National Health Scan
iWeb Corporation operates as a medical or healthcare industry business incubator. The company operates multi-channel Internet-only radio network. Among the businesses it has nurtured are Radiology.com, an Internet-based radiology services and systems company, and WebMRI.com, an MRI systems design and OEM company. iWeb Corporation was founded in 1995 and is based in Los Angeles, California.
National Health Scan (GEGR) - Net Assets
Latest net assets as of June 2024: $11.37 Million USD
Based on the latest financial reports, National Health Scan (GEGR) has net assets worth $11.37 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.00 Million) and total liabilities ($630.85K). 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 | $11.37 Million |
| % of Total Assets | 94.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.7 |
National Health Scan - Net Assets Trend (2015–2023)
This chart illustrates how National Health Scan's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Health Scan (2015–2023)
The table below shows the annual net assets of National Health Scan from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $11.39 Million | -12.97% |
| 2022-12-31 | $13.08 Million | -42.37% |
| 2021-12-31 | $22.70 Million | -- |
| 2020-12-31 | $0.00 | -- |
| 2017-12-31 | $-462.50K | -45.81% |
| 2016-12-31 | $-317.19K | -46.31% |
| 2015-12-31 | $-216.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Health Scan'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 grown by 5383121700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $45.49 Million | 399.46% |
| Common Stock | $249.09K | 2.19% |
| Other Comprehensive Income | $-36.45 Million | -320.10% |
| Other Components | $2.10 Million | 18.45% |
| Total Equity | $11.39 Million | 100.00% |
National Health Scan Competitors by Market Cap
The table below lists competitors of National Health Scan ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amtex Limited
KAR:AMTEX
|
$122.47 |
|
Surya Oil & Gas Corp.
NASDAQ:SURY
|
$123.21 |
|
Pathkey.ai Ltd
AU:PKY
|
$123.41 |
|
Beruwala Resorts PLC
CM:BERUN0000
|
$123.42 |
|
THC Farmaceuticals Inc
PINK:CBDG
|
$121.95 |
|
Rafex Gold Corp.
PINK:RAFX
|
$121.79 |
|
Bank Maybank Indonesia Tbk PT
JK:BNII
|
$121.78 |
|
Zhuding International Ltd
PINK:ZHUD
|
$121.66 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Health Scan's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 13,084,056 to 11,387,000, a change of -1,697,056 (-13.0%).
- Net income of 13,754,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 39,013,623.
- Other factors increased equity by 23,562,567.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.75 Million | +120.79% |
| Other Comprehensive Income | $-39.01 Million | -342.62% |
| Other Changes | $23.56 Million | +206.93% |
| Total Change | $- | -12.97% |
Book Value vs Market Value Analysis
This analysis compares National Health Scan'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: 0.28x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.00 | $0.01 | x |
| 2015-12-31 | $0.00 | $0.01 | x |
| 2016-12-31 | $0.00 | $0.01 | x |
| 2017-12-31 | $0.00 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.00 | $0.01 | x |
| 2021-12-31 | $0.07 | $0.01 | x |
| 2022-12-31 | $0.05 | $0.01 | x |
| 2023-12-31 | $0.05 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Health Scan 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): 120.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 53.15%
- • Asset Turnover: 2.16x
- • Equity Multiplier: 1.05x
- Recent ROE (120.79%) is above the historical average (72.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.42K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-159.32K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-648.28K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-614.75K |
| 2021 | 159.20% | 46.37% | 1.39x | 2.47x | $33.87 Million |
| 2022 | 226.91% | 31.68% | 2.74x | 2.62x | $28.38 Million |
| 2023 | 120.79% | 53.15% | 2.16x | 1.05x | $12.62 Million |
Industry Comparison
This section compares National Health Scan'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 |
|---|---|---|---|---|
| National Health Scan (GEGR) | $11.37 Million | 0.00% | 0.06x | $122.33 |
| 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 |