Reliq Health Technologies Inc (RHT) - Net Assets
Based on the latest financial reports, Reliq Health Technologies Inc (RHT) has net assets worth CA$13.42 Million CAD (≈ $9.71 Million USD) as of March 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$22.29 Million ≈ $16.12 Million USD) and total liabilities (CA$8.87 Million ≈ $6.42 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 Reliq Health Technologies Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$13.42 Million |
| % of Total Assets | 60.2% |
| Annual Growth Rate | 29.71% |
| 5-Year Change | -46.15% |
| 10-Year Change | 911.75% |
| Growth Volatility | 16130.58 |
Reliq Health Technologies Inc - Net Assets Trend (2006–2022)
This chart illustrates how Reliq Health Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore RHT total assets for the complete picture of this company's asset base.
Annual Net Assets for Reliq Health Technologies Inc (2006–2022)
The table below shows the annual net assets of Reliq Health Technologies Inc from 2006 to 2022. For live valuation and market cap data, see market value of Reliq Health Technologies Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2022-06-30 | CA$6.37 Million ≈ $4.61 Million |
+535.69% |
| 2021-06-30 | CA$1.00 Million ≈ $724.98K |
-0.14% |
| 2020-06-30 | CA$1.00 Million ≈ $725.98K |
-62.32% |
| 2019-06-30 | CA$2.66 Million ≈ $1.93 Million |
-77.49% |
| 2018-06-30 | CA$11.83 Million ≈ $8.56 Million |
+62692.76% |
| 2017-06-30 | CA$18.84K ≈ $13.63K |
+105.19% |
| 2016-06-30 | CA$-363.00K ≈ $-262.59K |
-231.65% |
| 2015-06-30 | CA$275.72K ≈ $199.45K |
+227.07% |
| 2014-06-30 | CA$84.30K ≈ $60.98K |
-86.61% |
| 2013-06-30 | CA$629.68K ≈ $455.50K |
-67.78% |
| 2012-06-30 | CA$1.95 Million ≈ $1.41 Million |
-29.67% |
| 2011-06-30 | CA$2.78 Million ≈ $2.01 Million |
+2.82% |
| 2010-06-30 | CA$2.70 Million ≈ $1.95 Million |
+197.38% |
| 2009-06-30 | CA$908.78K ≈ $657.40K |
+143.93% |
| 2008-06-30 | CA$372.57K ≈ $269.51K |
+275.29% |
| 2006-06-30 | CA$99.27K ≈ $71.81K |
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Equity Component Analysis
This analysis shows how different components contribute to Reliq Health Technologies 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 6986487000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$62.57 Million | 982.15% |
| Other Comprehensive Income | CA$13.52 Million | 212.23% |
| Other Components | CA$144.00K | 2.26% |
| Total Equity | CA$6.37 Million | 100.00% |
Reliq Health Technologies Inc Competitors by Market Cap
The table below lists competitors of Reliq Health Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ascendis Health Ltd
JSE:ASC
|
$30.61 Million |
|
Altustfi
WAR:ALI
|
$30.63 Million |
|
CQV Co. Ltd
KQ:101240
|
$30.65 Million |
|
Net Digital AG
XETRA:VRL
|
$30.66 Million |
|
FSBM Holdings Bhd
KLSE:9377
|
$30.60 Million |
|
Cavendish Hydrogen ASA
OL:CAVEN
|
$30.59 Million |
|
Hotel Fitra International Tbk PT
JK:FITT
|
$30.57 Million |
|
OHEIM INT Co.Ltd
KQ:309930
|
$30.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reliq Health Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,002,201 to 6,370,860, a change of 5,368,659 (535.7%).
- Net loss of 8,046,214 reduced equity.
- Other comprehensive income increased equity by 665,085.
