Transportation and Logistics System
Transportation and Logistics Systems, Inc., through its subsidiaries, provides transportation and logistics services in the United States. The company offers asset-based logistics and transportation services, including ecommerce fulfillment, last mile delivery, two-person home delivery, mid-mile, and long-haul services, as well as pickup, warehousing, and delivery services. The company operates w… Read more
Transportation and Logistics System (TLSS) - Net Assets
Latest net assets as of September 2025: $-9.07 Million USD
Based on the latest financial reports, Transportation and Logistics System (TLSS) has net assets worth $-9.07 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 ($47.43K) and total liabilities ($9.12 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 | $-9.07 Million |
| % of Total Assets | -19116.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 107.54 |
Transportation and Logistics System - Net Assets Trend (2010–2024)
This chart illustrates how Transportation and Logistics System's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Transportation and Logistics System (2010–2024)
The table below shows the annual net assets of Transportation and Logistics System from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-11.89 Million | -48.70% |
| 2023-12-31 | $-8.00 Million | -245.41% |
| 2022-12-31 | $5.50 Million | -35.42% |
| 2021-12-31 | $8.52 Million | +153.18% |
| 2020-12-31 | $-16.01 Million | -24.27% |
| 2019-12-31 | $-12.89 Million | -66.55% |
| 2018-12-31 | $-7.74 Million | -898.18% |
| 2017-12-31 | $-775.14K | -300.94% |
| 2016-12-31 | $-193.33K | -0.17% |
| 2015-12-31 | $-193.00K | -132.02% |
| 2014-12-31 | $602.73K | +41.87% |
| 2013-12-31 | $424.85K | +1323.36% |
| 2012-12-31 | $-34.73K | -35.44% |
| 2010-12-31 | $-25.64K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transportation and Logistics System'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 14642059600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.89 Million | % |
| Other Components | $128.69 Million | % |
| Total Equity | $-11.89 Million | 100.00% |
Transportation and Logistics System Competitors by Market Cap
The table below lists competitors of Transportation and Logistics System ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LIBERTY DEFENSE H
F:LD2A
|
$588.98K |
|
SunocoCorp LLC
NYSE:SUNC
|
$589.10K |
|
Khandwala Securities Limited
NSE:KHANDSE
|
$589.19K |
|
BOISE CASCADE
BE:BC0
|
$589.49K |
|
RareX Limited
OTCQB:REEEF
|
$588.92K |
|
West Mining Corp
PINK:WESMF
|
$588.88K |
|
BONGRAIN
BE:BGJ
|
$588.40K |
|
Powell Max Limited Class A Ordinary Shares
NASDAQ:PMAX
|
$587.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transportation and Logistics System's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -7,997,436 to -11,892,017, a change of -3,894,581.
- Net loss of 3,824,470 reduced equity.
- Dividend payments of 128,208 reduced retained earnings.
- Other factors increased equity by 58,097.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.82 Million | -32.16% |
| Dividends Paid | $128.21K | -1.08% |
| Other Changes | $58.10K | +0.49% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Transportation and Logistics System'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 |
|---|---|---|---|
| 2010-12-31 | $-0.21 | $0.00 | x |
| 2012-12-31 | $-0.31 | $0.00 | x |
| 2013-12-31 | $4.57 | $0.00 | x |
| 2014-12-31 | $5.73 | $0.00 | x |
| 2016-12-31 | $-1.81 | $0.00 | x |
| 2017-12-31 | $-1.43 | $0.00 | x |
| 2018-12-31 | $-3.08 | $0.00 | x |
| 2019-12-31 | $-1.35 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transportation and Logistics System 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-18.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.14K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.84K |
| 2013 | -3.66% | 0.00% | 0.00x | 1.15x | $-58.03K |
| 2014 | -166.51% | 0.00% | 0.00x | 1.26x | $-1.06 Million |
| 2016 | 0.00% | -874.57% | 12.42x | 0.00x | $-1.24 Million |
| 2017 | 0.00% | -57.23% | 3.60x | 0.00x | $-667.29K |
| 2018 | 0.00% | -79.91% | 2.52x | 0.00x | $-13.70 Million |
| 2019 | 0.00% | -165.86% | 7.25x | 0.00x | $-50.72 Million |
| 2020 | 0.00% | -196.35% | 7.31x | 0.00x | $-49.11 Million |
| 2021 | 73.45% | 113.82% | 0.58x | 1.12x | $5.40 Million |
| 2022 | -146.84% | -104.28% | 0.36x | 3.87x | $-8.63 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.46 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.64 Million |
Industry Comparison
This section compares Transportation and Logistics System's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $275,826,894
- Average return on equity (ROE) among peers: -61.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transportation and Logistics System (TLSS) | $-9.07 Million | 0.00% | N/A | $588.94K |
| ArcBest Corp (ARCB) | $233.70 Million | 8.69% | 0.92x | $1.88 Billion |
| BEST Inc (BEST) | $1.72 Billion | -97.58% | 10.50x | $56.09 Million |
| Celadon Group Inc (CGIP) | $53.94 Million | 3.17% | 2.52x | $2.72K |
| Covenant Logistics Group, Inc. (CVLG) | $167.82 Million | 7.08% | 1.33x | $367.33 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $2.63 Million |
| EVO Transportation & Energy Services Inc (EVOA) | $-153.04K | 0.00% | 0.00x | $37.78 Million |
| Knight Transportation Inc (KNX) | $352.93 Million | 17.49% | 0.37x | $8.27 Billion |
| Link Reservations Inc (LRSV) | $-162.49K | 0.00% | 0.00x | $9.26 |
| Mogul Energy International Inc (MGUY) | $1.22 Million | -49.02% | 0.33x | $61.05K |
| Mullen Group Ltd (MLLGF) | $224.33 Million | 14.45% | 0.70x | $744.68 Million |