Ethema Health Corp
Ethema Health Corporation operates behavioral healthcare space for the treatment of substance use disorders in the United States. The company offers rehabilitation services. The company was formerly known as GreeneStone Healthcare Corporation and changed its name to Ethema Health Corporation in April 2017. Ethema Health Corporation is based in West Palm Beach, Florida.
Ethema Health Corp (GRST) - Total Assets
Latest total assets as of September 2025: $30.27 Million USD
Based on the latest financial reports, Ethema Health Corp (GRST) holds total assets worth $30.27 Million USD as of September 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.
Ethema Health Corp - Total Assets Trend (1999–2024)
This chart illustrates how Ethema Health Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ethema Health Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Ethema Health Corp's total assets of $30.27 Million consist of 4.4% current assets and 95.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $260.84K | 2.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $536.97K | 4.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2024)
This chart illustrates how Ethema 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: Ethema Health Corp's current assets represent 4.4% of total assets in 2024, a decrease from 40.5% in 1999.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, up from 0.2% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is intangible assets at 4.4% of total assets.
Ethema Health Corp Competitors by Total Assets
Key competitors of Ethema Health 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 |
Ethema 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
Moderate asset utilization - Ethema Health Corp generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ethema Health Corp is currently not profitable relative to its asset base.
Ethema 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 | 0.18 | 0.06 | 0.02 |
| Quick Ratio | 0.18 | 0.06 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-12.15 Million | $ -7.07 Million | $ -28.30 Million |
Ethema Health Corp - Advanced Valuation Insights
This section examines the relationship between Ethema 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 | 1.44 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 5.5% |
| Total Assets | $12.16 Million |
| Market Capitalization | $1.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ethema Health Corp's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ethema Health Corp's assets grew by 5.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ethema Health Corp (1999–2024)
The table below shows the annual total assets of Ethema Health Corp from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $12.16 Million | +5.55% |
| 2023-12-31 | $11.52 Million | +75.51% |
| 2022-12-31 | $6.56 Million | +0.14% |
| 2021-12-31 | $6.55 Million | +71.47% |
| 2020-12-31 | $3.82 Million | +19.04% |
| 2019-12-31 | $3.21 Million | -74.65% |
| 2018-12-31 | $12.67 Million | +3.27% |
| 2017-12-31 | $12.27 Million | +2566.73% |
| 2016-12-31 | $460.06K | -2.70% |
| 2015-12-31 | $472.84K | -58.37% |
| 2014-12-31 | $1.14 Million | -4.83% |
| 2013-12-31 | $1.19 Million | +6.09% |
| 2012-12-31 | $1.12 Million | +20.85% |
| 2011-12-31 | $930.92K | +87.92% |
| 2010-12-31 | $495.38K | +8825.75% |
| 2009-12-31 | $5.55K | +553.71% |
| 2008-12-31 | $849.00 | +87.00% |
| 2007-12-31 | $454.00 | -99.98% |
| 2002-12-31 | $2.79 Million | -44.50% |
| 2001-12-31 | $5.02 Million | -23.71% |
| 2000-12-31 | $6.58 Million | +15.85% |
| 1999-12-31 | $5.68 Million | -- |