Virpax Pharmaceuticals Inc
Virpax Pharmaceuticals, Inc., a preclinical-stage pharmaceutical company, develops various drug-delivery systems and drug-releasing technologies focused on advancing non-opioid and non-addictive pain management treatments for central nervous system disorders. Its preclinical stage product candidates include Epoladerm, a topical spray film delivery technology for osteoarthritis pain; Probudur, an … Read more
Virpax Pharmaceuticals Inc (VRPX) - Net Assets
Latest net assets as of December 2024: $-913.76K USD
Based on the latest financial reports, Virpax Pharmaceuticals Inc (VRPX) has net assets worth $-913.76K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.56 Million) and total liabilities ($2.47 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 | $-913.76K |
| % of Total Assets | -58.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 22282.01 |
Virpax Pharmaceuticals Inc - Net Assets Trend (2018–2024)
This chart illustrates how Virpax Pharmaceuticals 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 Virpax Pharmaceuticals Inc (2018–2024)
The table below shows the annual net assets of Virpax Pharmaceuticals Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-913.76 Million | -47339.32% |
| 2023-12-31 | $1.93 Million | -88.33% |
| 2022-12-31 | $16.58 Million | -55.77% |
| 2021-12-31 | $37.48 Million | +989.09% |
| 2020-12-31 | $-4.22 Million | -54.31% |
| 2019-12-31 | $-2.73 Million | -129.08% |
| 2018-12-31 | $-1.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Virpax Pharmaceuticals 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 7160835832100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $149.00 | % |
| Other Components | $70.70 Billion | % |
| Total Equity | $-913.76 Million | 100.00% |
Virpax Pharmaceuticals Inc Competitors by Market Cap
The table below lists competitors of Virpax Pharmaceuticals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dong Ah Tire & Rubber Co. Ltd.
KQ:007340
|
$231.35K |
|
New Mountain Finance Corporation 8.250% Notes due 2028
NASDAQ:NMFCZ
|
$231.59K |
|
Lang & Schwarz Aktiengesellschaft
XETRA:LUS1
|
$231.67K |
|
MGO Global Inc. Common Stock
NASDAQ:MGOL
|
$231.72K |
|
KARELIAN DIA.R. EO-00025
F:KJY1
|
$231.33K |
|
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028
NASDAQ:ABLLL
|
$231.21K |
|
PROGRESS-WERK (PWO.SG)
STU:PWO
|
$231.17K |
|
Orlen SA
PR:ORLEN
|
$231.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Virpax Pharmaceuticals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,934,321 to -913,760,000, a change of -915,694,321 (-47339.3%).
- Net loss of 12,067,225,000 reduced equity.
- New share issuances of 6,317,298 increased equity.
- Other factors increased equity by 11,145,213,381.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.07 Billion | -1320.61% |
| Share Issuances | $6.32 Million | +0.69% |
| Other Changes | $11.15 Billion | +1219.71% |
| Total Change | $- | -47339.32% |
Book Value vs Market Value Analysis
This analysis compares Virpax Pharmaceuticals 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 |
|---|---|---|---|
| 2018-12-31 | $-0.24 | $0.22 | x |
| 2019-12-31 | $-5.24 | $0.22 | x |
| 2020-12-31 | $-8.53 | $0.22 | x |
| 2021-12-31 | $32.00 | $0.22 | x |
| 2022-12-31 | $14.16 | $0.22 | x |
| 2023-12-31 | $1.65 | $0.22 | x |
| 2024-12-31 | $-214.78 | $0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Virpax Pharmaceuticals 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-135.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.52 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.16 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.07 Million |
| 2021 | -32.41% | 0.00% | 0.00x | 1.06x | $-15.90 Million |
| 2022 | -129.42% | 0.00% | 0.00x | 1.19x | $-23.11 Million |
| 2023 | -785.26% | 0.00% | 0.00x | 4.98x | $-15.38 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.98 Billion |
Industry Comparison
This section compares Virpax Pharmaceuticals Inc's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $59,082,939
- Average return on equity (ROE) among peers: -341.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Virpax Pharmaceuticals Inc (VRPX) | $-913.76K | 0.00% | N/A | $231.35K |
| Aadi Bioscience Inc (AADI) | $-124.24K | 0.00% | 0.00x | $17.03 Million |
| America Great Health (AAGH) | $-992.37K | 0.00% | 0.00x | $2.12 Million |
| Ascentage Pharma Group International (AAPG) | $70.63 Million | -1310.51% | 34.40x | $2.25 Billion |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-27.92 Million | 0.00% | 0.00x | $59.18 Million |
| ABIVAX Société Anonyme (AAVXF) | $196.01 Million | -75.37% | 0.67x | $377.86 Million |
| Abcellera Biologics Inc (ABCL) | $10.25 Million | -21.57% | 1.29x | $738.02 Million |
| Abeona Therapeutics Inc (ABEO) | $489.00K | -1919.02% | 38.85x | $202.79 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $188.78 Million | -22.70% | 0.04x | $108.65 Million |
| Abpro Holdings, Inc. (ABP) | $-22.46 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $176.18 Million | -62.76% | 0.23x | $345.85 Million |