PPJ Healthcare Enterprises Inc
PPJ Healthcare Enterprises, Inc., through its subsidiaries, provides automated healthcare reimbursement cycle, online health information digital-systems, and practice information management digital-system software to health care providers and general businesses worldwide. The company offers the Automated Biller, a medical billing system that allows physicians to bill their medical insurance claim… Read more
PPJ Healthcare Enterprises Inc (PPJE) - Net Assets
Latest net assets as of March 2025: $12.22 Million USD
Based on the latest financial reports, PPJ Healthcare Enterprises Inc (PPJE) has net assets worth $12.22 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.96 Million) and total liabilities ($7.74 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 | $12.22 Million |
| % of Total Assets | 61.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | 72.4% |
| 10-Year Change | N/A |
| Growth Volatility | 3322.14 |
PPJ Healthcare Enterprises Inc - Net Assets Trend (2004–2024)
This chart illustrates how PPJ Healthcare Enterprises 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 PPJ Healthcare Enterprises Inc (2004–2024)
The table below shows the annual net assets of PPJ Healthcare Enterprises Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.56 Million | +4.93% |
| 2023-12-31 | $11.97 Million | -1.69% |
| 2022-12-31 | $12.18 Million | +10.84% |
| 2021-12-31 | $10.99 Million | +50.78% |
| 2020-12-31 | $7.29 Million | -2.48% |
| 2019-12-31 | $7.47 Million | +0.79% |
| 2018-12-31 | $7.41 Million | +4.48% |
| 2017-12-31 | $7.10 Million | +2709.27% |
| 2016-12-31 | $252.60K | +134.27% |
| 2015-12-31 | $-737.06K | -107.83% |
| 2014-12-31 | $9.41 Million | +200.41% |
| 2011-12-31 | $3.13 Million | +64.53% |
| 2010-12-31 | $1.90 Million | +137.71% |
| 2009-12-31 | $801.32K | +12843.32% |
| 2008-12-31 | $6.19K | -99.76% |
| 2007-12-31 | $2.54 Million | +150.10% |
| 2006-12-31 | $-5.06 Million | -145.05% |
| 2005-12-31 | $-2.07 Million | -55.64% |
| 2004-12-31 | $-1.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PPJ Healthcare Enterprises 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 grown by 689643300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.90 Million | 54.89% |
| Common Stock | $9.20 Million | 73.26% |
| Other Comprehensive Income | $14.90 Million | 118.58% |
| Total Equity | $12.56 Million | 100.00% |
PPJ Healthcare Enterprises Inc Competitors by Market Cap
The table below lists competitors of PPJ Healthcare Enterprises Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paradigm Medical Ind
PINK:PDMI
|
$0.98 |
|
Drone Services USA Inc
PINK:DSUS
|
$0.98 |
|
Integral Vision Inc
PINK:INVI
|
$0.98 |
|
Click To Raffle.Com Inc
PINK:AQFD
|
$0.98 |
|
American Environmental Inc
PINK:MZPS
|
$0.98 |
|
Horizons Holdings International Corp
PINK:HZHI
|
$0.98 |
|
Enable IPC Corporation
OTCGREY:EIPC
|
$0.98 |
|
For The Earth Corp
PINK:FTEG
|
$0.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PPJ Healthcare Enterprises Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,975,915 to 12,564,441, a change of 588,526 (4.9%).
- Net income of 8,101 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,033,317.
- Other factors decreased equity by 4,452,892.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.10K | +0.06% |
| Other Comprehensive Income | $5.03 Million | +40.06% |
| Other Changes | $-4.45 Million | -35.44% |
| Total Change | $- | 4.91% |
Book Value vs Market Value Analysis
This analysis compares PPJ Healthcare Enterprises 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
- Current price-to-book ratio: 0.07x
- 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 |
|---|---|---|---|
| 2010-12-31 | $313.67 | $0.00 | x |
| 2011-12-31 | $515.22 | $0.00 | x |
| 2014-12-31 | $1.90 | $0.00 | x |
| 2015-12-31 | $-0.02 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.00 | $0.00 | x |
| 2018-12-31 | $0.00 | $0.00 | x |
| 2019-12-31 | $0.00 | $0.00 | x |
| 2020-12-31 | $0.00 | $0.00 | x |
| 2021-12-31 | $0.00 | $0.00 | x |
| 2022-12-31 | $0.00 | $0.00 | x |
| 2023-12-31 | $0.00 | $0.00 | x |
| 2024-12-31 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PPJ Healthcare Enterprises 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): 0.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.60x
- Recent ROE (0.06%) is above the historical average (-766.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -12248.55% | -2.35% | 5218.77x | 1.00x | $-46.46K |
| 2004 | 0.00% | -112.72% | 1.70x | 0.00x | $-1.75 Million |
| 2005 | 0.00% | -78.98% | 3.11x | 0.00x | $-1.03 Million |
| 2006 | 0.00% | -296.25% | 12.08x | 0.00x | $-2.49 Million |
| 2007 | -88.52% | 0.00% | 0.00x | 9.47x | $-2.50 Million |
| 2008 | -2988.21% | -179.61% | 0.01x | 1113.12x | $-185.62K |
| 2009 | -16.71% | -88.07% | 0.02x | 12.35x | $-214.01K |
| 2010 | 2.69% | 12.66% | 0.07x | 3.11x | $-139.27K |
| 2011 | 7.72% | 26.36% | 0.14x | 2.03x | $-71.46K |
| 2014 | -3.07% | -158.77% | 0.01x | 1.34x | $-1.23 Million |
| 2015 | 0.00% | -3409.40% | 0.20x | 0.00x | $-10.80 Million |
| 2016 | -5.90% | -4.50% | 0.16x | 8.23x | $-40.16K |
| 2017 | -0.49% | -9.17% | 0.03x | 1.57x | $-797.45K |
| 2018 | 0.06% | 1.56% | 0.02x | 1.77x | $-736.84K |
| 2019 | 0.62% | 13.09% | 0.03x | 1.83x | $-701.23K |
| 2020 | 0.55% | 13.15% | 0.02x | 1.95x | $-688.62K |
| 2021 | 1.28% | 21.76% | 0.04x | 1.56x | $-957.68K |
| 2022 | 1.16% | 17.85% | 0.04x | 1.54x | $-1.08 Million |
| 2023 | 0.62% | 10.51% | 0.04x | 1.59x | $-1.12 Million |
| 2024 | 0.06% | 1.22% | 0.03x | 1.60x | $-1.25 Million |
Industry Comparison
This section compares PPJ Healthcare Enterprises 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 |
|---|---|---|---|---|
| PPJ Healthcare Enterprises Inc (PPJE) | $12.22 Million | -12248.55% | 0.63x | $0.98 |
| 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 |