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. Also explore PHA year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. Check Premier Health of America Inc (PHA) strategic investment index to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see market cap of Premier Health of America Inc.
| 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 | — |