Traack Technologies Inc
Traack Technologies Inc. provides business and finance advisory services for small and medium sized companies. The company focuses on creating business plans and general management consulting. Its advisory services include corporate formation and structure, business plan creation and development, business planning and expansion, strategic planning, mergers and acquisition, and business advisory s… Read more
Traack Technologies Inc (TRAA) - Net Assets
Latest net assets as of January 2025: $2.24 Million USD
Based on the latest financial reports, Traack Technologies Inc (TRAA) has net assets worth $2.24 Million USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.58 Million) and total liabilities ($346.52K). 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 | $2.24 Million |
| % of Total Assets | 86.58% |
| Annual Growth Rate | 24.98% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 160524.35 |
Traack Technologies Inc - Net Assets Trend (2006–2024)
This chart illustrates how Traack Technologies 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 Traack Technologies Inc (2006–2024)
The table below shows the annual net assets of Traack Technologies Inc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | $1.02 Million | -8.43% |
| 2023-07-31 | $1.11 Million | +3109.59% |
| 2015-07-31 | $-36.87K | -86.26% |
| 2014-07-31 | $-19.80K | +79.66% |
| 2011-07-31 | $-97.32K | +63.75% |
| 2010-07-31 | $-268.51K | -31.01% |
| 2009-07-31 | $-204.95K | -102.91% |
| 2008-07-31 | $7.04 Million | +370648.11% |
| 2007-07-31 | $1.90K | -89.65% |
| 2006-07-31 | $18.35K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Traack Technologies 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 50443700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $495.99K | 70.24% |
| Common Stock | $1.76K | 0.25% |
| Other Components | $208.35K | 29.51% |
| Total Equity | $706.11K | 100.00% |
Traack Technologies Inc Competitors by Market Cap
The table below lists competitors of Traack Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PROPHECY PLATINUM
BE:P94P
|
$3.46K |
|
BK GROUP PLC
XNAI:BKG
|
$3.46K |
|
SANGAMO BIOSCIENCES
MU:GBY
|
$3.46K |
|
CMC Investment JSC
VN:CMC
|
$3.46K |
|
Huaxia Fund Management Co.Ltd. - China Resources Youchao REIT
SHG:508077
|
$3.46K |
|
Daekyung Machinery & Engineering Co. Ltd.
KQ:015590
|
$3.46K |
|
Provexis plc
LSE:PXS
|
$3.45K |
|
Drageus Games S.A.
WAR:DRG
|
$3.45K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Traack Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 771,069 to 706,105, a change of -64,964 (-8.4%).
- Net loss of 64,963 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-64.96K | -9.2% |
| Other Changes | $-1.00 | -0.0% |
| Total Change | $- | -8.43% |
Book Value vs Market Value Analysis
This analysis compares Traack Technologies 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: 14.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 70.12x to 14.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-07-31 | $0.01 | $0.36 | x |
| 2007-07-31 | $0.01 | $0.36 | x |
| 2008-07-31 | $24.30 | $0.36 | x |
| 2009-07-31 | $-0.67 | $0.36 | x |
| 2010-07-31 | $-1.16 | $0.36 | x |
| 2011-07-31 | $-0.34 | $0.36 | x |
| 2014-07-31 | $-0.05 | $0.36 | x |
| 2015-07-31 | $-0.06 | $0.36 | x |
| 2023-07-31 | $0.03 | $0.36 | x |
| 2024-07-31 | $0.03 | $0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Traack Technologies 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): -9.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.49%
- • Asset Turnover: 1.90x
- • Equity Multiplier: 3.25x
- Recent ROE (-9.20%) is above the historical average (-87.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -46.02% | 0.00% | 0.00x | 1.03x | $-10.28K |
| 2007 | -866.00% | 0.00% | 0.00x | 1.01x | $-16.64K |
| 2008 | -2.66% | 0.00% | 0.00x | 1.04x | $-891.53K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-143.00K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-308.44K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-287.46K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.72K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-502.64K |
| 2023 | 47.90% | 8.93% | 1.46x | 3.66x | $292.20K |
| 2024 | -9.20% | -1.49% | 1.90x | 3.25x | $-135.57K |
Industry Comparison
This section compares Traack Technologies Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Traack Technologies Inc (TRAA) | $2.24 Million | -46.02% | 0.16x | $3.46K |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |