VirTra Inc
VirTra, Inc. provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. It offers V-300 simulator, a 300 degree wrap-around screen for … Read more
VirTra Inc (VTSI) - Net Assets
Latest net assets as of September 2025: $46.83 Million USD
Based on the latest financial reports, VirTra Inc (VTSI) has net assets worth $46.83 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($66.20 Million) and total liabilities ($19.37 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 | $46.83 Million |
| % of Total Assets | 70.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | 291.91% |
| 10-Year Change | 945.17% |
| Growth Volatility | 58.57 |
VirTra Inc - Net Assets Trend (1999–2024)
This chart illustrates how VirTra 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 VirTra Inc (1999–2024)
The table below shows the annual net assets of VirTra Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $45.69 Million | +5.35% |
| 2023-12-31 | $43.37 Million | +28.76% |
| 2022-12-31 | $33.68 Million | +7.85% |
| 2021-12-31 | $31.23 Million | +167.86% |
| 2020-12-31 | $11.66 Million | +14.51% |
| 2019-12-31 | $10.18 Million | -3.93% |
| 2018-12-31 | $10.60 Million | +2.03% |
| 2017-12-31 | $10.39 Million | +62.02% |
| 2016-12-31 | $6.41 Million | +46.63% |
| 2015-12-31 | $4.37 Million | +60.61% |
| 2014-12-31 | $2.72 Million | +99.39% |
| 2013-12-31 | $1.37 Million | +517.19% |
| 2012-12-31 | $-327.21K | +41.65% |
| 2011-12-31 | $-560.74K | -106.37% |
| 2010-12-31 | $8.80 Million | +20.45% |
| 2009-12-31 | $7.30 Million | +36.10% |
| 2008-12-31 | $5.37 Million | +234.64% |
| 2007-12-31 | $-3.99 Million | -8.69% |
| 2006-12-31 | $-3.67 Million | -0.11% |
| 2005-12-31 | $-3.66 Million | -13.02% |
| 2004-12-31 | $-3.24 Million | +63.59% |
| 2003-12-31 | $-8.90 Million | -3.27% |
| 2002-12-31 | $-8.62 Million | -27.84% |
| 2001-12-31 | $-6.74 Million | -600.72% |
| 2000-12-31 | $-962.26K | +8.83% |
| 1999-12-31 | $-1.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VirTra 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 grown by 1511212200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.77 Million | 27.96% |
| Common Stock | $1.12K | 0.00% |
| Other Components | $32.92 Million | 72.04% |
| Total Equity | $45.69 Million | 100.00% |
VirTra Inc Competitors by Market Cap
The table below lists competitors of VirTra Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coeptis Therapeutics Inc
NASDAQ:COEP
|
$49.18 Million |
|
Thai Coconut Public Company Limited
BK:COCOCO
|
$49.18 Million |
|
Tata Steel (Thailand) Public Company Limited
BK:TSTH
|
$49.19 Million |
|
Paxman AB
PINK:PXMBF
|
$49.22 Million |
|
Adicet Bio Inc
NASDAQ:ACET
|
$49.12 Million |
|
PEDEVCO Corp
NYSE MKT:PED
|
$49.12 Million |
|
Solytech Enterprise Corp
TW:1471
|
$49.10 Million |
|
BriQ Properties Real Estate Investment Company
AT:BRIQ
|
$49.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VirTra Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 43,369,844 to 45,690,888, a change of 2,321,044 (5.4%).
- Net income of 1,363,681 contributed positively to equity growth.
- Other factors increased equity by 957,363.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.36 Million | +2.98% |
| Other Changes | $957.36K | +2.1% |
| Total Change | $- | 5.35% |
Book Value vs Market Value Analysis
This analysis compares VirTra 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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $-1.95 | $4.52 | x |
| 2000-12-31 | $-1.52 | $4.52 | x |
| 2001-12-31 | $-4.25 | $4.52 | x |
| 2002-12-31 | $-4.88 | $4.52 | x |
| 2003-12-31 | $-4.20 | $4.52 | x |
| 2004-12-31 | $-1.24 | $4.52 | x |
| 2005-12-31 | $-1.18 | $4.52 | x |
| 2006-12-31 | $-0.90 | $4.52 | x |
| 2007-12-31 | $-0.74 | $4.52 | x |
| 2008-12-31 | $0.83 | $4.52 | x |
| 2009-12-31 | $1.04 | $4.52 | x |
| 2010-12-31 | $1.15 | $4.52 | x |
| 2011-12-31 | $-0.07 | $4.52 | x |
| 2012-12-31 | $-0.04 | $4.52 | x |
| 2013-12-31 | $0.17 | $4.52 | x |
| 2014-12-31 | $0.34 | $4.52 | x |
| 2015-12-31 | $0.55 | $4.52 | x |
| 2016-12-31 | $0.81 | $4.52 | x |
| 2017-12-31 | $1.31 | $4.52 | x |
| 2018-12-31 | $1.28 | $4.52 | x |
| 2019-12-31 | $1.31 | $4.52 | x |
| 2020-12-31 | $1.49 | $4.52 | x |
| 2021-12-31 | $2.89 | $4.52 | x |
| 2022-12-31 | $3.10 | $4.52 | x |
| 2023-12-31 | $3.96 | $4.52 | x |
| 2024-12-31 | $4.09 | $4.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VirTra 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): 2.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.18%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.43x
- Recent ROE (2.98%) is below the historical average (20.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 0.00% | -6663.23% | 0.05x | 0.00x | $-256.34K |
| 2000 | 0.00% | -46406.34% | 0.00x | 0.00x | $-94.04K |
| 2001 | 0.00% | -119.96% | 2.56x | 0.00x | $-2.28 Million |
| 2002 | 0.00% | -118.08% | 3.46x | 0.00x | $-1.83 Million |
| 2003 | 0.00% | -161.52% | 1.43x | 0.00x | $-699.89K |
| 2004 | 0.00% | 117.91% | 0.91x | 0.00x | $1.89 Million |
| 2005 | 0.00% | -204.13% | 0.77x | 0.00x | $-1.63 Million |
| 2006 | 0.00% | -78.06% | 2.59x | 0.00x | $-1.11 Million |
| 2007 | 0.00% | -50.07% | 3.60x | 0.00x | $-725.44K |
| 2008 | 172.38% | 318.21% | 0.39x | 1.40x | $8.71 Million |
| 2009 | 19.37% | 30.68% | 0.52x | 1.22x | $684.59K |
| 2010 | 11.59% | 15.46% | 0.71x | 1.06x | $140.04K |
| 2011 | 0.00% | -8.81% | 3.46x | 0.00x | $-636.69K |
| 2012 | 0.00% | 1.28% | 4.69x | 0.00x | $146.12K |
| 2013 | 115.80% | 16.10% | 2.42x | 2.97x | $1.44 Million |
| 2014 | 46.34% | 12.79% | 2.12x | 1.71x | $989.05K |
| 2015 | 35.16% | 11.52% | 1.84x | 1.66x | $1.10 Million |
| 2016 | 31.98% | 13.10% | 1.58x | 1.55x | $1.41 Million |
| 2017 | 31.41% | 19.74% | 1.11x | 1.43x | $2.22 Million |
| 2018 | 7.72% | 4.52% | 1.19x | 1.44x | $-241.64K |
| 2019 | -0.74% | -0.40% | 1.07x | 1.71x | $-1.09 Million |
| 2020 | 12.68% | 7.75% | 0.84x | 1.95x | $312.54K |
| 2021 | 8.13% | 10.40% | 0.49x | 1.59x | $-582.78K |
| 2022 | 5.81% | 6.91% | 0.53x | 1.60x | $-1.41 Million |
| 2023 | 21.10% | 23.59% | 0.55x | 1.62x | $4.81 Million |
| 2024 | 2.98% | 5.18% | 0.40x | 1.43x | $-3.21 Million |
Industry Comparison
This section compares VirTra Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VirTra Inc (VTSI) | $46.83 Million | 0.00% | 0.41x | $49.15 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |