Vartech Systems Inc
VarTech Systems Inc. manufactures and sells LCD flat panel displays, industrial monitors, computers, workstations, and HMI panel mount computer solutions. Its products include touch screens, industrial monitors and computers, industrial panels and enclosures, public access kiosks, mobile computers, small form factor IPCs, systems for mission critical applications, sunlight readable display monito… Read more
Vartech Systems Inc (VRTK) - Net Assets
Latest net assets as of October 2003: $1.06 Million USD
Based on the latest financial reports, Vartech Systems Inc (VRTK) has net assets worth $1.06 Million USD as of October 2003.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.74 Million) and total liabilities ($683.11K). 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 | $1.06 Million |
| % of Total Assets | 60.71% |
| Annual Growth Rate | 30.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.76 |
Vartech Systems Inc - Net Assets Trend (2000–2003)
This chart illustrates how Vartech Systems 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 Vartech Systems Inc (2000–2003)
The table below shows the annual net assets of Vartech Systems Inc from 2000 to 2003.
| Year | Net Assets | Change |
|---|---|---|
| 2003-07-31 | $1.15 Million | +40.37% |
| 2002-07-31 | $816.28K | +25.19% |
| 2001-07-31 | $652.03K | +27.03% |
| 2000-07-31 | $513.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vartech Systems 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 grown by 48252600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2003)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $438.94K | 38.31% |
| Common Stock | $2.10K | 0.18% |
| Other Components | $704.76K | 61.51% |
| Total Equity | $1.15 Million | 100.00% |
Vartech Systems Inc Competitors by Market Cap
The table below lists competitors of Vartech Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SK Securities Co. Ltd. Pfd. Series 1
KQ:001515
|
$18.00K |
|
Wodkan Wodociagow Kanalizacji
WAR:WOD
|
$18.00K |
|
NTN CORP - Dusseldorf Stock Exchang
DU:NTN
|
$18.00K |
|
NanoFlex Power Corp
PINK:OPVS
|
$18.00K |
|
Harrison Vickers and Waterman Inc
PINK:HVCW
|
$17.98K |
|
SOLARWORLD ENERGY SOL LTD
NSE:SOLARWORLD
|
$17.96K |
|
eMan a.s.
PR:EMAN
|
$17.95K |
|
OL GROUPE
MU:XXT
|
$17.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vartech Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2002 to 2003, total equity changed from 816,284 to 1,145,802, a change of 329,518 (40.4%).
- Net income of 179,518 contributed positively to equity growth.
- Other factors increased equity by 150,000.
Equity Change Factors (2002 to 2003)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $179.52K | +15.67% |
| Other Changes | $150.00K | +13.09% |
| Total Change | $- | 40.37% |
Book Value vs Market Value Analysis
This analysis compares Vartech Systems 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 |
|---|---|---|---|
| 2000-07-31 | $0.00 | $1.82 | x |
| 2001-07-31 | $0.00 | $1.82 | x |
| 2002-07-31 | $0.00 | $1.82 | x |
| 2003-07-31 | $0.00 | $1.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vartech Systems 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): 15.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.32%
- • Asset Turnover: 4.35x
- • Equity Multiplier: 1.55x
- Recent ROE (15.67%) is below the historical average (21.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 27.36% | 3.39% | 3.52x | 2.30x | $89.12K |
| 2001 | 21.28% | 2.41% | 4.48x | 1.97x | $73.55K |
| 2002 | 20.12% | 2.69% | 3.80x | 1.97x | $82.62K |
| 2003 | 15.67% | 2.32% | 4.35x | 1.55x | $64.94K |
Industry Comparison
This section compares Vartech Systems Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $102,165,222,837
- Average return on equity (ROE) among peers: -82.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vartech Systems Inc (VRTK) | $1.06 Million | 27.36% | 0.65x | $17.99K |
| Acer Incorporated (ACEYY) | $75.03 Billion | -3.88% | 2.02x | $3.26 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $4.25 Million | 55.33% | 1.47x | $2.33 Million |
| AstroNova Inc (ALOT) | $33.90 Million | 8.85% | 0.18x | $49.05 Million |
| Arista Networks (ANET) | $788.15 Million | 15.37% | 0.47x | $138.43 Billion |
| Bgin Blockchain Limited Class A Ordinary Shares (BGIN) | $148.92 Million | 93.81% | 0.29x | $27.14K |
| Braiin Limited Common Stock (BRAI) | $-2.83 Million | 0.00% | 0.00x | $46.37 Million |
| BTC Digital Ltd. (BTCT) | $36.58 Million | -1050.71% | 23.21x | $9.90 Million |
| Canon Inc. (CAJPY) | $945.07 Billion | 3.28% | 1.35x | $24.42 Billion |
| Canaan Inc (CAN) | $543.31 Million | 56.77% | 0.63x | $346.91 Million |
| CCUR Holdings Inc (CCUR) | $-1.50 Million | 0.00% | 0.00x | $6.74 Million |