The Joint Corp
The Joint Corp. operates and franchises chiropractic clinics in the United States. The company was incorporated in 2010 and is headquartered in Scottsdale, Arizona.
The Joint Corp (JYNT) - Net Assets
Latest net assets as of September 2025: $22.72 Million USD
Based on the latest financial reports, The Joint Corp (JYNT) has net assets worth $22.72 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 ($69.39 Million) and total liabilities ($46.66 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 | $22.72 Million |
| % of Total Assets | 32.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.12% |
| 10-Year Change | -0.01% |
| Growth Volatility | 97.55 |
The Joint Corp - Net Assets Trend (2012–2024)
This chart illustrates how The Joint Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Joint Corp (2012–2024)
The table below shows the annual net assets of The Joint Corp from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.68 Million | -16.53% |
| 2023-12-31 | $24.77 Million | -23.98% |
| 2022-12-31 | $32.59 Million | +7.52% |
| 2021-12-31 | $30.31 Million | +43.46% |
| 2020-12-31 | $21.13 Million | +269.31% |
| 2019-12-31 | $5.72 Million | +142.27% |
| 2018-12-31 | $2.36 Million | -51.80% |
| 2017-12-31 | $4.90 Million | -29.26% |
| 2016-12-31 | $6.93 Million | -66.51% |
| 2015-12-31 | $20.68 Million | +32.33% |
| 2014-12-31 | $15.63 Million | +1380.03% |
| 2013-12-31 | $-1.22 Million | -7.42% |
| 2012-12-31 | $-1.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Joint Corp'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 2556587400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.19K | 0.07% |
| Other Components | $48.34 Million | 234.06% |
| Total Equity | $20.65 Million | 100.00% |
The Joint Corp Competitors by Market Cap
The table below lists competitors of The Joint Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cloud Air Co.Ltd
KQ:036170
|
$66.69 Million |
|
Sunspring Metal Corp
TW:2062
|
$66.69 Million |
|
Autohellas S.A
PINK:AOHLF
|
$66.70 Million |
|
Quercus TFI SA
WAR:QRS
|
$66.74 Million |
|
Cartesian Therapeutics Inc.
NASDAQ:RNAC
|
$66.68 Million |
|
Spark I Acquisition Corp. Unit
NASDAQ:SPKLU
|
$66.67 Million |
|
Siem Industries S.A
PINK:SEMUF
|
$66.67 Million |
|
Perceptive Capital Solutions Corp Class A Ordinary Shares
NASDAQ:PCSC
|
$66.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Joint Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,746,882 to 20,653,119, a change of -4,093,763 (-16.5%).
- Net loss of 5,796,893 reduced equity.
- Share repurchases of 9,583 reduced equity.
- Other factors increased equity by 1,712,713.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.80 Million | -28.07% |
| Share Repurchases | $9.58K | -0.05% |
| Other Changes | $1.71 Million | +8.29% |
| Total Change | $- | -16.54% |
Book Value vs Market Value Analysis
This analysis compares The Joint Corp'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: 6.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-0.12 | $8.47 | x |
| 2013-12-31 | $-0.13 | $8.47 | x |
| 2014-12-31 | $2.87 | $8.47 | x |
| 2015-12-31 | $2.06 | $8.47 | x |
| 2016-12-31 | $0.55 | $8.47 | x |
| 2017-12-31 | $0.37 | $8.47 | x |
| 2018-12-31 | $0.17 | $8.47 | x |
| 2019-12-31 | $0.40 | $8.47 | x |
| 2020-12-31 | $1.45 | $8.47 | x |
| 2021-12-31 | $2.03 | $8.47 | x |
| 2022-12-31 | $2.19 | $8.47 | x |
| 2023-12-31 | $1.68 | $8.47 | x |
| 2024-12-31 | $1.36 | $8.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Joint Corp 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): -28.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.11%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 4.03x
- Recent ROE (-28.07%) is below the historical average (-19.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -26.44% | 0.31x | 0.00x | $-622.65K |
| 2013 | 0.00% | 2.61% | 0.61x | 0.00x | $277.72K |
| 2014 | -19.40% | -42.59% | 0.25x | 1.83x | $-4.59 Million |
| 2015 | -42.54% | -63.59% | 0.41x | 1.61x | $-10.87 Million |
| 2016 | -219.10% | -73.93% | 1.20x | 2.46x | $-15.87 Million |
| 2017 | -66.86% | -13.02% | 1.49x | 3.45x | $-3.77 Million |
| 2018 | 10.72% | 0.80% | 1.35x | 9.96x | $16.96K |
| 2019 | 58.10% | 6.86% | 1.11x | 7.64x | $2.75 Million |
| 2020 | 62.33% | 22.44% | 0.89x | 3.12x | $11.05 Million |
| 2021 | 24.98% | 9.46% | 0.92x | 2.87x | $4.54 Million |
| 2022 | 1.92% | 0.62% | 1.08x | 2.87x | $-2.63 Million |
| 2023 | -39.41% | -20.76% | 0.54x | 3.52x | $-12.23 Million |
| 2024 | -28.07% | -11.11% | 0.63x | 4.03x | $-7.86 Million |
Industry Comparison
This section compares The Joint Corp's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $250,407,165
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Joint Corp (JYNT) | $22.72 Million | 0.00% | 2.05x | $66.68 Million |
| Addus HomeCare Corporation (ADUS) | $113.86 Million | 16.82% | 0.44x | $1.75 Billion |
| agilon health Inc (AGL) | $126.73 Million | -319.84% | 9.03x | $166.17 Million |
| Airsculpt Technologies Inc (AIRS) | $123.68 Million | 6.13% | 0.45x | $16.62 Million |
| Amedisys Inc (AMED) | $454.23 Million | -18.40% | 0.61x | $3.26 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $7.93 Million |
| American Oncology Network Inc. (AONC) | $226.04 Million | -0.05% | 0.10x | $112.23 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $225.22 Million |
| Arem Pacific Corporation (ARPC) | $-45.09K | 0.00% | 0.00x | $246.12K |
| Astrana Health Inc (ASTH) | $8.55 Million | -109.27% | 1.29x | $1.08 Billion |