Trinity Place Holdings Inc
Trinity Place Holdings Inc. operates as a real estate holding, investment, development, and asset management company in the United States. Its assets are located at 77 Greenwich Street in Lower Manhattan; and a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, i… Read more
Trinity Place Holdings Inc (TPHS) - Net Assets
Latest net assets as of December 2024: $2.20 Million USD
Based on the latest financial reports, Trinity Place Holdings Inc (TPHS) has net assets worth $2.20 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.73 Million) and total liabilities ($1.53 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 | $2.20 Million |
| % of Total Assets | 59.06% |
| Annual Growth Rate | -8.36% |
| 5-Year Change | -96.76% |
| 10-Year Change | -91.18% |
| Growth Volatility | 396947.68 |
Trinity Place Holdings Inc - Net Assets Trend (1985–2024)
This chart illustrates how Trinity Place Holdings 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 Trinity Place Holdings Inc (1985–2024)
The table below shows the annual net assets of Trinity Place Holdings Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.20 Million | +121.90% |
| 2023-12-31 | $-10.05 Million | -136.75% |
| 2022-12-31 | $27.34 Million | -54.60% |
| 2021-12-31 | $60.23 Million | -11.31% |
| 2020-12-31 | $67.91 Million | +13.77% |
| 2019-12-31 | $59.69 Million | +0.39% |
| 2018-12-31 | $59.46 Million | -11.63% |
| 2017-12-31 | $67.29 Million | +140.11% |
| 2016-12-31 | $28.02 Million | +12.25% |
| 2015-12-31 | $24.97 Million | -71.78% |
| 2014-12-31 | $88.48 Million | 0.00% |
| 2013-12-31 | $88.48 Million | +256.80% |
| 2012-12-31 | $24.80 Million | +2479800.00% |
| 2011-12-31 | $1.00K | -100.00% |
| 2010-12-31 | $160.98 Million | -17.46% |
| 2009-12-31 | $195.03 Million | +4.83% |
| 2008-12-31 | $186.04 Million | -3.17% |
| 2007-12-31 | $192.13 Million | -4.92% |
| 2006-12-31 | $202.07 Million | -4.02% |
| 2005-12-31 | $210.53 Million | -6.26% |
| 2004-12-31 | $224.60 Million | +0.64% |
| 2003-12-31 | $223.17 Million | -3.03% |
| 2002-12-31 | $230.15 Million | -4.68% |
| 2001-12-31 | $241.46 Million | -1.02% |
| 2000-12-31 | $243.94 Million | -3.75% |
| 1999-12-31 | $253.43 Million | -2.08% |
| 1998-12-31 | $258.80 Million | +3.15% |
| 1997-12-31 | $250.90 Million | +10.82% |
| 1996-12-31 | $226.40 Million | +9.16% |
| 1995-12-31 | $207.40 Million | +5.12% |
| 1994-12-31 | $197.30 Million | +3.52% |
| 1993-12-31 | $190.60 Million | +5.54% |
| 1992-12-31 | $180.60 Million | +9.12% |
| 1991-12-31 | $165.50 Million | +9.53% |
| 1990-12-31 | $151.10 Million | +10.29% |
| 1989-12-31 | $137.00 Million | +16.50% |
| 1988-12-31 | $117.60 Million | +19.03% |
| 1987-12-31 | $98.80 Million | +21.98% |
| 1986-12-31 | $81.00 Million | +22.17% |
| 1985-12-31 | $66.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trinity Place Holdings 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 267.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $92.50 Million | 4202.77% |
| Total Equity | $2.20 Million | 100.00% |
Trinity Place Holdings Inc Competitors by Market Cap
The table below lists competitors of Trinity Place Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STATE STREET
MU:ZYA
|
$1.11 Million |
|
DUKE ENERGY - Dusseldorf Stock Exchang
DU:D2MN
|
$1.11 Million |
|
Academies Australasia Group Ltd
AU:AKG
|
$1.11 Million |
|
Albright Metals Ltd
AU:ABR
|
$1.11 Million |
|
AurCrest Gold Inc
PINK:TBMIF
|
$1.10 Million |
|
Fuse Cobalt Inc
OTCQB:FUSEF
|
$1.10 Million |
|
Vast Renewables Limited Ordinary Shares
NASDAQ:VSTE
|
$1.10 Million |
|
NetMedia Group société anonyme
F:1VM0
|
$1.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trinity Place Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -10,048,000 to 2,201,000, a change of 12,249,000.
