Cloud DX Inc
Cloud DX Inc. operates as a remote patient monitoring company in Canada and the United States. It offers Cloud DX Connected Health, an end-to-end virtual healthcare platform for monitoring patients with chronic illness, such as chronic obstructive pulmonary disease and congestive heart failure, as well as patients recovering from surgery. The company's Cloud DX Connected Health Kits includes its … Read more
Cloud DX Inc (CDXFF) - Net Assets
Latest net assets as of September 2024: $-23.29 Million USD
Based on the latest financial reports, Cloud DX Inc (CDXFF) has net assets worth $-23.29 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.94 Million) and total liabilities ($25.23 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-23.29 Million |
| % of Total Assets | -1201.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Cloud DX Inc - Net Assets Trend (2019–2023)
This chart illustrates how Cloud DX 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 Cloud DX Inc (2019–2023)
The table below shows the annual net assets of Cloud DX Inc from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-17.81 Million | -52.92% |
| 2022-12-31 | $-11.65 Million | -573.99% |
| 2021-12-31 | $-1.73 Million | +59.72% |
| 2020-12-31 | $-4.29 Million | -135.25% |
| 2019-12-31 | $-1.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cloud DX 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 4324257200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $42.71 Million | % |
| Total Equity | $-17.81 Million | 100.00% |
Cloud DX Inc Competitors by Market Cap
The table below lists competitors of Cloud DX Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Philippos Nakas S.A
AT:NAKAS
|
$5.03 Million |
|
Swift Tv Ltd
AU:STV
|
$5.04 Million |
|
Aseana Properties Limited
LSE:ASPL
|
$5.04 Million |
|
Moatech Co. Ltd
KQ:033200
|
$5.04 Million |
|
AGES Industri AB (publ)
ST:AGES-B
|
$5.03 Million |
|
Ramp Metals Inc.
V:RAMP
|
$5.03 Million |
|
ELL ENVIRON.HLDGS HD-0001
F:6EL
|
$5.03 Million |
|
FABFF
PINK:FABFF
|
$5.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cloud DX Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -11,646,707 to -17,810,062, a change of -6,163,355.
- Net loss of 10,345,613 reduced equity.
- New share issuances of 726,940 increased equity.
- Other factors increased equity by 3,455,318.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.35 Million | -58.09% |
| Share Issuances | $726.94K | +4.08% |
| Other Changes | $3.46 Million | +19.4% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Cloud DX 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 |
|---|---|---|---|
| 2019-12-31 | $-0.03 | $0.08 | x |
| 2020-12-31 | $-0.06 | $0.08 | x |
| 2021-12-31 | $-0.02 | $0.08 | x |
| 2022-12-31 | $-0.16 | $0.08 | x |
| 2023-12-31 | $-0.19 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cloud DX 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -570.99%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -499.42% | 0.30x | 0.00x | $-5.38 Million |
| 2021 | 0.00% | -1438.95% | 0.24x | 0.00x | $-11.08 Million |
| 2022 | 0.00% | -910.55% | 0.51x | 0.00x | $-9.45 Million |
| 2023 | 0.00% | -570.99% | 0.89x | 0.00x | $-8.56 Million |
Industry Comparison
This section compares Cloud DX 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: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cloud DX Inc (CDXFF) | $-23.29 Million | 0.00% | N/A | $5.03 Million |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |