KVH Industries Inc
KVH Industries, Inc., together with its subsidiaries, engages in the design, development, manufacture, and marketing of mobile connectivity solutions for the marine and land mobile markets in the United States and internationally. It offers Internet and VoIP airtime services; AgilePlans, a Connectivity as a Service solution; CommBox, a data management software for maritime communications; CommBox… Read more
KVH Industries Inc (KVHI) - Net Assets
Latest net assets as of December 2025: $130.98 Million USD
Based on the latest financial reports, KVH Industries Inc (KVHI) has net assets worth $130.98 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($151.50 Million) and total liabilities ($20.52 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 | $130.98 Million |
| % of Total Assets | 86.46% |
| Annual Growth Rate | 12.62% |
| 5-Year Change | 1.56% |
| 10-Year Change | 22.99% |
| Growth Volatility | 68.91 |
KVH Industries Inc - Net Assets Trend (1995–2025)
This chart illustrates how KVH Industries 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 KVH Industries Inc (1995–2025)
The table below shows the annual net assets of KVH Industries Inc from 1995 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $130.98 Million | -5.51% |
| 2024-12-31 | $138.62 Million | -5.94% |
| 2023-12-31 | $147.37 Million | -6.98% |
| 2022-12-31 | $158.44 Million | +22.84% |
| 2021-12-31 | $128.98 Million | -2.20% |
| 2020-12-31 | $131.88 Million | -12.07% |
| 2019-12-31 | $149.99 Million | +50.72% |
| 2018-12-31 | $99.52 Million | -5.82% |
| 2017-12-31 | $105.67 Million | -0.79% |
| 2016-12-31 | $106.50 Million | -9.88% |
| 2015-12-31 | $118.18 Million | +1.40% |
| 2014-12-31 | $116.54 Million | +0.06% |
| 2013-12-31 | $116.47 Million | +10.18% |
| 2012-12-31 | $105.70 Million | +9.41% |
| 2011-12-31 | $96.61 Million | +0.32% |
| 2010-12-31 | $96.30 Million | +18.02% |
| 2009-12-31 | $81.60 Million | +3.20% |
| 2008-12-31 | $79.07 Million | -2.11% |
| 2007-12-31 | $80.77 Million | +3.82% |
| 2006-12-31 | $77.79 Million | +9.01% |
| 2005-12-31 | $71.36 Million | +5.36% |
| 2004-12-31 | $67.73 Million | +167.37% |
| 2003-12-31 | $25.33 Million | -0.39% |
| 2002-12-31 | $25.43 Million | -3.10% |
| 2001-12-31 | $26.25 Million | +36.75% |
| 2000-12-31 | $19.19 Million | +32.35% |
| 1999-12-31 | $14.50 Million | -15.19% |
| 1998-12-31 | $17.10 Million | -10.94% |
| 1997-12-31 | $19.20 Million | +15.66% |
| 1996-12-31 | $16.60 Million | +348.65% |
| 1995-12-31 | $3.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KVH Industries 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 decreased by 1933500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $213.00K | 0.16% |
| Other Comprehensive Income | $-4.16 Million | -3.18% |
| Other Components | $155.07 Million | 118.39% |
| Total Equity | $130.98 Million | 100.00% |
KVH Industries Inc Competitors by Market Cap
The table below lists competitors of KVH Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Well Shin Technology Co Ltd
TW:3501
|
$101.45 Million |
|
Vakif Finansal Kiralama AS
IS:VAKFN
|
$101.47 Million |
|
Borosil Limited
NSE:BOROLTD
|
$101.49 Million |
|
Tung Thih Electronic Co Ltd
TWO:3552
|
$101.51 Million |
|
Sapien Semiconductors Inc.
KQ:452430
|
$101.34 Million |
|
Shin Shin Natural Gas Co Ltd
TW:9918
|
$101.34 Million |
|
SKP Resources Bhd
KLSE:7155
|
$101.33 Million |
|
LEWAG Holding Aktiengesellschaft
F:KGR
|
$101.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KVH Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 138,625,000 to 130,984,000, a change of -7,641,000 (-5.5%).
- Net loss of 7,383,000 reduced equity.
- Other comprehensive income decreased equity by 129,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.38 Million | -5.64% |
| Other Comprehensive Income | $-129.00K | -0.1% |
| Other Changes | $-129.00K | -0.1% |
| Total Change | $- | -5.51% |
Book Value vs Market Value Analysis
This analysis compares KVH Industries 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: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.48x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $0.65 | $8.08 | x |
| 1996-12-31 | $2.32 | $8.08 | x |
| 1997-12-31 | $2.62 | $8.08 | x |
| 1998-12-31 | $2.40 | $8.08 | x |
| 1999-12-31 | $2.00 | $8.08 | x |
| 2000-12-31 | $2.52 | $8.08 | x |
| 2001-12-31 | $2.57 | $8.08 | x |
| 2002-12-31 | $2.30 | $8.08 | x |
| 2003-12-31 | $2.14 | $8.08 | x |
| 2004-12-31 | $4.80 | $8.08 | x |
| 2005-12-31 | $4.86 | $8.08 | x |
| 2006-12-31 | $5.22 | $8.08 | x |
| 2007-12-31 | $5.39 | $8.08 | x |
| 2008-12-31 | $5.50 | $8.08 | x |
| 2009-12-31 | $5.83 | $8.08 | x |
| 2010-12-31 | $6.49 | $8.08 | x |
| 2011-12-31 | $6.41 | $8.08 | x |
| 2012-12-31 | $7.04 | $8.08 | x |
| 2013-12-31 | $7.59 | $8.08 | x |
| 2014-12-31 | $7.47 | $8.08 | x |
| 2015-12-31 | $7.46 | $8.08 | x |
| 2016-12-31 | $6.73 | $8.08 | x |
| 2017-12-31 | $6.44 | $8.08 | x |
| 2018-12-31 | $5.83 | $8.08 | x |
| 2019-12-31 | $8.59 | $8.08 | x |
| 2020-12-31 | $7.46 | $8.08 | x |
| 2021-12-31 | $7.08 | $8.08 | x |
| 2022-12-31 | $8.50 | $8.08 | x |
| 2023-12-31 | $7.70 | $8.08 | x |
| 2024-12-31 | $7.15 | $8.08 | x |
| 2025-12-31 | $6.75 | $8.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KVH Industries 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): -5.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.65%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.16x
- Recent ROE (-5.64%) is below the historical average (-0.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 32.43% | 8.45% | 1.80x | 2.14x | $830.00K |
| 1996 | 15.06% | 9.73% | 1.19x | 1.30x | $840.00K |
| 1997 | 11.46% | 8.59% | 1.17x | 1.14x | $280.00K |
| 1998 | -13.45% | -11.17% | 1.10x | 1.09x | $-4.01 Million |
| 1999 | -18.60% | -11.82% | 1.15x | 1.37x | $-4.15 Million |
| 2000 | -4.90% | -3.14% | 1.13x | 1.38x | $-2.86 Million |
| 2001 | -23.86% | -19.14% | 0.99x | 1.26x | $-8.89 Million |
| 2002 | -5.81% | -3.10% | 1.47x | 1.28x | $-4.02 Million |
| 2003 | -5.80% | -2.59% | 1.66x | 1.34x | $-4.00 Million |
| 2004 | -9.08% | -9.87% | 0.82x | 1.12x | $-12.92 Million |
| 2005 | 4.11% | 4.11% | 0.87x | 1.15x | $-4.21 Million |
| 2006 | 4.72% | 4.65% | 0.89x | 1.14x | $-4.10 Million |
| 2007 | 3.09% | 3.09% | 0.88x | 1.13x | $-5.58 Million |
| 2008 | 3.87% | 3.71% | 0.88x | 1.19x | $-4.85 Million |
| 2009 | -0.16% | -0.15% | 0.91x | 1.20x | $-8.29 Million |
| 2010 | 8.59% | 7.37% | 0.97x | 1.20x | $-1.36 Million |
| 2011 | 0.89% | 0.76% | 0.88x | 1.33x | $-8.80 Million |
| 2012 | 3.39% | 2.61% | 1.00x | 1.30x | $-6.99 Million |
| 2013 | 3.89% | 2.79% | 0.89x | 1.57x | $-7.11 Million |
| 2014 | 0.04% | 0.02% | 0.73x | 2.02x | $-11.61 Million |
| 2015 | 1.91% | 1.22% | 0.82x | 1.91x | $-9.56 Million |
| 2016 | -7.06% | -4.27% | 0.88x | 1.88x | $-18.17 Million |
| 2017 | -10.44% | -6.89% | 0.82x | 1.86x | $-21.60 Million |
| 2018 | -8.27% | -4.82% | 0.91x | 1.89x | $-18.18 Million |
| 2019 | 22.17% | 21.06% | 0.79x | 1.33x | $18.26 Million |
| 2020 | -16.64% | -13.82% | 0.86x | 1.39x | $-35.13 Million |
| 2021 | -7.57% | -7.29% | 0.79x | 1.31x | $-22.66 Million |
| 2022 | 15.17% | 17.32% | 0.71x | 1.24x | $8.19 Million |
| 2023 | -10.46% | -11.65% | 0.77x | 1.17x | $-30.16 Million |
| 2024 | -7.97% | -9.71% | 0.73x | 1.12x | $-24.91 Million |
| 2025 | -5.64% | -6.65% | 0.73x | 1.16x | $-20.48 Million |
Industry Comparison
This section compares KVH Industries Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KVH Industries Inc (KVHI) | $130.98 Million | 32.43% | 0.16x | $101.45 Million |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |