Advanced Health Intelligence Ltd.
Advanced Health Intelligence Ltd. operates as a mobile application and technology development company in Australia and internationally. It offers biometric health assessments, a multi-step process that employs facial scanning, heart rate measurements, body composition analysis, and cardiovascular fitness tests that evaluates an individual's health. The company also provides FaceScan, process that… Read more
Advanced Health Intelligence Ltd. (MYZQF) - Net Assets
Latest net assets as of December 2023: $-3.15 Million USD
Based on the latest financial reports, Advanced Health Intelligence Ltd. (MYZQF) has net assets worth $-3.15 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.12 Million) and total liabilities ($10.26 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.15 Million |
| % of Total Assets | -44.19% |
| Annual Growth Rate | 38.65% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 189.28 |
Advanced Health Intelligence Ltd. - Net Assets Trend (2019–2023)
This chart illustrates how Advanced Health Intelligence Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Advanced Health Intelligence Ltd. (2019–2023)
The table below shows the annual net assets of Advanced Health Intelligence Ltd. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $2.03 Million | -76.30% |
| 2022-06-30 | $8.56 Million | +332.51% |
| 2021-06-30 | $1.98 Million | +327.69% |
| 2020-06-30 | $462.51K | -15.72% |
| 2019-06-30 | $548.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advanced Health Intelligence Ltd.'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 5213543800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $76.01 Million | 3748.18% |
| Other Components | $1.32 Million | 65.01% |
| Total Equity | $2.03 Million | 100.00% |
Advanced Health Intelligence Ltd. Competitors by Market Cap
The table below lists competitors of Advanced Health Intelligence Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hempco Food and Fiber Inc
V:HEMP
|
$942.89K |
|
Flywheel Advanced Technology Inc
PINK:FWFW
|
$943.75K |
|
CJ CheilJedang Corp. Pfd. Series 1
KQ:097955
|
$943.92K |
|
UCHUMI SUPERMARKET LTD
RSE:USL
|
$944.53K |
|
Argent
JSE:ART
|
$941.59K |
|
ELEGANCE OPT.INT.HO.HD-10
F:5HW
|
$941.58K |
|
Idogen AB
ST:IDOGEN
|
$940.11K |
|
MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock
NASDAQ:STRC
|
$940.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Health Intelligence Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 8,555,387 to 2,027,882, a change of -6,527,505 (-76.3%).
- Net loss of 12,827,177 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other factors increased equity by 1,299,672.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.83 Million | -632.54% |
| Share Issuances | $5.00 Million | +246.56% |
| Other Changes | $1.30 Million | +64.09% |
| Total Change | $- | -76.30% |
Book Value vs Market Value Analysis
This analysis compares Advanced Health Intelligence Ltd.'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: 0.43x
- 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.
- The price-to-book ratio has decreased from 0.89x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $0.00 | $0.00 | x |
| 2020-06-30 | $0.00 | $0.00 | x |
| 2021-06-30 | $0.01 | $0.00 | x |
| 2022-06-30 | $0.05 | $0.00 | x |
| 2023-06-30 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Health Intelligence Ltd. 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): -632.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1958.83%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 4.39x
- Recent ROE (-632.54%) is above the historical average (-707.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -793.95% | -93803.27% | 0.00x | 4.79x | $-4.41 Million |
| 2020 | -1166.80% | -3858.57% | 0.05x | 6.39x | $-5.44 Million |
| 2021 | -710.84% | -2369.76% | 0.11x | 2.74x | $-14.26 Million |
| 2022 | -234.67% | -7793.84% | 0.02x | 1.25x | $-20.93 Million |
| 2023 | -632.54% | -1958.83% | 0.07x | 4.39x | $-13.03 Million |
Industry Comparison
This section compares Advanced Health Intelligence Ltd.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Health Intelligence Ltd. (MYZQF) | $-3.15 Million | -793.95% | N/A | $942.63K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |