VSEE (VSee Health) Net Current Asset Value: $-0.17 (As of Mar. 2026)


VSEE VSee Health Inc VSEE
8 GF Score
Price $0.11
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What is VSee Health Net Current Asset Value?

VSee Health VSEE +0.09% 8 Net Current Asset Value is $-0.17 as of Mar. 2026. GuruFocus rates VSEE with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 275 Healthcare Providers & Services companies, VSee Health ranks worse than 363636% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

VSee Health's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.17.

The historical rank and industry rank for VSee Health's Net Current Asset Value or its related term are showing as below:

VSEE's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 5.95
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

VSee Health  (NAS:VSEE) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


VSee Health Net Current Asset Value Related Terms


VSee Health Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for VSee Health's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VSee Health Net Current Asset Value Chart

VSee Health Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
0.00 -0.10 -0.27 -1.04 -0.26

VSee Health Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.21 -1.30 -1.21 -0.26 -0.17

VSEE vs MGRX, HCTI, MNDR: Net Current Asset Value Comparison

For the Health Information Services subindustry, VSee Health's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VSee Health Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, VSee Health's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where VSee Health's Price-to-Net-Current-Asset-Value falls into.


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VSee Health Inc VSEE
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VSee Health Net Current Asset Value Calculation

VSee Health's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8.365-16.961-0-0)/33.193
=-0.26

VSee Health's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4.841-12.695-0-0)/47.299
=-0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of $-0.17 mean?
VSee Health (VSEE) has a Net Current Asset Value of $-0.17 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on VSee Health and its competitors. According to the industry distribution chart, VSee Health ranks #999999 out of 275 companies in the Healthcare Providers & Services industry.
Is VSee Health's Net Current Asset Value too high?
VSee Health's current Net Current Asset Value is $-0.17. Based on the distribution chart, VSee Health ranks #999999 out of 275 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, VSee Health has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does VSee Health's Net Current Asset Value compare to MGRX and HCTI?
According to the Healthcare Providers & Services industry distribution chart, VSee Health ranks #999999 out of 275 companies for Net Current Asset Value. This places VSee Health in the lower half of its industry. The industry median Net Current Asset Value is 5.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 5.95, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on VSee Health and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSee Health's current Net Current Asset Value is $-0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSee Health stock overvalued right now?
VSee Health (VSEE) has a current Net Current Asset Value of $-0.17. The current Net Current Asset Value is $-0.17. VSee Health's overall GF Score™ is 8/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For VSee Health (VSEE), the current Net Current Asset Value is $-0.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VSee Health Business Description

Address 980 N Federal Highway, Suite 304, Boca Raton, FL, USA, 33432
VSee Health Inc is a telehealth software platform offer a comprehensive telehealth platform for U.S. hospitals and enterprises. Through VSee Lab, the company offer a set of telehealth software building blocks, data connectors, and workflow templates that can be rapidly configured into the clients workflows. Companies offerings allow clinicians without programming experience to configure building blocks into their existing workflow without requiring programmers. These set of building blocks can connect to electronic medical record systems such as EPIC and Cerner via HL7, FHIR, and sFTP. The entire telehealth platform sits on a scalable server architecture and is HIPAA compliant and SOC2 externally audited.
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