- Other factors increased equity by 12,749,788.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.05 Million | -126.3% |
| Other Comprehensive Income | CA$665.09K | +10.44% |
| Other Changes | CA$12.75 Million | +200.13% |
| Total Change | CA$- | 535.69% |
Book Value vs Market Value Analysis
This analysis compares Reliq Health Technologies 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: 6.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.06x to 6.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | CA$3.49 | CA$0.22 | x |
| 2007-06-30 | CA$5.79 | CA$0.22 | x |
| 2008-06-30 | CA$4.66 | CA$0.22 | x |
| 2009-06-30 | CA$3.48 | CA$0.22 | x |
| 2010-06-30 | CA$3.99 | CA$0.22 | x |
| 2011-06-30 | CA$2.71 | CA$0.22 | x |
| 2012-06-30 | CA$1.66 | CA$0.22 | x |
| 2013-06-30 | CA$0.53 | CA$0.22 | x |
| 2014-06-30 | CA$0.06 | CA$0.22 | x |
| 2015-06-30 | CA$0.01 | CA$0.22 | x |
| 2016-06-30 | CA$-0.01 | CA$0.22 | x |
| 2017-06-30 | CA$0.00 | CA$0.22 | x |
| 2018-06-30 | CA$0.12 | CA$0.22 | x |
| 2019-06-30 | CA$0.02 | CA$0.22 | x |
| 2020-06-30 | CA$0.01 | CA$0.22 | x |
| 2021-06-30 | CA$0.01 | CA$0.22 | x |
| 2022-06-30 | CA$0.03 | CA$0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reliq Health Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -126.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -94.09%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.61x
- Recent ROE (-126.30%) is above the historical average (-1118.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -0.73% | -264.96% | 0.00x | 1.04x | CA$-10.65K |
| 2007 | -24.00% | 0.00% | 0.00x | 1.00x | CA$-137.25K |
| 2008 | -8.35% | 0.00% | 0.00x | 1.03x | CA$-68.37K |
| 2009 | -80.91% | 0.00% | 0.00x | 1.08x | CA$-826.13K |
| 2010 | -45.21% | 0.00% | 0.00x | 1.03x | CA$-1.49 Million |
| 2011 | -27.94% | 0.00% | 0.00x | 1.04x | CA$-1.05 Million |
| 2012 | -65.24% | 0.00% | 0.00x | 1.03x | CA$-1.47 Million |
| 2013 | -222.89% | 0.00% | 0.00x | 1.06x | CA$-1.47 Million |
| 2014 | -831.52% | -2357.40% | 0.18x | 2.01x | CA$-709.40K |
| 2015 | -1652.54% | -14411.42% | 0.03x | 3.39x | CA$-4.58 Million |
| 2016 | 0.00% | -529.58% | 0.62x | 0.00x | CA$-2.80 Million |
| 2017 | -13061.87% | -1347.44% | 0.26x | 37.23x | CA$-2.46 Million |
| 2018 | -116.61% | -607.92% | 0.18x | 1.04x | CA$-14.98 Million |
| 2019 | -454.69% | -6657.71% | 0.05x | 1.41x | CA$-12.38 Million |
| 2020 | -1111.86% | -976.23% | 0.42x | 2.69x | CA$-11.26 Million |
| 2021 | -1180.12% | -808.88% | 0.42x | 3.45x | CA$-11.93 Million |
| 2022 | -126.30% | -94.09% | 0.83x | 1.61x | CA$-8.68 Million |
Industry Comparison
This section compares Reliq Health Technologies 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: $497,003
- Average return on equity (ROE) among peers: -63.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reliq Health Technologies Inc (RHT) | CA$13.42 Million | -0.73% | 0.66x | $30.60 Million |
| Diagnos Inc (ADK) | $-3.64 Million | 0.00% | 0.00x | $16.95 Million |
| Comprehensive Healthcare Systems Inc (CHS) | $-6.43 Million | 0.00% | 0.00x | $8.96 Million |
| Carespan Health Inc (CSPN) | $-2.29 Million | 0.00% | 0.00x | $688.89K |
| CardioComm Solutions Inc. (EKG) | $-670.32K | 0.00% | 0.00x | $1.43 Million |
| Kovo Healthtech Corp (KOVO) | $-299.00K | 0.00% | 0.00x | $1.77 Million |
| Kneat.com Inc (KSI) | $11.18 Million | -56.63% | 0.31x | $309.65 Million |
| Newtopia Inc (NEWU) | $4.20 Million | -184.10% | 0.88x | $626.69K |
| NexgenRX Inc. (NXG) | $1.96 Million | -31.90% | 3.93x | $19.03 Million |
| Principal Technologies Inc (PTEC) | $452.37K | -298.34% | 0.68x | $19.20 Million |
About Reliq Health Technologies Inc
Reliq Health Technologies Inc., a healthcare technology company, develops secure telemedicine and virtual care solutions for the healthcare market. It offers iUGO Care platform, a software as a solution that allows complex patients to receive care in the home. The company was formerly known as Moseda Technologies Inc. and changed its name to Reliq Health Technologies Inc. in May 2016. Reliq Healt… Read more