MedAvail Holdings Inc
MedAvail Holdings, Inc., a technology-enabled retail pharmacy technology and services company, develops and commercializes self-service pharmacy, mobile application, and kiosk solutions in the United States and Canada. It offers a pharmacy technology solution, including the MedAvail MedCenter, which enables on-site pharmacy in medical clinics, retail store locations, employer sites with and witho… Read more
MedAvail Holdings Inc (MDVLQ) - Net Assets
Latest net assets as of June 2023: $23.05 Million USD
Based on the latest financial reports, MedAvail Holdings Inc (MDVLQ) has net assets worth $23.05 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.91 Million) and total liabilities ($6.86 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 | $23.05 Million |
| % of Total Assets | 77.05% |
| Annual Growth Rate | 25.55% |
| 5-Year Change | 638.18% |
| 10-Year Change | N/A |
| Growth Volatility | 1399.31 |
MedAvail Holdings Inc - Net Assets Trend (2017–2023)
This chart illustrates how MedAvail Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MedAvail Holdings Inc (2017–2023)
The table below shows the annual net assets of MedAvail Holdings Inc from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $20.82 Million | +9.18% |
| 2022-06-30 | $19.07 Million | -68.77% |
| 2021-06-30 | $61.07 Million | +163.19% |
| 2020-06-30 | $-96.64 Million | -3525.91% |
| 2019-06-30 | $2.82 Million | -35.36% |
| 2018-06-30 | $4.36 Million | -17.94% |
| 2017-06-30 | $5.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MedAvail Holdings Inc'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 21192000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $81.00K | 0.39% |
| Other Comprehensive Income | $-6.93 Million | -33.27% |
| Other Components | $267.38 Million | 1283.98% |
| Total Equity | $20.82 Million | 100.00% |
MedAvail Holdings Inc Competitors by Market Cap
The table below lists competitors of MedAvail Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zortrax SA
WAR:ZRX
|
$161.14 |
|
First State Financial Corporation
PINK:FSTF
|
$161.28 |
|
ARIANA RESOURCESLS -001
F:4A6
|
$161.41 |
|
Bristol Water Holdings UK Limited 8.75% CUM IRRD PRF GBP1
LSE:BWRA
|
$162.11 |
|
EMBRY HOLDINGS
BE:E3S
|
$160.64 |
|
TransAtlantic Capital Inc
PINK:TACI
|
$160.57 |
|
Vantage Equities Inc
PSE:V
|
$160.31 |
|
ADHI KARYA
MU:KM6
|
$160.26 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MedAvail Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 19,073,000 to 20,824,000, a change of 1,751,000 (9.2%).
- Net loss of 47,616,000 reduced equity.
- New share issuances of 46,962,000 increased equity.
- Other factors increased equity by 2,405,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-47.62 Million | -228.66% |
| Share Issuances | $46.96 Million | +225.52% |
| Other Changes | $2.40 Million | +11.55% |
| Total Change | $- | 9.18% |
Book Value vs Market Value Analysis
This analysis compares MedAvail Holdings Inc'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | $663.92 | $0.00 | x |
| 2018-06-30 | $445.68 | $0.00 | x |
| 2019-06-30 | $237.10 | $0.00 | x |
| 2020-06-30 | $-1529.94 | $0.00 | x |
| 2021-06-30 | $533.62 | $0.00 | x |
| 2022-06-30 | $29.20 | $0.00 | x |
| 2023-06-30 | $15.83 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MedAvail Holdings Inc 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): -228.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -110.45%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.59x
- Recent ROE (-228.66%) is below the historical average (-113.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -81.63% | -1327.52% | 0.05x | 1.12x | $-4.87 Million |
| 2018 | -92.99% | -771.48% | 0.11x | 1.10x | $-4.49 Million |
| 2019 | -114.25% | -895.28% | 0.08x | 1.58x | $-3.51 Million |
| 2020 | 0.00% | -571.02% | 0.21x | 0.00x | $-11.87 Million |
| 2021 | -43.90% | -191.94% | 0.20x | 1.14x | $-32.92 Million |
| 2022 | -229.72% | -198.00% | 0.58x | 2.00x | $-45.72 Million |
| 2023 | -228.66% | -110.45% | 1.30x | 1.59x | $-49.70 Million |
Industry Comparison
This section compares MedAvail Holdings Inc's net assets metrics with peer companies in the Pharmaceutical Retailers industry.
Industry Context
- Industry: Pharmaceutical Retailers
- Average net assets among peers: $239,198,060
- Average return on equity (ROE) among peers: -6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MedAvail Holdings Inc (MDVLQ) | $23.05 Million | -81.63% | 0.30x | $161.00 |
| Alibaba Health Information Technology Limited (ALBBY) | $1.12 Billion | -18.54% | 0.50x | $12.50 Billion |
| Allstar Health Brands Inc (ALST) | $-9.92 Million | 0.00% | 0.00x | $3.80 |
| Bimi International Medical Inc (BIMI) | $-409.66K | 0.00% | 0.00x | $296.83 |
| Blum Holdings Inc (BLMH) | $-4.74 Million | 0.00% | 0.00x | $8.97 Million |
| China Jo-Jo Drugstores Inc (CJJD) | $26.66 Million | -21.17% | 1.52x | $5.94 Million |
| Clicks Group Ltd (CLCGY) | $1.13 Billion | 41.98% | 2.72x | $4.80 Billion |
| China BCT Pharmacy Group Inc (CNBI) | $134.27 Million | 15.68% | 0.82x | $0.93 |
| Dalrada Financial Corp (DFCO) | $4.40 Million | -81.82% | 0.55x | $1.57 Million |
| Health Advance Inc (HADV) | $-105.34K | 0.00% | 0.00x | $25.40K |
| Healthwarehouse.Com (HEWA) | $-3.10 Million | 0.00% | 0.00x | $741.12 |