TransGlobal Assets Inc. (TMSH)
TransGlobal Assets Inc., together with its subsidiaries, distributes motor vehicle fuel and tobacco products to retail outlets in the State of Oregon. The company was formerly known as TimeShare Holdings Inc. and changed its name to TransGlobal Assets Inc. in March 2011. TransGlobal Assets Inc. was founded in 2005 and is based in Cheyenne, Wyoming.
Sector: Industrial - Machinery
Industry: Industrial - Machinery
TransGlobal Assets Inc.
OTC:TMSHIndustrials · Industrial - Machinery
$0.0002
Mkt Cap$687K
Float2.08B
O/S3.43B
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$786K
Total Assets$1.46M
Free Cash Flow-$1.06M
Debt & Equity
Debt 169%
Preferred 0%
Total Debt$1.61M
Total Equity-$659K
Preferred Stock$299
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TMSH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.46M
Liabilities$2.12M
Accounts Receivable$400K
Accounts Payable$13K
Inventory$0
PP&E (Net)$10K
Goodwill$0
Intangible Assets$1.05M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Revenue | $0 | $167K | $213K | $0 | $0 | $101K | $1K | $0 | $0 | $0 | $1.76M | $1.69M | $0 | $123K | $20K | $0 | $0 | $0 | $0 |
| YoY Growth | - | -21.3% | - | - | - | 10026.6% | - | - | - | - | 4.2% | - | - | 513.0% | - | - | - | - | - |
| Cost of Revenue | $0 | $80K | $42K | $0 | $0 | $32K | $417 | $0 | $0 | $0 | $1.5M | $1.38M | $0 | $0 | $0 | $0 | $0 | $0 | $79K |
| Gross Profit | $0 | $87K | $171K | $0 | $0 | $70K | $583 | $0 | $0 | $0 | $257K | $311K | $0 | $123K | $20K | $0 | $0 | $0 | -$79K |
| Gross Margin | - | 52.2% | 80.4% | - | - | 68.7% | 58.3% | - | - | - | 14.6% | 18.4% | - | 100.0% | 100.0% | - | - | - | - |
| Research and Development | $13K | $0 | $508 | $0 | $0 | $12K | $4K | $42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $624K | $180K | $169K | $292K | $403K | $496K | $22K | $201K | $178K | $138K | $255K | $316K | $522K | $662K | $6K | $9K | $499K | $389K | $5.88M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $638K | $180K | $170K | $292K | $403K | $508K | $27K | $243K | $178K | $138K | $255K | $316K | $522K | $662K | $6K | $9K | $499K | $389K | $5.88M |
| Operating Income (EBIT) | -$638K | -$93K | $1K | -$292K | -$403K | -$438K | -$26K | -$243K | -$178K | -$138K | $2K | -$5K | -$522K | -$540K | $14K | -$9K | -$499K | -$389K | -$5.96M |
| Operating Margin | - | -55.3% | 0.7% | - | - | -432.7% | -2592.0% | - | - | - | 0.1% | -0.3% | - | -440.2% | 69.1% | - | - | - | - |
| Interest Expense | $159K | $116K | $112K | $70K | $113K | $19K | $2K | $24 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41K | $34K | $27K | $19K |
| Interest Income | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$149K | -$116K | -$112K | -$70K | -$113K | -$19K | $152K | -$24 | $3 | $5 | $0 | $0 | $0 | $540K | $0 | -$41K | $28K | -$13K | -$19K |
| Income Before Tax (EBT) | -$786K | -$208K | -$110K | -$362K | -$516K | -$457K | $126K | -$243K | -$178K | -$138K | $2K | -$5K | -$522K | $0 | $0 | -$49K | -$471K | -$403K | -$5.98M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $540K | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$786K | -$208K | -$110K | -$362K | -$516K | -$457K | $126K | -$243K | -$178K | -$138K | $2K | -$5K | -$522K | -$540K | $14K | -$49K | -$471K | -$403K | -$5.98M |
| Net Income Margin | - | -124.5% | -51.8% | - | - | -451.2% | 12562.7% | - | - | - | 0.1% | -0.3% | - | -440.2% | 69.1% | - | - | - | - |
| Supplementary Data | |||||||||||||||||||
| EPS | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.01 | 0.00 | -0.00 | -0.02 | -0.01 | -0.24 |
| Diluted EPS | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.01 | 0.00 | -0.00 | -0.02 | -0.01 | -0.24 |
| Weighted Average OS | 3.43B | 1.96B | 867.33M | 362.10M | 300.10M | 212.87M | 212.87M | 212.87M | 212.87M | 212.87M | 212.87M | 195.87M | 195.87M | 102.59M | 82.52M | 30.52M | 30.17M | 30.11M | 24.96M |
| EBITDA | -$638K | -$13K | $1K | -$292K | -$403K | -$438K | $299K | -$243K | -$178K | -$138K | $2K | -$5K | -$522K | -$540K | $17K | -$5K | -$495K | -$399K | -$5.96M |
| EBITDA Margin | - | -7.5% | 0.7% | - | - | -432.7% | 29931.2% | - | - | - | 0.1% | -0.3% | - | -440.2% | 87.1% | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2014 | FY 2013 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2014-12-31 | 2013-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $250 | $4K | $17K | $10K | $24K | $5K | $323 | $323 | $2K | -$5K | $351 | $14K | $0 | $1K | $2K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $250 | $4K | $17K | $10K | $24K | $5K | $323 | $323 | $2K | -$5K | $351 | $14K | $0 | $1K | $2K |
| Accounts Receivable | $400K | $11K | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $400K | $14K | $28K | $10K | $24K | $5K | $323 | $323 | $2K | -$5K | $2K | $14K | $0 | $1K | $13K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $10K | $25K | $0 | $1.09M | $1.22M | $1M | $0 | $0 | $551K | $551K | $14K | $14K | $9K | $12K | $16K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.05M | $2.72M | $2.69M | $300K | $1.65M | $150K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9K | $9K |
| Total Long-Term Assets | $1.06M | $2.75M | $2.69M | $1.39M | $2.87M | $1.15M | $0 | $0 | $551K | $551K | $14K | $14K | $9K | $21K | $25K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.46M | $2.76M | $2.72M | $1.4M | $2.89M | $1.15M | $323 | $323 | $553K | $546K | $15K | $27K | $9K | $23K | $38K |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $13K | $58K | $62K | $11K | $22K | $24K | $141K | $0 | $96K | $130K | $130K | $135K | $230K | $235K | $137K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $403K | $20K | $0 | $1.23M | $1.1M | $350K | $348K | $277K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $360K | $321K | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $135 | $224K | $218K | $0 | $12K | $55K | $56K | $0 |
| Total Current Liabilities | $13K | $58K | $62K | $11K | $22K | $24K | $141 | $538 | $340K | $348K | $2K | $1.27M | $996 | $960K | $504K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $1.61M | $1.12M | $1.19M | $1.15M | $2.5M | $1.27M | $272K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $498K | $415K | $434K | $322K | $186K | $21K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.11M | $1.54M | $1.63M | $1.47M | $2.69M | $1.29M | $272 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.12M | $1.6M | $1.69M | $1.48M | $2.71M | $1.31M | $412K | $538K | $340K | $348K | $1.9M | $1.27M | $996K | $960K | $504K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $299 | $199 | $199 | $1K | $1K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3.43M | $1.96M | $867K | $362K | $300K | $213K | $213K | $213K | $213K | $196K | $103K | $83K | $31K | $30K | $30K |
| Retained Earnings | -$2.99M | -$2.21M | -$2M | -$1.89M | -$1.53M | -$1.01M | -$554K | -$679K | $0 | $2K | -$8.23M | -$7.55M | -$7.09M | -$7.04M | -$6.56M |
| Comprehensive Income & Other | $0 | $0 | -$867K | -$362K | -$300K | -$213K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$1.1M | $1.4M | $2.17M | $1.44M | $1.41M | $638K | -$71K | -$71K | $0 | $0 | $6.25M | $6.23M | $6.07M | $6.07M | $6.07M |
| Total Equity | -$659K | $1.16M | $1.04M | -$83K | $181K | -$160K | -$412K | -$538K | $213K | $198K | -$1.88M | -$1.24M | -$987K | -$938K | -$466K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.46M | $2.76M | $2.72M | $1.4M | $2.89M | $1.15M | $323 | $323 | $553K | $546K | $15K | $27K | $9K | $23K | $38K |
