Omnitek Engineering
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. The company offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as hydrogen and liquid petroleum gas; n… Read more
Omnitek Engineering (OMTK) - Total Assets
Latest total assets as of September 2025: $846.75K USD
Based on the latest financial reports, Omnitek Engineering (OMTK) holds total assets worth $846.75K 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.
Omnitek Engineering - Total Assets Trend (2009–2024)
This chart illustrates how Omnitek Engineering’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Omnitek Engineering - Asset Composition Analysis
Current Asset Composition (December 2024)
Omnitek Engineering's total assets of $846.75K consist of 79.0% current assets and 21.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.4% |
| Accounts Receivable | $14.16K | 1.3% |
| Inventory | $267.62K | 24.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Omnitek Engineering'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: Omnitek Engineering's current assets represent 79.0% of total assets in 2024, an increase from 0.0% in 2009.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2024, up from 5.1% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 10.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 24.0% of total assets.
Omnitek Engineering Competitors by Total Assets
Key competitors of Omnitek Engineering based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Kuntai New Material Technology Co. Ltd. A
SHE:001260
|
China | CN¥1.07 Billion |
|
Higen RNM
KQ:160190
|
Korea | ₩115.86 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
China | CN¥6.36 Billion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
Omnitek Engineering - 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 - Omnitek Engineering generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Omnitek Engineering is currently not profitable relative to its asset base.
Omnitek Engineering - 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 | 0.41 | 0.36 | 0.59 |
| Quick Ratio | 0.23 | 0.22 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.03 Million | $ -1.33 Million | $ -660.23K |
Omnitek Engineering - Advanced Valuation Insights
This section examines the relationship between Omnitek Engineering'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 | - |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 31.8% |
| Total Assets | $1.12 Million |
| Market Capitalization | $219.48K USD |
Valuation Analysis
Below Book Valuation: The market values Omnitek Engineering's assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Omnitek Engineering's assets grew by 31.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Omnitek Engineering (2009–2024)
The table below shows the annual total assets of Omnitek Engineering from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.12 Million | +31.79% |
| 2023-12-31 | $847.16K | -23.89% |
| 2022-12-31 | $1.11 Million | -21.91% |
| 2021-12-31 | $1.43 Million | +45.92% |
| 2020-12-31 | $976.77K | -12.38% |
| 2019-12-31 | $1.11 Million | -23.03% |
| 2018-12-31 | $1.45 Million | -11.06% |
| 2017-12-31 | $1.63 Million | -19.67% |
| 2016-12-31 | $2.03 Million | -14.14% |
| 2015-12-31 | $2.36 Million | -23.97% |
| 2014-12-31 | $3.11 Million | -30.67% |
| 2013-12-31 | $4.48 Million | -25.78% |
| 2012-12-31 | $6.03 Million | +426.07% |
| 2011-12-31 | $1.15 Million | -9.54% |
| 2010-12-31 | $1.27 Million | -18.09% |
| 2009-12-31 | $1.55 Million | -- |