Tornado Global Hydrovacs Ltd
Tornado Infrastructure Equipment Ltd., through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America. The company also operates parts and services center, as well as involved in rental business. It serves excavation service providers in the municipal, and oil and gas market. The company was formerly known as Tornado Global Hydrovacs Ltd. and changed its n… Read more
Tornado Global Hydrovacs Ltd (TGH) - Total Assets
Latest total assets as of September 2025: CA$111.42 Million CAD
Based on the latest financial reports, Tornado Global Hydrovacs Ltd (TGH) holds total assets worth CA$111.42 Million CAD 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.
Tornado Global Hydrovacs Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Tornado Global Hydrovacs Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tornado Global Hydrovacs Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tornado Global Hydrovacs Ltd's total assets of CA$111.42 Million consist of 81.8% current assets and 18.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 7.2% |
| Accounts Receivable | CA$15.15 Million | 23.2% |
| Inventory | CA$31.70 Million | 48.6% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$1.63 Million | 2.5% |
| Goodwill | CA$833.00K | 1.3% |
Asset Composition Trend (2014–2024)
This chart illustrates how Tornado Global Hydrovacs Ltd'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: Tornado Global Hydrovacs Ltd's current assets represent 81.8% of total assets in 2024, a decrease from 89.1% in 2014.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, down from 23.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 48.6% of total assets.
Tornado Global Hydrovacs Ltd Competitors by Total Assets
Key competitors of Tornado Global Hydrovacs Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Tornado Global Hydrovacs Ltd - 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 - Tornado Global Hydrovacs Ltd generates 2.10x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Tornado Global Hydrovacs Ltd generates $ 15.78 in net profit.
Tornado Global Hydrovacs Ltd - 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 | 1.75 | 2.20 | 1.24 |
| Quick Ratio | 0.78 | 0.64 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$28.44 Million | CA$ 26.06 Million | CA$ 2.74 Million |
Tornado Global Hydrovacs Ltd - Advanced Valuation Insights
This section examines the relationship between Tornado Global Hydrovacs Ltd'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 | 5.61 |
| Latest Market Cap to Assets Ratio | 1.58 |
| Asset Growth Rate (YoY) | 38.3% |
| Total Assets | CA$65.27 Million |
| Market Capitalization | $103.17 Million USD |
Valuation Analysis
Above Book Valuation: The market values Tornado Global Hydrovacs Ltd's assets above their book value (1.58 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Tornado Global Hydrovacs Ltd's assets grew by 38.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tornado Global Hydrovacs Ltd (2014–2024)
The table below shows the annual total assets of Tornado Global Hydrovacs Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$65.27 Million | +38.27% |
| 2023-12-31 | CA$47.20 Million | +16.53% |
| 2022-12-31 | CA$40.51 Million | +60.00% |
| 2021-12-31 | CA$25.32 Million | -8.37% |
| 2020-12-31 | CA$27.63 Million | +15.93% |
| 2019-12-31 | CA$23.83 Million | -5.03% |
| 2018-12-31 | CA$25.09 Million | +13.74% |
| 2017-12-31 | CA$22.06 Million | +12.91% |
| 2016-12-31 | CA$19.54 Million | +125.05% |
| 2015-12-31 | CA$8.68 Million | -46.85% |
| 2014-12-31 | CA$16.33 Million | -- |