Online Vacation Center Holdings Corp
Online Vacation Center Holdings Corp., through its subsidiaries, provides vacation travel and marketing services in the United States. The company offers vacation services for affluent retiree markets. It also involved in developing and selling river, ocean, and land vacation packages; publishes three travel newsletters under the Top Travel Deals, Spotlight, and TravelFlash brands; selling online… Read more
Online Vacation Center Holdings Corp (ONVC) - Net Assets
Latest net assets as of June 2024: $2.66 Million USD
Based on the latest financial reports, Online Vacation Center Holdings Corp (ONVC) has net assets worth $2.66 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.31 Million) and total liabilities ($9.64 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 | $2.66 Million |
| % of Total Assets | 21.64% |
| Annual Growth Rate | 18.42% |
| 5-Year Change | -47.31% |
| 10-Year Change | -29.25% |
| Growth Volatility | 230.61 |
Online Vacation Center Holdings Corp - Net Assets Trend (2000–2023)
This chart illustrates how Online Vacation Center Holdings 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 Online Vacation Center Holdings Corp (2000–2023)
The table below shows the annual net assets of Online Vacation Center Holdings Corp from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.66 Million | +8.36% |
| 2022-12-31 | $2.45 Million | +45.04% |
| 2021-12-31 | $1.69 Million | +131.29% |
| 2020-12-31 | $730.90K | -85.51% |
| 2019-12-31 | $5.04 Million | +82.26% |
| 2018-12-31 | $2.77 Million | -36.25% |
| 2017-12-31 | $4.34 Million | +1.48% |
| 2016-12-31 | $4.28 Million | +13.29% |
| 2015-12-31 | $3.77 Million | +0.52% |
| 2014-12-31 | $3.76 Million | +22.45% |
| 2013-12-31 | $3.07 Million | +13.42% |
| 2009-12-31 | $2.70 Million | -21.94% |
| 2008-12-31 | $3.46 Million | -18.11% |
| 2007-12-31 | $4.23 Million | +13.00% |
| 2006-12-31 | $3.74 Million | +1057.95% |
| 2005-12-31 | $323.27K | +6.19% |
| 2004-12-31 | $304.43K | +31.93% |
| 2003-12-31 | $230.74K | +69.49% |
| 2002-12-31 | $136.14K | +73.36% |
| 2001-12-31 | $78.53K | +44.20% |
| 2000-12-31 | $54.46K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Online Vacation Center Holdings 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 306160500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.66 Million | 99.97% |
| Common Stock | $759.00 | 0.03% |
| Total Equity | $2.66 Million | 100.00% |
Online Vacation Center Holdings Corp Competitors by Market Cap
The table below lists competitors of Online Vacation Center Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
India Grid Trust
NSE:INDIGRID-IV
|
$17.36K |
|
Streamex Corp
NASDAQ:STEX
|
$17.38K |
|
Millat Tractors Ltd
KAR:MTL
|
$17.38K |
|
PICC PROPERTY -H-
MU:PJC
|
$17.45K |
|
Arbuthnot Banking Group Plc
LSE:ARBB
|
$17.28K |
|
Foremost Clean Energy Ltd.
F:F0R
|
$17.27K |
|
Doric Nimrod Air Three Ltd
LSE:DNA3
|
$17.27K |
|
AVG Logistics Limited
NSE:AVG
|
$17.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Online Vacation Center Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,451,829 to 2,656,779, a change of 204,950 (8.4%).
- Net income of 204,950 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $204.95K | +7.71% |
| Total Change | $- | 8.36% |
Book Value vs Market Value Analysis
This analysis compares Online Vacation Center Holdings 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: 5.17x
- 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 149.05x to 5.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.01 | $1.81 | x |
| 2001-12-31 | $0.02 | $1.81 | x |
| 2002-12-31 | $0.03 | $1.81 | x |
| 2003-12-31 | $0.05 | $1.81 | x |
| 2004-12-31 | $0.07 | $1.81 | x |
| 2005-12-31 | $0.02 | $1.81 | x |
| 2006-12-31 | $0.21 | $1.81 | x |
| 2007-12-31 | $0.22 | $1.81 | x |
| 2008-12-31 | $0.20 | $1.81 | x |
| 2009-12-31 | $0.17 | $1.81 | x |
| 2013-12-31 | $0.25 | $1.81 | x |
| 2014-12-31 | $0.31 | $1.81 | x |
| 2015-12-31 | $0.33 | $1.81 | x |
| 2016-12-31 | $0.38 | $1.81 | x |
| 2017-12-31 | $0.39 | $1.81 | x |
| 2018-12-31 | $0.26 | $1.81 | x |
| 2019-12-31 | $0.58 | $1.81 | x |
| 2020-12-31 | $0.10 | $1.81 | x |
| 2021-12-31 | $0.22 | $1.81 | x |
| 2022-12-31 | $0.32 | $1.81 | x |
| 2023-12-31 | $0.35 | $1.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Online Vacation Center Holdings 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.08%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 4.65x
- Recent ROE (7.71%) is above the historical average (-4.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -325.75% | -32.77% | 3.24x | 3.07x | $-182.85K |
| 2001 | 30.65% | 2.69% | 4.85x | 2.35x | $16.22K |
| 2002 | 27.99% | 2.35% | 3.33x | 3.57x | $24.50K |
| 2003 | 41.00% | 3.95% | 3.66x | 2.84x | $71.53K |
| 2004 | 24.20% | 3.08% | 4.42x | 1.78x | $43.24K |
| 2005 | 5.83% | 0.73% | 4.11x | 1.95x | $-13.48K |
| 2006 | 6.35% | 3.06% | 0.99x | 2.10x | $-136.48K |
| 2007 | -1.01% | -0.46% | 1.03x | 2.14x | $-465.62K |
| 2008 | 14.29% | 5.05% | 1.44x | 1.97x | $148.52K |
| 2009 | 12.19% | 3.44% | 1.47x | 2.41x | $59.34K |
| 2013 | 19.28% | 4.69% | 1.03x | 3.98x | $284.51K |
| 2014 | 27.63% | 7.36% | 1.08x | 3.49x | $662.19K |
| 2015 | 16.53% | 4.38% | 1.05x | 3.61x | $246.61K |
| 2016 | 22.25% | 5.92% | 1.05x | 3.60x | $523.90K |
| 2017 | 10.84% | 2.87% | 1.11x | 3.41x | $36.59K |
| 2018 | 45.70% | 6.93% | 1.40x | 4.72x | $987.62K |
| 2019 | 58.12% | 14.01% | 1.36x | 3.05x | $2.43 Million |
| 2020 | -227.35% | -18.27% | 0.80x | 15.54x | $-1.73 Million |
| 2021 | 56.76% | 12.92% | 0.56x | 7.88x | $790.56K |
| 2022 | 31.05% | 4.18% | 1.39x | 5.34x | $516.14K |
| 2023 | 7.71% | 1.08% | 1.54x | 4.65x | $-60.73K |
Industry Comparison
This section compares Online Vacation Center Holdings Corp's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,526,974,464
- Average return on equity (ROE) among peers: -30.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Online Vacation Center Holdings Corp (ONVC) | $2.66 Million | -325.75% | 3.62x | $17.34K |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Booking Holdings Inc (BKNG) | $402.60 Million | -262.07% | 0.10x | $140.30 Billion |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |