Ultralife Corporation
Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeabl… Read more
Ultralife Corporation (ULBI) - Total Assets
Latest total assets as of September 2025: $222.25 Million USD
Based on the latest financial reports, Ultralife Corporation (ULBI) holds total assets worth $222.25 Million USD as of September 2025.
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.
Ultralife Corporation - Total Assets Trend (1991–2024)
This chart illustrates how Ultralife Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ultralife Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Ultralife Corporation's total assets of $222.25 Million consist of 44.1% current assets and 55.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.1% |
| Accounts Receivable | $29.37 Million | 13.3% |
| Inventory | $51.36 Million | 23.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $24.56 Million | 11.1% |
| Goodwill | $45.01 Million | 20.4% |
Asset Composition Trend (1991–2024)
This chart illustrates how Ultralife Corporation'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: Ultralife Corporation's current assets represent 44.1% of total assets in 2024, a decrease from 93.3% in 1991.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 86.0% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 0.0% in 1991.
- Asset Diversification: The largest asset category is inventory at 23.3% of total assets.
Ultralife Corporation Competitors by Total Assets
Key competitors of Ultralife Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Ultralife Corporation - 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 - Ultralife Corporation generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Ultralife Corporation generates $ 2.86 in net profit.
Ultralife Corporation - 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 | 2.99 | 3.30 | 3.45 |
| Quick Ratio | 1.42 | 1.62 | 1.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $66.92 Million | $ 60.23 Million | $ 45.79 Million |
Ultralife Corporation - Advanced Valuation Insights
This section examines the relationship between Ultralife Corporation'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 | 0.76 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 23.7% |
| Total Assets | $220.45 Million |
| Market Capitalization | $68.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ultralife Corporation's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ultralife Corporation's assets grew by 23.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ultralife Corporation (1991–2024)
The table below shows the annual total assets of Ultralife Corporation from 1991 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $220.45 Million | +23.66% |
| 2023-12-31 | $178.28 Million | +5.85% |
| 2022-12-31 | $168.43 Million | +5.57% |
| 2021-12-31 | $159.54 Million | +15.86% |
| 2020-12-31 | $137.70 Million | -4.74% |
| 2019-12-31 | $144.56 Million | +20.36% |
| 2018-12-31 | $120.10 Million | +23.58% |
| 2017-12-31 | $97.19 Million | +14.68% |
| 2016-12-31 | $84.74 Million | +3.89% |
| 2015-12-31 | $81.57 Million | -6.91% |
| 2014-12-31 | $87.62 Million | -2.88% |
| 2013-12-31 | $90.22 Million | -7.68% |
| 2012-12-31 | $97.72 Million | -3.07% |
| 2011-12-31 | $100.81 Million | -12.21% |
| 2010-12-31 | $114.83 Million | -12.45% |
| 2009-12-31 | $131.17 Million | +1.22% |
| 2008-12-31 | $129.59 Million | +6.18% |
| 2007-12-31 | $122.05 Million | +24.85% |
| 2006-12-31 | $97.76 Million | +21.05% |
| 2005-12-31 | $80.76 Million | -0.46% |
| 2004-12-31 | $81.13 Million | +54.98% |
| 2003-12-31 | $52.35 Million | +74.14% |
| 2002-12-31 | $30.06 Million | -34.99% |
| 2001-12-31 | $46.24 Million | -17.76% |
| 2000-12-31 | $56.23 Million | -13.89% |
| 1999-12-31 | $65.30 Million | -7.51% |
| 1998-12-31 | $70.60 Million | +41.48% |
| 1997-12-31 | $49.90 Million | -17.66% |
| 1996-12-31 | $60.60 Million | 0.00% |
| 1995-12-31 | $60.60 Million | -3.19% |
| 1994-12-31 | $62.60 Million | +107.97% |
| 1993-12-31 | $30.10 Million | -0.33% |
| 1992-12-31 | $30.20 Million | +5.96% |
| 1991-12-31 | $28.50 Million | -- |