Fire & Gas Detection Technologies Ltd (FGAS) - Net Assets
Based on the latest financial reports, Fire & Gas Detection Technologies Ltd (FGAS) has net assets worth ILA32.98 Million ILA (≈ $88.43K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA74.77 Million ≈ $200.46K USD) and total liabilities (ILA41.79 Million ≈ $112.04K USD). 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. Check FGAS PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA32.98 Million |
| % of Total Assets | 44.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | 521.0% |
| 10-Year Change | N/A |
| Growth Volatility | 63.74 |
Fire & Gas Detection Technologies Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Fire & Gas Detection Technologies Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Fire & Gas Detection Technologies Ltd market cap and net worth.
Annual Net Assets for Fire & Gas Detection Technologies Ltd (2017–2025)
The table below shows the annual net assets of Fire & Gas Detection Technologies Ltd from 2017 to 2025. Also explore Fire & Gas Detection Technologies Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA32.98 Million ≈ $88.43K |
+72.09% |
| 2024-12-31 | ILA19.17 Million ≈ $51.38K |
+122.08% |
| 2023-12-31 | ILA8.63 Million ≈ $23.14K |
+148.92% |
| 2022-12-31 | ILA3.47 Million ≈ $9.29K |
-34.72% |
| 2021-12-31 | ILA5.31 Million ≈ $14.24K |
+49.60% |
| 2020-12-31 | ILA3.55 Million ≈ $9.52K |
+110.05% |
| 2019-12-31 | ILA-35.31 Million ≈ $-94.68K |
-119.75% |
| 2018-12-31 | ILA-16.07 Million ≈ $-43.08K |
-291.57% |
| 2017-12-31 | ILA-4.10 Million ≈ $-11.00K |
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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 8728836300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | ILA2.54 Million | 8.55% |
| Other Components | ILA118.89 Million | 400.13% |
| Total Equity | ILA29.71 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 |
|---|---|
|
Osteonic Co. Ltd
KQ:226400
|
$55.33 Million |
|
Datavan International
TWO:3521
|
$55.34 Million |
|
Nam Liong Global Corp
TWO:5450
|
$55.34 Million |
|
Mangalam Global Enterprise Limited
NSE:MGEL
|
$55.35 Million |
|
RTG Mining Inc
TO:RTG
|
$55.32 Million |
|
Daebongls.Co.Ltd
KQ:078140
|
$55.30 Million |
|
Kraft Bank Asa
OL:KRAB
|
$55.27 Million |
|
JC Chemical Co. Ltd
KQ:137950
|
$55.27 Million |
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 2024 to 2025, total equity changed from 19,165,828 to 29,713,333, a change of 10,547,505 (55.0%).
- Net loss of 4,380,517 reduced equity.
- New share issuances of 5,318,000 increased equity.
- Other comprehensive income increased equity by 2,540,118.
- Other factors increased equity by 7,069,904.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-4.38 Million | -14.74% |
| Share Issuances | ILA5.32 Million | +17.9% |
| Other Comprehensive Income | ILA2.54 Million | +8.55% |
| Other Changes | ILA7.07 Million | +23.79% |
| Total Change | ILA- | 55.03% |
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: 644.47x
- 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 |
|---|---|---|---|
| 2017-12-31 | ILA-0.41 | ILA894.50 | x |
| 2018-12-31 | ILA-1.61 | ILA894.50 | x |
| 2019-12-31 | ILA-3.53 | ILA894.50 | x |
| 2020-12-31 | ILA0.88 | ILA894.50 | x |
| 2021-12-31 | ILA0.32 | ILA894.50 | x |
| 2022-12-31 | ILA0.19 | ILA894.50 | x |
| 2023-12-31 | ILA0.44 | ILA894.50 | x |
| 2024-12-31 | ILA0.91 | ILA894.50 | x |
| 2025-12-31 | ILA1.39 | ILA894.50 | 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): -14.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.58%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.52x
- Recent ROE (-14.74%) is above the historical average (-28.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-4.91 Million |
| 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 | -30.48% | -230.54% | 0.14x | 0.93x | ILA-4.62 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 | -23.54% | -43.70% | 0.14x | 3.77x | ILA-6.43 Million |
| 2025 | -14.74% | -9.58% | 0.61x | 2.52x | ILA-7.35 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.
About Fire & Gas Detection Technologies Ltd
Fire & Gas Detection Technologies Ltd, together with its subsidiary, engages in the development, production, and marketing of optical fire and gas detectors in the United States, Europe, Australia, Asia, and internationally. Its products are used in industries that produce, manufacture, and store hazardous, flammable, and explosive materials, including fuel, gas, and petrochemical industries, as … Read more