Talkspace Inc (TALK) - Net Assets
Based on the latest financial reports, Talkspace Inc (TALK) has net assets worth $109.11 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 ($129.06 Million) and total liabilities ($19.95 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. Check Talkspace Inc (TALK) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $109.11 Million |
| % of Total Assets | 84.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.19 |
Talkspace Inc - Net Assets Trend (2019–2024)
This chart illustrates how Talkspace Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Talkspace Inc.
Annual Net Assets for Talkspace Inc (2019–2024)
The table below shows the annual net assets of Talkspace Inc from 2019 to 2024. Also explore net asset growth rate of Talkspace Inc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $117.39 Million | -1.05% |
| 2023-12-31 | $118.65 Million | -6.97% |
| 2022-12-31 | $127.54 Million | -33.67% |
| 2021-12-31 | $192.27 Million | +294.42% |
| 2020-12-31 | $-98.90 Million | -24.25% |
| 2019-12-31 | $-79.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Talkspace 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 18281800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.00K | 0.01% |
| Other Comprehensive Income | $2.00K | 0.00% |
| Other Components | $386.61 Million | 329.33% |
| Total Equity | $117.39 Million | 100.00% |
Talkspace Inc Competitors by Market Cap
The table below lists competitors of Talkspace Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qurient Co. Ltd
KQ:115180
|
$650.26 Million |
|
Yuhuan CNC Machine Tool Co Ltd
SHE:002903
|
$650.29 Million |
|
Zhongzhu Medical Holdings Co Ltd
SHG:600568
|
$650.31 Million |
|
Wuxi Xuelang Environmental Technology Co Ltd
SHE:300385
|
$650.32 Million |
|
Evotec SE
XETRA:EVT
|
$649.65 Million |
|
PNE AG
XETRA:PNE3
|
$649.60 Million |
|
Nova Technology
TWO:6613
|
$649.56 Million |
|
Shanghai Sanyou Medical Co Ltd
SHG:688085
|
$649.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Talkspace Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 118,646,000 to 117,395,000, a change of -1,251,000 (-1.1%).
- Net income of 1,148,000 contributed positively to equity growth.
- Share repurchases of 11,003,000 reduced equity.
- Other comprehensive income increased equity by 2,000.
- Other factors increased equity by 8,602,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.15 Million | +0.98% |
| Share Repurchases | $11.00 Million | -9.37% |
| Other Comprehensive Income | $2.00K | +0.0% |
| Other Changes | $8.60 Million | +7.33% |
| Total Change | $- | -1.05% |
Book Value vs Market Value Analysis
This analysis compares Talkspace 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: 21.95x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.60 | $14.60 | x |
| 2020-12-31 | $-0.60 | $14.60 | x |
| 2021-12-31 | $1.25 | $14.60 | x |
| 2022-12-31 | $0.81 | $14.60 | x |
| 2023-12-31 | $0.72 | $14.60 | x |
| 2024-12-31 | $0.67 | $14.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Talkspace 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): 0.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.61%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.18x
- Recent ROE (0.98%) is above the historical average (-18.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -76.19% | 0.91x | 0.00x | $-21.13 Million |
| 2020 | 0.00% | -29.36% | 2.32x | 0.00x | $-12.48 Million |
| 2021 | -32.63% | -55.20% | 0.51x | 1.16x | $-81.97 Million |
| 2022 | -62.47% | -66.63% | 0.77x | 1.23x | $-92.43 Million |
| 2023 | -16.17% | -12.78% | 1.06x | 1.20x | $-31.05 Million |
| 2024 | 0.98% | 0.61% | 1.35x | 1.18x | $-10.59 Million |
Industry Comparison
This section compares Talkspace Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $547,415,744
- Average return on equity (ROE) among peers: -51.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Talkspace Inc (TALK) | $109.11 Million | 0.00% | 0.18x | $649.77 Million |
| Aclarion Inc (ACON) | $2.23 Million | -317.55% | 0.31x | $1.37 Million |
| American Well Corp (AMWL) | $1.08 Billion | -24.95% | 0.12x | $133.17 Million |
| Heartbeam Inc (BEAT) | $249.70 Million | -6.39% | 1.10x | $23.70 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-540.52K | 0.00% | 0.00x | $5.74 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $612.55 Million | -25.24% | 8.03x | $10.63 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $-70.63 Million | 0.00% | 0.00x | $377.32 Million |
| CareCloud, Inc. (CCLD) | $41.72 Million | -116.68% | 0.87x | $94.76 Million |
| Certara Inc (CERT) | $492.05 Million | -1.81% | 1.11x | $1.12 Billion |
| CareMax Inc (CMAX) | $505.37 Million | -1.32% | 0.29x | $381.50 |
| Claritev Corporation (CTEV) | $2.56 Billion | -20.35% | 2.24x | $555.59 Million |
About Talkspace Inc
Talkspace, Inc. operates as a virtual behavioral healthcare company that connects patients with licensed mental health providers in the United States. The company provides psychotherapy and psychiatry services to treat various mental health conditions, such as depression, anxiety, trauma, and other fields of human challenges by operating an online platform for one-on-one therapy delivered through… Read more