Technology Solutions Co
Technology Solutions Company, a software and services firm, engages in the provision of business solutions to the healthcare industry. Technology Solutions Company was incorporated in 1988 and is based in Chicago, Illinois.
Technology Solutions Co (TSCC) - Net Assets
Latest net assets as of December 2008: $9.34 Million USD
Based on the latest financial reports, Technology Solutions Co (TSCC) has net assets worth $9.34 Million USD as of December 2008.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.61 Million) and total liabilities ($1.27 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 | $9.34 Million |
| % of Total Assets | 88.07% |
| Annual Growth Rate | 2.36% |
| 5-Year Change | -77.65% |
| 10-Year Change | -94.62% |
| Growth Volatility | 95.61 |
Technology Solutions Co - Net Assets Trend (1989–2008)
This chart illustrates how Technology Solutions Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Technology Solutions Co (1989–2008)
The table below shows the annual net assets of Technology Solutions Co from 1989 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-12-31 | $9.34 Million | -8.15% |
| 2007-12-31 | $10.17 Million | -43.74% |
| 2006-12-31 | $18.08 Million | -26.65% |
| 2005-12-31 | $24.65 Million | -41.03% |
| 2004-12-31 | $41.79 Million | -5.85% |
| 2003-12-31 | $44.39 Million | -39.60% |
| 2002-12-31 | $73.49 Million | -3.45% |
| 2001-12-31 | $76.12 Million | -11.87% |
| 2000-12-31 | $86.37 Million | -50.25% |
| 1999-12-31 | $173.60 Million | +3.21% |
| 1998-12-31 | $168.20 Million | +58.98% |
| 1996-12-31 | $105.80 Million | +51.14% |
| 1995-12-31 | $70.00 Million | +35.40% |
| 1994-12-31 | $51.70 Million | -4.44% |
| 1993-12-31 | $54.10 Million | -20.44% |
| 1992-12-31 | $68.00 Million | -0.29% |
| 1991-12-31 | $68.20 Million | +370.34% |
| 1990-12-31 | $14.50 Million | +141.67% |
| 1989-12-31 | $6.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Technology Solutions Co'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 3005.5% over the analyzed period, potentially due to dividend distributions or operating losses.
- The company has 33.8% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2008)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.00K | 0.29% |
| Treasury Stock | $3.16 Million | 33.83% |
| Other Comprehensive Income | $-512.00K | -5.48% |
| Other Components | $129.21 Million | 1382.97% |
| Total Equity | $9.34 Million | 100.00% |
Technology Solutions Co Competitors by Market Cap
The table below lists competitors of Technology Solutions Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Health-Chem Corporation
PINK:HCLC
|
$0.99 |
|
Resgreen Group International Inc
PINK:RGGI
|
$0.99 |
|
GeckoSystems International Corp
PINK:GOSY
|
$1.00 |
|
OncoVista Innovative Therapies Inc
PINK:OVIT
|
$1.00 |
|
Diamond Discov Intl
PINK:DMDD
|
$0.99 |
|
Black Dragon Resource Companies Inc
PINK:BDGR
|
$0.99 |
|
SPO Networks Inc
PINK:SPOI
|
$0.99 |
|
NanoTech Gaming Inc
PINK:NTGL
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Technology Solutions Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2007 to 2008, total equity changed from 10,172,000 to 9,343,000, a change of -829,000 (-8.1%).
- Net loss of 406,000 reduced equity.
- Other comprehensive income decreased equity by 722,000.
- Other factors increased equity by 299,000.
Equity Change Factors (2007 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-406.00K | -4.35% |
| Other Comprehensive Income | $-722.00K | -7.73% |
| Other Changes | $299.00K | +3.2% |
| Total Change | $- | -8.15% |
Book Value vs Market Value Analysis
This analysis compares Technology Solutions Co'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $3.37 | $0.00 | x |
| 1990-12-31 | $8.19 | $0.00 | x |
| 1991-12-31 | $33.82 | $0.00 | x |
| 1992-12-31 | $33.40 | $0.00 | x |
| 1993-12-31 | $27.05 | $0.00 | x |
| 1994-12-31 | $27.37 | $0.00 | x |
| 1995-12-31 | $39.57 | $0.00 | x |
| 1996-12-31 | $53.25 | $0.00 | x |
| 1998-12-31 | $77.47 | $0.00 | x |
| 1999-12-31 | $82.58 | $0.00 | x |
| 2000-12-31 | $38.94 | $0.00 | x |
| 2001-12-31 | $34.64 | $0.00 | x |
| 2002-12-31 | $34.55 | $0.00 | x |
| 2003-12-31 | $21.87 | $0.00 | x |
| 2004-12-31 | $20.45 | $0.00 | x |
| 2005-12-31 | $10.49 | $0.00 | x |
| 2006-12-31 | $7.30 | $0.00 | x |
| 2007-12-31 | $4.00 | $0.00 | x |
| 2008-12-31 | $3.64 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Technology Solutions Co 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): -4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.44%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.14x
- Recent ROE (-4.35%) is above the historical average (-7.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 53.33% | 7.29% | 2.30x | 3.18x | $2.60 Million |
| 1990 | 58.62% | 16.22% | 1.83x | 1.98x | $7.05 Million |
| 1991 | 17.74% | 17.04% | 0.94x | 1.11x | $5.28 Million |
| 1992 | 8.38% | 9.12% | 0.82x | 1.12x | $-1.10 Million |
| 1993 | 0.18% | 0.19% | 0.77x | 1.28x | $-5.31 Million |
| 1994 | 6.58% | 5.17% | 1.01x | 1.26x | $-1.77 Million |
| 1995 | 6.57% | 4.71% | 1.09x | 1.28x | $-2.40 Million |
| 1996 | 14.27% | 9.15% | 1.23x | 1.27x | $4.52 Million |
| 1998 | 2.68% | 2.38% | 0.86x | 1.30x | $-12.32 Million |
| 1999 | -7.66% | -8.51% | 0.70x | 1.29x | $-30.66 Million |
| 2000 | -3.08% | -2.02% | 1.03x | 1.48x | $-11.30 Million |
| 2001 | -11.70% | -7.22% | 1.08x | 1.50x | $-16.52 Million |
| 2002 | 1.67% | 1.33% | 0.93x | 1.35x | $-6.12 Million |
| 2003 | -66.46% | -64.64% | 0.76x | 1.36x | $-33.94 Million |
| 2004 | -20.45% | -23.40% | 0.69x | 1.27x | $-12.73 Million |
| 2005 | -70.61% | -41.94% | 1.27x | 1.33x | $-19.87 Million |
| 2006 | -48.86% | -20.73% | 1.64x | 1.44x | $-10.64 Million |
| 2007 | -81.55% | -31.44% | 1.71x | 1.52x | $-9.31 Million |
| 2008 | -4.35% | -6.44% | 0.59x | 1.14x | $-1.34 Million |
Industry Comparison
This section compares Technology Solutions Co's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Technology Solutions Co (TSCC) | $9.34 Million | 53.33% | 0.14x | $0.99 |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |