VirnetX Holding Corp Common Stock
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offer… Read more
VirnetX Holding Corp Common Stock (VHC) - Net Assets
Latest net assets as of June 2025: $33.17 Million USD
Based on the latest financial reports, VirnetX Holding Corp Common Stock (VHC) has net assets worth $33.17 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 ($41.82 Million) and total liabilities ($8.65 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 | $33.17 Million |
| % of Total Assets | 79.32% |
| Annual Growth Rate | 22.56% |
| 5-Year Change | -82.35% |
| 10-Year Change | 162.49% |
| Growth Volatility | 1514.7 |
VirnetX Holding Corp Common Stock - Net Assets Trend (1998–2024)
This chart illustrates how VirnetX Holding Corp Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VirnetX Holding Corp Common Stock (1998–2024)
The table below shows the annual net assets of VirnetX Holding Corp Common Stock from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $39.62 Million | -29.26% |
| 2023-12-31 | $56.01 Million | -63.21% |
| 2022-12-31 | $152.24 Million | -19.35% |
| 2021-12-31 | $188.78 Million | -15.89% |
| 2020-12-31 | $224.44 Million | +3887.86% |
| 2019-12-31 | $5.63 Million | -43.08% |
| 2018-12-31 | $9.89 Million | +536.70% |
| 2017-12-31 | $1.55 Million | -86.07% |
| 2016-12-31 | $11.15 Million | -26.15% |
| 2015-12-31 | $15.10 Million | -53.73% |
| 2014-12-31 | $32.63 Million | -4.11% |
| 2013-12-31 | $34.02 Million | -36.93% |
| 2012-12-31 | $53.94 Million | -20.99% |
| 2011-12-31 | $68.28 Million | +14.84% |
| 2010-12-31 | $59.45 Million | +2580.60% |
| 2009-12-31 | $-2.40 Million | -167.98% |
| 2008-12-31 | $-894.35K | -110.53% |
| 2007-12-31 | $8.50 Million | +3049.57% |
| 2006-12-31 | $269.73K | +23.53% |
| 2005-12-31 | $218.35K | +68.08% |
| 2004-12-31 | $129.91K | +79.63% |
| 2003-12-31 | $72.32K | +6096.92% |
| 2002-12-31 | $1.17K | -97.69% |
| 2001-12-31 | $50.59K | +1340.49% |
| 2000-12-31 | $3.51K | -99.87% |
| 1999-12-31 | $2.63 Million | +1213.50% |
| 1998-12-31 | $200.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to VirnetX Holding Corp Common Stock'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 20467000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $420.00 | 0.00% |
| Other Components | $244.29 Million | 616.54% |
| Total Equity | $39.62 Million | 100.00% |
VirnetX Holding Corp Common Stock Competitors by Market Cap
The table below lists competitors of VirnetX Holding Corp Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marco Polo Marine Ltd.
PINK:MRPMF
|
$67.88 Million |
|
AVATION PLC LS-01
F:9K0
|
$67.88 Million |
|
Audio Pixels Holdings Limited
OTCGREY:ADPXF
|
$67.94 Million |
|
NI Holdings Inc
NASDAQ:NODK
|
$67.95 Million |
|
NET Power Inc.
NYSE:NPWR
|
$67.86 Million |
|
Renergen Limited
PINK:RGNTF
|
$67.86 Million |
|
IMMUNOPRECISE ANTIBOD.
F:TQB
|
$67.83 Million |
|
Nalwa Sons Investments Limited
NSE:NSIL
|
$67.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VirnetX Holding Corp Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,013,000 to 39,623,000, a change of -16,390,000 (-29.3%).
- Net loss of 18,175,000 reduced equity.
- Share repurchases of 129,000 reduced equity.
- Other comprehensive income increased equity by 12,000.
- Other factors increased equity by 1,902,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.18 Million | -45.87% |
| Share Repurchases | $129.00K | -0.33% |
| Other Comprehensive Income | $12.00K | +0.03% |
| Other Changes | $1.90 Million | +4.8% |
| Total Change | $- | -29.26% |
Book Value vs Market Value Analysis
This analysis compares VirnetX Holding Corp Common Stock'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: 1.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 110.45x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.17 | $18.56 | x |
| 1999-12-31 | $2.00 | $18.56 | x |
| 2000-12-31 | $0.00 | $18.56 | x |
| 2001-12-31 | $0.03 | $18.56 | x |
| 2002-12-31 | $0.00 | $18.56 | x |
| 2003-12-31 | $0.04 | $18.56 | x |
| 2004-12-31 | $0.08 | $18.56 | x |
| 2005-12-31 | $0.13 | $18.56 | x |
| 2006-12-31 | $0.02 | $18.56 | x |
| 2007-12-31 | $0.24 | $18.56 | x |
| 2008-12-31 | $-0.03 | $18.56 | x |
| 2009-12-31 | $-0.06 | $18.56 | x |
| 2010-12-31 | $1.21 | $18.56 | x |
| 2011-12-31 | $1.36 | $18.56 | x |
| 2012-12-31 | $21.18 | $18.56 | x |
| 2013-12-31 | $13.29 | $18.56 | x |
| 2014-12-31 | $12.65 | $18.56 | x |
| 2015-12-31 | $5.76 | $18.56 | x |
| 2016-12-31 | $3.98 | $18.56 | x |
| 2017-12-31 | $0.53 | $18.56 | x |
| 2018-12-31 | $3.14 | $18.56 | x |
| 2019-12-31 | $1.64 | $18.56 | x |
| 2020-12-31 | $62.68 | $18.56 | x |
| 2021-12-31 | $53.06 | $18.56 | x |
| 2022-12-31 | $42.71 | $18.56 | x |
| 2023-12-31 | $15.65 | $18.56 | x |
| 2024-12-31 | $11.02 | $18.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VirnetX Holding Corp Common Stock 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): -45.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -363500.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.25x
- Recent ROE (-45.87%) is above the historical average (-3062.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -250.00% | -20.00% | 4.17x | 3.00x | $-520.00K |
| 1999 | -93.80% | -109.88% | 0.71x | 1.21x | $-2.73 Million |
| 2000 | -74404.93% | -332.81% | 1.19x | 188.12x | $-2.61 Million |
| 2001 | -2583.42% | -219.53% | 2.87x | 4.10x | $-1.31 Million |
| 2002 | -3178.49% | -8.97% | 2.91x | 121.77x | $-37.21K |
| 2003 | 96.84% | 31.92% | 1.02x | 2.98x | $62.80K |
| 2004 | 50.13% | 32.64% | 0.90x | 1.71x | $52.13K |
| 2005 | 55.20% | 56.58% | 0.73x | 1.33x | $98.69K |
| 2006 | 22.40% | 31.59% | 0.59x | 1.19x | $33.44K |
| 2007 | -102.32% | -11610.30% | 0.01x | 1.09x | $-9.54 Million |
| 2008 | 0.00% | -9026.33% | 0.14x | 0.00x | $-11.98 Million |
| 2009 | 0.00% | -49732.95% | 0.01x | 0.00x | $-12.84 Million |
| 2010 | 69.66% | 60741.94% | 0.00x | 1.37x | $35.47 Million |
| 2011 | -25.28% | -86315.00% | 0.00x | 1.09x | $-24.09 Million |
| 2012 | -49.91% | -6534.95% | 0.01x | 1.14x | $-32.32 Million |
| 2013 | -81.14% | -1256.62% | 0.06x | 1.16x | $-31.01 Million |
| 2014 | -30.35% | -792.79% | 0.03x | 1.38x | $-13.16 Million |
| 2015 | -193.67% | -1880.00% | 0.07x | 1.47x | $-30.74 Million |
| 2016 | -256.29% | -1843.16% | 0.08x | 1.69x | $-29.68 Million |
| 2017 | -1112.56% | -1116.87% | 0.22x | 4.62x | $-17.43 Million |
| 2018 | -256.94% | -40326.98% | 0.01x | 1.19x | $-26.39 Million |
| 2019 | -340.80% | -22564.71% | 0.01x | 1.33x | $-19.74 Million |
| 2020 | 124.95% | 92.66% | 1.29x | 1.05x | $257.99 Million |
| 2021 | -22.74% | -122631.43% | 0.00x | 1.01x | $-61.80 Million |
| 2022 | -23.82% | -75541.67% | 0.00x | 1.00x | $-51.48 Million |
| 2023 | -49.76% | -398157.14% | 0.00x | 1.08x | $-33.47 Million |
| 2024 | -45.87% | -363500.00% | 0.00x | 1.25x | $-22.14 Million |
Industry Comparison
This section compares VirnetX Holding Corp Common Stock's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VirnetX Holding Corp Common Stock (VHC) | $33.17 Million | -250.00% | 0.26x | $67.88 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |