KULR Technology Group Inc (KULR) - Net Assets
Based on the latest financial reports, KULR Technology Group Inc (KULR) has net assets worth $147.96 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 ($156.06 Million) and total liabilities ($8.11 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 KULR Technology Group Inc (KULR) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $147.96 Million |
| % of Total Assets | 94.81% |
| Annual Growth Rate | 87.5% |
| 5-Year Change | 838.59% |
| 10-Year Change | N/A |
| Growth Volatility | 879.76 |
KULR Technology Group Inc - Net Assets Trend (2015–2024)
This chart illustrates how KULR Technology Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore KULR total asset value for the complete picture of this company's asset base.
Annual Net Assets for KULR Technology Group Inc (2015–2024)
The table below shows the annual net assets of KULR Technology Group Inc from 2015 to 2024. For live valuation and market cap data, see KULR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $57.43 Million | +2731.06% |
| 2023-12-31 | $-2.18 Million | -120.80% |
| 2022-12-31 | $10.49 Million | -35.88% |
| 2021-12-31 | $16.37 Million | +167.47% |
| 2020-12-31 | $6.12 Million | +867.73% |
| 2019-12-31 | $-796.97K | -536.87% |
| 2018-12-31 | $-125.14K | -116.92% |
| 2017-12-31 | $739.71K | +2307.82% |
| 2016-12-31 | $30.72K | -84.66% |
| 2015-12-31 | $200.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to KULR Technology Group 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 8380716100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.48K | 0.05% |
| Other Components | $141.21 Million | 245.90% |
| Total Equity | $57.43 Million | 100.00% |
KULR Technology Group Inc Competitors by Market Cap
The table below lists competitors of KULR Technology Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
San Lien Technology
TWO:5493
|
$122.50 Million |
|
Cornish Metals Inc.
V:CUSN
|
$122.51 Million |
|
Chien Shing Harbour Service Co Ltd
TW:8367
|
$122.55 Million |
|
JLK Inc
KQ:322510
|
$122.56 Million |
|
IL Science Co. Ltd
KQ:307180
|
$122.29 Million |
|
Xlife Sciences AG
SW:XLS
|
$122.27 Million |
|
Ace Technologies Corp
KQ:088800
|
$122.13 Million |
|
Adriano Care SOCIMI SAU
MC:YADR
|
$122.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KULR Technology Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,182,696 to 57,427,985, a change of 59,610,681.
- Net loss of 17,523,629 reduced equity.
- Share repurchases of 500,000 reduced equity.
- New share issuances of 71,017,747 increased equity.
- Other factors increased equity by 6,616,563.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.52 Million | -30.51% |
| Share Repurchases | $500.00K | -0.87% |
| Share Issuances | $71.02 Million | +123.66% |
| Other Changes | $6.62 Million | +11.52% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares KULR Technology Group 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: 8.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $2.68 | x |
| 2016-12-31 | $0.00 | $2.68 | x |
| 2017-12-31 | $0.01 | $2.68 | x |
| 2018-12-31 | $0.00 | $2.68 | x |
| 2019-12-31 | $-0.01 | $2.68 | x |
| 2020-12-31 | $0.07 | $2.68 | x |
| 2021-12-31 | $0.17 | $2.68 | x |
| 2022-12-31 | $0.10 | $2.68 | x |
| 2023-12-31 | $-0.02 | $2.68 | x |
| 2024-12-31 | $0.31 | $2.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KULR Technology Group 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): -30.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -163.20%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.10x
- Recent ROE (-30.51%) is above the historical average (-77.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -20441.30% | 0.02x | 0.00x | $-674.19K |
| 2016 | -113.98% | -507.48% | 0.03x | 8.73x | $-38.09K |
| 2017 | -327.77% | -1029.15% | 0.19x | 1.65x | $-2.50 Million |
| 2018 | 0.00% | -161.55% | 2.82x | 0.00x | $-2.05 Million |
| 2019 | 0.00% | -238.73% | 3.51x | 0.00x | $-1.90 Million |
| 2020 | -46.58% | -456.77% | 0.07x | 1.50x | $-3.46 Million |
| 2021 | -72.78% | -493.65% | 0.13x | 1.18x | $-13.55 Million |
| 2022 | -185.22% | -486.56% | 0.17x | 2.25x | $-20.49 Million |
| 2023 | 0.00% | -241.03% | 0.90x | 0.00x | $-23.48 Million |
| 2024 | -30.51% | -163.20% | 0.17x | 1.10x | $-23.27 Million |
Industry Comparison
This section compares KULR Technology Group Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $363,178,227
- Average return on equity (ROE) among peers: 11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KULR Technology Group Inc (KULR) | $147.96 Million | 0.00% | 0.05x | $122.43 Million |
| Allient Inc. (ALNT) | $101.81 Million | 15.64% | 1.80x | $1.08 Billion |
| Amphenol Corporation (APH) | $2.34 Billion | 21.19% | 0.71x | $174.92 Billion |
| Bel Fuse A Inc (BELFA) | $233.12 Million | 8.23% | 1.52x | $541.76 Million |
| Bel Fuse B Inc (BELFB) | $178.46 Million | 13.85% | 0.22x | $2.47 Billion |
| Benchmark Electronics Inc (BHE) | $281.94 Million | 4.25% | 1.70x | $2.22 Billion |
| Cps Technologies (CPSH) | $17.32 Million | 7.91% | 0.25x | $84.99 Million |
| CTS Corporation (CTS) | $310.70 Million | 6.42% | 0.68x | $1.36 Billion |
| Data I/O Corporation (DAIO) | $48.20 Million | 9.54% | 0.29x | $25.54 Million |
| Daktronics Inc (DAKT) | $36.23 Million | 17.18% | 1.00x | $960.33 Million |
| Deswell Industries Inc (DSWL) | $81.28 Million | 7.62% | 0.24x | $50.36 Million |
About KULR Technology Group Inc
KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; safeCASE; fiber thermal interface materials; phase change materia… Read more