Tennessee Valley Authority Pref
Tennessee Valley Authority generates power from coal, nuclear, hydroelectric, natural gas, and renewable sources. Tennessee Valley Authority was founded in 1933 and is headquartered in Knoxville, Tennessee.
Tennessee Valley Authority Pref (TVC) - Net Assets
Latest net assets as of March 2024: $16.49 Billion USD
Based on the latest financial reports, Tennessee Valley Authority Pref (TVC) has net assets worth $16.49 Billion USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($52.34 Billion) and total liabilities ($35.85 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 | $16.49 Billion |
| % of Total Assets | 31.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | 38.12% |
| 10-Year Change | 163.04% |
| Growth Volatility | 74.18 |
Tennessee Valley Authority Pref - Net Assets Trend (2005–2023)
This chart illustrates how Tennessee Valley Authority Pref's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tennessee Valley Authority Pref (2005–2023)
The table below shows the annual net assets of Tennessee Valley Authority Pref from 2005 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $16.06 Billion | +3.55% |
| 2022-09-30 | $15.51 Billion | +7.19% |
| 2021-09-30 | $14.46 Billion | +11.85% |
| 2020-09-30 | $12.93 Billion | +11.24% |
| 2019-09-30 | $11.62 Billion | +13.05% |
| 2018-09-30 | $10.28 Billion | +12.59% |
| 2017-09-30 | $9.13 Billion | +8.47% |
| 2016-09-30 | $8.42 Billion | +16.90% |
| 2015-09-30 | $7.20 Billion | +18.00% |
| 2014-09-30 | $6.10 Billion | +8.09% |
| 2013-09-30 | $5.65 Billion | +6.03% |
| 2012-09-30 | $5.33 Billion | +1.86% |
| 2011-09-30 | $5.23 Billion | +188.06% |
| 2010-09-30 | $-5.94 Billion | +9.66% |
| 2009-09-30 | $-6.57 Billion | -24.21% |
| 2008-09-30 | $-5.29 Billion | -277.58% |
| 2007-09-30 | $2.98 Billion | +10.41% |
| 2006-09-30 | $2.70 Billion | -- |
| 2005-09-30 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tennessee Valley Authority Pref'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 grown by 1130.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $15.30 Billion | 95.30% |
| Common Stock | $783.00 Million | 4.88% |
| Other Comprehensive Income | $-29.00 Million | -0.18% |
| Total Equity | $16.06 Billion | 100.00% |
Tennessee Valley Authority Pref Competitors by Market Cap
The table below lists competitors of Tennessee Valley Authority Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Coast Hotels Limited
NSE:BLUECOAST
|
$234.33K |
|
Enlightify Inc.
NYSE:ENFY
|
$234.56K |
|
Apollo Global Management Inc.
NYSE:APOS
|
$234.76K |
|
Star Minerals Ltd
AU:SMS
|
$234.89K |
|
Fundamental Invest Stock Pick
CO:FUISP
|
$234.19K |
|
Exosense Plc
LSE:0EXO
|
$234.15K |
|
Rare Foods Australia Ltd
AU:RFA
|
$234.05K |
|
Central Bancompany, Inc. Class A Common Stock
NASDAQ:CBC
|
$234.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tennessee Valley Authority Pref's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,505,000,000 to 16,056,000,000, a change of 551,000,000 (3.6%).
- Net income of 500,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 57,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $500.00 Million | +3.11% |
| Other Comprehensive Income | $57.00 Million | +0.36% |
| Other Changes | $-6.00 Million | -0.04% |
| Total Change | $- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares Tennessee Valley Authority Pref'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-09-30 | $4556.19 | $24.32 | x |
| 2006-09-30 | $5140.95 | $24.32 | x |
| 2007-09-30 | $5676.19 | $24.32 | x |
| 2008-09-30 | $6786.67 | $24.32 | x |
| 2009-09-30 | $8034.29 | $24.32 | x |
| 2010-09-30 | $9784.76 | $24.32 | x |
| 2011-09-30 | $9960.00 | $24.32 | x |
| 2012-09-30 | $10144.76 | $24.32 | x |
| 2013-09-30 | $10756.19 | $24.32 | x |
| 2014-09-30 | $11626.67 | $24.32 | x |
| 2015-09-30 | $13720.00 | $24.32 | x |
| 2016-09-30 | $16038.10 | $24.32 | x |
| 2017-09-30 | $17396.19 | $24.32 | x |
| 2018-09-30 | $19586.67 | $24.32 | x |
| 2019-09-30 | $22142.86 | $24.32 | x |
| 2020-09-30 | $24632.38 | $24.32 | x |
| 2021-09-30 | $27552.38 | $24.32 | x |
| 2022-09-30 | $29533.33 | $24.32 | x |
| 2023-09-30 | $30582.86 | $24.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tennessee Valley Authority Pref 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): 3.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.15%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.20x
- Recent ROE (3.11%) is below the historical average (10.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 3.55% | 1.09% | 0.23x | 14.41x | $-154.20 Million |
| 2006 | 12.19% | 3.58% | 0.27x | 12.79x | $59.10 Million |
| 2007 | 12.85% | 4.17% | 0.27x | 11.38x | $85.00 Million |
| 2008 | 22.93% | 7.87% | 0.37x | 7.94x | $460.70 Million |
| 2009 | 17.21% | 6.45% | 0.39x | 6.93x | $304.20 Million |
| 2010 | 18.92% | 8.94% | 0.34x | 6.17x | $458.30 Million |
| 2011 | 3.10% | 1.37% | 0.26x | 8.87x | $-360.90 Million |
| 2012 | 1.13% | 0.53% | 0.24x | 8.89x | $-472.60 Million |
| 2013 | 4.80% | 2.47% | 0.24x | 8.16x | $-293.70 Million |
| 2014 | 7.68% | 4.21% | 0.24x | 7.47x | $-141.40 Million |
| 2015 | 15.42% | 10.10% | 0.23x | 6.78x | $390.70 Million |
| 2016 | 14.64% | 11.61% | 0.21x | 6.00x | $391.00 Million |
| 2017 | 7.50% | 6.38% | 0.21x | 5.48x | $-228.30 Million |
| 2018 | 10.88% | 9.96% | 0.23x | 4.73x | $90.70 Million |
| 2019 | 12.19% | 12.52% | 0.22x | 4.34x | $254.50 Million |
| 2020 | 10.45% | 13.19% | 0.19x | 4.08x | $58.80 Million |
| 2021 | 10.45% | 14.40% | 0.20x | 3.63x | $65.50 Million |
| 2022 | 7.15% | 8.84% | 0.24x | 3.30x | $-442.50 Million |
| 2023 | 3.11% | 4.15% | 0.23x | 3.20x | $-1.11 Billion |
Industry Comparison
This section compares Tennessee Valley Authority Pref's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tennessee Valley Authority Pref (TVC) | $16.49 Billion | 3.55% | 2.17x | $234.30K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |