Odyne Corporation
Odyne Corporation does not have significant operations. Prior to January 20, 2009, it engaged in the design, development, manufacture, and installation of plug-in hybrid electric vehicle propulsion systems for medium and heavy duty trucks and buses in the United States. The company was founded in 2001 and is headquartered in Hauppauge, New York.
Odyne Corporation (ODYC) - Total Assets
Latest total assets as of September 2008: $5.65 Million USD
Based on the latest financial reports, Odyne Corporation (ODYC) holds total assets worth $5.65 Million USD as of September 2008.
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.
Odyne Corporation - Total Assets Trend (2004–2007)
This chart illustrates how Odyne Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Odyne Corporation - Asset Composition Analysis
Current Asset Composition (December 2007)
Odyne Corporation's total assets of $5.65 Million consist of 83.0% current assets and 17.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 67.0% |
| Accounts Receivable | $158.33K | 5.1% |
| Inventory | $237.42K | 7.6% |
| Property, Plant & Equipment | $120.02K | 3.9% |
| Intangible Assets | $14.00K | 0.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2007)
This chart illustrates how Odyne Corporation'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: Odyne Corporation's current assets represent 83.0% of total assets in 2007, an increase from 5.4% in 2004.
- Cash Position: Cash and equivalents constituted 67.0% of total assets in 2007, up from 2.9% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 7.6% of total assets.
Odyne Corporation Competitors by Total Assets
Key competitors of Odyne Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Odyne Corporation - 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 - Odyne Corporation generates 0.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Odyne Corporation is currently not profitable relative to its asset base.
Odyne Corporation - 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 | 1.28 | 1.09 | 0.14 |
| Quick Ratio | 1.15 | 0.66 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.15 Million | $ 60.41K | $ -12.04K |
Odyne Corporation - Advanced Valuation Insights
This section examines the relationship between Odyne Corporation'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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -15.8% |
| Total Assets | $3.12 Million |
| Market Capitalization | $0.99 USD |
Valuation Analysis
Below Book Valuation: The market values Odyne Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Odyne Corporation's assets decreased by 15.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Odyne Corporation (2004–2007)
The table below shows the annual total assets of Odyne Corporation from 2004 to 2007.
| Year | Total Assets | Change |
|---|---|---|
| 2007-12-31 | $3.12 Million | -15.83% |
| 2006-12-31 | $3.70 Million | +7527.81% |
| 2006-06-30 | $48.54K | 0.00% |
| 2005-12-31 | $48.54K | -38.27% |
| 2004-12-31 | $78.63K | -- |