Kelso Technologies Inc
Kelso Technologies Inc. designs, engineers, markets, produces and distributes various proprietary pressure relief valves in the United States and Canada. It offers rail and road transport equipment, such as pressure relief, vacuum relief, and bottom outlet valves; pressure cars; pressure relief; one-bolt manway; emergency response kit; pressure differential; service bulletins; and installation ma… Read more
Kelso Technologies Inc (KIQSF) - Net Assets
Latest net assets as of September 2025: $4.90 Million USD
Based on the latest financial reports, Kelso Technologies Inc (KIQSF) has net assets worth $4.90 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.52 Million) and total liabilities ($1.62 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 | $4.90 Million |
| % of Total Assets | 75.14% |
| Annual Growth Rate | -21.19% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 22.15 |
Kelso Technologies Inc - Net Assets Trend (2020–2024)
This chart illustrates how Kelso Technologies 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 Kelso Technologies Inc (2020–2024)
The table below shows the annual net assets of Kelso Technologies Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.23 Million | -51.50% |
| 2023-12-31 | $8.72 Million | -19.12% |
| 2022-12-31 | $10.78 Million | -10.56% |
| 2021-12-31 | $12.06 Million | +9.98% |
| 2020-12-31 | $10.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kelso Technologies 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 1083816700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $32.13 Million | 759.86% |
| Total Equity | $4.23 Million | 100.00% |
Kelso Technologies Inc Competitors by Market Cap
The table below lists competitors of Kelso Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CGX Energy Inc
PINK:CGXEF
|
$5.67 Million |
|
NuGen Medical Devices Inc
OTCQB:NGMDF
|
$5.68 Million |
|
Sammakorn Public Company Limited
BK:SAMCO
|
$5.68 Million |
|
AIxCrypto Holdings, Inc.
NASDAQ:AIXC
|
$5.68 Million |
|
Revive Therapeutics Ltd
OTCQB:RVVTF
|
$5.67 Million |
|
Proodeftiki S.A.
AT:PRD
|
$5.67 Million |
|
Compremum S.A.
WAR:CPR
|
$5.67 Million |
|
Duniec
TA:DUNI
|
$5.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kelso Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,720,248 to 4,229,030, a change of -4,491,218 (-51.5%).
- Net loss of 4,622,297 reduced equity.
- Share repurchases of 32,625 reduced equity.
- Other factors increased equity by 163,704.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.62 Million | -109.3% |
| Share Repurchases | $32.62K | -0.77% |
| Other Changes | $163.70K | +3.87% |
| Total Change | $- | -51.50% |
Book Value vs Market Value Analysis
This analysis compares Kelso Technologies 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: 1.43x
- 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 0.47x to 1.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.23 | $0.11 | x |
| 2021-12-31 | $0.22 | $0.11 | x |
| 2022-12-31 | $0.20 | $0.11 | x |
| 2023-12-31 | $0.16 | $0.11 | x |
| 2024-12-31 | $0.08 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kelso Technologies 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): -109.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.28%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 1.55x
- Recent ROE (-109.30%) is below the historical average (-36.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -11.93% | -11.73% | 0.93x | 1.10x | $-2.40 Million |
| 2021 | -22.88% | -37.15% | 0.54x | 1.14x | $-3.96 Million |
| 2022 | -12.57% | -12.40% | 0.90x | 1.13x | $-2.43 Million |
| 2023 | -24.10% | -19.43% | 1.12x | 1.11x | $-2.97 Million |
| 2024 | -109.30% | -43.28% | 1.63x | 1.55x | $-5.05 Million |
Industry Comparison
This section compares Kelso Technologies Inc's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $385,612,201,198
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kelso Technologies Inc (KIQSF) | $4.90 Million | -11.93% | 0.33x | $5.67 Million |
| Alstom PK (ALSMY) | $1.84 Billion | 9.84% | 9.00x | $659.84 Million |
| Alstom SA (AOMFF) | $9.10 Billion | -1.45% | 2.45x | $6.62 Billion |
| Bangkok Expressway and Metro Public Company Limited (BKKXF) | $37.66 Billion | 9.24% | 1.99x | $2.46 Billion |
| BTS Group Holdings Public Company Limited (BTGWF) | $52.15 Billion | 5.51% | 1.77x | $1.93 Billion |
| Central Japan Railway Co (CJPRY) | $3.51 Trillion | 12.51% | 1.65x | $9.22 Billion |
| Canadian National Railway Company (CNI) | $19.65 Billion | 18.04% | 1.28x | $58.49 Billion |
| Canadian Pacific Railway Ltd (CP) | $6.64 Billion | 29.40% | 2.23x | $68.42 Billion |
| CRRC Corporation Limited (CRCCY) | $169.14 Billion | 6.70% | 1.32x | $22.96 Billion |
| China Railway Signal & Communication Corporation Limited (CRYCY) | $47.28 Billion | 7.69% | 1.47x | $7.38 Billion |
| CSX Corporation (CSX) | $4.59 Billion | -2.57% | 1.50x | $73.08 Billion |