Spectra Inc. (SSA) - Net Assets
Based on the latest financial reports, Spectra Inc. (SSA) has net assets worth CA$1.90 Million CAD (≈ $1.37 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$2.24 Million ≈ $1.62 Million USD) and total liabilities (CA$337.66K ≈ $244.26K 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 Spectra Inc. (SSA) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.90 Million |
| % of Total Assets | 84.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | 8.63% |
| 10-Year Change | N/A |
| Growth Volatility | 22.07 |
Spectra Inc. - Net Assets Trend (2013–2024)
This chart illustrates how Spectra Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Spectra Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Spectra Inc. (2013–2024)
The table below shows the annual net assets of Spectra Inc. from 2013 to 2024. For live valuation and market cap data, see Spectra Inc. (SSA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.81 Million ≈ $1.31 Million |
-1.09% |
| 2023-12-31 | CA$1.83 Million ≈ $1.32 Million |
+4.83% |
| 2022-12-31 | CA$1.74 Million ≈ $1.26 Million |
-1.06% |
| 2021-12-31 | CA$1.76 Million ≈ $1.28 Million |
+5.90% |
| 2020-12-31 | CA$1.67 Million ≈ $1.20 Million |
+56.85% |
| 2019-12-31 | CA$1.06 Million ≈ $767.90K |
+402.72% |
| 2018-12-31 | CA$-350.66K ≈ $-253.66K |
+58.55% |
| 2017-12-31 | CA$-846.03K ≈ $-612.01K |
+20.85% |
| 2016-12-31 | CA$-1.07 Million ≈ $-773.19K |
+23.24% |
| 2015-12-31 | CA$-1.39 Million ≈ $-1.01 Million |
+25.30% |
| 2014-12-31 | CA$-1.86 Million ≈ $-1.35 Million |
+6.08% |
| 2013-12-31 | CA$-1.98 Million ≈ $-1.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Spectra 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 297188700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$5.86 Million | 323.74% |
| Total Equity | CA$1.81 Million | 100.00% |
Spectra Inc. Competitors by Market Cap
The table below lists competitors of Spectra Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yangaroo Inc
V:YOO
|
$1.58 Million |
|
ARWAY CORP.
F:E65
|
$1.58 Million |
|
Alliance Mining Corp
V:ALM
|
$1.58 Million |
|
Strategic Minerals Plc
LSE:SML
|
$1.59 Million |
|
Duke Royalty Ltd
LSE:DUKE
|
$1.58 Million |
|
Clearmind Medicine Inc. Common Shares
NASDAQ:CMND
|
$1.58 Million |
|
Anatara Lifesciences Ltd
AU:ANR
|
$1.57 Million |
|
Lazydays Holdings Inc
NASDAQ:GORV
|
$1.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spectra 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 factors decreased equity by 48,371.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$157.53K | +8.71% |
| Share Repurchases | CA$129.17K | -7.14% |
| Other Changes | CA$-48.37K | -2.67% |
| Total Change | CA$- | -1.09% |
Book Value vs Market Value Analysis
This analysis compares Spectra Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.01 | CA$0.16 | x |
| 2018-12-31 | CA$0.00 | CA$0.16 | x |
| 2019-12-31 | CA$0.01 | CA$0.16 | x |
| 2020-12-31 | CA$0.02 | CA$0.16 | x |
| 2021-12-31 | CA$0.02 | CA$0.16 | x |
| 2022-12-31 | CA$0.12 | CA$0.16 | x |
| 2023-12-31 | CA$0.13 | CA$0.16 | x |
| 2024-12-31 | CA$0.13 | CA$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spectra 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 below the historical average (12.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -5.52% | 4.37x | 0.00x | CA$80.44K |
| 2014 | 0.00% | 1.36% | 4.18x | 0.00x | CA$155.43K |
| 2015 | 0.00% | 6.63% | 4.09x | 0.00x | CA$217.75K |
| 2016 | 0.00% | 5.44% | 3.71x | 0.00x | CA$153.25K |
| 2017 | 0.00% | 7.12% | 3.71x | 0.00x | CA$183.08K |
| 2018 | 0.00% | 14.81% | 2.74x | 0.00x | CA$325.24K |
| 2019 | 71.42% | 37.24% | 1.42x | 1.35x | CA$652.02K |
| 2020 | 36.24% | 37.86% | 0.82x | 1.17x | CA$436.96K |
| 2021 | 14.89% | 15.51% | 0.82x | 1.17x | CA$86.18K |
| 2022 | 5.17% | 5.45% | 0.69x | 1.37x | CA$-84.31K |
| 2023 | 15.56% | 13.71% | 0.95x | 1.19x | CA$101.77K |
| 2024 | 8.71% | 9.51% | 0.76x | 1.20x | CA$-23.34K |
Industry Comparison
This section compares Spectra Inc.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,026,368,600
- Average return on equity (ROE) among peers: -18.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spectra Inc. (SSA) | CA$1.90 Million | 0.00% | 0.18x | $1.58 Million |
| Linamar Corporation (LNR) | $120.50 Million | 8.71% | 0.74x | $3.85 Billion |
| Magna International Inc (MG) | $8.67 Billion | 21.70% | 1.09x | $16.86 Billion |
| Martinrea International Inc. (MRE) | $1.15 Billion | 16.14% | 1.53x | $528.12 Million |
| Westport Fuel Systems Inc (WPRT) | $67.60 Million | -145.55% | 2.10x | $34.79 Million |
| Exco Technologies Limited (XTC) | $119.20 Million | 8.45% | 0.25x | $214.48 Million |
About Spectra 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