TurnOnGreen, Inc
TurnOnGreen, Inc, through its subsidiaries, designs, develops, manufactures, and sells power conversion systems for mission-critical applications. It provides EV700 (SMUD), a non-networked electric vehicle (EV) charger with custom configuration capabilities; Level 2 electric vehicle chargers for commercial charging; and DC Fast Charger, a user-friendly charger management system that allows for re… Read more
TurnOnGreen, Inc (TOGI) - Net Assets
Latest net assets as of September 2025: $-7.43 Million USD
Based on the latest financial reports, TurnOnGreen, Inc (TOGI) has net assets worth $-7.43 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 ($2.73 Million) and total liabilities ($10.16 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 | $-7.43 Million |
| % of Total Assets | -271.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 142.62 |
TurnOnGreen, Inc - Net Assets Trend (2016–2024)
This chart illustrates how TurnOnGreen, 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 TurnOnGreen, Inc (2016–2024)
The table below shows the annual net assets of TurnOnGreen, Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-30.73 Million | -594.35% |
| 2023-12-31 | $-4.43 Million | -374.57% |
| 2022-12-31 | $1.61 Million | -46.09% |
| 2021-12-31 | $2.99 Million | +5783.55% |
| 2020-12-31 | $-52.61K | -731.09% |
| 2019-12-31 | $-6.33K | -107.35% |
| 2018-12-31 | $86.15K | +164.60% |
| 2016-12-31 | $-133.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TurnOnGreen, 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 4708141254800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $184.00 Million | % |
| Other Components | $16.17 Billion | % |
| Total Equity | $-30.73 Billion | 100.00% |
TurnOnGreen, Inc Competitors by Market Cap
The table below lists competitors of TurnOnGreen, Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ReTo Eco-Solutions Inc
NASDAQ:RETO
|
$874.65K |
|
BDCC
PINK:BDCC
|
$875.45K |
|
Tijaria Polypipes Limited
NSE:TIJARIA
|
$876.80K |
|
Cinis Fertilizer AB
ST:CINIS
|
$877.76K |
|
Red Metal Resources Ltd
PINK:RMESF
|
$873.32K |
|
Realites
PA:ALREA
|
$872.68K |
|
Adamant DRI Processing and Minerals Group
PINK:ADMG
|
$872.61K |
|
Classic Minerals Ltd
AU:CLZ
|
$872.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TurnOnGreen, Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,426,000 to -30,732,000,000, a change of -30,727,574,000.
- Net loss of 3,973,000 reduced equity.
- Dividend payments of 2,667,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 183,998.
- Other factors decreased equity by 28,056,784,998.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.97 Million | -0.01% |
| Dividends Paid | $2.67 Billion | -8.68% |
| Other Comprehensive Income | $184.00K | +0.0% |
| Other Changes | $-28.06 Billion | -91.3% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares TurnOnGreen, 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $-0.01 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.00 | $0.01 | x |
| 2021-12-31 | $0.02 | $0.01 | x |
| 2022-12-31 | $0.03 | $0.01 | x |
| 2023-12-31 | $-0.02 | $0.01 | x |
| 2024-12-31 | $-167.07 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TurnOnGreen, 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -80.88%
- • Asset Turnover: 1.79x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-78.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -259.40% | 0.16x | 0.00x | $-38.08K |
| 2017 | -47.61% | -346.02% | 0.14x | 1.00x | $-33.03K |
| 2018 | -333.33% | -308.76% | 0.58x | 1.86x | $-295.79K |
| 2019 | 0.00% | -21178.14% | 0.01x | 0.00x | $-169.85K |
| 2020 | 0.00% | -159579.31% | 0.00x | 0.00x | $-41.02K |
| 2021 | -61.10% | -34.18% | 1.21x | 1.48x | $-2.13 Million |
| 2022 | -261.79% | -76.42% | 0.83x | 4.13x | $-4.38 Million |
| 2023 | 0.00% | -115.07% | 0.89x | 0.00x | $-4.39 Million |
| 2024 | 0.00% | -80.88% | 1.79x | 0.00x | $3.07 Billion |
Industry Comparison
This section compares TurnOnGreen, Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TurnOnGreen, Inc (TOGI) | $-7.43 Million | 0.00% | N/A | $874.15K |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |