Tigi Ltd (TIGI) - Net Assets

Latest as of June 2025: ILA-4.19 Billion ILA ≈ $-11.24 Million USD

Based on the latest financial reports, Tigi Ltd (TIGI) has net assets worth ILA-4.19 Billion ILA (≈ $-11.24 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 (ILA24.51 Billion ≈ $65.70 Million USD) and total liabilities (ILA28.70 Billion ≈ $76.95 Million 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 Tigi Ltd (TIGI) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore TIGI total asset value for the complete picture of this company's asset base.

Annual Net Assets for Tigi Ltd (2020–2024)

The table below shows the annual net assets of Tigi Ltd from 2020 to 2024. For live valuation and market cap data, see Tigi Ltd market capitalisation.

Year Net Assets Change
2024-12-31 ILA2.50 Billion
≈ $6.69 Million
+4802.45%
2023-12-31 ILA-53.10 Million
≈ $-142.36K
-526.57%
2022-12-31 ILA12.45 Million
≈ $33.37K
-51.25%
2021-12-31 ILA25.53 Million
≈ $68.46K
+1345.56%
2020-12-31 ILA-2.05 Million
≈ $-5.50K
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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
Plurilock Security Inc
V:PLUR
$6.26 Million
AUXICO RESOURCES CANADA
F:A0H
$6.27 Million
Balkrishna Paper Mills Limited
NSE:BALKRISHNA
$6.28 Million
Jasnita Telekomindo Tbk PT
JK:JAST
$6.28 Million
ENEFI Energiahatekonysagi Nyrt
BUD:ENEFI
$6.25 Million
Callan JMB Inc. Common Stock
NASDAQ:CJMB
$6.25 Million
GB Group plc
LSE:GBG
$6.24 Million
Can Fite Biopharma Ltd ADR
NYSE MKT:CANF
$6.23 Million

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: 0.87x
  • 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 ILA365.50 x
2021-12-31 ILA6.55 ILA365.50 x
2022-12-31 ILA2820.01 ILA365.50 x
2023-12-31 ILA-29.10 ILA365.50 x
2024-12-31 ILA418.66 ILA365.50 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: $485,908,333
  • Average return on equity (ROE) among peers: -116.39%

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 $6.26 Million
Apollo Power Ltd (APLP) $4.10 Million -261.06% 0.66x $75.51 Million
OY Nofar Energy Ltd (NOFR) $1.44 Billion 0.30% 0.50x $1.97 Billion
Solaer Israel Ltd (SOLR) $10.20 Million -88.42% 2.95x $480.04 Million

About Tigi Ltd

TA:TIGI Israel Solar
Market Cap
$6.26 Million
ILA2.33 Billion ILA
Market Cap Rank
#27922 Global
#407 in Israel
Share Price
ILA365.50
Change (1 day)
+4.22%
52-Week Range
ILA195.00 - ILA793.40
All Time High
ILA3563.00
About

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