Tera Light Ltd
Tera Light Ltd engages in the construction, operation, and maintenance of photovoltaic systems in Israel. The company engages in the provision of large ground-based photovoltaic installations; and construction, operation, and maintenance of small dual-use solar systems, such as solar systems installed on roofs and fences. It also invests in renewable energy. The company was incorporated in 2021 a… Read more
Tera Light Ltd (TRLT) - Net Assets
Latest net assets as of September 2025: ILA382.47 Million ILA
Based on the latest financial reports, Tera Light Ltd (TRLT) has net assets worth ILA382.47 Million ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.30 Billion) and total liabilities (ILA919.08 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 | ILA382.47 Million |
| % of Total Assets | 29.39% |
| Annual Growth Rate | 142.72% |
| 5-Year Change | 387.74% |
| 10-Year Change | N/A |
| Growth Volatility | 631.18 |
Tera Light Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Tera Light 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 Tera Light Ltd (2019–2024)
The table below shows the annual net assets of Tera Light Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA369.33 Million | -12.90% |
| 2023-12-31 | ILA424.03 Million | +15.24% |
| 2022-12-31 | ILA367.95 Million | +1.15% |
| 2021-12-31 | ILA363.77 Million | +380.39% |
| 2020-12-31 | ILA75.72 Million | +1630.44% |
| 2019-12-31 | ILA4.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tera Light 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 7112500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA119.73 Million | 39.47% |
| Other Comprehensive Income | ILA260.63 Million | 85.92% |
| Total Equity | ILA303.36 Million | 100.00% |
Tera Light Ltd Competitors by Market Cap
The table below lists competitors of Tera Light Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Erria A/S
CO:ERRIA
|
$3.62 Million |
|
MSB Global Group Berhad
KLSE:0350
|
$3.62 Million |
|
CN Asia Corporation Bhd
KLSE:7986
|
$3.62 Million |
|
AquaBounty Technologies Inc
NASDAQ:AQB
|
$3.62 Million |
|
Scalare Partners Holdings Ltd
AU:SCP
|
$3.62 Million |
|
Salee Printing Public Company Limited
BK:SLP
|
$3.61 Million |
|
Boutique Corporation Public Company Limited
BK:BC
|
$3.61 Million |
|
PLYTEC Holding Berhad
KLSE:0289
|
$3.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tera Light Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 345,195,000 to 303,355,000, a change of -41,840,000 (-12.1%).
- Net loss of 40,413,000 reduced equity.
- Other comprehensive income increased equity by 260,634,000.
- Other factors decreased equity by 262,061,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-40.41 Million | -13.32% |
| Other Comprehensive Income | ILA260.63 Million | +85.92% |
| Other Changes | ILA-262.06 Million | -86.39% |
| Total Change | ILA- | -12.12% |
Book Value vs Market Value Analysis
This analysis compares Tera Light 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: 327.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 29417.13x to 327.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA0.06 | ILA1770.00 | x |
| 2020-12-31 | ILA1.04 | ILA1770.00 | x |
| 2021-12-31 | ILA4.92 | ILA1770.00 | x |
| 2022-12-31 | ILA4.84 | ILA1770.00 | x |
| 2023-12-31 | ILA4.86 | ILA1770.00 | x |
| 2024-12-31 | ILA5.40 | ILA1770.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tera Light 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): -13.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -201.13%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 4.17x
- Recent ROE (-13.32%) is above the historical average (-13.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -57.88% | 0.00% | 0.00x | 10.17x | ILA-2.97 Million |
| 2020 | -3.20% | -506.49% | 0.01x | 1.02x | ILA-9.99 Million |
| 2021 | -2.08% | -41.21% | 0.04x | 1.38x | ILA-43.22 Million |
| 2022 | -2.37% | -14.84% | 0.10x | 1.67x | ILA-43.57 Million |
| 2023 | -3.30% | -14.25% | 0.07x | 3.39x | ILA-45.90 Million |
| 2024 | -13.32% | -201.13% | 0.02x | 4.17x | ILA-70.75 Million |
Industry Comparison
This section compares Tera Light Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $395,875,875
- Average return on equity (ROE) among peers: -35.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tera Light Ltd (TRLT) | ILA382.47 Million | -57.88% | 2.40x | $3.62 Million |
| Doral Group Renewable Energy Resources Ltd (DORL) | $2.01 Billion | -2.04% | 1.25x | $32.97 Million |
| Econergy Renewable Energy Ltd (ECNR) | $58.81 Million | -18.50% | 1.32x | $10.94 Million |
| Enlight Renewable Energy Ltd (ENLT) | $248.67 Million | 6.27% | 5.71x | $71.60 Million |
| Homebiogas Ltd (HMGS) | $1.02 Million | -195.41% | 2.14x | $85.39K |
| Meshek Energy-Renewable Energies Ltd (MSKE) | $20.46 Million | -54.14% | 7.21x | $13.35 Million |
| Prime Energy PE Ltd (PRIM) | $49.99 Million | -39.02% | 4.55x | $2.56 Million |
| Sunflow Sustain (SNFL) | $295.63 Million | 0.00% | 1.78x | $865.88K |
| Zephyrus Wing Energies Ltd (ZPRS) | $479.71 Million | 17.18% | 2.11x | $572.20 Million |