Ormet Corporation
Ormet Corporation engages in the production and sale of primary aluminum and related products in the United States. It offers aluminum/sows and alumina primarily to commodity traders. The company was founded in 1956 and is headquartered in Hannibal, Ohio.
Ormet Corporation (ORMTQ) - Total Assets
Latest total assets as of June 2012: $398.17 Million USD
Based on the latest financial reports, Ormet Corporation (ORMTQ) holds total assets worth $398.17 Million USD as of June 2012.
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.
Ormet Corporation - Total Assets Trend (2005–2011)
This chart illustrates how Ormet Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ormet Corporation - Asset Composition Analysis
Current Asset Composition (December 2011)
Ormet Corporation's total assets of $398.17 Million consist of 41.9% current assets and 58.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $43.62 Million | 10.0% |
| Inventory | $124.01 Million | 28.5% |
| Property, Plant & Equipment | $65.54 Million | 15.0% |
| Intangible Assets | $167.00K | 0.0% |
| Goodwill | $42.28 Million | 9.7% |
Asset Composition Trend (2005–2011)
This chart illustrates how Ormet 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: Ormet Corporation's current assets represent 41.9% of total assets in 2011, a decrease from 45.4% in 2005.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2011, down from 15.9% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 8.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 28.5% of total assets.
Ormet Corporation Competitors by Total Assets
Key competitors of Ormet Corporation 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 |
Ormet 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
Strong asset utilization - Ormet Corporation generates 1.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Ormet Corporation generates $ 27.66 in net profit.
Ormet 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 | 0.70 | 1.83 | 1.83 |
| Quick Ratio | 0.15 | 0.64 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-61.47 Million | $ 95.35 Million | $ 95.35 Million |
Ormet Corporation - Advanced Valuation Insights
This section examines the relationship between Ormet 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 57.1% |
| Total Assets | $435.93 Million |
| Market Capitalization | $0.98 USD |
Valuation Analysis
Below Book Valuation: The market values Ormet Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ormet Corporation's assets grew by 57.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ormet Corporation (2005–2011)
The table below shows the annual total assets of Ormet Corporation from 2005 to 2011.
| Year | Total Assets | Change |
|---|---|---|
| 2011-12-31 | $435.93 Million | +57.07% |
| 2010-12-31 | $277.54 Million | +39.57% |
| 2009-12-31 | $198.85 Million | -10.28% |
| 2008-12-31 | $221.63 Million | -13.73% |
| 2007-12-31 | $256.91 Million | -8.94% |
| 2006-12-31 | $282.13 Million | -11.98% |
| 2005-12-31 | $320.54 Million | -- |