Ecare Solutions Inc
EncounterCare Solutions, Inc. operates as an energy and healthcare company in the United States. It operates through Energy and Healthcare Services divisions. The Energy division produces and distributes a fuel additive under the EcoFlex 96 and Dynamo brand names. The Healthcare Services division offers a suite of pediatric and neonatal services, including skilled nursing, home infusion, medical … Read more
Ecare Solutions Inc (ECSL) - Net Assets
Latest net assets as of March 2024: $5.43 Million USD
Based on the latest financial reports, Ecare Solutions Inc (ECSL) has net assets worth $5.43 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($36.66 Million) and total liabilities ($31.22 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 | $5.43 Million |
| % of Total Assets | 14.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Ecare Solutions Inc - Net Assets Trend (2010–2023)
This chart illustrates how Ecare Solutions 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 Ecare Solutions Inc (2010–2023)
The table below shows the annual net assets of Ecare Solutions Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $-643.55K | +22.89% |
| 2022-06-30 | $-834.53K | -39.38% |
| 2021-06-30 | $-598.73K | +21.43% |
| 2020-06-30 | $-762.06K | -33.88% |
| 2019-06-30 | $-569.20K | -5.05% |
| 2018-06-30 | $-541.85K | -13901.16% |
| 2017-06-30 | $-3.87K | +99.63% |
| 2016-06-30 | $-1.06 Million | +17.12% |
| 2015-06-30 | $-1.27 Million | +65.92% |
| 2011-06-30 | $-3.74 Million | +31.14% |
| 2010-06-30 | $-5.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ecare Solutions 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 1593423500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $68.07K | % |
| Other Comprehensive Income | $542.00 | % |
| Other Components | $39.42 Million | % |
| Total Equity | $-643.55K | 100.00% |
Ecare Solutions Inc Competitors by Market Cap
The table below lists competitors of Ecare Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Azion Corporation
TWO:6148
|
$35.73 Million |
|
Atossa Genetics Inc
NASDAQ:ATOS
|
$35.74 Million |
|
Den Networks Limited
NSE:DEN
|
$35.74 Million |
|
Balatacilar Balatacilik Sanayi ve Ticaret AS
IS:BALAT
|
$35.75 Million |
|
PRICELINE GROUP (PCE1.SG)
STU:PCE1
|
$35.72 Million |
|
Parkit Enterprise Inc
PINK:PKTEF
|
$35.71 Million |
|
Team Inc
NYSE:TISI
|
$35.71 Million |
|
ParkerVision Inc
OTCQB:PRKR
|
$35.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ecare Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -834,533 to -643,548, a change of 190,985.
- Net loss of 1,946,256 reduced equity.
- Other factors increased equity by 2,137,241.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.95 Million | -302.43% |
| Other Changes | $2.14 Million | +332.1% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Ecare Solutions 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 |
|---|---|---|---|
| 2010-06-30 | $0.00 | $0.73 | x |
| 2011-06-30 | $0.00 | $0.73 | x |
| 2016-06-30 | $-0.02 | $0.73 | x |
| 2017-06-30 | $0.00 | $0.73 | x |
| 2018-06-30 | $-0.01 | $0.73 | x |
| 2019-06-30 | $-0.01 | $0.73 | x |
| 2020-06-30 | $-0.01 | $0.73 | x |
| 2021-06-30 | $-0.01 | $0.73 | x |
| 2022-06-30 | $-0.01 | $0.73 | x |
| 2023-06-30 | $-0.01 | $0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ecare Solutions 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: -459.31%
- • Asset Turnover: 0.45x
- • 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 |
|---|---|---|---|---|---|
| 2010 | 0.00% | -149.76% | 0.70x | 0.00x | $-410.73K |
| 2011 | 0.00% | -170.64% | 0.64x | 0.00x | $-577.32K |
| 2015 | 0.00% | -444.76% | 0.30x | 0.00x | $-1.49 Million |
| 2016 | 0.00% | -478.18% | 0.26x | 0.00x | $-1.43 Million |
| 2017 | 0.00% | 13.77% | 0.17x | 0.00x | $52.13K |
| 2018 | 0.00% | -304.93% | 0.30x | 0.00x | $-1.30 Million |
| 2019 | 0.00% | -69.44% | 0.82x | 0.00x | $-754.32K |
| 2020 | 0.00% | -111.70% | 0.53x | 0.00x | $-717.42K |
| 2021 | 0.00% | -321.73% | 0.27x | 0.00x | $-1.08 Million |
| 2022 | 0.00% | -1117.86% | 0.37x | 0.00x | $-4.26 Million |
| 2023 | 0.00% | -459.31% | 0.45x | 0.00x | $-1.88 Million |
Industry Comparison
This section compares Ecare Solutions Inc's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ecare Solutions Inc (ECSL) | $5.43 Million | 0.00% | 5.75x | $35.73 Million |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |