Tantalus Systems Holding Inc (GRID) - 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. Explore Tantalus Systems Holding Inc (GRID) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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. See GRID total equity for net asset value and shareholders' equity analysis.
Tantalus Systems Holding Inc - Asset Composition Analysis
Current Asset Composition (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. For live market cap, price, and company overview, see market cap of Tantalus Systems Holding Inc.
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 |
|---|---|---|
|
Nantong Jianghai Capacitor Co Ltd
SHE:002484
|
China | CN¥8.78 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772
|
China | CN¥25.88 Billion |
|
HEG Limited
NSE:HEG
|
India | Rs61.66 Billion |
|
Hangzhou Kelin Electric Co. Ltd. A
SHG:688611
|
China | CN¥1.08 Billion |
|
Hengdian Group Tospo Lighting Co Ltd
SHG:603303
|
China | CN¥5.80 Billion |
|
Hangzhou Star Shuaier Electric Appliance Co Ltd
SHE:002860
|
China | CN¥3.86 Billion |
|
Dongguan Kingsun Optoelectronic Co Ltd
SHE:002638
|
China | CN¥2.33 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 | 4.53 |
| Asset Growth Rate (YoY) | 19.4% |
| Total Assets | CA$41.55 Million |
| Market Capitalization | $188.40 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Tantalus Systems Holding Inc's assets at a significant premium (4.53x), 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 |
-- |
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