Medical Connections Holdings Inc
Medical Connections Holdings, Inc., through its subsidiary, Medical Connections, Inc., a healthcare staffing company, provides staffing services for allied professionals and nurses in the United States. The company offers recruiting and staffing services for permanent and temporary positions, with an option for the clients and candidates to choose the working arrangements. It serves hospitals and… Read more
Medical Connections Holdings Inc (MCTH) - Total Assets
Latest total assets as of September 2012: $187.48K USD
Based on the latest financial reports, Medical Connections Holdings Inc (MCTH) holds total assets worth $187.48K USD as of September 2012.
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.
Medical Connections Holdings Inc - Total Assets Trend (2008–2011)
This chart illustrates how Medical Connections Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Medical Connections Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2011)
Medical Connections Holdings Inc's total assets of $187.48K consist of 58.4% current assets and 41.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.9% |
| Accounts Receivable | $808.90K | 46.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $527.44K | 30.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2011)
This chart illustrates how Medical Connections 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Medical Connections Holdings Inc's current assets represent 58.4% of total assets in 2011, a decrease from 69.9% in 2008.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2011, down from 23.4% 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 46.3% of total assets.
Medical Connections Holdings Inc Competitors by Total Assets
Key competitors of Medical Connections Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SaraminHR Co.Ltd
KQ:143240
|
Korea | ₩225.33 Billion |
|
Beijing Career International Co Ltd
SHE:300662
|
China | CN¥4.26 Billion |
|
104 Corporation
TW:3130
|
Taiwan | NT$3.68 Billion |
|
DLSI
PA:ALDLS
|
France | €124.92 Million |
|
Beijing Urban Rural Commercial Group Co Ltd
SHG:600861
|
China | CN¥16.34 Billion |
|
Amadeus Fire AG
XETRA:AAD
|
Germany | €362.83 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
India | ₹2.22 Billion |
|
Ace Integrated Solutions Limited
NSE:ACEINTEG
|
India | ₹176.50 Million |
Medical Connections Holdings 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
Strong asset utilization - Medical Connections Holdings Inc generates 3.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Medical Connections Holdings Inc is currently not profitable relative to its asset base.
Medical Connections 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 | 3.79 | 2.75 | 2.75 |
| Quick Ratio | 3.79 | 2.75 | 2.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $64.46K | $ 712.82K | $ 712.82K |
Medical Connections Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Medical Connections 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 | 2.44 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -56.2% |
| Total Assets | $1.75 Million |
| Market Capitalization | $0.91 USD |
Valuation Analysis
Below Book Valuation: The market values Medical Connections Holdings Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Medical Connections Holdings Inc's assets decreased by 56.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Medical Connections Holdings Inc (2008–2011)
The table below shows the annual total assets of Medical Connections Holdings Inc from 2008 to 2011.
| Year | Total Assets | Change |
|---|---|---|
| 2011-12-31 | $1.75 Million | -56.19% |
| 2010-12-31 | $3.99 Million | +60.19% |
| 2009-12-31 | $2.49 Million | -2.93% |
| 2008-12-31 | $2.57 Million | -- |