- Net income of 5,603,000 contributed positively to equity growth.
- New share issuances of 4,393,000 increased equity.
- Other comprehensive income increased equity by 2,257,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.60 Million | +254.57% |
| Share Issuances | $4.39 Million | +199.59% |
| Other Comprehensive Income | $2.26 Million | +102.54% |
| Other Changes | $-4.00K | -0.18% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Trinity Place Holdings 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: 1.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.01x to 1.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $3.71 | $0.05 | x |
| 1986-12-31 | $4.53 | $0.05 | x |
| 1987-12-31 | $5.53 | $0.05 | x |
| 1988-12-31 | $6.57 | $0.05 | x |
| 1989-12-31 | $7.67 | $0.05 | x |
| 1990-12-31 | $8.45 | $0.05 | x |
| 1991-12-31 | $9.24 | $0.05 | x |
| 1992-12-31 | $10.14 | $0.05 | x |
| 1993-12-31 | $10.62 | $0.05 | x |
| 1994-12-31 | $10.87 | $0.05 | x |
| 1995-12-31 | $11.49 | $0.05 | x |
| 1996-12-31 | $12.57 | $0.05 | x |
| 1997-12-31 | $13.87 | $0.05 | x |
| 1998-12-31 | $14.55 | $0.05 | x |
| 1999-12-31 | $15.27 | $0.05 | x |
| 2000-12-31 | $15.08 | $0.05 | x |
| 2001-12-31 | $15.13 | $0.05 | x |
| 2002-12-31 | $14.49 | $0.05 | x |
| 2003-12-31 | $14.40 | $0.05 | x |
| 2004-12-31 | $14.44 | $0.05 | x |
| 2005-12-31 | $13.58 | $0.05 | x |
| 2006-12-31 | $13.55 | $0.05 | x |
| 2007-12-31 | $12.84 | $0.05 | x |
| 2008-12-31 | $12.58 | $0.05 | x |
| 2009-12-31 | $13.18 | $0.05 | x |
| 2010-12-31 | $10.98 | $0.05 | x |
| 2011-12-31 | $1.47 | $0.05 | x |
| 2012-12-31 | $1.72 | $0.05 | x |
| 2014-12-31 | $6.12 | $0.05 | x |
| 2015-12-31 | $1.19 | $0.05 | x |
| 2016-12-31 | $1.10 | $0.05 | x |
| 2017-12-31 | $2.21 | $0.05 | x |
| 2018-12-31 | $1.88 | $0.05 | x |
| 2019-12-31 | $1.86 | $0.05 | x |
| 2020-12-31 | $2.06 | $0.05 | x |
| 2021-12-31 | $1.81 | $0.05 | x |
| 2022-12-31 | $0.73 | $0.05 | x |
| 2023-12-31 | $-0.26 | $0.05 | x |
| 2024-12-31 | $0.03 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trinity Place Holdings 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): 254.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 250.47%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.69x
- Recent ROE (254.57%) is above the historical average (-11.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 19.16% | 5.90% | 2.63x | 1.24x | $6.07 Million |
| 1986 | 18.27% | 6.63% | 2.09x | 1.32x | $6.70 Million |
| 1987 | 18.02% | 6.93% | 1.86x | 1.39x | $7.92 Million |
| 1988 | 15.90% | 6.62% | 1.79x | 1.34x | $6.94 Million |
| 1989 | 14.01% | 6.40% | 1.63x | 1.34x | $5.50 Million |
| 1990 | 9.33% | 4.48% | 1.59x | 1.31x | $-1.01 Million |
| 1991 | 8.64% | 4.50% | 1.59x | 1.20x | $-2.25 Million |
| 1992 | 8.36% | 4.72% | 1.57x | 1.13x | $-2.96 Million |
| 1993 | 5.67% | 3.39% | 1.44x | 1.16x | $-8.26 Million |
| 1994 | 4.31% | 2.60% | 1.33x | 1.24x | $-11.23 Million |
| 1995 | 5.01% | 3.11% | 1.29x | 1.25x | $-10.34 Million |
| 1996 | 8.44% | 5.51% | 1.22x | 1.25x | $-3.54 Million |
| 1997 | 9.17% | 6.52% | 1.20x | 1.17x | $-2.09 Million |
| 1998 | 6.72% | 5.06% | 1.15x | 1.15x | $-8.48 Million |
| 1999 | 0.88% | 0.65% | 1.14x | 1.19x | $-23.12 Million |
| 2000 | -3.42% | -2.43% | 1.24x | 1.14x | $-32.73 Million |
| 2001 | -0.96% | -0.81% | 1.04x | 1.15x | $-26.46 Million |
| 2002 | -3.93% | -3.21% | 1.07x | 1.14x | $-32.05 Million |
| 2003 | -2.10% | -1.70% | 1.08x | 1.14x | $-27.01 Million |
| 2004 | 0.97% | 0.77% | 1.12x | 1.13x | $-20.28 Million |
| 2005 | 1.63% | 1.23% | 1.17x | 1.14x | $-17.62 Million |
| 2006 | 4.73% | 3.40% | 1.17x | 1.19x | $-10.66 Million |
| 2007 | 0.42% | 0.30% | 1.16x | 1.20x | $-18.41 Million |
| 2008 | -1.84% | -1.41% | 1.12x | 1.16x | $-22.03 Million |
| 2009 | 4.26% | 2.20% | 1.40x | 1.38x | $-11.20 Million |
| 2010 | -20.41% | -7.38% | 1.64x | 1.68x | $-48.95 Million |
| 2011 | -358.62% | -29.44% | 1.64x | 7.41x | $-78.15 Million |
| 2012 | -306.57% | -29.44% | 1.62x | 6.42x | $-78.51 Million |
| 2014 | -8.90% | -780.14% | 0.01x | 1.98x | $-16.72 Million |
| 2015 | -26.28% | -780.14% | 0.01x | 3.47x | $-9.06 Million |
| 2016 | -26.53% | -400.65% | 0.02x | 3.05x | $-10.24 Million |
| 2017 | -3.00% | -108.54% | 0.02x | 1.80x | $-8.75 Million |
| 2018 | -13.27% | -212.36% | 0.01x | 4.32x | $-13.84 Million |
| 2019 | -3.65% | -53.64% | 0.01x | 5.79x | $-8.15 Million |
| 2020 | 9.56% | 653.98% | 0.00x | 4.85x | $-296.80K |
| 2021 | -27.35% | -60.12% | 0.08x | 5.83x | $-22.50 Million |
| 2022 | -75.67% | -48.34% | 0.14x | 11.23x | $-23.42 Million |
| 2023 | 0.00% | -116.12% | 0.13x | 0.00x | $-38.01 Million |
| 2024 | 254.57% | 250.47% | 0.60x | 1.69x | $5.38 Million |
Industry Comparison
This section compares Trinity Place Holdings Inc's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,708,016,178
- Average return on equity (ROE) among peers: -18.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trinity Place Holdings Inc (TPHS) | $2.20 Million | 19.16% | 0.69x | $1.10 Million |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $7.53 Million |
| Autris (AUTR) | $-56.91K | 0.00% | 0.00x | $1.57K |
| AMREP Corporation (AXR) | $127.47 Million | 9.98% | 0.05x | $80.48 Million |
| Ayala Land Inc (AYAAF) | $50.75 Billion | 8.64% | 0.64x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $124.43K | -208.38% | 2.27x | $1.00 |
| Beijing North Star Company Limited (BEIJF) | $8.81 Billion | 5.10% | 1.91x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $25.08 Billion | 15.75% | 1.41x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $354.40 Million | 7.00% | 0.52x | $141.49 Million |
| Century Communities Inc (CCS) | $1.06 Billion | 10.64% | 1.35x | $1.45 Billion |