Optical Cable Corporation Net Assets
Optical Cable Corporation net assets. Based on the latest financial reports, Optical Cable Corporation (OCC) has net assets worth $24.27 Million USD as of July 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.85 Million) and total liabilities ($20.58 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. Also explore Optical Cable Corporation annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.27 Million |
| % of Total Assets | 54.11% |
| Annual Growth Rate | -0.31% |
| 5-Year Change | -2.85% |
| 10-Year Change | -12.89% |
| Growth Volatility | 16.85 |
Net Assets of Optical Cable Corporation (1996–2025)
Net assets of Optical Cable Corporation from 1996 to 2025. This chart illustrates how Optical Cable Corporation's net assets have evolved over time, based on quarterly financial data. See Optical Cable Corporation balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Optical Cable Corporation (1996–2025)
The table below shows the annual net assets of Optical Cable Corporation from 1996 to 2025. For live market cap and overall valuation, see Optical Cable Corporation (OCC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $21.57 Million | +3.51% |
| 2024-10-31 | $20.84 Million | -15.69% |
| 2023-10-31 | $24.72 Million | +11.56% |
| 2022-10-31 | $22.16 Million | -0.21% |
| 2021-10-31 | $22.21 Million | +45.52% |
| 2020-10-31 | $15.26 Million | -28.15% |
| 2019-10-31 | $21.24 Million | -20.78% |
| 2018-10-31 | $26.81 Million | +13.18% |
| 2017-10-31 | $23.69 Million | -4.34% |
| 2016-10-31 | $24.77 Million | -4.34% |
| 2015-10-31 | $25.89 Million | -14.58% |
| 2014-10-31 | $30.31 Million | +2.53% |
| 2013-10-31 | $29.56 Million | -1.58% |
| 2012-10-31 | $30.04 Million | +8.34% |
| 2011-10-31 | $27.72 Million | +0.52% |
| 2010-10-31 | $27.58 Million | -17.07% |
| 2009-10-31 | $33.26 Million | -4.52% |
| 2008-10-31 | $34.83 Million | +8.92% |
| 2007-10-31 | $31.98 Million | +5.07% |
| 2006-10-31 | $30.43 Million | +3.71% |
| 2005-10-31 | $29.34 Million | +6.03% |
| 2004-10-31 | $27.68 Million | +3.91% |
| 2003-10-31 | $26.63 Million | -5.57% |
| 2002-10-31 | $28.20 Million | +1.22% |
| 2001-10-31 | $27.87 Million | -35.95% |
| 2000-10-31 | $43.51 Million | +32.65% |
| 1999-10-31 | $32.80 Million | +9.33% |
| 1998-10-31 | $30.00 Million | -4.46% |
| 1997-10-31 | $31.40 Million | +33.05% |
| 1996-10-31 | $23.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Optical Cable Corporation'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 84.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Optical Cable Corporation Net Assets Breakdown (October 2025)
Optical Cable Corporation net assets breakdown by equity component as of October 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $763.21K | 3.54% |
| Common Stock | $15.74 Million | 72.98% |
| Other Components | $5.07 Million | 23.49% |
| Total Equity | $21.57 Million | 100.00% |
Optical Cable Corporation Competitors by Market Cap
The table below lists competitors of Optical Cable Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Icares Medicus Inc
TWO:6612
|
$102.50 Million |
|
Seoyon Co Ltd
KO:007860
|
$102.53 Million |
|
ABL GROUP ASA NA NK-10
F:26Q
|
$102.68 Million |
|
NIIT Limited
NSE:NIITLTD
|
$102.69 Million |
|
Hauman Technologies
TWO:6218
|
$102.45 Million |
|
Afyren SAS
PA:ALAFY
|
$102.44 Million |
|
Evertop Wire Cable Corp
TW:1616
|
$102.39 Million |
|
Sif Holding NV
AS:SIFG
|
$102.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Optical Cable Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,841,916 to 21,574,000, a change of 732,084 (3.5%).
- Net loss of 1,454,854 reduced equity.
- New share issuances of 1,907,517 increased equity.
