Tantalus Systems Holding Inc
Tantalus Systems Holding Inc. operates as a smart grid technology company in Canada and the United States. It operates through Connected Devices and Infrastructure, and Utility Software Applications and Services segments. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as distribu… Read more
Tantalus Systems Holding Inc (TNTLF) - Total Assets
Latest total assets as of March 2025: $44.00 Million USD
Based on the latest financial reports, Tantalus Systems Holding Inc (TNTLF) holds total assets worth $44.00 Million USD as of March 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.
Tantalus Systems Holding Inc - Total Assets Trend (2018–2024)
This chart illustrates how Tantalus Systems Holding Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tantalus Systems Holding Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tantalus Systems Holding Inc's total assets of $44.00 Million consist of 71.9% current assets and 28.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 31.8% |
| Accounts Receivable | $10.01 Million | 24.1% |
| Inventory | $4.83 Million | 11.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.44 Million | 13.1% |
| Goodwill | $3.45 Million | 8.3% |
Asset Composition Trend (2018–2024)
This chart illustrates how Tantalus Systems Holding 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: Tantalus Systems Holding Inc's current assets represent 71.9% of total assets in 2024, a decrease from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 31.8% of total assets in 2024, down from 96.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 24.1% of total assets.
Tantalus Systems Holding Inc Competitors by Total Assets
Key competitors of Tantalus Systems Holding Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Paru Co. Ltd
KQ:043200
|
Korea | ₩58.09 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Foshan Electrical and Lighting Co Ltd
SHE:000541
|
China | CN¥17.06 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
Tantalus Systems Holding 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 - Tantalus Systems Holding Inc generates 1.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tantalus Systems Holding Inc is currently not profitable relative to its asset base.
Tantalus Systems Holding 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 | 1.04 | 0.77 | 0.83 |
| Quick Ratio | 0.88 | 0.58 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.19 Million | $ -6.69 Million | $ -3.56 Million |
Tantalus Systems Holding Inc - Advanced Valuation Insights
This section examines the relationship between Tantalus Systems Holding 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 | 13.65 |
| Latest Market Cap to Assets Ratio | 1.11 |
| Asset Growth Rate (YoY) | 19.4% |
| Total Assets | $41.55 Million |
| Market Capitalization | $46.03 Million USD |
Valuation Analysis
Above Book Valuation: The market values Tantalus Systems Holding Inc's assets above their book value (1.11 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Tantalus Systems Holding Inc's assets grew by 19.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tantalus Systems Holding Inc (2018–2024)
The table below shows the annual total assets of Tantalus Systems Holding Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $41.55 Million | +19.40% |
| 2023-12-31 | $34.80 Million | -6.86% |
| 2022-12-31 | $37.36 Million | +20.42% |
| 2021-12-31 | $31.03 Million | +31.88% |
| 2020-12-31 | $23.53 Million | +5729.56% |
| 2019-12-31 | $403.56K | -16.35% |
| 2018-12-31 | $482.42K | -- |