LightPath Technologies Inc (LPTH) - Net Assets
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. Check LightPath Technologies Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore LightPath Technologies Inc asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see LightPath Technologies Inc market capitalisation.
| 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 |
|---|---|
|
PTC India Limited
NSE:PTC
|
$664.89 Million |
|
Sunmax Biotechnology Co Ltd
TWO:4728
|
$664.90 Million |
|
DBAPPSecurity Co Ltd
SHG:688023
|
$665.62 Million |
|
Beijing StarNeto Technology Co Ltd
SHE:002829
|
$665.65 Million |
|
Henan Huaying Agricultural Development Co Ltd
SHE:002321
|
$664.79 Million |
|
AmRest Holdings SE
MC:EAT
|
$664.65 Million |
|
HANA Micron Inc
KQ:067310
|
$664.53 Million |
|
Lao Feng Xiang Co Ltd B
SHG:900905
|
$664.17 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: 35.79x
- 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 2.51x to 35.79x 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 | $13.70 | x |
| 1997-06-30 | $2.51 | $13.70 | x |
| 1998-06-30 | $5.09 | $13.70 | x |
| 1999-06-30 | $5.24 | $13.70 | x |
| 2000-06-30 | $82.03 | $13.70 | x |
| 2001-06-30 | $32.74 | $13.70 | x |
| 2002-06-30 | $13.10 | $13.70 | x |
| 2003-06-30 | $4.33 | $13.70 | x |
| 2004-06-30 | $2.82 | $13.70 | x |
| 2005-06-30 | $1.79 | $13.70 | x |
| 2006-06-30 | $1.64 | $13.70 | x |
| 2007-06-30 | $0.92 | $13.70 | x |
| 2008-06-30 | $0.41 | $13.70 | x |
| 2009-06-30 | $0.27 | $13.70 | x |
| 2010-06-30 | $0.52 | $13.70 | x |
| 2011-06-30 | $0.42 | $13.70 | x |
| 2012-06-30 | $0.41 | $13.70 | x |
| 2013-06-30 | $0.42 | $13.70 | x |
| 2014-06-30 | $0.52 | $13.70 | x |
| 2015-06-30 | $0.54 | $13.70 | x |
| 2016-06-30 | $0.65 | $13.70 | x |
| 2017-06-30 | $1.37 | $13.70 | x |
| 2018-06-30 | $1.32 | $13.70 | x |
| 2019-06-30 | $1.30 | $13.70 | x |
| 2020-06-30 | $1.26 | $13.70 | x |
| 2021-06-30 | $1.28 | $13.70 | x |
| 2022-06-30 | $1.10 | $13.70 | x |
| 2023-06-30 | $1.14 | $13.70 | x |
| 2024-06-30 | $0.80 | $13.70 | x |
| 2025-06-30 | $0.38 | $13.70 | 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: $363,178,227
- Average return on equity (ROE) among peers: 11.18%
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 | $664.80 Million |
| Allient Inc. (ALNT) | $101.81 Million | 15.64% | 1.80x | $1.08 Billion |
| Amphenol Corporation (APH) | $2.34 Billion | 21.19% | 0.71x | $174.92 Billion |
| Bel Fuse A Inc (BELFA) | $233.12 Million | 8.23% | 1.52x | $541.76 Million |
| Bel Fuse B Inc (BELFB) | $178.46 Million | 13.85% | 0.22x | $2.47 Billion |
| Benchmark Electronics Inc (BHE) | $281.94 Million | 4.25% | 1.70x | $2.22 Billion |
| Cps Technologies (CPSH) | $17.32 Million | 7.91% | 0.25x | $84.99 Million |
| CTS Corporation (CTS) | $310.70 Million | 6.42% | 0.68x | $1.36 Billion |
| Data I/O Corporation (DAIO) | $48.20 Million | 9.54% | 0.29x | $25.54 Million |
| Daktronics Inc (DAKT) | $36.23 Million | 17.18% | 1.00x | $960.33 Million |
| Deswell Industries Inc (DSWL) | $81.28 Million | 7.62% | 0.24x | $50.36 Million |
About 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