Toggle3D.ai Inc.
Toggle3D.ai Inc. provides generative AI CAD-3D design studio software. The company offers software as a service solution that utilizes generative artificial intelligence to convert computer-aided design files, apply 4K texturing, and enables publishing of 4K 3D models. It serves designers, artists, marketers, and eCommerce owners. The company is headquartered in Toronto, Canada. Toggle3D.ai Inc. … Read more
Toggle3D.ai Inc. (TGGLF) - Net Assets
Latest net assets as of December 2024: $558.13K USD
Based on the latest financial reports, Toggle3D.ai Inc. (TGGLF) has net assets worth $558.13K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.24 Million) and total liabilities ($682.85K). 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 | $558.13K |
| % of Total Assets | 44.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Toggle3D.ai Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Toggle3D.ai 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 Toggle3D.ai Inc. (2020–2024)
The table below shows the annual net assets of Toggle3D.ai Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $558.13K | -42.60% |
| 2023-12-31 | $972.29K | -- |
| 2022-12-31 | $0.00 | -- |
| 2021-12-31 | $0.00 | -- |
| 2020-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Toggle3D.ai 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 772076400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.80 Million | 1398.39% |
| Other Comprehensive Income | $474.04K | 84.93% |
| Total Equity | $558.13K | 100.00% |
Toggle3D.ai Inc. Competitors by Market Cap
The table below lists competitors of Toggle3D.ai Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Premiere Island Power REIT Corp.
PSE:PREIT
|
$181.41 |
|
TRAFFIC TECH
BE:T2O
|
$181.46 |
|
Gamedust S.A.
WAR:GDC
|
$181.60 |
|
LABAT AFRICA
BE:LAO
|
$181.92 |
|
Vista Land and Lifescapes Inc
PSE:VLL
|
$181.11 |
|
KLONDIKE SILVER
BE:K1SN
|
$180.79 |
|
Nusantara Inti Corpora Tbk
JK:UNIT
|
$180.42 |
|
H&G High Conviction Ltd
AU:HCF
|
$180.31 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toggle3D.ai Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 723,283 to 558,132, a change of -165,151 (-22.8%).
- Net loss of 1,030,632 reduced equity.
- Other comprehensive income increased equity by 184,574.
- Other factors increased equity by 680,907.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.03 Million | -184.66% |
| Other Comprehensive Income | $184.57K | +33.07% |
| Other Changes | $680.91K | +122.0% |
| Total Change | $- | -22.83% |
Book Value vs Market Value Analysis
This analysis compares Toggle3D.ai 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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.02 | x |
| 2021-12-31 | $0.00 | $0.02 | x |
| 2022-12-31 | $0.00 | $0.02 | x |
| 2023-12-31 | $0.02 | $0.02 | x |
| 2024-12-31 | $0.02 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toggle3D.ai 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): -184.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -137234.62%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.22x
- Recent ROE (-184.66%) is above the historical average (-277.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-173.06K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-780.19K |
| 2023 | -924.97% | -571806.15% | 0.00x | 1.44x | $-6.76 Million |
| 2024 | -184.66% | -137234.62% | 0.00x | 2.22x | $-1.09 Million |
Industry Comparison
This section compares Toggle3D.ai Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toggle3D.ai Inc. (TGGLF) | $558.13K | 0.00% | 1.22x | $181.34 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |