Omnitek Engineering
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. The company offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as hydrogen and liquid petroleum gas; n… Read more
Omnitek Engineering (OMTK) - Net Assets
Latest net assets as of September 2025: $-1.10 Million USD
Based on the latest financial reports, Omnitek Engineering (OMTK) has net assets worth $-1.10 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($846.75K) and total liabilities ($1.95 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 | $-1.10 Million |
| % of Total Assets | -130.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -175.34% |
| Growth Volatility | 383.67 |
Omnitek Engineering - Net Assets Trend (2009–2024)
This chart illustrates how Omnitek Engineering's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Omnitek Engineering (2009–2024)
The table below shows the annual net assets of Omnitek Engineering from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.35 Million | -13.64% |
| 2023-12-31 | $-1.19 Million | -20.25% |
| 2022-12-31 | $-986.06K | -22.08% |
| 2021-12-31 | $-807.69K | +7.60% |
| 2020-12-31 | $-874.13K | -102.87% |
| 2019-12-31 | $-430.88K | -554.71% |
| 2018-12-31 | $94.76K | -80.12% |
| 2017-12-31 | $476.67K | -62.80% |
| 2016-12-31 | $1.28 Million | -28.35% |
| 2015-12-31 | $1.79 Million | -30.38% |
| 2014-12-31 | $2.57 Million | -35.35% |
| 2013-12-31 | $3.97 Million | -24.57% |
| 2012-12-31 | $5.27 Million | +1073.27% |
| 2011-12-31 | $449.00K | +13.10% |
| 2010-12-31 | $397.00K | -54.42% |
| 2009-12-31 | $871.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Omnitek Engineering'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 2202748400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $20.68 Million | % |
| Total Equity | $-1.35 Million | 100.00% |
Omnitek Engineering Competitors by Market Cap
The table below lists competitors of Omnitek Engineering ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NTT DATA
BE:NT5
|
$219.55K |
|
Coroware Inc
PINK:COWI
|
$219.61K |
|
SPARTANNASH (SRJ.SG)
STU:SRJ
|
$219.74K |
|
OVB HOLDING
MU:O4B
|
$219.86K |
|
Tondo Smart Ltd
TA:TNDO
|
$219.40K |
|
TAIYO YUDEN
MU:TYC1
|
$219.32K |
|
Alpha Group International plc
LSE:ALPH
|
$219.22K |
|
Penn Bancshares Inc
PINK:PEBA
|
$219.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Omnitek Engineering's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,185,690 to -1,347,464, a change of -161,774.
- Net loss of 167,137 reduced equity.
- Other factors increased equity by 5,363.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-167.14K | -12.4% |
| Other Changes | $5.36K | +0.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Omnitek Engineering'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.20 | $0.03 | x |
| 2014-12-31 | $0.13 | $0.03 | x |
| 2015-12-31 | $0.09 | $0.03 | x |
| 2016-12-31 | $0.06 | $0.03 | x |
| 2017-12-31 | $0.02 | $0.03 | x |
| 2018-12-31 | $0.00 | $0.03 | x |
| 2019-12-31 | $-0.02 | $0.03 | x |
| 2020-12-31 | $-0.04 | $0.03 | x |
| 2021-12-31 | $-0.04 | $0.03 | x |
| 2022-12-31 | $-0.04 | $0.03 | x |
| 2023-12-31 | $-0.05 | $0.03 | x |
| 2024-12-31 | $-0.06 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Omnitek Engineering 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.39%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-83.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -88.63% | -334.62% | 0.24x | 1.13x | $-3.92 Million |
| 2014 | -71.19% | -126.68% | 0.46x | 1.21x | $-2.09 Million |
| 2015 | -56.31% | -56.15% | 0.76x | 1.32x | $-1.19 Million |
| 2016 | -70.34% | -68.91% | 0.65x | 1.58x | $-1.03 Million |
| 2017 | -217.40% | -96.47% | 0.66x | 3.42x | $-1.08 Million |
| 2018 | -494.31% | -36.43% | 0.89x | 15.28x | $-477.88K |
| 2019 | 0.00% | -74.70% | 0.87x | 0.00x | $-677.33K |
| 2020 | 0.00% | -55.90% | 0.90x | 0.00x | $-402.30K |
| 2021 | 0.00% | 1.59% | 0.77x | 0.00x | $98.18K |
| 2022 | 0.00% | -18.37% | 0.96x | 0.00x | $-98.10K |
| 2023 | 0.00% | -20.41% | 1.25x | 0.00x | $-96.84K |
| 2024 | 0.00% | -16.39% | 0.91x | 0.00x | $-32.39K |
Industry Comparison
This section compares Omnitek Engineering's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $176,531,265,977
- Average return on equity (ROE) among peers: 11.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Omnitek Engineering (OMTK) | $-1.10 Million | -88.63% | N/A | $219.48K |
| Altisource Asset Management Corporation (AAMCF) | $-125.84 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $1.03 Billion | 22.44% | 1.60x | $2.95 Billion |
| AB Dynamics plc (ABDDF) | $111.96 Million | 4.23% | 0.26x | $390.81 Million |
| Adient PLC (ADNT) | $2.96 Billion | 37.46% | 2.64x | $1.56 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $94.58 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.57 Billion | 9.65% | 2.41x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $689.00 Million | 73.15% | 5.10x | $9.85 Billion |
| Autoliv Inc (ALV) | $2.65 Billion | 16.43% | 1.85x | $7.60 Billion |
| Aptiv PLC (APTV) | $8.56 Billion | 6.89% | 1.10x | $14.78 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $1.69 Trillion | 7.47% | 0.97x | $5.03 Billion |