Ultrack Systems Inc
Ultrack Systems, Inc. operates in the fleet tracking industry. Its products include battery-powered asset tracking devices, solar powered asset tracking devices, hard wired GPS trackers, GPS padlocks, plug and play trackers, iridium satellite trackers, and GPS dash camera tracker, as well as yard camera HD 720P solar and battery power IP yard cameras. The company also engages in manufacturing pet… Read more
Ultrack Systems Inc (MJLB) - Net Assets
Latest net assets as of March 2025: $1.21 Million USD
Based on the latest financial reports, Ultrack Systems Inc (MJLB) has net assets worth $1.21 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.39 Million) and total liabilities ($180.50K). 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 | $1.21 Million |
| % of Total Assets | 87.03% |
| Annual Growth Rate | 12.2% |
| 5-Year Change | 475.35% |
| 10-Year Change | N/A |
| Growth Volatility | 167.67 |
Ultrack Systems Inc - Net Assets Trend (2005–2024)
This chart illustrates how Ultrack Systems 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 Ultrack Systems Inc (2005–2024)
The table below shows the annual net assets of Ultrack Systems Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.20 Million | -8.54% |
| 2023-12-31 | $1.31 Million | +14.17% |
| 2022-12-31 | $1.15 Million | +90.40% |
| 2021-12-31 | $602.11K | +189.39% |
| 2020-12-31 | $208.06K | +1870.75% |
| 2019-12-31 | $-11.75K | -124.01% |
| 2018-12-31 | $48.94K | +200.89% |
| 2017-12-31 | $-48.51K | -266.42% |
| 2016-12-31 | $29.15K | +150.84% |
| 2015-12-31 | $-57.33K | +18.30% |
| 2014-12-31 | $-70.17K | +7.15% |
| 2012-12-31 | $-75.58K | -107.08% |
| 2008-12-31 | $1.07 Million | +117.33% |
| 2007-12-31 | $491.00K | -20.81% |
| 2006-12-31 | $619.99K | +361.75% |
| 2005-12-31 | $134.27K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ultrack Systems 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 42150200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.30 Million | 192.49% |
| Other Comprehensive Income | $-10.59K | -0.88% |
| Total Equity | $1.20 Million | 100.00% |
Ultrack Systems Inc Competitors by Market Cap
The table below lists competitors of Ultrack Systems Inc ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ultrack Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,308,871 to 1,197,082, a change of -111,789 (-8.5%).
- Net loss of 46,123 reduced equity.
- Other comprehensive income increased equity by 4,544.
- Other factors decreased equity by 70,210.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-46.12K | -3.85% |
| Other Comprehensive Income | $4.54K | +0.38% |
| Other Changes | $-70.21K | -5.87% |
| Total Change | $- | -8.54% |
Book Value vs Market Value Analysis
This analysis compares Ultrack Systems 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: 0.58x
- 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 |
|---|---|---|---|
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $0.00 | $0.00 | x |
| 2007-12-31 | $0.00 | $0.00 | x |
| 2008-12-31 | $0.00 | $0.00 | x |
| 2015-12-31 | $-0.03 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ultrack Systems 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): -3.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.56%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.16x
- Recent ROE (-3.85%) is above the historical average (-33.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -225.51% | 0.00% | 0.00x | 5.71x | $-316.21K |
| 2006 | -53.51% | 0.00% | 0.00x | 1.88x | $-393.76K |
| 2007 | 9.33% | 0.00% | 0.00x | 2.24x | $-3.31K |
| 2008 | -5.79% | -10291.67% | 0.00x | 1.09x | $-168.46K |
| 2012 | 0.00% | -270.91% | 0.35x | 0.00x | $-24.95K |
| 2014 | 0.00% | -84.73% | 0.12x | 0.00x | $-35.35K |
| 2015 | 0.00% | -33.00% | 1.16x | 0.00x | $-48.66K |
| 2016 | -88.89% | -22.34% | 0.70x | 5.72x | $-28.83K |
| 2017 | 0.00% | -53.61% | 0.85x | 0.00x | $-63.16K |
| 2018 | -122.76% | -31.94% | 0.72x | 5.35x | $-64.98K |
| 2019 | 0.00% | -28.67% | 1.09x | 0.00x | $-59.52K |
| 2020 | -59.28% | -52.73% | 0.61x | 1.83x | $-144.15K |
| 2021 | 18.45% | 19.01% | 0.85x | 1.14x | $50.86K |
| 2022 | 1.21% | 1.86% | 0.58x | 1.11x | $-100.74K |
| 2023 | -0.54% | -3.92% | 0.12x | 1.14x | $-137.96K |
| 2024 | -3.85% | -57.56% | 0.06x | 1.16x | $-165.83K |
Industry Comparison
This section compares Ultrack Systems Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ultrack Systems Inc (MJLB) | $1.21 Million | -225.51% | 0.15x | $2.96 |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |