Omni-Lite Industries Canada Inc
Omni-Lite Industries Canada Inc. manufactures and sells metal alloys, composite components, and fastener systems in the United States and Canada. The company offers components for aerospace, military, specialty automotive, sports, and recreational industries. It also provides track spikes used in track shoes. The company was incorporated in 1992 and is based in Cerritos, California.
Omni-Lite Industries Canada Inc (OLNCF) - Total Assets
Latest total assets as of September 2025: $21.44 Million USD
Based on the latest financial reports, Omni-Lite Industries Canada Inc (OLNCF) holds total assets worth $21.44 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.
Omni-Lite Industries Canada Inc - Total Assets Trend (2010–2024)
This chart illustrates how Omni-Lite Industries Canada Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Omni-Lite Industries Canada Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Omni-Lite Industries Canada Inc's total assets of $21.44 Million consist of 42.6% current assets and 57.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.8% |
| Accounts Receivable | $2.47 Million | 10.6% |
| Inventory | $4.28 Million | 18.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $96.01K | 0.4% |
| Goodwill | $407.17K | 1.7% |
Asset Composition Trend (2010–2024)
This chart illustrates how Omni-Lite Industries Canada Inc'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: Omni-Lite Industries Canada Inc's current assets represent 42.6% of total assets in 2024, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 12.8% of total assets in 2024, up from 0.2% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is inventory at 18.3% of total assets.
Omni-Lite Industries Canada Inc Competitors by Total Assets
Key competitors of Omni-Lite Industries Canada Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Omni-Lite Industries Canada Inc - 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
Moderate asset utilization - Omni-Lite Industries Canada Inc generates 0.68x 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, Omni-Lite Industries Canada Inc generates $ 2.63 in net profit.
Omni-Lite Industries Canada Inc - 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 | 5.29 | 5.23 | 2.72 |
| Quick Ratio | 3.00 | 2.82 | 1.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $8.59 Million | $ 7.90 Million | $ 3.77 Million |
Omni-Lite Industries Canada Inc - Advanced Valuation Insights
This section examines the relationship between Omni-Lite Industries Canada Inc'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 | 1.28 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | 10.3% |
| Total Assets | $23.40 Million |
| Market Capitalization | $10.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Omni-Lite Industries Canada Inc's assets below their book value (0.45 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Omni-Lite Industries Canada Inc's assets grew by 10.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Omni-Lite Industries Canada Inc (2010–2024)
The table below shows the annual total assets of Omni-Lite Industries Canada Inc from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $23.40 Million | +10.34% |
| 2023-12-31 | $21.21 Million | +5.72% |
| 2022-12-31 | $20.06 Million | -13.37% |
| 2021-12-31 | $23.16 Million | +55.95% |
| 2020-12-31 | $14.85 Million | -12.94% |
| 2019-12-31 | $17.06 Million | -1.01% |
| 2018-12-31 | $17.23 Million | -19.42% |
| 2017-12-31 | $21.38 Million | -1.31% |
| 2016-12-31 | $21.67 Million | -1.44% |
| 2015-12-31 | $21.98 Million | +0.80% |
| 2014-12-31 | $21.81 Million | -2.49% |
| 2013-12-31 | $22.37 Million | -0.99% |
| 2012-12-31 | $22.59 Million | -7.09% |
| 2011-12-31 | $24.31 Million | +25.86% |
| 2010-12-31 | $19.32 Million | -- |