Voice Assist Inc
Voice Assist, Inc. builds mobile apps and provides cloud based services in the United States. It offers iPhone, Android, and Virtual Office apps, as well as cloud based subscriptions that help people use voice commands while driving. The company was founded in 2002 and is based in Irvine, California.
Voice Assist Inc (VSST) - Total Assets
Latest total assets as of June 2014: $377.65K USD
Based on the latest financial reports, Voice Assist Inc (VSST) holds total assets worth $377.65K USD as of June 2014.
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.
Voice Assist Inc - Total Assets Trend (2008–2013)
This chart illustrates how Voice Assist Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Voice Assist Inc - Asset Composition Analysis
Current Asset Composition (December 2013)
Voice Assist Inc's total assets of $377.65K consist of 25.6% current assets and 74.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $28.00K | 9.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $90.41K | 30.1% |
| Intangible Assets | $98.23K | 32.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2013)
This chart illustrates how Voice Assist 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: Voice Assist Inc's current assets represent 25.6% of total assets in 2013, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2013, down from 39.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 32.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 32.7% of total assets.
Voice Assist Inc Competitors by Total Assets
Key competitors of Voice Assist Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Voice Assist 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
Strong asset utilization - Voice Assist Inc generates 0.83x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Voice Assist Inc is currently not profitable relative to its asset base.
Voice Assist 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 | 0.02 | 0.06 | 0.14 |
| Quick Ratio | 0.02 | 0.06 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.93 Million | $ -1.33 Million | $ -38.70K |
Voice Assist Inc - Advanced Valuation Insights
This section examines the relationship between Voice Assist 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) | -49.9% |
| Total Assets | $300.60K |
| Market Capitalization | $63.83 USD |
Valuation Analysis
Below Book Valuation: The market values Voice Assist Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Voice Assist Inc's assets decreased by 49.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Voice Assist Inc (2008–2013)
The table below shows the annual total assets of Voice Assist Inc from 2008 to 2013.
| Year | Total Assets | Change |
|---|---|---|
| 2013-12-31 | $300.60K | -49.91% |
| 2012-12-31 | $600.12K | -44.90% |
| 2011-12-31 | $1.09 Million | -21.15% |
| 2010-12-31 | $1.38 Million | +3920.32% |
| 2009-12-31 | $34.36K | +1494.29% |
| 2008-12-31 | $2.15K | -- |