Turner Venture Group Inc
Turner Valley Oil & Gas, Inc. does not have significant operations. Previously, the company was involved in the exploration, development, and production of oil and gas properties in Alberta, Canada. It intends to acquire assets or a business unit within the health, wellness, sanitation, infrastructure, and supply chain technology segments. The company was formerly known as NetParts.com. Turner Va… Read more
Turner Venture Group Inc (TVOG) - Net Assets
Latest net assets as of December 2016: $-301.46 USD
Based on the latest financial reports, Turner Venture Group Inc (TVOG) has net assets worth $-301.46 USD as of December 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.26) and total liabilities ($301.72). 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 | $-301.46 |
| % of Total Assets | -115946.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -126.58% |
| Growth Volatility | 263.72 |
Turner Venture Group Inc - Net Assets Trend (2000–2021)
This chart illustrates how Turner Venture Group 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 Turner Venture Group Inc (2000–2021)
The table below shows the annual net assets of Turner Venture Group Inc from 2000 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-302.90K | +35.39% |
| 2020-12-31 | $-468.84K | -0.97% |
| 2019-12-31 | $-464.31K | -153920.10% |
| 2016-12-31 | $-301.46 | +38.20% |
| 2015-12-31 | $-487.76 | +99.87% |
| 2014-12-31 | $-386.23K | +2.76% |
| 2013-12-31 | $-397.18K | -636.14% |
| 2008-12-31 | $74.08K | 0.00% |
| 2007-12-31 | $74.08K | -93.50% |
| 2006-12-31 | $1.14 Million | +178.16% |
| 2005-12-31 | $409.66K | +100.77% |
| 2004-12-31 | $204.05K | -34.13% |
| 2003-12-31 | $309.77K | +1726.76% |
| 2000-12-31 | $-19.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Turner Venture Group 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 724318300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $211.79K | % |
| Other Components | $6.83 Million | % |
| Total Equity | $-302.90K | 100.00% |
Turner Venture Group Inc Competitors by Market Cap
The table below lists competitors of Turner Venture Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YIK Corp.
KO:232140
|
$63.93K |
|
NOMURA HLDG - Dusseldorf Stock Exchang
DU:NSE
|
$63.97K |
|
EQTL3F
SA:EQTL3F
|
$64.00K |
|
Xiwang Special Steel Company Limited
F:2XI
|
$64.01K |
|
REGENBOGEN - Dusseldorf Stock Exchang
DU:RGB
|
$63.86K |
|
POND TECHS HLDGS
F:4O0
|
$63.85K |
|
Grindr Inc. Warrant
NYSE:GRND-WT
|
$63.82K |
|
ITUB3F
SA:ITUB3F
|
$63.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turner Venture Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -468,836 to -302,898, a change of 165,938.
- Net loss of 300,059 reduced equity.
- Other comprehensive income decreased equity by 29,310.
- Other factors increased equity by 495,307.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-300.06K | -99.06% |
| Other Comprehensive Income | $-29.31K | -9.68% |
| Other Changes | $495.31K | +163.52% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Turner Venture Group 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 |
|---|---|---|---|
| 1999-12-31 | $0.00 | $0.00 | x |
| 2000-12-31 | $0.00 | $0.00 | x |
| 2001-12-31 | $0.00 | $0.00 | x |
| 2002-12-31 | $0.00 | $0.00 | x |
| 2003-12-31 | $0.00 | $0.00 | x |
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turner Venture Group 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: -329735.16%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-219.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -1182.13% | 0.00% | 0.00x | 1.00x | $-97.75K |
| 2000 | 0.00% | -2724.20% | 0.84x | 0.00x | $-25.34K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-56.94K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.23 Million |
| 2003 | -367.30% | 0.00% | 0.00x | 1.00x | $-1.17 Million |
| 2004 | -384.22% | -9310.07% | 0.03x | 1.21x | $-804.41K |
| 2005 | -115.44% | -28836.40% | 0.00x | 1.07x | $-513.88K |
| 2006 | -25.21% | -2927.10% | 0.01x | 1.38x | $-401.19K |
| 2007 | -829.21% | -14748.91% | 0.04x | 1.38x | $-621.70K |
| 2008 | -829.21% | -14748.91% | 0.04x | 1.38x | $-621.70K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $9.44K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $20.02K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $3.28 |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-48.73 |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-290.68K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-162.74K |
| 2021 | 0.00% | -329735.16% | 0.00x | 0.00x | $-269.77K |
Industry Comparison
This section compares Turner Venture Group Inc's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,984,957,715
- Average return on equity (ROE) among peers: 1.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turner Venture Group Inc (TVOG) | $-301.46 | -1182.13% | N/A | $63.89K |
| Acme United Corporation (ACU) | $25.35 Million | 10.15% | 0.96x | $128.30 Million |
| Beiersdorf Aktiengesellschaft (BDRFF) | $4.20 Billion | 15.71% | 0.65x | $11.93 Billion |
| Science to Consumers Inc (BEUT) | $-3.05K | 0.00% | 0.00x | $1.09K |
| Société BIC SA (BICEY) | $1.18 Billion | 11.18% | 0.32x | $566.61 Million |
| Blue Moon Group Holdings Limited (BLUMY) | $8.66 Billion | -8.65% | 0.19x | $1.01 Billion |
| Bemax Inc (BMXC) | $1.50K | -133.51% | 1.67x | $3.63K |
| Bruush Oral Care Inc. (BRSHF) | $-216.93K | 0.00% | 0.00x | $335.48 |
| Park Ha Biological Technology Co., Ltd. (BYAH) | $-578.18K | 0.00% | 0.00x | $11.76 Million |
| Church & Dwight Company Inc (CHD) | $3.86 Billion | 19.60% | 1.22x | $22.59 Billion |
| Colgate-Palmolive Company (CL) | $1.92 Billion | 101.83% | 4.19x | $66.02 Billion |