Tangram Enterprise Solutions Inc
Titan Environmental Solutions Inc., together with its subsidiaries, provides non-hazardous solid waste and recycling collection, transportation, and disposal services in the United States. The company offers collection services, such as picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility or disposal site; and tra… Read more
Tangram Enterprise Solutions Inc (TESI) - Net Assets
Latest net assets as of March 2025: $-8.69 Million USD
Based on the latest financial reports, Tangram Enterprise Solutions Inc (TESI) has net assets worth $-8.69 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.93 Million) and total liabilities ($35.62 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-8.69 Million |
| % of Total Assets | -32.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 149.36 |
Tangram Enterprise Solutions Inc - Net Assets Trend (2020–2024)
This chart illustrates how Tangram Enterprise Solutions 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 Tangram Enterprise Solutions Inc (2020–2024)
The table below shows the annual net assets of Tangram Enterprise Solutions Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-4.71 Million | -188.95% |
| 2023-12-31 | $5.30 Million | +109.78% |
| 2022-12-31 | $2.53 Million | +204.46% |
| 2021-12-31 | $-2.42 Million | -2.59% |
| 2020-12-31 | $-2.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tangram Enterprise Solutions 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 16998075000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $167.77 Million | % |
| Total Equity | $-4.71 Million | 100.00% |
Tangram Enterprise Solutions Inc Competitors by Market Cap
The table below lists competitors of Tangram Enterprise Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trans Global Grp In
PINK:TGGI
|
$866.55K |
|
Unitronics
TA:UNIT
|
$866.56K |
|
WisdomTree US Treasuries 10Y 3x Daily Short
XETRA:TY3S
|
$866.67K |
|
Standard Life PLC
LSE:SDLF
|
$866.93K |
|
South Logistics JSC
VN:STG
|
$866.01K |
|
Sunflow Sustain
TA:SNFL
|
$865.88K |
|
Lepermislibre Sa
PA:ALLPL
|
$865.87K |
|
A.I.S. Resources Limited
PINK:AISSF
|
$865.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tangram Enterprise Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,299,325 to -4,713,574, a change of -10,012,899 (-188.9%).
- Net loss of 21,543,305 reduced equity.
- New share issuances of 4,222,000 increased equity.
- Other factors increased equity by 7,308,406.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.54 Million | -457.05% |
| Share Issuances | $4.22 Million | +89.57% |
| Other Changes | $7.31 Million | +155.05% |
| Total Change | $- | -188.95% |
Book Value vs Market Value Analysis
This analysis compares Tangram Enterprise Solutions 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.69 | $0.22 | x |
| 2021-12-31 | $-0.58 | $0.22 | x |
| 2022-12-31 | $0.14 | $0.22 | x |
| 2023-12-31 | $0.35 | $0.22 | x |
| 2024-12-31 | $-0.17 | $0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tangram Enterprise Solutions 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -225.01%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-567.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -60.19% | 0.57x | 0.00x | $-372.19K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.21 Million |
| 2022 | -26.07% | -15.67% | 0.57x | 2.93x | $-911.27K |
| 2023 | -2811.77% | -2392.27% | 0.28x | 4.18x | $-149.53 Million |
| 2024 | 0.00% | -225.01% | 0.34x | 0.00x | $-21.07 Million |
Industry Comparison
This section compares Tangram Enterprise Solutions Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tangram Enterprise Solutions Inc (TESI) | $-8.69 Million | 0.00% | N/A | $866.20K |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |