Omni-Lite Industries Canada Inc
Omni-Lite Industries Canada Inc. manufactures and sells metal alloys, composite components, and fastener systems in the United States and Canada. The company offers components for aerospace, military, specialty automotive, sports, and recreational industries. It also provides track spikes used in track shoes. The company was incorporated in 1992 and is based in Cerritos, California.
Omni-Lite Industries Canada Inc (OLNCF) - Net Assets
Latest net assets as of September 2025: $14.59 Million USD
Based on the latest financial reports, Omni-Lite Industries Canada Inc (OLNCF) has net assets worth $14.59 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 ($21.44 Million) and total liabilities ($6.84 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 | $14.59 Million |
| % of Total Assets | 68.08% |
| Annual Growth Rate | 1.78% |
| 5-Year Change | 33.8% |
| 10-Year Change | -9.24% |
| Growth Volatility | 15.63 |
Omni-Lite Industries Canada Inc - Net Assets Trend (2010–2024)
This chart illustrates how Omni-Lite Industries Canada 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 Omni-Lite Industries Canada Inc (2010–2024)
The table below shows the annual net assets of Omni-Lite Industries Canada Inc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.66 Million | +23.32% |
| 2023-12-31 | $13.51 Million | +8.77% |
| 2022-12-31 | $12.42 Million | -12.41% |
| 2021-12-31 | $14.18 Million | +13.89% |
| 2020-12-31 | $12.45 Million | -1.71% |
| 2019-12-31 | $12.66 Million | -12.89% |
| 2018-12-31 | $14.54 Million | -20.45% |
| 2017-12-31 | $18.28 Million | +1.86% |
| 2016-12-31 | $17.94 Million | -2.24% |
| 2015-12-31 | $18.35 Million | +1.48% |
| 2014-12-31 | $18.08 Million | +0.57% |
| 2013-12-31 | $17.98 Million | +0.13% |
| 2012-12-31 | $17.96 Million | -4.26% |
| 2011-12-31 | $18.76 Million | +44.20% |
| 2010-12-31 | $13.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Omni-Lite Industries Canada 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 101.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $16.76 Million | 100.63% |
| Total Equity | $16.66 Million | 100.00% |
Omni-Lite Industries Canada Inc Competitors by Market Cap
The table below lists competitors of Omni-Lite Industries Canada Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JNB Co., Ltd.
KQ:452160
|
$10.42 Million |
|
Microba Life Sciences Ltd
AU:MAP
|
$10.42 Million |
|
OptiCept Technologies AB
ST:OPTI
|
$10.43 Million |
|
Springwater Special Situations Corp
NASDAQ:SWSS
|
$10.43 Million |
|
Delignit AG
XETRA:DLX
|
$10.42 Million |
|
Umpas Holding AS
IS:UMPAS
|
$10.42 Million |
|
Administer Oyj
HE:ADMIN
|
$10.41 Million |
|
Evergreen Fibreboard Bhd
KLSE:5101
|
$10.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Omni-Lite Industries Canada Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,506,776 to 16,656,026, a change of 3,149,250 (23.3%).
- Net income of 614,526 contributed positively to equity growth.
- Other factors increased equity by 2,534,724.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $614.53K | +3.69% |
| Other Changes | $2.53 Million | +15.22% |
| Total Change | $- | 23.32% |
Book Value vs Market Value Analysis
This analysis compares Omni-Lite Industries Canada 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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.74 | x |
| 2016-12-31 | $0.00 | $0.74 | x |
| 2017-12-31 | $1.82 | $0.74 | x |
| 2018-12-31 | $1.28 | $0.74 | x |
| 2019-12-31 | $1.12 | $0.74 | x |
| 2020-12-31 | $1.10 | $0.74 | x |
| 2021-12-31 | $0.98 | $0.74 | x |
| 2022-12-31 | $0.81 | $0.74 | x |
| 2023-12-31 | $0.88 | $0.74 | x |
| 2024-12-31 | $1.08 | $0.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Omni-Lite Industries Canada 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): 3.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.87%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.41x
- Recent ROE (3.69%) is above the historical average (-1.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 14.05% | 25.56% | 0.37x | 1.48x | $526.68K |
| 2011 | 10.41% | 30.08% | 0.27x | 1.30x | $77.77K |
| 2012 | 1.17% | 3.91% | 0.24x | 1.26x | $-1.59 Million |
| 2013 | 0.77% | 2.61% | 0.24x | 1.24x | $-1.66 Million |
| 2014 | 2.59% | 8.02% | 0.27x | 1.21x | $-1.34 Million |
| 2015 | 4.82% | 11.83% | 0.34x | 1.20x | $-950.18K |
| 2016 | 4.25% | 10.62% | 0.33x | 1.21x | $-1.03 Million |
| 2017 | 4.04% | 11.28% | 0.31x | 1.17x | $-1.09 Million |
| 2018 | -31.12% | -63.94% | 0.41x | 1.19x | $-5.98 Million |
| 2019 | -14.79% | -20.10% | 0.55x | 1.35x | $-3.14 Million |
| 2020 | -4.97% | -9.25% | 0.45x | 1.19x | $-1.86 Million |
| 2021 | -3.41% | -8.38% | 0.25x | 1.63x | $-1.90 Million |
| 2022 | -20.56% | -22.93% | 0.56x | 1.62x | $-3.80 Million |
| 2023 | 0.67% | 0.73% | 0.58x | 1.57x | $-1.26 Million |
| 2024 | 3.69% | 3.87% | 0.68x | 1.41x | $-1.05 Million |
Industry Comparison
This section compares Omni-Lite Industries Canada Inc's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $945,108,837
- Average return on equity (ROE) among peers: -0.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Omni-Lite Industries Canada Inc (OLNCF) | $14.59 Million | 14.05% | 0.47x | $10.42 Million |
| ADF Group Inc (ADFJF) | $91.43 Million | -1.70% | 0.17x | $70.84 Million |
| Aurubis AG (AIAGF) | $2.37 Billion | 14.83% | 0.84x | $2.34 Billion |
| American Metal & Technology Inc (AMGY) | $-2.25 Million | 0.00% | 0.00x | $0.95 |
| Ampco-Pittsburgh Corporation (AP) | $149.83 Million | -53.27% | 2.78x | $96.27 Million |
| Allegheny Technologies Incorporated (ATI) | $2.09 Billion | 1.52% | 1.08x | $19.84 Billion |
| NV Bekaert SA (BEKSF) | $2.17 Billion | 11.76% | 0.88x | $1.30 Billion |
| CompoSecure, Inc. (CMPO) | $-192.55 Million | 0.00% | 0.00x | $1.63 Billion |
| Carpenter Technology Corporation (CRS) | $239.10 Million | 15.18% | 2.05x | $18.51 Billion |
| Cymat Technologies Ltd (CYMHF) | $-612.07K | 0.00% | 0.00x | $6.74 Million |
| ESAB Corp (ESAB) | $2.54 Billion | 6.19% | 0.33x | $5.64 Billion |