DAVITA HLTH CARE
DAVITA HLTH CARE operates in Diversified Metals & Mining.
DAVITA HLTH CARE (TRL) - Net Assets
Latest net assets as of September 2024: €2.22 Billion EUR
Based on the latest financial reports, DAVITA HLTH CARE (TRL) has net assets worth €2.22 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€17.50 Billion) and total liabilities (€15.28 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.22 Billion |
| % of Total Assets | 12.68% |
| Annual Growth Rate | -7.82% |
| 5-Year Change | 18.29% |
| 10-Year Change | N/A |
| Growth Volatility | 22.04 |
DAVITA HLTH CARE - Net Assets Trend (2016–2023)
This chart illustrates how DAVITA HLTH CARE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DAVITA HLTH CARE (2016–2023)
The table below shows the annual net assets of DAVITA HLTH CARE from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €2.74 Billion | +23.31% |
| 2022-12-31 | €2.22 Billion | -6.17% |
| 2021-12-31 | €2.37 Billion | -18.15% |
| 2020-12-31 | €2.90 Billion | +24.90% |
| 2019-12-31 | €2.32 Billion | -40.66% |
| 2018-12-31 | €3.91 Billion | -20.01% |
| 2017-12-31 | €4.89 Billion | +0.75% |
| 2016-12-31 | €4.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DAVITA HLTH CARE's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 83.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €598.29 Million | 56.65% |
| Other Components | €457.81 Million | 43.35% |
| Total Equity | €1.06 Billion | 100.00% |
DAVITA HLTH CARE Competitors by Market Cap
The table below lists competitors of DAVITA HLTH CARE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
bioAffinity Technologies Inc. Warrant
NASDAQ:BIAFW
|
$1.25 Million |
|
DTE ENERGY - Dusseldorf Stock Exchang
DU:DGY
|
$1.25 Million |
|
DevvStream Corp. Common Stock
NASDAQ:DEVS
|
$1.25 Million |
|
Aquaporin AS
CO:AQP
|
$1.25 Million |
|
Mawson Infrastructure Group Inc
NASDAQ:MIGI
|
$1.25 Million |
|
Rex Industry Bhd
KLSE:9946
|
$1.25 Million |
|
Xinda International Corp
PINK:XNDA
|
$1.25 Million |
|
GSP Resource Corp
PINK:GSRCF
|
$1.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DAVITA HLTH CARE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 712,326,000 to 1,056,097,000, a change of 343,771,000 (48.3%).
- Net income of 691,535,000 contributed positively to equity growth.
- Share repurchases of 320,331,000 reduced equity.
- Other factors decreased equity by 27,433,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €691.53 Million | +65.48% |
| Share Repurchases | €320.33 Million | -30.33% |
| Other Changes | €-27.43 Million | -2.6% |
| Total Change | €- | 48.26% |
Book Value vs Market Value Analysis
This analysis compares DAVITA HLTH CARE's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.18x to 11.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €25.70 | €133.24 | x |
| 2018-12-31 | €22.26 | €133.24 | x |
| 2019-12-31 | €16.95 | €133.24 | x |
| 2020-12-31 | €12.59 | €133.24 | x |
| 2021-12-31 | €7.77 | €133.24 | x |
| 2022-12-31 | €7.88 | €133.24 | x |
| 2023-12-31 | €11.89 | €133.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DAVITA HLTH CARE utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 65.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.70%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 16.00x
- Recent ROE (65.48%) is above the historical average (50.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.93% | 5.97% | 0.79x | 4.03x | €415.07 Million |
| 2017 | 14.15% | 6.10% | 0.57x | 4.04x | €194.62 Million |
| 2018 | 4.30% | 1.40% | 0.60x | 5.16x | €-210.95 Million |
| 2019 | 38.01% | 7.12% | 0.66x | 8.11x | €597.64 Million |
| 2020 | 55.92% | 6.70% | 0.68x | 12.28x | €635.29 Million |
| 2021 | 129.51% | 8.42% | 0.68x | 22.66x | €902.90 Million |
| 2022 | 78.67% | 4.83% | 0.69x | 23.76x | €489.17 Million |
| 2023 | 65.48% | 5.70% | 0.72x | 16.00x | €585.93 Million |
Industry Comparison
This section compares DAVITA HLTH CARE's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DAVITA HLTH CARE (TRL) | €2.22 Billion | 18.93% | 6.89x | $1.25 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |