Trendline (TREN) - Net Assets

Latest as of June 2019: ILA109.89 Million ILA ≈ $294.61K USD

Based on the latest financial reports, Trendline (TREN) has net assets worth ILA109.89 Million ILA (≈ $294.61K USD) as of June 2019. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA153.25 Million ≈ $410.84K USD) and total liabilities (ILA43.35 Million ≈ $116.23K 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 financial resilience of Trendline to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ILA109.89 Million
% of Total Assets	71.71%
Annual Growth Rate	8.26%
5-Year Change	20.37%
10-Year Change	120.7%
Growth Volatility	10.41

Trendline - Net Assets Trend (2003–2018)

This chart illustrates how Trendline's net assets have evolved over time, based on quarterly financial data. Also explore Trendline total assets for the complete picture of this company's asset base.

Annual Net Assets for Trendline (2003–2018)

The table below shows the annual net assets of Trendline from 2003 to 2018. For live valuation and market cap data, see market value of Trendline.

Year	Net Assets	Change
2018-12-31	ILA106.61 Million ≈ $285.82K	+15.42%
2017-12-31	ILA92.37 Million ≈ $247.63K	+5.60%
2016-12-31	ILA87.47 Million ≈ $234.49K	+5.89%
2015-12-31	ILA82.60 Million ≈ $221.46K	-6.74%
2014-12-31	ILA88.57 Million ≈ $237.45K	+6.69%
2013-12-31	ILA83.01 Million ≈ $222.55K	+2.41%
2012-12-31	ILA81.06 Million ≈ $217.32K	+3.48%
2011-12-31	ILA78.34 Million ≈ $210.02K	+37.55%
2010-12-31	ILA56.95 Million ≈ $152.69K	+17.90%
2009-12-31	ILA48.31 Million ≈ $129.51K	+7.64%
2008-12-31	ILA44.88 Million ≈ $120.31K	+22.73%
2007-12-31	ILA36.57 Million ≈ $98.03K	+1.92%
2006-12-31	ILA35.88 Million ≈ $96.19K	+5.75%
2005-12-31	ILA33.93 Million ≈ $90.96K	+3.46%
2004-12-31	ILA32.79 Million ≈ $87.92K	+1.14%
2003-12-31	ILA32.42 Million ≈ $86.92K	--

Equity Component Analysis

This analysis shows how different components contribute to Trendline'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 grown by 1704.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2018)

Component	Amount	Percentage
Retained Earnings	ILA85.60 Million	81.22%
Common Stock	ILA2.02 Million	1.92%
Other Components	ILA17.78 Million	16.86%
Total Equity	ILA105.40 Million	100.00%

Trendline Competitors by Market Cap

The table below lists competitors of Trendline ranked by their market capitalization.

Company	Market Cap
Precio Fishbone AB (publ) ST:PRCO-B	$19.35 Million
Unique Mining Services Public Company Limited BK:UMS	$19.36 Million
Plaza Wires Limited NSE:PLAZACABLE	$19.36 Million
NB Distressed Debt Inv Extended Life LSE:NBDX	$19.37 Million
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS IS:AVTUR	$19.32 Million
ChoA Pharmaceutical Co.Ltd KQ:034940	$19.32 Million
Innovative Rfk SpA PA:MLIRF	$19.29 Million
Daesung Microbiological Labs. Co. Ltd KQ:036480	$19.29 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Trendline's equity between the two most recent reporting periods.

Equity Growth Insights

From 2017 to 2018, total equity changed from 92,983,000 to 105,402,000, a change of 12,419,000 (13.4%).
Net income of 18,583,000 contributed positively to equity growth.
Dividend payments of 6,000,000 reduced retained earnings.

Equity Change Factors (2017 to 2018)

Factor	Impact	Contribution
Net Income	ILA18.58 Million	+17.63%
Dividends Paid	ILA6.00 Million	-5.69%
Other Changes	ILA-164.00K	-0.16%
Total Change	ILA-	13.36%

Book Value vs Market Value Analysis

This analysis compares Trendline'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.

Insufficient data available to analyze book value vs market value.

Capital Efficiency Dashboard

This dashboard shows how efficiently Trendline 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): 17.63%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 21.72%
• Asset Turnover: 0.57x
• Equity Multiplier: 1.43x
Recent ROE (17.63%) is below the historical average (21.21%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	18.54%	22.71%	0.63x	1.29x	ILA2.77 Million
2004	15.44%	16.73%	0.70x	1.32x	ILA1.78 Million
2005	16.70%	15.61%	0.79x	1.35x	ILA2.23 Million
2006	29.10%	21.67%	0.89x	1.51x	ILA6.80 Million
2007	43.63%	27.18%	1.06x	1.51x	ILA12.30 Million
2008	31.77%	21.79%	1.02x	1.42x	ILA9.69 Million
2009	40.57%	28.71%	0.97x	1.46x	ILA14.62 Million
2010	32.56%	24.88%	0.87x	1.51x	ILA12.80 Million
2011	38.19%	35.27%	0.70x	1.54x	ILA22.04 Million
2012	13.51%	13.09%	0.66x	1.57x	ILA2.83 Million
2013	13.07%	13.12%	0.64x	1.55x	ILA2.52 Million
2014	10.68%	11.43%	0.61x	1.53x	ILA599.70K
2015	-4.89%	-5.20%	0.62x	1.52x	ILA-12.22 Million
2016	10.47%	11.90%	0.58x	1.52x	ILA414.00K
2017	12.43%	15.90%	0.56x	1.41x	ILA2.26 Million
2018	17.63%	21.72%	0.57x	1.43x	ILA8.04 Million

Industry Comparison

This section compares Trendline's net assets metrics with peer companies in the Professional & Commercial Services industry.

Industry Context

Industry: Professional & Commercial Services
Average net assets among peers: $5,310,000
Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Trendline (TREN)	ILA109.89 Million	18.54%	0.39x	$19.35 Million
Infimer Ltd (INFR)	$5.31 Million	0.00%	15.87x	$7.70 Million

About Trendline

TA:TREN Israel Professional & Commercial Services

Market Cap

$19.35 Million

ILA7.22 Billion ILA

Market Cap Rank

#25126 Global

#368 in Israel

Share Price

ILA840.10

Change (1 day)

+0.00%

52-Week Range

ILA690.00 - ILA848.50

All Time High

ILA1839.25