Vaso Corp
Vaso Corporation, together with its subsidiaries, operates in the healthcare equipment and information technology industries in the United States and internationally. It operates in three segments: IT, Professional Sales Service, and Equipment. The IT segment primarily focuses on healthcare IT and managed network technology services. This segment offers managed healthcare software solutions, incl… Read more
Vaso Corp (VASO) - Net Assets
Latest net assets as of September 2025: $28.24 Million USD
Based on the latest financial reports, Vaso Corp (VASO) has net assets worth $28.24 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 ($84.47 Million) and total liabilities ($56.24 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 | $28.24 Million |
| % of Total Assets | 33.43% |
| Annual Growth Rate | 10.66% |
| 5-Year Change | 444.78% |
| 10-Year Change | 135.94% |
| Growth Volatility | 125.41 |
Vaso Corp - Net Assets Trend (1989–2024)
This chart illustrates how Vaso 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 Vaso Corp (1989–2024)
The table below shows the annual net assets of Vaso Corp from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $27.70 Million | +3.20% |
| 2023-12-31 | $26.84 Million | +17.35% |
| 2022-12-31 | $22.88 Million | +102.25% |
| 2021-12-31 | $11.31 Million | +122.42% |
| 2020-12-31 | $5.08 Million | -12.16% |
| 2019-12-31 | $5.79 Million | +3.17% |
| 2018-12-31 | $5.61 Million | -38.69% |
| 2017-12-31 | $9.15 Million | -29.11% |
| 2016-12-31 | $12.91 Million | +9.97% |
| 2015-12-31 | $11.74 Million | +51.48% |
| 2014-12-31 | $7.75 Million | +19.89% |
| 2013-12-31 | $6.46 Million | -28.25% |
| 2012-12-31 | $9.01 Million | +209.86% |
| 2011-12-31 | $2.91 Million | +572.23% |
| 2010-12-31 | $432.56K | -72.29% |
| 2009-12-31 | $1.56 Million | -45.54% |
| 2008-12-31 | $2.87 Million | +77.77% |
| 2007-12-31 | $1.61 Million | -49.07% |
| 2006-12-31 | $3.17 Million | -83.48% |
| 2005-12-31 | $19.16 Million | -22.08% |
| 2004-12-31 | $24.59 Million | -9.98% |
| 2003-12-31 | $27.32 Million | -13.55% |
| 2002-12-31 | $31.60 Million | +10.85% |
| 2001-12-31 | $28.51 Million | +258.88% |
| 2000-12-31 | $7.94 Million | +148.24% |
| 1999-12-31 | $3.20 Million | -44.83% |
| 1998-12-31 | $5.80 Million | +93.33% |
| 1997-12-31 | $3.00 Million | -3.23% |
| 1995-12-31 | $3.10 Million | +34.78% |
| 1994-12-31 | $2.30 Million | +53.33% |
| 1993-12-31 | $1.50 Million | -69.39% |
| 1992-12-31 | $4.90 Million | +145.00% |
| 1991-12-31 | $2.00 Million | +233.33% |
| 1990-12-31 | $600.00K | -25.00% |
| 1989-12-31 | $800.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vaso 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 decreased by 3248100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $61.78 Million | 223.03% |
| Total Equity | $27.70 Million | 100.00% |
Vaso Corp Competitors by Market Cap
The table below lists competitors of Vaso Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VIVOPOWER INTL. DL -012
F:51J
|
$12.84 Million |
|
Quest Resource Holding Corp
NASDAQ:QRHC
|
$12.85 Million |
|
Indo Rama Synthetics (India) Limited
NSE:INDORAMA
|
$12.85 Million |
|
Schweizer Electronic AG
F:SCE
|
$12.85 Million |
|
VIRINCHI ORD (BSE)
NSE:VIRINCHI
|
$12.84 Million |
|
CREIGHTONS LS-20
F:5K8
|
$12.84 Million |
|
Das Technology Co. Ltd.
TWO:6648
|
$12.83 Million |
|
Steakholder Foods Ltd
NASDAQ:STKH
|
$12.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vaso Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,843,000 to 27,702,000, a change of 859,000 (3.2%).
- Net income of 951,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $951.00K | +3.43% |
| Other Changes | $-92.00K | -0.33% |
| Total Change | $- | 3.20% |
Book Value vs Market Value Analysis
This analysis compares Vaso 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: 0.82x
- 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.
- The price-to-book ratio has decreased from 1.62x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $0.08 | $0.13 | x |
| 1990-12-31 | $0.06 | $0.13 | x |
| 1991-12-31 | $0.09 | $0.13 | x |
| 1992-12-31 | $0.20 | $0.13 | x |
| 1993-12-31 | $0.06 | $0.13 | x |
| 1994-12-31 | $0.07 | $0.13 | x |
| 1995-12-31 | $0.08 | $0.13 | x |
| 1997-12-31 | $0.06 | $0.13 | x |
| 1998-12-31 | $0.12 | $0.13 | x |
| 1999-12-31 | $0.06 | $0.13 | x |
| 2000-12-31 | $0.14 | $0.13 | x |
| 2001-12-31 | $0.48 | $0.13 | x |
| 2002-12-31 | $0.53 | $0.13 | x |
| 2003-12-31 | $0.47 | $0.13 | x |
| 2004-12-31 | $0.42 | $0.13 | x |
| 2005-12-31 | $0.33 | $0.13 | x |
| 2006-12-31 | $0.05 | $0.13 | x |
| 2007-12-31 | $0.02 | $0.13 | x |
| 2008-12-31 | $0.03 | $0.13 | x |
| 2009-12-31 | $0.02 | $0.13 | x |
| 2010-12-31 | $0.00 | $0.13 | x |
| 2011-12-31 | $0.03 | $0.13 | x |
| 2012-12-31 | $0.06 | $0.13 | x |
| 2013-12-31 | $0.04 | $0.13 | x |
| 2014-12-31 | $0.05 | $0.13 | x |
| 2015-12-31 | $0.07 | $0.13 | x |
| 2016-12-31 | $0.08 | $0.13 | x |
| 2017-12-31 | $0.06 | $0.13 | x |
| 2018-12-31 | $0.03 | $0.13 | x |
| 2019-12-31 | $0.03 | $0.13 | x |
| 2020-12-31 | $0.03 | $0.13 | x |
| 2021-12-31 | $0.07 | $0.13 | x |
| 2022-12-31 | $0.13 | $0.13 | x |
| 2023-12-31 | $0.15 | $0.13 | x |
| 2024-12-31 | $0.16 | $0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vaso 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): 3.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.10%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.99x
- Recent ROE (3.43%) is above the historical average (-74.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -100.00% | -800.00% | 0.11x | 1.13x | $-880.00K |
| 1990 | -116.67% | -700.00% | 0.07x | 2.33x | $-760.00K |
| 1991 | -341.67% | -4100.00% | 0.05x | 1.75x | $-4.22 Million |
| 1992 | -104.76% | -440.00% | 0.11x | 2.21x | $-4.82 Million |
| 1993 | -320.00% | -342.86% | 0.67x | 1.40x | $-4.95 Million |
| 1994 | -134.78% | -3100.00% | 0.04x | 1.22x | $-3.33 Million |
| 1995 | -83.87% | -96.30% | 0.33x | 2.65x | $-2.91 Million |
| 1997 | -150.00% | -214.29% | 0.50x | 1.40x | $-4.80 Million |
| 1998 | -65.52% | -73.08% | 0.71x | 1.26x | $-4.38 Million |
| 1999 | -87.50% | -46.67% | 1.15x | 1.63x | $-3.12 Million |
| 2000 | 21.29% | 12.37% | 1.29x | 1.33x | $896.54K |
| 2001 | 41.02% | 42.51% | 0.75x | 1.28x | $8.84 Million |
| 2002 | 8.82% | 8.00% | 0.84x | 1.31x | $-374.15K |
| 2003 | -17.54% | -19.30% | 0.70x | 1.29x | $-7.52 Million |
| 2004 | -13.92% | -15.41% | 0.67x | 1.34x | $-5.88 Million |
| 2005 | -29.03% | -36.84% | 0.60x | 1.32x | $-7.48 Million |
| 2006 | -337.99% | -97.79% | 1.38x | 2.50x | $-11.02 Million |
| 2007 | -97.42% | -24.73% | 1.20x | 3.28x | $-1.73 Million |
| 2008 | -23.62% | -13.06% | 0.90x | 2.01x | $-963.63K |
| 2009 | -97.66% | -34.10% | 1.13x | 2.54x | $-1.68 Million |
| 2010 | -437.42% | -44.99% | 1.09x | 8.93x | $-1.94 Million |
| 2011 | -133.80% | -23.76% | 0.88x | 6.38x | $-4.18 Million |
| 2012 | -37.52% | -11.56% | 0.90x | 3.59x | $-4.28 Million |
| 2013 | -17.71% | -3.48% | 0.98x | 5.18x | $-1.79 Million |
| 2014 | 14.55% | 3.23% | 0.85x | 5.29x | $352.90K |
| 2015 | 32.56% | 6.70% | 1.13x | 4.29x | $2.65 Million |
| 2016 | 6.35% | 1.13% | 1.27x | 4.44x | $-471.10K |
| 2017 | -49.60% | -6.24% | 1.28x | 6.20x | $-5.45 Million |
| 2018 | -66.55% | -5.05% | 1.47x | 9.00x | $-4.30 Million |
| 2019 | 0.67% | 0.05% | 1.39x | 9.39x | $-539.90K |
| 2020 | 7.04% | 0.51% | 1.39x | 9.91x | $-150.50K |
| 2021 | 53.93% | 8.07% | 1.44x | 4.63x | $4.97 Million |
| 2022 | 51.90% | 14.84% | 1.10x | 3.18x | $9.59 Million |
| 2023 | 17.90% | 5.93% | 1.07x | 2.82x | $2.12 Million |
| 2024 | 3.43% | 1.10% | 1.05x | 2.99x | $-1.82 Million |
Industry Comparison
This section compares Vaso Corp's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vaso Corp (VASO) | $28.24 Million | -100.00% | 1.99x | $12.84 Million |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |