Health In Tech, Inc. Class A Common Stock
Health In Tech, Inc. operates as an insurance technology platform company. The company offers reference-based pricing, group insurance captives, community health plans, and association health programs for small businesses; and enhance do it yourself benefit system (eDIYBS), a web-based SaaS quoting platform to quote health insurance for small and medium sized employers. It also provides health in… Read more
Health In Tech, Inc. Class A Common Stock (HIT) - Total Assets
Latest total assets as of September 2025: $22.76 Million USD
Based on the latest financial reports, Health In Tech, Inc. Class A Common Stock (HIT) holds total assets worth $22.76 Million USD as of September 2025.
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.
Health In Tech, Inc. Class A Common Stock - Total Assets Trend (2022–2024)
This chart illustrates how Health In Tech, Inc. Class A Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Health In Tech, Inc. Class A Common Stock - Asset Composition Analysis
Current Asset Composition (December 2024)
Health In Tech, Inc. Class A Common Stock's total assets of $22.76 Million consist of 68.4% current assets and 31.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 49.8% |
| Accounts Receivable | $2.15 Million | 13.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.96 Million | 25.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Health In Tech, Inc. Class A Common Stock'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Health In Tech, Inc. Class A Common Stock's current assets represent 68.4% of total assets in 2024, a decrease from 89.1% in 2022.
- Cash Position: Cash and equivalents constituted 49.8% of total assets in 2024, up from 5.2% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, an increase from 9.0% in 2022.
- Asset Diversification: The largest asset category is intangible assets at 25.1% of total assets.
Health In Tech, Inc. Class A Common Stock Competitors by Total Assets
Key competitors of Health In Tech, Inc. Class A Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Health In Tech, Inc. Class A Common Stock - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Health In Tech, Inc. Class A Common Stock generates 1.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Health In Tech, Inc. Class A Common Stock generates $ 4.25 in net profit.
Health In Tech, Inc. Class A Common Stock - 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 | 2.87 | 2.20 | 1.43 |
| Quick Ratio | 2.87 | 2.20 | 1.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.81 Million | $ 2.74 Million | $ 2.08 Million |
Health In Tech, Inc. Class A Common Stock - Advanced Valuation Insights
This section examines the relationship between Health In Tech, Inc. Class A Common Stock'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 | 6.17 |
| Latest Market Cap to Assets Ratio | 1.24 |
| Asset Growth Rate (YoY) | 37.1% |
| Total Assets | $15.77 Million |
| Market Capitalization | $19.48 Million USD |
Valuation Analysis
Above Book Valuation: The market values Health In Tech, Inc. Class A Common Stock's assets above their book value (1.24 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Health In Tech, Inc. Class A Common Stock's assets grew by 37.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Health In Tech, Inc. Class A Common Stock (2022–2024)
The table below shows the annual total assets of Health In Tech, Inc. Class A Common Stock from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $15.77 Million | +37.08% |
| 2023-12-31 | $11.50 Million | -59.72% |
| 2022-12-31 | $28.56 Million | -- |