Empower Clinics Inc
Empower Clinics Inc., an integrated healthcare company, provides body and mind wellness services for patients through medical clinics, digital and telemedicine care, and medical diagnostics laboratories in the United States and Canada. The company also distributes medical devices. Empower Clinics Inc. was incorporated in 1997 and is headquartered in Vancouver, Canada.
Empower Clinics Inc (EPWCF) - Total Assets
Latest total assets as of September 2022: $3.45 Million USD
Based on the latest financial reports, Empower Clinics Inc (EPWCF) holds total assets worth $3.45 Million USD as of September 2022.
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.
Empower Clinics Inc - Total Assets Trend (2016–2021)
This chart illustrates how Empower Clinics Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Empower Clinics Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Empower Clinics Inc's total assets of $3.45 Million consist of 62.7% current assets and 37.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.2% |
| Accounts Receivable | $333.00K | 6.6% |
| Inventory | $205.05K | 4.1% |
| Property, Plant & Equipment | $1.13 Million | 22.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2021)
This chart illustrates how Empower Clinics 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: Empower Clinics Inc's current assets represent 62.7% of total assets in 2021, an increase from 20.5% in 2016.
- Cash Position: Cash and equivalents constituted 17.2% of total assets in 2021, down from 36.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 672.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 22.5% of total assets.
Empower Clinics Inc Competitors by Total Assets
Key competitors of Empower Clinics Inc 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 |
Empower Clinics 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 - Empower Clinics Inc generates 0.87x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Empower Clinics Inc is currently not profitable relative to its asset base.
Empower Clinics 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 | 0.24 | 0.41 | 0.15 |
| Quick Ratio | 0.14 | 0.38 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.93 Million | $ -4.54 Million | $ -5.12 Million |
Empower Clinics Inc - Advanced Valuation Insights
This section examines the relationship between Empower Clinics 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 | 32.22 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -45.4% |
| Total Assets | $5.04 Million |
| Market Capitalization | $7.69K USD |
Valuation Analysis
Below Book Valuation: The market values Empower Clinics Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Empower Clinics Inc's assets decreased by 45.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Empower Clinics Inc (2016–2021)
The table below shows the annual total assets of Empower Clinics Inc from 2016 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $5.04 Million | -45.43% |
| 2020-12-31 | $9.23 Million | +493.31% |
| 2019-12-31 | $1.56 Million | +202.79% |
| 2018-12-31 | $513.79K | +3569.94% |
| 2017-12-31 | $14.00K | -73.08% |
| 2016-12-31 | $52.00K | -- |