $15.24 Billion | -49.26% | 1.74x | $7.20 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $540.03 Million |
| The Beachbody Company, Inc. (BODI) | $87.40 Million | 36.95% | 2.33x | $62.80 Million |
| Kanzhun Ltd ADR (BZ) | $14.96 Billion | 10.59% | 0.29x | $5.37 Billion |
| BuzzFeed Inc (BZFD) | $106.94 Million | -9.44% | 1.07x | $28.12 Million |
About 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