Kronos Worldwide Inc
Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company offers TiO2 in two crystalline forms comprising rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty… Read more
Kronos Worldwide Inc (KRO) - Net Assets
Latest net assets as of September 2025: $804.70 Million USD
Based on the latest financial reports, Kronos Worldwide Inc (KRO) has net assets worth $804.70 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 ($1.91 Billion) and total liabilities ($1.10 Billion). 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 | $804.70 Million |
| % of Total Assets | 42.14% |
| Annual Growth Rate | 3.94% |
| 5-Year Change | 2.57% |
| 10-Year Change | 76.88% |
| Growth Volatility | 52.99 |
Kronos Worldwide Inc - Net Assets Trend (1999–2024)
This chart illustrates how Kronos Worldwide 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 Kronos Worldwide Inc (1999–2024)
The table below shows the annual net assets of Kronos Worldwide Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $817.00 Million | +1.08% |
| 2023-12-31 | $808.30 Million | -15.56% |
| 2022-12-31 | $957.20 Million | +10.00% |
| 2021-12-31 | $870.20 Million | +9.25% |
| 2020-12-31 | $796.50 Million | -2.40% |
| 2019-12-31 | $816.10 Million | -2.82% |
| 2018-12-31 | $839.80 Million | +11.34% |
| 2017-12-31 | $754.30 Million | +90.96% |
| 2016-12-31 | $395.00 Million | -14.48% |
| 2015-12-31 | $461.90 Million | -40.87% |
| 2014-12-31 | $781.10 Million | -16.47% |
| 2013-12-31 | $935.10 Million | -11.96% |
| 2012-12-31 | $1.06 Billion | +14.91% |
| 2011-12-31 | $924.30 Million | +21.43% |
| 2010-12-31 | $761.20 Million | +143.58% |
| 2009-12-31 | $312.50 Million | -1.70% |
| 2008-12-31 | $317.90 Million | -22.65% |
| 2007-12-31 | $411.00 Million | -8.35% |
| 2006-12-31 | $448.44 Million | +9.36% |
| 2005-12-31 | $410.06 Million | -12.92% |
| 2004-12-31 | $470.92 Million | +194.55% |
| 2003-12-31 | $159.88 Million | -49.36% |
| 2002-12-31 | $315.70 Million | -16.59% |
| 2001-12-31 | $378.50 Million | +9.20% |
| 2000-12-31 | $346.60 Million | +11.48% |
| 1999-12-31 | $310.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kronos Worldwide 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 21100000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.20 Million | 0.15% |
| Other Comprehensive Income | $-363.50 Million | -44.49% |
| Other Components | $1.39 Billion | 170.17% |
| Total Equity | $817.00 Million | 100.00% |
Kronos Worldwide Inc Competitors by Market Cap
The table below lists competitors of Kronos Worldwide Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aeroflex Industries Limited
NSE:AEROFLEX
|
$117.91 Million |
|
BenQ Materials Corp
TW:8215
|
$117.96 Million |
|
Traeger Inc
NYSE:COOK
|
$117.97 Million |
|
Jay Mart Public Company Limited
BK:JMART
|
$117.98 Million |
|
Grupo Minsa S.A.B. de C.V
MX:MINSAB
|
$117.84 Million |
|
Spero Therapeutics Inc
NASDAQ:SPRO
|
$117.83 Million |
|
IGPTF
PINK:IGPTF
|
$117.76 Million |
|
Hoteles City Express S.A.B. de C.V
PINK:HOCXF
|
$117.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kronos Worldwide Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 808,300,000 to 817,000,000, a change of 8,700,000 (1.1%).
- Net income of 86,200,000 contributed positively to equity growth.
- Dividend payments of 55,200,000 reduced retained earnings.
