Medilines Distributors Inc
Medilines Distributors Inc operates in Health Care Equipment.
Medilines Distributors Inc (MEDIC) - Net Assets
Latest net assets as of June 2023: ₱2.11 Billion PHP
Based on the latest financial reports, Medilines Distributors Inc (MEDIC) has net assets worth ₱2.11 Billion PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱4.32 Billion) and total liabilities (₱2.21 Billion). 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 | ₱2.11 Billion |
| % of Total Assets | 48.81% |
| Annual Growth Rate | 44.2% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 78.97 |
Medilines Distributors Inc - Net Assets Trend (2018–2022)
This chart illustrates how Medilines Distributors 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 Medilines Distributors Inc (2018–2022)
The table below shows the annual net assets of Medilines Distributors Inc from 2018 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱2.11 Billion | +8.54% |
| 2021-12-31 | ₱1.94 Billion | +195.76% |
| 2020-12-31 | ₱656.20 Million | +18.58% |
| 2019-12-31 | ₱553.40 Million | +13.59% |
| 2018-12-31 | ₱487.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Medilines Distributors 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 28.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱337.97 Million | 16.04% |
| Common Stock | ₱687.50 Million | 32.64% |
| Other Components | ₱1.08 Billion | 51.32% |
| Total Equity | ₱2.11 Billion | 100.00% |
Medilines Distributors Inc Competitors by Market Cap
The table below lists competitors of Medilines Distributors Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taylor Consulting Inc
PINK:TAYO
|
$33.05 |
|
SOCResources Inc
PSE:SOC
|
$33.08 |
|
InterCare DX Inc
PINK:ICCO
|
$33.16 |
|
Premiere Entertainment Inc
PSE:PHA
|
$33.52 |
|
SUPERIOR RES
BE:3SC
|
$32.95 |
|
CardXX Inc
PINK:CXCQ
|
$32.89 |
|
BWCCF
PINK:BWCCF
|
$32.79 |
|
Spiritus Mundi PLC
LSE:SPMU
|
$32.69 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Medilines Distributors Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,940,777,670 to 2,106,432,260, a change of 165,654,590 (8.5%).
- Net income of 191,971,860 contributed positively to equity growth.
- Share repurchases of 813,240 reduced equity.
- Other factors decreased equity by 25,504,030.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱191.97 Million | +9.11% |
| Share Repurchases | ₱813.24K | -0.04% |
| Other Changes | ₱-25.50 Million | -1.21% |
| Total Change | ₱- | 8.54% |
Book Value vs Market Value Analysis
This analysis compares Medilines Distributors 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: 0.27x
- 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 1.19x to 0.27x 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 | ₱0.18 | ₱0.21 | x |
| 2019-12-31 | ₱0.20 | ₱0.21 | x |
| 2020-12-31 | ₱0.24 | ₱0.21 | x |
| 2021-12-31 | ₱0.71 | ₱0.21 | x |
| 2022-12-31 | ₱0.77 | ₱0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Medilines Distributors 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): 9.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.77%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.91x
- Recent ROE (9.11%) is below the historical average (12.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 15.70% | 6.53% | 0.84x | 2.86x | ₱27.78 Million |
| 2019 | 12.03% | 4.99% | 0.71x | 3.40x | ₱11.26 Million |
| 2020 | 15.70% | 7.02% | 0.48x | 4.70x | ₱37.38 Million |
| 2021 | 8.74% | 10.70% | 0.40x | 2.05x | ₱-24.45 Million |
| 2022 | 9.11% | 9.77% | 0.49x | 1.91x | ₱-18.67 Million |
Industry Comparison
This section compares Medilines Distributors Inc's net assets metrics with peer companies in the Healthcare Equipment & Supplies industry.
No peer company data available for comparison.