Volcon Inc (VLCN) - Total Assets
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. Also see Volcon Inc stock valuation for the company's overall valuation and market capitalisation.
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. Review VLCN total liabilities to assess the company's total debt and financial obligations.
| 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. See Volcon Inc stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
SAIC Motor Corp Ltd
SHG:600104
|
China | CN¥937.95 Billion |
|
LI AUTO INC. (SP.ADR)/2
F:L87A
|
Germany | €154.30 Billion |
|
SUBARU CORP. ADR/1/2
F:FUH0
|
Germany | €5.22 Trillion |
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
China | CN¥121.51 Billion |
|
Lifan Industry Group Co Ltd
SHG:601777
|
China | CN¥24.22 Billion |
|
Loncin Motor Co Ltd
SHG:603766
|
China | CN¥17.67 Billion |
|
Hamaton Automotive Technology Co Ltd
SHE:300643
|
China | CN¥1.60 Billion |
|
EV MOTORS, S.A.
MC:EBROM
|
Spain | €505.68 Million |
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 | 57.91 |
| Asset Growth Rate (YoY) | -71.9% |
| Total Assets | $6.23 Million |
| Market Capitalization | $360.58 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Volcon Inc's assets at a significant premium (57.91x), suggesting investors see substantial growth potential or unique competitive advantages.
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 | -- |
About 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