Vroom, Inc. (VRMMQ) - Net Assets
Based on the latest financial reports, Vroom, Inc. (VRMMQ) has net assets worth $-30.95 Million USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.07 Billion) and total liabilities ($1.10 Billion). 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 VRMMQ asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-30.95 Million |
| % of Total Assets | -2.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 37.2 |
Vroom, Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Vroom, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Vroom, Inc. (VRMMQ) total assets for the complete picture of this company's asset base.
Annual Net Assets for Vroom, Inc. (2020–2024)
The table below shows the annual net assets of Vroom, Inc. from 2020 to 2024. For live valuation and market cap data, see VRMMQ market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-30.95 Million | -125.33% |
| 2023-12-31 | $122.15 Million | -74.30% |
| 2022-12-31 | $475.24 Million | -48.07% |
| 2021-12-31 | $915.19 Million | -25.42% |
| 2020-12-31 | $1.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vroom, 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 134796500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.09 Billion | % |
| Total Equity | $-30.95 Million | 100.00% |
Vroom, Inc. Competitors by Market Cap
The table below lists competitors of Vroom, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Landmark Property Development Company Limited
NSE:LPDC
|
$10.94 Million |
|
Southern Hemisphere Mining Ltd
AU:SUH
|
$10.94 Million |
|
Dongyang S.Tec Co.Ltd
KQ:060380
|
$10.94 Million |
|
Goyal Aluminiums Limited
NSE:GOYALALUM
|
$10.94 Million |
|
Jianzhi Education Technology Group Company Limited American Depositary Shares
NASDAQ:JZ
|
$10.93 Million |
|
Bodegas Riojanas S.A.
MC:RIO
|
$10.93 Million |
|
Nexen Corp
KO:005725
|
$10.92 Million |
|
K2 Asset Management Holdings Ltd
AU:KAM
|
$10.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vroom, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,151,000 to -30,945,000, a change of -153,096,000 (-125.3%).
- Net loss of 165,124,000 reduced equity.
- Other factors increased equity by 12,028,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-165.12 Million | -533.6% |
| Other Changes | $12.03 Million | +38.87% |
| Total Change | $- | -125.33% |
Book Value vs Market Value Analysis
This analysis compares Vroom, 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 |
|---|---|---|---|
| 2020-12-31 | $732.36 | $36.50 | x |
| 2021-12-31 | $534.06 | $36.50 | x |
| 2022-12-31 | $275.10 | $36.50 | x |
| 2023-12-31 | $68.19 | $36.50 | x |
| 2024-12-31 | $-16.98 | $36.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vroom, 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: -1422.26%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-90.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -16.53% | -14.94% | 0.79x | 1.40x | $-325.51 Million |
| 2021 | -40.53% | -11.65% | 1.35x | 2.59x | $-462.43 Million |
| 2022 | -95.09% | -23.19% | 1.20x | 3.41x | $-499.43 Million |
| 2023 | -298.49% | -2944.21% | 0.01x | 12.08x | $-376.83 Million |
| 2024 | 0.00% | -1422.26% | 0.01x | 0.00x | $-162.03 Million |
Industry Comparison
This section compares Vroom, Inc.'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $304,265,700
- Average return on equity (ROE) among peers: 8.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vroom, Inc. (VRMMQ) | $-30.95 Million | -16.53% | N/A | $10.93 Million |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $3.95 Billion |
| ACV Auctions Inc. (ACVA) | $-106.14 Million | 0.00% | 0.00x | $1.29 Billion |
| ACV Auctions Inc. (ACVA) | $440.00 Million | -18.11% | 1.24x | $909.06 Million |
| AutoNation Inc (AN) | $92.40 Million | 2.27% | 0.61x | $6.72 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-12.92 Million | 0.00% | 0.00x | $5.66 Million |
| Boyd Group Services Inc. (BGSI) | $828.33 Million | 10.46% | 1.88x | $3.34 Billion |
| CarGurus (CARG) | $64.73 Million | 10.04% | 0.55x | $3.00 Billion |
| Americas Car-Mart Inc (CRMT) | $213.41 Million | 9.90% | 0.70x | $105.43 Million |
| Carvana Co (CVNA) | $801.97 Million | -21.34% | 2.78x | $44.74 Billion |
| Camping World Holdings Inc (CWH) | $247.69 Million | 55.29% | 18.38x | $487.48 Million |
About Vroom, Inc.
Vroom, Inc. operates as an automotive finance company. The company offers vehicle financing to its customers through third party dealers under the UACC brand. It also provides artificial intelligence powered analytics and digital services to dealers, automotive financial services companies, and others in the automotive industry for automotive retail. The company was formerly known as Auto America… Read more