LightPath Technologies Inc
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. Th… Read more
LightPath Technologies Inc (LPTH) - Net Assets
Latest net assets as of December 2025: $112.17 Billion USD
Based on the latest financial reports, LightPath Technologies Inc (LPTH) has net assets worth $112.17 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($148.56 Billion) and total liabilities ($36.39 Billion). 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 | $112.17 Billion |
| % of Total Assets | 75.5% |
| Annual Growth Rate | 4.39% |
| 5-Year Change | -53.41% |
| 10-Year Change | 43.11% |
| Growth Volatility | 624.35 |
LightPath Technologies Inc - Net Assets Trend (1996–2025)
This chart illustrates how LightPath Technologies 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 LightPath Technologies Inc (1996–2025)
The table below shows the annual net assets of LightPath Technologies Inc from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $15.64 Million | -48.20% |
| 2024-06-30 | $30.20 Million | -16.00% |
| 2023-06-30 | $35.95 Million | +20.93% |
| 2022-06-30 | $29.73 Million | -11.45% |
| 2021-06-30 | $33.58 Million | -2.86% |
| 2020-06-30 | $34.57 Million | +3.31% |
| 2019-06-30 | $33.46 Million | -5.37% |
| 2018-06-30 | $35.36 Million | +18.96% |
| 2017-06-30 | $29.72 Million | +171.88% |
| 2016-06-30 | $10.93 Million | +36.65% |
| 2015-06-30 | $8.00 Million | +9.65% |
| 2014-06-30 | $7.30 Million | +34.37% |
| 2013-06-30 | $5.43 Million | +35.66% |
| 2012-06-30 | $4.00 Million | -0.83% |
| 2011-06-30 | $4.04 Million | -4.92% |
| 2010-06-30 | $4.24 Million | +150.98% |
| 2009-06-30 | $1.69 Million | -21.69% |
| 2008-06-30 | $2.16 Million | -47.64% |
| 2007-06-30 | $4.12 Million | -35.85% |
| 2006-06-30 | $6.43 Million | +8.42% |
| 2005-06-30 | $5.93 Million | -25.77% |
| 2004-06-30 | $7.99 Million | -28.55% |
| 2003-06-30 | $11.18 Million | -65.54% |
| 2002-06-30 | $32.44 Million | -58.42% |
| 2001-06-30 | $78.02 Million | -20.66% |
| 2000-06-30 | $98.34 Million | +3412.10% |
| 1999-06-30 | $2.80 Million | -42.86% |
| 1998-06-30 | $4.90 Million | +133.33% |
| 1997-06-30 | $2.10 Million | -53.33% |
| 1996-06-30 | $4.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LightPath Technologies 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 21651675700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $429.49K | 2.75% |
| Other Comprehensive Income | $978.69K | 6.26% |
| Other Components | $244.95 Million | 1565.72% |
| Total Equity | $15.64 Million | 100.00% |
LightPath Technologies Inc Competitors by Market Cap
The table below lists competitors of LightPath Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Central China Land Media Co Ltd
SHE:000719
|
$517.78 Million |
|
Zhejiang Entive Smart Kitchen Appliance Co. Ltd.
SHE:300911
|
$517.90 Million |
|
Swan Energy Limited
NSE:SWANENERGY
|
$518.00 Million |
|
Guangdong Guanhao High-Tech Co Ltd
SHG:600433
|
$518.19 Million |
|
Zhejiang Semir Garment Co Ltd
SHE:002563
|
$517.45 Million |
|
Deep Yellow Ltd
OTCQX:DYLLF
|
$517.38 Million |
|
Bar Harbor Bankshares Inc
NYSE MKT:BHB
|
$517.25 Million |
|
China World Trade Center Co Ltd
SHG:600007
|
$517.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LightPath Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,199,665 to 15,644,768, a change of -14,554,897 (-48.2%).
- Net loss of 14,873,182 reduced equity.
- New share issuances of 19,112,751 increased equity.
- Other comprehensive income increased equity by 468,750.
- Other factors decreased equity by 19,263,216.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.87 Million | -95.07% |
| Share Issuances | $19.11 Million | +122.17% |
| Other Comprehensive Income | $468.75K | +3.0% |
| Other Changes | $-19.26 Million | -123.13% |
| Total Change | $- | -48.20% |
Book Value vs Market Value Analysis
This analysis compares LightPath Technologies 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: 31.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.20x to 31.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-06-30 | $5.45 | $11.99 | x |
| 1997-06-30 | $2.51 | $11.99 | x |
| 1998-06-30 | $5.09 | $11.99 | x |
| 1999-06-30 | $5.24 | $11.99 | x |
| 2000-06-30 | $82.03 | $11.99 | x |
| 2001-06-30 | $32.74 | $11.99 | x |
| 2002-06-30 | $13.10 | $11.99 | x |
| 2003-06-30 | $4.33 | $11.99 | x |
| 2004-06-30 | $2.82 | $11.99 | x |
| 2005-06-30 | $1.79 | $11.99 | x |
| 2006-06-30 | $1.64 | $11.99 | x |
| 2007-06-30 | $0.92 | $11.99 | x |
| 2008-06-30 | $0.41 | $11.99 | x |
| 2009-06-30 | $0.27 | $11.99 | x |
| 2010-06-30 | $0.52 | $11.99 | x |
| 2011-06-30 | $0.42 | $11.99 | x |
| 2012-06-30 | $0.41 | $11.99 | x |
| 2013-06-30 | $0.42 | $11.99 | x |
| 2014-06-30 | $0.52 | $11.99 | x |
| 2015-06-30 | $0.54 | $11.99 | x |
| 2016-06-30 | $0.65 | $11.99 | x |
| 2017-06-30 | $1.37 | $11.99 | x |
| 2018-06-30 | $1.32 | $11.99 | x |
| 2019-06-30 | $1.30 | $11.99 | x |
| 2020-06-30 | $1.26 | $11.99 | x |
| 2021-06-30 | $1.28 | $11.99 | x |
| 2022-06-30 | $1.10 | $11.99 | x |
| 2023-06-30 | $1.14 | $11.99 | x |
| 2024-06-30 | $0.80 | $11.99 | x |
| 2025-06-30 | $0.38 | $11.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LightPath Technologies 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): -95.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.98%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 5.21x
- Recent ROE (-95.07%) is below the historical average (-59.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -64.44% | -1450.00% | 0.04x | 1.16x | $-3.35 Million |
| 1997 | -142.86% | -428.57% | 0.26x | 1.29x | $-3.21 Million |
| 1998 | -87.76% | -537.50% | 0.13x | 1.29x | $-4.79 Million |
| 1999 | -128.57% | -327.27% | 0.35x | 1.11x | $-3.88 Million |
| 2000 | -15.88% | -688.80% | 0.02x | 1.02x | $-25.44 Million |
| 2001 | -77.88% | -232.43% | 0.31x | 1.08x | $-68.57 Million |
| 2002 | -156.23% | -405.25% | 0.34x | 1.14x | $-53.93 Million |
| 2003 | -189.54% | -312.32% | 0.54x | 1.12x | $-22.31 Million |
| 2004 | -70.08% | -67.19% | 0.86x | 1.21x | $-6.40 Million |
| 2005 | -58.68% | -29.61% | 1.54x | 1.28x | $-4.07 Million |
| 2006 | -52.40% | -27.68% | 1.33x | 1.43x | $-4.01 Million |
| 2007 | -63.39% | -19.58% | 2.01x | 1.61x | $-3.03 Million |
| 2008 | -253.17% | -61.95% | 1.61x | 2.54x | $-5.68 Million |
| 2009 | -226.05% | -51.05% | 1.28x | 3.45x | $-3.99 Million |
| 2010 | -13.22% | -6.06% | 1.24x | 1.76x | $-985.43K |
| 2011 | -39.69% | -16.02% | 1.40x | 1.76x | $-2.01 Million |
| 2012 | -21.61% | -7.66% | 1.36x | 2.07x | $-1.27 Million |
| 2013 | 3.97% | 1.83% | 1.41x | 1.54x | $-327.64K |
| 2014 | -4.29% | -2.65% | 1.11x | 1.47x | $-1.04 Million |
| 2015 | -8.94% | -5.24% | 1.07x | 1.59x | $-1.52 Million |
| 2016 | 12.94% | 8.19% | 1.11x | 1.43x | $321.42K |
| 2017 | 25.92% | 27.15% | 0.61x | 1.57x | $4.73 Million |
| 2018 | 3.00% | 3.26% | 0.69x | 1.33x | $-2.48 Million |
| 2019 | -8.01% | -7.94% | 0.73x | 1.37x | $-6.03 Million |
| 2020 | 2.51% | 2.48% | 0.74x | 1.38x | $-2.59 Million |
| 2021 | -9.49% | -8.28% | 0.70x | 1.63x | $-6.54 Million |
| 2022 | -11.91% | -9.96% | 0.70x | 1.71x | $-6.52 Million |
| 2023 | -11.26% | -12.29% | 0.62x | 1.49x | $-7.64 Million |
| 2024 | -26.51% | -25.24% | 0.66x | 1.59x | $-11.03 Million |
| 2025 | -95.07% | -39.98% | 0.46x | 5.21x | $-16.44 Million |
Industry Comparison
This section compares LightPath Technologies Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LightPath Technologies Inc (LPTH) | $112.17 Billion | -64.44% | 0.32x | $517.55 Million |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |