Vislink Technologies Inc
Vislink Technologies, Inc. provides solutions for collecting live news, sports, entertainment, and news events for the broadcast markets in North America, South America, Europe, Asia, and internationally. The company offers live production products and solutions, such as wireless camera transmitter and receiver products comprising HCAM, a 4K Ultra HD-capable on-camera wireless system; Quantum, an… Read more
Vislink Technologies Inc (VISL) - Net Assets
Latest net assets as of September 2024: $31.99 Million USD
Based on the latest financial reports, Vislink Technologies Inc (VISL) has net assets worth $31.99 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.41 Million) and total liabilities ($8.42 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 | $31.99 Million |
| % of Total Assets | 79.17% |
| Annual Growth Rate | 4.44% |
| 5-Year Change | 300.66% |
| 10-Year Change | 126.06% |
| Growth Volatility | 124.51 |
Vislink Technologies Inc - Net Assets Trend (2005–2023)
This chart illustrates how Vislink Technologies 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 Vislink Technologies Inc (2005–2023)
The table below shows the annual net assets of Vislink Technologies Inc from 2005 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $36.98 Million | -15.29% |
| 2022-12-31 | $43.65 Million | -24.23% |
| 2021-12-31 | $57.61 Million | +476.28% |
| 2020-12-31 | $10.00 Million | +8.32% |
| 2019-12-31 | $9.23 Million | -10.31% |
| 2018-12-31 | $10.29 Million | -41.62% |
| 2017-12-31 | $17.63 Million | +39.47% |
| 2016-12-31 | $12.64 Million | +22.82% |
| 2015-12-31 | $10.29 Million | -37.09% |
| 2014-12-31 | $16.36 Million | -27.03% |
| 2013-12-31 | $22.42 Million | +480.77% |
| 2012-12-31 | $-5.89 Million | -117.92% |
| 2011-12-31 | $32.85 Million | +21.04% |
| 2010-12-31 | $27.14 Million | -61.61% |
| 2009-12-31 | $70.70 Million | +8.65% |
| 2008-12-31 | $65.07 Million | +16.61% |
| 2007-12-31 | $55.80 Million | +146.49% |
| 2006-12-31 | $22.64 Million | +33.84% |
| 2005-12-31 | $16.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vislink Technologies 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 30301200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-1.03 Million | -2.78% |
| Other Components | $347.23 Million | 939.04% |
| Total Equity | $36.98 Million | 100.00% |
Vislink Technologies Inc Competitors by Market Cap
The table below lists competitors of Vislink Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NTPM Holdings Bhd
KLSE:5066
|
$5.57 Million |
|
Fitzroy River Corporation Ltd
AU:FZR
|
$5.57 Million |
|
AKER CARB.CAPT.AS NK 1
F:606
|
$5.58 Million |
|
Metals Australia Ltd
AU:MLS
|
$5.58 Million |
|
Tan Dai Hung Plastic JSC
VN:TPC
|
$5.57 Million |
|
Bulletin Resources Ltd
AU:BNR
|
$5.57 Million |
|
Breakthrough Minerals Ltd
AU:BTM
|
$5.57 Million |
|
Carbochim SA
RO:CBC
|
$5.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vislink Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 43,652,000 to 36,977,000, a change of -6,675,000 (-15.3%).
- Net loss of 9,127,000 reduced equity.
- Dividend payments of 375,000 reduced retained earnings.
- Other comprehensive income increased equity by 310,001.
- Other factors increased equity by 2,516,999.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.13 Million | -24.68% |
| Dividends Paid | $375.00K | -1.01% |
| Other Comprehensive Income | $310.00K | +0.84% |
| Other Changes | $2.52 Million | +6.81% |
| Total Change | $- | -15.29% |
Book Value vs Market Value Analysis
This analysis compares Vislink Technologies 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: 0.16x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.00x to 0.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $2416285.71 | $2.50 | x |
| 2006-12-31 | $3234000.00 | $2.50 | x |
| 2007-12-31 | $7971428.57 | $2.50 | x |
| 2008-12-31 | $9295714.29 | $2.50 | x |
| 2009-12-31 | $10099571.43 | $2.50 | x |
| 2010-12-31 | $3876857.14 | $2.50 | x |
| 2011-12-31 | $4692714.29 | $2.50 | x |
| 2012-12-31 | $-841000.00 | $2.50 | x |
| 2013-12-31 | $1868000.00 | $2.50 | x |
| 2014-12-31 | $908722.22 | $2.50 | x |
| 2015-12-31 | $195016.11 | $2.50 | x |
| 2016-12-31 | $24621.59 | $2.50 | x |
| 2017-12-31 | $1742.66 | $2.50 | x |
| 2018-12-31 | $748.80 | $2.50 | x |
| 2019-12-31 | $123.58 | $2.50 | x |
| 2020-12-31 | $13.50 | $2.50 | x |
| 2021-12-31 | $26.50 | $2.50 | x |
| 2022-12-31 | $18.70 | $2.50 | x |
| 2023-12-31 | $15.53 | $2.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vislink Technologies 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): -24.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.21%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.22x
- Recent ROE (-24.68%) is above the historical average (-86.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -20.31% | 0.00% | 0.00x | 1.00x | $-5.13 Million |
| 2006 | -49.74% | 0.00% | 0.00x | 1.03x | $-13.52 Million |
| 2007 | -21.53% | -4806.00% | 0.00x | 1.03x | $-17.59 Million |
| 2008 | 3.06% | 12.18% | 0.24x | 1.05x | $-4.51 Million |
| 2009 | -2.25% | -14.92% | 0.15x | 1.03x | $-8.66 Million |
| 2010 | -181.52% | 0.00% | 0.00x | 1.12x | $-51.97 Million |
| 2011 | -46.90% | -10271.33% | 0.00x | 1.03x | $-18.69 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.20 Million |
| 2013 | -122.46% | -6761.08% | 0.01x | 1.32x | $-29.69 Million |
| 2014 | -116.02% | -3021.97% | 0.03x | 1.41x | $-20.61 Million |
| 2015 | -173.52% | -1915.99% | 0.06x | 1.61x | $-18.89 Million |
| 2016 | -165.38% | -317.95% | 0.33x | 1.57x | $-22.17 Million |
| 2017 | -59.83% | -22.05% | 1.31x | 2.08x | $-12.31 Million |
| 2018 | -144.54% | -38.84% | 1.33x | 2.80x | $-15.90 Million |
| 2019 | -215.90% | -68.84% | 1.23x | 2.56x | $-20.85 Million |
| 2020 | -229.60% | -100.31% | 1.11x | 2.07x | $-23.95 Million |
| 2021 | -38.66% | -65.73% | 0.50x | 1.18x | $-28.03 Million |
| 2022 | -31.02% | -47.67% | 0.55x | 1.19x | $-17.91 Million |
| 2023 | -24.68% | -33.21% | 0.61x | 1.22x | $-12.82 Million |
Industry Comparison
This section compares Vislink Technologies Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vislink Technologies Inc (VISL) | $31.99 Million | -20.31% | 0.26x | $5.57 Million |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |