Thermal Energy International Inc
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX b… Read more
Thermal Energy International Inc (TMGEF) - Total Assets
Latest total assets as of November 2025: $14.04 Million USD
Based on the latest financial reports, Thermal Energy International Inc (TMGEF) holds total assets worth $14.04 Million USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Thermal Energy International Inc - Total Assets Trend (2008–2025)
This chart illustrates how Thermal Energy International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thermal Energy International Inc - Asset Composition Analysis
Current Asset Composition (May 2025)
Thermal Energy International Inc's total assets of $14.04 Million consist of 82.9% current assets and 17.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.4% |
| Accounts Receivable | $3.49 Million | 29.2% |
| Inventory | $2.26 Million | 18.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $491.83K | 4.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2025)
This chart illustrates how Thermal Energy International Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thermal Energy International Inc's current assets represent 82.9% of total assets in 2025, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 23.4% of total assets in 2025, up from 2.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 29.2% of total assets.
Thermal Energy International Inc Competitors by Total Assets
Key competitors of Thermal Energy International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Central Plains Environment Protection Co Ltd
SHE:000544
|
China | CN¥42.97 Billion |
|
Shenwu Energy Saving Co Ltd
SHE:000820
|
China | CN¥582.54 Million |
|
Brite Tech Bhd
KLSE:0011
|
Malaysia | RM168.57 Million |
|
Jinglv Envi Science & Tech Co
SHE:001230
|
China | CN¥3.29 Billion |
|
Kc Green Holdi
KO:009440
|
Korea | ₩252.26 Billion |
|
Cosmos Technology International Berhad
KLSE:0261
|
Malaysia | RM64.35 Million |
|
Kc Cottrell
KO:119650
|
Korea | ₩265.66 Billion |
|
China Ecotek Corp
TW:1535
|
Taiwan | NT$6.96 Billion |
Thermal Energy International Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Thermal Energy International Inc generates 2.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Thermal Energy International Inc generates $ 0.61 in net profit.
Thermal Energy International Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.39 | 1.48 | 1.89 |
| Quick Ratio | 1.19 | 1.27 | 1.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.44 Million | $ 3.69 Million | $ 4.23 Million |
Thermal Energy International Inc - Advanced Valuation Insights
This section examines the relationship between Thermal Energy International Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.25 |
| Latest Market Cap to Assets Ratio | 1.15 |
| Asset Growth Rate (YoY) | -28.9% |
| Total Assets | $11.95 Million |
| Market Capitalization | $13.75 Million USD |
Valuation Analysis
Above Book Valuation: The market values Thermal Energy International Inc's assets above their book value (1.15 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Thermal Energy International Inc's assets decreased by 28.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Thermal Energy International Inc (2008–2025)
The table below shows the annual total assets of Thermal Energy International Inc from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-05-31 | $11.95 Million | -28.85% |
| 2024-05-31 | $16.79 Million | +24.27% |
| 2023-05-31 | $13.51 Million | +40.77% |
| 2022-05-31 | $9.60 Million | -16.87% |
| 2021-05-31 | $11.55 Million | +10.56% |
| 2020-05-31 | $10.44 Million | -19.95% |
| 2019-05-31 | $13.05 Million | +50.09% |
| 2018-05-31 | $8.69 Million | +3.76% |
| 2017-05-31 | $8.38 Million | +40.06% |
| 2016-05-31 | $5.98 Million | +1.42% |
| 2015-05-31 | $5.90 Million | -13.68% |
| 2014-05-31 | $6.83 Million | +17.53% |
| 2013-05-31 | $5.81 Million | -39.78% |
| 2012-05-31 | $9.65 Million | +7.47% |
| 2011-05-31 | $8.98 Million | -1.09% |
| 2010-05-31 | $9.08 Million | -21.07% |
| 2009-05-31 | $11.50 Million | +211.93% |
| 2008-05-31 | $3.69 Million | -- |