Twin Vee Powercats Co (VEEE) - Total Assets
Based on the latest financial reports, Twin Vee Powercats Co (VEEE) holds total assets worth $18.89 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 VEEE net assets for net asset value and shareholders' equity analysis.
Twin Vee Powercats Co - Total Assets Trend (2019–2024)
This chart illustrates how Twin Vee Powercats Co's total assets have evolved over time, based on quarterly financial data.
Twin Vee Powercats Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Twin Vee Powercats Co's total assets of $18.89 Million consist of 40.3% current assets and 59.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.9% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $2.52 Million | 9.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Twin Vee Powercats Co'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 Twin Vee Powercats Co market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Twin Vee Powercats Co's current assets represent 40.3% of total assets in 2024, a decrease from 41.3% in 2019.
- Cash Position: Cash and equivalents constituted 28.9% of total assets in 2024, up from 9.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 9.7% of total assets.
Twin Vee Powercats Co Competitors by Total Assets
Key competitors of Twin Vee Powercats Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Vmoto Ltd
AU:VMT
|
Australia | AU$108.58 Million |
|
BRP Inc
TO:DOO
|
Canada | CA$6.51 Billion |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Trigano S.A.
PA:TRI
|
France | €3.28 Billion |
|
Bénéteau S.A.
PA:BEN
|
France | €1.43 Billion |
|
Fountaine Pajo
PA:ALFPC
|
France | €322.30 Million |
|
SA Catana Group
PA:CATG
|
France | €225.89 Million |
Twin Vee Powercats Co - 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 | 4.13 | 4.00 | 1.27 |
| Quick Ratio | 3.12 | 3.13 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.62 Million | $11.54 Million | $394.88K |
Twin Vee Powercats Co - Advanced Valuation Insights
This section examines the relationship between Twin Vee Powercats Co'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 | 0.16 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -35.0% |
| Total Assets | $25.89 Million |
| Market Capitalization | $2.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Twin Vee Powercats Co's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Twin Vee Powercats Co's assets decreased by 35.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Twin Vee Powercats Co (2019–2024)
The table below shows the annual total assets of Twin Vee Powercats Co from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $25.89 Million | -35.03% |
| 2023-12-31 | $39.85 Million | +4.22% |
| 2022-12-31 | $38.23 Million | +85.60% |
| 2021-12-31 | $20.60 Million | +357.30% |
| 2020-12-31 | $4.50 Million | +99.50% |
| 2019-12-31 | $2.26 Million | -- |
About Twin Vee Powercats Co
Twin Vee Powercats Co. designs, manufactures, and markets recreational and commercial power boats. The company offers catamaran boats and dual hull vessels under the Twin Vee brand; and V-hull boats under the AquaSport brand for use in recreational activities, including fishing, diving and water skiing, as well as commercial activities, such as transportation, eco tours, fishing, and diving exped… Read more