Tristar Acquisition Group
Tristar Acquisition Group operates as an engineering, procurement, and construction contractor. The company, through its subsidiaries, engages in the design, fabrication, and installation of specialized equipment, known as packages or skids, and production plants for the oil and gas industry and engineering companies. It also designs, manufactures, and markets oil and gas production equipments an… Read more
Tristar Acquisition Group (TAGP) - Total Assets
Latest total assets as of March 2025: $1.34 Million USD
Based on the latest financial reports, Tristar Acquisition Group (TAGP) holds total assets worth $1.34 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.
Tristar Acquisition Group - Total Assets Trend (2005–2023)
This chart illustrates how Tristar Acquisition Group’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tristar Acquisition Group - Asset Composition Analysis
Current Asset Composition (September 2023)
Tristar Acquisition Group's total assets of $1.34 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 22.1% |
| Accounts Receivable | $667.60K | 50.1% |
| Inventory | $370.15K | 27.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2023)
This chart illustrates how Tristar Acquisition Group'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: Tristar Acquisition Group's current assets represent 100.0% of total assets in 2023, an increase from 52.1% in 2005.
- Cash Position: Cash and equivalents constituted 22.1% of total assets in 2023, up from 1.1% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 50.1% of total assets.
Tristar Acquisition Group Competitors by Total Assets
Key competitors of Tristar Acquisition Group based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Tristar Acquisition Group - 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 - Tristar Acquisition Group generates 0.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tristar Acquisition Group is currently not profitable relative to its asset base.
Tristar Acquisition Group - 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 | 3.64 | 3.64 | 0.03 |
| Quick Ratio | 2.63 | 2.62 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $969.11K | $ 958.75K | $ -129.72K |
Tristar Acquisition Group - Advanced Valuation Insights
This section examines the relationship between Tristar Acquisition Group'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 | 11.09 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -98.3% |
| Total Assets | $1.33 Million |
| Market Capitalization | $283.20 USD |
Valuation Analysis
Below Book Valuation: The market values Tristar Acquisition Group's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tristar Acquisition Group's assets decreased by 98.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tristar Acquisition Group (2005–2023)
The table below shows the annual total assets of Tristar Acquisition Group from 2005 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $1.33 Million | -98.30% |
| 2010-09-30 | $78.50 Million | +72.30% |
| 2009-09-30 | $45.56 Million | +27952660.74% |
| 2008-09-30 | $163.00 | -96.94% |
| 2007-09-30 | $5.32K | -88.59% |
| 2006-09-30 | $46.63K | -22.65% |
| 2005-09-30 | $60.29K | -- |