Taiga Motors Corporation

    Taiga Motors Corporation

    TTSX:TAIG
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    CAD
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    Share Statistics

    As of March 31, 2024, Taiga Motors Corporation has 31.83M shares outstanding.

    Shares Outstanding31.83M

    Valuation Ratios

    These figures are as of March 31, 2024. The price-to-sales ratio is 1.03, and the price-to-book ratio stands at -0.51.

    PS Ratio1.03
    PB Ratio-0.51
    P/TBV Ratio-0.79
    P/FCF Ratio-0.46
    P/OCF Ratio-0.39

    Enterprise Valuation

    These figures are as of March 31, 2024. The EV/Sales ratio of 4.66 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative.

    EV / Sales4.66

    Financial Position

    As of March 31, 2024, Taiga Motors Corporation maintains a current ratio of 1.48, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -487.63, indicating conservative leverage, while an interest coverage ratio of -7.68 demonstrates limited ability to service its debt obligations.

    Current Ratio1.48
    Quick Ratio0.18
    Debt / Equity-487.63
    Debt / EBITDA-1.23
    Interest Coverage-7.68

    Financial Efficiency

    Over the twelve months ended March 31, 2024, Taiga Motors Corporation posted a negative return on equity (ROE) of -135.63, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -75.69, reflecting losses generated across the asset base. Inventory turnover of 1.62 indicates how many times Taiga Motors Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Equity (ROE)-135.63
    Return on Assets (ROA)-75.69
    Inventory Turnover1.62

    Margins

    Over the twelve months ended March 31, 2024, Taiga Motors Corporation posted a gross margin of -136.22, reflecting its pricing power and cost economics. The operating margin of -341.41 and net profit margin of -379.43 provide insight into operational efficiency.

    Gross Margin-136.22
    Operating Margin-341.41
    Pretax Margin-380.57
    Profit Margin-379.43
    EBITDA Margin-304.44

    Dividends & Yields

    These figures cover the twelve months ended March 31, 2024. Free cash flow yield is negative at -216.31: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -110.37, meaning Taiga Motors Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

    Shareholder Yield-110.37
    FCF Yield-216.31

    Stock Splits

    Taiga Motors Corporation's most recent stock split took place on April 23, 2021 with a 5:1 split ratio.

    Last Split Date4/23/2021
    Split Ratio5:1

    Scores

    As of March 31, 2024, Taiga Motors Corporation has an Altman Z-Score of -10.10, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score-10.10