Kovo Healthtech Corp
Kovo+ Holdings Inc. operates as a healthcare technology company in the United States. The company delivers various software solutions and services, including revenue cycle management, inpatient systems, and ambulatory and eHealth software; and credentialing and hourly services, as well as electronic health records. It also offers associated services, such as electronic claim process, eligibility … Read more
Kovo Healthtech Corp (KOVO) - Net Assets
Latest net assets as of September 2025: CA$-7.53 Million CAD
Based on the latest financial reports, Kovo Healthtech Corp (KOVO) has net assets worth CA$-7.53 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$14.72 Million) and total liabilities (CA$22.25 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-7.53 Million |
| % of Total Assets | -51.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Kovo Healthtech Corp - Net Assets Trend (2020–2024)
This chart illustrates how Kovo Healthtech Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kovo Healthtech Corp (2020–2024)
The table below shows the annual net assets of Kovo Healthtech Corp from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-3.99 Million | -1235.79% |
| 2023-12-31 | CA$-299.00K | -132.36% |
| 2022-12-31 | CA$924.00K | +643.53% |
| 2021-12-31 | CA$-170.00K | +72.31% |
| 2020-12-31 | CA$-614.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kovo Healthtech 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 1350100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$12.82 Million | % |
| Total Equity | CA$-3.99 Million | 100.00% |
Kovo Healthtech Corp Competitors by Market Cap
The table below lists competitors of Kovo Healthtech Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bastion Minerals Limited
F:J57
|
$311.64K |
|
Buenaventura Mining Co Inc
STU:MBU
|
$311.93K |
|
MITSUI O.S.K.LINES - Dusseldorf Stock Exchang
DU:MILA
|
$311.96K |
|
SSE (SCT.SG)
STU:SCT
|
$312.29K |
|
iQ International AG
F:IQL
|
$311.41K |
|
EPR-P-E
NYSE:EPR-P-E
|
$311.20K |
|
Flatex AG
STU:FTK
|
$310.89K |
|
Blockchain Industries Inc
PINK:BCII
|
$310.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kovo Healthtech Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -299,000 to -3,994,000, a change of -3,695,000.
- Net loss of 5,867,000 reduced equity.
- Other factors increased equity by 2,172,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.87 Million | -146.9% |
| Other Changes | CA$2.17 Million | +54.38% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Kovo Healthtech 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 |
|---|---|---|---|
| 2020-12-31 | CA$-0.02 | CA$0.01 | x |
| 2021-12-31 | CA$0.00 | CA$0.01 | x |
| 2022-12-31 | CA$0.02 | CA$0.01 | x |
| 2023-12-31 | CA$-0.01 | CA$0.01 | x |
| 2024-12-31 | CA$-0.03 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kovo Healthtech Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -55.55%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-5.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -39.72% | 0.95x | 0.00x | CA$-1.14 Million |
| 2021 | 0.00% | -45.73% | 0.81x | 0.00x | CA$-2.68 Million |
| 2022 | -27.06% | -2.30% | 1.57x | 7.50x | CA$-342.40K |
| 2023 | 0.00% | -46.77% | 1.08x | 0.00x | CA$-4.65 Million |
| 2024 | 0.00% | -55.55% | 0.93x | 0.00x | CA$-5.47 Million |
Industry Comparison
This section compares Kovo Healthtech Corp's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $-329,360
- Average return on equity (ROE) among peers: -1.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kovo Healthtech Corp (KOVO) | CA$-7.53 Million | 0.00% | N/A | $311.64K |
| Carespan Health Inc (CSPN) | $-2.29 Million | 0.00% | 0.00x | $571.18K |
| Principal Technologies Inc (PTEC) | $1.63 Million | -2.72% | 0.00x | $13.53 Million |