Carespan Health Inc
CareSpan Health, Inc., together with its subsidiaries, operates as a healthcare technology and services company in the United States. The company offers CareSpan Clinic, a clinic-in-the-cloud workflow-driven platform that integrates remote patient monitoring, diagnostic tools, patient electronic health records, care collaboration capabilities, patient engagement, e-prescribing, and lab ordering, … Read more
Carespan Health Inc (CSPN) - Net Assets
Latest net assets as of March 2025: CA$-2.92 Million CAD
Based on the latest financial reports, Carespan Health Inc (CSPN) has net assets worth CA$-2.92 Million CAD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$116.81K) and total liabilities (CA$3.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.92 Million |
| % of Total Assets | -2500.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Carespan Health Inc - Net Assets Trend (2021–2024)
This chart illustrates how Carespan Health 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 Carespan Health Inc (2021–2024)
The table below shows the annual net assets of Carespan Health Inc from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-2.82 Million | -23.33% |
| 2023-12-31 | CA$-2.29 Million | -158.29% |
| 2022-12-31 | CA$-885.02K | -26.52% |
| 2021-12-31 | CA$-699.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carespan Health 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 535741800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$18.99 Million | % |
| Total Equity | CA$-2.82 Million | 100.00% |
Carespan Health Inc Competitors by Market Cap
The table below lists competitors of Carespan Health Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CAMELEON SOFTWARE
F:AJ6
|
$572.19K |
|
New Horizon Group Ltd
TA:NERZ
|
$572.27K |
|
Gossan Resources Limited
PINK:GSSRF
|
$572.36K |
|
Discovery-Corp Enterprises Inc.
V:DCY
|
$572.39K |
|
Scout Gaming Group AB
ST:SCOUT
|
$570.90K |
|
JOHN B SAN FILIPPO
BE:JO1
|
$570.86K |
|
GameOn Entertainment Technologies Inc
OTCQB:GMETF
|
$570.15K |
|
Gresham House Income & Growth 2 VCT Ord
LSE:GHV2
|
$569.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carespan Health Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,285,911 to -2,819,276, a change of -533,365.
- Net loss of 436,470 reduced equity.
- Other factors decreased equity by 96,895.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-436.47K | -15.48% |
| Other Changes | CA$-96.89K | -3.44% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Carespan Health 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 |
|---|---|---|---|
| 2021-12-31 | CA$-0.01 | CA$0.02 | x |
| 2022-12-31 | CA$-0.02 | CA$0.02 | x |
| 2023-12-31 | CA$-0.05 | CA$0.02 | x |
| 2024-12-31 | CA$-0.06 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carespan Health Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -72.30%
- • Asset Turnover: 4.67x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -113.46% | 2.13x | 0.00x | CA$-6.50 Million |
| 2022 | 0.00% | -63.63% | 3.29x | 0.00x | CA$-2.80 Million |
| 2023 | 0.00% | -80.44% | 11.18x | 0.00x | CA$-1.81 Million |
| 2024 | 0.00% | -72.30% | 4.67x | 0.00x | CA$-154.54K |
Industry Comparison
This section compares Carespan Health Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $1,275,595
- Average return on equity (ROE) among peers: -14.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carespan Health Inc (CSPN) | CA$-2.92 Million | 0.00% | N/A | $571.18K |
| Kovo Healthtech Corp (KOVO) | $924.00K | -27.06% | 6.50x | $311.64K |
| Principal Technologies Inc (PTEC) | $1.63 Million | -2.72% | 0.00x | $13.53 Million |