Premier Health of America Inc (PHA) — Tangible Net Worth Ratio
Premier Health of America Inc (PHA) has a Tangible Net Worth Ratio of -964.8% as of December 2024. This metric is calculated by deducting intangible assets (CA$19.67 Million) from net assets (CA$1.85 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. For live market cap and overall valuation, see Premier Health of America Inc (PHA) market capitalisation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Premier Health of America Inc Tangible Net Worth Ratio (2017–2024)
This chart shows how Premier Health of America Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at -964.8%, reflecting net assets of CA$1.85 Million with intangible assets of CA$19.67 Million CAD. Also explore Premier Health of America Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Premier Health of America Inc (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Premier Health of America Inc from 2017 to 2024, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See PHA financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -394.4% | CA$4.08 Million | CA$20.15 Million | CA$73.72 Million | ▼ -433.0 pp |
| 2023 | 38.6% | CA$16.44 Million | CA$10.10 Million | CA$56.71 Million | ▲ +2.7 pp |
| 2022 | 35.8% | CA$18.47 Million | CA$11.85 Million | CA$57.09 Million | ▼ -8.7 pp |
| 2021 | 44.6% | CA$17.32 Million | CA$9.60 Million | CA$39.13 Million | ▼ -51.9 pp |
| 2020 | 96.5% | CA$3.87 Million | CA$135.00K | CA$8.72 Million | ▼ -3.5 pp |
| 2019 | 100.0% | CA$148.59K | CA$0.00 | CA$255.04K | ▲ +0.0 pp |
| 2018 | 100.0% | CA$135.58K | CA$0.00 | CA$173.16K | ▲ +0.0 pp |
| 2017 | 100.0% | CA$154.00K | CA$0.00 | CA$197.04K | — |