Veltex Corporation
Veltex Corporation focuses on the development and acquisition of companies that have modalities in the areas of health, wellness, and recovery. Its target markets include rehab and treatment centers. The company was founded in 1987 and is headquartered in Chicago, Illinois.
Veltex Corporation (VLXC) - Total Assets
Latest total assets as of June 2025: $1.95 Million USD
Based on the latest financial reports, Veltex Corporation (VLXC) holds total assets worth $1.95 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.
Veltex Corporation - Total Assets Trend (2001–2023)
This chart illustrates how Veltex Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Veltex Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
Veltex Corporation's total assets of $1.95 Million consist of 36.5% current assets and 63.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $578.26K | 32.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2023)
This chart illustrates how Veltex 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: Veltex Corporation's current assets represent 36.5% of total assets in 2023, an increase from 29.6% in 2001.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2023, down from 13.6% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 32.1% of total assets.
Veltex Corporation Competitors by Total Assets
Key competitors of Veltex Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516
|
China | CN¥9.79 Billion |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
|
China | CN¥19.57 Billion |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
China | CN¥6.55 Billion |
|
TMC Life Sciences Bhd
KLSE:0101
|
Malaysia | RM1.12 Billion |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
Malaysia | RM146.00 Million |
|
Cengild Medical Berhad
KLSE:0243
|
Malaysia | RM218.07 Million |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
Malaysia | RM99.33 Million |
|
Raffles Medical Group Ltd
F:02M1
|
Germany | €1.49 Billion |
Veltex 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
Lower asset utilization - Veltex Corporation generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Veltex Corporation is currently not profitable relative to its asset base.
Veltex 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 | 0.26 | 0.42 | 21.67 |
| Quick Ratio | 0.26 | 0.42 | 11.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.76 Million | $ -1.65 Million | $ 25.91 Million |
Veltex Corporation - Advanced Valuation Insights
This section examines the relationship between Veltex 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 27.6% |
| Total Assets | $1.80 Million |
| Market Capitalization | $559.32 USD |
Valuation Analysis
Below Book Valuation: The market values Veltex Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Veltex Corporation's assets grew by 27.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Veltex Corporation (2001–2023)
The table below shows the annual total assets of Veltex Corporation from 2001 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.80 Million | +27.57% |
| 2022-12-31 | $1.41 Million | -4.88% |
| 2021-12-31 | $1.49 Million | +3319.75% |
| 2017-12-31 | $43.45K | -42.35% |
| 2016-12-31 | $75.37K | -99.86% |
| 2006-12-31 | $53.47 Million | +16.89% |
| 2005-12-31 | $45.74 Million | +198.98% |
| 2002-12-31 | $15.30 Million | +37.70% |
| 2001-12-31 | $11.11 Million | -- |