Fire & Gas Detection Technologies Ltd
Fire & Gas Detection Technologies Ltd, together with its subsidiary, develops, manufactures, and markets optical fire and gas detectors in Israel. Its products are used in fuel, gas, and petrochemical industries, as well as other high-risk fire sites. The company was incorporated in 2017 and is based in Sderot, Israel.
Fire & Gas Detection Technologies Ltd (FGAS) - Net Assets
Latest net assets as of June 2025: ILA3.28 Million ILA
Based on the latest financial reports, Fire & Gas Detection Technologies Ltd (FGAS) has net assets worth ILA3.28 Million ILA as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA18.82 Million) and total liabilities (ILA15.54 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 | ILA3.28 Million |
| % of Total Assets | 17.44% |
| Annual Growth Rate | N/A |
| 5-Year Change | 48.5% |
| 10-Year Change | N/A |
| Growth Volatility | 76.58 |
Fire & Gas Detection Technologies Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Fire & Gas Detection Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fire & Gas Detection Technologies Ltd (2017–2024)
The table below shows the annual net assets of Fire & Gas Detection Technologies Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA5.27 Million | -38.91% |
| 2023-12-31 | ILA8.63 Million | +148.92% |
| 2022-12-31 | ILA3.47 Million | -34.72% |
| 2021-12-31 | ILA5.31 Million | +49.60% |
| 2020-12-31 | ILA3.55 Million | +110.05% |
| 2019-12-31 | ILA-35.31 Million | -119.75% |
| 2018-12-31 | ILA-16.07 Million | -291.57% |
| 2017-12-31 | ILA-4.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fire & Gas Detection Technologies Ltd'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 2307800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ILA32.78 Million | 621.78% |
| Total Equity | ILA5.27 Million | 100.00% |
Fire & Gas Detection Technologies Ltd Competitors by Market Cap
The table below lists competitors of Fire & Gas Detection Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coolpad Group Ltd
PINK:CHWTF
|
$653.29K |
|
UNB Corp
PINK:UNPA
|
$653.65K |
|
Tri-Mode System M Bhd
KLSE:0199
|
$653.68K |
|
Bagger Dave's Burger Tavern Inc
PINK:BDVB
|
$654.12K |
|
Devernois SA
PA:ALDEV
|
$652.22K |
|
Bardella SA Industrias Mecanicas
SA:BDLL3
|
$652.16K |
|
LAM RESEARCH CORP - Dusseldorf Stock Exchang
DU:LAR
|
$652.09K |
|
Sifi CJ Logistic SA
RO:CACU
|
$651.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fire & Gas Detection Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,630,000 to 5,272,000, a change of -3,358,000 (-38.9%).
- Net loss of 4,511,000 reduced equity.
- New share issuances of 723,000 increased equity.
- Other factors increased equity by 430,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-4.51 Million | -85.57% |
| Share Issuances | ILA723.00K | +13.71% |
| Other Changes | ILA430.00K | +8.16% |
| Total Change | ILA- | -38.91% |
Book Value vs Market Value Analysis
This analysis compares Fire & Gas Detection Technologies Ltd'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: 3963.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA-1.11 | ILA992.30 | x |
| 2019-12-31 | ILA-2.44 | ILA992.30 | x |
| 2020-12-31 | ILA0.27 | ILA992.30 | x |
| 2021-12-31 | ILA0.32 | ILA992.30 | x |
| 2022-12-31 | ILA0.19 | ILA992.30 | x |
| 2023-12-31 | ILA0.44 | ILA992.30 | x |
| 2024-12-31 | ILA0.25 | ILA992.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fire & Gas Detection Technologies Ltd 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): -85.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.70%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 3.77x
- Recent ROE (-85.57%) is below the historical average (-53.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -16414.81% | 0.01x | 0.00x | ILA-11.69 Million |
| 2019 | 0.00% | -763.95% | 0.19x | 0.00x | ILA-19.08 Million |
| 2020 | -98.00% | -230.54% | 0.14x | 2.98x | ILA-3.83 Million |
| 2021 | -89.09% | -158.21% | 0.23x | 2.47x | ILA-5.26 Million |
| 2022 | -81.68% | -50.41% | 0.52x | 3.12x | ILA-3.18 Million |
| 2023 | -18.90% | -18.19% | 0.50x | 2.09x | ILA-2.49 Million |
| 2024 | -85.57% | -43.70% | 0.52x | 3.77x | ILA-5.04 Million |
Industry Comparison
This section compares Fire & Gas Detection Technologies Ltd's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
No peer company data available for comparison.