Vaporbrands Intl Inc
Innovative EV Technologies, Inc., doing business as Ecite Motors Group, engages in manufacturing of electric vehicles in the United States. The company was formerly known as VaporBrands International, Inc. and changed its name to Innovative EV Technologies, Inc. in January 2023. Innovative EV Technologies, Inc. was incorporated in 1986 and is based in Bothell, Washington.
Vaporbrands Intl Inc (VAPR) - Total Assets
Latest total assets as of March 2025: $104.64K USD
Based on the latest financial reports, Vaporbrands Intl Inc (VAPR) holds total assets worth $104.64K USD as of March 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.
Vaporbrands Intl Inc - Total Assets Trend (1985–2024)
This chart illustrates how Vaporbrands Intl Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vaporbrands Intl Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Vaporbrands Intl Inc's total assets of $104.64K consist of 2.8% current assets and 97.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $80.12K | 57.0% |
| Goodwill | $31.51K | 22.4% |
Asset Composition Trend (1985–2024)
This chart illustrates how Vaporbrands Intl 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: Vaporbrands Intl Inc's current assets represent 2.8% of total assets in 2024, a decrease from 74.9% in 1985.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 7.5% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 79.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is intangible assets at 57.0% of total assets.
Vaporbrands Intl Inc Competitors by Total Assets
Key competitors of Vaporbrands Intl Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beiqi Foton Motor Co Ltd
SHG:600166
|
China | CN¥58.09 Billion |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
|
Zhejiang Qianjiang Motorcycle Co Ltd
SHE:000913
|
China | CN¥10.53 Billion |
Vaporbrands Intl 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
Lower asset utilization - Vaporbrands Intl Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vaporbrands Intl Inc is currently not profitable relative to its asset base.
Vaporbrands Intl 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 | 0.00 | 0.00 | 0.00 |
| Quick Ratio | 0.00 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-760.00K | $ -3.00 Million | $ -393.40K |
Vaporbrands Intl Inc - Advanced Valuation Insights
This section examines the relationship between Vaporbrands Intl 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -93.9% |
| Total Assets | $140.51K |
| Market Capitalization | $144.63 USD |
Valuation Analysis
Below Book Valuation: The market values Vaporbrands Intl Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Vaporbrands Intl Inc's assets decreased by 93.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vaporbrands Intl Inc (1985–2024)
The table below shows the annual total assets of Vaporbrands Intl Inc from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $140.51K | -93.93% |
| 2023-12-31 | $2.32 Million | -6.84% |
| 2022-12-31 | $2.49 Million | +20633.42% |
| 2021-12-31 | $11.99K | -91.78% |
| 2020-12-31 | $145.91K | +83277.14% |
| 2019-12-31 | $175.00 | -34.21% |
| 2018-12-31 | $266.00 | +33.00% |
| 2016-12-31 | $200.00 | -98.99% |
| 2015-12-31 | $19.76K | +0.95% |
| 2014-12-31 | $19.58K | -99.77% |
| 1999-12-31 | $8.48 Million | +8.72% |
| 1998-12-31 | $7.80 Million | +6.85% |
| 1996-12-31 | $7.30 Million | -17.05% |
| 1995-12-31 | $8.80 Million | +20.55% |
| 1994-12-31 | $7.30 Million | +69.77% |
| 1993-12-31 | $4.30 Million | -79.13% |
| 1989-12-31 | $20.60 Million | -28.47% |
| 1988-12-31 | $28.80 Million | -17.00% |
| 1987-12-31 | $34.70 Million | -8.44% |
| 1986-12-31 | $37.90 Million | -5.72% |
| 1985-12-31 | $40.20 Million | -- |