Vroom Inc (VRM) - Total Assets
Based on the latest financial reports, Vroom Inc (VRM) holds total assets worth $1.12 Billion USD as of September 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. Check Vroom Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Vroom Inc - Total Assets Trend (2018–2023)
This chart illustrates how Vroom Inc's total assets have evolved over time, based on quarterly financial data. Explore Vroom Inc (VRM) long-term investment share to see how much of total assets are deployed in long-term investments.
Vroom Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Vroom Inc's total assets of $1.12 Billion consist of 64.6% current assets and 35.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.2% |
| Accounts Receivable | $525.19 Million | 35.6% |
| Inventory | $163.25 Million | 11.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $131.89 Million | 8.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Vroom 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. For live market cap, price, and company overview, see VRM market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vroom Inc's current assets represent 64.6% of total assets in 2023, a decrease from 75.7% in 2018.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2023, down from 41.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 20.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 35.6% of total assets.
Vroom Inc Competitors by Total Assets
Key competitors of Vroom Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Boyd Group Services Inc.
TO:BYD
|
Canada | CA$2.61 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
China | CN¥3.55 Billion |
|
Autocanada Inc
TO:ACQ
|
Canada | CA$2.75 Billion |
|
Eagers Automotive Ltd
AU:APE
|
Australia | AU$6.17 Billion |
|
Autosports Group Ltd
AU:ASG
|
Australia | AU$2.06 Billion |
|
AMA Group Ltd
AU:AMA
|
Australia | AU$882.64 Million |
|
Motorcycle Holdings Ltd
AU:MTO
|
Australia | AU$447.81 Million |
|
Peter Warren Automotive Holdings Ltd
AU:PWR
|
Australia | AU$1.44 Billion |
Vroom 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 | 2.90 | 1.23 | 1.79 |
| Quick Ratio | 2.90 | 0.94 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $632.48 Million | $190.51 Million | $205.50 Million |
Vroom Inc - Advanced Valuation Insights
This section examines the relationship between Vroom 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 | 2.63 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -8.9% |
| Total Assets | $1.48 Billion |
| Market Capitalization | $9.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vroom Inc's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Vroom Inc's assets decreased by 8.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vroom Inc (2018–2023)
The table below shows the annual total assets of Vroom Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.48 Billion | -8.87% |
| 2022-12-31 | $1.62 Billion | -31.59% |
| 2021-12-31 | $2.37 Billion | +37.28% |
| 2020-12-31 | $1.72 Billion | +206.02% |
| 2019-12-31 | $563.39 Million | +43.41% |
| 2018-12-31 | $392.84 Million | -- |
About Vroom Inc
Vroom, Inc. operates as an automotive finance company. The company offers vehicle financing to its customers through third party dealers under the UACC brand. It also provides artificial intelligence powered analytics and digital services to dealers, automotive financial services companies, and others in the automotive industry for automotive retail. The company was formerly known as Auto America… Read more