Vivid Seats Inc (SEAT) - Net Assets
Based on the latest financial reports, Vivid Seats Inc (SEAT) has net assets worth $-95.39 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($691.74 Million) and total liabilities ($787.13 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. Check SEAT tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-95.39 Million |
| % of Total Assets | -13.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | -120.01% |
| 10-Year Change | N/A |
| Growth Volatility | 72.96 |
Vivid Seats Inc - Net Assets Trend (2019–2025)
This chart illustrates how Vivid Seats Inc's net assets have evolved over time, based on quarterly financial data. See Vivid Seats Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vivid Seats Inc (2019–2025)
The table below shows the annual net assets of Vivid Seats Inc from 2019 to 2025. For live valuation and market cap data, see Vivid Seats Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-85.13 Million | -113.86% |
| 2024-12-31 | $614.03 Million | +4.65% |
| 2023-12-31 | $586.76 Million | +22.20% |
| 2022-12-31 | $480.16 Million | +12.89% |
| 2021-12-31 | $425.33 Million | +256.50% |
| 2020-12-31 | $-271.78 Million | -152.44% |
| 2019-12-31 | $518.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vivid Seats 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 110698200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.00K | % |
| Other Comprehensive Income | $173.00K | % |
| Other Components | $1.27 Billion | % |
| Total Equity | $-85.13 Million | 100.00% |
Vivid Seats Inc Competitors by Market Cap
The table below lists competitors of Vivid Seats Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Burcelik Bursa Celik Dokum Sanayi AS
IS:BURCE
|
$83.77 Million |
|
UOB Kay Hian Securities (Thailand) Public Company Limited
BK:UOBKH
|
$83.79 Million |
|
Intellicheck Mobilisa Inc
NASDAQ:IDN
|
$83.79 Million |
|
Yew Lee Pacific Group Berhad
KLSE:0248
|
$83.80 Million |
|
YHN Acquisition I Limited Ordinary Shares
NASDAQ:YHNA
|
$83.70 Million |
|
Alquiber Quality SA
MC:ALQ
|
$83.70 Million |
|
Compass Digital Acquisition Corp
NASDAQ:CDAQ
|
$83.68 Million |
|
Tze Shin International Co Ltd
TW:2611
|
$83.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vivid Seats Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 261,113,000 to -85,129,000, a change of -346,242,000 (-132.6%).
- Net loss of 429,301,000 reduced equity.
- Share repurchases of 18,295,000 reduced equity.
- Other comprehensive income increased equity by 1,053,000.
- Other factors increased equity by 100,301,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-429.30 Million | -504.29% |
| Share Repurchases | $18.30 Million | -21.49% |
| Other Comprehensive Income | $1.05 Million | +1.24% |
| Other Changes | $100.30 Million | +117.82% |
| Total Change | $- | -132.60% |
Book Value vs Market Value Analysis
This analysis compares Vivid Seats 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $134.71 | $7.62 | x |
| 2020-12-31 | $-79.94 | $7.62 | x |
| 2021-12-31 | $5.49 | $7.62 | x |
| 2022-12-31 | $-38.51 | $7.62 | x |
| 2023-12-31 | $2.95 | $7.62 | x |
| 2024-12-31 | $24.97 | $7.62 | x |
| 2025-12-31 | $-8.16 | $7.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vivid Seats 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -75.21%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -10.39% | -11.48% | 0.31x | 2.89x | $-105.68 Million |
| 2020 | 0.00% | -2207.10% | 0.03x | 0.00x | $-747.01 Million |
| 2021 | -3.79% | -3.64% | 0.31x | 3.31x | $-58.65 Million |
| 2022 | 0.00% | 4.77% | 0.52x | 0.00x | $66.93 Million |
| 2023 | 12.70% | 10.46% | 0.46x | 2.64x | $15.86 Million |
| 2024 | 3.61% | 1.22% | 0.47x | 6.27x | $-16.69 Million |
| 2025 | 0.00% | -75.21% | 0.90x | 0.00x | $-420.79 Million |
Industry Comparison
This section compares Vivid Seats Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $2,562,519,698
- Average return on equity (ROE) among peers: -20.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vivid Seats Inc (SEAT) | $-95.39 Million | -10.39% | N/A | $83.72 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $8.50 Million |
| ANGI Homeservices Inc (ANGI) | $-36.27 Million | 0.00% | 0.00x | $206.28 Million |
| Arena Group Holdings Inc (AREN) | $-5.91 Million | 0.00% | 0.00x | $72.36 Million |
| Autohome Inc (ATHM) | $2.33 Billion | 9.15% | 0.02x | $2.12 Billion |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $31.05 Billion |
| Bilibili Inc (BILI) | $7.78 Billion | -38.70% | 2.07x | $5.79 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $386.08 Million |
| The Beachbody Company, Inc. (BODI) | $82.76 Million | -184.44% | 2.35x | $37.46 Million |
| The Beachbody Company, Inc. (BODI) | $87.40 Million | 36.95% | 2.33x | $48.17 Million |
| Kanzhun Ltd ADR (BZ) | $-2.30 Billion | 0.00% | 0.00x | $5.37 Billion |
About Vivid Seats Inc
Vivid Seats Inc. operates as an online ticket marketplace in the United States, Canada, and Japan. It operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers through its website and mobile applications, including Vivid Seats; Vegas.com, an online ticket marketplace for shows, attractions, tours, flights, and hotels … Read more