Wearable Health Solutions Inc
Wearable Health Solutions, Inc. provides mobile health products and services in the United States, Canada, and New Zealand. The company manufactures medical alarm devices that are used to summon help in the event of an emergency. It offers MediPendant, a medical alarm product with speaker in the pendant that enables the user to simply speak and listen directly through the pendant in the event of … Read more
Wearable Health Solutions Inc (WHSI) - Net Assets
Latest net assets as of December 2023: $-3.09 Million USD
Based on the latest financial reports, Wearable Health Solutions Inc (WHSI) has net assets worth $-3.09 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($89.58K) and total liabilities ($3.18 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 | $-3.09 Million |
| % of Total Assets | -3452.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Wearable Health Solutions Inc - Net Assets Trend (2009–2023)
This chart illustrates how Wearable Health Solutions 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 Wearable Health Solutions Inc (2009–2023)
The table below shows the annual net assets of Wearable Health Solutions Inc from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | $-3.58 Million | -70.97% |
| 2022-06-30 | $-2.09 Million | +37.55% |
| 2021-06-30 | $-3.35 Million | -46.08% |
| 2020-06-30 | $-2.29 Million | -43.20% |
| 2019-06-30 | $-1.60 Million | -5.41% |
| 2018-06-30 | $-1.52 Million | -22.52% |
| 2017-06-30 | $-1.24 Million | -10.79% |
| 2016-06-30 | $-1.12 Million | -38.41% |
| 2015-06-30 | $-808.69K | +60.29% |
| 2014-06-30 | $-2.04 Million | +38.35% |
| 2013-06-30 | $-3.30 Million | -63.13% |
| 2011-06-30 | $-2.03 Million | +18.06% |
| 2010-06-30 | $-2.47 Million | -348.58% |
| 2009-06-30 | $-550.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wearable Health Solutions 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 3999825600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $156.62K | % |
| Other Comprehensive Income | $604.34K | % |
| Other Components | $37.47 Million | % |
| Total Equity | $-3.58 Million | 100.00% |
Wearable Health Solutions Inc Competitors by Market Cap
The table below lists competitors of Wearable Health Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E Split Corp Class A
TO:ENS
|
$118.61K |
|
Texas Gulf Energy In
PINK:TXGE
|
$118.71K |
|
Airesis SA
SW:AIRE
|
$118.79K |
|
BGLC39
SA:BGLC39
|
$118.84K |
|
FCRTX
NMFQS:FCRTX
|
$118.60K |
|
ATLANTA ELECTRICALS LTD
NSE:ATLANTAELE
|
$118.50K |
|
Fidia S.p.A.
F:FIC0
|
$118.45K |
|
Brookfield Real Assets Income
NYSE:RA
|
$118.43K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wearable Health Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -2,092,227 to -3,577,112, a change of -1,484,885.
- Net loss of 2,388,467 reduced equity.
- New share issuances of 819,500 increased equity.
- Other comprehensive income increased equity by 196,658.
- Other factors decreased equity by 112,576.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.39 Million | -66.77% |
| Share Issuances | $819.50K | +22.91% |
| Other Comprehensive Income | $196.66K | +5.5% |
| Other Changes | $-112.58K | -3.15% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Wearable Health Solutions 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 |
|---|---|---|---|
| 2009-06-30 | $-9.74 | $0.00 | x |
| 2010-06-30 | $-21.73 | $0.00 | x |
| 2011-06-30 | $-5.47 | $0.00 | x |
| 2013-06-30 | $-5.80 | $0.00 | x |
| 2014-06-30 | $-0.54 | $0.00 | x |
| 2015-06-30 | $-0.13 | $0.00 | x |
| 2016-06-30 | $-0.15 | $0.00 | x |
| 2017-06-30 | $-0.02 | $0.00 | x |
| 2018-06-30 | $-0.03 | $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 | $0.00 | $0.00 | x |
| 2023-06-30 | $0.00 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wearable Health Solutions 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: -320.56%
- • Asset Turnover: 3.34x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.70 Million |
| 2010 | 0.00% | -760.14% | 0.32x | 0.00x | $-4.42 Million |
| 2011 | 0.00% | -90.00% | 0.33x | 0.00x | $-205.03K |
| 2013 | 0.00% | -438.58% | 0.38x | 0.00x | $-2.01 Million |
| 2014 | 0.00% | 19.51% | 0.99x | 0.00x | $428.69K |
| 2015 | 0.00% | 72.07% | 4.18x | 0.00x | $907.57K |
| 2016 | 0.00% | -60.24% | 2.27x | 0.00x | $-668.43K |
| 2017 | 0.00% | -439.18% | 2.05x | 0.00x | $-3.61 Million |
| 2018 | 0.00% | -28.61% | 4.24x | 0.00x | $-127.31K |
| 2019 | 0.00% | -13.04% | 3.47x | 0.00x | $27.84K |
| 2020 | 0.00% | -39.01% | 1.81x | 0.00x | $-224.48K |
| 2021 | 0.00% | -237.64% | 1.54x | 0.00x | $-2.98 Million |
| 2022 | 0.00% | -1248.10% | 3.08x | 0.00x | $-12.84 Million |
| 2023 | 0.00% | -320.56% | 3.34x | 0.00x | $-2.03 Million |
Industry Comparison
This section compares Wearable Health Solutions Inc's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $2,683,526,542
- Average return on equity (ROE) among peers: -32.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wearable Health Solutions Inc (WHSI) | $-3.09 Million | 0.00% | N/A | $118.60K |
| ANGELALIGN TECHNOLOGY INC (AGLFF) | $480.24 Million | 2.52% | 0.41x | $405.57 Million |
| Akoya Biosciences Inc (AKYA) | $-30.16 Million | 0.00% | 0.00x | $16.24 Million |
| Alcon AG (ALC) | $19.68 Billion | 1.70% | 0.48x | $37.82 Billion |
| Align Technology Inc (ALGN) | $3.85 Billion | 10.94% | 0.61x | $11.75 Billion |
| AngioDynamics Inc (ANGO) | $355.71 Million | 3.06% | 0.15x | $354.40 Million |
| Ansell Limited (ANSLF) | $386.33 Million | -0.45% | 0.87x | $2.58 Billion |
| AptarGroup Inc (ATR) | $2.07 Billion | 11.57% | 1.03x | $8.27 Billion |
| AtriCure Inc (ATRC) | $72.60 Million | -15.79% | 0.54x | $1.42 Billion |
| Avinger Inc (AVGR) | $-35.69 Million | 0.00% | 0.00x | $1.26 Million |
| Anteris Technologies Global Corp. Common Stock (AVR) | $9.03 Million | -338.35% | 0.77x | $156.14 Million |