TruBridge Inc. (TBRG) - Net Assets
Based on the latest financial reports, TruBridge Inc. (TBRG) has net assets worth $180.36 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 ($399.41 Million) and total liabilities ($219.05 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 tangible net worth ratio of TruBridge Inc. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $180.36 Million |
| % of Total Assets | 45.16% |
| Annual Growth Rate | 13.57% |
| 5-Year Change | -15.65% |
| 10-Year Change | 123.83% |
| Growth Volatility | 29.95 |
TruBridge Inc. - Net Assets Trend (2000–2024)
This chart illustrates how TruBridge Inc.'s net assets have evolved over time, based on quarterly financial data. See TruBridge Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TruBridge Inc. (2000–2024)
The table below shows the annual net assets of TruBridge Inc. from 2000 to 2024. For live valuation and market cap data, see TBRG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $168.69 Million | -9.60% |
| 2023-12-31 | $186.62 Million | -19.46% |
| 2022-12-31 | $231.71 Million | +4.11% |
| 2021-12-31 | $222.57 Million | +11.29% |
| 2020-12-31 | $200.00 Million | +8.49% |
| 2019-12-31 | $184.35 Million | +15.37% |
| 2018-12-31 | $159.78 Million | +17.41% |
| 2017-12-31 | $136.09 Million | -13.85% |
| 2016-12-31 | $157.97 Million | +109.60% |
| 2015-12-31 | $75.37 Million | -6.70% |
| 2014-12-31 | $80.78 Million | +16.93% |
| 2013-12-31 | $69.08 Million | +20.77% |
| 2012-12-31 | $57.20 Million | -0.32% |
| 2011-12-31 | $57.38 Million | +23.50% |
| 2010-12-31 | $46.46 Million | +8.84% |
| 2009-12-31 | $42.69 Million | +5.26% |
| 2008-12-31 | $40.56 Million | +5.68% |
| 2007-12-31 | $38.38 Million | -0.85% |
| 2006-12-31 | $38.71 Million | +6.37% |
| 2005-12-31 | $36.39 Million | +30.73% |
| 2004-12-31 | $27.83 Million | +8.08% |
| 2003-12-31 | $25.75 Million | +25.75% |
| 2002-12-31 | $20.48 Million | +104.05% |
| 2001-12-31 | $10.04 Million | +26.15% |
| 2000-12-31 | $7.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TruBridge 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 290.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.00K | 0.01% |
| Other Comprehensive Income | $45.00K | 0.03% |
| Other Components | $183.59 Million | 108.83% |
| Total Equity | $168.69 Million | 100.00% |
TruBridge Inc. Competitors by Market Cap
The table below lists competitors of TruBridge Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kaplamin Ambalaj Sanayi ve Ticaret AS
IS:KAPLM
|
$277.28 Million |
|
Jiangsu Daybright Intelligent Electric Co Ltd
SHE:300670
|
$277.33 Million |
|
RiverNorth Managed Duration Municipal Income Fund Inc
NYSE:RMM
|
$277.34 Million |
|
Autosports Group Ltd
AU:ASG
|
$277.35 Million |
|
Dufu Tech Corp Bhd
KLSE:7233
|
$277.17 Million |
|
enCore Energy Corp. Common Shares
NYSE MKT:EU
|
$277.13 Million |
|
SilverBox Corp V
NYSE:SBXE
|
$277.10 Million |
|
Liaoning SG Automotive Group Co Ltd
SHG:600303
|
$277.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TruBridge Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 186,618,000 to 168,695,000, a change of -17,923,000 (-9.6%).
- Net loss of 20,439,000 reduced equity.
- Share repurchases of 404,000 reduced equity.
- Other comprehensive income increased equity by 45,000.
- Other factors increased equity by 2,875,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.44 Million | -12.12% |
| Share Repurchases | $404.00K | -0.24% |
| Other Comprehensive Income | $45.00K | +0.03% |
| Other Changes | $2.88 Million | +1.7% |
| Total Change | $- | -9.60% |
Book Value vs Market Value Analysis
This analysis compares TruBridge 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: 2.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 30.48x to 2.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.86 | $26.11 | x |
| 2001-12-31 | $1.08 | $26.11 | x |
| 2002-12-31 | $2.04 | $26.11 | x |
| 2003-12-31 | $2.44 | $26.11 | x |
| 2004-12-31 | $2.64 | $26.11 | x |
| 2005-12-31 | $3.42 | $26.11 | x |
| 2006-12-31 | $3.61 | $26.11 | x |
| 2007-12-31 | $3.57 | $26.11 | x |
| 2008-12-31 | $3.73 | $26.11 | x |
| 2009-12-31 | $3.90 | $26.11 | x |
| 2010-12-31 | $4.24 | $26.11 | x |
| 2011-12-31 | $5.20 | $26.11 | x |
| 2012-12-31 | $5.17 | $26.11 | x |
| 2013-12-31 | $6.22 | $26.11 | x |
| 2014-12-31 | $7.33 | $26.11 | x |
| 2015-12-31 | $6.77 | $26.11 | x |
| 2016-12-31 | $11.92 | $26.11 | x |
| 2017-12-31 | $10.14 | $26.11 | x |
| 2018-12-31 | $11.78 | $26.11 | x |
| 2019-12-31 | $13.38 | $26.11 | x |
| 2020-12-31 | $14.25 | $26.11 | x |
| 2021-12-31 | $15.54 | $26.11 | x |
| 2022-12-31 | $16.14 | $26.11 | x |
| 2023-12-31 | $13.15 | $26.11 | x |
| 2024-12-31 | $11.80 | $26.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TruBridge 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): -12.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.97%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.34x
- Recent ROE (-12.12%) is below the historical average (26.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 61.48% | 9.94% | 3.39x | 1.82x | $4.10 Million |
| 2001 | 54.29% | 9.13% | 3.46x | 1.72x | $4.45 Million |
| 2002 | 52.00% | 14.44% | 2.55x | 1.41x | $8.60 Million |
| 2003 | 30.54% | 9.67% | 2.61x | 1.21x | $5.29 Million |
| 2004 | 25.38% | 8.55% | 2.29x | 1.30x | $4.28 Million |
| 2005 | 40.04% | 13.39% | 2.32x | 1.29x | $10.93 Million |
| 2006 | 40.86% | 13.64% | 2.42x | 1.24x | $11.94 Million |
| 2007 | 33.65% | 11.74% | 2.18x | 1.31x | $9.08 Million |
| 2008 | 38.06% | 12.90% | 2.26x | 1.30x | $11.38 Million |
| 2009 | 35.56% | 11.89% | 2.35x | 1.28x | $10.91 Million |
| 2010 | 40.33% | 12.23% | 2.44x | 1.35x | $14.09 Million |
| 2011 | 45.02% | 14.89% | 2.29x | 1.32x | $20.09 Million |
| 2012 | 52.40% | 16.35% | 2.35x | 1.36x | $24.25 Million |
| 2013 | 47.40% | 16.30% | 2.17x | 1.34x | $25.83 Million |
| 2014 | 40.75% | 16.08% | 2.06x | 1.23x | $24.84 Million |
| 2015 | 24.34% | 10.07% | 1.96x | 1.23x | $10.81 Million |
| 2016 | 2.47% | 1.46% | 0.79x | 2.15x | $-11.90 Million |
| 2017 | -12.57% | -6.17% | 0.87x | 2.34x | $-30.71 Million |
| 2018 | 10.66% | 6.08% | 0.82x | 2.15x | $1.06 Million |
| 2019 | 11.10% | 7.45% | 0.77x | 1.93x | $2.03 Million |
| 2020 | 7.12% | 5.39% | 0.81x | 1.63x | $-5.75 Million |
| 2021 | 8.28% | 6.57% | 0.73x | 1.72x | $-3.83 Million |
| 2022 | 6.85% | 4.86% | 0.76x | 1.86x | $-7.30 Million |
| 2023 | -24.54% | -13.49% | 0.78x | 2.33x | $-64.45 Million |
| 2024 | -12.12% | -5.97% | 0.87x | 2.34x | $-37.31 Million |
Industry Comparison
This section compares TruBridge 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: $382,015,314
- Average return on equity (ROE) among peers: -181.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TruBridge Inc. (TBRG) | $180.36 Million | 61.48% | 1.21x | $277.27 Million |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.81 Million |
| American Well Corp (AMWL) | $374.94 Million | -23.25% | 0.33x | $128.02 Million |
| Heartbeam Inc (BEAT) | $2.37 Million | -540.31% | 0.70x | $38.42 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $4.96 Million | -140.89% | 0.12x | $6.51 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $800.46 Million | 6.22% | 5.89x | $10.63 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $-46.13 Million | 0.00% | 0.00x | $271.31 Million |
| CareCloud, Inc. (CCLD) | $97.93 Million | 2.90% | 0.44x | $93.06 Million |
| Certara Inc (CERT) | $822.13 Million | -6.01% | 0.54x | $959.61 Million |
| CareMax Inc (CMAX) | $61.44 Million | -1112.15% | 9.14x | $381.50 |
| Claritev Corporation (CTEV) | $1.71 Billion | -5.37% | 3.08x | $460.29 Million |
About TruBridge Inc.
TruBridge, Inc. provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally. The company operates in two segments, Financial Health and Patient Care. It focuses on providing revenue cycle management (RCM) solutions for care settings, and analytics and business intelligence. The company also provides acute care … Read more