Voyager Digital Ltd
Voyager Digital Ltd., through its subsidiaries, operates as a crypto asset brokerage firm primarily in the United States and Canada. It operates a digital platform that enables users to buy and sell crypto assets across multiple centralized marketplaces in one account. The company was formerly known as Voyager Digital (Canada) Ltd. and changed its name to Voyager Digital Ltd. in July 2020. It is … Read more
Voyager Digital Ltd (VYGVQ) - Net Assets
Latest net assets as of March 2022: $257.78 Million USD
Based on the latest financial reports, Voyager Digital Ltd (VYGVQ) has net assets worth $257.78 Million USD as of March 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.00 Billion) and total liabilities ($5.74 Billion). 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 | $257.78 Million |
| % of Total Assets | 4.3% |
| Annual Growth Rate | 24.32% |
| 5-Year Change | N/A |
| 10-Year Change | 970.52% |
| Growth Volatility | 7708.49 |
Voyager Digital Ltd - Net Assets Trend (1998–2021)
This chart illustrates how Voyager Digital Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Voyager Digital Ltd (1998–2021)
The table below shows the annual net assets of Voyager Digital Ltd from 1998 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-06-30 | $186.32 Million | +33715.25% |
| 2020-06-30 | $551.00K | +153.89% |
| 2019-06-30 | $217.03K | -25.28% |
| 2018-06-30 | $290.44K | +153.74% |
| 2017-06-30 | $-540.50K | -34.06% |
| 2016-06-30 | $-403.17K | -28.16% |
| 2015-06-30 | $-314.58K | +49.11% |
| 2014-06-30 | $-618.19K | -104.42% |
| 2013-06-30 | $13.98 Million | -19.69% |
| 2012-06-30 | $17.40 Million | -12.55% |
| 2011-06-30 | $19.90 Million | +28.04% |
| 2010-06-30 | $15.54 Million | +20.80% |
| 2009-06-30 | $12.87 Million | -8.90% |
| 2008-06-30 | $14.12 Million | +47.56% |
| 2007-06-30 | $9.57 Million | +148.18% |
| 2006-06-30 | $3.86 Million | +825.20% |
| 2005-06-30 | $416.82K | +7.20% |
| 2004-06-30 | $388.84K | +22.10% |
| 2003-06-30 | $318.47K | +69.67% |
| 2002-06-30 | $187.70K | +202.94% |
| 2001-06-30 | $61.96K | +111.89% |
| 2000-06-30 | $-521.12K | -131.15% |
| 1999-06-30 | $1.67 Million | +34.16% |
| 1998-06-30 | $1.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voyager Digital Ltd'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 9291894343.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $265.70 Million | 142.60% |
| Other Comprehensive Income | $18.58 Million | 9.97% |
| Total Equity | $186.32 Million | 100.00% |
Voyager Digital Ltd Competitors by Market Cap
The table below lists competitors of Voyager Digital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
N.W.F Group
LSE:NWF
|
$8.36K |
|
Nexa Resources Peru S.A.A.
LIM:NEXAPEC1
|
$8.36K |
|
Kukyoung G&M
KO:006050
|
$8.37K |
|
Biostax Corp.
PINK:BTAX
|
$8.37K |
|
UNI-PRESIDENT CHINA (58U.SG)
STU:58U
|
$8.35K |
|
Creo Medical Group PLC
LSE:CREO
|
$8.34K |
|
LIONTOWN
BE:LIS
|
$8.34K |
|
Dawood Hercules Corporation Ltd
KAR:DAWH
|
$8.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voyager Digital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 551,000 to 186,322,000, a change of 185,771,000 (33715.2%).
- Net loss of 51,488,000 reduced equity.
- Share repurchases of 3,796,000 reduced equity.
- New share issuances of 135,909,000 increased equity.
- Other comprehensive income increased equity by 13,059,008.
- Other factors increased equity by 92,086,992.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-51.49 Million | -27.63% |
| Share Repurchases | $3.80 Million | -2.04% |
| Share Issuances | $135.91 Million | +72.94% |
| Other Comprehensive Income | $13.06 Million | +7.01% |
| Other Changes | $92.09 Million | +49.42% |
| Total Change | $- | 33715.25% |
Book Value vs Market Value Analysis
This analysis compares Voyager Digital Ltd'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 |
|---|---|---|---|
| 1998-06-30 | $14.37 | $0.00 | x |
| 1999-06-30 | $13.24 | $0.00 | x |
| 2000-06-30 | $-3.82 | $0.00 | x |
| 2001-06-30 | $0.30 | $0.00 | x |
| 2002-06-30 | $2.34 | $0.00 | x |
| 2003-06-30 | $3.05 | $0.00 | x |
| 2004-06-30 | $2.69 | $0.00 | x |
| 2005-06-30 | $2.30 | $0.00 | x |
| 2006-06-30 | $9.43 | $0.00 | x |
| 2007-06-30 | $12.53 | $0.00 | x |
| 2008-06-30 | $14.02 | $0.00 | x |
| 2009-06-30 | $11.10 | $0.00 | x |
| 2010-06-30 | $10.64 | $0.00 | x |
| 2011-06-30 | $11.23 | $0.00 | x |
| 2012-06-30 | $8.35 | $0.00 | x |
| 2013-06-30 | $7.28 | $0.00 | x |
| 2014-06-30 | $-0.32 | $0.00 | x |
| 2018-06-30 | $0.02 | $0.00 | x |
| 2019-06-30 | $0.01 | $0.00 | x |
| 2020-06-30 | $0.01 | $0.00 | x |
| 2021-06-30 | $1.42 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voyager Digital Ltd 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): -27.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.41%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 16.52x
- Recent ROE (-27.63%) is above the historical average (-823.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -23.68% | -1650.56% | 0.01x | 1.00x | $-419.95K |
| 1999 | 6.64% | 600.02% | 0.01x | 1.01x | $-56.21K |
| 2000 | 0.00% | -14138.56% | 0.02x | 0.00x | $-2.53 Million |
| 2001 | -670.54% | -1762.07% | 0.05x | 7.12x | $-421.64K |
| 2002 | -47.47% | -3283.02% | 0.01x | 1.02x | $-107.88K |
| 2003 | -69.86% | -318780.56% | 0.00x | 1.11x | $-254.32K |
| 2004 | -142.32% | -199389.89% | 0.00x | 1.06x | $-592.27K |
| 2005 | -90.36% | -125043.94% | 0.00x | 2.52x | $-418.33K |
| 2006 | -40.03% | 0.00% | 0.00x | 1.06x | $-1.93 Million |
| 2007 | -36.17% | 0.00% | 0.00x | 1.03x | $-4.42 Million |
| 2008 | -14.59% | 0.00% | 0.00x | 1.02x | $-3.47 Million |
| 2009 | -10.85% | 0.00% | 0.00x | 1.11x | $-2.68 Million |
| 2010 | -4.22% | 0.00% | 0.00x | 1.16x | $-2.21 Million |
| 2011 | -3.58% | 0.00% | 0.00x | 1.12x | $-2.70 Million |
| 2012 | -18.28% | 0.00% | 0.00x | 1.09x | $-4.54 Million |
| 2013 | -12.36% | 0.00% | 0.00x | 1.09x | $-3.13 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.36 Million |
| 2018 | -53.03% | 0.00% | 0.00x | 6.04x | $-183.07K |
| 2019 | -14195.93% | -35283.52% | 0.02x | 26.74x | $-30.83 Million |
| 2020 | -1845.74% | -884.35% | 0.03x | 70.36x | $-10.23 Million |
| 2021 | -27.63% | -29.41% | 0.06x | 16.52x | $-70.12 Million |
Industry Comparison
This section compares Voyager Digital Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voyager Digital Ltd (VYGVQ) | $257.78 Million | -23.68% | 22.27x | $8.35K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |