Vaporbrands Intl Inc
Innovative EV Technologies, Inc., doing business as Ecite Motors Group, engages in manufacturing of electric vehicles in the United States. The company was formerly known as VaporBrands International, Inc. and changed its name to Innovative EV Technologies, Inc. in January 2023. Innovative EV Technologies, Inc. was incorporated in 1986 and is based in Bothell, Washington.
Vaporbrands Intl Inc (VAPR) - Net Assets
Latest net assets as of March 2025: $-657.56K USD
Based on the latest financial reports, Vaporbrands Intl Inc (VAPR) has net assets worth $-657.56K USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($104.64K) and total liabilities ($762.20K). 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 | $-657.56K |
| % of Total Assets | -628.43% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 478.93 |
Vaporbrands Intl Inc - Net Assets Trend (1985–2024)
This chart illustrates how Vaporbrands Intl 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 Vaporbrands Intl Inc (1985–2024)
The table below shows the annual net assets of Vaporbrands Intl Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-517.19K | +4.20% |
| 2023-12-31 | $-539.88K | -1607.30% |
| 2022-12-31 | $35.82K | +112.06% |
| 2021-12-31 | $-297.11K | -69.95% |
| 2020-12-31 | $-174.82K | +37.32% |
| 2019-12-31 | $-278.91K | +38.31% |
| 2018-12-31 | $-452.13K | -12.90% |
| 2016-12-31 | $-400.48K | -17.38% |
| 2015-12-31 | $-341.18K | -2.87% |
| 2014-12-31 | $-331.65K | +87.85% |
| 1999-12-31 | $-2.73 Million | +65.01% |
| 1998-12-31 | $-7.80 Million | -388.89% |
| 1996-12-31 | $2.70 Million | 0.00% |
| 1995-12-31 | $2.70 Million | -25.00% |
| 1994-12-31 | $3.60 Million | +12.50% |
| 1993-12-31 | $3.20 Million | -8.57% |
| 1989-12-31 | $3.50 Million | -78.53% |
| 1988-12-31 | $16.30 Million | -26.58% |
| 1987-12-31 | $22.20 Million | +4.72% |
| 1986-12-31 | $21.20 Million | -0.47% |
| 1985-12-31 | $21.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vaporbrands Intl 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 270.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $371.99K | % |
| Other Comprehensive Income | $1.04 Million | % |
| Other Components | $7.11 Million | % |
| Total Equity | $-517.19K | 100.00% |
Vaporbrands Intl Inc Competitors by Market Cap
The table below lists competitors of Vaporbrands Intl Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bankers Investment Trust
LSE:BNKR
|
$148.50 |
|
ADDvantage Technologies Group Inc
PINK:AEYGQ
|
$148.54 |
|
One Step Vending Corp
PINK:KOSK
|
$148.56 |
|
MRC Allied Inc
PSE:MRC
|
$149.21 |
|
WAHANA OTTOMITRA
MU:WB7
|
$148.01 |
|
Physiomics Plc
LSE:PYC
|
$147.57 |
|
International Public Partnership
LSE:INPP
|
$147.35 |
|
Futuris Company
PINK:FTRS
|
$147.15 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vaporbrands Intl Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -539,885 to -517,193, a change of 22,692.
- Net loss of 793,673 reduced equity.
- Other comprehensive income increased equity by 750,526.
- Other factors increased equity by 65,839.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-793.67K | -153.46% |
| Other Comprehensive Income | $750.53K | +145.12% |
| Other Changes | $65.84K | +12.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Vaporbrands Intl 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $2738.49 | $0.01 | x |
| 1986-12-31 | $2891.04 | $0.01 | x |
| 1987-12-31 | $2220.00 | $0.01 | x |
| 1988-12-31 | $2109.49 | $0.01 | x |
| 1989-12-31 | $452.31 | $0.01 | x |
| 1993-12-31 | $248.43 | $0.01 | x |
| 1994-12-31 | $125.58 | $0.01 | x |
| 1995-12-31 | $94.18 | $0.01 | x |
| 1996-12-31 | $94.18 | $0.01 | x |
| 1998-12-31 | $-175.47 | $0.01 | x |
| 1999-12-31 | $-79.14 | $0.01 | x |
| 2015-12-31 | $0.00 | $0.01 | x |
| 2016-12-31 | $-0.01 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.00 | $0.01 | x |
| 2021-12-31 | $0.00 | $0.01 | x |
| 2022-12-31 | $0.00 | $0.01 | x |
| 2023-12-31 | $0.00 | $0.01 | x |
| 2024-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vaporbrands Intl 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-160.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -6.57% | -2.54% | 1.37x | 1.89x | $-3.53 Million |
| 1986 | -5.19% | -1.91% | 1.52x | 1.79x | $-3.22 Million |
| 1987 | -0.45% | -0.17% | 1.70x | 1.56x | $-2.32 Million |
| 1988 | -41.72% | -16.55% | 1.43x | 1.77x | $-8.43 Million |
| 1989 | -371.43% | -32.02% | 1.97x | 5.89x | $-13.35 Million |
| 1993 | -178.13% | -356.25% | 0.37x | 1.34x | $-6.02 Million |
| 1994 | -319.44% | -1277.78% | 0.12x | 2.03x | $-11.86 Million |
| 1995 | -333.33% | -195.65% | 0.52x | 3.26x | $-9.27 Million |
| 1996 | -355.56% | -300.00% | 0.44x | 2.70x | $-9.87 Million |
| 1998 | 0.00% | -28.90% | 2.22x | 0.00x | $-4.22 Million |
| 1999 | 0.00% | 8.07% | 1.71x | 0.00x | $1.45 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-98.79K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.80K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.04K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.91K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-108.35K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $120.31K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-171.95K |
| 2021 | 0.00% | -477127.50% | 0.00x | 0.00x | $-161.14K |
| 2022 | -1920.00% | -1238.93% | 0.02x | 69.43x | $-691.29K |
| 2023 | 0.00% | -1171.26% | 0.04x | 0.00x | $-961.80K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-741.95K |
Industry Comparison
This section compares Vaporbrands Intl Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vaporbrands Intl Inc (VAPR) | $-657.56K | -6.57% | N/A | $148.27 |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |