Trulite Inc
Trulite, Inc., a development stage company, engages in the development, production, sourcing, marketing, and sale of portable, semi-portable and stationary products, components, and systems that generate powers for off-grid applications in the United States. The company offers hydrogen fuel cells, photovoltaic solar panels, wind micro-turbines, batteries, charge controllers, and inverters. It pro… Read more
Trulite Inc (TRUL) - Net Assets
Latest net assets as of March 2023: $25.80K USD
Based on the latest financial reports, Trulite Inc (TRUL) has net assets worth $25.80K USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($38.16K) and total liabilities ($12.36K). 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 | $25.80K |
| % of Total Assets | 67.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 345.61 |
Trulite Inc - Net Assets Trend (2004–2007)
This chart illustrates how Trulite 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 Trulite Inc (2004–2007)
The table below shows the annual net assets of Trulite Inc from 2004 to 2007.
| Year | Net Assets | Change |
|---|---|---|
| 2007-12-31 | $-220.61K | +81.50% |
| 2006-12-31 | $-1.19 Million | -507.99% |
| 2005-12-31 | $292.33K | +183.24% |
| 2004-12-31 | $103.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trulite 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 1491763600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2007)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.12K | % |
| Other Components | $15.57 Million | % |
| Total Equity | $-220.61K | 100.00% |
Trulite Inc Competitors by Market Cap
The table below lists competitors of Trulite Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CN OCEANWIDE (HRH.SG)
STU:HRH
|
$9.94 |
|
TERTIARY MINERALS (TMU.SG)
STU:TMU
|
$9.95 |
|
PreVu Inc
PINK:PRVU
|
$10.06 |
|
TOGIW
PINK:TOGIW
|
$10.08 |
|
AFRICAN CONSOL RES
BE:D9A
|
$9.89 |
|
VAST RESOURCES (D9A.SG)
STU:D9A
|
$9.86 |
|
MIE HOLDINGS
BE:19MA
|
$9.85 |
|
Britannia Bulk Holdings Inc
PINK:BBLKF
|
$9.84 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trulite Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2006 to 2007, total equity changed from -1,192,656 to -220,611, a change of 972,045.
- Net loss of 5,157,530 reduced equity.
- Share repurchases of 1,426,188 reduced equity.
- Other factors increased equity by 7,555,763.
Equity Change Factors (2006 to 2007)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.16 Million | -2337.84% |
| Share Repurchases | $1.43 Million | -646.47% |
| Other Changes | $7.56 Million | +3424.93% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Trulite 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 |
|---|---|---|---|
| 2004-12-31 | $0.03 | $0.00 | x |
| 2005-12-31 | $0.08 | $0.00 | x |
| 2006-12-31 | $-0.13 | $0.00 | x |
| 2007-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trulite 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: -178894.55%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-283.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -850.73% | -50172.69% | 0.01x | 1.48x | $-888.34K |
| 2005 | -282.46% | -4954.08% | 0.05x | 1.15x | $-854.93K |
| 2006 | 0.00% | -41608.38% | 0.02x | 0.00x | $-3.35 Million |
| 2007 | 0.00% | -178894.55% | 0.01x | 0.00x | $-5.14 Million |
Industry Comparison
This section compares Trulite 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 |
|---|---|---|---|---|
| Trulite Inc (TRUL) | $25.80K | -850.73% | 0.48x | $9.91 |
| 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 |