Lancer Orthodontics Inc
Lancer Orthodontics, Inc. designs, manufactures, and markets orthodontic products for orthodontists and dentists worldwide. It offers aesthetic brackets, brackets and buccal tubes, bands, adhesives, wires, elastomerics, intraoral and extraoral appliances, instruments, and miscellaneous products. The company was founded in 1967 and is based in Vista, California.
Lancer Orthodontics Inc (LANZ) - Total Assets
Latest total assets as of August 2004: $4.18 Million USD
Based on the latest financial reports, Lancer Orthodontics Inc (LANZ) holds total assets worth $4.18 Million USD as of August 2004.
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.
Lancer Orthodontics Inc - Total Assets Trend (1992–2004)
This chart illustrates how Lancer Orthodontics Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lancer Orthodontics Inc - Asset Composition Analysis
Current Asset Composition (May 2004)
Lancer Orthodontics Inc's total assets of $4.18 Million consist of 84.7% current assets and 15.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.4% |
| Accounts Receivable | $1.19 Million | 29.1% |
| Inventory | $1.85 Million | 45.2% |
| Property, Plant & Equipment | $566.37K | 13.9% |
| Intangible Assets | $10.38K | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1992–2004)
This chart illustrates how Lancer Orthodontics 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: Lancer Orthodontics Inc's current assets represent 84.7% of total assets in 2004, an increase from 64.0% in 1992.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2004, up from 2.0% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 18.0% in 1992.
- Asset Diversification: The largest asset category is inventory at 45.2% of total assets.
Lancer Orthodontics Inc Competitors by Total Assets
Key competitors of Lancer Orthodontics Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
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 |
|
LKL International Bhd
KLSE:0182
|
Malaysia | RM173.46 Million |
Lancer Orthodontics 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
Strong asset utilization - Lancer Orthodontics Inc generates 1.47x 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, Lancer Orthodontics Inc generates $ 0.71 in net profit.
Lancer Orthodontics 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 | 4.53 | 5.85 | 4.50 |
| Quick Ratio | 1.95 | 2.46 | 1.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.75 Million | $ 2.54 Million | $ 2.80 Million |
Lancer Orthodontics Inc - Advanced Valuation Insights
This section examines the relationship between Lancer Orthodontics 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 | 0.50 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.0% |
| Total Assets | $4.09 Million |
| Market Capitalization | $94.09 USD |
Valuation Analysis
Below Book Valuation: The market values Lancer Orthodontics Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Lancer Orthodontics Inc's assets grew by 9.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Lancer Orthodontics Inc (1992–2004)
The table below shows the annual total assets of Lancer Orthodontics Inc from 1992 to 2004.
| Year | Total Assets | Change |
|---|---|---|
| 2004-05-31 | $4.09 Million | +9.02% |
| 2003-05-31 | $3.75 Million | +2.87% |
| 2002-05-31 | $3.65 Million | -2.43% |
| 2001-05-31 | $3.74 Million | -0.50% |
| 2000-05-31 | $3.76 Million | -12.67% |
| 1999-05-31 | $4.30 Million | +4.88% |
| 1998-05-31 | $4.10 Million | +2.50% |
| 1997-05-31 | $4.00 Million | 0.00% |
| 1996-05-31 | $4.00 Million | -9.09% |
| 1995-05-31 | $4.40 Million | -4.35% |
| 1994-05-31 | $4.60 Million | -6.12% |
| 1993-05-31 | $4.90 Million | -2.00% |
| 1992-05-31 | $5.00 Million | -- |