Medical Connections Holdings Inc
Medical Connections Holdings, Inc., through its subsidiary, Medical Connections, Inc., a healthcare staffing company, provides staffing services for allied professionals and nurses in the United States. The company offers recruiting and staffing services for permanent and temporary positions, with an option for the clients and candidates to choose the working arrangements. It serves hospitals and… Read more
Medical Connections Holdings Inc (MCTH) - Net Assets
Latest net assets as of September 2012: $164.41K USD
Based on the latest financial reports, Medical Connections Holdings Inc (MCTH) has net assets worth $164.41K USD as of September 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($187.48K) and total liabilities ($23.07K). 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 | $164.41K |
| % of Total Assets | 87.7% |
| Annual Growth Rate | -20.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 50.59 |
Medical Connections Holdings Inc - Net Assets Trend (2008–2011)
This chart illustrates how Medical Connections 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 Medical Connections Holdings Inc (2008–2011)
The table below shows the annual net assets of Medical Connections Holdings Inc from 2008 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $1.07 Million | -69.37% |
| 2010-12-31 | $3.49 Million | +53.32% |
| 2009-12-31 | $2.28 Million | +7.02% |
| 2008-12-31 | $2.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Medical Connections 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 1921048100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.13K | 1.60% |
| Other Components | $46.09 Million | 4313.82% |
| Total Equity | $1.07 Million | 100.00% |
Medical Connections Holdings Inc Competitors by Market Cap
The table below lists competitors of Medical Connections Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BOL Bancshares Inc. PFD
PINK:BOLBP
|
$0.91 |
|
Solar Enertech Corp
PINK:SOEN
|
$0.91 |
|
VisionGlobal Corporation
OTCGREY:VIZG
|
$0.91 |
|
Life Stem Genetics
PINK:LIFS
|
$0.91 |
|
Mucinno Holding Inc
PINK:MCNO
|
$0.91 |
|
Kenergy Scientific Inc
PINK:MSGP
|
$0.91 |
|
Obocon Inc
PINK:OBCN
|
$0.91 |
|
Global Ecology Corp
PINK:GLEC
|
$0.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Medical Connections Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 3,488,703 to 1,068,528, a change of -2,420,175 (-69.4%).
- Net loss of 3,714,910 reduced equity.
- Share repurchases of 350,388 reduced equity.
- Other factors increased equity by 1,645,123.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.71 Million | -347.67% |
| Share Repurchases | $350.39K | -32.79% |
| Other Changes | $1.65 Million | +153.96% |
| Total Change | $- | -69.37% |
Book Value vs Market Value Analysis
This analysis compares Medical Connections 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.00 | $0.00 | x |
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $0.00 | $0.00 | x |
| 2011-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Medical Connections 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): -347.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -55.85%
- • Asset Turnover: 3.81x
- • Equity Multiplier: 1.64x
- Recent ROE (-347.67%) is below the historical average (-316.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -354.90% | -106.72% | 2.76x | 1.21x | $-7.75 Million |
| 2009 | -339.13% | -125.77% | 2.46x | 1.09x | $-7.94 Million |
| 2010 | -223.11% | -99.72% | 1.96x | 1.14x | $-8.13 Million |
| 2011 | -347.67% | -55.85% | 3.81x | 1.64x | $-3.82 Million |
Industry Comparison
This section compares Medical Connections Holdings Inc's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $10,170,518,962
- Average return on equity (ROE) among peers: 2.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Medical Connections Holdings Inc (MCTH) | $164.41K | -354.90% | 0.14x | $0.91 |
| Adecco Group AG (AHEXF) | $1.28 Billion | -9.41% | 1.70x | $4.69 Billion |
| Atlantic International Corp. Common Stock (ATLN) | $-1.75 Million | 0.00% | 0.00x | $39.54 Million |
| Barrett Business Services Inc (BBSI) | $208.53 Million | 18.26% | 2.58x | $205.95 Million |
| BG Staffing Inc (BGSF) | $40.49 Million | 17.00% | 1.01x | $39.55 Million |
| Open Up Group Inc. (BNXYF) | $63.34 Billion | 11.01% | 0.52x | $871.90 Million |
| Career Design Center Co. Ltd. (CAEEF) | $4.63 Billion | 23.78% | 0.67x | $33.99 Million |
| CTPartners Executive Search Inc (CTPR) | $24.26 Million | -6.73% | 1.83x | $0.98 |
| The Caldwell Partners International Inc (CWLPF) | $13.93 Million | 2.66% | 0.10x | $16.39 Million |
| en-japan inc. (ENJPY) | $32.16 Billion | 13.05% | 0.52x | $190.42 Million |
| Futuris Company (FTRS) | $4.55 Million | -40.51% | 1.37x | $147.15 |