Vision Marine Technologies Inc
Vision Marine Technologies Inc. designs, develops, manufactures, rents, and sells electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; and manufactures customized boats. The company provides its products through website and distributors. It serves original equipment manufa… Read more
Vision Marine Technologies Inc (VMAR) - Total Assets
Latest total assets as of November 2025: $59.66 Million USD
Based on the latest financial reports, Vision Marine Technologies Inc (VMAR) holds total assets worth $59.66 Million USD as of November 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.
Vision Marine Technologies Inc - Total Assets Trend (2018–2025)
This chart illustrates how Vision Marine Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vision Marine Technologies Inc - Asset Composition Analysis
Current Asset Composition (August 2025)
Vision Marine Technologies Inc's total assets of $59.66 Million consist of 84.4% current assets and 15.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.6% |
| Accounts Receivable | $10.91 Million | 15.6% |
| Inventory | $36.87 Million | 52.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $481.20K | 0.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how Vision Marine Technologies 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: Vision Marine Technologies Inc's current assets represent 84.4% of total assets in 2025, an increase from 79.2% in 2018.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2025, up from -3.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 52.7% of total assets.
Vision Marine Technologies Inc Competitors by Total Assets
Key competitors of Vision Marine Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
Korea | ₩96.16 Billion |
|
MasterCraft Boat Holdings Inc
F:1SG
|
Germany | €259.31 Million |
|
SA Catana Group
PA:CATG
|
France | €225.89 Million |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Alexander Marine Co Ltd
TW:8478
|
Taiwan | NT$15.41 Billion |
|
Her Chee Industrial Co Ltd
TWO:8937
|
Taiwan | NT$4.60 Billion |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
Taiwan | NT$106.59 Million |
Vision Marine Technologies 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 - Vision Marine Technologies Inc generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vision Marine Technologies Inc is currently not profitable relative to its asset base.
Vision Marine Technologies 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 | 1.11 | 2.88 | 31.44 |
| Quick Ratio | 0.35 | 1.16 | 30.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.70 Million | $ 6.89 Million | $ 33.08 Million |
Vision Marine Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Vision Marine Technologies 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 | 0.86 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 726.8% |
| Total Assets | $69.91 Million |
| Market Capitalization | $2.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vision Marine Technologies Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vision Marine Technologies Inc's assets grew by 726.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vision Marine Technologies Inc (2018–2025)
The table below shows the annual total assets of Vision Marine Technologies Inc from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $69.91 Million | +726.78% |
| 2024-08-31 | $8.46 Million | -52.61% |
| 2023-08-31 | $17.84 Million | -38.68% |
| 2022-08-31 | $29.10 Million | -25.00% |
| 2021-08-31 | $38.80 Million | +968.43% |
| 2020-08-31 | $3.63 Million | +89.68% |
| 2019-08-31 | $1.91 Million | -3.95% |
| 2018-08-31 | $1.99 Million | -- |