Lite Access Technologies Inc (LTE) - Net Assets

Latest as of September 2025: CA$2.57 Million CAD ≈ $1.86 Million USD

Based on the latest financial reports, Lite Access Technologies Inc (LTE) has net assets worth CA$2.57 Million CAD (≈ $1.86 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 (CA$29.72 Million ≈ $21.50 Million USD) and total liabilities (CA$27.15 Million ≈ $19.64 Million USD). 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. Check Lite Access Technologies Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$2.57 Million
% of Total Assets	8.65%
Annual Growth Rate	N/A
5-Year Change	3.97%
10-Year Change	-69.48%
Growth Volatility	121.98

Lite Access Technologies Inc - Net Assets Trend (2013–2025)

This chart illustrates how Lite Access Technologies Inc's net assets have evolved over time, based on quarterly financial data. See Lite Access Technologies Inc (LTE) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Lite Access Technologies Inc (2013–2025)

The table below shows the annual net assets of Lite Access Technologies Inc from 2013 to 2025. For live valuation and market cap data, see market value of Lite Access Technologies Inc.

Year	Net Assets	Change
2025-09-30	CA$2.57 Million ≈ $1.86 Million	+448.69%
2024-09-30	CA$-736.94K ≈ $-533.09K	-334.11%
2023-09-30	CA$-169.76K ≈ $-122.80K	-128.38%
2022-09-30	CA$598.15K ≈ $432.69K	-75.80%
2021-09-30	CA$2.47 Million ≈ $1.79 Million	+276.73%
2020-09-30	CA$-1.40 Million ≈ $-1.01 Million	-120.25%
2019-09-30	CA$6.91 Million ≈ $5.00 Million	-42.58%
2018-09-30	CA$12.03 Million ≈ $8.70 Million	-43.26%
2017-09-30	CA$21.20 Million ≈ $15.33 Million	+151.71%
2016-09-30	CA$8.42 Million ≈ $6.09 Million	+203.01%
2015-09-30	CA$2.78 Million ≈ $2.01 Million	+1739.21%
2014-09-30	CA$-169.53K ≈ $-122.64K	+15.83%
2013-09-30	CA$-201.41K ≈ $-145.70K	--

Equity Component Analysis

This analysis shows how different components contribute to Lite Access Technologies 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 1283325500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component	Amount	Percentage
Retained Earnings	CA$11.38 Million	442.83%
Total Equity	CA$2.57 Million	100.00%

Lite Access Technologies Inc Competitors by Market Cap

The table below lists competitors of Lite Access Technologies Inc ranked by their market capitalization.

Company	Market Cap
UNITEDLABELS Aktiengesellschaft F:ULC	$7.90 Million
Zonte Metals Inc V:ZON	$7.90 Million
paragon GmbH & Co. KGaA F:PGN	$7.91 Million
Langgeng Makmur Industri Tbk JK:LMPI	$7.92 Million
Dovre Group Plc HE:DOV1V	$7.89 Million
DIGIDRIVE DISTRIBUTORS LTD NSE:DIGIDRIVE	$7.89 Million
HUIJING HLDG.CO.LTD HD-01 F:3XU	$7.88 Million
Mitra Angkasa Sejahtera PT Tbk JK:BAUT	$7.88 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lite Access Technologies Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -736,942 to 2,569,678, a change of 3,306,620.
Net income of 2,185,166 contributed positively to equity growth.
Dividend payments of 500,000 reduced retained earnings.
Other factors increased equity by 1,621,454.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$2.19 Million	+85.04%
Dividends Paid	CA$500.00K	-19.46%
Other Changes	CA$1.62 Million	+63.1%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Lite Access Technologies 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: 8.44x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-09-30	CA$-0.01	CA$0.13	x
2015-09-30	CA$0.14	CA$0.13	x
2016-09-30	CA$0.26	CA$0.13	x
2017-09-30	CA$0.55	CA$0.13	x
2018-09-30	CA$0.28	CA$0.13	x
2019-09-30	CA$0.16	CA$0.13	x
2020-09-30	CA$-0.03	CA$0.13	x
2021-09-30	CA$0.03	CA$0.13	x
2022-09-30	CA$0.01	CA$0.13	x
2023-09-30	CA$0.00	CA$0.13	x
2024-09-30	CA$-0.01	CA$0.13	x
2025-09-30	CA$0.01	CA$0.13	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lite Access Technologies 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): 85.04%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.68%
• Asset Turnover: 0.76x
• Equity Multiplier: 11.57x
Recent ROE (85.04%) is above the historical average (-46.45%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	0.00%	3.73%	5.63x	0.00x	CA$48.84K
2015	-58.55%	-152.68%	0.25x	1.51x	CA$-1.90 Million
2016	17.31%	11.56%	1.21x	1.24x	CA$615.44K
2017	-38.23%	-97.21%	0.35x	1.12x	CA$-10.22 Million
2018	-86.31%	-107.03%	0.63x	1.28x	CA$-11.58 Million
2019	-76.19%	-43.15%	1.40x	1.26x	CA$-5.95 Million
2020	0.00%	-92.66%	1.62x	0.00x	CA$-17.34 Million
2021	86.88%	29.87%	1.10x	2.65x	CA$1.90 Million
2022	-487.38%	-50.47%	1.60x	6.03x	CA$-2.98 Million
2023	0.00%	-29.51%	1.75x	0.00x	CA$-1.46 Million
2024	0.00%	-13.20%	1.28x	0.00x	CA$-557.08K
2025	85.04%	9.68%	0.76x	11.57x	CA$1.93 Million

Industry Comparison

This section compares Lite Access Technologies Inc's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

Industry: Communication Equipment
Average net assets among peers: $170,606,998
Average return on equity (ROE) among peers: -264.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lite Access Technologies Inc (LTE)	CA$2.57 Million	0.00%	10.57x	$7.89 Million
Bewhere Holdings Inc (BEW)	$6.42 Million	-8.81%	0.06x	$55.45 Million
Baylin Technologies Inc (BYL)	$48.86 Million	-34.64%	1.73x	$65.83 Million
C-Com Satellite Systems Inc. (CMI)	$1.36 Million	-6.24%	0.30x	$29.04 Million
Enablence Technologies Inc (ENA)	$739.00K	-2189.04%	11.06x	$167.66 Million
Evertz Technologies Limited (ET)	$331.28 Million	16.02%	0.27x	$904.23 Million
Ironman International Ltd. (IMI)	$2.47 Million	86.88%	1.65x	$13.81 Million
Novra Technologies Inc (NVI)	$1.52 Million	-24.69%	6.15x	$3.99 Million
Quarterhill Inc (QTRH)	$11.64 Million	-221.50%	1.20x	$150.15 Million
Telesat Corp (TSAT)	$1.13 Billion	1.17%	4.07x	$688.76 Million

About Lite Access Technologies Inc

V:LTE Canada Communication Equipment

Market Cap

$7.89 Million

CA$10.91 Million CAD

Market Cap Rank

#27586 Global

#1187 in Canada

Share Price

CA$0.13

Change (1 day)

+19.05%

52-Week Range

CA$0.10 - CA$0.14

All Time High

CA$3.72