TUGA Innovations Inc
TUGA Innovations, Inc., a development-stage electric vehicle company, engages in the conception, design, and production of specialized electric vehicles in the United States. The company is developing a three-wheeled fully electric fore-and-aft 2 seat commuter vehicle. It intends to offer its vehicles for commuter, delivery, taxi, rental, and ride share markets. TUGA Innovations, Inc. was founded… Read more
TUGA Innovations Inc (TUGAF) - Total Assets
Latest total assets as of April 2025: $54.39K USD
Based on the latest financial reports, TUGA Innovations Inc (TUGAF) holds total assets worth $54.39K USD as of April 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.
TUGA Innovations Inc - Total Assets Trend (2021–2024)
This chart illustrates how TUGA Innovations Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TUGA Innovations Inc - Asset Composition Analysis
Current Asset Composition (July 2024)
TUGA Innovations Inc's total assets of $54.39K consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.6% |
| Accounts Receivable | $19.48K | 27.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $12.36K | 17.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how TUGA Innovations 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: TUGA Innovations Inc's current assets represent 42.4% of total assets in 2024, a decrease from 97.7% in 2021.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, down from 96.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 2.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 27.2% of total assets.
TUGA Innovations Inc Competitors by Total Assets
Key competitors of TUGA Innovations Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ellwee AB
ST:ELLWEE
|
Sweden | Skr5.80 Million |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
China | CN¥185.63 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
TUGA Innovations 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
Lower asset utilization - TUGA Innovations Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TUGA Innovations Inc is currently not profitable relative to its asset base.
TUGA Innovations 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 | 0.01 | 0.04 | 4.20 |
| Quick Ratio | 0.01 | 0.05 | 4.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.80 Million | $ -1.02 Million | $ 365.02K |
TUGA Innovations Inc - Advanced Valuation Insights
This section examines the relationship between TUGA Innovations 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 | 10.22 |
| Latest Market Cap to Assets Ratio | 5.29 |
| Asset Growth Rate (YoY) | -59.3% |
| Total Assets | $71.54K |
| Market Capitalization | $378.23K USD |
Valuation Analysis
Premium Asset Valuation: The market values TUGA Innovations Inc's assets at a significant premium ( 5.29x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: TUGA Innovations Inc's assets decreased by 59.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TUGA Innovations Inc (2021–2024)
The table below shows the annual total assets of TUGA Innovations Inc from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | $71.54K | -59.26% |
| 2023-07-31 | $175.61K | -82.53% |
| 2022-07-31 | $1.00 Million | +104.92% |
| 2021-07-31 | $490.41K | -- |