Tera Light Ltd (TRLT) - Net Assets
Based on the latest financial reports, Tera Light Ltd (TRLT) has net assets worth ILA464.73 Million ILA (≈ $1.25 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.42 Billion ≈ $3.82 Million USD) and total liabilities (ILA959.50 Million ≈ $2.57 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 financial resilience of Tera Light Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA464.73 Million |
| % of Total Assets | 32.63% |
| Annual Growth Rate | 117.58% |
| 5-Year Change | 27.75% |
| 10-Year Change | N/A |
| Growth Volatility | 593.07 |
Tera Light Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Tera Light Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TRLT asset base for the complete picture of this company's asset base.
Annual Net Assets for Tera Light Ltd (2019–2025)
The table below shows the annual net assets of Tera Light Ltd from 2019 to 2025. For live valuation and market cap data, see Tera Light Ltd (TRLT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA464.73 Million ≈ $1.25 Million |
+25.83% |
| 2024-12-31 | ILA369.33 Million ≈ $990.17K |
-12.90% |
| 2023-12-31 | ILA424.03 Million ≈ $1.14 Million |
+15.24% |
| 2022-12-31 | ILA367.95 Million ≈ $986.46K |
+1.15% |
| 2021-12-31 | ILA363.77 Million ≈ $975.26K |
+380.39% |
| 2020-12-31 | ILA75.72 Million ≈ $203.01K |
+1630.44% |
| 2019-12-31 | ILA4.38 Million ≈ $11.73K |
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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 7789500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA160.52 Million | 39.04% |
| Other Comprehensive Income | ILA334.38 Million | 81.33% |
| Total Equity | ILA411.13 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 |
|---|---|
|
Guizhou Wire Rope Co Ltd
SHG:600992
|
$439.70 Million |
|
Citra Putra Realty Tbk PT
JK:CLAY
|
$439.73 Million |
|
Canopy Growth Corp
NASDAQ:CGC
|
$439.73 Million |
|
Anzheng Fashion
SHG:603839
|
$440.05 Million |
|
Chongqing Mas Sci&Tech
SHE:300275
|
$439.44 Million |
|
Spin Master Corp
TO:TOY
|
$439.42 Million |
|
Tianyang Hot Mel
SHG:603330
|
$439.40 Million |
|
Changshu Tongrun Auto
SHG:603201
|
$439.24 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 2024 to 2025, total equity changed from 303,355,000 to 411,127,000, a change of 107,772,000 (35.5%).
- Net loss of 6,770,000 reduced equity.
- Other comprehensive income increased equity by 73,747,000.
- Other factors increased equity by 40,795,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-6.77 Million | -1.65% |
| Other Comprehensive Income | ILA73.75 Million | +17.94% |
| Other Changes | ILA40.80 Million | +9.92% |
| Total Change | ILA- | 35.53% |
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: 396.93x
- 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 34585.90x to 396.93x 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 | ILA2081.00 | x |
| 2020-12-31 | ILA1.04 | ILA2081.00 | x |
| 2021-12-31 | ILA4.92 | ILA2081.00 | x |
| 2022-12-31 | ILA4.84 | ILA2081.00 | x |
| 2023-12-31 | ILA4.86 | ILA2081.00 | x |
| 2024-12-31 | ILA5.40 | ILA2081.00 | x |
| 2025-12-31 | ILA5.24 | ILA2081.00 | 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): -1.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.92%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 3.46x
- Recent ROE (-1.65%) is above the historical average (-11.97%), 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 |
| 2025 | -1.65% | -8.92% | 0.05x | 3.46x | ILA-47.88 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: $480,315,278
- Average return on equity (ROE) among peers: -90.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tera Light Ltd (TRLT) | ILA464.73 Million | -57.88% | 2.06x | $439.59 Million |
| Doral Group Renewable Energy Resources Ltd (DORL) | $52.86 Million | -2.53% | 3.44x | $4.38 Billion |
| Econergy Renewable Energy Ltd (ECNR) | $212.25 Million | 9.39% | 2.69x | $976.34 Million |
| Ellomay Capital Ltd (ELLO) | $66.59 Million | 5.87% | 0.20x | $239.08 Million |
| Enlight Renewable Energy Ltd (ENLT) | $28.35 Million | 1.10% | 0.00x | $9.52 Billion |
| Energix Renewable Energies Ltd (ENRG) | $1.51 Billion | 5.24% | 2.16x | $3.28 Billion |
| Homebiogas Ltd (HMGS) | $1.84 Million | -85.70% | 1.01x | $4.25 Million |
| Meshek Energy-Renewable Energies Ltd (MSKE) | $221.36 Million | -4.94% | 1.44x | $2.85 Billion |
| OY Nofar Energy Ltd (NOFR) | $2.41 Billion | -1.12% | 1.58x | $2.24 Billion |
| Prime Energy PE Ltd (PRIM) | $243.00K | -836.63% | 84.33x | $624.15 Million |
| Sunflow Sustain (SNFL) | $295.63 Million | 0.00% | 1.78x | $99.57 Million |
About Tera Light Ltd
Tera Light Ltd engages in the construction, operation, and maintenance of photovoltaic systems in Israel. It 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. The company also invests in renewable energy. Tera Light Ltd was incorporated in 202… Read more