Lict Corporation
LICT Corporation, together with its subsidiaries, provides broadband, voice, and video services in the United States. The company offers high speed broadband services, including internet access through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. It also provides video services through traditional cable television services and int… Read more
Lict Corporation (LICT) - Net Assets
Latest net assets as of September 2025: $206.24 Million USD
Based on the latest financial reports, Lict Corporation (LICT) has net assets worth $206.24 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 ($347.08 Million) and total liabilities ($140.84 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 | $206.24 Million |
| % of Total Assets | 59.42% |
| Annual Growth Rate | 5.62% |
| 5-Year Change | 14.23% |
| 10-Year Change | 99.42% |
| Growth Volatility | 13.74 |
Lict Corporation - Net Assets Trend (1998–2024)
This chart illustrates how Lict Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lict Corporation (1998–2024)
The table below shows the annual net assets of Lict Corporation from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $206.29 Million | +5.96% |
| 2023-12-31 | $194.69 Million | -0.47% |
| 2022-12-31 | $195.60 Million | +2.84% |
| 2021-12-31 | $190.20 Million | +5.32% |
| 2020-12-31 | $180.59 Million | +17.01% |
| 2019-12-31 | $154.34 Million | +9.96% |
| 2018-12-31 | $140.37 Million | +14.83% |
| 2017-12-31 | $122.24 Million | +12.69% |
| 2016-12-31 | $108.48 Million | +4.86% |
| 2015-12-31 | $103.45 Million | +4.78% |
| 2014-12-31 | $98.73 Million | +9.62% |
| 2013-12-31 | $90.06 Million | +7.96% |
| 2012-12-31 | $83.42 Million | +21.92% |
| 2011-12-31 | $68.42 Million | +5.41% |
| 2010-12-31 | $64.91 Million | +12.10% |
| 2009-12-31 | $57.91 Million | +17.32% |
| 2008-12-31 | $49.36 Million | +32.94% |
| 2007-12-31 | $37.13 Million | +8.77% |
| 2006-12-31 | $34.13 Million | -25.37% |
| 2005-12-31 | $45.74 Million | -0.82% |
| 2004-12-31 | $46.12 Million | +16.31% |
| 2003-12-31 | $39.65 Million | +33.13% |
| 2002-12-31 | $29.78 Million | -2.79% |
| 2001-12-31 | $30.64 Million | -4.65% |
| 2000-12-31 | $32.13 Million | -13.16% |
| 1999-12-31 | $37.00 Million | -25.70% |
| 1998-12-31 | $49.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lict 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 grown by 29800400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $298.00 Million | 144.46% |
| Common Stock | $206.29 Million | 100.00% |
| Total Equity | $206.29 Million | 100.00% |
Lict Corporation Competitors by Market Cap
The table below lists competitors of Lict Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ElringKlinger AG
PINK:EGKLF
|
$145.18 Million |
|
Gaming Innovation Group Inc
OL:GIG
|
$145.18 Million |
|
Nexpoint Real Estate Finance Inc
NYSE:NREF
|
$145.19 Million |
|
Kung Sing Engineering Corp
TW:5521
|
$145.21 Million |
|
PetroVietnam General Services Corp
VN:PET
|
$145.12 Million |
|
YSB Inc.
F:B1S
|
$145.06 Million |
|
Dong-A St
KO:170900
|
$145.02 Million |
|
DS DANSUK CO., LTD.
KO:017860
|
$145.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lict Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 194,688,000 to 206,291,000, a change of 11,603,000 (6.0%).
- Net income of 23,316,000 contributed positively to equity growth.
- Share repurchases of 11,713,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $23.32 Million | +11.3% |
| Share Repurchases | $11.71 Million | -5.68% |
| Total Change | $- | 5.96% |
Book Value vs Market Value Analysis
This analysis compares Lict 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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.14x to 1.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $1071.20 | $13000.00 | x |
| 1996-12-31 | $1652.84 | $13000.00 | x |
| 1998-12-31 | $1395.55 | $13000.00 | x |
| 1999-12-31 | $9.46 | $13000.00 | x |
| 2000-12-31 | $8.29 | $13000.00 | x |
| 2001-12-31 | $8.69 | $13000.00 | x |
| 2002-12-31 | $805.70 | $13000.00 | x |
| 2003-12-31 | $1072.37 | $13000.00 | x |
| 2004-12-31 | $1248.54 | $13000.00 | x |
| 2005-12-31 | $1240.04 | $13000.00 | x |
| 2006-12-31 | $1258.79 | $13000.00 | x |
| 2010-12-31 | $2669.39 | $13000.00 | x |
| 2011-12-31 | $2863.46 | $13000.00 | x |
| 2012-12-31 | $3543.67 | $13000.00 | x |
| 2013-12-31 | $3941.34 | $13000.00 | x |
| 2014-12-31 | $4413.76 | $13000.00 | x |
| 2015-12-31 | $4673.04 | $13000.00 | x |
| 2016-12-31 | $5045.86 | $13000.00 | x |
| 2017-12-31 | $5808.18 | $13000.00 | x |
| 2018-12-31 | $6925.30 | $13000.00 | x |
| 2019-12-31 | $7909.45 | $13000.00 | x |
| 2020-12-31 | $9602.54 | $13000.00 | x |
| 2021-12-31 | $10484.65 | $13000.00 | x |
| 2022-12-31 | $11144.84 | $13000.00 | x |
| 2023-12-31 | $11342.15 | $13000.00 | x |
| 2024-12-31 | $12363.12 | $13000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lict 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): 11.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.37%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.59x
- Recent ROE (11.30%) is above the historical average (10.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 1.59% | 0.32% | 0.93x | 5.35x | $-2.48 Million |
| 1996 | -1.82% | -0.51% | 0.00x | 0.00x | $-5.32 Million |
| 1998 | 12.47% | 2.39% | 0.83x | 6.26x | $970.00K |
| 1999 | -34.57% | -4.55% | 0.81x | 9.44x | $-11.99 Million |
| 2000 | 10.11% | 1.35% | 0.73x | 10.27x | $25.10K |
| 2001 | 4.68% | 1.45% | 0.28x | 11.39x | $-1.30 Million |
| 2002 | 8.28% | 2.17% | 0.35x | 10.84x | $-390.20K |
| 2003 | 24.73% | 8.45% | 0.35x | 8.44x | $4.40 Million |
| 2004 | 12.92% | 5.09% | 0.34x | 7.44x | $1.01 Million |
| 2005 | 12.66% | 4.59% | 0.34x | 8.11x | $903.80K |
| 2006 | 3.74% | 1.21% | 0.37x | 8.25x | $-2.00 Million |
| 2007 | 25.46% | 9.22% | 0.41x | 6.75x | $5.72 Million |
| 2008 | 29.42% | 14.36% | 0.43x | 4.79x | $9.55 Million |
| 2009 | 16.02% | 9.35% | 0.45x | 3.85x | $3.47 Million |
| 2010 | 16.94% | 11.86% | 0.45x | 3.18x | $4.48 Million |
| 2011 | 6.30% | 4.63% | 0.46x | 2.97x | $-2.52 Million |
| 2012 | 19.11% | 16.68% | 0.48x | 2.39x | $7.57 Million |
| 2013 | 9.00% | 8.38% | 0.46x | 2.34x | $-891.30K |
| 2014 | 10.07% | 11.58% | 0.42x | 2.06x | $66.30K |
| 2015 | 7.57% | 9.03% | 0.48x | 1.74x | $-2.52 Million |
| 2016 | 6.70% | 8.02% | 0.49x | 1.70x | $-3.57 Million |
| 2017 | 18.32% | 20.98% | 0.59x | 1.47x | $10.17 Million |
| 2018 | 18.37% | 22.26% | 0.56x | 1.46x | $11.74 Million |
| 2019 | 17.23% | 22.54% | 0.55x | 1.39x | $11.15 Million |
| 2020 | 20.64% | 30.01% | 0.44x | 1.57x | $19.21 Million |
| 2021 | 13.05% | 19.22% | 0.45x | 1.49x | $5.80 Million |
| 2022 | 9.05% | 15.33% | 0.40x | 1.47x | $-1.86 Million |
| 2023 | 6.88% | 11.49% | 0.38x | 1.58x | $-6.08 Million |
| 2024 | 11.30% | 17.37% | 0.41x | 1.59x | $2.69 Million |
Industry Comparison
This section compares Lict Corporation's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lict Corporation (LICT) | $206.24 Million | 1.59% | 0.68x | $145.17 Million |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |