Optec International Inc
Optec International, Inc. engages in selling and marketing optimized fuel maximizer units in North America and internationally. It markets optimized fuel maximizer for passenger vehicles, intermediate/medium duty trucks, off-road equipment, generator systems, heavy duty diesel on-road vehicles, and transportation refrigeration units. The company was formerly known as Green Meadow Products, Inc. a… Read more
Optec International Inc (OPTI) - Total Assets
Latest total assets as of December 2022: $17.32 Million USD
Based on the latest financial reports, Optec International Inc (OPTI) holds total assets worth $17.32 Million USD as of December 2022.
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.
Optec International Inc - Total Assets Trend (2013–2023)
This chart illustrates how Optec International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Optec International Inc - Asset Composition Analysis
Current Asset Composition (June 2023)
Optec International Inc's total assets of $17.32 Million consist of 37.9% current assets and 62.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $1.54 Million | 8.9% |
| Inventory | $4.96 Million | 28.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.29 Million | 30.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2023)
This chart illustrates how Optec International 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: Optec International Inc's current assets represent 37.9% of total assets in 2023, a decrease from 71.6% in 2013.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 71.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 28.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 30.6% of total assets.
Optec International Inc Competitors by Total Assets
Key competitors of Optec International Inc 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 |
Optec International 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 - Optec International Inc generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Optec International Inc is currently not profitable relative to its asset base.
Optec International 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 | 0.41 | 0.02 | 0.40 |
| Quick Ratio | 0.10 | 0.00 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.46 Million | $ -5.44 Million | $ -346.68K |
Optec International Inc - Advanced Valuation Insights
This section examines the relationship between Optec International 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $17.32 Million |
| Market Capitalization | $20.14K USD |
Valuation Analysis
Below Book Valuation: The market values Optec International Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Optec International Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Optec International Inc (2013–2023)
The table below shows the annual total assets of Optec International Inc from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $17.32 Million | 0.00% |
| 2022-12-31 | $17.32 Million | +0.07% |
| 2022-06-30 | $17.30 Million | 0.00% |
| 2021-12-31 | $17.30 Million | +1677.40% |
| 2020-06-30 | $973.60K | 0.00% |
| 2019-12-31 | $973.60K | +55.44% |
| 2018-06-30 | $626.37K | 0.00% |
| 2017-12-31 | $626.37K | +3441.21% |
| 2016-12-31 | $17.69K | -31.17% |
| 2015-12-31 | $25.70K | -52.37% |
| 2014-12-31 | $53.96K | -19.07% |
| 2013-12-31 | $66.67K | -- |