| Supplementary Data | |||||||||||||||
| Total Debt | $1.61M | $1.12M | $1.19M | $1.15M | $2.5M | $1.27M | $272K | $403K | $20K | $0 | $1.23M | $1.12M | $350K | $348K | $277K |
| Net Debt | $1.61M | $1.12M | $1.17M | $1.14M | $2.48M | $1.27M | $271 | $403 | $18K | $5K | $1.23M | $1.1M | $350K | $347K | $275K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2015 | FY 2014 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2015-12-31 | 2014-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Operating Activities | ||||||||||||||||
| Net Income | -$786K | -$208K | -$110K | -$362K | -$516K | -$457K | $126K | -$243K | -$138K | $2K | $0 | $14K | -$49K | -$471K | -$403K | -$5.98M |
| Depreciation & Amortization | $0 | $80K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $4K | $4K | $4K | $3K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||
| Accounts Receivable | -$389K | $0 | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$45K | $4K | $58K | $4K | -$2K | $66K | $6K | $0 | $0 | $0 | -$5K | -$95K | -$5K | $98K | $0 | $123K |
| Other Working Capital | $159K | -$3K | $25K | $137K | $165K | $0 | $0 | $6K | $108K | $0 | -$117K | $15K | $40K | $241K | $107K | $12K |
| Total Working Capital Change | -$275K | $920 | $73K | $140K | $164K | $66K | $6K | $6K | $108K | $0 | -$122K | -$80K | $34K | $339K | $107K | $134K |
| Other Non-Cash Items | $0 | -$20K | $38K | $0 | $0 | $0 | $0 | -$21K | $138K | -$1.76M | $0 | $0 | $0 | $0 | $90K | $5.54M |
| Net Cash from Operating | -$1.06M | -$147K | $922 | -$221K | -$352K | -$391K | $132K | -$258K | $108K | -$1.76M | -$122K | -$63K | -$12K | -$128K | -$202K | -$300K |
| Investing Activities | ||||||||||||||||
| Capital Expenditures | $0 | $0 | $3 | $0 | -$1.72M | -$138K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$527 | -$11K |
| Acquisitions | $0 | $0 | $0 | $1.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $1.74M | $0 | $0 | $9K | $0 | -$9K | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $1.32M | -$1.72M | -$138K | $0 | $0 | $0 | $1.74M | $0 | $0 | $9K | $0 | -$10K | -$11K |
| Financing Activities | ||||||||||||||||
| Debt Repaid | -$650K | -$17K | -$42K | $1.35M | -$1.23M | -$528K | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $1.47M | $1.1M | $505K | $62K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20K | $0 | $0 | $178K | $70K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$2.55M | -$762K | $525K | $186K | $857K | $0 | -$132K | $258K | $108K | $16K | $123K | -$14K | $0 | $56K | $10K | $0 |
| Net Cash from Financing | -$426K | $352K | $1.07M | -$1.1M | $2.09M | $528K | -$132K | $258K | $108K | $16K | $123K | $20K | $1K | $127K | $213K | $307K |
| Forex Effect | $1.48M | -$218K | -$1.07M | -$16K | $0 | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K |
| Net Change in Cash | -$3K | -$13K | $7K | -$14K | $19K | $4K | $0 | $0 | $216K | -$2K | $351 | -$43K | -$1K | -$1K | $2K | $0 |
| Supplementary Data | ||||||||||||||||
| Operating Cash Flow | -$1.06M | -$147K | -$38K | -$221K | -$352K | -$391K | $132K | -$258K | $108K | -$1.76M | -$122K | -$63K | -$12K | -$128K | -$202K | -$300K |
| Capital Expenditure | $4 | $3 | $3 | $0 | -$1.72M | -$138K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$527 | -$11K |
| Free Cash Flow | -$1.06M | -$147K | -$38K | -$221K | -$2.07M | -$528K | $132K | -$258K | $108K | -$1.76M | -$122K | -$63K | -$12K | -$128K | -$202K | -$311K |
| Cash at Beginning | $4K | $17K | $10K | $24K | $5K | $323 | $323 | $0 | $0 | $4K | $0 | $56K | $1K | $2K | $225 | $0 |
| Cash at End | $250 | $4K | $17K | $10K | $24K | $5K | $323 | $0 | $216K | $2K | $351 | $14K | $0 | $1K | $2K | $0 |