VOXX International Corporation
VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead… Read more
VOXX International Corporation (VOXX) - Total Assets
Latest total assets as of November 2024: $338.83 Million USD
Based on the latest financial reports, VOXX International Corporation (VOXX) holds total assets worth $338.83 Million USD as of November 2024.
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.
VOXX International Corporation - Total Assets Trend (1987–2024)
This chart illustrates how VOXX International Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VOXX International Corporation - Asset Composition Analysis
Current Asset Composition (February 2024)
VOXX International Corporation's total assets of $338.83 Million consist of 53.1% current assets and 46.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.5% |
| Accounts Receivable | $75.59 Million | 17.0% |
| Inventory | $128.47 Million | 28.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $68.77 Million | 15.5% |
| Goodwill | $63.93 Million | 14.4% |
Asset Composition Trend (1987–2024)
This chart illustrates how VOXX International Corporation'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: VOXX International Corporation's current assets represent 53.1% of total assets in 2024, a decrease from 94.0% in 1987.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2024, down from 4.4% in 1987.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 29.0% of total assets, an increase from 1.0% in 1987.
- Asset Diversification: The largest asset category is inventory at 28.9% of total assets.
VOXX International Corporation Competitors by Total Assets
Key competitors of VOXX International Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
VOXX International Corporation - 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
Strong asset utilization - VOXX International Corporation generates 1.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - VOXX International Corporation is currently not profitable relative to its asset base.
VOXX International Corporation - 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 | 1.85 | 1.81 | 3.07 |
| Quick Ratio | 0.97 | 0.84 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $92.91 Million | $ 122.42 Million | $ 146.80 Million |
VOXX International Corporation - Advanced Valuation Insights
This section examines the relationship between VOXX International Corporation'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 | 0.69 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | -14.5% |
| Total Assets | $444.01 Million |
| Market Capitalization | $83.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values VOXX International Corporation's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: VOXX International Corporation's assets decreased by 14.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for VOXX International Corporation (1987–2024)
The table below shows the annual total assets of VOXX International Corporation from 1987 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-02-29 | $444.01 Million | -14.52% |
| 2023-02-28 | $519.45 Million | -11.46% |
| 2022-02-28 | $586.66 Million | +6.51% |
| 2021-02-28 | $550.82 Million | +24.74% |
| 2020-02-29 | $441.57 Million | -13.22% |
| 2019-02-28 | $508.81 Million | -11.61% |
| 2018-02-28 | $575.64 Million | -13.89% |
| 2017-02-28 | $668.49 Million | -0.18% |
| 2016-02-29 | $669.71 Million | -1.15% |
| 2015-02-28 | $677.51 Million | -9.32% |
| 2014-02-28 | $747.15 Million | -9.90% |
| 2013-02-28 | $829.27 Million | +30.76% |
| 2012-02-29 | $634.18 Million | +26.56% |
| 2011-02-28 | $501.10 Million | +2.48% |
| 2010-02-28 | $488.98 Million | +6.00% |
| 2009-02-28 | $461.30 Million | -13.46% |
| 2008-02-29 | $533.04 Million | +7.52% |
| 2007-02-28 | $495.77 Million | +2.04% |
| 2006-02-28 | $485.86 Million | -10.58% |
| 2005-02-28 | $543.34 Million | -6.27% |
| 2004-02-29 | $579.70 Million | +5.16% |
| 2003-02-28 | $551.24 Million | +3.35% |
| 2002-02-28 | $533.37 Million | +6.07% |
| 2001-02-28 | $502.86 Million | +5.84% |
| 2000-02-29 | $475.10 Million | +69.86% |
| 1999-02-28 | $279.70 Million | -3.49% |
| 1998-02-28 | $289.80 Million | +8.05% |
| 1997-02-28 | $268.20 Million | -13.79% |
| 1996-02-29 | $311.10 Million | +30.11% |
| 1995-02-28 | $239.10 Million | +40.90% |
| 1994-02-28 | $169.70 Million | +16.79% |
| 1993-02-28 | $145.30 Million | +5.98% |
| 1992-02-29 | $137.10 Million | -3.99% |
| 1991-02-28 | $142.80 Million | +7.69% |
| 1990-02-28 | $132.60 Million | -7.40% |
| 1989-02-28 | $143.20 Million | +7.67% |
| 1988-02-29 | $133.00 Million | +45.83% |
| 1987-02-28 | $91.20 Million | -- |