Envirotech Vehicles Inc
Envirotech Vehicles, Inc. manufactures and provides zero-emission electric vehicles in the United States. It offers class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also provides vehicle maintenance and safety inspection services. It serves commer… Read more
Envirotech Vehicles Inc (EVTV) - Total Assets
Latest total assets as of September 2025: $18.20 Million USD
Based on the latest financial reports, Envirotech Vehicles Inc (EVTV) holds total assets worth $18.20 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Envirotech Vehicles Inc - Total Assets Trend (2013–2024)
This chart illustrates how Envirotech Vehicles Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Envirotech Vehicles Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Envirotech Vehicles Inc's total assets of $18.20 Million consist of 54.0% current assets and 46.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.9% |
| Accounts Receivable | $2.01 Million | 6.2% |
| Inventory | $6.42 Million | 19.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.97 Million | 12.2% |
| Goodwill | $10.10 Million | 30.9% |
Asset Composition Trend (2013–2024)
This chart illustrates how Envirotech Vehicles Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Envirotech Vehicles Inc's current assets represent 54.0% of total assets in 2024, a decrease from 54.4% in 2013.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2024, down from 45.8% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 30.9% of total assets.
Envirotech Vehicles Inc Competitors by Total Assets
Key competitors of Envirotech Vehicles Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ellwee AB
ST:ELLWEE
|
Sweden | Skr5.80 Million |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
China | CN¥185.63 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
Envirotech Vehicles Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Envirotech Vehicles Inc generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Envirotech Vehicles Inc is currently not profitable relative to its asset base.
Envirotech Vehicles Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.97 | 3.43 | 0.71 |
| Quick Ratio | 0.66 | 0.75 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-499.43K | $ 8.67 Million | $ -788.91K |
Envirotech Vehicles Inc - Advanced Valuation Insights
This section examines the relationship between Envirotech Vehicles Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.37 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 44.2% |
| Total Assets | $32.67 Million |
| Market Capitalization | $6.85 Million USD |
Valuation Analysis
Below Book Valuation: The market values Envirotech Vehicles Inc's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Envirotech Vehicles Inc's assets grew by 44.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Envirotech Vehicles Inc (2013–2024)
The table below shows the annual total assets of Envirotech Vehicles Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $32.67 Million | +44.22% |
| 2023-12-31 | $22.65 Million | -32.35% |
| 2022-12-31 | $33.48 Million | -55.54% |
| 2021-12-31 | $75.31 Million | +3026.47% |
| 2020-12-31 | $2.41 Million | -76.65% |
| 2019-12-31 | $10.32 Million | -4.76% |
| 2018-12-31 | $10.83 Million | +103.55% |
| 2017-12-31 | $5.32 Million | +56.25% |
| 2016-12-31 | $3.41 Million | -27.53% |
| 2015-12-31 | $4.70 Million | +4833.04% |
| 2013-12-31 | $95.28K | -- |