Brite-Strike Tactical Illumination Products Inc
Brite-Strike Tactical Illumination Products, Inc. designs and manufactures tactical lighting products and solutions for the military, law enforcement, hunting, camping, outdoor recreation, and marine safety markets in the United States. The company provides Tactical Blue Dot series products, perimeter infrared intrusion security alert products, adhesive light strips, remote pressure switches, rol… Read more
Brite-Strike Tactical Illumination Products Inc (BSTK) - Net Assets
Latest net assets as of September 2023: $-57.25K USD
Based on the latest financial reports, Brite-Strike Tactical Illumination Products Inc (BSTK) has net assets worth $-57.25K USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($120.22K) and total liabilities ($177.48K). 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 | $-57.25K |
| % of Total Assets | -47.62% |
| Annual Growth Rate | -13.3% |
| 5-Year Change | -10.24% |
| 10-Year Change | N/A |
| Growth Volatility | 36.65 |
Brite-Strike Tactical Illumination Products Inc - Net Assets Trend (1996–2015)
This chart illustrates how Brite-Strike Tactical Illumination Products 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 Brite-Strike Tactical Illumination Products Inc (1996–2015)
The table below shows the annual net assets of Brite-Strike Tactical Illumination Products Inc from 1996 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $339.05K | -14.87% |
| 2014-12-31 | $398.28K | -23.09% |
| 2013-12-31 | $517.86K | +24.23% |
| 2012-12-31 | $416.85K | +10.36% |
| 2011-12-31 | $377.71K | -52.89% |
| 2010-12-31 | $801.83K | -84.28% |
| 1996-12-31 | $5.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brite-Strike Tactical Illumination Products 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 grown by 464457900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2015)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.99 Million | 883.19% |
| Total Equity | $339.05K | 100.00% |
Brite-Strike Tactical Illumination Products Inc Competitors by Market Cap
The table below lists competitors of Brite-Strike Tactical Illumination Products Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CVR Medical Corp
STU:B3BN
|
$129.66 |
|
W.A.G payment solutions plc
LSE:EWG
|
$130.04 |
|
Unicap Modaraba
KAR:UCAPM
|
$130.12 |
|
Innoveren Scientific Inc.
PINK:IVRN
|
$130.13 |
|
Worldsec Ltd
LSE:WSL
|
$129.43 |
|
Sante Technology Holdings Inc
PINK:SNTE
|
$129.13 |
|
RSXYZ Public Company Limited
BK:RSXYZ
|
$129.12 |
|
The Egyptian Company for Construction Development-Lift Slab
EGX:EDBM
|
$129.07 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brite-Strike Tactical Illumination Products Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from 398,276 to 339,053, a change of -59,223 (-14.9%).
- Net loss of 45,571 reduced equity.
- Other factors decreased equity by 13,652.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-45.57K | -13.44% |
| Other Changes | $-13.65K | -4.03% |
| Total Change | $- | -14.87% |
Book Value vs Market Value Analysis
This analysis compares Brite-Strike Tactical Illumination Products 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: 2.73x
- 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 2.73x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $1.81 | $0.01 | x |
| 2012-12-31 | $0.01 | $0.01 | x |
| 2013-12-31 | $0.01 | $0.01 | x |
| 2014-12-31 | $0.01 | $0.01 | x |
| 2015-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brite-Strike Tactical Illumination Products 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): -13.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.44%
- • Asset Turnover: 2.75x
- • Equity Multiplier: 1.10x
- Recent ROE (-13.44%) is above the historical average (-45.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -64.71% | -5.19% | 2.49x | 5.00x | $-2.54 Million |
| 2010 | -93.35% | -143.71% | 0.57x | 1.14x | $-828.68K |
| 2011 | -26.98% | -39.32% | 0.56x | 1.23x | $-139.66K |
| 2012 | -109.11% | -38.94% | 2.36x | 1.19x | $-496.50K |
| 2013 | 21.34% | 7.22% | 2.60x | 1.14x | $58.74K |
| 2014 | -30.97% | -14.16% | 1.89x | 1.16x | $-163.19K |
| 2015 | -13.44% | -4.44% | 2.75x | 1.10x | $-79.48K |
Industry Comparison
This section compares Brite-Strike Tactical Illumination Products Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brite-Strike Tactical Illumination Products Inc (BSTK) | $-57.25K | -64.71% | N/A | $129.64 |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |