Lattice Incorporated
Lattice Incorporated provides telecommunications services to correctional facilities in the United States. It also provides technology and engineering services to other service providers in the corrections market. The company's products and services include Corrections Operating Platform, a suite of hardware and software solutions designed to deliver benefits to corrections facilities; Nexus inma… Read more
Lattice Incorporated (LTTC) - Net Assets
Latest net assets as of June 2016: $-7.62 Million USD
Based on the latest financial reports, Lattice Incorporated (LTTC) has net assets worth $-7.62 Million USD as of June 2016.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.01 Million) and total liabilities ($10.63 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 | $-7.62 Million |
| % of Total Assets | -253.2% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 66.19 |
Lattice Incorporated - Net Assets Trend (1985–2015)
This chart illustrates how Lattice Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lattice Incorporated (1985–2015)
The table below shows the annual net assets of Lattice Incorporated from 1985 to 2015.
| Year | Net Assets | Change |
|---|---|---|
| 2015-12-31 | $-7.37 Million | -214.27% |
| 2014-12-31 | $-2.35 Million | +5.07% |
| 2013-12-31 | $-2.47 Million | -43.42% |
| 2012-12-31 | $-1.72 Million | -46.94% |
| 2011-12-31 | $-1.17 Million | -147.82% |
| 2010-12-31 | $2.45 Million | -16.67% |
| 2009-12-31 | $2.94 Million | -22.91% |
| 2008-12-31 | $3.82 Million | +151.15% |
| 2007-12-31 | $1.52 Million | +113.37% |
| 2006-12-31 | $-11.37 Million | -847.64% |
| 2005-12-31 | $-1.20 Million | +64.61% |
| 2004-12-31 | $-3.39 Million | -0.91% |
| 2003-12-31 | $-3.36 Million | -7.43% |
| 2002-12-31 | $-3.13 Million | -97.32% |
| 2001-12-31 | $-1.58 Million | -167.55% |
| 2000-12-31 | $2.35 Million | +19.11% |
| 1999-12-31 | $1.97 Million | -9.80% |
| 1998-12-31 | $2.18 Million | -17.45% |
| 1997-12-31 | $2.64 Million | -14.40% |
| 1996-12-31 | $3.09 Million | +54.44% |
| 1995-12-31 | $2.00 Million | +81.82% |
| 1994-12-31 | $1.10 Million | -21.43% |
| 1993-12-31 | $1.40 Million | -58.82% |
| 1992-12-31 | $3.40 Million | -10.53% |
| 1991-12-31 | $3.80 Million | +5.56% |
| 1990-12-31 | $3.60 Million | -28.00% |
| 1989-12-31 | $5.00 Million | +2.04% |
| 1988-12-31 | $4.90 Million | -10.91% |
| 1987-12-31 | $5.50 Million | +5.77% |
| 1986-12-31 | $5.20 Million | +15.56% |
| 1985-12-31 | $4.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lattice Incorporated'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 4959.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2015)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $947.42K | % |
| Other Comprehensive Income | $3.07K | % |
| Other Components | $45.13 Million | % |
| Total Equity | $-7.37 Million | 100.00% |
Lattice Incorporated Competitors by Market Cap
The table below lists competitors of Lattice Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Francisco Industries Inc
PINK:FRAZ
|
$9.37K |
|
ORMESTER V.NY.M.RT.UF 100
F:2OM0
|
$9.37K |
|
MBH Corporation PLC
PINK:MBHCF
|
$9.37K |
|
Nations Trust Bank PLC
CM:NTBN0000
|
$9.37K |
|
Motion Technology Electric & Machinery Co., Ltd.
TWO:4589
|
$9.34K |
|
Equitech International Corporation
PINK:EQTL
|
$9.34K |
|
Antimony Resources Corp.
F:K8J0
|
$9.32K |
|
CAVELL TOURISTIC INVESTMENTS LTD
SEM:CAVT
|
$9.30K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lattice Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2014 to 2015, total equity changed from -2,345,094 to -7,369,847, a change of -5,024,753.
- Net loss of 5,532,318 reduced equity.
- Dividend payments of 1,988,000 reduced retained earnings.
- Share repurchases of 1,075,534 reduced equity.
- Other comprehensive income increased equity by 615.
- Other factors increased equity by 3,570,484.
Equity Change Factors (2014 to 2015)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.53 Million | -75.07% |
| Dividends Paid | $1.99 Million | -26.97% |
| Share Repurchases | $1.08 Million | -14.59% |
| Other Comprehensive Income | $615.00 | +0.01% |
| Other Changes | $3.57 Million | +48.45% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Lattice Incorporated'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 |
|---|---|---|---|
| 1996-12-31 | $2.59 | $0.00 | x |
| 1997-12-31 | $2.07 | $0.00 | x |
| 1998-12-31 | $1.47 | $0.00 | x |
| 1999-12-31 | $1.15 | $0.00 | x |
| 2000-12-31 | $1.34 | $0.00 | x |
| 2001-12-31 | $-0.88 | $0.00 | x |
| 2002-12-31 | $-0.91 | $0.00 | x |
| 2003-12-31 | $-0.72 | $0.00 | x |
| 2004-12-31 | $-0.51 | $0.00 | x |
| 2005-12-31 | $-0.15 | $0.00 | x |
| 2006-12-31 | $-0.97 | $0.00 | x |
| 2007-12-31 | $0.02 | $0.00 | x |
| 2008-12-31 | $0.07 | $0.00 | x |
| 2009-12-31 | $0.17 | $0.00 | x |
| 2010-12-31 | $0.10 | $0.00 | x |
| 2011-12-31 | $-0.05 | $0.00 | x |
| 2012-12-31 | $-0.06 | $0.00 | x |
| 2013-12-31 | $-0.07 | $0.00 | x |
| 2014-12-31 | $-0.05 | $0.00 | x |
| 2015-12-31 | $-0.11 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lattice Incorporated 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: -72.92%
- • Asset Turnover: 2.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-15.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 8.89% | 9.76% | 0.87x | 1.04x | $-50.00K |
| 1986 | 13.46% | 12.28% | 0.98x | 1.12x | $180.00K |
| 1987 | 7.27% | 8.00% | 0.83x | 1.09x | $-150.00K |
| 1988 | -10.42% | -13.89% | 0.69x | 1.08x | $-980.00K |
| 1989 | 2.04% | 1.96% | 0.96x | 1.08x | $-390.00K |
| 1990 | -32.43% | -32.43% | 0.95x | 1.05x | $-1.57 Million |
| 1991 | 2.63% | 1.45% | 1.38x | 1.32x | $-280.00K |
| 1992 | -14.71% | -8.33% | 1.58x | 1.12x | $-840.00K |
| 1993 | -164.29% | -58.97% | 1.34x | 2.07x | $-2.44 Million |
| 1994 | -136.36% | -34.88% | 1.39x | 2.82x | $-1.61 Million |
| 1995 | -45.00% | -13.43% | 2.09x | 1.60x | $-1.10 Million |
| 1996 | -52.39% | -29.10% | 1.34x | 1.34x | $-1.93 Million |
| 1997 | -38.65% | -23.26% | 1.45x | 1.14x | $-1.29 Million |
| 1998 | -47.48% | -23.81% | 1.40x | 1.42x | $-1.25 Million |
| 1999 | -104.36% | -87.52% | 0.90x | 1.33x | $-2.25 Million |
| 2000 | -57.11% | -25.42% | 1.75x | 1.28x | $-1.57 Million |
| 2001 | 0.00% | -490.99% | 0.59x | 0.00x | $-4.22 Million |
| 2002 | 0.00% | -284.08% | 0.97x | 0.00x | $-2.46 Million |
| 2003 | 0.00% | -6.87% | 3.33x | 0.00x | $53.64K |
| 2004 | 0.00% | -29.89% | 4.66x | 0.00x | $-142.31K |
| 2005 | 0.00% | -20.38% | 1.02x | 0.00x | $-735.34K |
| 2006 | 0.00% | -217.10% | 0.55x | 0.00x | $-15.12 Million |
| 2007 | 285.55% | 24.49% | 0.85x | 13.74x | $3.60 Million |
| 2008 | 25.79% | 5.74% | 1.47x | 3.06x | $571.94K |
| 2009 | -47.65% | -8.51% | 1.77x | 3.17x | $-1.61 Million |
| 2010 | -61.00% | -10.46% | 1.48x | 3.94x | $-1.65 Million |
| 2011 | 0.00% | -52.95% | 1.93x | 0.00x | $-5.93 Million |
| 2012 | 0.00% | -5.30% | 2.18x | 0.00x | $-386.51K |
| 2013 | 0.00% | -12.12% | 1.74x | 0.00x | $-755.30K |
| 2014 | 0.00% | -20.15% | 1.65x | 0.00x | $-1.57 Million |
| 2015 | 0.00% | -72.92% | 2.12x | 0.00x | $-4.80 Million |
Industry Comparison
This section compares Lattice Incorporated's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lattice Incorporated (LTTC) | $-7.62 Million | 8.89% | N/A | $9.37K |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |