Tadano Ltd
Tadano Ltd., together with its subsidiaries, develops, produces, distributes, and services lifting equipment worldwide. The company offers all terrain, rough terrain, truck, telescopic boom crawler, loader, and boom truck cranes; aerial work platforms; and special purpose vehicles. It also provides components, such as hydraulic cylinders. In addition, the company offers parts, repairs, used crane… Read more
Tadano Ltd (TDNOF) - Net Assets
Latest net assets as of June 2024: $189.75 Billion USD
Based on the latest financial reports, Tadano Ltd (TDNOF) has net assets worth $189.75 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($369.73 Billion) and total liabilities ($179.98 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 | $189.75 Billion |
| % of Total Assets | 51.32% |
| Annual Growth Rate | 4.49% |
| 5-Year Change | 20.87% |
| 10-Year Change | N/A |
| Growth Volatility | 6.4 |
Tadano Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Tadano Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tadano Ltd (2015–2024)
The table below shows the annual net assets of Tadano Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $181.35 Billion | +13.13% |
| 2022-03-31 | $160.31 Billion | +10.25% |
| 2021-03-31 | $145.40 Billion | -8.06% |
| 2020-03-31 | $158.16 Billion | +5.41% |
| 2018-03-31 | $150.04 Billion | +5.26% |
| 2017-03-31 | $142.55 Billion | +5.75% |
| 2016-03-31 | $134.80 Billion | +10.36% |
| 2015-03-31 | $122.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tadano Ltd'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 51.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $135.45 Billion | 74.83% |
| Other Components | $45.57 Billion | 25.17% |
| Total Equity | $181.02 Billion | 100.00% |
Tadano Ltd Competitors by Market Cap
The table below lists competitors of Tadano Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compagnie Financière de Neufcour S.A.
BR:MLNEU
|
$104.77K |
|
Perimeter Acquisition Corp. I
NASDAQ:PMTRU
|
$104.81K |
|
D. Boral ARC Acquisition I Corp. Units
NASDAQ:BCARU
|
$104.83K |
|
BioLine RX Ltd
TA:BLRX
|
$104.99K |
|
EGH Acquisition Corp.
NASDAQ:EGHAU
|
$104.61K |
|
Terrace Energy Corp.
PINK:TCRRF
|
$104.60K |
|
Haemato AG
HM:HAEK
|
$104.60K |
|
JFE HOLDINGS
DU:JFR
|
$104.57K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tadano Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from 159,114,000,000 to 181,024,000,000, a change of 21,910,000,000 (13.8%).
- Net income of 7,773,000,000 contributed positively to equity growth.
- Dividend payments of 1,522,000,000 reduced retained earnings.
- Other factors increased equity by 15,659,000,000.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.77 Billion | +4.29% |
| Dividends Paid | $1.52 Billion | -0.84% |
| Other Changes | $15.66 Billion | +8.65% |
| Total Change | $- | 13.77% |
Book Value vs Market Value Analysis
This analysis compares Tadano Ltd'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: 0.01x
- 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 |
|---|---|---|---|
| 2020-03-31 | $1241.31 | $10.50 | x |
| 2021-03-31 | $1136.98 | $10.50 | x |
| 2022-03-31 | $1255.10 | $10.50 | x |
| 2024-03-31 | $1426.37 | $10.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tadano Ltd 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): 4.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.77%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.02x
- Recent ROE (4.29%) is below the historical average (6.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 16.05% | 9.55% | 0.91x | 1.84x | $7.35 Billion |
| 2016 | 14.62% | 9.37% | 0.89x | 1.75x | $6.20 Billion |
| 2017 | 8.36% | 6.61% | 0.78x | 1.62x | $-2.33 Billion |
| 2018 | 6.28% | 5.41% | 0.71x | 1.64x | $-5.55 Billion |
| 2020 | 4.09% | 2.82% | 0.73x | 1.98x | $-9.29 Billion |
| 2021 | -9.02% | -6.98% | 0.57x | 2.25x | $-27.39 Billion |
| 2022 | 8.23% | 6.37% | 0.60x | 2.17x | $-2.82 Billion |
| 2024 | 4.29% | 2.77% | 0.77x | 2.02x | $-10.33 Billion |
Industry Comparison
This section compares Tadano Ltd's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,537,541,042
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tadano Ltd (TDNOF) | $189.75 Billion | 16.05% | 0.95x | $104.70K |
| Arçelik Anonim Sirketi (ACKAF) | $6.92 Billion | 12.19% | 1.96x | $21.37K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.78 Billion | -0.47% | 4.90x | $237.80K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $350.39 Million | 158.73% | 1.79x | $54.40 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $138.55 Billion | 3.33% | 0.35x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $45.44 Billion | 2.81% | 1.39x | $78.15K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $14.42 Billion | 11.26% | 1.20x | $9.29 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.94 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.35 Billion | 13.98% | 0.95x | $246.38K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.37 Billion | 11.86% | 2.07x | $137.52K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $181.00 Million | -95.58% | 5.28x | $220.55K |