Empower Clinics Inc
Empower Clinics Inc., an integrated healthcare company, provides body and mind wellness services for patients through medical clinics, digital and telemedicine care, and medical diagnostics laboratories in the United States and Canada. The company also distributes medical devices. Empower Clinics Inc. was incorporated in 1997 and is headquartered in Vancouver, Canada.
Empower Clinics Inc (EPWCF) - Net Assets
Latest net assets as of September 2022: $-5.35 Million USD
Based on the latest financial reports, Empower Clinics Inc (EPWCF) has net assets worth $-5.35 Million USD as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.45 Million) and total liabilities ($8.80 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 | $-5.35 Million |
| % of Total Assets | -155.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Empower Clinics Inc - Net Assets Trend (2016–2021)
This chart illustrates how Empower Clinics 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 Empower Clinics Inc (2016–2021)
The table below shows the annual net assets of Empower Clinics Inc from 2016 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $-6.39 Million | -16.44% |
| 2020-12-31 | $-5.49 Million | -56.20% |
| 2019-12-31 | $-3.51 Million | -17.31% |
| 2018-12-31 | $-3.00 Million | -723.14% |
| 2017-12-31 | $-364.00K | -25.95% |
| 2016-12-31 | $-289.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Empower Clinics 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 5986484300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $52.88 Million | % |
| Other Components | $3.07 Million | % |
| Total Equity | $-6.39 Million | 100.00% |
Empower Clinics Inc Competitors by Market Cap
The table below lists competitors of Empower Clinics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
$7.70K |
|
Avance Gas Holding Ltd
PINK:AVACF
|
$7.70K |
|
Picomat Plastic JSC
VN:PCH
|
$7.70K |
|
Vietnam National Reinsurance
VN:VNR
|
$7.71K |
|
Forte Group Holdings Inc.
PINK:FGHFF
|
$7.69K |
|
Meridia Real Estate III Socimi SA
MC:YMRE
|
$7.69K |
|
Qben Infra AB (publ)
ST:QBEN
|
$7.68K |
|
Insan Inc.
KO:277410
|
$7.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empower Clinics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -5,490,401 to -6,392,941, a change of -902,540.
- Net loss of 32,256,315 reduced equity.
- Other factors increased equity by 31,353,775.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-32.26 Million | -504.56% |
| Other Changes | $31.35 Million | +490.44% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Empower Clinics 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 |
|---|---|---|---|
| 2017-12-31 | $-0.02 | $0.00 | x |
| 2018-12-31 | $-0.04 | $0.00 | x |
| 2019-12-31 | $-0.03 | $0.00 | x |
| 2020-12-31 | $-0.02 | $0.00 | x |
| 2021-12-31 | $-0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empower Clinics 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: -738.31%
- • Asset Turnover: 0.87x
- • 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 |
|---|---|---|---|---|---|
| 2016 | 0.00% | -10.07% | 41.05x | 0.00x | $-186.10K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-38.60K |
| 2018 | 0.00% | -347.26% | 2.12x | 0.00x | $-3.49 Million |
| 2019 | 0.00% | -211.74% | 1.31x | 0.00x | $-3.95 Million |
| 2020 | 0.00% | -531.79% | 0.35x | 0.00x | $-16.52 Million |
| 2021 | 0.00% | -738.31% | 0.87x | 0.00x | $-31.62 Million |
Industry Comparison
This section compares Empower Clinics Inc's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $250,407,165
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empower Clinics Inc (EPWCF) | $-5.35 Million | 0.00% | N/A | $7.69K |
| Addus HomeCare Corporation (ADUS) | $113.86 Million | 16.82% | 0.44x | $1.75 Billion |
| agilon health Inc (AGL) | $126.73 Million | -319.84% | 9.03x | $166.17 Million |
| Airsculpt Technologies Inc (AIRS) | $123.68 Million | 6.13% | 0.45x | $16.62 Million |
| Amedisys Inc (AMED) | $454.23 Million | -18.40% | 0.61x | $3.26 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $7.93 Million |
| American Oncology Network Inc. (AONC) | $226.04 Million | -0.05% | 0.10x | $112.23 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $225.22 Million |
| Arem Pacific Corporation (ARPC) | $-45.09K | 0.00% | 0.00x | $246.12K |
| Astrana Health Inc (ASTH) | $8.55 Million | -109.27% | 1.29x | $1.08 Billion |