NantHealth Inc.
NantHealth, Inc., together with its subsidiaries, operates as a healthcare IT company in the United States, Canada, and the United Kingdom. It offers Eviti, a software-as-a-service (SaaS) based clinical decision support solution that centralizes clinical content and treatment cost data from Medicare reimbursements and treatment toxicity data; Eviti Connect, which utilizes the platform to offer pr… Read more
NantHealth Inc. (NHIQ) - Net Assets
Latest net assets as of September 2023: $-250.18 Million USD
Based on the latest financial reports, NantHealth Inc. (NHIQ) has net assets worth $-250.18 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($146.48 Million) and total liabilities ($396.66 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 | $-250.18 Million |
| % of Total Assets | -170.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | -8061.6% |
| 10-Year Change | N/A |
| Growth Volatility | 812.98 |
NantHealth Inc. - Net Assets Trend (2013–2022)
This chart illustrates how NantHealth 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 NantHealth Inc. (2013–2022)
The table below shows the annual net assets of NantHealth Inc. from 2013 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-225.39 Million | -39.14% |
| 2021-12-31 | $-161.99 Million | -45.41% |
| 2020-12-31 | $-111.40 Million | -94.97% |
| 2019-12-31 | $-57.14 Million | -2118.23% |
| 2018-12-31 | $2.83 Million | -98.54% |
| 2017-12-31 | $193.30 Million | -53.04% |
| 2016-12-31 | $411.59 Million | +122.48% |
| 2015-12-31 | $185.00 Million | +185.50% |
| 2014-12-31 | $64.80 Million | +80.82% |
| 2013-12-31 | $35.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NantHealth 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 98594100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.00K | % |
| Other Comprehensive Income | $-626.00K | % |
| Other Components | $895.90 Million | % |
| Total Equity | $-225.39 Million | 100.00% |
NantHealth Inc. Competitors by Market Cap
The table below lists competitors of NantHealth Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MGLU3F
SA:MGLU3F
|
$14.84K |
|
Speedy Hire PLC
LSE:SDY
|
$14.86K |
|
Starrex International Ltd
PINK:STXMF
|
$14.86K |
|
Pakistan National Shipping Corp
KAR:PNSC
|
$14.86K |
|
ELSWEDY ELECTRIC
EGX:SWDY
|
$14.82K |
|
MYPK3F
SA:MYPK3F
|
$14.81K |
|
Ravindra Energy Limited
NSE:RELTD
|
$14.81K |
|
INDIQUBE
NSE:INDIQUBE
|
$14.81K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NantHealth Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -161,992,000 to -225,393,000, a change of -63,401,000.
- Net loss of 67,779,000 reduced equity.
- Other comprehensive income decreased equity by 414,000.
- Other factors increased equity by 4,792,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-67.78 Million | -30.07% |
| Other Comprehensive Income | $-414.00K | -0.18% |
| Other Changes | $4.79 Million | +2.13% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares NantHealth 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 |
|---|---|---|---|
| 2013-12-31 | $0.05 | $0.00 | x |
| 2014-12-31 | $8.05 | $0.00 | x |
| 2015-12-31 | $22.99 | $0.00 | x |
| 2016-12-31 | $55.32 | $0.00 | x |
| 2017-12-31 | $24.84 | $0.00 | x |
| 2018-12-31 | $0.39 | $0.00 | x |
| 2019-12-31 | $-7.77 | $0.00 | x |
| 2020-12-31 | $-15.11 | $0.00 | x |
| 2021-12-31 | $-21.29 | $0.00 | x |
| 2022-12-31 | $-29.26 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NantHealth 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: -101.16%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-729.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -197.98% | -153.19% | 0.25x | 5.07x | $-43.00 Million |
| 2014 | -130.28% | -248.89% | 0.11x | 4.80x | $-90.91 Million |
| 2015 | -38.92% | -123.51% | 0.14x | 2.23x | $-90.51 Million |
| 2016 | -44.73% | -183.41% | 0.15x | 1.66x | $-225.26 Million |
| 2017 | -90.64% | -202.14% | 0.19x | 2.32x | $-194.54 Million |
| 2018 | -6787.42% | -214.78% | 0.31x | 101.14x | $-192.44 Million |
| 2019 | 0.00% | -65.40% | 0.36x | 0.00x | $-57.05 Million |
| 2020 | 0.00% | -76.98% | 0.37x | 0.00x | $-45.15 Million |
| 2021 | 0.00% | -92.99% | 0.32x | 0.00x | $-42.06 Million |
| 2022 | 0.00% | -101.16% | 0.42x | 0.00x | $-45.24 Million |
Industry Comparison
This section compares NantHealth 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 |
|---|---|---|---|---|
| NantHealth Inc. (NHIQ) | $-250.18 Million | -197.98% | N/A | $14.83K |
| 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 |