Health In Tech, Inc. Class A Common Stock
Health In Tech, Inc. operates as an insurance technology platform company. The company offers reference-based pricing, group insurance captives, community health plans, and association health programs for small businesses; and enhance do it yourself benefit system (eDIYBS), a web-based SaaS quoting platform to quote health insurance for small and medium sized employers. It also provides health in… Read more
Health In Tech, Inc. Class A Common Stock (HIT) - Net Assets
Latest net assets as of September 2025: $17.16 Million USD
Based on the latest financial reports, Health In Tech, Inc. Class A Common Stock (HIT) has net assets worth $17.16 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($22.76 Million) and total liabilities ($5.60 Million). 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 | $17.16 Million |
| % of Total Assets | 75.4% |
| Annual Growth Rate | 204.48% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 106.74 |
Health In Tech, Inc. Class A Common Stock - Net Assets Trend (2022–2024)
This chart illustrates how Health In Tech, Inc. Class A Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Health In Tech, Inc. Class A Common Stock (2022–2024)
The table below shows the annual net assets of Health In Tech, Inc. Class A Common Stock from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.17 Million | +116.13% |
| 2023-12-31 | $6.09 Million | +329.62% |
| 2022-12-31 | $1.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Health In Tech, Inc. Class A Common Stock'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 grown by 396.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.94 Million | 29.93% |
| Common Stock | $54.62K | 0.41% |
| Other Components | $9.17 Million | 69.66% |
| Total Equity | $13.17 Million | 100.00% |
Health In Tech, Inc. Class A Common Stock Competitors by Market Cap
The table below lists competitors of Health In Tech, Inc. Class A Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Land Holdings Limited
PINK:KYBWF
|
$19.48 Million |
|
Ezfly International Travel Agent Co. Ltd.
TWO:2734
|
$19.49 Million |
|
Meditera Tibbi Malzeme Sanayi ve Ticaret AS
IS:MEDTR
|
$19.51 Million |
|
IAMU SA
RO:IAMU
|
$19.51 Million |
|
TOP Engineering Co. Ltd
KQ:065130
|
$19.48 Million |
|
105760
KQ:105760
|
$19.48 Million |
|
Lion Chemtech Co. Ltd
KQ:171120
|
$19.48 Million |
|
OHTL Public Company Limited
BK:OHTL
|
$19.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Health In Tech, Inc. Class A Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,093,226 to 13,169,028, a change of 7,075,802 (116.1%).
- Net income of 670,477 contributed positively to equity growth.
- New share issuances of 8,214,000 increased equity.
- Other factors decreased equity by 1,808,675.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $670.48K | +5.09% |
| Share Issuances | $8.21 Million | +62.37% |
| Other Changes | $-1.81 Million | -13.73% |
| Total Change | $- | 116.13% |
Book Value vs Market Value Analysis
This analysis compares Health In Tech, Inc. Class A Common Stock'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: 6.93x
- 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 87.50x to 6.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $0.02 | $1.70 | x |
| 2023-12-31 | $0.11 | $1.70 | x |
| 2024-12-31 | $0.25 | $1.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Health In Tech, Inc. Class A Common Stock 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): 5.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.44%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.20x
- Recent ROE (5.09%) is below the historical average (17.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.59% | 1.38% | 0.20x | 27.18x | $-25.31K |
| 2023 | 40.65% | 12.93% | 1.66x | 1.89x | $1.87 Million |
| 2024 | 5.09% | 3.44% | 1.24x | 1.20x | $-646.43K |
Industry Comparison
This section compares Health In Tech, Inc. Class A Common Stock's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Health In Tech, Inc. Class A Common Stock (HIT) | $17.16 Million | 7.59% | 0.33x | $19.48 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |