Cue Health Inc.
Cue Health Inc. operates as a healthcare technology company. It provides the Cue Health platform that offers individuals and healthcare providers convenient and personalized access to lab-quality diagnostic tests at home and at the point-of-care, as well as on-demand telehealth consultations and treatment options for a range of health and wellness needs. It offers Cue Integrated Care platform com… Read more
Cue Health Inc. (HLTHQ) - Total Assets
Latest total assets as of March 2024: $283.66 Million USD
Based on the latest financial reports, Cue Health Inc. (HLTHQ) holds total assets worth $283.66 Million USD as of March 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.
Cue Health Inc. - Total Assets Trend (2019–2023)
This chart illustrates how Cue Health Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cue Health Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Cue Health Inc.'s total assets of $283.66 Million consist of 32.5% current assets and 67.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.8% |
| Accounts Receivable | $1.65 Million | 0.5% |
| Inventory | $14.04 Million | 4.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $19.64 Million | 5.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Cue Health 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cue Health Inc.'s current assets represent 32.5% of total assets in 2023, a decrease from 56.7% in 2019.
- Cash Position: Cash and equivalents constituted 23.8% of total assets in 2023, down from 52.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 5.8% of total assets.
Cue Health Inc. Competitors by Total Assets
Key competitors of Cue Health Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
Cue Health Inc. - 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
Lower asset utilization - Cue Health Inc. generates 0.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Cue Health Inc. is currently not profitable relative to its asset base.
Cue Health 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 | 1.74 | 4.25 | 3.69 |
| Quick Ratio | 1.41 | 3.04 | 3.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $30.60 Million | $ 219.54 Million | $ 487.90 Million |
Cue Health Inc. - Advanced Valuation Insights
This section examines the relationship between Cue Health 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -51.1% |
| Total Assets | $339.79 Million |
| Market Capitalization | $159.00 USD |
Valuation Analysis
Below Book Valuation: The market values Cue Health Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cue Health Inc.'s assets decreased by 51.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cue Health Inc. (2019–2023)
The table below shows the annual total assets of Cue Health Inc. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $339.79 Million | -51.08% |
| 2022-12-31 | $694.58 Million | -26.11% |
| 2021-12-31 | $940.06 Million | +197.18% |
| 2020-12-31 | $316.33 Million | +1056.13% |
| 2019-12-31 | $27.36 Million | -- |