Spectra Products Inc
Spectra Products Inc. operates as a bus and truck transportation safety equipment manufacturing and marketing company in Canada, the United States, and internationally. The company offers Brake Safe, a visual indicator of brake stroke system that permits vehicle drivers and maintenance to visually check the brake adjustment condition of a truck and trailer or bus equipped with an air brake system… Read more
Spectra Products Inc (SPKTF) - Net Assets
Latest net assets as of September 2025: $1.90 Million USD
Based on the latest financial reports, Spectra Products Inc (SPKTF) has net assets worth $1.90 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 ($2.24 Million) and total liabilities ($337.66K). 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 | $1.90 Million |
| % of Total Assets | 84.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | 38.4% |
| 10-Year Change | N/A |
| Growth Volatility | 154.11 |
Spectra Products Inc - Net Assets Trend (1997–2024)
This chart illustrates how Spectra 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 Spectra Products Inc (1997–2024)
The table below shows the annual net assets of Spectra Products Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.81 Million | -1.09% |
| 2023-12-31 | $1.83 Million | +42.11% |
| 2022-12-31 | $1.29 Million | -7.68% |
| 2021-12-31 | $1.39 Million | +6.66% |
| 2020-12-31 | $1.31 Million | +23.11% |
| 2019-12-31 | $1.06 Million | +513.46% |
| 2018-12-31 | $-256.74K | +69.65% |
| 2017-12-31 | $-846.03K | -6.15% |
| 2016-12-31 | $-797.02K | +20.49% |
| 2015-12-31 | $-1.00 Million | +46.23% |
| 2014-12-31 | $-1.86 Million | +6.08% |
| 2013-12-31 | $-1.98 Million | +0.09% |
| 2012-12-31 | $-1.99 Million | -13.72% |
| 2011-12-31 | $-1.75 Million | +41.31% |
| 2010-12-31 | $-2.98 Million | -11.00% |
| 2009-12-31 | $-2.68 Million | -31.85% |
| 2008-12-31 | $-2.03 Million | -42.63% |
| 2007-12-31 | $-1.43 Million | +30.13% |
| 2006-12-31 | $-2.04 Million | -17.94% |
| 2005-12-31 | $-1.73 Million | -25.50% |
| 2004-12-31 | $-1.38 Million | -28.35% |
| 2003-12-31 | $-1.07 Million | -117.41% |
| 2002-12-31 | $-494.11K | -398.56% |
| 2001-12-31 | $165.50K | +278.20% |
| 2000-12-31 | $-92.87K | -- |
| 1999-12-31 | $0.00 | -- |
| 1998-12-31 | $-100.00K | 0.00% |
| 1997-12-31 | $-100.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spectra 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 decreased by 154693000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $582.38K | 32.20% |
| Other Comprehensive Income | $-72.43K | -4.00% |
| Other Components | $5.35 Million | 295.55% |
| Total Equity | $1.81 Million | 100.00% |
Spectra Products Inc Competitors by Market Cap
The table below lists competitors of Spectra Products Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EIFFAGE
BE:EF3
|
$1.17 Million |
|
Manchester Building Society 6.75% PIBS
LSE:MBSP
|
$1.17 Million |
|
Lifeclean International AB
ST:LCLEAN
|
$1.17 Million |
|
Lamar Advertising Company (REIT)
MU:6LA
|
$1.17 Million |
|
Aben Resources Ltd
PINK:ABNAF
|
$1.17 Million |
|
Simonds Group Ltd
AU:SIO
|
$1.17 Million |
|
Atlas Technology Grp
PINK:ATYG
|
$1.17 Million |
|
P2 Solar Inc
PINK:PTOS
|
$1.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spectra Products Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,828,757 to 1,808,746, a change of -20,011 (-1.1%).
- Net income of 157,530 contributed positively to equity growth.
- Share repurchases of 129,170 reduced equity.
- Other comprehensive income decreased equity by 120,001.
- Other factors increased equity by 71,630.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $157.53K | +8.71% |
| Share Repurchases | $129.17K | -7.14% |
| Other Comprehensive Income | $-120.00K | -6.63% |
| Other Changes | $71.63K | +3.96% |
| Total Change | $- | -1.09% |
Book Value vs Market Value Analysis
This analysis compares Spectra 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: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $-0.01 | $0.13 | x |
| 1998-12-31 | $-0.01 | $0.13 | x |
| 1999-12-31 | $-0.12 | $0.13 | x |
| 2000-12-31 | $0.00 | $0.13 | x |
| 2001-12-31 | $0.01 | $0.13 | x |
| 2002-12-31 | $-0.02 | $0.13 | x |
| 2003-12-31 | $-0.04 | $0.13 | x |
| 2004-12-31 | $-0.04 | $0.13 | x |
| 2005-12-31 | $-0.05 | $0.13 | x |
| 2006-12-31 | $-0.06 | $0.13 | x |
| 2007-12-31 | $-0.03 | $0.13 | x |
| 2008-12-31 | $-0.04 | $0.13 | x |
| 2009-12-31 | $-0.05 | $0.13 | x |
| 2010-12-31 | $-0.06 | $0.13 | x |
| 2011-12-31 | $-0.02 | $0.13 | x |
| 2012-12-31 | $-0.02 | $0.13 | x |
| 2013-12-31 | $-0.02 | $0.13 | x |
| 2014-12-31 | $-0.02 | $0.13 | x |
| 2015-12-31 | $-0.06 | $0.13 | x |
| 2016-12-31 | $-0.04 | $0.13 | x |
| 2017-12-31 | $-0.05 | $0.13 | x |
| 2018-12-31 | $0.00 | $0.13 | x |
| 2019-12-31 | $0.07 | $0.13 | x |
| 2020-12-31 | $0.08 | $0.13 | x |
| 2021-12-31 | $0.09 | $0.13 | x |
| 2022-12-31 | $0.08 | $0.13 | x |
| 2023-12-31 | $0.11 | $0.13 | x |
| 2024-12-31 | $0.12 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spectra 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): 8.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.51%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.20x
- Recent ROE (8.71%) is above the historical average (-11.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | -1000.00% | 0.13x | 0.00x | $-990.00K |
| 1998 | 0.00% | 12.50% | 1.14x | 0.00x | $110.00K |
| 1999 | 0.00% | 13.56% | 0.92x | 0.00x | $320.00K |
| 2000 | 0.00% | -103.17% | 0.81x | 0.00x | $-543.78K |
| 2001 | -439.51% | -134.14% | 0.56x | 5.86x | $-743.93K |
| 2002 | 0.00% | -155.70% | 0.79x | 0.00x | $-627.69K |
| 2003 | 0.00% | -148.04% | 1.05x | 0.00x | $-551.43K |
| 2004 | 0.00% | -73.22% | 1.07x | 0.00x | $-374.40K |
| 2005 | 0.00% | -71.80% | 1.19x | 0.00x | $-338.88K |
| 2006 | 0.00% | -60.06% | 1.74x | 0.00x | $-280.20K |
| 2007 | 0.00% | 25.27% | 1.17x | 0.00x | $343.23K |
| 2008 | 0.00% | -89.79% | 1.42x | 0.00x | $-554.52K |
| 2009 | 0.00% | -83.78% | 2.19x | 0.00x | $-379.62K |
| 2010 | 0.00% | -29.64% | 2.99x | 0.00x | $-56.34K |
| 2011 | 0.00% | 6.76% | 3.07x | 0.00x | $217.39K |
| 2012 | 0.00% | -22.01% | 4.28x | 0.00x | $-106.52K |
| 2013 | 0.00% | -5.52% | 4.37x | 0.00x | $77.74K |
| 2014 | 0.00% | 1.36% | 4.18x | 0.00x | $152.73K |
| 2015 | 0.00% | 6.63% | 4.09x | 0.00x | $154.81K |
| 2016 | 0.00% | 5.44% | 3.71x | 0.00x | $114.27K |
| 2017 | 0.00% | 7.12% | 2.96x | 0.00x | $157.47K |
| 2018 | 0.00% | 14.81% | 3.74x | 0.00x | $319.27K |
| 2019 | 55.08% | 37.24% | 1.10x | 1.35x | $478.52K |
| 2020 | 21.35% | 22.30% | 0.82x | 1.17x | $148.33K |
| 2021 | 18.83% | 19.61% | 0.82x | 1.17x | $123.10K |
| 2022 | 5.17% | 5.45% | 0.69x | 1.37x | $-62.20K |
| 2023 | 15.56% | 13.71% | 0.95x | 1.19x | $101.77K |
| 2024 | 8.71% | 9.51% | 0.76x | 1.20x | $-23.34K |
Industry Comparison
This section compares Spectra Products Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $176,531,265,977
- Average return on equity (ROE) among peers: 11.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spectra Products Inc (SPKTF) | $1.90 Million | 0.00% | 0.18x | $1.17 Million |
| Altisource Asset Management Corporation (AAMCF) | $-125.84 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $1.03 Billion | 22.44% | 1.60x | $2.95 Billion |
| AB Dynamics plc (ABDDF) | $111.96 Million | 4.23% | 0.26x | $390.81 Million |
| Adient PLC (ADNT) | $2.96 Billion | 37.46% | 2.64x | $1.56 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $94.58 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.57 Billion | 9.65% | 2.41x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $689.00 Million | 73.15% | 5.10x | $9.85 Billion |
| Autoliv Inc (ALV) | $2.65 Billion | 16.43% | 1.85x | $7.60 Billion |
| Aptiv PLC (APTV) | $8.56 Billion | 6.89% | 1.10x | $14.78 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $1.69 Trillion | 7.47% | 0.97x | $5.03 Billion |