Heliogen Inc
Heliogen, Inc., together with its subsidiaries, develops and commercializes concentrated solar energy in the United States. It offers heliostat fields, and associated control systems, solar receivers, thermal energy storage products, and heat engines. The company's solutions include carbon-free steam production, a system that produces heat or steam for use in industrial processes; Hybrid & Tri-Br… Read more
Heliogen Inc (HLGN) - Net Assets
Latest net assets as of March 2025: $23.03 Million USD
Based on the latest financial reports, Heliogen Inc (HLGN) has net assets worth $23.03 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 ($32.68 Million) and total liabilities ($9.65 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 | $23.03 Million |
| % of Total Assets | 70.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 33.14 |
Heliogen Inc - Net Assets Trend (2019–2024)
This chart illustrates how Heliogen 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 Heliogen Inc (2019–2024)
The table below shows the annual net assets of Heliogen Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $29.02 Million | +462.05% |
| 2023-12-31 | $-8.02 Million | -106.40% |
| 2022-12-31 | $125.32 Million | -40.12% |
| 2021-12-31 | $209.28 Million | +851.12% |
| 2020-12-31 | $-27.86 Million | -34.37% |
| 2019-12-31 | $-20.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Heliogen 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 38389645500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $434.65 Million | 1497.86% |
| Total Equity | $29.02 Million | 100.00% |
Heliogen Inc Competitors by Market Cap
The table below lists competitors of Heliogen Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Widad Group Bhd
KLSE:0162
|
$3.73 Million |
|
BitFuFu Inc. Warrant
NASDAQ:FUFUW
|
$3.73 Million |
|
World Technology Corp
PINK:HLOC
|
$3.73 Million |
|
Argo Gold Inc
PINK:ARBTF
|
$3.73 Million |
|
ALUMEXX N.V. NAM. EO-10
F:NE8F
|
$3.73 Million |
|
ValiRx plc
LSE:VAL
|
$3.73 Million |
|
Major Development Public Company Limited
BK:MJD
|
$3.72 Million |
|
TON Strategy Co
NASDAQ:TONX
|
$3.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heliogen Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -8,015,000 to 29,018,000, a change of 37,033,000.
- Net income of 32,547,000 contributed positively to equity growth.
- Other factors increased equity by 4,486,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.55 Million | +112.16% |
| Other Changes | $4.49 Million | +15.46% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Heliogen 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: 0.17x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-194.72 | $0.82 | x |
| 2020-12-31 | $-122.22 | $0.82 | x |
| 2021-12-31 | $611.89 | $0.82 | x |
| 2022-12-31 | $23.06 | $0.82 | x |
| 2023-12-31 | $-1.36 | $0.82 | x |
| 2024-12-31 | $4.76 | $0.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heliogen 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): 112.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 164.01%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.53x
- Recent ROE (112.16%) is above the historical average (-11.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.32 Million |
| 2020 | 0.00% | -3762.50% | 0.01x | 0.00x | $-4.74 Million |
| 2021 | -67.94% | -1615.07% | 0.03x | 1.23x | $-163.12 Million |
| 2022 | -113.31% | -1032.65% | 0.07x | 1.53x | $-154.53 Million |
| 2023 | 0.00% | -14594.37% | 0.01x | 0.00x | $-128.80 Million |
| 2024 | 112.16% | 164.01% | 0.45x | 1.53x | $29.65 Million |
Industry Comparison
This section compares Heliogen Inc's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heliogen Inc (HLGN) | $23.03 Million | 0.00% | 0.42x | $3.73 Million |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |