Tornado Global Hydrovacs Ltd
Tornado Infrastructure Equipment Ltd., through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America. The company also operates parts and services center, as well as involved in rental business. It serves excavation service providers in the municipal, and oil and gas market. The company was formerly known as Tornado Global Hydrovacs Ltd. and changed its n… Read more
Tornado Global Hydrovacs Ltd (TGH) - Net Assets
Latest net assets as of September 2025: CA$47.38 Million CAD
Based on the latest financial reports, Tornado Global Hydrovacs Ltd (TGH) has net assets worth CA$47.38 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$111.42 Million) and total liabilities (CA$64.04 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 | CA$47.38 Million |
| % of Total Assets | 42.52% |
| Annual Growth Rate | 18.52% |
| 5-Year Change | 144.87% |
| 10-Year Change | 414.77% |
| Growth Volatility | 32.64 |
Tornado Global Hydrovacs Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Tornado Global Hydrovacs 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 Tornado Global Hydrovacs Ltd (2014–2024)
The table below shows the annual net assets of Tornado Global Hydrovacs Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$36.31 Million | +49.17% |
| 2023-12-31 | CA$24.34 Million | +51.80% |
| 2022-12-31 | CA$16.04 Million | +32.20% |
| 2021-12-31 | CA$12.13 Million | -18.20% |
| 2020-12-31 | CA$14.83 Million | -1.07% |
| 2019-12-31 | CA$14.99 Million | -11.58% |
| 2018-12-31 | CA$16.95 Million | -5.04% |
| 2017-12-31 | CA$17.85 Million | +33.68% |
| 2016-12-31 | CA$13.36 Million | +89.33% |
| 2015-12-31 | CA$7.05 Million | +6.23% |
| 2014-12-31 | CA$6.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tornado Global Hydrovacs 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 grown by 1090500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$9.75 Million | 26.86% |
| Other Components | CA$26.56 Million | 73.14% |
| Total Equity | CA$36.31 Million | 100.00% |
Tornado Global Hydrovacs Ltd Competitors by Market Cap
The table below lists competitors of Tornado Global Hydrovacs Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
$103.19 Million |
|
Vaxcell-Bio Therapeutics Co. Ltd
KQ:323990
|
$103.22 Million |
|
Talga Group Ltd
PINK:TLGRF
|
$103.27 Million |
|
Apollo Pipes Limited
NSE:APOLLOPIPE
|
$103.29 Million |
|
Bliss GVS Pharma Limited
NSE:BLISSGVS
|
$103.10 Million |
|
ReposiTrak
NASDAQ:TRAK
|
$103.02 Million |
|
AROS BOSTADSUTVECKLING AB
F:9HZ
|
$103.01 Million |
|
SMCP S.A.S.
LSE:0RVA
|
$102.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tornado Global Hydrovacs Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,342,000 to 36,312,000, a change of 11,970,000 (49.2%).
- Net income of 10,302,000 contributed positively to equity growth.
- Other factors increased equity by 1,668,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$10.30 Million | +28.37% |
| Other Changes | CA$1.67 Million | +4.59% |
| Total Change | CA$- | 49.17% |
Book Value vs Market Value Analysis
This analysis compares Tornado Global Hydrovacs 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: 7.27x
- 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 13.63x to 7.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.14 | CA$1.92 | x |
| 2018-12-31 | CA$0.13 | CA$1.92 | x |
| 2019-12-31 | CA$0.12 | CA$1.92 | x |
| 2020-12-31 | CA$0.12 | CA$1.92 | x |
| 2021-12-31 | CA$0.10 | CA$1.92 | x |
| 2022-12-31 | CA$0.12 | CA$1.92 | x |
| 2023-12-31 | CA$0.18 | CA$1.92 | x |
| 2024-12-31 | CA$0.26 | CA$1.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tornado Global Hydrovacs 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): 28.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.53%
- • Asset Turnover: 2.10x
- • Equity Multiplier: 1.80x
- Recent ROE (28.37%) is above the historical average (0.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 26.60% | 4.95% | 2.18x | 2.46x | CA$1.10 Million |
| 2015 | -12.57% | -4.40% | 2.32x | 1.23x | CA$-1.59 Million |
| 2016 | -20.60% | -16.14% | 0.87x | 1.46x | CA$-4.09 Million |
| 2017 | -8.84% | -5.30% | 1.35x | 1.24x | CA$-3.36 Million |
| 2018 | -7.80% | -3.40% | 1.55x | 1.48x | CA$-3.02 Million |
| 2019 | -10.90% | -2.70% | 2.54x | 1.59x | CA$-3.13 Million |
| 2020 | -4.50% | -2.15% | 1.12x | 1.86x | CA$-2.15 Million |
| 2021 | -26.50% | -9.78% | 1.30x | 2.09x | CA$-4.43 Million |
| 2022 | 15.31% | 4.14% | 1.46x | 2.53x | CA$851.40K |
| 2023 | 30.16% | 6.99% | 2.22x | 1.94x | CA$4.91 Million |
| 2024 | 28.37% | 7.53% | 2.10x | 1.80x | CA$6.67 Million |
Industry Comparison
This section compares Tornado Global Hydrovacs Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
No peer company data available for comparison.