Surge Components Inc
Surge Components, Inc., together with its subsidiaries, supplies electronic products and components. It offers capacitors comprising electrical energy storage devices; and discrete semiconductor components, such as semiconductor rectifiers, transistors, diodes, and circuit protection devices, as well as audible components comprising audible transducers, Piezo buzzers, speakers, and microphones. T… Read more
Surge Components Inc (SPRS) - Net Assets
Latest net assets as of August 2025: $20.88 Million USD
Based on the latest financial reports, Surge Components Inc (SPRS) has net assets worth $20.88 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.17 Million) and total liabilities ($6.29 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 | $20.88 Million |
| % of Total Assets | 76.85% |
| Annual Growth Rate | 4.11% |
| 5-Year Change | 83.83% |
| 10-Year Change | 63.71% |
| Growth Volatility | 65.42 |
Surge Components Inc - Net Assets Trend (1996–2024)
This chart illustrates how Surge Components 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 Surge Components Inc (1996–2024)
The table below shows the annual net assets of Surge Components Inc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $19.49 Million | +4.96% |
| 2023-11-30 | $18.57 Million | +6.09% |
| 2022-11-30 | $17.50 Million | +32.78% |
| 2021-11-30 | $13.18 Million | +24.34% |
| 2020-11-30 | $10.60 Million | +20.36% |
| 2019-11-30 | $8.81 Million | +31.67% |
| 2018-11-30 | $6.69 Million | +41.95% |
| 2017-11-30 | $4.71 Million | -59.06% |
| 2016-11-30 | $11.51 Million | -3.32% |
| 2015-11-30 | $11.90 Million | +11.17% |
| 2014-11-30 | $10.71 Million | +4.55% |
| 2013-11-30 | $10.24 Million | +14.58% |
| 2012-11-30 | $8.94 Million | +21.52% |
| 2011-11-30 | $7.36 Million | +66.09% |
| 2010-11-30 | $4.43 Million | +51.38% |
| 2009-11-30 | $2.93 Million | -14.76% |
| 2003-11-30 | $3.43 Million | -4.35% |
| 2002-11-30 | $3.59 Million | -32.97% |
| 2001-11-30 | $5.35 Million | +287.53% |
| 2000-11-30 | $1.38 Million | -77.55% |
| 1999-11-30 | $6.15 Million | -1.39% |
| 1998-11-30 | $6.24 Million | -2.82% |
| 1997-11-30 | $6.42 Million | +1.83% |
| 1996-11-30 | $6.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Surge Components 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 grown by 174270700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.67 Million | 8.58% |
| Common Stock | $5.58K | 0.03% |
| Other Comprehensive Income | $85.33K | 0.44% |
| Other Components | $17.73 Million | 90.95% |
| Total Equity | $19.49 Million | 100.00% |
Surge Components Inc Competitors by Market Cap
The table below lists competitors of Surge Components Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Doré Copper Mining Corp
OTCQB:DRCMF
|
$5.27 Million |
|
Prodigy Gold NL
AU:PRX
|
$5.27 Million |
|
OXE Marine AB (publ)
PINK:CMMCF
|
$5.27 Million |
|
Tien Wah Press Holdings Bhd
KLSE:7374
|
$5.27 Million |
|
Biomedico Hadarim Ltd
OTCGREY:ITGMF
|
$5.27 Million |
|
Smart Concrete Public Company Limited
BK:SMART
|
$5.27 Million |
|
Acumentis Group Ltd
AU:ACU
|
$5.27 Million |
|
Renrenle Commercial Group Co Ltd
SHE:002336
|
$5.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Surge Components Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,568,901 to 19,489,080, a change of 920,179 (5.0%).
- Net income of 825,677 contributed positively to equity growth.
- Other comprehensive income increased equity by 84,502.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $825.68K | +4.24% |
| Other Comprehensive Income | $84.50K | +0.43% |
| Other Changes | $10.00K | +0.05% |
| Total Change | $- | 4.96% |
Book Value vs Market Value Analysis
This analysis compares Surge Components 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: 0.61x
- 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.
- The price-to-book ratio has decreased from 1.19x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-11-30 | $1.73 | $2.05 | x |
| 1997-11-30 | $1.29 | $2.05 | x |
| 1998-11-30 | $1.29 | $2.05 | x |
| 1999-11-30 | $0.62 | $2.05 | x |
| 2000-11-30 | $0.20 | $2.05 | x |
| 2001-11-30 | $0.72 | $2.05 | x |
| 2002-11-30 | $0.40 | $2.05 | x |
| 2003-11-30 | $0.39 | $2.05 | x |
| 2009-11-30 | $0.32 | $2.05 | x |
| 2010-11-30 | $0.48 | $2.05 | x |
| 2011-11-30 | $0.76 | $2.05 | x |
| 2012-11-30 | $0.92 | $2.05 | x |
| 2013-11-30 | $1.06 | $2.05 | x |
| 2014-11-30 | $1.10 | $2.05 | x |
| 2015-11-30 | $1.22 | $2.05 | x |
| 2016-11-30 | $1.14 | $2.05 | x |
| 2017-11-30 | $0.71 | $2.05 | x |
| 2018-11-30 | $1.25 | $2.05 | x |
| 2019-11-30 | $1.61 | $2.05 | x |
| 2020-11-30 | $1.92 | $2.05 | x |
| 2021-11-30 | $2.32 | $2.05 | x |
| 2022-11-30 | $3.05 | $2.05 | x |
| 2023-11-30 | $3.23 | $2.05 | x |
| 2024-11-30 | $3.38 | $2.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Surge Components 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): 4.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.65%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.31x
- Recent ROE (4.24%) is above the historical average (-31.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 2.21% | 1.64% | 1.10x | 1.23x | $-491.50K |
| 1997 | 1.17% | 0.70% | 1.33x | 1.27x | $-566.84K |
| 1998 | -4.39% | -3.14% | 1.14x | 1.23x | $-898.28K |
| 1999 | 1.38% | 0.70% | 1.55x | 1.27x | $-530.36K |
| 2000 | -823.02% | -31.10% | 2.23x | 11.85x | $-11.51 Million |
| 2001 | -114.13% | -38.87% | 1.78x | 1.65x | $-6.65 Million |
| 2002 | -48.84% | -15.94% | 1.62x | 1.89x | $-2.10 Million |
| 2003 | -3.86% | -1.17% | 2.01x | 1.64x | $-472.84K |
| 2009 | 10.82% | 2.57% | 2.08x | 2.02x | $23.95K |
| 2010 | 33.78% | 6.92% | 2.61x | 1.87x | $1.05 Million |
| 2011 | 38.84% | 12.31% | 2.19x | 1.44x | $2.12 Million |
| 2012 | 16.86% | 6.75% | 1.87x | 1.34x | $613.31K |
| 2013 | 12.15% | 4.92% | 1.72x | 1.44x | $220.49K |
| 2014 | 4.10% | 1.61% | 1.77x | 1.44x | $-632.33K |
| 2015 | 7.26% | 2.91% | 1.82x | 1.37x | $-325.61K |
| 2016 | -4.89% | -1.90% | 1.76x | 1.46x | $-1.71 Million |
| 2017 | 7.59% | 1.20% | 2.59x | 2.43x | $-113.81K |
| 2018 | 29.32% | 6.06% | 2.64x | 1.84x | $1.29 Million |
| 2019 | 23.10% | 6.26% | 2.45x | 1.51x | $1.15 Million |
| 2020 | 14.30% | 4.78% | 1.78x | 1.68x | $456.11K |
| 2021 | 19.05% | 6.30% | 1.83x | 1.65x | $1.19 Million |
| 2022 | 21.35% | 7.20% | 2.11x | 1.41x | $1.99 Million |
| 2023 | 5.24% | 2.68% | 1.47x | 1.33x | $-884.78K |
| 2024 | 4.24% | 2.65% | 1.23x | 1.31x | $-1.12 Million |
Industry Comparison
This section compares Surge Components Inc's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $10,793,512,986
- Average return on equity (ROE) among peers: -0.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Surge Components Inc (SPRS) | $20.88 Million | 2.21% | 0.30x | $5.27 Million |
| ADDvantage Technologies Group Inc (AEYGQ) | $14.93 Million | -116.07% | 1.18x | $148.54 |
| Arrow Electronics Inc (ARW) | $4.47 Billion | 11.71% | 2.18x | $6.72 Billion |
| Avnet Inc (AVT) | $3.73 Billion | -0.83% | 1.19x | $4.87 Billion |
| Climb Global Solutions (CLMB) | $4.60 Million | 23.91% | 4.37x | $297.34 Million |
| PC Connection Inc (CNXN) | $94.20 Million | 24.10% | 1.37x | $629.13 Million |
| Eaco Corp (EACO) | $2.00 Million | 15.00% | 1.45x | $6.60 Million |
| Foxconn Technology Co. Ltd. (FXCOF) | $99.59 Billion | 9.18% | 0.57x | $1.62 Billion |
| ICZOOM Group Inc. Class A Ordinary Shares (IZM) | $3.17 Million | 18.65% | 18.01x | $4.17 Million |
| Jaco Electronics Inc (JACO) | $34.30 Million | 11.08% | 0.78x | $0.91 |
| Klegg Electronics Inc (KLGG) | $-28.46K | 0.00% | 0.00x | $0.94 |