Intevac Inc
Intevac, Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive and other adjacent thin-film markets. The company sells its prod… Read more
Intevac Inc (IVAC) - Net Assets
Latest net assets as of December 2024: $78.07 Million USD
Based on the latest financial reports, Intevac Inc (IVAC) has net assets worth $78.07 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($109.72 Million) and total liabilities ($31.65 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $78.07 Million |
| % of Total Assets | 71.15% |
| Annual Growth Rate | 3.69% |
| 5-Year Change | -23.13% |
| 10-Year Change | 2.73% |
| Growth Volatility | 127.0 |
Intevac Inc - Net Assets Trend (1995–2024)
This chart illustrates how Intevac Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Intevac Inc (1995–2024)
The table below shows the annual net assets of Intevac Inc from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $78.07 Million | -32.42% |
| 2023-12-31 | $115.52 Million | -6.43% |
| 2022-12-31 | $123.45 Million | -7.88% |
| 2021-12-31 | $134.01 Million | +31.96% |
| 2020-12-31 | $101.56 Million | +6.02% |
| 2019-12-31 | $95.79 Million | +6.88% |
| 2018-12-31 | $89.62 Million | +8.42% |
| 2017-12-31 | $82.66 Million | +12.83% |
| 2016-12-31 | $73.27 Million | -3.59% |
| 2015-12-31 | $76.00 Million | -22.95% |
| 2014-12-31 | $98.63 Million | -23.88% |
| 2013-12-31 | $129.57 Million | -9.16% |
| 2012-12-31 | $142.63 Million | -25.68% |
| 2011-12-31 | $191.91 Million | -7.40% |
| 2010-12-31 | $207.24 Million | +20.94% |
| 2009-12-31 | $171.36 Million | -0.99% |
| 2008-12-31 | $173.07 Million | -6.53% |
| 2007-12-31 | $185.16 Million | +28.31% |
| 2006-12-31 | $144.31 Million | +64.22% |
| 2005-12-31 | $87.87 Million | +26.67% |
| 2004-12-31 | $69.38 Million | +124.74% |
| 2003-12-31 | $30.87 Million | +192.74% |
| 2002-12-31 | $10.54 Million | +648.93% |
| 2001-12-31 | $1.41 Million | -92.09% |
| 2000-12-31 | $17.80 Million | -39.85% |
| 1999-12-31 | $29.60 Million | -26.73% |
| 1998-12-31 | $40.40 Million | -4.72% |
| 1997-12-31 | $42.40 Million | +25.82% |
| 1996-12-31 | $33.70 Million | +23.44% |
| 1995-12-31 | $27.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Intevac Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 976.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $175.00K | 0.22% |
| Other Components | $183.07 Million | 234.49% |
| Total Equity | $78.07 Million | 100.00% |
Intevac Inc Competitors by Market Cap
The table below lists competitors of Intevac Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Range Capital Acquisition Corp. Units
NASDAQ:RANGU
|
$100.25 Million |
|
VICTORIAN P.G. LS -001
F:637
|
$100.26 Million |
|
SANGOMA TEC.
F:54GA
|
$100.27 Million |
|
Netcall plc
PINK:NCLLF
|
$100.27 Million |
|
CSI Properties Limited
F:OIH
|
$100.21 Million |
|
Miwon Commerci
KO:002840
|
$100.20 Million |
|
GOLDEN MATRIX GRP DL-001
F:SE0C
|
$100.15 Million |
|
ARC DOCUMENT SOL. DL-001
F:BK1
|
$100.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Intevac Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 115,517,000 to 78,070,000, a change of -37,447,000 (-32.4%).
- Net loss of 39,799,000 reduced equity.
- New share issuances of 964,000 increased equity.
- Other comprehensive income increased equity by 78,000.
