Tantalus Systems Holding Inc
Tantalus Systems Holding Inc. operates as a smart grid technology company in Canada and the United States. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as distribu… Read more
Tantalus Systems Holding Inc (TNTLF) - Net Assets
Latest net assets as of March 2025: $6.42 Million USD
Based on the latest financial reports, Tantalus Systems Holding Inc (TNTLF) has net assets worth $6.42 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 ($44.00 Million) and total liabilities ($37.57 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 | $6.42 Million |
| % of Total Assets | 14.6% |
| Annual Growth Rate | 58.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 307.32 |
Tantalus Systems Holding Inc - Net Assets Trend (2018–2024)
This chart illustrates how Tantalus Systems Holding 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 Tantalus Systems Holding Inc (2018–2024)
The table below shows the annual net assets of Tantalus Systems Holding Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.94 Million | +199.33% |
| 2023-12-31 | $2.32 Million | -35.21% |
| 2022-12-31 | $3.58 Million | -47.30% |
| 2021-12-31 | $6.79 Million | +393.82% |
| 2020-12-31 | $-2.31 Million | -708.45% |
| 2019-12-31 | $379.83K | -12.76% |
| 2018-12-31 | $435.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tantalus Systems Holding 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 13174254691.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $138.76 Million | 1999.28% |
| Total Equity | $6.94 Million | 100.00% |
Tantalus Systems Holding Inc Competitors by Market Cap
The table below lists competitors of Tantalus Systems Holding Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hedef Girisim Sermayesi
IS:HDFGS
|
$46.05 Million |
|
Signpost India Limited
NSE:SIGNPOST
|
$46.05 Million |
|
Exagen Inc
NASDAQ:XGN
|
$46.05 Million |
|
BioSmart Co.Ltd
KQ:038460
|
$46.07 Million |
|
Dynacons Systems & Solutions Limited
NSE:DSSL
|
$46.02 Million |
|
Pioneer Credit Ltd
AU:PNC
|
$46.00 Million |
|
MS Autotech Co.Ltd
KQ:123040
|
$46.00 Million |
|
M.I.TECH Co.Ltd
KQ:179290
|
$45.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tantalus Systems Holding Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,318,722 to 6,940,695, a change of 4,621,973 (199.3%).
- Net loss of 2,627,720 reduced equity.
- New share issuances of 7,295,720 increased equity.
- Other comprehensive income decreased equity by 43,371,289.
- Other factors increased equity by 43,325,262.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.63 Million | -37.86% |
| Share Issuances | $7.30 Million | +105.12% |
| Other Comprehensive Income | $-43.37 Million | -624.88% |
| Other Changes | $43.33 Million | +624.22% |
| Total Change | $- | 199.33% |
Book Value vs Market Value Analysis
This analysis compares Tantalus Systems Holding 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: 10.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.49x to 10.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $2.86 | $1.41 | x |
| 2019-12-31 | $2.49 | $1.41 | x |
| 2020-12-31 | $-1.09 | $1.41 | x |
| 2021-12-31 | $0.17 | $1.41 | x |
| 2022-12-31 | $0.08 | $1.41 | x |
| 2023-12-31 | $0.05 | $1.41 | x |
| 2024-12-31 | $0.14 | $1.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tantalus Systems Holding 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): -37.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.93%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 5.99x
- Recent ROE (-37.86%) is above the historical average (-56.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -18.46% | 0.00% | 0.00x | 1.11x | $-123.90K |
| 2019 | -20.73% | -0.19% | 103.05x | 1.06x | $-116.72K |
| 2020 | 0.00% | 4.49% | 1.48x | 0.00x | $1.79 Million |
| 2021 | -103.38% | -21.82% | 1.04x | 4.57x | $-7.70 Million |
| 2022 | -145.18% | -13.12% | 1.06x | 10.44x | $-5.55 Million |
| 2023 | -72.68% | -4.00% | 1.21x | 15.01x | $-1.92 Million |
| 2024 | -37.86% | -5.93% | 1.07x | 5.99x | $-3.32 Million |
Industry Comparison
This section compares Tantalus Systems Holding Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tantalus Systems Holding Inc (TNTLF) | $6.42 Million | -18.46% | 5.85x | $46.03 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |