Carebook Technologies Inc
Carebook Technologies Inc. engages in the development and commercialization of digital health platforms for assessments, reporting, and targeted solutions in Canada, the United States, Europe, Latin America, Asia, and internationally. The company Corehealth offers a robust platform-as-a-service technology to power programs and engage employees with various interventions, such as coaching, self-di… Read more
Carebook Technologies Inc (CRBKF) - Net Assets
Latest net assets as of September 2024: $-8.25 Million USD
Based on the latest financial reports, Carebook Technologies Inc (CRBKF) has net assets worth $-8.25 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 ($7.45 Million) and total liabilities ($15.70 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 | $-8.25 Million |
| % of Total Assets | -110.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 819.08 |
Carebook Technologies Inc - Net Assets Trend (2019–2023)
This chart illustrates how Carebook 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 Carebook Technologies Inc (2019–2023)
The table below shows the annual net assets of Carebook Technologies Inc from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-6.67 Million | -4.83% |
| 2022-12-31 | $-6.36 Million | -199.16% |
| 2021-12-31 | $6.41 Million | -6.24% |
| 2020-12-31 | $6.84 Million | +1626.79% |
| 2019-12-31 | $396.11K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carebook 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 6749529100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $60.98 Million | % |
| Total Equity | $-6.67 Million | 100.00% |
Carebook Technologies Inc Competitors by Market Cap
The table below lists competitors of Carebook Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GSRX Industries Inc
PINK:GSRX
|
$1.08K |
|
HUBB Ventures Inc
PINK:HUBV
|
$1.09K |
|
Berjaya Philippines Inc
PSE:BCOR
|
$1.09K |
|
PERUSAHAAN GAS -B-
MU:PGB1
|
$1.09K |
|
MBG Group JSC
VN:MBG
|
$1.08K |
|
NATIONAL BREWERIES PLC
LUSE:NATBREW
|
$1.08K |
|
Frontier IP Group Plc
LSE:FIPP
|
$1.08K |
|
capAI Plc
LSE:CPAI
|
$1.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carebook Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -6,931,000 to -6,666,000, a change of 265,000.
- Net loss of 3,315,000 reduced equity.
- New share issuances of 2,500,000 increased equity.
- Other factors increased equity by 1,080,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.31 Million | -49.73% |
| Share Issuances | $2.50 Million | +37.5% |
| Other Changes | $1.08 Million | +16.2% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Carebook 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 |
|---|---|---|---|
| 2019-12-31 | $0.01 | $0.11 | x |
| 2020-12-31 | $0.28 | $0.11 | x |
| 2021-12-31 | $0.16 | $0.11 | x |
| 2022-12-31 | $-0.10 | $0.11 | x |
| 2023-12-31 | $-0.06 | $0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carebook 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: -27.05%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-99.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -35.61% | 0.00% | 0.00x | 1.05x | $-180.66K |
| 2020 | -159.25% | -308.58% | 0.38x | 1.34x | $-11.58 Million |
| 2021 | -300.78% | -336.34% | 0.22x | 3.99x | $-19.93 Million |
| 2022 | 0.00% | -192.54% | 1.00x | 0.00x | $-17.12 Million |
| 2023 | 0.00% | -27.05% | 1.59x | 0.00x | $-2.65 Million |
Industry Comparison
This section compares Carebook Technologies 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 |
|---|---|---|---|---|
| Carebook Technologies Inc (CRBKF) | $-8.25 Million | -35.61% | N/A | $1.08K |
| 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 |