Volcon Inc
Volcon, Inc. designs, develops, and sells electric off road powersport vehicles in the United States. The company provides electric two-wheeled e-bikes and motorcycles; four-wheeled utility terrain vehicles; and golf carts, as well as various upgrades and accessories. It sells its products through powersports dealers, bicycle retailers, and golf cart dealers, as well as through its website. The c… Read more
Volcon Inc (VLCN) - Total Assets
Latest total assets as of June 2025: $17.94 Million USD
Based on the latest financial reports, Volcon Inc (VLCN) holds total assets worth $17.94 Million USD as of June 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.
Volcon Inc - Total Assets Trend (2020–2024)
This chart illustrates how Volcon Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Volcon Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Volcon Inc's total assets of $17.94 Million consist of 81.4% current assets and 18.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 35.2% |
| Accounts Receivable | $88.25K | 1.4% |
| Inventory | $1.46 Million | 23.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $15.70K | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Volcon 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: Volcon Inc's current assets represent 81.4% of total assets in 2024, an increase from 34.5% in 2020.
- Cash Position: Cash and equivalents constituted 35.2% of total assets in 2024, up from 28.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 23.4% of total assets.
Volcon Inc Competitors by Total Assets
Key competitors of Volcon 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 |
Volcon 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
Moderate asset utilization - Volcon Inc generates 0.65x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Volcon Inc is currently not profitable relative to its asset base.
Volcon 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 | 4.56 | 2.12 | 0.28 |
| Quick Ratio | 4.42 | 0.52 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $12.92 Million | $ 7.41 Million | $ -1.68 Million |
Volcon Inc - Advanced Valuation Insights
This section examines the relationship between Volcon 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 | 23.40 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | -71.9% |
| Total Assets | $6.23 Million |
| Market Capitalization | $3.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Volcon Inc's assets below their book value (0.62 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Volcon Inc's assets decreased by 71.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Volcon Inc (2020–2024)
The table below shows the annual total assets of Volcon Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.23 Million | -71.86% |
| 2023-12-31 | $22.13 Million | -2.64% |
| 2022-12-31 | $22.73 Million | +55.40% |
| 2021-12-31 | $14.62 Million | +688.79% |
| 2020-12-31 | $1.85 Million | -- |