VRHI
Veri Medtech Holdings Inc., through its subsidiaries, provides health and wellness services and products through its healthcare technology platform. Its online therapy platforms bridge the gap between mental health professionals and clients seeking support. It offers its services under Veriheal and DosePop brand names. The company was formerly known as Light Media Holdings, Inc. and changed its n… Read more
VRHI (VRHI) - Net Assets
Latest net assets as of June 2024: $33.47K USD
Based on the latest financial reports, VRHI (VRHI) has net assets worth $33.47K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.93K) and total liabilities ($1.46K). 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 | $33.47K |
| % of Total Assets | 95.83% |
| Annual Growth Rate | 14.11% |
| 5-Year Change | 57.84% |
| 10-Year Change | N/A |
| Growth Volatility | 112.32 |
VRHI - Net Assets Trend (2018–2023)
This chart illustrates how VRHI's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VRHI (2018–2023)
The table below shows the annual net assets of VRHI from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $162.22K | -27.46% |
| 2022-12-31 | $223.64K | +187.15% |
| 2021-12-31 | $77.88K | -74.77% |
| 2020-12-31 | $308.74K | +200.41% |
| 2019-12-31 | $102.77K | +22.58% |
| 2018-12-31 | $83.84K | -- |
Equity Component Analysis
This analysis shows how different components contribute to VRHI'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 60848600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.65K | 3.48% |
| Other Comprehensive Income | $38.16K | 23.52% |
| Other Components | $2.27 Million | 1398.79% |
| Total Equity | $162.22K | 100.00% |
VRHI Competitors by Market Cap
The table below lists competitors of VRHI ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YTN Co.Ltd
KQ:040300
|
$3.52 Million |
|
G Capital Public Company Limited
BK:GCAP
|
$3.52 Million |
|
Glostrext Berhad
KLSE:0284
|
$3.53 Million |
|
Kardan Real Estate Enterprise and Development Ltd
TA:KARE
|
$3.53 Million |
|
Renault Société Anonyme
PA:RNL
|
$3.52 Million |
|
Vertical Exploration Inc
PINK:CVVRF
|
$3.52 Million |
|
Kolon Mobility Group Corp. Pfd.
KO:45014K
|
$3.52 Million |
|
SiamEast Solutions Public Company Limited
BK:SE
|
$3.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VRHI's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 223,638 to 162,216, a change of -61,422 (-27.5%).
- Net loss of 61,921 reduced equity.
- Other comprehensive income increased equity by 5,161.
- Other factors decreased equity by 4,662.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-61.92K | -38.17% |
| Other Comprehensive Income | $5.16K | +3.18% |
| Other Changes | $-4.66K | -2.87% |
| Total Change | $- | -27.46% |
Book Value vs Market Value Analysis
This analysis compares VRHI'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: 286.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 442.02x to 286.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.84 | x |
| 2019-12-31 | $0.00 | $0.84 | x |
| 2020-12-31 | $0.01 | $0.84 | x |
| 2021-12-31 | $0.00 | $0.84 | x |
| 2022-12-31 | $0.00 | $0.84 | x |
| 2023-12-31 | $0.00 | $0.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VRHI 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): -38.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.26%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.03x
- Recent ROE (-38.17%) is above the historical average (-38.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -35.01% | -484.07% | 0.04x | 1.85x | $-37.73K |
| 2019 | -62.34% | -636.22% | 0.06x | 1.65x | $-74.34K |
| 2020 | -38.58% | -79.96% | 0.48x | 1.01x | $-149.98K |
| 2021 | -41.75% | -65.96% | 0.14x | 4.49x | $-40.31K |
| 2022 | -17.64% | -156.70% | 0.09x | 1.28x | $-61.80K |
| 2023 | -38.17% | -79.26% | 0.47x | 1.03x | $-78.14K |
Industry Comparison
This section compares VRHI'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 |
|---|---|---|---|---|
| VRHI (VRHI) | $33.47K | -35.01% | 0.04x | $3.52 Million |
| 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 |