Alternate Health Corp
Alternate Health Corp., a diversified healthcare company, provides cloud based software solutions in Canada. It offers medical practice and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry. The company is headquartered in Toronto… Read more
Alternate Health Corp (AHGIF) - Total Assets
Latest total assets as of September 2019: $30.46 Million USD
Based on the latest financial reports, Alternate Health Corp (AHGIF) holds total assets worth $30.46 Million USD as of September 2019.
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.
Alternate Health Corp - Total Assets Trend (2014–2018)
This chart illustrates how Alternate Health Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Alternate Health Corp - Asset Composition Analysis
Current Asset Composition (December 2018)
Alternate Health Corp's total assets of $30.46 Million consist of 50.7% current assets and 49.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 40.6% |
| Accounts Receivable | $131.59K | 1.4% |
| Inventory | $17.05K | 0.2% |
| Property, Plant & Equipment | $650.51K | 6.8% |
| Intangible Assets | $1.52 Million | 15.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2018)
This chart illustrates how Alternate Health 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: Alternate Health Corp's current assets represent 50.7% of total assets in 2018, a decrease from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 40.6% of total assets in 2018, up from 0.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, a decrease from 71219000.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 15.8% of total assets.
Alternate Health Corp Competitors by Total Assets
Key competitors of Alternate Health Corp 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 |
Alternate Health 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 - Alternate Health Corp generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Alternate Health Corp is currently not profitable relative to its asset base.
Alternate Health 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 | 0.31 | 0.35 | 1.07 |
| Quick Ratio | 0.24 | 0.35 | 1.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-12.37 Million | $ -3.37 Million | $ 861.00 |
Alternate Health Corp - Advanced Valuation Insights
This section examines the relationship between Alternate Health 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -51.8% |
| Total Assets | $9.61 Million |
| Market Capitalization | $6.50K USD |
Valuation Analysis
Below Book Valuation: The market values Alternate Health Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Alternate Health Corp's assets decreased by 51.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Alternate Health Corp (2014–2018)
The table below shows the annual total assets of Alternate Health Corp from 2014 to 2018.
| Year | Total Assets | Change |
|---|---|---|
| 2018-12-31 | $9.61 Million | -51.77% |
| 2017-12-31 | $19.93 Million | +756.08% |
| 2016-12-31 | $2.33 Million | +266876.15% |
| 2015-12-31 | $872.00 | +87100.00% |
| 2014-12-31 | $1.00 | -- |