Healthcare Integrated Technologies Inc
Healthcare Integrated Technologies, Inc., through its subsidiaries, develops healthcare technology solutions to integrate and automate the continuing care, home care, and professional healthcare spaces in the United States. The company's products portfolio, including SafeSpace, an ambient fall detection solution for continuing care communities and at home use; and SafeGuard, a novel fully ambient… Read more
Healthcare Integrated Technologies Inc (HITC) - Total Assets
Latest total assets as of January 2025: $7.28 Million USD
Based on the latest financial reports, Healthcare Integrated Technologies Inc (HITC) holds total assets worth $7.28 Million USD as of January 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.
Healthcare Integrated Technologies Inc - Total Assets Trend (2013–2024)
This chart illustrates how Healthcare Integrated Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Healthcare Integrated Technologies Inc - Asset Composition Analysis
Current Asset Composition (July 2024)
Healthcare Integrated Technologies Inc's total assets of $7.28 Million consist of 30.5% current assets and 69.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.1% |
| Accounts Receivable | $14.00K | 1.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $506.74K | 69.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Healthcare Integrated Technologies 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: Healthcare Integrated Technologies Inc's current assets represent 30.5% of total assets in 2024, a decrease from 100.0% in 2013.
- Cash Position: Cash and equivalents constituted 24.1% of total assets in 2024, down from 100.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 69.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 69.5% of total assets.
Healthcare Integrated Technologies Inc Competitors by Total Assets
Key competitors of Healthcare Integrated Technologies Inc 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 |
Healthcare Integrated Technologies 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
Moderate asset utilization - Healthcare Integrated Technologies Inc generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Healthcare Integrated Technologies Inc is currently not profitable relative to its asset base.
Healthcare Integrated Technologies 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 | 8.24 | 0.19 | 0.02 |
| Quick Ratio | 8.24 | 0.19 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.15 Million | $ -1.68 Million | $ -2.04 Million |
Healthcare Integrated Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Healthcare Integrated Technologies 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 | 7.80 |
| Latest Market Cap to Assets Ratio | 46.46 |
| Asset Growth Rate (YoY) | -19.3% |
| Total Assets | $729.33K |
| Market Capitalization | $33.88 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Healthcare Integrated Technologies Inc's assets at a significant premium ( 46.46x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Healthcare Integrated Technologies Inc's assets decreased by 19.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Healthcare Integrated Technologies Inc (2013–2024)
The table below shows the annual total assets of Healthcare Integrated Technologies Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | $729.33K | -19.32% |
| 2023-07-31 | $903.93K | +24.51% |
| 2022-07-31 | $726.02K | +48.12% |
| 2021-07-31 | $490.15K | +203.65% |
| 2020-07-31 | $161.42K | +744.38% |
| 2019-07-31 | $19.12K | -90.90% |
| 2018-07-31 | $210.11K | +316.76% |
| 2017-07-31 | $50.41K | +0.93% |
| 2016-07-31 | $49.95K | 0.00% |
| 2015-07-31 | $49.95K | +116.59% |
| 2014-07-31 | $23.06K | +399.09% |
| 2013-07-31 | $4.62K | -- |