- Other comprehensive income decreased equity by 22,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $86.20 Million | +10.55% |
| Dividends Paid | $55.20 Million | -6.76% |
| Other Comprehensive Income | $-22.40 Million | -2.74% |
| Other Changes | $100.00K | +0.01% |
| Total Change | $- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares Kronos Worldwide 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: 0.77x
- 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 decreased from 1.73x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $3.17 | $5.48 | x |
| 2000-12-31 | $3.54 | $5.48 | x |
| 2001-12-31 | $3.87 | $5.48 | x |
| 2002-12-31 | $3.23 | $5.48 | x |
| 2003-12-31 | $1.65 | $5.48 | x |
| 2004-12-31 | $4.81 | $5.48 | x |
| 2005-12-31 | $4.18 | $5.48 | x |
| 2006-12-31 | $4.58 | $5.48 | x |
| 2007-12-31 | $4.19 | $5.48 | x |
| 2008-12-31 | $3.24 | $5.48 | x |
| 2009-12-31 | $3.19 | $5.48 | x |
| 2010-12-31 | $7.55 | $5.48 | x |
| 2011-12-31 | $7.97 | $5.48 | x |
| 2012-12-31 | $9.16 | $5.48 | x |
| 2013-12-31 | $8.07 | $5.48 | x |
| 2014-12-31 | $6.74 | $5.48 | x |
| 2015-12-31 | $3.99 | $5.48 | x |
| 2016-12-31 | $3.41 | $5.48 | x |
| 2017-12-31 | $6.51 | $5.48 | x |
| 2018-12-31 | $7.25 | $5.48 | x |
| 2019-12-31 | $7.05 | $5.48 | x |
| 2020-12-31 | $6.89 | $5.48 | x |
| 2021-12-31 | $7.53 | $5.48 | x |
| 2022-12-31 | $8.29 | $5.48 | x |
| 2023-12-31 | $7.02 | $5.48 | x |
| 2024-12-31 | $7.10 | $5.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kronos Worldwide 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): 10.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.57%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.34x
- Recent ROE (10.55%) is below the historical average (16.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 40.50% | 13.86% | 0.93x | 3.13x | $94.81 Million |
| 2000 | 37.56% | 14.12% | 1.03x | 2.58x | $95.54 Million |
| 2001 | 40.82% | 18.50% | 0.92x | 2.40x | $116.65 Million |
| 2002 | 21.03% | 7.59% | 0.89x | 3.13x | $34.83 Million |
| 2003 | 54.94% | 8.68% | 0.90x | 7.04x | $71.61 Million |
| 2004 | 66.87% | 27.90% | 0.83x | 2.87x | $267.77 Million |
| 2005 | 17.32% | 5.93% | 0.92x | 3.17x | $30.01 Million |
| 2006 | 18.28% | 6.41% | 0.90x | 3.17x | $37.13 Million |
| 2007 | -16.23% | -5.09% | 0.90x | 3.54x | $-107.80 Million |
| 2008 | 2.83% | 0.68% | 0.97x | 4.27x | $-22.79 Million |
| 2009 | -11.10% | -3.04% | 0.86x | 4.24x | $-65.95 Million |
| 2010 | 17.16% | 9.01% | 0.85x | 2.24x | $54.48 Million |
| 2011 | 34.73% | 16.52% | 1.07x | 1.97x | $228.57 Million |
| 2012 | 20.57% | 11.06% | 0.97x | 1.91x | $112.29 Million |
| 2013 | -10.91% | -5.89% | 1.07x | 1.73x | $-195.51 Million |
| 2014 | 12.70% | 6.01% | 1.01x | 2.10x | $21.09 Million |
| 2015 | -37.58% | -12.87% | 1.09x | 2.69x | $-219.79 Million |
| 2016 | 10.96% | 3.17% | 1.16x | 2.99x | $3.80 Million |
| 2017 | 47.00% | 20.50% | 0.95x | 2.42x | $279.07 Million |
| 2018 | 24.41% | 12.34% | 0.88x | 2.26x | $121.02 Million |
| 2019 | 10.67% | 5.03% | 0.88x | 2.41x | $5.49 Million |
| 2020 | 8.02% | 3.90% | 0.80x | 2.56x | $-15.75 Million |
| 2021 | 12.97% | 5.82% | 0.96x | 2.31x | $25.88 Million |
| 2022 | 10.92% | 5.41% | 1.00x | 2.02x | $8.78 Million |
| 2023 | -6.07% | -2.95% | 0.91x | 2.27x | $-129.93 Million |
| 2024 | 10.55% | 4.57% | 0.99x | 2.34x | $4.50 Million |
Industry Comparison
This section compares Kronos Worldwide Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kronos Worldwide Inc (KRO) | $804.70 Million | 40.50% | 1.37x | $117.88 Million |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |