Spectra Products Inc
Spectra Products Inc. operates as a bus and truck transportation safety equipment manufacturing and marketing company in Canada, the United States, and internationally. The company offers Brake Safe, a visual indicator of brake stroke system that permits vehicle drivers and maintenance to visually check the brake adjustment condition of a truck and trailer or bus equipped with an air brake system… Read more
Spectra Products Inc (SPKTF) - Total Assets
Latest total assets as of September 2025: $2.24 Million USD
Based on the latest financial reports, Spectra Products Inc (SPKTF) holds total assets worth $2.24 Million USD as of September 2025.
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.
Spectra Products Inc - Total Assets Trend (1997–2024)
This chart illustrates how Spectra Products Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spectra Products Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Spectra Products Inc's total assets of $2.24 Million consist of 90.6% current assets and 9.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 64.0% |
| Accounts Receivable | $294.89K | 13.6% |
| Inventory | $231.35K | 10.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how Spectra Products 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: Spectra Products Inc's current assets represent 90.6% of total assets in 2024, an increase from 50.0% in 1997.
- Cash Position: Cash and equivalents constituted 64.0% of total assets in 2024, up from 0.0% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 25.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 13.6% of total assets.
Spectra Products Inc Competitors by Total Assets
Key competitors of Spectra Products 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 |
Spectra Products 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 - Spectra Products Inc generates 0.76x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Spectra Products Inc generates $7.25 in net profit.
Spectra Products 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 | 8.67 | 9.69 | 13.20 |
| Quick Ratio | 7.57 | 8.32 | 11.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.84 Million | $ 1.76 Million | $ 1.31 Million |
Spectra Products Inc - Advanced Valuation Insights
This section examines the relationship between Spectra Products 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 | 1.43 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | $2.17 Million |
| Market Capitalization | $1.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spectra Products Inc's assets below their book value (0.54 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Spectra Products Inc's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Spectra Products Inc (1997–2024)
The table below shows the annual total assets of Spectra Products Inc from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.17 Million | -0.09% |
| 2023-12-31 | $2.17 Million | +23.68% |
| 2022-12-31 | $1.76 Million | +7.78% |
| 2021-12-31 | $1.63 Million | +6.68% |
| 2020-12-31 | $1.53 Million | +6.79% |
| 2019-12-31 | $1.43 Million | +161.80% |
| 2018-12-31 | $547.07K | +14.06% |
| 2017-12-31 | $479.63K | +54.10% |
| 2016-12-31 | $311.24K | -2.66% |
| 2015-12-31 | $319.75K | -6.69% |
| 2014-12-31 | $342.68K | +17.40% |
| 2013-12-31 | $291.90K | +6.81% |
| 2012-12-31 | $273.27K | -31.44% |
| 2011-12-31 | $398.59K | +2.93% |
| 2010-12-31 | $387.24K | +9.79% |
| 2009-12-31 | $352.69K | -40.52% |
| 2008-12-31 | $592.96K | -12.55% |
| 2007-12-31 | $678.04K | +46.31% |
| 2006-12-31 | $463.42K | -22.41% |
| 2005-12-31 | $597.24K | -8.99% |
| 2004-12-31 | $656.24K | +54.44% |
| 2003-12-31 | $424.92K | -22.42% |
| 2002-12-31 | $547.74K | -43.49% |
| 2001-12-31 | $969.23K | +47.04% |
| 2000-12-31 | $659.16K | -17.61% |
| 1999-12-31 | $800.00K | +14.29% |
| 1998-12-31 | $700.00K | -12.50% |
| 1997-12-31 | $800.00K | -- |