TSPG (TGI Solar Power Group) Total Assets: $0.29 Mil (As of Jul. 2023)


What is TGI Solar Power Group Total Assets?

TGI Solar Power Group TSPG +1.82% Total Assets is $0.29 Mil as of Jul. 2023.

TGI Solar Power Group's Total Assets for the quarter that ended in Jul. 2023 was $0.29 Mil.

Total Assets is connected with ROA %. TGI Solar Power Group's annualized ROA % for the quarter that ended in Jul. 2023 was -17.97%. Total Assets is also linked to Revenue through Asset Turnover. TGI Solar Power Group's Asset Turnover for the quarter that ended in Jul. 2023 was 0.08.

TGI Solar Power Group  (OTCPK:TSPG) Total Assets Explanation

Total Assets is connected with ROA %.

TGI Solar Power Group's annualized ROA % for the quarter that ended in Jul. 2023 is

ROA %=Net Income (Q: Jul. 2023 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Jul. 2023 ))/ count )
=-0.053/( (0.298+0.292)/ 2 )
=-0.053/0.295
=-17.97 %

Note: The Net Income data used here is one times the annual (Jul. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

TGI Solar Power Group's Asset Turnover for the quarter that ended in Jul. 2023 is

Asset Turnover
=Revenue (Q: Jul. 2023 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Jul. 2023 ))/ count )
=0.023/( (0.298+0.292)/ 2 )
=0.023/0.295
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

TGI Solar Power Group Total Assets Related Terms

TGI Solar Power Group Total Assets Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TGI Solar Power Group Total Assets Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Total Assets
0.00 0.15 0.00 0.30 0.29

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Total Assets 0.00 0.15 0.00 0.30 0.29

TGI Solar Power Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

TGI Solar Power Group's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=-0.717+1.009
=0.29

TGI Solar Power Group's Total Assets for the quarter that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (Q: Jul. 2023 )+Total Liabilities (Q: Jul. 2023 )
=-0.717+1.009
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.29 Mil mean?
TGI Solar Power Group (TSPG) has a Total Assets of $0.29 Mil as of Jul. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Total Assets too high?
TGI Solar Power Group's current Total Assets is $0.29 Mil.
How does TGI Solar Power Group's Total Assets compare to ASTI and PTOS?
TGI Solar Power Group's Total Assets of $0.29 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Semiconductors company?
A good Total Assets depends on the Semiconductors industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on TGI Solar Power Group and its competitors. TGI Solar Power Group's current Total Assets is $0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Total Assets of $0.29 Mil. The current Total Assets is $0.29 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For TGI Solar Power Group (TSPG), the current Total Assets is $0.29 Mil as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.