Targeted Microwave Solutions Inc (TMS-H) - Net Assets
Based on the latest financial reports, Targeted Microwave Solutions Inc (TMS-H) has net assets worth CA$-464.97K 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$1.44K) and total liabilities (CA$466.41K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-464.97K |
| % of Total Assets | -32379.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Targeted Microwave Solutions Inc - Net Assets Trend (2017–2024)
This chart illustrates how Targeted Microwave Solutions Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Targeted Microwave Solutions Inc (2017–2024)
The table below shows the annual net assets of Targeted Microwave Solutions Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-447.16K | -5.98% |
| 2023-12-31 | CA$-421.95K | -9.82% |
| 2022-12-31 | CA$-384.22K | -9.29% |
| 2021-12-31 | CA$-351.56K | -13.77% |
| 2020-12-31 | CA$-309.01K | +62.19% |
| 2019-12-31 | CA$-817.37K | -29.06% |
| 2018-12-31 | CA$-633.34K | +78.55% |
| 2017-12-31 | CA$-2.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Targeted Microwave Solutions 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 77550100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$15.95 Million | % |
| Total Equity | CA$-405.63K | 100.00% |
Targeted Microwave Solutions Inc Competitors by Market Cap
The table below lists competitors of Targeted Microwave Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lincoln Ventures Ltd
V:LX-H
|
$926.96K |
|
AVALA RES
F:CVJ
|
$928.48K |
|
Roshni Capital Inc.
V:ROSH-P
|
$931.00K |
|
OAKRIDGE INTERNATIONAL
F:U9O0
|
$931.12K |
|
Martina Minerals Corp
V:MTN-H
|
$922.95K |
|
T-Bull S.A
WAR:TBL
|
$922.25K |
|
Topps Tiles PLC
LSE:TPT
|
$921.85K |
|
Discovery Harbour Resources Corp
V:DHR
|
$921.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Targeted Microwave Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -380,419 to -405,635, a change of -25,216.
- Net loss of 25,216 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-25.22K | -6.22% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Targeted Microwave Solutions Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.06 | CA$0.01 | x |
| 2018-12-31 | CA$-0.01 | CA$0.01 | x |
| 2019-12-31 | CA$-0.01 | CA$0.01 | x |
| 2020-12-31 | CA$0.00 | CA$0.01 | x |
| 2021-12-31 | CA$0.00 | CA$0.01 | x |
| 2022-12-31 | CA$0.00 | CA$0.01 | x |
| 2023-12-31 | CA$0.00 | CA$0.01 | x |
| 2024-12-31 | CA$0.00 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Targeted Microwave Solutions Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-6.55 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-345.62K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-106.44K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-21.77K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-11.55K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$1.62K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$309.90 |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$15.35K |
Industry Comparison
This section compares Targeted Microwave Solutions Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $7,121,445
- Average return on equity (ROE) among peers: 13.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Targeted Microwave Solutions Inc (TMS-H) | CA$-464.97K | 0.00% | N/A | $926.11K |
| Appulse Corp (APL) | $3.44 Million | 4.87% | 1.18x | $3.21 Million |
| BioRem Inc. (BRM) | $1.93 Million | 87.35% | 3.81x | $29.76 Million |
| Questor Technology Inc. (QST) | $35.33 Million | 21.02% | 0.19x | $6.97 Million |
| Sparta Capital Ltd (SAY) | $-2.16 Million | 0.00% | 0.00x | $3.83 Million |
| Thermal Energy International Inc. (TMG) | $3.89 Million | -10.89% | 2.35x | $20.38 Million |
| Current Water Technologies Inc (WATR) | $283.81K | -23.07% | 0.98x | $1.66 Million |
About Targeted Microwave Solutions Inc
Targeted Microwave Solutions Inc. operates as an industrial clean technology company in Canada. The company develops microwave-based application technologies to dry, decontaminate, physically upgrade, and eliminate or reduce environment harming emissions. Its technology has applications to mass-scale use of industrial aggregates, energy producing biomass and low-rank coals, and other materials fo… Read more