VirExit Technologies Inc
VirExit Technologies, Inc. develops and provides antiviral technologies, personal protective equipment, and health and wellness products. It offers seated treadmills, nutraceuticals, and boutique style custom candles through its safer place market. The company was formerly known as Poverty Dignified, Inc. VirExit Technologies, Inc. was founded in 2013 and is headquartered in Richland, Washington.
VirExit Technologies Inc (VXIT) - Total Assets
Latest total assets as of November 2024: $10.00K USD
Based on the latest financial reports, VirExit Technologies Inc (VXIT) holds total assets worth $10.00K USD as of November 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.
VirExit Technologies Inc - Total Assets Trend (2014–2024)
This chart illustrates how VirExit Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VirExit Technologies Inc - Asset Composition Analysis
Current Asset Composition (August 2024)
VirExit Technologies Inc's total assets of $10.00K consist of 100.0% current assets and 0.0% 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 | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how VirExit Technologies 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: VirExit Technologies Inc's current assets represent 100.0% of total assets in 2024, an increase from 99.1% in 2014.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 94.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
VirExit Technologies Inc Competitors by Total Assets
Key competitors of VirExit Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
VirExit Technologies 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 - VirExit Technologies Inc generates 0.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - VirExit Technologies Inc is currently not profitable relative to its asset base.
VirExit Technologies 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 | 0.12 |
| Quick Ratio | 0.00 | 0.00 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.36 Million | $ -4.02 Million | $ -1.09 Million |
VirExit Technologies Inc - Advanced Valuation Insights
This section examines the relationship between VirExit Technologies 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 | 25.01 |
| Asset Growth Rate (YoY) | 250.2% |
| Total Assets | $60.00K |
| Market Capitalization | $1.50 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values VirExit Technologies Inc's assets at a significant premium ( 25.01x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: VirExit Technologies Inc's assets grew by 250.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for VirExit Technologies Inc (2014–2024)
The table below shows the annual total assets of VirExit Technologies Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | $60.00K | +250.18% |
| 2023-08-31 | $17.13K | +144.28% |
| 2022-08-31 | $7.01K | -19.48% |
| 2021-08-31 | $8.71K | -84.17% |
| 2020-08-31 | $55.04K | -49.24% |
| 2019-08-31 | $108.44K | +669.92% |
| 2018-08-31 | $14.09K | -83.97% |
| 2017-08-31 | $87.87K | -39.52% |
| 2016-08-31 | $145.29K | +73.48% |
| 2015-08-31 | $83.75K | -46.45% |
| 2014-08-31 | $156.41K | -- |