Healthtech Solutions Inc
Healthtech Solutions Inc., through its subsidiaries, operates as a life sciences company. It focuses on the development of wound care products for acute and chronic wounds, including a placental membrane allograft for burns and non-healing wounds, such as diabetic foot ulcers. The company also engages in the development of ultrasound imaging and artificial intelligence-based image analysis softwa… Read more
Healthtech Solutions Inc (HLTT) - Net Assets
Latest net assets as of March 2023: $-3.07 Million USD
Based on the latest financial reports, Healthtech Solutions Inc (HLTT) has net assets worth $-3.07 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.75 Million) and total liabilities ($5.83 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 | $-3.07 Million |
| % of Total Assets | -111.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -128.95% |
| Growth Volatility | 51.25 |
Healthtech Solutions Inc - Net Assets Trend (2006–2022)
This chart illustrates how Healthtech 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 Healthtech Solutions Inc (2006–2022)
The table below shows the annual net assets of Healthtech Solutions Inc from 2006 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-2.75 Million | -325.16% |
| 2021-12-31 | $-647.56K | -15.10% |
| 2021-06-30 | $-562.60K | 0.00% |
| 2020-12-31 | $-562.60K | -1163.95% |
| 2019-12-31 | $-44.51K | -534.33% |
| 2018-12-31 | $-7.02K | -100.04% |
| 2010-12-31 | $16.23 Million | +10.74% |
| 2009-12-31 | $14.66 Million | +8.81% |
| 2008-12-31 | $13.47 Million | +41.67% |
| 2007-12-31 | $9.51 Million | +34.59% |
| 2006-12-31 | $7.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Healthtech 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 1367104200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $72.22K | % |
| Other Comprehensive Income | $-110.00 Million | % |
| Other Components | $120.86 Million | % |
| Total Equity | $-2.75 Million | 100.00% |
Healthtech Solutions Inc Competitors by Market Cap
The table below lists competitors of Healthtech Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MUCOBA BANK PLC
DSE:MUCOBA
|
$3.96K |
|
Black Bear Minerals Limited
AU:BKB
|
$3.97K |
|
YOUR FAMILY ENT N (RTV.SG)
STU:RTV
|
$3.97K |
|
Hoang Mai Stone JSC
VN:HMR
|
$3.97K |
|
ALLIED FARMERS
BE:BZV
|
$3.96K |
|
WDC NETWORKSON NM
SA:WDCN3
|
$3.96K |
|
Co2 Capsol AS
OL:CAPSL
|
$3.96K |
|
Shakarganj Ltd
KAR:SML
|
$3.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Healthtech Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -647,562 to -2,753,200, a change of -2,105,638.
- Net loss of 3,043,590 reduced equity.
- Other comprehensive income decreased equity by 110,000,000.
- Other factors increased equity by 110,937,952.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.04 Million | -110.55% |
| Other Comprehensive Income | $-110.00 Million | -3995.35% |
| Other Changes | $110.94 Million | +4029.42% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Healthtech 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 |
|---|---|---|---|
| 2005-12-31 | $0.00 | $0.00 | x |
| 2006-12-31 | $0.35 | $0.00 | x |
| 2007-12-31 | $0.35 | $0.00 | x |
| 2008-12-31 | $0.59 | $0.00 | x |
| 2009-12-31 | $0.68 | $0.00 | x |
| 2010-12-31 | $0.75 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $-0.03 | $0.00 | x |
| 2021-06-30 | $-0.47 | $0.00 | x |
| 2021-12-31 | $-0.02 | $0.00 | x |
| 2022-12-31 | $-0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Healthtech 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: -180.34%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (7.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.65K |
| 2006 | 21.24% | 17.84% | 0.99x | 1.20x | $737.13K |
| 2007 | 30.85% | 21.75% | 1.02x | 1.40x | $1.79 Million |
| 2008 | 25.10% | 22.20% | 0.90x | 1.26x | $1.83 Million |
| 2009 | 7.98% | 12.18% | 0.47x | 1.40x | $-265.18K |
| 2010 | 6.40% | 11.44% | 0.38x | 1.47x | $-523.95K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-4.66K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-33.04K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $50.89K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-695.53K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.41 Million |
| 2022 | 0.00% | -180.34% | 0.61x | 0.00x | $-2.77 Million |
Industry Comparison
This section compares Healthtech Solutions 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 |
|---|---|---|---|---|
| Healthtech Solutions Inc (HLTT) | $-3.07 Million | 0.00% | N/A | $3.96K |
| 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 |