Vizio Holding Corp
VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated entertainment solution, and data intelligence and services products through Inscape. Its SmartCast delivers content and applications through an easy-to-use interface, as we… Read more
Vizio Holding Corp (VZIO) - Net Assets
Latest net assets as of September 2024: $480.30 Million USD
Based on the latest financial reports, Vizio Holding Corp (VZIO) has net assets worth $480.30 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($988.90 Million) and total liabilities ($508.60 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 | $480.30 Million |
| % of Total Assets | 48.57% |
| Annual Growth Rate | 81.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 101.19 |
Vizio Holding Corp - Net Assets Trend (2019–2023)
This chart illustrates how Vizio Holding Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vizio Holding Corp (2019–2023)
The table below shows the annual net assets of Vizio Holding Corp from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $449.30 Million | +20.23% |
| 2022-12-31 | $373.70 Million | +13.04% |
| 2021-12-31 | $330.60 Million | +121.54% |
| 2020-12-31 | $149.23 Million | +263.24% |
| 2019-12-31 | $41.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vizio Holding Corp'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 9076200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $35.30 Million | 7.86% |
| Other Comprehensive Income | $-300.00K | -0.07% |
| Other Components | $414.30 Million | 92.21% |
| Total Equity | $449.30 Million | 100.00% |
Vizio Holding Corp Competitors by Market Cap
The table below lists competitors of Vizio Holding Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMMUNOCORE HLDGS ADS/1
F:6YG
|
$1.01 Billion |
|
Yifan Xinfu Pharmaceutical Co Ltd
SHE:002019
|
$1.01 Billion |
|
Universal Robina Corporation
PINK:UVRBF
|
$1.01 Billion |
|
Partner Communications Company Ltd.
PINK:PTNRF
|
$1.01 Billion |
|
Alliance Financial Group Bhd
KLSE:2488
|
$1.01 Billion |
|
Shenzhen United Winners Laser Co Ltd
SHG:688518
|
$1.01 Billion |
|
Shanghai Taisheng Wind Power
SHE:300129
|
$1.01 Billion |
|
Blue Moon Group Holdings Limited
PINK:BLUMY
|
$1.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vizio Holding Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 373,700,000 to 449,300,000, a change of 75,600,000 (20.2%).
- Net income of 28,200,000 contributed positively to equity growth.
- Share repurchases of 600,000 reduced equity.
- Other factors increased equity by 48,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $28.20 Million | +6.28% |
| Share Repurchases | $600.00K | -0.13% |
| Other Changes | $48.00 Million | +10.68% |
| Total Change | $- | 20.23% |
Book Value vs Market Value Analysis
This analysis compares Vizio Holding Corp'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: 5.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 50.82x to 5.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.22 | $11.35 | x |
| 2020-12-31 | $0.81 | $11.35 | x |
| 2021-12-31 | $1.88 | $11.35 | x |
| 2022-12-31 | $1.94 | $11.35 | x |
| 2023-12-31 | $2.24 | $11.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vizio Holding Corp 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): 6.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.68%
- • Asset Turnover: 1.75x
- • Equity Multiplier: 2.14x
- Recent ROE (6.28%) is below the historical average (23.83%), 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 | 56.23% | 1.26% | 2.68x | 16.66x | $18.99 Million |
| 2020 | 68.69% | 5.02% | 2.64x | 5.19x | $87.58 Million |
| 2021 | -11.92% | -1.85% | 2.27x | 2.83x | $-72.46 Million |
| 2022 | -0.11% | -0.02% | 2.03x | 2.45x | $-37.77 Million |
| 2023 | 6.28% | 1.68% | 1.75x | 2.14x | $-16.73 Million |
Industry Comparison
This section compares Vizio Holding Corp's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $9,241,081,002
- Average return on equity (ROE) among peers: -54.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vizio Holding Corp (VZIO) | $480.30 Million | 56.23% | 1.06x | $1.01 Billion |
| Apple Inc (AAPL) | $90.49 Billion | 61.06% | 2.74x | $3.73 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $-11.10 Million | 0.00% | 0.00x | $67.94 Million |
| Atomos Limited (AMOSF) | $54.24 Million | -19.11% | 1.00x | $66.13K |
| Andrea Electronic Cp (ANDR) | $2.00 Million | -35.00% | 0.25x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $504.60K | -34.24% | 1.26x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $1.74 Billion | 16.88% | 0.67x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $-699.89K | 0.00% | 0.00x | $803.14K |
| Basler Aktiengesellschaft (BSLAF) | $129.36 Million | 16.24% | 0.75x | $138.75 Million |
| Beamz Interactive (BZIC) | $508.51K | -537.01% | 0.55x | $1.00 |
| Capstone Companies Inc (CAPC) | $5.90 Million | -17.14% | 0.10x | $659.69K |