Giga-tronics Inc
Gresham Worldwide, Inc. designs, manufactures, and distributes purpose-built electronic equipment, automated test, power electronics, supply and distribution solutions in North America, Europe, the Middle East, and internationally. It operates through three segments: Radio Frequency (RF) Solutions, Precision Electronic Solutions, and Power Electronics & Displays. The company offers RF and microwa… Read more
Giga-tronics Inc (GIGA) - Net Assets
Latest net assets as of March 2024: $-7.70 Million USD
Based on the latest financial reports, Giga-tronics Inc (GIGA) has net assets worth $-7.70 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.81 Million) and total liabilities ($39.51 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 | $-7.70 Million |
| % of Total Assets | -24.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | -182.34% |
| 10-Year Change | -171.33% |
| Growth Volatility | 261.24 |
Giga-tronics Inc - Net Assets Trend (2000–2024)
This chart illustrates how Giga-tronics 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 Giga-tronics Inc (2000–2024)
The table below shows the annual net assets of Giga-tronics Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $-3.07 Million | 0.00% |
| 2023-12-31 | $-3.07 Million | -127.04% |
| 2023-03-31 | $11.34 Million | 0.00% |
| 2022-12-31 | $11.34 Million | +204.46% |
| 2022-03-31 | $3.73 Million | -83.44% |
| 2021-12-31 | $22.50 Million | +429.79% |
| 2021-03-31 | $4.25 Million | 0.00% |
| 2020-12-31 | $4.25 Million | -1.23% |
| 2020-03-31 | $4.30 Million | 0.00% |
| 2019-12-31 | $4.30 Million | +136.91% |
| 2019-03-31 | $1.81 Million | +1285.50% |
| 2018-03-31 | $131.00K | -92.38% |
| 2017-03-31 | $1.72 Million | -42.28% |
| 2016-03-31 | $2.98 Million | +0.85% |
| 2015-03-31 | $2.96 Million | +236.94% |
| 2014-03-31 | $877.00K | -73.49% |
| 2013-03-31 | $3.31 Million | -50.97% |
| 2012-03-31 | $6.75 Million | -71.31% |
| 2011-03-31 | $23.52 Million | +163.01% |
| 2010-03-31 | $8.94 Million | +21.97% |
| 2009-03-31 | $7.33 Million | -0.81% |
| 2008-03-31 | $7.39 Million | -0.01% |
| 2007-03-31 | $7.39 Million | -18.74% |
| 2006-03-31 | $9.10 Million | -7.28% |
| 2005-03-31 | $9.81 Million | +6.70% |
| 2004-03-31 | $9.20 Million | -42.38% |
| 2003-03-31 | $15.96 Million | -40.14% |
| 2002-03-31 | $26.66 Million | -6.37% |
| 2001-03-31 | $28.48 Million | +8.90% |
| 2000-03-31 | $26.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Giga-tronics 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 401.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $39.22 Million | % |
| Total Equity | $-3.60 Million | 100.00% |
Giga-tronics Inc Competitors by Market Cap
The table below lists competitors of Giga-tronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PARAGON - Dusseldorf Stock Exchang
DU:PGN
|
$17.73K |
|
BELSHIPS ASA NK 2
F:NS6
|
$17.74K |
|
Peel Hunt Ltd
LSE:PEEL
|
$17.74K |
|
Hansco Capital Corp
V:HCO-P
|
$17.75K |
|
FIRST RESOURCES (5F1.SG)
STU:5F1
|
$17.67K |
|
Chordate Medical Holding AB
ST:CMH
|
$17.64K |
|
AUTOMOB PARTICIPACOES S.A.
SA:AMOB3
|
$17.64K |
|
Global PVQ SE
PINK:QCLSF
|
$17.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Giga-tronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,602,000 to -3,602,000, a change of 0.
- Net loss of 15,095,000 reduced equity.
- Other factors increased equity by 15,095,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.10 Million | -419.07% |
| Other Changes | $15.10 Million | +419.07% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Giga-tronics 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 |
|---|---|---|---|
| 2016-03-31 | $0.31 | $0.01 | x |
| 2017-03-31 | $5.38 | $0.01 | x |
| 2018-03-31 | $0.38 | $0.01 | x |
| 2019-03-31 | $4.79 | $0.01 | x |
| 2019-12-31 | $3.49 | $0.01 | x |
| 2020-03-31 | $1.63 | $0.01 | x |
| 2020-12-31 | $1.61 | $0.01 | x |
| 2021-03-31 | $1.61 | $0.01 | x |
| 2021-12-31 | $3.62 | $0.01 | x |
| 2022-03-31 | $1.35 | $0.01 | x |
| 2022-12-31 | $1.91 | $0.01 | x |
| 2023-03-31 | $1.79 | $0.01 | x |
| 2023-12-31 | $-0.61 | $0.01 | x |
| 2024-03-31 | $-0.61 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Giga-tronics 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: -39.91%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-265.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.36% | 2.39% | 1.27x | 1.44x | $-1.48 Million |
| 2001 | 6.68% | 3.51% | 1.45x | 1.31x | $-946.50K |
| 2005 | 6.24% | 2.85% | 1.66x | 1.32x | $-369.20K |
| 2010 | 14.54% | 6.82% | 1.37x | 1.56x | $405.70K |
| 2011 | 59.83% | 66.92% | 0.79x | 1.13x | $11.72 Million |
| 2012 | -43.37% | -44.62% | 1.41x | 0.69x | $-7.20 Million |
| 2013 | -63.57% | -29.65% | 1.52x | 1.41x | $-4.87 Million |
| 2014 | -426.68% | -28.12% | 1.75x | 8.66x | $-3.83 Million |
| 2015 | -3802.27% | -9.07% | 2.29x | 183.05x | $-1.68 Million |
| 2016 | -137.72% | -28.12% | 1.30x | 3.76x | $-4.40 Million |
| 2017 | -44.94% | -9.50% | 1.79x | 2.64x | $-1.89 Million |
| 2018 | -1183.59% | -31.64% | 1.16x | 32.18x | $-3.13 Million |
| 2019 | -28.73% | -9.36% | 1.78x | 1.73x | $-1.41 Million |
| 2019 | -15.98% | -5.84% | 1.32x | 2.08x | $-1.12 Million |
| 2020 | -15.98% | 0.00% | -0.03x | 2.08x | $-1.12 Million |
| 2020 | -9.25% | -3.01% | 1.66x | 1.85x | $-817.70K |
| 2021 | -9.25% | 0.00% | -0.01x | 1.85x | $-817.70K |
| 2021 | -14.48% | -12.14% | 0.75x | 1.58x | $-5.25 Million |
| 2022 | -72.89% | -30.08% | 1.12x | 2.16x | $-3.09 Million |
| 2022 | -166.93% | -58.63% | 0.78x | 3.67x | $-18.80 Million |
| 2023 | -166.93% | -58.63% | 0.78x | 3.67x | $-18.80 Million |
| 2023 | 0.00% | -39.91% | 1.18x | 0.00x | $-14.73 Million |
| 2024 | 0.00% | -39.91% | 1.18x | 0.00x | $-14.73 Million |
Industry Comparison
This section compares Giga-tronics Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Giga-tronics Inc (GIGA) | $-7.70 Million | 4.36% | N/A | $17.69K |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |