Hinge Health, Inc. (HNGE) - Net Assets
Based on the latest financial reports, Hinge Health, Inc. (HNGE) has net assets worth $378.54 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($744.76 Million) and total liabilities ($366.23 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 HNGE financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $378.54 Million |
| % of Total Assets | 50.83% |
| Annual Growth Rate | -5.87% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.34 |
Hinge Health, Inc. - Net Assets Trend (2023–2025)
This chart illustrates how Hinge Health, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Hinge Health, Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Hinge Health, Inc. (2023–2025)
The table below shows the annual net assets of Hinge Health, Inc. from 2023 to 2025. For live valuation and market cap data, see Hinge Health, Inc. (HNGE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $378.54 Million | -9.16% |
| 2024-12-31 | $416.70 Million | -2.48% |
| 2023-12-31 | $427.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hinge Health, 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 54019400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-20.00K | -0.01% |
| Other Components | $1.43 Billion | 377.65% |
| Total Equity | $378.54 Million | 100.00% |
Hinge Health, Inc. Competitors by Market Cap
The table below lists competitors of Hinge Health, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bombardier Inc
TO:BBD-A
|
$2.54 Billion |
|
Afi Properties Ltd
TA:AFPR
|
$2.54 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
$2.54 Billion |
|
Taseko Mines Ltd
TO:TKO
|
$2.54 Billion |
|
Watsco Inc
NYSE:WSO-B
|
$2.54 Billion |
|
Celldex Therapeutics Inc
NASDAQ:CLDX
|
$2.54 Billion |
|
Orion Oyj A
HE:ORNAV
|
$2.54 Billion |
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$2.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hinge Health, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 416,702,000 to 378,536,000, a change of -38,166,000 (-9.2%).
- Net loss of 528,261,000 reduced equity.
- Share repurchases of 65,028,000 reduced equity.
- New share issuances of 255,675,000 increased equity.
- Other comprehensive income decreased equity by 87,999.
- Other factors increased equity by 299,535,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-528.26 Million | -139.55% |
| Share Repurchases | $65.03 Million | -17.18% |
| Share Issuances | $255.68 Million | +67.54% |
| Other Comprehensive Income | $-88.00K | -0.02% |
| Other Changes | $299.54 Million | +79.13% |
| Total Change | $- | -9.16% |
Book Value vs Market Value Analysis
This analysis compares Hinge Health, 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: 9.80x
- 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 increased from 8.29x to 9.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $5.48 | $45.43 | x |
| 2024-12-31 | $5.34 | $45.43 | x |
| 2025-12-31 | $4.63 | $45.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hinge Health, 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): -139.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -89.86%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.97x
- Recent ROE (-139.55%) is below the historical average (-55.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -25.31% | -36.94% | 0.47x | 1.46x | $-150.87 Million |
| 2024 | -2.86% | -3.06% | 0.58x | 1.62x | $-53.60 Million |
| 2025 | -139.55% | -89.86% | 0.79x | 1.97x | $-566.11 Million |
Industry Comparison
This section compares Hinge Health, 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: $517,935,083
- Average return on equity (ROE) among peers: -17.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hinge Health, Inc. (HNGE) | $378.54 Million | -25.31% | 0.97x | $2.54 Billion |
| Aclarion Inc (ACON) | $-5.73 Million | 0.00% | 0.00x | $1.99 Million |
| American Well Corp (AMWL) | $1.08 Billion | -24.95% | 0.12x | $90.87 Million |
| Heartbeam Inc (BEAT) | $63.68 Million | -15.38% | 0.96x | $30.37 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-3.06 Million | 0.00% | 0.00x | $6.51 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $1.65 Billion | -1.09% | 2.59x | $8.82 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $98.87 Million | -30.56% | 0.32x | $253.42 Million |
| CareCloud Inc. (CCLD) | $118.50K | -150.21% | 47.72x | $117.28 Million |
| Certara Inc (CERT) | $492.77 Million | -6.75% | 1.13x | $983.48 Million |
| CareMax Inc (CMAX) | $6.73 Million | 88.33% | 4.72x | $381.50 |
| Claritev Corporation (CTEV) | $1.79 Billion | -32.00% | 3.12x | $277.75 Million |
About Hinge Health, Inc.
Hinge Health, Inc. focuses on building a health system that scales and automates the delivery of care using technology. It designs its platform to address musculoskeletal system care (MSK), including acute injury, chronic pain, and post-surgical rehabilitation. The company also provides personalized and automated MSK care through AI-powered motion tracking technology and a proprietary electrical … Read more