CarePayment Technologies Inc
CarePayment Technologies, Inc. operates as a healthcare finance company worldwide. The company provides patient finance solutions to hospitals, physician practices, and ancillary services. It also offers patient finance management solutions; and advanced patient engagement platforms. The company was formerly known as microHelix, Inc. CarePayment Technologies, Inc. was incorporated in 1991 and is … Read more
CarePayment Technologies Inc (CPYT) - Net Assets
Latest net assets as of December 2012: $-970.36K USD
Based on the latest financial reports, CarePayment Technologies Inc (CPYT) has net assets worth $-970.36K USD as of December 2012.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.24 Million) and total liabilities ($11.21 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 | $-970.36K |
| % of Total Assets | -9.48% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -165.41% |
| Growth Volatility | 2966.92 |
CarePayment Technologies Inc - Net Assets Trend (2000–2012)
This chart illustrates how CarePayment Technologies 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 CarePayment Technologies Inc (2000–2012)
The table below shows the annual net assets of CarePayment Technologies Inc from 2000 to 2012.
| Year | Net Assets | Change |
|---|---|---|
| 2012-12-31 | $-970.36K | -127.06% |
| 2011-12-31 | $3.59 Million | -48.42% |
| 2010-12-31 | $6.95 Million | +737.56% |
| 2009-12-31 | $-1.09 Million | +31.76% |
| 2008-12-31 | $-1.60 Million | -2.91% |
| 2007-12-31 | $-1.55 Million | -420.77% |
| 2006-12-31 | $-298.15K | -147.65% |
| 2005-12-31 | $625.66K | +784.81% |
| 2004-12-31 | $70.71K | -95.23% |
| 2003-12-31 | $1.48 Million | -62.42% |
| 2002-12-31 | $3.95 Million | -65.70% |
| 2001-12-31 | $11.51 Million | +8962.68% |
| 2000-12-31 | $127.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to CarePayment Technologies 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 5238149500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2012)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.51 Million | % |
| Other Components | $21.97 Million | % |
| Total Equity | $-897.39K | 100.00% |
CarePayment Technologies Inc Competitors by Market Cap
The table below lists competitors of CarePayment Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XINJIANG XINXIN -H- (33X1.SG)
STU:33X1
|
$2.47K |
|
Greenridge Exploration Inc.
F:HW3
|
$2.47K |
|
TTW PCL
STU:F1P
|
$2.47K |
|
Virtual Interactive Technologies Corp
PINK:VRVR
|
$2.48K |
|
Advanced Microelectronic Products,Inc.
TWO:6287
|
$2.47K |
|
A Soriano Corp
PSE:ANS
|
$2.47K |
|
Kupiec SA
WAR:KPC
|
$2.47K |
|
Cambridge Cognition Holdings Plc
LSE:COG
|
$2.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CarePayment Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2011 to 2012, total equity changed from 3,616,891 to -897,389, a change of -4,514,280 (-124.8%).
- Net loss of 14,421,438 reduced equity.
- Share repurchases of 2,405 reduced equity.
- Other factors increased equity by 9,909,563.
Equity Change Factors (2011 to 2012)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.42 Million | -1607.04% |
| Share Repurchases | $2.40K | -0.27% |
| Other Changes | $9.91 Million | +1104.27% |
| Total Change | $- | -124.81% |
Book Value vs Market Value Analysis
This analysis compares CarePayment Technologies 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 |
|---|---|---|---|
| 2001-12-31 | $3.09 | $0.00 | x |
| 2002-12-31 | $381.27 | $0.00 | x |
| 2003-12-31 | $143.49 | $0.00 | x |
| 2004-12-31 | $6.00 | $0.00 | x |
| 2005-12-31 | $45.52 | $0.00 | x |
| 2006-12-31 | $-6.56 | $0.00 | x |
| 2007-12-31 | $-16.07 | $0.00 | x |
| 2008-12-31 | $-8.75 | $0.00 | x |
| 2009-12-31 | $-5.34 | $0.00 | x |
| 2010-12-31 | $1.10 | $0.00 | x |
| 2011-12-31 | $0.35 | $0.00 | x |
| 2012-12-31 | $-0.07 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CarePayment Technologies 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: -255.94%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-256.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -26.48% | -48.98% | 0.38x | 1.41x | $-4.20 Million |
| 2002 | -192.49% | -146.96% | 0.77x | 1.71x | $-7.99 Million |
| 2003 | -183.61% | -163.47% | 0.49x | 2.30x | $-2.87 Million |
| 2004 | -2197.67% | -119.57% | 2.39x | 7.68x | $-1.56 Million |
| 2005 | -314.95% | -21.50% | 1.51x | 9.70x | $-2.03 Million |
| 2006 | 0.00% | -13.04% | 2.74x | 0.00x | $-1.96 Million |
| 2007 | 0.00% | -11.87% | 279.13x | 0.00x | $-795.85K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.25 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-807.89K |
| 2010 | -32.48% | -37.98% | 0.57x | 1.49x | $-2.96 Million |
| 2011 | -133.61% | -71.59% | 0.65x | 2.87x | $-5.19 Million |
| 2012 | 0.00% | -255.94% | 0.55x | 0.00x | $-14.33 Million |
Industry Comparison
This section compares CarePayment Technologies Inc's net assets metrics with peer companies in the Healthcare Plans industry.
Industry Context
- Industry: Healthcare Plans
- Average net assets among peers: $9,282,677,878
- Average return on equity (ROE) among peers: -1.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CarePayment Technologies Inc (CPYT) | $-970.36K | -26.48% | N/A | $2.47K |
| Alignment Healthcare LLC (ALHC) | $239.30 Million | -62.49% | 1.65x | $3.04 Billion |
| Cigna Corp (CI) | $41.24 Billion | 8.33% | 2.78x | $71.15 Billion |
| Clover Health Investments Corp (CLOV) | $-17.63K | 0.00% | 0.00x | $788.86 Million |
| Centene Corp (CNC) | $326.42 Million | -13.37% | 1.74x | $17.10 Billion |
| CVS Health Corp (CVS) | $1.10 Billion | 19.07% | 0.64x | $94.98 Billion |
| Elevance Health Inc (ELV) | $23.81 Billion | 12.12% | 1.15x | $63.54 Billion |
| Humana Inc (HUM) | $16.10 Billion | 18.21% | 1.75x | $20.50 Billion |
| Interact Holdings Group Inc (IHGP) | $-1.46 Million | 0.00% | 0.00x | $335.63 |
| Molina Healthcare Inc (MOH) | $719.06 Million | 7.64% | 1.10x | $6.97 Billion |