Micropac Industries Inc
Micropac Industries, Inc. designs, manufactures, and distributes various types of microelectronic circuits. The company's products and technologies include custom design hybrid microelectronic circuits; solid state relays and power controllers; custom optoelectronic assemblies and components; optocouplers; light-emitting diodes; hall effect sensors; displays; power operational amplifiers; fiber o… Read more
Micropac Industries Inc (MPAD) - Total Assets
Latest total assets as of August 2024: $58.32 Million USD
Based on the latest financial reports, Micropac Industries Inc (MPAD) holds total assets worth $58.32 Million USD as of August 2024.
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.
Micropac Industries Inc - Total Assets Trend (1995–2023)
This chart illustrates how Micropac Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Micropac Industries Inc - Asset Composition Analysis
Current Asset Composition (November 2023)
Micropac Industries Inc's total assets of $58.32 Million consist of 55.6% current assets and 44.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.6% |
| Accounts Receivable | $8.47 Million | 15.3% |
| Inventory | $11.48 Million | 20.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1995–2023)
This chart illustrates how Micropac Industries 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: Micropac Industries Inc's current assets represent 55.6% of total assets in 2023, a decrease from 82.9% in 1995.
- Cash Position: Cash and equivalents constituted 18.6% of total assets in 2023, up from 3.1% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1995.
- Asset Diversification: The largest asset category is inventory at 20.8% of total assets.
Micropac Industries Inc Competitors by Total Assets
Key competitors of Micropac Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Micropac Industries 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 - Micropac Industries 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 - Micropac Industries Inc is currently not profitable relative to its asset base.
Micropac Industries 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 | 8.37 | 7.82 | 9.58 |
| Quick Ratio | 5.38 | 4.54 | 7.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $30.09 Million | $ 25.20 Million | $ 24.62 Million |
Micropac Industries Inc - Advanced Valuation Insights
This section examines the relationship between Micropac Industries 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 | 1.31 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 2.9% |
| Total Assets | $55.31 Million |
| Market Capitalization | $12.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Micropac Industries Inc's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Micropac Industries Inc's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Micropac Industries Inc (1995–2023)
The table below shows the annual total assets of Micropac Industries Inc from 1995 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-11-30 | $55.31 Million | +2.87% |
| 2022-11-30 | $53.76 Million | +31.91% |
| 2021-11-30 | $40.76 Million | +28.57% |
| 2020-11-30 | $31.70 Million | +1.79% |
| 2019-11-30 | $31.14 Million | +12.65% |
| 2018-11-30 | $27.65 Million | +9.47% |
| 2017-11-30 | $25.25 Million | -0.45% |
| 2016-11-30 | $25.37 Million | -6.02% |
| 2015-11-30 | $26.99 Million | +17.35% |
| 2014-11-30 | $23.00 Million | +0.19% |
| 2013-11-30 | $22.96 Million | +9.04% |
| 2012-11-30 | $21.05 Million | +0.50% |
| 2011-11-30 | $20.95 Million | +1.22% |
| 2010-11-30 | $20.70 Million | +13.67% |
| 2009-11-30 | $18.21 Million | +7.23% |
| 2008-11-30 | $16.98 Million | +14.46% |
| 2007-11-30 | $14.84 Million | +13.52% |
| 2006-11-30 | $13.07 Million | +2.49% |
| 2005-11-30 | $12.75 Million | +23.17% |
| 2004-11-30 | $10.35 Million | +25.11% |
| 2003-11-30 | $8.27 Million | -14.47% |
| 2002-11-30 | $9.67 Million | +9.00% |
| 2001-11-30 | $8.88 Million | -12.83% |
| 2000-11-30 | $10.18 Million | +14.56% |
| 1999-11-30 | $8.89 Million | +6.10% |
| 1998-11-30 | $8.38 Million | -0.97% |
| 1997-11-30 | $8.46 Million | +4.87% |
| 1996-11-30 | $8.06 Million | +16.83% |
| 1995-11-30 | $6.90 Million | -- |