Tantalus Systems Holding Inc Total Assets
Tantalus Systems Holding Inc total assets. Based on the latest financial reports, Tantalus Systems Holding Inc (GRID) holds total assets worth CA$36.04 Million CAD (≈ $26.07 Million USD) as of September 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. Also see GRID market cap overview for the company's overall valuation and market capitalisation.
Total Assets of Tantalus Systems Holding Inc (2018–2024)
Total assets of Tantalus Systems Holding Inc from 2018 to 2024. This chart illustrates how Tantalus Systems Holding Inc's total assets have evolved over time, based on quarterly financial data. See GRID stock price for real-time trading data and today's change.
Tantalus Systems Holding Inc - Asset Composition Analysis
Tantalus Systems Holding Inc Total Assets Breakdown (December 2024)
Tantalus Systems Holding Inc total assets breakdown as of December 2024. Tantalus Systems Holding Inc's total assets of CA$36.04 Million consist of 71.9% current assets and 28.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 31.8% |
| Accounts Receivable | CA$10.01 Million | 24.1% |
| Inventory | CA$4.83 Million | 11.6% |
| Property, Plant & Equipment | CA$2.77 Million | 6.7% |
| Intangible Assets | CA$5.44 Million | 13.1% |
| Goodwill | CA$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. Explore Tantalus Systems Holding Inc (GRID) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 81.8% in 2018.
- Cash Position: Cash and equivalents constituted 31.8% of total assets in 2024, up from 17.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 5.0% 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 |
|---|---|---|
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
Chengdu Xuguang Electronics Co Ltd
SHG:600353
|
China | CN¥3.55 Billion |
|
Nuode Investment Co Ltd
SHG:600110
|
China | CN¥21.10 Billion |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
|
China | CN¥4.48 Billion |
|
Hunan Changyuan Lico Co Ltd
SHG:688779
|
China | CN¥14.12 Billion |
|
China National Electric Apparatus R
SHG:688128
|
China | CN¥8.44 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
China | CN¥5.45 Billion |
|
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
|
China | CN¥6.99 Billion |
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 | 1.11 | 0.96 | 0.82 |
| Quick Ratio | 0.84 | 0.75 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$2.47 Million | CA$-1.16 Million | CA$-4.54 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 | 27.17 |
| Latest Market Cap to Assets Ratio | 4.25 |
| Asset Growth Rate (YoY) | 19.4% |
| Total Assets | CA$41.55 Million |
| Market Capitalization | $176.65 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Tantalus Systems Holding Inc's assets at a significant premium (4.25x), suggesting investors see substantial growth potential or unique competitive advantages.
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 | CA$41.55 Million ≈ $30.06 Million |
+19.40% |
| 2023-12-31 | CA$34.80 Million ≈ $25.17 Million |
-6.86% |
| 2022-12-31 | CA$37.36 Million ≈ $27.03 Million |
+20.42% |
| 2021-12-31 | CA$31.03 Million ≈ $22.44 Million |
+31.88% |
| 2020-12-31 | CA$23.53 Million ≈ $17.02 Million |
+16.82% |
| 2019-12-31 | CA$20.14 Million ≈ $14.57 Million |
-3.33% |
| 2018-12-31 | CA$20.83 Million ≈ $15.07 Million |
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About Tantalus Systems Holding Inc
Tantalus Systems Holding Inc., a technology company, provides smart grid solutions in Canada and the United States. It operates in two segments, Connected Devices and Infrastructure, and Utility Software Applications and Services. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as… Read more