Perimeter Medical Imaging AI Inc (PINK) - Net Assets
Based on the latest financial reports, Perimeter Medical Imaging AI Inc (PINK) has net assets worth CA$3.48 Million CAD (≈ $2.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$5.99 Million ≈ $4.33 Million USD) and total liabilities (CA$2.51 Million ≈ $1.81 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 Perimeter Medical Imaging AI Inc (PINK) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.48 Million |
| % of Total Assets | 58.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.83% |
| 10-Year Change | N/A |
| Growth Volatility | 124.03 |
Perimeter Medical Imaging AI Inc - Net Assets Trend (2019–2024)
This chart illustrates how Perimeter Medical Imaging AI Inc's net assets have evolved over time, based on quarterly financial data. Also explore PINK total asset value for the complete picture of this company's asset base.
Annual Net Assets for Perimeter Medical Imaging AI Inc (2019–2024)
The table below shows the annual net assets of Perimeter Medical Imaging AI Inc from 2019 to 2024. For live valuation and market cap data, see PINK company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$10.45 Million ≈ $7.56 Million |
-47.70% |
| 2023-12-31 | CA$19.99 Million ≈ $14.46 Million |
-23.43% |
| 2022-12-31 | CA$26.11 Million ≈ $18.88 Million |
+251.67% |
| 2021-12-31 | CA$7.42 Million ≈ $5.37 Million |
-31.00% |
| 2020-12-31 | CA$10.76 Million ≈ $7.78 Million |
+165.31% |
| 2019-12-31 | CA$-16.47 Million ≈ $-11.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Perimeter Medical Imaging AI 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 4730920200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$97.21 Million | 929.79% |
| Total Equity | CA$10.45 Million | 100.00% |
Perimeter Medical Imaging AI Inc Competitors by Market Cap
The table below lists competitors of Perimeter Medical Imaging AI Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Terranet AB
ST:TERRNT-B
|
$31.31 Million |
|
Focus Graphite Inc
V:FMS
|
$31.32 Million |
|
Maquia Capital Acquisition Corp
NASDAQ:MAQC
|
$31.33 Million |
|
Aaron Industries Limited
NSE:AARON
|
$31.35 Million |
|
Jeil Steel Mfg Co. Ltd
KQ:023440
|
$31.29 Million |
|
ML System S.A.
WAR:MLS
|
$31.28 Million |
|
LivePerson Inc
NASDAQ:LPSN
|
$31.28 Million |
|
Headway
TW:1776
|
$31.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Perimeter Medical Imaging AI Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,864,451 to 10,454,818, a change of -9,409,633 (-47.4%).
- Net loss of 13,393,928 reduced equity.
- New share issuances of 8,653,980 increased equity.
- Other comprehensive income increased equity by 1,361,596.
- Other factors decreased equity by 6,031,281.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-13.39 Million | -128.11% |
| Share Issuances | CA$8.65 Million | +82.78% |
| Other Comprehensive Income | CA$1.36 Million | +13.02% |
| Other Changes | CA$-6.03 Million | -57.69% |
| Total Change | CA$- | -47.37% |
Book Value vs Market Value Analysis
This analysis compares Perimeter Medical Imaging AI Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$-1.28 | CA$0.33 | x |
| 2020-12-31 | CA$0.40 | CA$0.33 | x |
| 2021-12-31 | CA$0.17 | CA$0.33 | x |
| 2022-12-31 | CA$0.43 | CA$0.33 | x |
| 2023-12-31 | CA$0.31 | CA$0.33 | x |
| 2024-12-31 | CA$0.11 | CA$0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Perimeter Medical Imaging AI Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -128.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1582.84%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.37x
- Recent ROE (-128.11%) is below the historical average (-89.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-8.85 Million |
| 2020 | -74.39% | 0.00% | 0.00x | 1.22x | CA$-9.08 Million |
| 2021 | -225.80% | -147774.66% | 0.00x | 1.34x | CA$-17.50 Million |
| 2022 | -13.74% | -2700.97% | 0.00x | 1.33x | CA$-6.20 Million |
| 2023 | -95.37% | -3478.28% | 0.02x | 1.36x | CA$-20.93 Million |
| 2024 | -128.11% | -1582.84% | 0.06x | 1.37x | CA$-14.44 Million |
Industry Comparison
This section compares Perimeter Medical Imaging AI Inc's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $276,502
- Average return on equity (ROE) among peers: -452.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Perimeter Medical Imaging AI Inc (PINK) | CA$3.48 Million | 0.00% | 0.72x | $31.30 Million |
| Aurora Spine Corp (ASG) | $3.28 Million | -7.07% | 1.18x | $13.55 Million |
| MedX Health Corp (MDX) | $-1.83 Million | 0.00% | 0.00x | $13.05 Million |
| NuGen Medical Devices Inc (NGMD) | $-2.06 Million | 0.00% | 0.00x | $3.41 Million |
| Profound Medical Corp (PRN) | $1.37 Million | -599.66% | 0.08x | $246.52 Million |
| Therma Bright Inc (THRM) | $-71.59K | 0.00% | 0.00x | $2.52 Million |
| Theralase Technologies Inc. (TLT) | $1.05 Million | 5.63% | 0.15x | $58.45 Million |
| VentriPoint Diagnostics Ltd (VPT) | $189.71K | -2568.15% | 8.93x | $20.53 Million |
About Perimeter Medical Imaging AI Inc
Perimeter Medical Imaging AI, Inc., a medical technology company, provides advanced imaging solutions to address unmet medical needs. The company offers the Perimeter S-Series optical coherence tomography (OCT) imaging system, which delivers high-resolution margin visualization of excised tissue specimens in the operating room. It is also developing the Perimeter B-Series OCT with ImgAssist artif… Read more