VSee Health, Inc.
VSee Health, Inc. provides telehealth care solutions in the United States. The company offers iDoc Telehealth solutions that treat and coordinate care for acutely ill patients in the neurointensive care, cardiac intensive care, and intensive care units for stroke, spinal cord, brain trauma, and other neurological conditions. It also provides telehealth software building blocks, such as patient en… Read more
VSee Health, Inc. (VSEE) - Total Assets
Latest total assets as of September 2025: $18.71 Million USD
Based on the latest financial reports, VSee Health, Inc. (VSEE) holds total assets worth $18.71 Million USD as of September 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.
VSee Health, Inc. - Total Assets Trend (2020–2025)
This chart illustrates how VSee Health, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VSee Health, Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
VSee Health, Inc.'s total assets of $18.71 Million consist of 15.1% current assets and 84.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $2.25 Million | 11.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.99 Million | 55.0% |
| Goodwill | $4.92 Million | 24.6% |
Asset Composition Trend (2020–2025)
This chart illustrates how VSee Health, 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: VSee Health, Inc.'s current assets represent 15.1% of total assets in 2025, a decrease from 54.2% in 2020.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, down from 28.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 79.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 55.0% of total assets.
VSee Health, Inc. Competitors by Total Assets
Key competitors of VSee Health, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
VSee Health, 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 - VSee Health, Inc. generates 0.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - VSee Health, Inc. is currently not profitable relative to its asset base.
VSee Health, 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 | 0.16 | 0.37 | 6.62 |
| Quick Ratio | 0.16 | 0.37 | 6.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-19.70 Million | $ -12.10 Million | $ 1.03 Million |
VSee Health, Inc. - Advanced Valuation Insights
This section examines the relationship between VSee Health, 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 | 3.63 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $19.99 Million |
| Market Capitalization | $6.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values VSee Health, Inc.'s assets below their book value (0.35 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: VSee Health, Inc.'s assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for VSee Health, Inc. (2020–2025)
The table below shows the annual total assets of VSee Health, Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $19.99 Million | 0.00% |
| 2024-12-31 | $19.99 Million | +2381.10% |
| 2023-12-31 | $805.79K | -69.16% |
| 2022-12-31 | $2.61 Million | -97.78% |
| 2021-12-31 | $117.94 Million | +4225.70% |
| 2020-12-31 | $2.73 Million | -- |