Vita Coco Company Inc
The Vita Coco Company, Inc. develops, markets, and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, Africa, and the Asia Pacific. It offers coconut oil, coconut juice, and coconut milk; packaged water under the Ever & Ever brand name; and PWR LIFT, a protein-infused fitness drink. The company also supplies private label produ… Read more
Vita Coco Company Inc (COCO) - Net Assets
Latest net assets as of September 2025: $323.73 Million USD
Based on the latest financial reports, Vita Coco Company Inc (COCO) has net assets worth $323.73 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($461.29 Million) and total liabilities ($137.56 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $323.73 Million |
| % of Total Assets | 70.18% |
| Annual Growth Rate | 28.51% |
| 5-Year Change | 153.0% |
| 10-Year Change | N/A |
| Growth Volatility | 10.83 |
Vita Coco Company Inc - Net Assets Trend (2019–2024)
This chart illustrates how Vita Coco Company Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vita Coco Company Inc (2019–2024)
The table below shows the annual net assets of Vita Coco Company Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $258.82 Million | +27.85% |
| 2023-12-31 | $202.44 Million | +43.48% |
| 2022-12-31 | $141.09 Million | +14.55% |
| 2021-12-31 | $123.17 Million | +20.40% |
| 2020-12-31 | $102.30 Million | +38.62% |
| 2019-12-31 | $73.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vita Coco Company Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 16100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $156.69 Million | 60.54% |
| Common Stock | $637.00K | 0.25% |
| Other Comprehensive Income | $-860.00K | -0.33% |
| Other Components | $102.35 Million | 39.54% |
| Total Equity | $258.82 Million | 100.00% |
Vita Coco Company Inc Competitors by Market Cap
The table below lists competitors of Vita Coco Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yangzhou Yangjie Electronic Technology Co Ltd
SHE:300373
|
$2.90 Billion |
|
Merchant Express Class A
SHE:001965
|
$2.91 Billion |
|
Catcher Technology Co Ltd
TW:2474
|
$2.91 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
$2.91 Billion |
|
Vodafone Idea Limited
NSE:IDEA
|
$2.90 Billion |
|
Beijing Sifang Automation Co Ltd
SHG:601126
|
$2.90 Billion |
|
First Hawaiian Inc
NASDAQ:FHB
|
$2.90 Billion |
|
Hellenic Telecommunications Organization S.A
PINK:HLTOF
|
$2.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vita Coco Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 202,437,000 to 258,817,000, a change of 56,380,000 (27.9%).
- Net income of 55,952,000 contributed positively to equity growth.
- Share repurchases of 12,030,000 reduced equity.
- Other comprehensive income decreased equity by 211,000.
- Other factors increased equity by 12,669,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $55.95 Million | +21.62% |
| Share Repurchases | $12.03 Million | -4.65% |
| Other Comprehensive Income | $-211.00K | -0.08% |
| Other Changes | $12.67 Million | +4.89% |
| Total Change | $- | 27.85% |
Book Value vs Market Value Analysis
This analysis compares Vita Coco Company Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 13.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 45.60x to 13.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.33 | $60.60 | x |
| 2020-12-31 | $1.84 | $60.60 | x |
| 2021-12-31 | $2.22 | $60.60 | x |
| 2022-12-31 | $2.51 | $60.60 | x |
| 2023-12-31 | $3.45 | $60.60 | x |
| 2024-12-31 | $4.37 | $60.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vita Coco Company Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.84%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 1.40x
- Recent ROE (21.62%) is above the historical average (18.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 12.77% | 3.32% | 1.94x | 1.98x | $2.04 Million |
| 2020 | 31.95% | 10.51% | 1.69x | 1.80x | $22.44 Million |
| 2021 | 15.44% | 5.01% | 1.92x | 1.60x | $6.70 Million |
| 2022 | 5.54% | 1.83% | 2.14x | 1.42x | $-6.30 Million |
| 2023 | 23.03% | 9.45% | 1.73x | 1.41x | $26.39 Million |
| 2024 | 21.62% | 10.84% | 1.42x | 1.40x | $30.07 Million |
Industry Comparison
This section compares Vita Coco Company Inc's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $36,832,362,712
- Average return on equity (ROE) among peers: 1.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vita Coco Company Inc (COCO) | $323.73 Million | 12.77% | 0.42x | $2.90 Billion |
| Embotelladora Andina S.A (AKO-B) | $368.06 Billion | 12.42% | 0.79x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-2.05 Million | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $-3.41 Million | 0.00% | 0.00x | $11.97 |
| Signet International Holdings Inc (AQPW) | $3.42 Million | -11.13% | 0.35x | $740.86K |
| A1 Group Inc (AWON) | $-21.08K | 0.00% | 0.00x | $23.43 |
| A.G. BARR p.l.c (BAGFF) | $130.65 Million | 19.57% | 0.64x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $101.68K | -172.40% | 1.57x | $0.98 |
| Barfresh Food Group Inc (BRFH) | $585.61K | -59.06% | 0.04x | $18.98 Million |
| Britvic plc (BTVCF) | $134.97 Million | 107.94% | 12.26x | $3.84 Billion |
| Buda Juice, Inc. (BUDA) | $3.16 Million | 113.28% | 0.18x | $22.69 Million |