Zoomcar Holdings Inc. (ZCAR) - Net Assets
Based on the latest financial reports, Zoomcar Holdings Inc. (ZCAR) has net assets worth $-38.42 Billion USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.55 Billion) and total liabilities ($47.97 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 ZCAR cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-38.42 Billion |
| % of Total Assets | -402.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Zoomcar Holdings Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Zoomcar Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore ZCAR total assets for the complete picture of this company's asset base.
Annual Net Assets for Zoomcar Holdings Inc. (2021–2024)
The table below shows the annual net assets of Zoomcar Holdings Inc. from 2021 to 2024. For live valuation and market cap data, see Zoomcar Holdings Inc. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-33.69 Million | +84.75% |
| 2023-06-30 | $-220.92 Million | -35.07% |
| 2022-06-30 | $-163.55 Million | -15.08% |
| 2021-06-30 | $-142.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zoomcar Holdings 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 13062644900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.32K | % |
| Other Comprehensive Income | $1.80 Million | % |
| Other Components | $272.06 Million | % |
| Total Equity | $-33.69 Million | 100.00% |
Zoomcar Holdings Inc. Competitors by Market Cap
The table below lists competitors of Zoomcar Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adeunis
PA:ALARF
|
$2.60 Million |
|
Awilco Drilling PLC
OL:AWDR
|
$2.60 Million |
|
Redstone Resources Ltd
AU:RDS
|
$2.61 Million |
|
Flexituff Ventures International Limited
NSE:FLEXITUFF
|
$2.61 Million |
|
Andrews Sykes Group plc
LSE:ASY
|
$2.60 Million |
|
NEXTLEAF SOLUTIONS
F:L0MA
|
$2.60 Million |
|
ROUTE1 INC.
F:3R6N
|
$2.60 Million |
|
CAB Payments Holdings Ltd
LSE:CABP
|
$2.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zoomcar Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -246,031,716 to -33,692,188, a change of 212,339,528.
- Net loss of 34,277,251 reduced equity.
- Other comprehensive income decreased equity by 32,007.
- Other factors increased equity by 246,648,786.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-34.28 Million | -101.74% |
| Other Comprehensive Income | $-32.01K | -0.09% |
| Other Changes | $246.65 Million | +732.07% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Zoomcar Holdings 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 |
|---|---|---|---|
| 2021-06-30 | $-3.90 | $4.95 | x |
| 2022-06-30 | $-11.20 | $4.95 | x |
| 2023-06-30 | $-14.56 | $4.95 | x |
| 2024-06-30 | $-201.42 | $4.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zoomcar Holdings 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: -346.33%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -270.52% | 0.20x | 0.00x | $-10.95 Million |
| 2022 | 0.00% | -242.60% | 0.30x | 0.00x | $-12.18 Million |
| 2023 | 0.00% | -702.82% | 0.54x | 0.00x | $-37.43 Million |
| 2024 | 0.00% | -346.33% | 1.08x | 0.00x | $-30.91 Million |
Industry Comparison
This section compares Zoomcar Holdings Inc.'s net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $615,011,443
- Average return on equity (ROE) among peers: -50.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zoomcar Holdings Inc. (ZCAR) | $-38.42 Billion | 0.00% | N/A | $2.60 Million |
| AerCap Holdings NV (AER) | $782.94 Million | 13.92% | 4.00x | $22.94 Billion |
| Senmiao Technology Ltd (AIHS) | $1.47 Million | -589.08% | 9.62x | $5.47 Million |
| Air Lease Corporation (AL) | $2.52 Billion | 7.55% | 2.70x | $7.24 Billion |
| Alta Equipment Group Inc (ALTG) | $149.70 Million | 5.95% | 9.49x | $214.04 Million |
| TOUAX (ALTOU) | $120.80 Million | 4.85% | 2.92x | $28.40 Million |
| Avis Budget Group Inc (CAR) | $34.90 Million | 8.02% | 1.28x | $6.55 Billion |
| Custom Truck One Source Inc (CTOS) | $-12.13 Million | 0.00% | 0.00x | $1.45 Billion |
| FlexShopper Inc (FPAY) | $398.07K | 35.64% | 0.39x | $2.46K |
| FTAI Aviation Ltd. (FTAI) | $713.50 Million | 1.09% | 0.97x | $24.61 Billion |
| GATX Corporation (GATX) | $1.84 Billion | 11.51% | 3.62x | $6.84 Billion |
About Zoomcar Holdings Inc.
Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. The company connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. Its platform offers vehicle searching and discovery, host and guest chat, vehicle and driver tracking, and ratings services. In addition, the company provide… Read more