Vicinity Net Worth

Vicinity Net Worth Breakdown

  VEV
The net worth of Vicinity Motor Corp is the difference between its total assets and liabilities. Vicinity's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Vicinity's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Vicinity's net worth can be used as a measure of its financial health and stability which can help investors to decide if Vicinity is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Vicinity Motor Corp stock.

Vicinity Net Worth Analysis

Vicinity's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Vicinity's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Vicinity's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Vicinity's net worth analysis. One common approach is to calculate Vicinity's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Vicinity's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Vicinity's net worth. This approach calculates the present value of Vicinity's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Vicinity's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Vicinity's net worth. This involves comparing Vicinity's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Vicinity's net worth relative to its peers.

Enterprise Value

40.03 Million

To determine if Vicinity is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Vicinity's net worth research are outlined below:
Vicinity Motor Corp generated a negative expected return over the last 90 days
Vicinity Motor Corp has high historical volatility and very poor performance
Vicinity Motor Corp has some characteristics of a very speculative penny stock
Vicinity Motor Corp has a very high chance of going through financial distress in the upcoming years
The company reported the last year's revenue of 19.05 M. Reported Net Loss for the year was (16.63 M) with profit before taxes, overhead, and interest of 4.24 M.
Vicinity Motor Corp has about 9.36 M in cash with (24.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Vicinity Motor Corp has a frail financial position based on the latest SEC disclosures
Vicinity uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Vicinity Motor Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Vicinity's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Know Vicinity's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Vicinity is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Vicinity Motor Corp backward and forwards among themselves. Vicinity's institutional investor refers to the entity that pools money to purchase Vicinity's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Blackrock Inc2024-06-30
209
Newbridge Financial Services Group, Inc.2024-06-30
0.0
Bank Of America Corp2024-06-30
0.0
Two Sigma Investments Llc2024-09-30
76.7 K
Geode Capital Management, Llc2024-09-30
64.7 K
Federation Des Caisses Desjardins Du Quebec2024-06-30
43.2 K
Baader Bank Inc2024-09-30
25.2 K
Inspire Advisors, Llc2024-09-30
13 K
Ridgewood Investments Llc2024-09-30
5.3 K
Royal Bank Of Canada2024-06-30
3.9 K
Ubs Group Ag2024-06-30
1.9 K
Note, although Vicinity's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Vicinity's market capitalization trends

The company currently falls under 'Nano-Cap' category with a total capitalization of 2.53 M.

Market Cap

31.9 Million

Project Vicinity's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.26)(0.28)
Return On Capital Employed(0.28)(0.27)
Return On Assets(0.23)(0.24)
Return On Equity(1.06)(1.01)
The company has Net Profit Margin of (0.6) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.04) %, which entails that for every $100 of revenue, it lost $0.04.
When accessing Vicinity's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Vicinity's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Vicinity's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Vicinity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Vicinity Motor Corp. Check Vicinity's Beneish M Score to see the likelihood of Vicinity's management manipulating its earnings.

Evaluate Vicinity's management efficiency

Vicinity Motor Corp has Return on Asset of (0.0749) % which means that on every $100 spent on assets, it lost $0.0749. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.6619) %, meaning that it generated no profit with money invested by stockholders. Vicinity's management efficiency ratios could be used to measure how well Vicinity manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.28 in 2024. Return On Capital Employed is likely to climb to -0.27 in 2024. At this time, Vicinity's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 35.2 M in 2024, whereas Return On Tangible Assets are likely to drop (0.28) in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.98  1.03 
Tangible Book Value Per Share 0.70  0.73 
Enterprise Value Over EBITDA(7.15)(6.79)
Price Book Value Ratio 2.28  2.39 
Enterprise Value Multiple(7.15)(6.79)
Price Fair Value 2.28  2.39 
Enterprise Value72.8 M40 M
Vicinity Motor Corp benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Enterprise Value Revenue
0.9213
Revenue
29.6 M
Quarterly Revenue Growth
3.996
Revenue Per Share
0.649
Return On Equity
(0.66)
Vicinity time-series forecasting models is one of many Vicinity's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Vicinity's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Vicinity Earnings per Share Projection vs Actual

Vicinity Corporate Management

Danial BuckleChief OfficerProfile
Marion McGrathCorporate SecretaryProfile
Dan CourtneyDirector RelationsProfile
Yue WangChief EngineerProfile
Keith ParkerConsultantProfile
Jeff MaduraSenior SalesProfile
Brent PhillipsVice SalesProfile

Additional Tools for Vicinity Stock Analysis

When running Vicinity's price analysis, check to measure Vicinity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vicinity is operating at the current time. Most of Vicinity's value examination focuses on studying past and present price action to predict the probability of Vicinity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicinity's price. Additionally, you may evaluate how the addition of Vicinity to your portfolios can decrease your overall portfolio volatility.