Kelso Technologies Inc Net Assets

Latest as of September 2025: CA$4.90 Million CAD ≈ $3.54 Million USD

Kelso Technologies Inc net assets. Based on the latest financial reports, Kelso Technologies Inc (KLS) has net assets worth CA$4.90 Million CAD (≈ $3.54 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.52 Million ≈ $4.71 Million USD) and total liabilities (CA$1.62 Million ≈ $1.17 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. Also explore KLS net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$4.90 Million
% of Total Assets 75.14%
Annual Growth Rate 15.01%
5-Year Change -61.42%
10-Year Change -68.92%
Growth Volatility 445.52

Net Assets of Kelso Technologies Inc (1997–2024)

Net assets of Kelso Technologies Inc from 1997 to 2024. This chart illustrates how Kelso Technologies Inc's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Kelso Technologies Inc to measure how much of total assets are equity-financed.

Annual Net Assets for Kelso Technologies Inc (1997–2024)

The table below shows the annual net assets of Kelso Technologies Inc from 1997 to 2024. For live market cap and overall valuation, see market cap of Kelso Technologies Inc.

Year Net Assets Change
2024-12-31 CA$4.23 Million
≈ $3.06 Million		 -51.50%
2023-12-31 CA$8.72 Million
≈ $6.31 Million		 -19.12%
2022-12-31 CA$10.78 Million
≈ $7.80 Million		 -10.56%
2021-12-31 CA$12.06 Million
≈ $8.72 Million		 +9.98%
2020-12-31 CA$10.96 Million
≈ $7.93 Million		 -7.47%
2019-12-31 CA$11.85 Million
≈ $8.57 Million		 +45.06%
2018-12-31 CA$8.17 Million
≈ $5.91 Million		 +7.94%
2017-12-31 CA$7.57 Million
≈ $5.47 Million		 -35.74%
2016-12-31 CA$11.77 Million
≈ $8.52 Million		 -13.48%
2015-12-31 CA$13.61 Million
≈ $9.84 Million		 -18.03%
2014-12-31 CA$16.60 Million
≈ $12.01 Million		 +88.68%
2013-12-31 CA$8.80 Million
≈ $6.36 Million		 +117.95%
2012-12-31 CA$4.04 Million
≈ $2.92 Million		 +76.16%
2011-12-31 CA$2.29 Million
≈ $1.66 Million		 +1785.38%
2010-12-31 CA$121.53K
≈ $87.92K		 +114.71%
2009-12-31 CA$-826.09K
≈ $-597.58K		 -71.42%
2008-12-31 CA$-481.92K
≈ $-348.61K		 -129.67%
2007-12-31 CA$-209.83K
≈ $-151.79K		 -49.30%
2006-12-31 CA$-140.54K
≈ $-101.66K		 -299.10%
2005-12-31 CA$70.59K
≈ $51.06K		 +952.62%
2004-12-31 CA$-8.28K
≈ $-5.99K		 +54.00%
2003-12-31 CA$-18.00K
≈ $-13.02K		 -94.74%
2002-12-31 CA$-9.24K
≈ $-6.68K		 +93.73%
2001-12-31 CA$-147.40K
≈ $-106.63K		 -53.97%
2000-12-31 CA$-95.73K
≈ $-69.25K		 +66.29%
1999-12-31 CA$-284.00K
≈ $-205.44K		 -1215.89%
1998-12-31 CA$-21.58K
≈ $-15.61K		 -122.30%
1997-12-31 CA$96.80K
≈ $70.02K		 --

Equity Component Analysis

This analysis shows how different components contribute to Kelso Technologies Inc'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 2535073019.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Kelso Technologies Inc Net Assets Breakdown (December 2024)

Kelso Technologies Inc net assets breakdown by equity component as of December 2024.

Component Amount Percentage
Common Stock CA$27.34 Million 646.38%
Other Comprehensive Income CA$4.80 Million 113.48%
Total Equity CA$4.23 Million 100.00%

Kelso Technologies Inc Competitors by Market Cap

The table below lists competitors of Kelso Technologies Inc ranked by their market capitalization.

Company Market Cap
Impex Ferro Tech Limited
NSE:IMPEXFERRO
 $5.60 Million
Streamplay Studio Ltd
AU:SP8
 $5.60 Million
Superior Resources Ltd
AU:SPQ
 $5.61 Million
Indo Straits Tbk
JK:PTIS
 $5.61 Million
Baosheng Media Group Holdings Ltd
NASDAQ:BAOS
 $5.58 Million
JPMorgan Indian Inv Trust
LSE:JII
 $5.58 Million
Giga Metals Corp
V:GIGA
 $5.58 Million
Kolon Global Corp
KO:003075
 $5.58 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,720,248 to 4,229,030, a change of -4,491,218 (-51.5%).
  • Net loss of 4,622,297 reduced equity.
  • Share repurchases of 32,625 reduced equity.
  • Other comprehensive income decreased equity by 20,941.
  • Other factors increased equity by 184,645.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-4.62 Million -109.3%
Share Repurchases CA$32.62K -0.77%
Other Comprehensive Income CA$-20.94K -0.5%
Other Changes CA$184.65K +4.37%
Total Change CA$- -51.50%

