Assure Holdings Corp
Assure Holdings Corp., through its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services in the United States. The company offers services in the areas of neurosurgery, spine, cardiovascular, orthopedic, ear, nose, throat, and other surgical procedures that place the nervous system at risk. It delivers various clinical and operational services,… Read more
Assure Holdings Corp (IONM) - Total Assets
Latest total assets as of June 2024: $5.28 Million USD
Based on the latest financial reports, Assure Holdings Corp (IONM) holds total assets worth $5.28 Million USD as of June 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.
Assure Holdings Corp - Total Assets Trend (2008–2023)
This chart illustrates how Assure Holdings Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Assure Holdings Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Assure Holdings Corp's total assets of $5.28 Million consist of 89.5% current assets and 10.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $3.60 Million | 47.9% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Assure Holdings Corp'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: Assure Holdings Corp's current assets represent 89.5% of total assets in 2023, an increase from 80.0% in 2008.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2023, down from 79.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 47.9% of total assets.
Assure Holdings Corp Competitors by Total Assets
Key competitors of Assure Holdings Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516
|
China | CN¥9.79 Billion |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
|
China | CN¥19.57 Billion |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
China | CN¥6.55 Billion |
|
TMC Life Sciences Bhd
KLSE:0101
|
Malaysia | RM1.12 Billion |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
Malaysia | RM146.00 Million |
|
Cengild Medical Berhad
KLSE:0243
|
Malaysia | RM218.07 Million |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
Malaysia | RM99.33 Million |
|
Raffles Medical Group Ltd
F:02M1
|
Germany | €1.49 Billion |
Assure Holdings Corp - 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 - Assure Holdings Corp generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Assure Holdings Corp is currently not profitable relative to its asset base.
Assure Holdings Corp - 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 | 0.20 | 2.60 | 6.56 |
| Quick Ratio | 0.20 | 2.60 | 6.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-19.14 Million | $ 11.01 Million | $ 34.35 Million |
Assure Holdings Corp - Advanced Valuation Insights
This section examines the relationship between Assure Holdings Corp'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 | 0.24 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -69.0% |
| Total Assets | $7.51 Million |
| Market Capitalization | $184.91K USD |
Valuation Analysis
Below Book Valuation: The market values Assure Holdings Corp's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Assure Holdings Corp's assets decreased by 69.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Assure Holdings Corp (2008–2023)
The table below shows the annual total assets of Assure Holdings Corp from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $7.51 Million | -69.01% |
| 2022-12-31 | $24.25 Million | -49.91% |
| 2021-12-31 | $48.41 Million | +43.89% |
| 2020-12-31 | $33.64 Million | -24.20% |
| 2019-12-31 | $44.38 Million | +53.08% |
| 2018-12-31 | $28.99 Million | +31.48% |
| 2017-12-31 | $22.05 Million | +5772.15% |
| 2016-12-31 | $375.53K | +218.98% |
| 2015-12-31 | $117.73K | -38.79% |
| 2014-12-31 | $192.35K | +7774.21% |
| 2013-12-31 | $2.44K | -81.50% |
| 2012-12-31 | $13.20K | -92.20% |
| 2011-12-31 | $169.25K | -28.95% |
| 2010-12-31 | $238.21K | +141.69% |
| 2009-12-31 | $98.56K | -47.09% |
| 2008-12-31 | $186.29K | -- |