TurnKey Capital Inc
HealthSpan Medical Systems, Inc. develops marijuana based intravenous therapy (IV) infusion blends for healthcare practitioners. The company was incorporated in 2018 and is headquartered in Ft. Lauderdale, Florida.
TurnKey Capital Inc (TKCI) - Net Assets
Latest net assets as of March 2025: $870.78 Million USD
Based on the latest financial reports, TurnKey Capital Inc (TKCI) has net assets worth $870.78 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 ($870.80 Million) and total liabilities ($22.68K). 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 | $870.78 Million |
| % of Total Assets | 100.0% |
| Annual Growth Rate | 140.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 76.3 |
TurnKey Capital Inc - Net Assets Trend (2012–2024)
This chart illustrates how TurnKey Capital 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 TurnKey Capital Inc (2012–2024)
The table below shows the annual net assets of TurnKey Capital Inc from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $870.85 Million | +86188.21% |
| 2022-12-31 | $-1.01 Million | +22.36% |
| 2020-12-31 | $-1.30 Million | -13.81% |
| 2019-12-31 | $-1.14 Million | -39.61% |
| 2018-12-31 | $-819.96K | -32.51% |
| 2017-12-31 | $-618.77K | -34.02% |
| 2016-12-31 | $-461.69K | -135.06% |
| 2015-12-31 | $-196.42K | -252.72% |
| 2014-12-31 | $128.62K | +494773.08% |
| 2013-12-31 | $-26.00 | -100.11% |
| 2012-12-31 | $23.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TurnKey Capital 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 1184068.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.26 Million | 1.29% |
| Common Stock | $423.63K | 0.05% |
| Other Components | $859.16 Million | 98.66% |
| Total Equity | $870.85 Million | 100.00% |
TurnKey Capital Inc Competitors by Market Cap
The table below lists competitors of TurnKey Capital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NIPPON EL GLASS CO
BE:NPG
|
$342.31K |
|
NewOrigin Gold Corp
PINK:TROIF
|
$342.39K |
|
CREDIT IMMOBILIER ET H
BC:CIH
|
$342.46K |
|
OLVI -A- (OVI.SG)
STU:OVI
|
$342.51K |
|
Tortoise Capital Series Trust
NYSE:TCAI
|
$342.03K |
|
Composite Alliance Group Inc
V:CAG
|
$341.97K |
|
Transforma Resources Corp
V:TFM
|
$341.87K |
|
MEDIMI AB AK
F:79T
|
$341.57K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TurnKey Capital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from -1,011,573 to 870,845,076, a change of 871,856,649.
- Net income of 10,762,712 contributed positively to equity growth.
- Other factors increased equity by 861,093,937.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.76 Million | +1.24% |
| Other Changes | $861.09 Million | +98.88% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares TurnKey Capital 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: 0.60x
- 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.
- The price-to-book ratio has decreased from 10.31x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.12 | $1.23 | x |
| 2013-12-31 | $0.00 | $1.23 | x |
| 2014-12-31 | $-0.01 | $1.23 | x |
| 2015-12-31 | $-0.01 | $1.23 | x |
| 2016-12-31 | $-0.01 | $1.23 | x |
| 2017-12-31 | $-0.02 | $1.23 | x |
| 2018-12-31 | $-0.02 | $1.23 | x |
| 2019-12-31 | $-0.03 | $1.23 | x |
| 2020-12-31 | $-0.03 | $1.23 | x |
| 2022-12-31 | $-0.01 | $1.23 | x |
| 2024-12-31 | $2.06 | $1.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TurnKey Capital 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): 1.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 98.72%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (1.24%) is above the historical average (0.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -358.22% | 2.97x | 0.00x | $-23.17K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-427.57K |
| 2015 | 0.00% | -3063.21% | 0.07x | 0.00x | $-658.49K |
| 2016 | 0.00% | -1321.41% | 16.14x | 0.00x | $-219.10K |
| 2017 | 0.00% | -131.45% | 59.01x | 0.00x | $-95.20K |
| 2018 | 0.00% | -584.60% | 11.53x | 0.00x | $-268.76K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-210.34K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-477.85K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-195.00K |
| 2024 | 1.24% | 98.72% | 0.01x | 1.00x | $-76.32 Million |
Industry Comparison
This section compares TurnKey Capital Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TurnKey Capital Inc (TKCI) | $870.78 Million | 0.00% | 0.00x | $342.15K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |