Virtual Medical International Inc
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Virtual Medical International Inc (QEBR) - Net Assets
Latest net assets as of September 2021: $15.00K USD
Based on the latest financial reports, Virtual Medical International Inc (QEBR) has net assets worth $15.00K USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($192.00K) and total liabilities ($177.00K). 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 | $15.00K |
| % of Total Assets | 7.81% |
| Annual Growth Rate | 46.41% |
| 5-Year Change | 11676.56% |
| 10-Year Change | N/A |
| Growth Volatility | 998.88 |
Virtual Medical International Inc - Net Assets Trend (2008–2019)
This chart illustrates how Virtual Medical International 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 Virtual Medical International Inc (2008–2019)
The table below shows the annual net assets of Virtual Medical International Inc from 2008 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | $5.67 Million | +5.89% |
| 2018-12-31 | $5.35 Million | +47195.97% |
| 2011-12-31 | $-11.36K | -101.00% |
| 2010-12-31 | $1.13 Million | +2258.86% |
| 2009-12-31 | $48.11K | -43.78% |
| 2008-12-31 | $85.57K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Virtual Medical International 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 9996258100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.47K | 0.04% |
| Other Comprehensive Income | $-659.00 | -0.01% |
| Other Components | $110.71 Million | 1034.65% |
| Total Equity | $10.70 Million | 100.00% |
Virtual Medical International Inc Competitors by Market Cap
The table below lists competitors of Virtual Medical International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MNP Petroleum Corp
PINK:MNAP
|
$0.93 |
|
WQN Inc
PINK:WQNI
|
$0.93 |
|
GuestLogix Inc
PINK:GUESF
|
$0.93 |
|
MPM Technologies Inc
PINK:MPML
|
$0.93 |
|
Attune RTD Inc
PINK:AURT
|
$0.93 |
|
Accelerated Technologies Holding Corp
PINK:ATHC
|
$0.93 |
|
Renewal Fuels Inc
PINK:RNWF
|
$0.93 |
|
Imagination TV Inc
PINK:IMTV
|
$0.93 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Virtual Medical International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 5,350,573 to 10,700,071, a change of 5,349,498 (100.0%).
- Net loss of 16,566,803 reduced equity.
- Other comprehensive income increased equity by 3,547.
- Other factors increased equity by 21,912,754.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.57 Million | -154.83% |
| Other Comprehensive Income | $3.55K | +0.03% |
| Other Changes | $21.91 Million | +204.79% |
| Total Change | $- | 99.98% |
Book Value vs Market Value Analysis
This analysis compares Virtual Medical International 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.01 | $0.00 | x |
| 2019-12-31 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Virtual Medical International 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): -154.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23856.69%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.55x
- Recent ROE (-154.83%) is above the historical average (-786.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -19.18% | 0.00% | 0.00x | 1.01x | $-24.97K |
| 2009 | -77.86% | 0.00% | 0.00x | 1.00x | $-42.27K |
| 2010 | -6827.24% | 0.00% | 0.00x | 1.04x | $-77.56 Million |
| 2011 | 0.00% | -7271.55% | 0.51x | 0.00x | $-5.06 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.37K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.81K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-13.69K |
| 2018 | -2.33% | 0.00% | 0.00x | 1.00x | $-659.73K |
| 2019 | -154.83% | -23856.69% | 0.01x | 0.55x | $-17.64 Million |
Industry Comparison
This section compares Virtual Medical International Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Virtual Medical International Inc (QEBR) | $15.00K | -19.18% | 11.80x | $0.93 |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |