VRHI
Veri Medtech Holdings Inc., through its subsidiaries, provides health and wellness services and products through its healthcare technology platform. Its online therapy platforms bridge the gap between mental health professionals and clients seeking support. It offers its services under Veriheal and DosePop brand names. The company was formerly known as Light Media Holdings, Inc. and changed its n… Read more
VRHI (VRHI) - Total Assets
Latest total assets as of June 2024: $34.93K USD
Based on the latest financial reports, VRHI (VRHI) holds total assets worth $34.93K 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.
VRHI - Total Assets Trend (2018–2023)
This chart illustrates how VRHI’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VRHI - Asset Composition Analysis
Current Asset Composition (December 2023)
VRHI's total assets of $34.93K consist of 16.1% current assets and 83.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.1% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2018–2023)
This chart illustrates how VRHI'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: VRHI's current assets represent 16.1% of total assets in 2023, an increase from 0.7% in 2018.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2023, up from 0.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
VRHI Competitors by Total Assets
Key competitors of VRHI 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 |
VRHI - 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 - VRHI generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - VRHI is currently not profitable relative to its asset base.
VRHI - 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 | 7.81 | 1868.46 | 6.22 |
| Quick Ratio | 7.81 | 1868.46 | 6.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.93K | $ 44.82K | $ 11.34K |
VRHI - Advanced Valuation Insights
This section examines the relationship between VRHI'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 | 11.07 |
| Latest Market Cap to Assets Ratio | 21.17 |
| Asset Growth Rate (YoY) | -41.7% |
| Total Assets | $166.46K |
| Market Capitalization | $3.52 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values VRHI's assets at a significant premium ( 21.17x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: VRHI's assets decreased by 41.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for VRHI (2018–2023)
The table below shows the annual total assets of VRHI from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $166.46K | -41.72% |
| 2022-12-31 | $285.64K | -18.39% |
| 2021-12-31 | $350.00K | +12.77% |
| 2020-12-31 | $310.36K | +82.77% |
| 2019-12-31 | $169.81K | +9.53% |
| 2018-12-31 | $155.03K | -- |