Ocean Power Technologies Inc
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solut… Read more
Ocean Power Technologies Inc (OPTT) - Net Assets
Latest net assets as of October 2025: $22.30 Million USD
Based on the latest financial reports, Ocean Power Technologies Inc (OPTT) has net assets worth $22.30 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.32 Million) and total liabilities ($17.02 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 | $22.30 Million |
| % of Total Assets | 56.71% |
| Annual Growth Rate | 19.91% |
| 5-Year Change | -66.88% |
| 10-Year Change | 655.37% |
| Growth Volatility | 1585.44 |
Ocean Power Technologies Inc - Net Assets Trend (2003–2025)
This chart illustrates how Ocean Power 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 Ocean Power Technologies Inc (2003–2025)
The table below shows the annual net assets of Ocean Power Technologies Inc from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $26.65 Million | +37.78% |
| 2024-04-30 | $19.34 Million | -55.99% |
| 2023-04-30 | $43.95 Million | -36.14% |
| 2022-04-30 | $68.83 Million | -14.46% |
| 2021-04-30 | $80.47 Million | +666.87% |
| 2020-04-30 | $10.49 Million | -33.48% |
| 2019-04-30 | $15.78 Million | +54.11% |
| 2018-04-30 | $10.24 Million | +87.92% |
| 2017-04-30 | $5.45 Million | +54.38% |
| 2016-04-30 | $3.53 Million | -76.88% |
| 2015-04-30 | $15.26 Million | -45.69% |
| 2014-04-30 | $28.10 Million | +55.07% |
| 2013-04-30 | $18.12 Million | -43.56% |
| 2012-04-30 | $32.11 Million | -30.94% |
| 2011-04-30 | $46.49 Million | -28.31% |
| 2010-04-30 | $64.86 Million | -21.66% |
| 2009-04-30 | $82.78 Million | -17.30% |
| 2008-04-30 | $100.10 Million | -11.06% |
| 2007-04-30 | $112.54 Million | +262.26% |
| 2006-04-30 | $31.07 Million | -17.89% |
| 2005-04-30 | $37.84 Million | -0.04% |
| 2004-04-30 | $37.85 Million | +7612.80% |
| 2003-04-30 | $490.79K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ocean Power 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 31081486800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $172.00K | 0.65% |
| Other Components | $355.57 Million | 1334.12% |
| Total Equity | $26.65 Million | 100.00% |
Ocean Power Technologies Inc Competitors by Market Cap
The table below lists competitors of Ocean Power Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mufin Green Finance Ltd
NSE:MUFIN
|
$69.45 Million |
|
Tri City Bankshares Corp
PINK:TRCY
|
$69.47 Million |
|
Toya SA
WAR:TOA
|
$69.47 Million |
|
Haad Thip Public Company Limited
PINK:HAATF
|
$69.49 Million |
|
SEPC Limited
NSE:SEPC
|
$69.44 Million |
|
P/F BankNordik
CO:BNORDIK-CSE
|
$69.40 Million |
|
SA Catana Group
PA:CATG
|
$69.35 Million |
|
Action Electronics Co Ltd
TW:3024
|
$69.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ocean Power Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,344,000 to 26,652,000, a change of 7,308,000 (37.8%).
- Net loss of 21,511,000 reduced equity.
- New share issuances of 20,179,000 increased equity.
- Other comprehensive income increased equity by 45,000.
- Other factors increased equity by 8,595,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.51 Million | -80.71% |
| Share Issuances | $20.18 Million | +75.71% |
| Other Comprehensive Income | $45.00K | +0.17% |
| Other Changes | $8.60 Million | +32.25% |
| Total Change | $- | 37.78% |
Book Value vs Market Value Analysis
This analysis compares Ocean Power 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: 1.86x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.01x to 1.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-04-30 | $32.53 | $0.39 | x |
| 2004-04-30 | $1875.13 | $0.39 | x |
| 2005-04-30 | $1473.56 | $0.39 | x |
| 2006-04-30 | $344.26 | $0.39 | x |
| 2007-04-30 | $726.98 | $0.39 | x |
| 2008-04-30 | $1962.60 | $0.39 | x |
| 2009-04-30 | $1621.58 | $0.39 | x |
| 2010-04-30 | $1268.75 | $0.39 | x |
| 2011-04-30 | $907.01 | $0.39 | x |
| 2012-04-30 | $625.36 | $0.39 | x |
| 2013-04-30 | $355.02 | $0.39 | x |
| 2014-04-30 | $472.94 | $0.39 | x |
| 2015-04-30 | $179.39 | $0.39 | x |
| 2016-04-30 | $38.98 | $0.39 | x |
| 2017-04-30 | $25.58 | $0.39 | x |
| 2018-04-30 | $13.34 | $0.39 | x |
| 2019-04-30 | $12.26 | $0.39 | x |
| 2020-04-30 | $1.46 | $0.39 | x |
| 2021-04-30 | $2.68 | $0.39 | x |
| 2022-04-30 | $1.27 | $0.39 | x |
| 2023-04-30 | $0.78 | $0.39 | x |
| 2024-04-30 | $0.33 | $0.39 | x |
| 2025-04-30 | $0.21 | $0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ocean Power 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): -80.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -367.02%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.16x
- Recent ROE (-80.71%) is below the historical average (-74.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -167.12% | -32.19% | 0.89x | 5.87x | $-869.28K |
| 2004 | -7.53% | -60.46% | 0.12x | 1.08x | $-6.63 Million |
| 2005 | -1.13% | -7.99% | 0.13x | 1.10x | $-4.21 Million |
| 2006 | -22.79% | -405.04% | 0.05x | 1.09x | $-10.19 Million |
| 2007 | -8.56% | -380.78% | 0.02x | 1.06x | $-20.89 Million |
| 2008 | -14.64% | -307.14% | 0.04x | 1.07x | $-24.67 Million |
| 2009 | -22.12% | -452.29% | 0.05x | 1.07x | $-26.59 Million |
| 2010 | -29.58% | -375.79% | 0.07x | 1.13x | $-25.65 Million |
| 2011 | -43.98% | -305.42% | 0.12x | 1.15x | $-25.08 Million |
| 2012 | -47.11% | -263.84% | 0.15x | 1.17x | $-18.35 Million |
| 2013 | -80.27% | -406.01% | 0.15x | 1.36x | $-16.51 Million |
| 2014 | -38.52% | -731.82% | 0.04x | 1.34x | $-13.82 Million |
| 2015 | -83.60% | -319.44% | 0.22x | 1.20x | $-14.68 Million |
| 2016 | -372.10% | -1862.74% | 0.07x | 2.93x | $-13.48 Million |
| 2017 | -174.15% | -1125.27% | 0.08x | 1.85x | $-10.03 Million |
| 2018 | -99.23% | -1987.67% | 0.04x | 1.38x | $-11.18 Million |
| 2019 | -77.63% | -1937.66% | 0.03x | 1.16x | $-13.82 Million |
| 2020 | -98.66% | -615.46% | 0.12x | 1.29x | $-11.40 Million |
| 2021 | -19.69% | -1313.85% | 0.01x | 1.07x | $-23.89 Million |
| 2022 | -27.42% | -1073.00% | 0.02x | 1.07x | $-25.76 Million |
| 2023 | -59.90% | -963.62% | 0.05x | 1.21x | $-30.72 Million |
| 2024 | -142.08% | -497.43% | 0.19x | 1.48x | $-29.42 Million |
| 2025 | -80.71% | -367.02% | 0.19x | 1.16x | $-24.18 Million |
Industry Comparison
This section compares Ocean Power Technologies 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 |
|---|---|---|---|---|
| Ocean Power Technologies Inc (OPTT) | $22.30 Million | -167.12% | 0.76x | $69.45 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 |