Book Value vs Market Value Analysis

This analysis compares Kelso Technologies Inc'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: 1.80x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.19x to 1.80x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CA$0.04 CA$0.14 x
1998-12-31 CA$-0.01 CA$0.14 x
1999-12-31 CA$-0.11 CA$0.14 x
2000-12-31 CA$-0.03 CA$0.14 x
2001-12-31 CA$-0.05 CA$0.14 x
2002-12-31 CA$0.00 CA$0.14 x
2003-12-31 CA$0.00 CA$0.14 x
2004-12-31 CA$0.00 CA$0.14 x
2005-12-31 CA$0.01 CA$0.14 x
2006-12-31 CA$-0.02 CA$0.14 x
2007-12-31 CA$-0.03 CA$0.14 x
2008-12-31 CA$-0.05 CA$0.14 x
2009-12-31 CA$-0.08 CA$0.14 x
2010-12-31 CA$0.01 CA$0.14 x
2011-12-31 CA$0.08 CA$0.14 x
2012-12-31 CA$0.09 CA$0.14 x
2013-12-31 CA$0.20 CA$0.14 x
2014-12-31 CA$0.36 CA$0.14 x
2015-12-31 CA$0.30 CA$0.14 x
2016-12-31 CA$0.25 CA$0.14 x
2017-12-31 CA$0.16 CA$0.14 x
2018-12-31 CA$0.17 CA$0.14 x
2019-12-31 CA$0.25 CA$0.14 x
2020-12-31 CA$0.23 CA$0.14 x
2021-12-31 CA$0.23 CA$0.14 x
2022-12-31 CA$0.20 CA$0.14 x
2023-12-31 CA$0.16 CA$0.14 x
2024-12-31 CA$0.08 CA$0.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kelso Technologies Inc 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): -109.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -43.28%
  • • Asset Turnover: 1.63x
  • • Equity Multiplier: 1.55x
  • Recent ROE (-109.30%) is below the historical average (-60.60%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 -290.55% -39062975.00% 0.00x 1.55x CA$-290.93K
1998 0.00% -55446280.95% 0.00x 0.00x CA$-347.15K
1999 0.00% -47008508.96% 0.00x 0.00x CA$-286.56K
2000 0.00% -24644429.41% 0.00x 0.00x CA$-158.01K
2001 0.00% -24923618.46% 0.00x 0.00x CA$-147.26K
2002 0.00% 0.00% 0.00x 0.00x CA$-270.37K
2003 0.00% 0.00% 0.00x 0.00x CA$-438.52K
2004 0.00% 0.00% 0.00x 0.00x CA$-483.89K
2005 -898.53% 0.00% 0.00x 1.36x CA$-641.30K
2006 0.00% -676.33% 2.19x 0.00x CA$-603.66K
2007 0.00% -658.98% 3.43x 0.00x CA$-776.80K
2008 0.00% -1460.06% 1.43x 0.00x CA$-669.30K
2009 0.00% -231.06% 18.58x 0.00x CA$-521.90K
2010 -238.93% -161.34% 0.37x 3.96x CA$-302.53K
2011 -65.89% -112.74% 0.52x 1.12x CA$-1.74 Million
2012 0.82% 0.39% 1.97x 1.07x CA$-370.68K
2013 27.93% 18.71% 1.41x 1.06x CA$1.58 Million
2014 24.25% 16.90% 1.15x 1.25x CA$2.37 Million
2015 -18.45% -13.28% 1.17x 1.19x CA$-3.87 Million
2016 -20.94% -30.53% 0.62x 1.11x CA$-3.64 Million
2017 -66.30% -82.73% 0.66x 1.21x CA$-5.77 Million
2018 2.38% 1.53% 1.28x 1.22x CA$-622.12K
2019 28.15% 16.22% 1.50x 1.16x CA$2.15 Million
2020 -11.93% -11.73% 0.93x 1.10x CA$-2.40 Million
2021 -22.88% -37.15% 0.54x 1.14x CA$-3.96 Million
2022 -12.57% -12.40% 0.90x 1.13x CA$-2.43 Million
2023 -24.10% -19.43% 1.12x 1.11x CA$-2.97 Million
2024 -109.30% -43.28% 1.63x 1.55x CA$-5.05 Million

Industry Comparison

This section compares Kelso Technologies Inc's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $6,423,400,000
  • Average return on equity (ROE) among peers: 13.75%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kelso Technologies Inc (KLS) CA$4.90 Million -290.55% 0.33x $5.59 Million
Canadian National Railway Co (CNR) $9.28 Billion 13.55% 1.41x $78.26 Billion
Canadian Pacific Railway Ltd (CP) $3.56 Billion 13.94% 1.47x $81.22 Billion

About Kelso Technologies Inc

TO:KLS Canada Railroads
Market Cap
$5.59 Million
CA$7.72 Million CAD
Market Cap Rank
#28282 Global
#1226 in Canada
Share Price
CA$0.14
Change (1 day)
-6.67%
52-Week Range
CA$0.12 - CA$0.25
All Time High
CA$2.07
Categories
Companies in Canada Railroads
About

Kelso Technologies Inc. designs, engineers, markets, produces and distributes various proprietary pressure relief valves in the United States and Canada. It offers rail and road transport equipment, such as pressure relief, vacuum relief, and bottom outlet valves; pressure cars; pressure relief; one-bolt manway; emergency response kit; pressure differential; service bulletins; and installation ma… Read more