BrightSpring Health Services, Inc. Tangible Equity Unit
BrightSpring Health Services, Inc. operates as a home and community-based healthcare services platform in the United States. It operates through two segments, Pharmacy Solutions and Provider Services. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations. It … Read more
BrightSpring Health Services, Inc. Tangible Equity Unit (BTSGU) - Net Assets
Latest net assets as of September 2025: $1.82 Billion USD
Based on the latest financial reports, BrightSpring Health Services, Inc. Tangible Equity Unit (BTSGU) has net assets worth $1.82 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.05 Billion) and total liabilities ($4.23 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 | $1.82 Billion |
| % of Total Assets | 30.1% |
| Annual Growth Rate | 18.38% |
| 5-Year Change | 124.59% |
| 10-Year Change | N/A |
| Growth Volatility | 69.78 |
BrightSpring Health Services, Inc. Tangible Equity Unit - Net Assets Trend (2019–2024)
This chart illustrates how BrightSpring Health Services, Inc. Tangible Equity Unit's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BrightSpring Health Services, Inc. Tangible Equity Unit (2019–2024)
The table below shows the annual net assets of BrightSpring Health Services, Inc. Tangible Equity Unit from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $1.65 Billion | +169.62% |
| 2023-09-30 | $612.55 Million | -21.88% |
| 2022-09-30 | $784.08 Million | -2.05% |
| 2021-09-30 | $800.46 Million | +8.85% |
| 2020-09-30 | $735.38 Million | +3.54% |
| 2019-09-30 | $710.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BrightSpring Health Services, Inc. Tangible Equity Unit'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 12787100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.74 Million | 0.11% |
| Other Comprehensive Income | $1.42 Million | 0.09% |
| Other Components | $1.87 Billion | 113.29% |
| Total Equity | $1.65 Billion | 100.00% |
BrightSpring Health Services, Inc. Tangible Equity Unit Competitors by Market Cap
The table below lists competitors of BrightSpring Health Services, Inc. Tangible Equity Unit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Telecom Corp Ltd
SHG:601728
|
$19.88 Billion |
|
Swedbank AB (publ)
PINK:SWDBF
|
$19.91 Billion |
|
Corpay Inc
NYSE:CPAY
|
$19.91 Billion |
|
Nippon Steel Corporation
PINK:NISTF
|
$19.91 Billion |
|
Moderna Inc
NASDAQ:MRNA
|
$19.86 Billion |
|
Pure Storage Inc
NYSE:PSTG
|
$19.86 Billion |
|
Zoom Video Communications Inc
NASDAQ:ZM
|
$19.86 Billion |
|
KONE Oyj
PINK:KNYJF
|
$19.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BrightSpring Health Services, Inc. Tangible Equity Unit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 584,740,000 to 1,647,855,000, a change of 1,063,115,000 (181.8%).
- Net loss of 18,062,000 reduced equity.
- Share repurchases of 650,000 reduced equity.
- New share issuances of 1,045,485,000 increased equity.
- Other comprehensive income decreased equity by 11,126,000.
- Other factors increased equity by 47,468,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.06 Million | -1.1% |
| Share Repurchases | $650.00K | -0.04% |
| Share Issuances | $1.05 Billion | +63.45% |
| Other Comprehensive Income | $-11.13 Million | -0.68% |
| Other Changes | $47.47 Million | +2.88% |
| Total Change | $- | 181.81% |
Book Value vs Market Value Analysis
This analysis compares BrightSpring Health Services, Inc. Tangible Equity Unit'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: 16.36x
- 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 decreased from 36.41x to 16.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | $3.84 | $139.72 | x |
| 2020-09-30 | $4.12 | $139.72 | x |
| 2021-09-30 | $4.53 | $139.72 | x |
| 2022-09-30 | $4.41 | $139.72 | x |
| 2023-09-30 | $3.42 | $139.72 | x |
| 2024-09-30 | $8.54 | $139.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BrightSpring Health Services, Inc. Tangible Equity Unit 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): -1.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.16%
- • Asset Turnover: 1.90x
- • Equity Multiplier: 3.60x
- Recent ROE (-1.10%) is above the historical average (-6.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -11.02% | -1.60% | 1.19x | 5.81x | $-138.07 Million |
| 2020 | 2.95% | 0.37% | 1.23x | 6.44x | $-49.69 Million |
| 2021 | 6.43% | 0.74% | 1.21x | 7.12x | $-27.68 Million |
| 2022 | -7.14% | -0.70% | 1.42x | 7.21x | $-129.38 Million |
| 2023 | -26.44% | -1.75% | 1.60x | 9.46x | $-213.08 Million |
| 2024 | -1.10% | -0.16% | 1.90x | 3.60x | $-182.85 Million |
Industry Comparison
This section compares BrightSpring Health Services, Inc. Tangible Equity Unit's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BrightSpring Health Services, Inc. Tangible Equity Unit (BTSGU) | $1.82 Billion | -11.02% | 2.32x | $19.86 Billion |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |