IMAC Holdings Inc (BACK) - Total Assets
Based on the latest financial reports, IMAC Holdings Inc (BACK) holds total assets worth $1.47 Million USD as of December 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
IMAC Holdings Inc - Total Assets Trend (2016–2024)
This chart illustrates how IMAC Holdings Inc's total assets have evolved over time, based on quarterly financial data. Also see IMAC Holdings Inc market cap and net worth for the company's overall valuation and market capitalisation.
IMAC Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
IMAC Holdings Inc's total assets of $1.47 Million consist of 43.1% current assets and 56.9% non-current assets. Review IMAC Holdings Inc (BACK) financial obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 31.7% |
| Accounts Receivable | $28.03K | 1.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how IMAC Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See BACK stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: IMAC Holdings Inc's current assets represent 43.1% of total assets in 2024, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 31.7% of total assets in 2024, down from 54.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 1.8% of total assets.
IMAC Holdings Inc Competitors by Total Assets
Key competitors of IMAC Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ramsay Health Care Ltd
AU:RHC
|
Australia | AU$21.70 Billion |
|
Surgery Partners Inc
NASDAQ:SGRY
|
USA | $7.95 Billion |
|
Chularat Hospital Public Company Limited
BK:CHG
|
Thailand | ฿10.15 Billion |
|
Sarana Meditama Metropolitan
JK:SAME
|
Indonesia | Rp5.71 Trillion |
|
Principal Capital Public Company Limited
BK:PRINC
|
Thailand | ฿16.51 Billion |
|
Bait Bakfar Ltd
TA:BKFR
|
Israel | ILA2.25 Billion |
|
Regis Healthcare Ltd
AU:REG
|
Australia | AU$2.11 Billion |
|
Oceania Healthcare Ltd
AU:OCA
|
Australia | AU$3.01 Billion |
IMAC Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.08 | 0.60 | 0.38 |
| Quick Ratio | 0.08 | 0.60 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.76 Million | $-752.65K | $-5.74 Million |
IMAC Holdings Inc - Advanced Valuation Insights
This section examines the relationship between IMAC Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.54 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 38.9% |
| Total Assets | $1.59 Million |
| Market Capitalization | $134.63K USD |
Valuation Analysis
Below Book Valuation: The market values IMAC Holdings Inc's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: IMAC Holdings Inc's assets grew by 38.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for IMAC Holdings Inc (2016–2024)
The table below shows the annual total assets of IMAC Holdings Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.59 Million | +38.89% |
| 2023-12-31 | $1.14 Million | -89.68% |
| 2022-12-31 | $11.08 Million | -59.30% |
| 2021-12-31 | $27.23 Million | +37.90% |
| 2020-12-31 | $19.75 Million | -3.29% |
| 2019-12-31 | $20.42 Million | +84.37% |
| 2018-12-31 | $11.07 Million | +765.84% |
| 2017-12-31 | $1.28 Million | -20.13% |
| 2016-12-31 | $1.60 Million | -- |
About IMAC Holdings Inc
IMAC Holdings, Inc. does not have significant operations. Previously, it owned and managed innovative medical advancements and care regeneration centers, and backspace clinics. The company was founded in 2000 and is headquartered in Brentwood, Tennessee.