Odyne Corporation
Odyne Corporation does not have significant operations. Prior to January 20, 2009, it engaged in the design, development, manufacture, and installation of plug-in hybrid electric vehicle propulsion systems for medium and heavy duty trucks and buses in the United States. The company was founded in 2001 and is headquartered in Hauppauge, New York.
Odyne Corporation (ODYC) - Net Assets
Latest net assets as of September 2008: $1.25 Million USD
Based on the latest financial reports, Odyne Corporation (ODYC) has net assets worth $1.25 Million USD as of September 2008.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.65 Million) and total liabilities ($4.40 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 | $1.25 Million |
| % of Total Assets | 22.17% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5547.5 |
Odyne Corporation - Net Assets Trend (2004–2007)
This chart illustrates how Odyne 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 Odyne Corporation (2004–2007)
The table below shows the annual net assets of Odyne Corporation from 2004 to 2007.
| Year | Net Assets | Change |
|---|---|---|
| 2007-12-31 | $-313.62K | -111.02% |
| 2006-12-31 | $2.85 Million | +12751.21% |
| 2006-06-30 | $22.15K | 0.00% |
| 2005-12-31 | $22.15K | -68.59% |
| 2004-12-31 | $70.53K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Odyne 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 decreased by 808769600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2007)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.06K | % |
| Other Components | $7.77 Million | % |
| Total Equity | $-313.62K | 100.00% |
Odyne Corporation Competitors by Market Cap
The table below lists competitors of Odyne Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Helmer Directional
PINK:EXLA
|
$0.99 |
|
Avistar Communications Corp
PINK:AVSR
|
$0.99 |
|
Powerlock Intl Corp
PINK:PWLK
|
$0.99 |
|
Southern Home Medicl
PINK:SHOM
|
$0.99 |
|
Spyglass Resources Corp
PINK:SGLRF
|
$0.99 |
|
Pathfinder Cell Therapy Inc
PINK:PFND
|
$0.99 |
|
City Bank
PINK:CTBK
|
$0.99 |
|
AgriMinco Corp
PINK:ETPHF
|
$0.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Odyne Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2006 to 2007, total equity changed from 2,846,799 to -313,621, a change of -3,160,420 (-111.0%).
- Net loss of 4,262,090 reduced equity.
- Share repurchases of 3,514,672 reduced equity.
- Other factors increased equity by 4,616,342.
Equity Change Factors (2006 to 2007)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.26 Million | -1358.99% |
| Share Repurchases | $3.51 Million | -1120.67% |
| Other Changes | $4.62 Million | +1471.95% |
| Total Change | $- | -111.02% |
Book Value vs Market Value Analysis
This analysis compares Odyne 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $0.21 | $0.00 | x |
| 2007-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Odyne 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -697.62%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (19.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -13.62% | -6.99% | 1.75x | 1.11x | $-16.66K |
| 2005 | 91.45% | 11.91% | 3.50x | 2.19x | $18.04K |
| 2006 | 91.45% | 11.91% | 3.50x | 2.19x | $18.04K |
| 2006 | -70.60% | -827.33% | 0.07x | 1.30x | $-2.29 Million |
| 2007 | 0.00% | -697.62% | 0.20x | 0.00x | $-4.23 Million |
Industry Comparison
This section compares Odyne Corporation's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Odyne Corporation (ODYC) | $1.25 Million | -13.62% | 3.51x | $0.99 |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |