Tristar Acquisition Group
Tristar Acquisition Group operates as an engineering, procurement, and construction contractor. The company, through its subsidiaries, engages in the design, fabrication, and installation of specialized equipment, known as packages or skids, and production plants for the oil and gas industry and engineering companies. It also designs, manufactures, and markets oil and gas production equipments an… Read more
Tristar Acquisition Group (TAGP) - Net Assets
Latest net assets as of March 2025: $606.24K USD
Based on the latest financial reports, Tristar Acquisition Group (TAGP) has net assets worth $606.24K USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.34 Million) and total liabilities ($729.91K). 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 | $606.24K |
| % of Total Assets | 45.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 85.85 |
Tristar Acquisition Group - Net Assets Trend (2005–2023)
This chart illustrates how Tristar Acquisition Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tristar Acquisition Group (2005–2023)
The table below shows the annual net assets of Tristar Acquisition Group from 2005 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $608.50K | -99.22% |
| 2010-09-30 | $78.32 Million | +72.48% |
| 2009-09-30 | $45.41 Million | +32922.00% |
| 2008-09-30 | $-138.34K | -7.77% |
| 2007-09-30 | $-128.36K | -5.30% |
| 2006-09-30 | $-121.90K | -460.00% |
| 2005-09-30 | $-21.77K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tristar Acquisition Group'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 98585400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $755.13K | 124.10% |
| Common Stock | $189.11K | 31.08% |
| Other Comprehensive Income | $-51.11K | -8.40% |
| Total Equity | $608.50K | 100.00% |
Tristar Acquisition Group Competitors by Market Cap
The table below lists competitors of Tristar Acquisition Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DOWELL PROPERTY
BE:HK9
|
$283.21 |
|
MINERGY LIMITED
XBOT:MIN-EQO
|
$283.74 |
|
Aurora Investment Trust plc
LSE:ARR
|
$283.81 |
|
ANGLOGOLD ASHANTI GHANIAN DEPOSITORY SHARES
GSE:AADS
|
$284.26 |
|
Sadovaya Group S.A.
WAR:SGR
|
$283.08 |
|
UNITY BIOTECHN. DL-0001
F:9U90
|
$282.75 |
|
CHINA OIL AND GAS
MU:GPI1
|
$282.45 |
|
Unity Foods Ltd
KAR:UNITY
|
$282.30 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tristar Acquisition Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2023, total equity changed from -186,503 to 608,502, a change of 795,005.
- Net loss of 51,112 reduced equity.
- Other comprehensive income decreased equity by 51,112.
- Other factors increased equity by 897,229.
Equity Change Factors (2010 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-51.11K | -8.4% |
| Other Comprehensive Income | $-51.11K | -8.4% |
| Other Changes | $897.23K | +147.45% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Tristar Acquisition Group'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: 9.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-09-30 | $0.00 | $0.03 | x |
| 2006-09-30 | $-0.02 | $0.03 | x |
| 2007-09-30 | $-0.02 | $0.03 | x |
| 2008-09-30 | $-0.03 | $0.03 | x |
| 2009-09-30 | $-0.07 | $0.03 | x |
| 2010-09-30 | $-0.04 | $0.03 | x |
| 2023-09-30 | $0.00 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tristar Acquisition Group 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): -8.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.19x
- Recent ROE (-8.40%) is below the historical average (-1.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | -397.62% | 0.82x | 0.00x | $-193.89K |
| 2006 | 0.00% | -100.60% | 3.51x | 0.00x | $-152.59K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-59.02K |
| 2008 | 0.00% | -83.15% | 73.62x | 0.00x | $3.86K |
| 2009 | 0.00% | -0.06% | 0.69x | 0.00x | $-3.30K |
| 2010 | 0.00% | -0.05% | 0.81x | 0.00x | $-10.48K |
| 2023 | -8.40% | 0.00% | 0.00x | 2.19x | $-111.96K |
Industry Comparison
This section compares Tristar Acquisition Group's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tristar Acquisition Group (TAGP) | $606.24K | 0.00% | 1.20x | $283.20 |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |