Online Vacation Center Holdings Corp
Online Vacation Center Holdings Corp., through its subsidiaries, provides vacation travel and marketing services in the United States. The company offers vacation services for affluent retiree markets. It also involved in developing and selling river, ocean, and land vacation packages; publishes three travel newsletters under the Top Travel Deals, Spotlight, and TravelFlash brands; selling online… Read more
Online Vacation Center Holdings Corp (ONVC) - Total Assets
Latest total assets as of June 2024: $12.31 Million USD
Based on the latest financial reports, Online Vacation Center Holdings Corp (ONVC) holds total assets worth $12.31 Million USD as of June 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.
Online Vacation Center Holdings Corp - Total Assets Trend (2000–2023)
This chart illustrates how Online Vacation Center Holdings Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Online Vacation Center Holdings Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Online Vacation Center Holdings Corp's total assets of $12.31 Million consist of 82.1% current assets and 18.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 31.2% |
| Accounts Receivable | $1.79 Million | 14.5% |
| Inventory | $659.19K | 5.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $410.96K | 3.3% |
| Goodwill | $451.53K | 3.7% |
Asset Composition Trend (2000–2023)
This chart illustrates how Online Vacation Center Holdings Corp'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: Online Vacation Center Holdings Corp's current assets represent 82.1% of total assets in 2023, a decrease from 86.9% in 2000.
- Cash Position: Cash and equivalents constituted 31.2% of total assets in 2023, up from 27.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 14.5% of total assets.
Online Vacation Center Holdings Corp Competitors by Total Assets
Key competitors of Online Vacation Center Holdings Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
China | CN¥3.85 Billion |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
China | CN¥1.93 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Parlo Bhd
KLSE:0022
|
Malaysia | RM25.61 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
China | CN¥2.87 Billion |
|
Hana Tour
KO:039130
|
Korea | ₩740.11 Billion |
|
Sejoong Co. Ltd
KQ:039310
|
Korea | ₩117.45 Billion |
Online Vacation Center Holdings Corp - 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 - Online Vacation Center Holdings Corp generates 1.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Online Vacation Center Holdings Corp generates $ 1.66 in net profit.
Online Vacation Center Holdings Corp - 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 | 1.25 | 1.21 | 1.20 |
| Quick Ratio | 1.19 | 1.09 | 1.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.03 Million | $ 1.88 Million | $ 2.06 Million |
Online Vacation Center Holdings Corp - Advanced Valuation Insights
This section examines the relationship between Online Vacation Center Holdings Corp'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 | 8.14 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.6% |
| Total Assets | $12.35 Million |
| Market Capitalization | $17.34K USD |
Valuation Analysis
Below Book Valuation: The market values Online Vacation Center Holdings Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Online Vacation Center Holdings Corp's assets decreased by 5.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Online Vacation Center Holdings Corp (2000–2023)
The table below shows the annual total assets of Online Vacation Center Holdings Corp from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $12.35 Million | -5.63% |
| 2022-12-31 | $13.08 Million | -1.85% |
| 2021-12-31 | $13.33 Million | +17.33% |
| 2020-12-31 | $11.36 Million | -26.02% |
| 2019-12-31 | $15.36 Million | +17.62% |
| 2018-12-31 | $13.05 Million | -11.90% |
| 2017-12-31 | $14.82 Million | -3.69% |
| 2016-12-31 | $15.39 Million | +13.04% |
| 2015-12-31 | $13.61 Million | +3.78% |
| 2014-12-31 | $13.11 Million | +7.57% |
| 2013-12-31 | $12.19 Million | +87.44% |
| 2009-12-31 | $6.50 Million | -4.66% |
| 2008-12-31 | $6.82 Million | -24.61% |
| 2007-12-31 | $9.05 Million | +15.16% |
| 2006-12-31 | $7.86 Million | +1148.80% |
| 2005-12-31 | $629.26K | +16.13% |
| 2004-12-31 | $541.87K | -17.17% |
| 2003-12-31 | $654.17K | +34.45% |
| 2002-12-31 | $486.56K | +163.22% |
| 2001-12-31 | $184.84K | +10.49% |
| 2000-12-31 | $167.30K | -- |