Luna Innovations Incorporated
Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency… Read more
Luna Innovations Incorporated (LUNA) - Total Assets
Latest total assets as of September 2023: $165.09 Million USD
Based on the latest financial reports, Luna Innovations Incorporated (LUNA) holds total assets worth $165.09 Million USD as of September 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Luna Innovations Incorporated - Total Assets Trend (2001–2022)
This chart illustrates how Luna Innovations Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Luna Innovations Incorporated - Asset Composition Analysis
Current Asset Composition (December 2022)
Luna Innovations Incorporated's total assets of $165.09 Million consist of 58.2% current assets and 41.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $40.94 Million | 27.1% |
| Inventory | $36.58 Million | 24.2% |
| Property, Plant & Equipment | $4.89 Million | 3.2% |
| Intangible Assets | $18.75 Million | 12.4% |
| Goodwill | $26.93 Million | 17.8% |
Asset Composition Trend (2001–2022)
This chart illustrates how Luna Innovations Incorporated's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Luna Innovations Incorporated's current assets represent 58.2% of total assets in 2022, an increase from 6.2% in 2001.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2022, down from 6.2% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 29.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 27.1% of total assets.
Luna Innovations Incorporated Competitors by Total Assets
Key competitors of Luna Innovations Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Luna Innovations Incorporated - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Luna Innovations Incorporated generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Luna Innovations Incorporated generates $6.14 in net profit.
Luna Innovations Incorporated - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.86 | 2.38 | 5.62 |
| Quick Ratio | 1.62 | 1.42 | 5.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $65.17 Million | $ 46.70 Million | $ 56.09 Million |
Luna Innovations Incorporated - Advanced Valuation Insights
This section examines the relationship between Luna Innovations Incorporated's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.62 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 15.9% |
| Total Assets | $151.01 Million |
| Market Capitalization | $11.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Luna Innovations Incorporated's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Luna Innovations Incorporated's assets grew by 15.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Luna Innovations Incorporated (2001–2022)
The table below shows the annual total assets of Luna Innovations Incorporated from 2001 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $151.01 Million | +15.95% |
| 2021-12-31 | $130.24 Million | -0.58% |
| 2020-12-31 | $131.00 Million | +51.41% |
| 2019-12-31 | $86.52 Million | +14.45% |
| 2018-12-31 | $75.60 Million | +14.16% |
| 2017-12-31 | $66.22 Million | +20.41% |
| 2016-12-31 | $55.00 Million | -5.39% |
| 2015-12-31 | $58.13 Million | +110.74% |
| 2014-12-31 | $27.58 Million | +39.99% |
| 2013-12-31 | $19.70 Million | -3.68% |
| 2012-12-31 | $20.46 Million | -10.74% |
| 2011-12-31 | $22.92 Million | +0.19% |
| 2010-12-31 | $22.88 Million | +5.14% |
| 2009-12-31 | $21.76 Million | -36.04% |
| 2008-12-31 | $34.02 Million | +4.51% |
| 2007-12-31 | $32.55 Million | -7.58% |
| 2006-12-31 | $35.22 Million | +45.92% |
| 2005-12-31 | $24.13 Million | +211.51% |
| 2004-12-31 | $7.75 Million | +13.82% |
| 2002-12-31 | $6.81 Million | +246.06% |
| 2001-12-31 | $1.97 Million | -- |