Performant Healthcare, Inc (PHLT) - Total Assets
Based on the latest financial reports, Performant Healthcare, Inc (PHLT) holds total assets worth $110.95 Million USD as of June 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. Check Performant Healthcare, Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Performant Healthcare, Inc - Total Assets Trend (2011–2024)
This chart illustrates how Performant Healthcare, Inc's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of Performant Healthcare, Inc to evaluate the quality of earnings relative to operating cash generation.
Performant Healthcare, Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Performant Healthcare, Inc's total assets of $110.95 Million consist of 37.7% current assets and 62.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.1% |
| Accounts Receivable | $25.07 Million | 24.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $47.37 Million | 46.6% |
Asset Composition Trend (2011–2024)
This chart illustrates how Performant Healthcare, 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. For live market cap, price, and company overview, see Performant Healthcare, Inc (PHLT) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Performant Healthcare, Inc's current assets represent 37.7% of total assets in 2024, an increase from 26.7% in 2011.
- Cash Position: Cash and equivalents constituted 9.1% of total assets in 2024, down from 11.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, a decrease from 64.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 46.6% of total assets.
Performant Healthcare, Inc Competitors by Total Assets
Key competitors of Performant Healthcare, Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Waystar Holding Corp. Common Stock
NASDAQ:WAY
|
USA | $5.84 Billion |
|
Oneview Healthcare Plc
AU:ONE
|
Australia | AU$15.49 Million |
|
Forian Inc
NASDAQ:FORA
|
USA | $44.13 Million |
|
CardioComm Solutions Inc.
V:EKG
|
Canada | CA$256.24K |
|
Kovo Healthtech Corp
V:KOVO
|
Canada | CA$6.64 Million |
|
NexgenRX Inc.
V:NXG
|
Canada | CA$39.20 Million |
|
Intrasense
PA:ALINS
|
France | €7.99 Million |
|
FEEDBACK PLC LS-5
F:GZM0
|
Germany | €4.86 Million |
Performant Healthcare, 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 | 2.64 | 2.65 | 0.65 |
| Quick Ratio | 2.64 | 2.65 | 0.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $29.51 Million | $23.77 Million | $-26.37 Million |
Performant Healthcare, Inc - Advanced Valuation Insights
This section examines the relationship between Performant Healthcare, 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 | 7.47 |
| Latest Market Cap to Assets Ratio | 6.13 |
| Asset Growth Rate (YoY) | 2.8% |
| Total Assets | $101.77 Million |
| Market Capitalization | $623.41 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Performant Healthcare, Inc's assets at a significant premium (6.13x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Performant Healthcare, Inc's assets grew by 2.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Performant Healthcare, Inc (2011–2024)
The table below shows the annual total assets of Performant Healthcare, Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $101.77 Million | +2.77% |
| 2023-12-31 | $99.03 Million | -16.66% |
| 2022-12-31 | $118.83 Million | -2.58% |
| 2021-12-31 | $121.98 Million | -3.36% |
| 2020-12-31 | $126.23 Million | -9.11% |
| 2019-12-31 | $138.87 Million | +0.81% |
| 2018-12-31 | $137.76 Million | -16.22% |
| 2017-12-31 | $164.44 Million | -11.15% |
| 2016-12-31 | $185.08 Million | -23.69% |
| 2015-12-31 | $242.54 Million | -7.72% |
| 2014-12-31 | $262.83 Million | +2.16% |
| 2013-12-31 | $257.26 Million | +21.50% |
| 2012-12-31 | $211.75 Million | +16.15% |
| 2011-12-31 | $182.30 Million | -- |
About Performant Healthcare, Inc
Performant Healthcare, Inc. provides audit, recovery, and analytics services in the United States. It supports healthcare payers in identifying, preventing, and recovering waste and improper payments through advanced technology, analytics, and proprietary data assets. The company also offers coordination-of-benefits services, as well as claims-based services, which includes the audit and identifi… Read more