Jack Nathan Medical Corp (JNH) - Net Assets
Based on the latest financial reports, Jack Nathan Medical Corp (JNH) has net assets worth CA$-4.85 Million CAD (≈ $-3.51 Million USD) as of October 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$11.91 Million ≈ $8.61 Million USD) and total liabilities (CA$16.75 Million ≈ $12.12 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Jack Nathan Medical Corp (JNH) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-4.85 Million |
| % of Total Assets | -40.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 898.18 |
Jack Nathan Medical Corp - Net Assets Trend (2019–2023)
This chart illustrates how Jack Nathan Medical Corp's net assets have evolved over time, based on quarterly financial data. See JNH defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jack Nathan Medical Corp (2019–2023)
The table below shows the annual net assets of Jack Nathan Medical Corp from 2019 to 2023. For live valuation and market cap data, see Jack Nathan Medical Corp (JNH) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2023-01-31 | CA$-1.87 Million ≈ $-1.35 Million |
-145.75% |
| 2022-01-31 | CA$4.08 Million ≈ $2.95 Million |
-52.09% |
| 2021-01-31 | CA$8.52 Million ≈ $6.16 Million |
+2087.41% |
| 2020-01-31 | CA$389.59K ≈ $281.83K |
+411.26% |
| 2019-01-31 | CA$76.20K ≈ $55.12K |
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Equity Component Analysis
This analysis shows how different components contribute to Jack Nathan Medical Corp'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 9908.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$19.77 Million | % |
| Other Components | CA$4.29 Million | % |
| Total Equity | CA$-1.87 Million | 100.00% |
Jack Nathan Medical Corp Competitors by Market Cap
The table below lists competitors of Jack Nathan Medical Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innoviz Technologies Ltd
NASDAQ:INVZW
|
$70.52 |
|
Nuvve Holding Corp
NASDAQ:NVVEW
|
$72.37 |
|
Ordinary Fully Paid Deferred Settlement
AU:CNJDG
|
$77.58 |
|
RPCG PCL F
F:R4Q
|
$80.75 |
|
European Resources Limited
AU:ERE
|
$61.31 |
|
Seelos Therapeutics, Inc.
NASDAQ:SEELQ
|
$58.00 |
|
Godha Cabcon & Insulation Limited
NSE:GODHA
|
$52.80 |
|
Solartron Public Company Limited
F:TUUF
|
$47.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jack Nathan Medical Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,082,536 to -1,867,757, a change of -5,950,293 (-145.7%).
- Net loss of 7,077,020 reduced equity.
- Other factors increased equity by 1,126,727.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-7.08 Million | -378.9% |
| Other Changes | CA$1.13 Million | +60.33% |
| Total Change | CA$- | -145.75% |
Book Value vs Market Value Analysis
This analysis compares Jack Nathan Medical Corp'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 |
|---|---|---|---|
| 2019-01-31 | CA$0.03 | CA$0.01 | x |
| 2020-01-31 | CA$0.15 | CA$0.01 | x |
| 2021-01-31 | CA$0.11 | CA$0.01 | x |
| 2022-01-31 | CA$0.05 | CA$0.01 | x |
| 2023-01-31 | CA$-0.02 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jack Nathan Medical Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.69%
- • Asset Turnover: 2.40x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-73.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -23.73% | 0.00% | 0.00x | 1.10x | CA$-25.71K |
| 2020 | -34.55% | 0.00% | 0.00x | 1.04x | CA$-173.57K |
| 2021 | -116.18% | -257.34% | 0.36x | 1.25x | CA$-10.77 Million |
| 2022 | -191.24% | -81.00% | 1.18x | 1.99x | CA$-8.22 Million |
| 2023 | 0.00% | -45.69% | 2.40x | 0.00x | CA$-6.89 Million |
Industry Comparison
This section compares Jack Nathan Medical Corp's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $257,830,475
- Average return on equity (ROE) among peers: -3.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jack Nathan Medical Corp (JNH) | CA$-4.85 Million | -23.73% | N/A | $65.29 |
| HealWELL AI Inc. (AIDX) | $73.67 Million | -35.69% | 0.70x | $183.88 Million |
| CareRx Corp (CRRX) | $14.95 Million | 308.35% | 24.26x | $146.41 Million |
| dentalcorp Holdings Ltd (DNTL) | $1.74 Billion | -4.93% | 0.89x | $1.52 Billion |
| Medical Facilities Corporation (DR) | $78.69 Million | 0.02% | 2.29x | $224.71 Million |
| Element Lifestyle Retirement Inc (ELM) | $-470.32K | 0.00% | 0.00x | $509.83K |
| Extendicare Inc (EXE) | $373.37 Million | 25.89% | 1.86x | $2.32 Billion |
| Nova Leap Health Corp (NLH) | $19.04 Million | -1.00% | 0.23x | $23.37 Million |
| NeuPath Health Inc (NPTH) | $21.65 Million | -19.24% | 1.08x | $25.20 Million |
| Premier Health of America Inc (PHA) | $4.08 Million | -306.33% | 17.09x | $401.58K |
About Jack Nathan Medical Corp
Jack Nathan Medical Corp., together with its subsidiaries, designs, builds, and operates medical clinics in Canada and Mexico. It operates Jack Nathan MedSpa, a aesthetic wellness platform that provides aesthetic and wellness services, including injectables, skin rejuvenation, laser treatments and therapies, skin care therapies, and wellness treatments. In addition, the company's platform also su… Read more