Orbite Technologies Inc
Orbite Technologies Inc. operates as a clean technology based mineral-processing and resource development company in Canada. It produces high-purity alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, and rare earth and rare metal oxides from various feedstocks, including red mud, fly-ash, aluminous clays, mine tailings, bauxite, and kaolin clay, as well as serpenti… Read more
Orbite Technologies Inc (EORBF) - Total Assets
Latest total assets as of September 2017: $167.74 Million USD
Based on the latest financial reports, Orbite Technologies Inc (EORBF) holds total assets worth $167.74 Million USD as of September 2017.
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.
Orbite Technologies Inc - Total Assets Trend (2009–2016)
This chart illustrates how Orbite Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Orbite Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2016)
Orbite Technologies Inc's total assets of $167.74 Million consist of 12.0% current assets and 88.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $12.41 Million | 9.7% |
| Inventory | $245.33K | 0.2% |
| Property, Plant & Equipment | $140.24 Million | 109.9% |
| Intangible Assets | $1.91 Million | 1.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2016)
This chart illustrates how Orbite Technologies 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: Orbite Technologies Inc's current assets represent 12.0% of total assets in 2016, an increase from 0.0% in 2009.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2016, down from 7.9% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 109.9% of total assets.
Orbite Technologies Inc Competitors by Total Assets
Key competitors of Orbite Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiaozuo Wanfang Aluminum
SHE:000612
|
China | CN¥8.14 Billion |
|
Yunnan Aluminium Co Ltd
SHE:000807
|
China | CN¥47.75 Billion |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
|
China | CN¥57.74 Billion |
|
Aluko Co Ltd
KO:001780
|
Korea | ₩915.01 Billion |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
|
China | CN¥14.40 Billion |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
|
China | CN¥8.74 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
China | CN¥14.41 Billion |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333
|
China | CN¥3.19 Billion |
Orbite Technologies 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
Lower asset utilization - Orbite Technologies Inc 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 - Orbite Technologies Inc is currently not profitable relative to its asset base.
Orbite Technologies 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 | 0.54 | 0.82 | 0.00 |
| Quick Ratio | 0.53 | 0.81 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.60 Million | $ -2.98 Million | $ -33.78 Million |
Orbite Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Orbite Technologies 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 | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 24.1% |
| Total Assets | $127.61 Million |
| Market Capitalization | $135.68K USD |
Valuation Analysis
Below Book Valuation: The market values Orbite Technologies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Orbite Technologies Inc's assets grew by 24.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Orbite Technologies Inc (2009–2016)
The table below shows the annual total assets of Orbite Technologies Inc from 2009 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-12-31 | $127.61 Million | +24.07% |
| 2015-12-31 | $102.86 Million | -24.08% |
| 2014-12-31 | $135.47 Million | +9.48% |
| 2013-12-31 | $123.75 Million | -7.19% |
| 2012-12-31 | $133.34 Million | +56.14% |
| 2011-12-31 | $85.40 Million | +342.67% |
| 2010-12-31 | $19.29 Million | +685.41% |
| 2009-12-31 | $2.46 Million | -- |