Trinseo SA
Trinseo PLC provides specialty material solutions in the United States, Europe, the Asia-Pacific, and internationally. It operates through four segments: Engineered Materials, Latex Binders, Polymer Solutions, and Americas Styrenics. The Engineered Materials segment offers rigid thermoplastic compounds and blends, soft thermoplastic, continuous cast, cell cast, activated methyl methacrylates, pol… Read more
Trinseo SA (TSE) - Net Assets
Latest net assets as of September 2025: $-861.60 Million USD
Based on the latest financial reports, Trinseo SA (TSE) has net assets worth $-861.60 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 ($2.49 Billion) and total liabilities ($3.35 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 | $-861.60 Million |
| % of Total Assets | -34.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | -205.01% |
| 10-Year Change | -259.35% |
| Growth Volatility | 69.16 |
Trinseo SA - Net Assets Trend (2009–2024)
This chart illustrates how Trinseo SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trinseo SA (2009–2024)
The table below shows the annual net assets of Trinseo SA from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-619.90 Million | -131.31% |
| 2023-12-31 | $-268.00 Million | -163.76% |
| 2022-12-31 | $420.30 Million | -58.51% |
| 2021-12-31 | $1.01 Billion | +71.62% |
| 2020-12-31 | $590.30 Million | -11.75% |
| 2019-12-31 | $668.90 Million | -12.98% |
| 2018-12-31 | $768.70 Million | +13.92% |
| 2017-12-31 | $674.80 Million | +47.70% |
| 2016-12-31 | $456.86 Million | +17.44% |
| 2015-12-31 | $389.01 Million | +21.24% |
| 2014-12-31 | $320.87 Million | -6.51% |
| 2013-12-31 | $343.20 Million | +17.67% |
| 2012-12-31 | $291.67 Million | +142.02% |
| 2011-12-31 | $120.52 Million | -83.41% |
| 2010-12-31 | $726.49 Million | -25.47% |
| 2009-12-31 | $974.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trinseo SA'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 79280000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $400.00K | % |
| Other Comprehensive Income | $-142.10 Million | % |
| Other Components | $314.60 Million | % |
| Total Equity | $-619.90 Million | 100.00% |
Trinseo SA Competitors by Market Cap
The table below lists competitors of Trinseo SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Picogram Co. Ltd.
KQ:376180
|
$14.61 Million |
|
Taranis Resources Inc
OTCQB:TNREF
|
$14.61 Million |
|
Pili International Multimedia Co Ltd
TWO:8450
|
$14.61 Million |
|
AMA Group Limited
PINK:AMGRF
|
$14.62 Million |
|
Estrella Resources Ltd
AU:ESR
|
$14.60 Million |
|
Northcliff Resources Ltd
PINK:NCFFF
|
$14.59 Million |
|
Asia Hotel Public Company Limited
BK:ASIA
|
$14.59 Million |
|
FIRST REAL JSC
VN:FIR
|
$14.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trinseo SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -268,000,000 to -619,900,000, a change of -351,900,000.
- Net loss of 348,500,000 reduced equity.
- Dividend payments of 1,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 12,500,000.
- Other factors increased equity by 10,800,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-348.50 Million | -56.22% |
| Dividends Paid | $1.70 Million | -0.27% |
| Other Comprehensive Income | $-12.50 Million | -2.02% |
| Other Changes | $10.80 Million | +1.74% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Trinseo SA'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 |
|---|---|---|---|
| 2009-12-31 | $20.62 | $0.51 | x |
| 2010-12-31 | $15.37 | $0.51 | x |
| 2011-12-31 | $2.55 | $0.51 | x |
| 2012-12-31 | $6.17 | $0.51 | x |
| 2013-12-31 | $7.26 | $0.51 | x |
| 2014-12-31 | $7.38 | $0.51 | x |
| 2015-12-31 | $7.94 | $0.51 | x |
| 2016-12-31 | $9.37 | $0.51 | x |
| 2017-12-31 | $15.00 | $0.51 | x |
| 2018-12-31 | $17.59 | $0.51 | x |
| 2019-12-31 | $16.43 | $0.51 | x |
| 2020-12-31 | $15.29 | $0.51 | x |
| 2021-12-31 | $25.58 | $0.51 | x |
| 2022-12-31 | $11.71 | $0.51 | x |
| 2023-12-31 | $-7.59 | $0.51 | x |
| 2024-12-31 | $-17.56 | $0.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trinseo SA 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: -9.92%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (5.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 6.54% | 1.85% | 2.04x | 1.74x | $-33.71 Million |
| 2010 | 7.81% | 1.14% | 1.86x | 3.68x | $-15.89 Million |
| 2011 | -62.98% | -1.23% | 2.40x | 21.38x | $-87.96 Million |
| 2012 | 10.38% | 0.56% | 2.05x | 9.14x | $1.12 Million |
| 2013 | -6.47% | -0.42% | 2.06x | 7.50x | $-56.54 Million |
| 2014 | -20.98% | -1.31% | 2.18x | 7.34x | $-99.42 Million |
| 2015 | 34.36% | 3.36% | 1.76x | 5.81x | $94.75 Million |
| 2016 | 71.52% | 8.56% | 1.53x | 5.44x | $273.81 Million |
| 2017 | 48.65% | 7.38% | 1.60x | 4.11x | $260.82 Million |
| 2018 | 38.05% | 6.33% | 1.70x | 3.55x | $215.63 Million |
| 2019 | 13.75% | 2.73% | 1.22x | 4.12x | $25.11 Million |
| 2020 | 1.34% | 0.29% | 0.96x | 4.82x | $-51.13 Million |
| 2021 | 43.43% | 9.11% | 1.02x | 4.65x | $338.69 Million |
| 2022 | -102.52% | -8.68% | 1.32x | 8.95x | $-472.93 Million |
| 2023 | 0.00% | -19.08% | 1.21x | 0.00x | $-674.50 Million |
| 2024 | 0.00% | -9.92% | 1.33x | 0.00x | $-286.51 Million |
Industry Comparison
This section compares Trinseo SA'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 |
|---|---|---|---|---|
| Trinseo SA (TSE) | $-861.60 Million | 6.54% | N/A | $14.60 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 |