- Other factors increased equity by 279,421.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.45 Million | -6.74% |
| Share Issuances | $1.91 Million | +8.84% |
| Other Changes | $279.42K | +1.3% |
| Total Change | $- | 3.51% |
Book Value vs Market Value Analysis
This analysis compares Optical Cable Corporation'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: 4.32x
- 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 3.62x to 4.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-10-31 | $3.20 | $11.59 | x |
| 1997-10-31 | $4.19 | $11.59 | x |
| 1998-10-31 | $4.12 | $11.59 | x |
| 1999-10-31 | $4.62 | $11.59 | x |
| 2000-10-31 | $6.11 | $11.59 | x |
| 2001-10-31 | $3.98 | $11.59 | x |
| 2002-10-31 | $3.98 | $11.59 | x |
| 2003-10-31 | $4.23 | $11.59 | x |
| 2004-10-31 | $4.62 | $11.59 | x |
| 2005-10-31 | $5.01 | $11.59 | x |
| 2006-10-31 | $5.21 | $11.59 | x |
| 2007-10-31 | $5.36 | $11.59 | x |
| 2008-10-31 | $5.75 | $11.59 | x |
| 2009-10-31 | $5.88 | $11.59 | x |
| 2010-10-31 | $4.63 | $11.59 | x |
| 2011-10-31 | $4.47 | $11.59 | x |
| 2012-10-31 | $4.75 | $11.59 | x |
| 2013-10-31 | $5.22 | $11.59 | x |
| 2014-10-31 | $4.58 | $11.59 | x |
| 2015-10-31 | $4.29 | $11.59 | x |
| 2016-10-31 | $3.84 | $11.59 | x |
| 2017-10-31 | $3.62 | $11.59 | x |
| 2018-10-31 | $3.53 | $11.59 | x |
| 2019-10-31 | $2.88 | $11.59 | x |
| 2020-10-31 | $2.07 | $11.59 | x |
| 2021-10-31 | $2.93 | $11.59 | x |
| 2022-10-31 | $2.95 | $11.59 | x |
| 2023-10-31 | $3.14 | $11.59 | x |
| 2024-10-31 | $2.69 | $11.59 | x |
| 2025-10-31 | $2.68 | $11.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Optical Cable Corporation 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): -6.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.99%
- • Asset Turnover: 1.82x
- • Equity Multiplier: 1.86x
- Recent ROE (-6.74%) is below the historical average (0.75%), 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 | 31.78% | 16.59% | 1.45x | 1.32x | $5.14 Million |
| 1997 | 24.84% | 14.94% | 1.48x | 1.12x | $4.66 Million |
| 1998 | 24.33% | 14.43% | 1.54x | 1.09x | $4.30 Million |
| 1999 | 25.30% | 16.37% | 1.35x | 1.14x | $5.02 Million |
| 2000 | 18.97% | 14.18% | 1.10x | 1.21x | $3.90 Million |
| 2001 | -24.15% | -11.14% | 1.41x | 1.54x | $-9.52 Million |
| 2002 | 1.00% | 0.67% | 1.30x | 1.16x | $-2.54 Million |
| 2003 | 1.18% | 0.77% | 1.36x | 1.13x | $-2.35 Million |
| 2004 | 2.71% | 1.74% | 1.35x | 1.16x | $-2.02 Million |
| 2005 | 3.99% | 2.55% | 1.31x | 1.19x | $-1.76 Million |
| 2006 | 1.15% | 0.77% | 1.30x | 1.14x | $-2.69 Million |
| 2007 | 3.92% | 2.75% | 1.22x | 1.17x | $-1.95 Million |
| 2008 | 6.35% | 3.63% | 1.11x | 1.57x | $-1.27 Million |
| 2009 | -5.79% | -3.28% | 1.16x | 1.51x | $-5.25 Million |
| 2010 | -21.58% | -8.90% | 1.49x | 1.63x | $-8.80 Million |
| 2011 | 1.62% | 0.62% | 1.63x | 1.59x | $-2.36 Million |
| 2012 | 8.97% | 3.29% | 1.75x | 1.56x | $-315.12K |
| 2013 | -0.24% | -0.10% | 1.66x | 1.50x | $-3.09 Million |
| 2014 | 2.21% | 0.82% | 1.66x | 1.61x | $-2.42 Million |
| 2015 | -16.14% | -5.84% | 1.63x | 1.69x | $-6.96 Million |
| 2016 | -7.27% | -2.79% | 1.59x | 1.64x | $-4.28 Million |
| 2017 | -7.34% | -2.71% | 1.60x | 1.69x | $-4.11 Million |
| 2018 | 3.99% | 1.22% | 2.04x | 1.61x | $-1.61 Million |
| 2019 | -26.69% | -7.95% | 1.78x | 1.89x | $-7.79 Million |
| 2020 | -40.11% | -11.07% | 1.51x | 2.40x | $-7.65 Million |
| 2021 | 29.77% | 11.18% | 1.56x | 1.71x | $4.39 Million |
| 2022 | -1.57% | -0.50% | 1.70x | 1.83x | $-2.56 Million |
| 2023 | 8.36% | 2.86% | 1.64x | 1.77x | $-405.69K |
| 2024 | -20.20% | -6.31% | 1.65x | 1.94x | $-6.29 Million |
| 2025 | -6.74% | -1.99% | 1.82x | 1.86x | $-3.61 Million |
Industry Comparison
This section compares Optical Cable Corporation's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $262,257,260
- Average return on equity (ROE) among peers: -37.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Optical Cable Corporation (OCC) | $24.27 Million | 31.78% | 0.85x | $102.48 Million |
| Applied Opt (AAOI) | $277.89 Million | -21.03% | 0.73x | $2.97 Billion |
| ADTRAN Inc (ADTN) | $1.05 Billion | -25.53% | 0.60x | $508.67 Million |
| Airgain Inc (AIRG) | $3.69 Million | -7.32% | 3.13x | $49.27 Million |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $138.60K |
| Amplitech Group Inc (AMPG) | $28.76 Million | -2.35% | 0.28x | $63.35 Million |
| Actelis Networks Inc. (ASNS) | $2.98 Million | -146.53% | 1.76x | $344.90K |
| Ast Spacemobile Inc (ASTS) | $669.15 Million | -44.85% | 0.43x | $10.09 Billion |
| Aviat Networks Inc (AVNW) | $62.34 Million | -3.68% | 1.90x | $243.87 Million |
| Belden Inc (BDC) | $570.87 Million | -63.38% | 1.89x | $4.20 Billion |
| BK Technologies Inc (BKTI) | $15.40 Million | -64.29% | 0.92x | $310.35 Million |
About Optical Cable Corporation
Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. The company offers fiber optic and hybrid cables for high bandwidth transmission of data, video, and audio communications; and copper datacom cables, including u… Read more