Volcon Inc
Volcon, Inc. designs, develops, and sells electric off road powersport vehicles in the United States. The company provides electric two-wheeled e-bikes and motorcycles; four-wheeled utility terrain vehicles; and golf carts, as well as various upgrades and accessories. It sells its products through powersports dealers, bicycle retailers, and golf cart dealers, as well as through its website. The c… Read more
Volcon Inc (VLCN) - Net Assets
Latest net assets as of June 2025: $13.82 Million USD
Based on the latest financial reports, Volcon Inc (VLCN) has net assets worth $13.82 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.94 Million) and total liabilities ($4.12 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 | $13.82 Million |
| % of Total Assets | 77.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1550.75 |
Volcon Inc - Net Assets Trend (2020–2024)
This chart illustrates how Volcon 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 Volcon Inc (2020–2024)
The table below shows the annual net assets of Volcon Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $40.76K | +100.21% |
| 2023-12-31 | $-19.63 Million | -3191.44% |
| 2022-12-31 | $635.01K | -89.93% |
| 2021-12-31 | $6.30 Million | +652.11% |
| 2020-12-31 | $-1.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Volcon 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 16494203400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.00 | 0.02% |
| Other Comprehensive Income | $5.06 Million | 12409.47% |
| Other Components | $161.30 Million | 395718.89% |
| Total Equity | $40.76K | 100.00% |
Volcon Inc Competitors by Market Cap
The table below lists competitors of Volcon Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KAZERA GLOBALPLC LS 0001
F:W3L1
|
$3.89 Million |
|
ARTS-WAY MFG CO.LTD
F:ID2
|
$3.89 Million |
|
Redivium Ltd
AU:RIL
|
$3.89 Million |
|
Astute Metals NL
AU:ASE
|
$3.89 Million |
|
Norofert SA
RO:NRF
|
$3.89 Million |
|
SONIM TECHNOLOGIE DL-001
F:2W9A
|
$3.88 Million |
|
American Overseas Group Ltd
PINK:AOREF
|
$3.88 Million |
|
TX Rail Products, Inc
PINK:TXRP
|
$3.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Volcon Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -19,631,021 to 40,761, a change of 19,671,782.
- Net loss of 45,510,309 reduced equity.
- New share issuances of 10,974,091 increased equity.
- Other comprehensive income increased equity by 5,058,223.
- Other factors increased equity by 49,149,777.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-45.51 Million | -111651.6% |
| Share Issuances | $10.97 Million | +26923.02% |
| Other Comprehensive Income | $5.06 Million | +12409.47% |
| Other Changes | $49.15 Million | +120580.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Volcon 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: 505.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-18417.02 | $7.61 | x |
| 2021-12-31 | $65669.26 | $7.61 | x |
| 2022-12-31 | $4703.80 | $7.61 | x |
| 2023-12-31 | $-15253.32 | $7.61 | x |
| 2024-12-31 | $0.02 | $7.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Volcon 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): -111651.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1127.28%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 152.76x
- Recent ROE (-111651.60%) is below the historical average (-23601.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.26 Million |
| 2021 | -624.38% | -8770.20% | 0.03x | 2.32x | $-39.99 Million |
| 2022 | -5733.30% | -800.74% | 0.20x | 35.79x | $-36.47 Million |
| 2023 | 0.00% | -1382.13% | 0.15x | 0.00x | $-43.11 Million |
| 2024 | -111651.60% | -1127.28% | 0.65x | 152.76x | $-45.51 Million |
Industry Comparison
This section compares Volcon Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Volcon Inc (VLCN) | $13.82 Million | 0.00% | 0.30x | $3.89 Million |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |