Nova Leap Health Corp
Nova Leap Health Corp., together with its subsidiaries, provides home and home health care services in the United States and Canada. Its services include dementia care, companionship, personal and skilled nursing care, respite care, cooking and meal preparation, bathing, dressing, grooming, housekeeping, errands, transportation, medication reminders, medication administration by nursing staff, da… Read more
Nova Leap Health Corp (NVLPF) - Net Assets
Latest net assets as of September 2025: $18.75 Million USD
Based on the latest financial reports, Nova Leap Health Corp (NVLPF) has net assets worth $18.75 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.59 Million) and total liabilities ($4.83 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 | $18.75 Million |
| % of Total Assets | 79.5% |
| Annual Growth Rate | 68.03% |
| 5-Year Change | 85.42% |
| 10-Year Change | N/A |
| Growth Volatility | 359.15 |
Nova Leap Health Corp - Net Assets Trend (2016–2024)
This chart illustrates how Nova Leap Health Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nova Leap Health Corp (2016–2024)
The table below shows the annual net assets of Nova Leap Health Corp from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.25 Million | +0.29% |
| 2023-12-31 | $18.20 Million | -2.60% |
| 2022-12-31 | $18.68 Million | +1.09% |
| 2021-12-31 | $18.48 Million | +87.77% |
| 2020-12-31 | $9.84 Million | +39.13% |
| 2019-12-31 | $7.07 Million | +4.59% |
| 2018-12-31 | $6.76 Million | +271.31% |
| 2017-12-31 | $1.82 Million | +1152.94% |
| 2016-12-31 | $145.38K | -44.78% |
| 2016-10-31 | $263.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nova Leap Health Corp'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 49761800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $19.12 Million | 104.76% |
| Total Equity | $18.25 Million | 100.00% |
Nova Leap Health Corp Competitors by Market Cap
The table below lists competitors of Nova Leap Health Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Javelin Minerals Ltd
AU:JAV
|
$8.98 Million |
|
MYMBN Berhad
KLSE:0280
|
$8.98 Million |
|
Ka Shui International Holdings Limited
F:MI8
|
$8.98 Million |
|
iFabric Corp
OTCQX:IFABF
|
$8.98 Million |
|
Iterum Therapeutics PLC
NASDAQ:ITRM
|
$8.98 Million |
|
LleidaNetworks Serveis Telemàtics S.A
OTCQX:LLEIF
|
$8.98 Million |
|
WhiteSmoke Software Ltd
TA:WSMK
|
$8.98 Million |
|
Quetta Acquisition Corporation Common Stock
NASDAQ:QETA
|
$8.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nova Leap Health Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,196,771 to 18,248,936, a change of 52,165 (0.3%).
- Net income of 1,378,468 contributed positively to equity growth.
- Other factors decreased equity by 1,326,303.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.38 Million | +7.55% |
| Other Changes | $-1.33 Million | -7.27% |
| Total Change | $- | 0.29% |
Book Value vs Market Value Analysis
This analysis compares Nova Leap Health Corp'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: 0.86x
- 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 2.95x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.06 | $0.18 | x |
| 2018-12-31 | $0.11 | $0.18 | x |
| 2019-12-31 | $0.11 | $0.18 | x |
| 2020-12-31 | $0.15 | $0.18 | x |
| 2021-12-31 | $0.23 | $0.18 | x |
| 2022-12-31 | $0.22 | $0.18 | x |
| 2023-12-31 | $0.21 | $0.18 | x |
| 2024-12-31 | $0.21 | $0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nova Leap Health Corp 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): 7.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.35%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.23x
- Recent ROE (7.55%) is above the historical average (-53.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -141.06% | -2773.95% | 0.03x | 1.99x | $-397.70K |
| 2016 | -336.71% | -1224.07% | 0.10x | 2.69x | $-504.06K |
| 2017 | -46.75% | -80.35% | 0.36x | 1.60x | $-1.03 Million |
| 2018 | -14.21% | -9.28% | 0.83x | 1.84x | $-1.64 Million |
| 2019 | -14.92% | -6.07% | 1.23x | 2.00x | $-1.76 Million |
| 2020 | 12.76% | 7.26% | 0.99x | 1.78x | $272.08K |
| 2021 | 9.53% | 8.27% | 0.79x | 1.45x | $-87.33K |
| 2022 | -4.47% | -2.96% | 1.18x | 1.28x | $-2.70 Million |
| 2023 | -5.80% | -4.03% | 1.25x | 1.15x | $-2.87 Million |
| 2024 | 7.55% | 5.35% | 1.15x | 1.23x | $-446.43K |
Industry Comparison
This section compares Nova Leap Health Corp'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 |
|---|---|---|---|---|
| Nova Leap Health Corp (NVLPF) | $18.75 Million | -141.06% | 0.26x | $8.98 Million |
| 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 |