Veea Inc. (VEEA) - Total Assets
Based on the latest financial reports, Veea Inc. (VEEA) holds total assets worth $29.47 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. See Veea Inc. book value and equity for net asset value and shareholders' equity analysis.
Veea Inc. - Total Assets Trend (2021–2024)
This chart illustrates how Veea Inc.'s total assets have evolved over time, based on quarterly financial data.
Veea Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Veea Inc.'s total assets of $29.47 Million consist of 70.5% current assets and 29.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.0% |
| Accounts Receivable | $84.66K | 0.4% |
| Inventory | $7.46 Million | 35.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $741.08K | 3.5% |
| Goodwill | $4.78 Million | 22.7% |
Asset Composition Trend (2021–2024)
This chart illustrates how Veea 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. For live market cap, price, and company overview, see Veea Inc. stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Veea Inc.'s current assets represent 70.5% of total assets in 2024, an increase from 40.7% in 2021.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2024, up from 5.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, a decrease from 39.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 35.4% of total assets.
Veea Inc. Competitors by Total Assets
Key competitors of Veea Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
Beijing Lanxum Tech Co
SHE:300010
|
China | CN¥2.39 Billion |
|
Beibu Gulf Tourism Corp Ltd
SHG:603869
|
China | CN¥4.70 Billion |
|
Orbis AG
XETRA:OBS
|
Germany | €88.03 Million |
|
Siili Solutions Oyj
HE:SIILI
|
Finland | €76.64 Million |
|
Talex S.A.
WAR:TLX
|
Poland | zł82.31 Million |
|
Capgemini SE
PA:CAP
|
France | €29.06 Billion |
|
Squirrel Media SA
MC:SQRL
|
Spain | €238.36 Million |
Veea 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 | 0.57 | 1.82 | 3.12 |
| Quick Ratio | 0.24 | 1.44 | 3.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-12.07 Million | $17.16 Million | $2.16 Million |
Veea Inc. - Advanced Valuation Insights
This section examines the relationship between Veea 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 | - |
| Latest Market Cap to Assets Ratio | 1.25 |
| Asset Growth Rate (YoY) | 1.2% |
| Total Assets | $21.09 Million |
| Market Capitalization | $26.31 Million USD |
Valuation Analysis
Above Book Valuation: The market values Veea Inc.'s assets above their book value (1.25x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Veea Inc.'s assets grew by 1.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Veea Inc. (2021–2024)
The table below shows the annual total assets of Veea Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $21.09 Million | +1.23% |
| 2023-12-31 | $20.84 Million | -93.57% |
| 2022-12-31 | $324.04 Million | +1648.40% |
| 2021-12-31 | $18.53 Million | -- |
About Veea Inc.
Veea Inc. provides edge computing and communications devices, applications, and services hosted on its edge Platform-as-a-Service (ePaaS). The company offers Veea Edge Platform ePaaS, an end-to-end platform that is both locally- and cloud-managed. Its VeeaHub products include converged computing and communications indoor and outdoor devices; and a Wi-Fi Access Point for networking and computing s… Read more