Voice Assist Inc
Voice Assist, Inc. builds mobile apps and provides cloud based services in the United States. It offers iPhone, Android, and Virtual Office apps, as well as cloud based subscriptions that help people use voice commands while driving. The company was founded in 2002 and is based in Irvine, California.
Voice Assist Inc (VSST) - Net Assets
Latest net assets as of June 2014: $-2.60 Million USD
Based on the latest financial reports, Voice Assist Inc (VSST) has net assets worth $-2.60 Million USD as of June 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($377.65K) and total liabilities ($2.98 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 | $-2.60 Million |
| % of Total Assets | -689.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Voice Assist Inc - Net Assets Trend (2008–2013)
This chart illustrates how Voice Assist 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 Voice Assist Inc (2008–2013)
The table below shows the annual net assets of Voice Assist Inc from 2008 to 2013.
| Year | Net Assets | Change |
|---|---|---|
| 2013-12-31 | $-1.88 Million | -409.75% |
| 2012-12-31 | $-368.36K | +79.92% |
| 2011-12-31 | $-1.83 Million | -692.17% |
| 2010-12-31 | $309.80K | +3220.76% |
| 2009-12-31 | $-9.93K | +31.49% |
| 2008-12-31 | $-14.49K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voice Assist 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 2673258700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $240.94K | % |
| Other Comprehensive Income | $1.00 | % |
| Other Components | $26.48 Million | % |
| Total Equity | $-42.26K | 100.00% |
Voice Assist Inc Competitors by Market Cap
The table below lists competitors of Voice Assist Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caduceus Software Systems Corp
PINK:CSOC
|
$59.18 |
|
Regenera Insights Inc.
F:66C0
|
$59.20 |
|
Milton Capital PLC
LSE:MII
|
$59.27 |
|
FIRST CLASS MET. LS-001
F:WN9
|
$59.68 |
|
Cardax Inc
PINK:CDXI
|
$59.02 |
|
O.A.T. Inc
PINK:OATN
|
$58.91 |
|
Social Detention Inc
PINK:SODE
|
$58.79 |
|
RegalWorks Media Inc
PINK:RWMI
|
$58.72 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voice Assist Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -17,285 to -42,261, a change of -24,976.
- Net loss of 24,976 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-24.98K | -59.1% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Voice Assist 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 |
|---|---|---|---|
| 2008-12-31 | $0.00 | $0.01 | x |
| 2009-12-31 | $0.00 | $0.01 | x |
| 2010-12-31 | $0.01 | $0.01 | x |
| 2011-12-31 | $-0.06 | $0.01 | x |
| 2012-12-31 | $-0.01 | $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 |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voice Assist 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 (-46.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | -1233.23% | 1.20x | 0.00x | $-30.54K |
| 2009 | 0.00% | -1538.65% | 0.10x | 0.00x | $-49.44K |
| 2010 | -418.70% | -103.19% | 0.91x | 4.46x | $-1.33 Million |
| 2011 | 0.00% | -1174.02% | 0.80x | 0.00x | $-10.05 Million |
| 2012 | 0.00% | -542.41% | 0.94x | 0.00x | $-3.03 Million |
| 2013 | 0.00% | -912.89% | 0.83x | 0.00x | $-2.10 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.32K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.06K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-20.75K |
Industry Comparison
This section compares Voice Assist Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voice Assist Inc (VSST) | $-2.60 Million | 0.00% | N/A | $59.05 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |