SunLink Health Systems Inc (SSY) - Net Assets
Based on the latest financial reports, SunLink Health Systems Inc (SSY) has net assets worth $13.41 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.47 Million) and total liabilities ($4.06 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. Explore SunLink Health Systems Inc operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.41 Million |
| % of Total Assets | 76.74% |
| Annual Growth Rate | 0.82% |
| 5-Year Change | 16.23% |
| 10-Year Change | -52.4% |
| Growth Volatility | 50.68 |
SunLink Health Systems Inc - Net Assets Trend (1986–2024)
This chart illustrates how SunLink Health Systems Inc's net assets have evolved over time, based on quarterly financial data. Also explore SSY current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for SunLink Health Systems Inc (1986–2024)
The table below shows the annual net assets of SunLink Health Systems Inc from 1986 to 2024. For live valuation and market cap data, see SSY market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $15.97 Million | -8.29% |
| 2023-06-30 | $17.42 Million | -8.91% |
| 2022-06-30 | $19.12 Million | -8.12% |
| 2021-06-30 | $20.81 Million | +51.42% |
| 2020-06-30 | $13.74 Million | -8.64% |
| 2019-06-30 | $15.04 Million | -12.47% |
| 2018-06-30 | $17.19 Million | -20.78% |
| 2017-06-30 | $21.69 Million | +11.31% |
| 2016-06-30 | $19.49 Million | -41.93% |
| 2015-06-30 | $33.56 Million | +0.73% |
| 2014-06-30 | $33.32 Million | -1.26% |
| 2013-06-30 | $33.74 Million | +15.20% |
| 2012-06-30 | $29.29 Million | -6.88% |
| 2011-06-30 | $31.46 Million | -26.32% |
| 2010-06-30 | $42.69 Million | +0.71% |
| 2009-06-30 | $42.39 Million | +3.75% |
| 2008-06-30 | $40.86 Million | +13.42% |
| 2007-06-30 | $36.02 Million | +4.87% |
| 2006-06-30 | $34.35 Million | +17.24% |
| 2005-06-30 | $29.30 Million | +17.66% |
| 2004-06-30 | $24.90 Million | +284.74% |
| 2003-06-30 | $6.47 Million | +8.70% |
| 2002-06-30 | $5.96 Million | -38.17% |
| 2001-06-30 | $9.63 Million | 0.00% |
| 2001-03-31 | $9.63 Million | +1.24% |
| 2000-06-30 | $9.51 Million | +26.84% |
| 1999-06-30 | $7.50 Million | -58.56% |
| 1998-06-30 | $18.10 Million | +0.56% |
| 1997-06-30 | $18.00 Million | +24.14% |
| 1996-06-30 | $14.50 Million | +2.84% |
| 1995-06-30 | $14.10 Million | +33.02% |
| 1994-06-30 | $10.60 Million | +7.07% |
| 1993-06-30 | $9.90 Million | -2.94% |
| 1992-06-30 | $10.20 Million | +20.00% |
| 1991-06-30 | $8.50 Million | +46.55% |
| 1990-06-30 | $5.80 Million | -48.67% |
| 1989-06-30 | $11.30 Million | -33.14% |
| 1988-06-30 | $16.90 Million | +24.26% |
| 1987-06-30 | $13.60 Million | +16.24% |
| 1986-06-30 | $11.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SunLink Health Systems 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 83.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.48 Million | 9.25% |
| Common Stock | $3.52 Million | 22.04% |
| Other Comprehensive Income | $227.00K | 1.42% |
| Other Components | $10.75 Million | 67.28% |
| Total Equity | $15.97 Million | 100.00% |
SunLink Health Systems Inc Competitors by Market Cap
The table below lists competitors of SunLink Health Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XOX Technology Bhd
KLSE:0017
|
$7.85 Million |
|
Emerson Radio Corporation
NYSE MKT:MSN
|
$7.86 Million |
|
Tenon Medical Inc
NASDAQ:TNON
|
$7.86 Million |
|
Sanginita Chemicals Limited
NSE:SANGINITA
|
$7.86 Million |
|
NINE MILE METALS LTD
F:KQ9
|
$7.85 Million |
|
GENSOL ENGINEERING ORD (BSE)
NSE:GENSOL
|
$7.85 Million |
|
Norfolk Metals Ltd
AU:NFL
|
$7.85 Million |
|
Arb Bhd
KLSE:7181
|
$7.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SunLink Health Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,417,000 to 15,973,000, a change of -1,444,000 (-8.3%).
- Net loss of 1,527,000 reduced equity.
- Share repurchases of 6,000 reduced equity.
- Other comprehensive income increased equity by 77,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.53 Million | -9.56% |
| Share Repurchases | $6.00K | -0.04% |
| Other Comprehensive Income | $77.00K | +0.48% |
| Other Changes | $12.00K | +0.08% |
| Total Change | $- | -8.29% |
Book Value vs Market Value Analysis
This analysis compares SunLink Health Systems 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: 0.49x
- 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 |
|---|---|---|---|
| 1986-06-30 | $2.63 | $1.12 | x |
| 1987-06-30 | $2.92 | $1.12 | x |
| 1988-06-30 | $3.38 | $1.12 | x |
| 1989-06-30 | $2.36 | $1.12 | x |
| 1990-06-30 | $1.27 | $1.12 | x |
| 1991-06-30 | $1.85 | $1.12 | x |
| 1992-06-30 | $2.24 | $1.12 | x |
| 1993-06-30 | $2.17 | $1.12 | x |
| 1994-06-30 | $2.42 | $1.12 | x |
| 1995-06-30 | $2.74 | $1.12 | x |
| 1996-06-30 | $2.75 | $1.12 | x |
| 1997-06-30 | $3.43 | $1.12 | x |
| 1998-06-30 | $3.02 | $1.12 | x |
| 1999-06-30 | $1.47 | $1.12 | x |
| 2000-06-30 | $1.92 | $1.12 | x |
| 2001-06-30 | $2.01 | $1.12 | x |
| 2002-06-30 | $1.22 | $1.12 | x |
| 2003-06-30 | $1.22 | $1.12 | x |
| 2004-06-30 | $3.99 | $1.12 | x |
| 2005-06-30 | $3.80 | $1.12 | x |
| 2006-06-30 | $4.37 | $1.12 | x |
| 2007-06-30 | $4.61 | $1.12 | x |
| 2008-06-30 | $5.12 | $1.12 | x |
| 2009-06-30 | $5.21 | $1.12 | x |
| 2010-06-30 | $5.22 | $1.12 | x |
| 2011-06-30 | $3.88 | $1.12 | x |
| 2012-06-30 | $3.13 | $1.12 | x |
| 2013-06-30 | $3.57 | $1.12 | x |
| 2014-06-30 | $3.52 | $1.12 | x |
| 2015-06-30 | $3.53 | $1.12 | x |
| 2016-06-30 | $2.06 | $1.12 | x |
| 2017-06-30 | $2.32 | $1.12 | x |
| 2018-06-30 | $2.07 | $1.12 | x |
| 2019-06-30 | $2.10 | $1.12 | x |
| 2020-06-30 | $1.98 | $1.12 | x |
| 2021-06-30 | $2.98 | $1.12 | x |
| 2022-06-30 | $2.75 | $1.12 | x |
| 2023-06-30 | $2.48 | $1.12 | x |
| 2024-06-30 | $2.27 | $1.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SunLink Health Systems 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): -9.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.71%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 1.29x
- Recent ROE (-9.56%) is below the historical average (-0.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 17.09% | 2.20% | 1.80x | 4.31x | $830.00K |
| 1987 | -14.71% | -1.67% | 1.83x | 4.81x | $-3.36 Million |
| 1988 | 2.96% | 0.35% | 1.82x | 4.67x | $-1.19 Million |
| 1989 | 9.73% | 1.30% | 1.63x | 4.59x | $-30.00K |
| 1990 | -84.48% | -5.46% | 2.11x | 7.33x | $-5.48 Million |
| 1991 | 25.88% | 2.08% | 2.34x | 5.32x | $1.35 Million |
| 1992 | 14.71% | 1.51% | 2.14x | 4.55x | $480.00K |
| 1993 | 26.26% | 2.67% | 2.11x | 4.65x | $1.61 Million |
| 1994 | 13.21% | 1.55% | 2.09x | 4.08x | $340.00K |
| 1995 | 14.18% | 2.18% | 2.08x | 3.13x | $590.00K |
| 1996 | 8.28% | 1.25% | 2.26x | 2.92x | $-250.00K |
| 1997 | 11.67% | 1.88% | 2.23x | 2.78x | $300.00K |
| 1998 | 1.66% | 0.32% | 2.37x | 2.19x | $-1.51 Million |
| 1999 | -114.67% | -17.10% | 1.69x | 3.96x | $-9.35 Million |
| 2000 | 16.64% | 4.95% | 1.38x | 2.43x | $631.70K |
| 2001 | 4.96% | 1.15% | 0.74x | 5.87x | $-485.10K |
| 2002 | 13.99% | 0.95% | 1.80x | 8.16x | $237.50K |
| 2003 | 8.54% | 0.56% | 11.26x | 1.36x | $-94.30K |
| 2004 | 53.91% | 11.94% | 1.78x | 2.54x | $10.93 Million |
| 2005 | 15.49% | 3.53% | 1.97x | 2.23x | $1.61 Million |
| 2006 | 11.38% | 2.88% | 1.82x | 2.16x | $473.80K |
| 2007 | 3.88% | 0.97% | 1.85x | 2.16x | $-2.21 Million |
| 2008 | 4.02% | 1.02% | 1.42x | 2.77x | $-2.41 Million |
| 2009 | 2.18% | 0.46% | 1.86x | 2.57x | $-3.27 Million |
| 2010 | 0.24% | 0.05% | 2.01x | 2.34x | $-4.10 Million |
| 2011 | -34.14% | -5.91% | 2.02x | 2.85x | $-13.85 Million |
| 2012 | 3.69% | 0.74% | 1.85x | 2.70x | $-1.85 Million |
| 2013 | 13.30% | 4.15% | 1.59x | 2.02x | $1.11 Million |
| 2014 | -1.64% | -0.52% | 1.65x | 1.92x | $-3.88 Million |
| 2015 | 0.73% | 0.27% | 1.61x | 1.70x | $-3.11 Million |
| 2016 | -72.26% | -22.20% | 1.41x | 2.30x | $-16.03 Million |
| 2017 | 12.39% | 5.04% | 1.51x | 1.63x | $518.70K |
| 2018 | -9.27% | -3.01% | 2.02x | 1.52x | $-3.31 Million |
| 2019 | -13.27% | -4.38% | 1.87x | 1.62x | $-3.50 Million |
| 2020 | -4.26% | -1.23% | 1.71x | 2.04x | $-1.96 Million |
| 2021 | 33.11% | 16.93% | 1.29x | 1.52x | $4.81 Million |
| 2022 | -9.01% | -4.17% | 1.48x | 1.46x | $-3.63 Million |
| 2023 | -10.31% | -3.74% | 2.06x | 1.34x | $-3.54 Million |
| 2024 | -9.56% | -4.71% | 1.57x | 1.29x | $-3.12 Million |
Industry Comparison
This section compares SunLink Health Systems Inc's net assets metrics with peer companies in the Pharmaceutical Retailers industry.
Industry Context
- Industry: Pharmaceutical Retailers
- Average net assets among peers: $3,472,982,257
- Average return on equity (ROE) among peers: 18.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SunLink Health Systems Inc (SSY) | $13.41 Million | 17.09% | 0.30x | $7.85 Million |
| Bimi International Medical Inc (BIMI) | $29.81 Million | 0.30% | 0.44x | $1.40K |
| High Tide Inc (HITI) | $-9.66 Million | 0.00% | 0.00x | $210.08 Million |
| Hong Kong Pharma Digital Technology Holdings Limited Ordinary shares (HKPD) | $585.24K | 170.56% | 4.82x | $5.96 Million |
| PetMed Express Inc (PETS) | $109.97 Million | 4.67% | 0.55x | $46.65 Million |
| POMDOCTOR LIMITED American Depositary Shares (POM) | $703.00 Million | 7.54% | 3.09x | $12.36 Million |
| Ridgetech, Inc. (RDGT) | $14.29 Million | -29.62% | 5.65x | $1.28 Million |
| Scienture Holdings, Inc. (SCNX) | $844.67K | 1.07% | 1.64x | $15.89 Million |
| Walgreens Boots Alliance Inc (WBA) | $30.41 Billion | 14.26% | 1.96x | $10.37 Billion |
| Wellgistics Health, Inc. Common Stock (WGRX) | $-5.25K | 0.00% | 0.00x | $26.39 Million |
About SunLink Health Systems Inc
As of August 14, 2025, SunLink Health Systems, Inc. was acquired by Regional Health Properties, Inc. SunLink Health Systems, Inc., through its subsidiaries, provides healthcare products and services in the southeastern United States. The company operates through Healthcare Services and Pharmacy segments. It is also involved in provision of specialty and non-specialty pharmaceutical and biological… Read more