Virtual Interactive Technologies Corp
Virtual Interactive Technologies Corp. operates as a game and metaverse developer internationally. The company offers Extrosive, a metaverse platform that replaces traditional financial experiences with global prosperity space. It is involved in the creation of immersion experiences by harnessing technologies, which includes blockchain and digital assets. The company also operates a game catalog,… Read more
Virtual Interactive Technologies Corp (VRVR) - Total Assets
Latest total assets as of June 2024: $96.78K USD
Based on the latest financial reports, Virtual Interactive Technologies Corp (VRVR) holds total assets worth $96.78K 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.
Virtual Interactive Technologies Corp - Total Assets Trend (2011–2024)
This chart illustrates how Virtual Interactive Technologies Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Virtual Interactive Technologies Corp - Asset Composition Analysis
Current Asset Composition (September 2024)
Virtual Interactive Technologies Corp's total assets of $96.78K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 31.8% |
| Accounts Receivable | $87.61K | 68.2% |
| Inventory | $-87.61K | -68.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Virtual Interactive Technologies 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: Virtual Interactive Technologies Corp's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 31.8% of total assets in 2024, down from 100.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 68.2% of total assets.
Virtual Interactive Technologies Corp Competitors by Total Assets
Key competitors of Virtual Interactive Technologies Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
Virtual Interactive Technologies 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 - Virtual Interactive Technologies Corp generates 1.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Virtual Interactive Technologies Corp is currently not profitable relative to its asset base.
Virtual Interactive Technologies 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 | 0.05 | 0.07 | 0.05 |
| Quick Ratio | 0.10 | 0.09 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.73 Million | $ -1.56 Million | $ -105.28K |
Virtual Interactive Technologies Corp - Advanced Valuation Insights
This section examines the relationship between Virtual Interactive Technologies 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 | - |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $128.44K |
| Market Capitalization | $2.48K USD |
Valuation Analysis
Below Book Valuation: The market values Virtual Interactive Technologies Corp's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Virtual Interactive Technologies Corp's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Virtual Interactive Technologies Corp (2011–2024)
The table below shows the annual total assets of Virtual Interactive Technologies Corp from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-09-30 | $128.44K | 0.00% |
| 2023-09-30 | $128.44K | -93.90% |
| 2022-09-30 | $2.11 Million | +422.88% |
| 2021-09-30 | $402.73K | +72.16% |
| 2020-09-30 | $233.93K | -33.84% |
| 2019-09-30 | $353.56K | +511.20% |
| 2018-09-30 | $57.85K | +4835.67% |
| 2017-09-30 | $1.17K | -67.44% |
| 2016-09-30 | $3.60K | 0.00% |
| 2015-09-30 | $3.60K | -71.61% |
| 2013-09-30 | $12.68K | -42.03% |
| 2012-09-30 | $21.88K | -56.25% |
| 2011-09-30 | $50.00K | -- |