Vinco Ventures Inc
Vinco Ventures, Inc. develops and commercializes end-to-end consumer products in North America. It offers kitchenware, small appliances, toys, pet care, baby products, health and beauty aids, entertainment venue merchandise, and housewares to retailers, mass-market retailers, and e-commerce sites; and personal protective equipment to governmental agencies, hospitals, and distributors. The company… Read more
Vinco Ventures Inc (BBIG) - Net Assets
Latest net assets as of March 2023: $59.48 Million USD
Based on the latest financial reports, Vinco Ventures Inc (BBIG) has net assets worth $59.48 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($117.21 Million) and total liabilities ($57.73 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 | $59.48 Million |
| % of Total Assets | 50.75% |
| Annual Growth Rate | 154.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 404.28 |
Vinco Ventures Inc - Net Assets Trend (2016–2021)
This chart illustrates how Vinco Ventures Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vinco Ventures Inc (2016–2021)
The table below shows the annual net assets of Vinco Ventures Inc from 2016 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $133.69 Million | +888.61% |
| 2020-12-31 | $13.52 Million | +81.40% |
| 2019-12-31 | $7.45 Million | -53.23% |
| 2018-12-31 | $15.94 Million | +6951.93% |
| 2017-12-31 | $-232.63K | -118.41% |
| 2016-12-31 | $1.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vinco Ventures 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 143413.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $150.12K | 0.13% |
| Other Components | $850.10 Million | 749.48% |
| Total Equity | $113.42 Million | 100.00% |
Vinco Ventures Inc Competitors by Market Cap
The table below lists competitors of Vinco Ventures Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IRB InvIT Fund
NSE:IRBINVIT
|
$7.01K |
|
Games Box S.A.
WAR:GMB
|
$7.01K |
|
NETGEM (NGP.SG)
STU:NGP
|
$7.02K |
|
Altavoz Entertainment Inc
PINK:AVOZ
|
$7.02K |
|
Catalyst Crew Technologies Corp.
PINK:CBBBD
|
$7.00K |
|
GEREGU POWER PLC
XNSA:GEREGU
|
$7.00K |
|
Insuline Medical Ltd
TA:INSL
|
$6.99K |
|
MAWSON RES
MU:MXR
|
$6.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vinco Ventures Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 15,416,598 to 113,424,913, a change of 98,008,315 (635.7%).
- Net loss of 713,172,942 reduced equity.
- Dividend payments of 366,047,948 reduced retained earnings.
- Share repurchases of 1,644,000 reduced equity.
- New share issuances of 6,055,000 increased equity.
- Other comprehensive income increased equity by 5,424,475.
- Other factors increased equity by 1,167,393,730.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-713.17 Million | -628.76% |
| Dividends Paid | $366.05 Million | -322.72% |
| Share Repurchases | $1.64 Million | -1.45% |
| Share Issuances | $6.05 Million | +5.34% |
| Other Comprehensive Income | $5.42 Million | +4.78% |
| Other Changes | $1.17 Billion | +1029.22% |
| Total Change | $- | 635.73% |
Book Value vs Market Value Analysis
This analysis compares Vinco Ventures 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
- Current price-to-book ratio: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $5.78 | $0.00 | x |
| 2017-12-31 | $-0.05 | $0.00 | x |
| 2018-12-31 | $3.61 | $0.00 | x |
| 2019-12-31 | $25.80 | $0.00 | x |
| 2020-12-31 | $29.33 | $0.00 | x |
| 2021-12-31 | $35.74 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vinco Ventures 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): -628.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7283.69%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 3.57x
- Recent ROE (-628.76%) is below the historical average (-146.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 39.52% | 3.12% | 2.99x | 4.24x | $373.00K |
| 2017 | 0.00% | 10.25% | 3.68x | 0.00x | $1.56 Million |
| 2018 | -35.66% | -32.38% | 0.57x | 1.93x | $-6.84 Million |
| 2019 | -182.69% | -72.34% | 0.83x | 3.04x | $-14.98 Million |
| 2020 | -73.34% | -94.10% | 0.43x | 1.82x | $-12.85 Million |
| 2021 | -628.76% | -7283.69% | 0.02x | 3.57x | $-724.52 Million |
Industry Comparison
This section compares Vinco Ventures Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,963,022,042
- Average return on equity (ROE) among peers: -47.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vinco Ventures Inc (BBIG) | $59.48 Million | 39.52% | 0.97x | $7.00K |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |