ThermaFreeze Products Corporation
ThermaFreeze Products Corporation manufactures and distributes hydratable ice sheets. The company offers ThermaFreeze, a reusable ice solution for various applications. It also provides industrial gel pack rolls, 1 ounce cubes, 4 ounce cubes, Therma-wraps and accessories, and retail packaged products. The company offers its products for perishable shipping, sports therapy, personal use, outdoors,… Read more
ThermaFreeze Products Corporation (TZPC) - Net Assets
Latest net assets as of June 2025: $-2.03 Million USD
Based on the latest financial reports, ThermaFreeze Products Corporation (TZPC) has net assets worth $-2.03 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.18K) and total liabilities ($2.04 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 | $-2.03 Million |
| % of Total Assets | -28303.55% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ThermaFreeze Products Corporation - Net Assets Trend (2007–2024)
This chart illustrates how ThermaFreeze Products Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ThermaFreeze Products Corporation (2007–2024)
The table below shows the annual net assets of ThermaFreeze Products Corporation from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.03 Million | 0.00% |
| 2023-12-31 | $-2.03 Million | -0.41% |
| 2022-12-31 | $-2.02 Million | +4.74% |
| 2021-12-31 | $-2.12 Million | -3.25% |
| 2020-12-31 | $-2.05 Million | -2.51% |
| 2019-12-31 | $-2.00 Million | -4.07% |
| 2018-12-31 | $-1.92 Million | -22.95% |
| 2011-12-31 | $-1.56 Million | -86.52% |
| 2010-12-31 | $-838.59K | -226.81% |
| 2007-12-31 | $661.29K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ThermaFreeze Products Corporation'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 932388700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $44.62K | % |
| Other Components | $7.94 Million | % |
| Total Equity | $-2.03 Million | 100.00% |
ThermaFreeze Products Corporation Competitors by Market Cap
The table below lists competitors of ThermaFreeze Products Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ecclesiastical Insurance Office plc
LSE:ELLA
|
$168.46 |
|
Dental Patient Care America Inc
PINK:DPAT
|
$168.71 |
|
Dewan Sugar Mills Ltd
KAR:DWSM
|
$168.79 |
|
UMEME LIMITED
USE:UMEM
|
$168.83 |
|
Houston Natural Resources Corp
PINK:HNRC
|
$168.43 |
|
HENGDELI HLDGS (XYUA.SG)
STU:XYUA
|
$167.80 |
|
SSLJ.com Ltd
OTCMKTS:YGTYF
|
$167.23 |
|
RED STAR EXPRESS PLC
XNSA:REDSTAREX
|
$167.11 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ThermaFreeze Products Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,025,996 to -2,026,057, a change of -61.
- Net loss of 8,398 reduced equity.
- Other factors increased equity by 8,337.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.40K | -0.41% |
| Other Changes | $8.34K | +0.41% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares ThermaFreeze Products Corporation'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 |
|---|---|---|---|
| 2011-12-31 | $-0.04 | $0.02 | x |
| 2018-12-31 | $-0.05 | $0.02 | x |
| 2019-12-31 | $-0.05 | $0.02 | x |
| 2020-12-31 | $-0.05 | $0.02 | x |
| 2021-12-31 | $-0.05 | $0.02 | x |
| 2022-12-31 | $-0.05 | $0.02 | x |
| 2023-12-31 | $-0.05 | $0.02 | x |
| 2024-12-31 | $-0.05 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ThermaFreeze Products Corporation 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-10.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -102.17% | -2341.02% | 0.03x | 1.43x | $-741.79K |
| 2010 | 0.00% | -516.51% | 1.20x | 0.00x | $-1.97 Million |
| 2011 | 0.00% | -792.67% | 1.59x | 0.00x | $-3.64 Million |
| 2018 | 0.00% | -109.92% | 5.64x | 0.00x | $38.31K |
| 2019 | 0.00% | -44.33% | 7.77x | 0.00x | $121.92K |
| 2020 | 0.00% | -24.68% | 3.20x | 0.00x | $155.01K |
| 2021 | 0.00% | -45.49% | 9.81x | 0.00x | $145.08K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $276.18K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $194.20K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $194.21K |
Industry Comparison
This section compares ThermaFreeze Products Corporation's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ThermaFreeze Products Corporation (TZPC) | $-2.03 Million | -102.17% | N/A | $168.43 |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $605.72 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.72 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $13.11 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $16.41 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.67 Billion |