PreAxia Health Care Payment Systems Inc
PreAxia Health Care Payment Systems Inc. engages in the development, distribution, marketing, and sale of health care payment processing services and personal financial management applications, websites, and products. The company develops an automated and paperless management system creating a health spending account (HSA), which is a designed bank account designed for health care spending. Its P… Read more
PreAxia Health Care Payment Systems Inc (PAXH) - Net Assets
Latest net assets as of August 2025: $427.32K USD
Based on the latest financial reports, PreAxia Health Care Payment Systems Inc (PAXH) has net assets worth $427.32K USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.15 Million) and total liabilities ($722.96K). 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 | $427.32K |
| % of Total Assets | 37.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 501.48 |
PreAxia Health Care Payment Systems Inc - Net Assets Trend (2007–2025)
This chart illustrates how PreAxia Health Care Payment Systems 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 PreAxia Health Care Payment Systems Inc (2007–2025)
The table below shows the annual net assets of PreAxia Health Care Payment Systems Inc from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $-2.34 Million | +2.26% |
| 2024-05-31 | $-2.40 Million | -4.33% |
| 2023-05-31 | $-2.30 Million | -7.30% |
| 2022-05-31 | $-2.14 Million | -9.22% |
| 2021-05-31 | $-1.96 Million | -9.08% |
| 2020-05-31 | $-1.80 Million | -7.26% |
| 2019-05-31 | $-1.67 Million | -19.62% |
| 2018-05-31 | $-1.40 Million | -16.83% |
| 2017-05-31 | $-1.20 Million | +26.53% |
| 2016-05-31 | $-1.63 Million | +2.01% |
| 2015-05-31 | $-1.66 Million | -11.46% |
| 2014-05-31 | $-1.49 Million | -26.29% |
| 2013-05-31 | $-1.18 Million | +9.56% |
| 2011-05-31 | $-1.31 Million | -45.22% |
| 2010-05-31 | $-900.37K | -225.96% |
| 2009-05-31 | $-276.22K | -1087.49% |
| 2008-05-31 | $27.97K | -84.52% |
| 2007-05-31 | $180.69K | -- |
Equity Component Analysis
This analysis shows how different components contribute to PreAxia Health Care Payment Systems 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 510565200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.77K | % |
| Other Comprehensive Income | $58.55K | % |
| Other Components | $2.79 Million | % |
| Total Equity | $-2.34 Million | 100.00% |
PreAxia Health Care Payment Systems Inc Competitors by Market Cap
The table below lists competitors of PreAxia Health Care Payment Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quarta-Rad Inc
PINK:QURT
|
$441.96K |
|
MEDICOX Co. Ltd
KQ:054180
|
$442.04K |
|
SODEXO
MU:SJ7
|
$442.13K |
|
Avioane Craiova SA
RO:AVIO
|
$442.25K |
|
FIRSTENERGY
MU:FE7
|
$441.81K |
|
Aequus Pharmaceuticals Inc
OTCQB:AQSZF
|
$441.34K |
|
Sileon AB (publ)
F:7PN
|
$441.13K |
|
ANTOFAGASTA
MU:FG1
|
$441.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PreAxia Health Care Payment Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -2,396,179 to -2,342,041, a change of 54,138.
- Net loss of 53,687 reduced equity.
- New share issuances of 100,000 increased equity.
- Other comprehensive income increased equity by 1,356.
- Other factors increased equity by 6,469.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-53.69K | -2.29% |
| Share Issuances | $100.00K | +4.27% |
| Other Comprehensive Income | $1.36K | +0.06% |
| Other Changes | $6.47K | +0.28% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares PreAxia Health Care Payment Systems 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 |
|---|---|---|---|
| 2007-05-31 | $0.03 | $0.06 | x |
| 2008-05-31 | $0.00 | $0.06 | x |
| 2009-05-31 | $-0.02 | $0.06 | x |
| 2010-05-31 | $-0.06 | $0.06 | x |
| 2011-05-31 | $-0.08 | $0.06 | x |
| 2013-05-31 | $-0.07 | $0.06 | x |
| 2014-05-31 | $-0.08 | $0.06 | x |
| 2015-05-31 | $-0.09 | $0.06 | x |
| 2016-05-31 | $-0.09 | $0.06 | x |
| 2017-05-31 | $-0.06 | $0.06 | x |
| 2018-05-31 | $-0.07 | $0.06 | x |
| 2019-05-31 | $-0.09 | $0.06 | x |
| 2020-05-31 | $-0.09 | $0.06 | x |
| 2021-05-31 | $-0.10 | $0.06 | x |
| 2022-05-31 | $-0.11 | $0.06 | x |
| 2023-05-31 | $-0.12 | $0.06 | x |
| 2024-05-31 | $-0.12 | $0.06 | x |
| 2025-05-31 | $-0.12 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PreAxia Health Care Payment Systems 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-5.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -11.95% | -8.53% | 0.95x | 1.47x | $-39.67K |
| 2008 | -87.06% | -9.62% | 1.86x | 4.86x | $-27.15K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-305.60K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-654.91K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.02 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-447.74K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-76.36K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-32.66K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-102.88K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-142.15K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-61.70K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-30.30K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $8.00K |
| 2021 | 0.00% | -39706.33% | 10.28x | 0.00x | $32.79K |
| 2022 | 0.00% | -49087.77% | 1.42x | 0.00x | $33.40K |
| 2023 | 0.00% | -578762.96% | 4.50x | 0.00x | $73.41K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $140.17K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $180.52K |
Industry Comparison
This section compares PreAxia Health Care Payment Systems 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 |
|---|---|---|---|---|
| PreAxia Health Care Payment Systems Inc (PAXH) | $427.32K | -11.95% | 1.69x | $441.89K |
| 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 |