Voyager Acquisition Corp Net Assets
Voyager Acquisition Corp net assets. Based on the latest financial reports, Voyager Acquisition Corp (VACH) has net assets worth $-14.45 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 ($272.28 Million) and total liabilities ($286.73 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. Also explore Voyager Acquisition Corp annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-14.45 Million |
| % of Total Assets | -5.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Net Assets of Voyager Acquisition Corp (2023–2025)
Net assets of Voyager Acquisition Corp from 2023 to 2025. This chart illustrates how Voyager Acquisition Corp's net assets have evolved over time, based on quarterly financial data. See Voyager Acquisition Corp (VACH) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Voyager Acquisition Corp (2023–2025)
The table below shows the annual net assets of Voyager Acquisition Corp from 2023 to 2025. For live market cap and overall valuation, see Voyager Acquisition Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $256.72 Million | +3.63% |
| 2024-12-31 | $247.73 Million | +4954662.48% |
| 2023-12-31 | $-5.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voyager Acquisition Corp'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 1314111100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Voyager Acquisition Corp Net Assets Breakdown (December 2025)
Voyager Acquisition Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $269.86 Million | 105.12% |
| Total Equity | $256.72 Million | 100.00% |
Voyager Acquisition Corp Competitors by Market Cap
The table below lists competitors of Voyager Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS
IS:IPEKE
|
$541.41 Million |
|
Fulgent Genetics Inc
NASDAQ:FLGT
|
$541.50 Million |
|
Kforce Inc.
NASDAQ:KFRC
|
$541.69 Million |
|
Jiangsu Lianhuan Pharmaceutical Co Ltd
SHG:600513
|
$541.77 Million |
|
Evotec SE
XETRA:EVT
|
$540.90 Million |
|
Nanjing Well Pharmaceutical Co Ltd
SHG:603351
|
$540.86 Million |
|
PIERER Mobility AG
VI:PKTM
|
$540.74 Million |
|
Asia Aviation Public Company Limited
BK:AAV-R
|
$540.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voyager Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 247,728,124 to 256,717,265, a change of 8,989,141 (3.6%).
- Net income of 8,989,141 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.99 Million | +3.5% |
| Total Change | $- | 3.63% |
Book Value vs Market Value Analysis
This analysis compares Voyager Acquisition Corp'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: 2.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $0.00 | $24.79 | x |
| 2024-12-31 | $9.27 | $24.79 | x |
| 2025-12-31 | $10.15 | $24.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voyager Acquisition Corp 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): 3.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (3.50%) is above the historical average (2.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 1.67% | 0.00% | 0.00x | 1.05x | $-20.63 Million |
| 2025 | 3.50% | 0.00% | 0.00x | 1.05x | $-16.68 Million |
Industry Comparison
This section compares Voyager Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $187,093,079
- Average return on equity (ROE) among peers: 0.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voyager Acquisition Corp (VACH) | $-14.45 Million | 1.67% | N/A | $541.25 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $214.29 Million | 0.06% | 0.07x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $-27.95K | 0.00% | 0.00x | $257.52 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $237.42 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.97 Million |
| Ares Acquisition Corporation II (AACT) | $11.15K | -0.14% | 45.93x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $890.70 Million | 4.15% | 2.27x | $302.04K |
| Altenergy Acquisition Corp (AEAE) | $214.04 Million | 5.44% | 0.10x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $239.99 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $371.02 Million |
About Voyager Acquisition Corp
Voyager Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the healthcare or healthcare related sectors. Voyager Acquisition Corp. was incorporated in 2023 and is based in Brooklyn, N… Read more