Spectra Systems Corporation
Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally. It operates through four segments: Authentication Systems, Secure Transactions, Security Printing, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor equipment to authenticate banknotes and security documents;… Read more
Spectra Systems Corporation (SCTQ) - Total Assets
Latest total assets as of December 2023: $60.10 Million USD
Based on the latest financial reports, Spectra Systems Corporation (SCTQ) holds total assets worth $60.10 Million USD as of December 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.
Spectra Systems Corporation - Total Assets Trend (2015–2023)
This chart illustrates how Spectra Systems Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spectra Systems Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
Spectra Systems Corporation's total assets of $60.10 Million consist of 43.5% current assets and 56.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 22.1% |
| Accounts Receivable | $3.78 Million | 6.3% |
| Inventory | $6.51 Million | 10.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.98 Million | 11.6% |
| Goodwill | $6.60 Million | 11.0% |
Asset Composition Trend (2015–2023)
This chart illustrates how Spectra Systems 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: Spectra Systems Corporation's current assets represent 43.5% of total assets in 2023, a decrease from 64.6% in 2015.
- Cash Position: Cash and equivalents constituted 22.1% of total assets in 2023, down from 36.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 17.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 11.6% of total assets.
Spectra Systems Corporation Competitors by Total Assets
Key competitors of Spectra Systems Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Spectra Systems 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
Lower asset utilization - Spectra Systems Corporation generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Spectra Systems Corporation generates $ 10.06 in net profit.
Spectra Systems 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 | 1.97 | 3.50 | 9.59 |
| Quick Ratio | 1.48 | 3.28 | 7.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $12.88 Million | $ 17.62 Million | $ 15.48 Million |
Spectra Systems Corporation - Advanced Valuation Insights
This section examines the relationship between Spectra Systems 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 | 3.30 |
| Latest Market Cap to Assets Ratio | 1.41 |
| Asset Growth Rate (YoY) | 58.1% |
| Total Assets | $60.10 Million |
| Market Capitalization | $84.44 Million USD |
Valuation Analysis
Above Book Valuation: The market values Spectra Systems Corporation's assets above their book value (1.41 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Spectra Systems Corporation's assets grew by 58.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Spectra Systems Corporation (2015–2023)
The table below shows the annual total assets of Spectra Systems Corporation from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $60.10 Million | +58.08% |
| 2022-12-31 | $38.02 Million | +14.67% |
| 2021-12-31 | $33.15 Million | +0.77% |
| 2020-12-31 | $32.90 Million | +16.59% |
| 2018-12-31 | $28.22 Million | +1.83% |
| 2017-12-31 | $27.71 Million | +4.09% |
| 2016-12-31 | $26.62 Million | +0.15% |
| 2015-12-31 | $26.59 Million | -- |