Ocumetics Technology Corp
Ocumetics Technology Corp. engages in research, development, production, and sale of vision enhancement products in Canada. The company develops expandable intraocular lenses to eliminate the need for corrective lenses primarily for people over 45 years of age. The company was formerly known as Quantum Blockchain Technologies Ltd. and changed changed its name to Ocumetics Technology Corp. in Augu… Read more
Ocumetics Technology Corp (OTCFF) - Total Assets
Latest total assets as of September 2025: $1.63 Million USD
Based on the latest financial reports, Ocumetics Technology Corp (OTCFF) holds total assets worth $1.63 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.
Ocumetics Technology Corp - Total Assets Trend (2021–2024)
This chart illustrates how Ocumetics Technology Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ocumetics Technology Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Ocumetics Technology Corp's total assets of $1.63 Million consist of 70.9% current assets and 29.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $621.68K | 26.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Ocumetics Technology Corp'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: Ocumetics Technology Corp's current assets represent 70.9% of total assets in 2024, an increase from 13.7% in 2021.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2024, down from 10.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, a decrease from 75.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 26.8% of total assets.
Ocumetics Technology Corp Competitors by Total Assets
Key competitors of Ocumetics Technology Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
OJsys Inc
PINK:OJSY
|
USA | $8.03 Million |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
China | CN¥3.82 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
China | CN¥16.46 Billion |
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥28.98 Billion |
|
Allmed Medical Products Co Ltd Class A
SHE:002950
|
China | CN¥5.35 Billion |
|
Inix Technologies Holdings Bhd
KLSE:0094
|
Malaysia | RM72.53 Million |
|
Focus Point Holdings Bhd
KLSE:0157
|
Malaysia | RM328.19 Million |
|
Careplus Group Bhd
KLSE:0163
|
Malaysia | RM286.61 Million |
Ocumetics Technology Corp - 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 - Ocumetics Technology Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ocumetics Technology Corp is currently not profitable relative to its asset base.
Ocumetics Technology Corp - 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 | 0.19 | 11.37 | 0.49 |
| Quick Ratio | 0.19 | 11.37 | 0.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.17 Million | $ 1.90 Million | $ -195.43K |
Ocumetics Technology Corp - Advanced Valuation Insights
This section examines the relationship between Ocumetics Technology Corp'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 | 414.80 |
| Latest Market Cap to Assets Ratio | 7.95 |
| Asset Growth Rate (YoY) | 124.2% |
| Total Assets | $2.32 Million |
| Market Capitalization | $18.47 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Ocumetics Technology Corp's assets at a significant premium ( 7.95x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Ocumetics Technology Corp's assets grew by 124.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ocumetics Technology Corp (2021–2024)
The table below shows the annual total assets of Ocumetics Technology Corp from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.32 Million | +124.15% |
| 2023-12-31 | $1.04 Million | -24.56% |
| 2022-12-31 | $1.37 Million | +66.48% |
| 2021-12-31 | $825.25K | -- |