Vestand Inc. Net Assets
Vestand Inc. net assets. Based on the latest financial reports, Vestand Inc. (VSTD) has net assets worth $4.69 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 ($19.07 Million) and total liabilities ($14.38 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 net asset growth rate of Vestand Inc. to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.69 Million |
| % of Total Assets | 24.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.72 |
Net Assets of Vestand Inc. (2019–2024)
Net assets of Vestand Inc. from 2019 to 2024. This chart illustrates how Vestand Inc.'s net assets have evolved over time, based on quarterly financial data. See net asset quality index of Vestand Inc. to measure how much of total assets are equity-financed.
Annual Net Assets for Vestand Inc. (2019–2024)
The table below shows the annual net assets of Vestand Inc. from 2019 to 2024. For live market cap and overall valuation, see Vestand Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $255.40K | -90.37% |
| 2023-12-31 | $2.65 Million | -52.93% |
| 2022-12-31 | $5.64 Million | +343.15% |
| 2021-12-31 | $-2.32 Million | -69.07% |
| 2020-12-31 | $-1.37 Million | -333.90% |
| 2019-12-31 | $-316.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vestand 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 1127421300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Vestand Inc. Net Assets Breakdown (December 2024)
Vestand Inc. net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $140.00 | 0.05% |
| Other Components | $12.26 Million | 4801.08% |
| Total Equity | $255.40K | 100.00% |
Vestand Inc. Competitors by Market Cap
The table below lists competitors of Vestand Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MONTEGO RESOURCES INC.
F:4MO
|
$18.41K |
|
Thai Oil PCL
STU:LQZ
|
$18.60K |
|
Centaur Media
LSE:CAU
|
$18.61K |
|
QBRICK AB (PUBL)
F:2A8
|
$19.38K |
|
Chesterfield Resources PLC
LSE:CHF
|
$18.26K |
|
Surface Transforms Plc
LSE:SCE
|
$18.22K |
|
Thai Oil Public Company Limited
F:LQZ
|
$18.10K |
|
BloomZ Inc. Ordinary Shares
NASDAQ:BLMZ
|
$18.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vestand Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,653,479 to 255,399, a change of -2,398,080 (-90.4%).
- Net loss of 2,665,869 reduced equity.
- New share issuances of 267,789 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.67 Million | -1043.81% |
| Share Issuances | $267.79K | +104.85% |
| Total Change | $- | -90.37% |
Book Value vs Market Value Analysis
This analysis compares Vestand 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: 0.03x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.06 | $0.00 | x |
| 2020-12-31 | $-0.26 | $0.00 | x |
| 2021-12-31 | $-0.04 | $0.00 | x |
| 2022-12-31 | $1.31 | $0.00 | x |
| 2023-12-31 | $0.50 | $0.00 | x |
| 2024-12-31 | $0.05 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vestand 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): -1043.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.76%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 68.81x
- Recent ROE (-1043.81%) is below the historical average (-203.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -3.30% | 1.90x | 0.00x | $-102.52K |
| 2020 | 0.00% | -14.20% | 1.05x | 0.00x | $-312.99K |
| 2021 | 0.00% | -24.94% | 1.12x | 0.00x | $-1.40 Million |
| 2022 | -61.86% | -42.11% | 0.52x | 2.84x | $-4.05 Million |
| 2023 | -114.58% | -32.99% | 0.71x | 4.91x | $-3.31 Million |
| 2024 | -1043.81% | -20.76% | 0.73x | 68.81x | $-2.69 Million |
Industry Comparison
This section compares Vestand Inc.'s net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $183,275,085
- Average return on equity (ROE) among peers: 2.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vestand Inc. (VSTD) | $4.69 Million | 0.00% | 3.07x | $18.36K |
| Arcos Dorados Holdings Inc (ARCO) | $198.02 Million | -75.47% | 10.58x | $879.36 Million |
| Ark Restaurants Corp (ARKR) | $41.23 Million | 13.07% | 0.61x | $18.07 Million |
| Flanigans Enterprises Inc (BDL) | $28.29 Million | 6.99% | 0.75x | $56.74 Million |
| BurgerFi International, Inc. (BFICQ) | $259.07 Million | 0.24% | 0.12x | $2.74K |
| Biglari Holdings Inc (BH) | $165.80 Million | 13.15% | 0.48x | $777.94 Million |
| Biglari Holdings Inc (BH-A) | $311.24 Million | 9.03% | 0.81x | $408.91 Million |
| BJs Restaurants Inc (BJRI) | $309.22 Million | 16.43% | 1.25x | $1.09 Billion |
| Bloomin Brands Inc (BLMN) | $337.17 Million | 1.60% | 8.41x | $774.01 Million |
| Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB) | $104.71 Million | -0.06% | 2.21x | $188.32 Million |
| Dutch Bros Inc (BROS) | $78.02 Million | 36.39% | 1.16x | $5.88 Billion |
About Vestand Inc.
Vestand Inc. together with its subsidiaries, owns and operates Japanese restaurants in California. It offers bone broth, ramen, rice bowls, appetizers, sushi rolls, bento boxes, and other Japanese cuisines. Vestand Inc. was formerly known as Yoshiharu Global Co. and changed its name to Vestand Inc. in September 2025. The company was founded in 2016 and is based in Brea, California.