Kora Saude Participacoes SA
Kora Saúde Participações S.A. owns and operates hospitals in Brazil. It has hospitals in Espírito Santo, Ceará, Tocantins, Mato Grosso, Distrito Federal, and Goiás. Kora Saúde Participações S.A. was founded in 2001 and is based in Sao Paulo, Brazil.
Kora Saude Participacoes SA (KRSA3) - Net Assets
Latest net assets as of December 2024: R$919.86 Million BRL
Based on the latest financial reports, Kora Saude Participacoes SA (KRSA3) has net assets worth R$919.86 Million BRL as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$4.78 Billion) and total liabilities (R$3.86 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 | R$919.86 Million |
| % of Total Assets | 19.25% |
| Annual Growth Rate | 70.13% |
| 5-Year Change | 398.82% |
| 10-Year Change | N/A |
| Growth Volatility | 215.03 |
Kora Saude Participacoes SA - Net Assets Trend (2017–2024)
This chart illustrates how Kora Saude Participacoes SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kora Saude Participacoes SA (2017–2024)
The table below shows the annual net assets of Kora Saude Participacoes SA from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$919.86 Million | -15.23% |
| 2023-12-31 | R$1.09 Billion | -11.32% |
| 2022-12-31 | R$1.22 Billion | -7.65% |
| 2021-12-31 | R$1.33 Billion | +618.58% |
| 2020-12-31 | R$184.41 Million | +169.22% |
| 2019-12-31 | R$68.50 Million | +211.11% |
| 2018-12-31 | R$22.02 Million | -1.23% |
| 2017-12-31 | R$22.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kora Saude Participacoes SA'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 13474.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$341.50 Million | 41.98% |
| Other Comprehensive Income | R$991.46 Million | 121.88% |
| Total Equity | R$813.46 Million | 100.00% |
Kora Saude Participacoes SA Competitors by Market Cap
The table below lists competitors of Kora Saude Participacoes SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NextCure Inc
NASDAQ:NXTC
|
$24.99 Million |
|
Laboratorios Richmond SACIF
BA:RICH
|
$24.99 Million |
|
NEORIGIN Co. Ltd
KQ:094860
|
$25.00 Million |
|
H-FARM SPA
F:5JQ
|
$25.01 Million |
|
Edisun Power Europe AG
SW:ESUN
|
$24.98 Million |
|
Dorel Industries Inc
PINK:DIIBF
|
$24.98 Million |
|
POZNANSKA K.BUD.P. A ZY1
F:20W
|
$24.97 Million |
|
Gigas Hosting S.A
MC:GIGA
|
$24.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kora Saude Participacoes SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 986,414,000 to 813,456,000, a change of -172,958,000 (-17.5%).
- Net loss of 177,278,000 reduced equity.
- Dividend payments of 2,056,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,350,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-177.28 Million | -21.79% |
| Dividends Paid | R$2.06 Million | -0.25% |
| Other Comprehensive Income | R$2.35 Million | +0.29% |
| Other Changes | R$4.03 Million | +0.49% |
| Total Change | R$- | -17.53% |
Book Value vs Market Value Analysis
This analysis compares Kora Saude Participacoes SA'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: 0.84x
- 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 32.82x to 0.84x 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 | R$0.27 | R$8.87 | x |
| 2019-12-31 | R$0.88 | R$8.87 | x |
| 2020-12-31 | R$2.48 | R$8.87 | x |
| 2021-12-31 | R$21.71 | R$8.87 | x |
| 2022-12-31 | R$14.76 | R$8.87 | x |
| 2023-12-31 | R$12.76 | R$8.87 | x |
| 2024-12-31 | R$10.52 | R$8.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kora Saude Participacoes SA 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): -21.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.82%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 5.87x
- Recent ROE (-21.79%) is below the historical average (-0.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 33.93% | 2.27% | 1.37x | 10.89x | R$4.21 Million |
| 2018 | 8.75% | 0.62% | 1.04x | 13.52x | R$-252.80K |
| 2019 | -4.29% | -0.64% | 0.66x | 10.18x | R$-9.47 Million |
| 2020 | 8.54% | 2.59% | 0.56x | 5.93x | R$-2.72 Million |
| 2021 | -5.09% | -5.05% | 0.32x | 3.15x | R$-188.78 Million |
| 2022 | -9.45% | -5.26% | 0.43x | 4.15x | R$-221.38 Million |
| 2023 | -16.99% | -7.42% | 0.48x | 4.77x | R$-266.27 Million |
| 2024 | -21.79% | -7.82% | 0.47x | 5.87x | R$-258.62 Million |
Industry Comparison
This section compares Kora Saude Participacoes SA's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $1,090,884,333
- Average return on equity (ROE) among peers: 23.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kora Saude Participacoes SA (KRSA3) | R$919.86 Million | 33.93% | 4.19x | $24.99 Million |
| Hospital Mater Dei S.A (MATD3) | $1.75 Billion | 6.82% | 1.95x | $54.42 Million |
| Oncoclinicas do Brasil (ONCO3) | $48.16 Million | 42.58% | 5.65x | $10.95 Million |
| Rede D'Or São Luiz S.A. (RDOR3) | $1.47 Billion | 21.78% | 3.28x | $5.91 Billion |