Tigi Ltd
Tigi Ltd. engages in the provision of renewable heat solutions to industrial, commercial and district heating users in Israel. The company offers heating solution, including solar thermal collectors, industrial heat pumps, and thermal storage, as well as smart cloud control that measure, analyze, control, and optimize. It provides its services to the food and beverage, tourism, healthcare, pharma… Read more
Tigi Ltd (TIGI) - Net Assets
Latest net assets as of June 2025: ILA-4.19 Billion ILA
Based on the latest financial reports, Tigi Ltd (TIGI) has net assets worth ILA-4.19 Billion ILA as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA24.51 Billion) and total liabilities (ILA28.70 Billion). 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 | ILA-4.19 Billion |
| % of Total Assets | -17.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 237.66 |
Tigi Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Tigi 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 Tigi Ltd (2020–2024)
The table below shows the annual net assets of Tigi Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA2.50 Billion | +4802.45% |
| 2023-12-31 | ILA-53.10 Million | -526.57% |
| 2022-12-31 | ILA12.45 Million | -51.25% |
| 2021-12-31 | ILA25.53 Million | +1345.56% |
| 2020-12-31 | ILA-2.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tigi 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 9670607800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | ILA2.59 Billion | 125.70% |
| Other Components | ILA96.22 Billion | 4666.25% |
| Total Equity | ILA2.06 Billion | 100.00% |
Tigi Ltd Competitors by Market Cap
The table below lists competitors of Tigi Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Judges Scientific Plc
LSE:JDG
|
$34.04K |
|
Maptelligent Inc
PINK:MAPT
|
$34.04K |
|
Hye Technology Co.,Ltd
TWO:6877
|
$34.06K |
|
Goldkey Technology Corporation
TW:3135
|
$34.06K |
|
DEAG Deutsche Entertainment Aktiengesellschaft
HM:LOU
|
$34.02K |
|
Munro Global Growth Fund (Hedged Fund)
AU:MAET
|
$34.02K |
|
THRACE PLA.H.+C.NAM.EO-66
STU:TP3
|
$34.00K |
|
TOKAI TOKYO HLDGS
BE:TO91
|
$33.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tigi Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -118,900,000 to 2,061,999,000, a change of 2,180,899,000.
- Net loss of 15,998,000 reduced equity.
- Other comprehensive income decreased equity by 4,471,000,000.
- Other factors increased equity by 6,667,897,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-16.00 Million | -0.78% |
| Other Comprehensive Income | ILA-4.47 Billion | -216.83% |
| Other Changes | ILA6.67 Billion | +323.37% |
| Total Change | ILA- | % |
Book Value vs Market Value Analysis
This analysis compares Tigi 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: 0.47x
- 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 |
|---|---|---|---|
| 2020-12-31 | ILA-1.01 | ILA195.00 | x |
| 2021-12-31 | ILA6.55 | ILA195.00 | x |
| 2022-12-31 | ILA2820.01 | ILA195.00 | x |
| 2023-12-31 | ILA-29.10 | ILA195.00 | x |
| 2024-12-31 | ILA418.66 | ILA195.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tigi 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): -0.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -212.54%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 14.87x
- Recent ROE (-0.78%) is above the historical average (-9.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -22.86% | 2.62x | 0.00x | ILA-664.20K |
| 2021 | -44.15% | -554.39% | 0.06x | 1.23x | ILA-13.71 Million |
| 2022 | -0.12% | -516.52% | 0.13x | 0.00x | ILA-1.17 Billion |
| 2023 | 0.00% | -435.01% | 0.15x | 0.00x | ILA-1.32 Billion |
| 2024 | -0.78% | -212.54% | 0.00x | 14.87x | ILA-222.20 Million |
Industry Comparison
This section compares Tigi Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $127,993,667
- Average return on equity (ROE) among peers: -17.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tigi Ltd (TIGI) | ILA-4.19 Billion | 0.00% | N/A | $34.03K |
| Apollo Power Ltd (APLP) | $179.60 Million | -48.26% | 0.50x | $784.30K |
| OY Nofar Energy Ltd (NOFR) | $19.58 Million | 11.22% | 2.90x | $16.42 Million |
| Solaer Israel Ltd (SOLR) | $184.80 Million | -15.59% | 4.60x | $3.59 Million |