- Other factors increased equity by 1,310,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-39.80 Million | -50.98% |
| Share Issuances | $964.00K | +1.23% |
| Other Comprehensive Income | $78.00K | +0.1% |
| Other Changes | $1.31 Million | +1.68% |
| Total Change | $- | -32.42% |
Book Value vs Market Value Analysis
This analysis compares Intevac Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $2.77 | $4.00 | x |
| 1996-12-31 | $2.63 | $4.00 | x |
| 1997-12-31 | $3.19 | $4.00 | x |
| 1998-12-31 | $3.27 | $4.00 | x |
| 1999-12-31 | $2.51 | $4.00 | x |
| 2000-12-31 | $1.51 | $4.00 | x |
| 2001-12-31 | $0.12 | $4.00 | x |
| 2002-12-31 | $0.69 | $4.00 | x |
| 2003-12-31 | $2.38 | $4.00 | x |
| 2004-12-31 | $3.51 | $4.00 | x |
| 2005-12-31 | $4.14 | $4.00 | x |
| 2006-12-31 | $6.58 | $4.00 | x |
| 2007-12-31 | $8.36 | $4.00 | x |
| 2008-12-31 | $7.97 | $4.00 | x |
| 2009-12-31 | $7.80 | $4.00 | x |
| 2010-12-31 | $9.02 | $4.00 | x |
| 2011-12-31 | $8.38 | $4.00 | x |
| 2012-12-31 | $6.11 | $4.00 | x |
| 2013-12-31 | $5.44 | $4.00 | x |
| 2014-12-31 | $4.17 | $4.00 | x |
| 2015-12-31 | $3.42 | $4.00 | x |
| 2016-12-31 | $3.53 | $4.00 | x |
| 2017-12-31 | $3.61 | $4.00 | x |
| 2018-12-31 | $3.91 | $4.00 | x |
| 2019-12-31 | $4.10 | $4.00 | x |
| 2020-12-31 | $4.29 | $4.00 | x |
| 2021-12-31 | $5.50 | $4.00 | x |
| 2022-12-31 | $4.90 | $4.00 | x |
| 2023-12-31 | $4.42 | $4.00 | x |
| 2024-12-31 | $2.92 | $4.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Intevac Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -50.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -62.21%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.41x
- Recent ROE (-50.98%) is below the historical average (-44.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 26.01% | 16.55% | 0.83x | 1.90x | $4.37 Million |
| 1996 | 14.84% | 5.67% | 1.30x | 2.02x | $1.63 Million |
| 1997 | 29.48% | 9.38% | 0.90x | 3.49x | $8.26 Million |
| 1998 | 0.99% | 0.42% | 0.78x | 3.04x | $-3.64 Million |
| 1999 | -33.11% | -22.79% | 0.46x | 3.19x | $-12.76 Million |
| 2000 | -69.22% | -34.19% | 0.42x | 4.87x | $-14.10 Million |
| 2001 | -1202.84% | -32.90% | 0.86x | 42.73x | $-17.08 Million |
| 2002 | 83.21% | 25.97% | 0.56x | 5.72x | $7.72 Million |
| 2003 | -39.86% | -33.90% | 0.65x | 1.81x | $-15.39 Million |
| 2004 | -6.26% | -6.24% | 0.87x | 1.15x | $-11.28 Million |
| 2005 | 18.38% | 11.77% | 1.05x | 1.48x | $7.36 Million |
| 2006 | 32.36% | 17.97% | 1.26x | 1.43x | $32.27 Million |
| 2007 | 14.77% | 12.67% | 1.00x | 1.16x | $8.83 Million |
| 2008 | -8.87% | -13.91% | 0.58x | 1.09x | $-32.65 Million |
| 2009 | -5.88% | -12.92% | 0.38x | 1.19x | $-27.21 Million |
| 2010 | 13.53% | 13.85% | 0.80x | 1.21x | $7.32 Million |
| 2011 | -11.45% | -26.48% | 0.37x | 1.18x | $-41.17 Million |
| 2012 | -38.78% | -66.31% | 0.48x | 1.21x | $-69.58 Million |
| 2013 | -12.11% | -22.54% | 0.47x | 1.14x | $-28.65 Million |
| 2014 | -27.83% | -41.87% | 0.55x | 1.22x | $-37.31 Million |
| 2015 | -12.06% | -12.20% | 0.77x | 1.29x | $-16.77 Million |
| 2016 | -10.16% | -9.29% | 0.74x | 1.48x | $-14.77 Million |
| 2017 | 4.98% | 3.65% | 0.98x | 1.39x | $-4.15 Million |
| 2018 | 4.00% | 3.76% | 0.78x | 1.36x | $-5.38 Million |
| 2019 | 1.20% | 1.05% | 0.86x | 1.32x | $-8.43 Million |
| 2020 | 1.04% | 1.08% | 0.77x | 1.25x | $-9.10 Million |
| 2021 | -17.20% | -59.85% | 0.24x | 1.18x | $-36.46 Million |
| 2022 | -13.57% | -46.85% | 0.21x | 1.40x | $-29.10 Million |
| 2023 | -10.55% | -23.15% | 0.34x | 1.35x | $-23.74 Million |
| 2024 | -50.98% | -62.21% | 0.58x | 1.41x | $-47.61 Million |
Industry Comparison
This section compares Intevac Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Intevac Inc (IVAC) | $78.07 Million | 26.01% | 0.41x | $100.22 Million |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |