Reliq Health Technologies Inc
Reliq Health Technologies Inc., a healthcare technology company, develops secure telemedicine and virtual care solutions for the healthcare market. It provides iUGO Care platform, a software as a solution that allows complex patients to receive care in the home. The company was formerly known as Moseda Technologies Inc. and changed its name to Reliq Health Technologies Inc. in May 2016. Reliq Hea… Read more
Reliq Health Technologies Inc (RQHTF) - Net Assets
Latest net assets as of March 2023: $13.42 Million USD
Based on the latest financial reports, Reliq Health Technologies Inc (RQHTF) has net assets worth $13.42 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 ($22.29 Million) and total liabilities ($8.87 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 | $13.42 Million |
| % of Total Assets | 60.2% |
| Annual Growth Rate | 18.95% |
| 5-Year Change | -46.15% |
| 10-Year Change | 911.75% |
| Growth Volatility | 16124.44 |
Reliq Health Technologies Inc - Net Assets Trend (2006–2022)
This chart illustrates how Reliq Health Technologies 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 Reliq Health Technologies Inc (2006–2022)
The table below shows the annual net assets of Reliq Health Technologies Inc from 2006 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-06-30 | $6.37 Million | +535.69% |
| 2021-06-30 | $1.00 Million | -0.14% |
| 2020-06-30 | $1.00 Million | -62.32% |
| 2019-06-30 | $2.66 Million | -77.49% |
| 2018-06-30 | $11.83 Million | +62692.76% |
| 2017-06-30 | $18.84K | +105.19% |
| 2016-06-30 | $-363.00K | -231.65% |
| 2015-06-30 | $275.72K | +896.36% |
| 2014-06-30 | $27.67K | -95.61% |
| 2013-06-30 | $629.68K | -67.78% |
| 2012-06-30 | $1.95 Million | -29.67% |
| 2011-06-30 | $2.78 Million | +2.82% |
| 2010-06-30 | $2.70 Million | +197.38% |
| 2009-06-30 | $908.78K | +143.93% |
| 2008-06-30 | $372.57K | -6.02% |
| 2006-06-30 | $396.42K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reliq Health Technologies 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 6984011100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $62.57 Million | 982.15% |
| Other Comprehensive Income | $13.52 Million | 212.23% |
| Other Components | $144.00K | 2.26% |
| Total Equity | $6.37 Million | 100.00% |
Reliq Health Technologies Inc Competitors by Market Cap
The table below lists competitors of Reliq Health Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shringar House of Mangalsutra Limited
NSE:SHRINGARMS
|
$20.17K |
|
Buscar Co
PINK:CGLD
|
$20.18K |
|
TAKARA LEBEN
BE:TDI
|
$20.22K |
|
TIBERIUS HLD
BE:CCB
|
$20.22K |
|
byNordic Acquisition Corporation Warrant
PINK:BYNOW
|
$20.16K |
|
Optec International Inc
PINK:OPTI
|
$20.14K |
|
ASANKO GOLD
BE:B7U
|
$20.14K |
|
STHREE
BE:S8T
|
$20.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reliq Health Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,002,200 to 6,370,860, a change of 5,368,660 (535.7%).
- Net loss of 8,170,981 reduced equity.
- Other comprehensive income increased equity by 665,085.
- Other factors increased equity by 12,874,556.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.17 Million | -128.26% |
| Other Comprehensive Income | $665.09K | +10.44% |
| Other Changes | $12.87 Million | +202.09% |
| Total Change | $- | 535.69% |
Book Value vs Market Value Analysis
This analysis compares Reliq Health Technologies 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: 0.00x
- 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 |
|---|---|---|---|
| 2006-06-30 | $13.94 | $0.00 | x |
| 2007-06-30 | $5.79 | $0.00 | x |
| 2008-06-30 | $4.66 | $0.00 | x |
| 2009-06-30 | $3.48 | $0.00 | x |
| 2010-06-30 | $3.99 | $0.00 | x |
| 2011-06-30 | $2.71 | $0.00 | x |
| 2012-06-30 | $1.66 | $0.00 | x |
| 2013-06-30 | $0.53 | $0.00 | x |
| 2014-06-30 | $0.02 | $0.00 | x |
| 2015-06-30 | $0.01 | $0.00 | x |
| 2016-06-30 | $-0.01 | $0.00 | x |
| 2017-06-30 | $0.00 | $0.00 | x |
| 2018-06-30 | $0.12 | $0.00 | x |
| 2019-06-30 | $0.02 | $0.00 | x |
| 2020-06-30 | $0.01 | $0.00 | x |
| 2021-06-30 | $0.01 | $0.00 | x |
| 2022-06-30 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reliq Health Technologies 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): -128.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -95.55%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.61x
- Recent ROE (-128.26%) is above the historical average (-1232.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -0.18% | -264.96% | 0.00x | 1.00x | $-40.37K |
| 2007 | -24.00% | 0.00% | 0.00x | 1.00x | $-137.25K |
| 2008 | -8.35% | 0.00% | 0.00x | 1.03x | $-68.37K |
| 2009 | -80.91% | 0.00% | 0.00x | 1.08x | $-826.13K |
| 2010 | -45.21% | 0.00% | 0.00x | 1.03x | $-1.49 Million |
| 2011 | -30.80% | 0.00% | 0.00x | 1.04x | $-1.13 Million |
| 2012 | -65.24% | -85171.14% | 0.00x | 1.03x | $-1.47 Million |
| 2013 | -222.89% | -2266.89% | 0.09x | 1.06x | $-1.47 Million |
| 2014 | -2737.68% | -2547.84% | 0.17x | 6.23x | $-760.37K |
| 2015 | -1652.54% | -14411.42% | 0.03x | 3.39x | $-4.58 Million |
| 2016 | 0.00% | -529.58% | 0.62x | 0.00x | $-2.80 Million |
| 2017 | -13061.87% | -1347.44% | 0.26x | 37.23x | $-2.46 Million |
| 2018 | -116.61% | -607.92% | 0.18x | 1.04x | $-14.98 Million |
| 2019 | -488.23% | -7148.79% | 0.05x | 1.41x | $-13.27 Million |
| 2020 | -1108.26% | -973.06% | 0.42x | 2.69x | $-11.22 Million |
| 2021 | -1175.47% | -805.69% | 0.42x | 3.45x | $-11.88 Million |
| 2022 | -128.26% | -95.55% | 0.83x | 1.61x | $-8.81 Million |
Industry Comparison
This section compares Reliq Health Technologies 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 |
|---|---|---|---|---|
| Reliq Health Technologies Inc (RQHTF) | $13.42 Million | -0.18% | 0.66x | $20.17K |
| 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 |