Healthtech Solutions Inc
Healthtech Solutions Inc., through its subsidiaries, operates as a life sciences company. It focuses on the development of wound care products for acute and chronic wounds, including a placental membrane allograft for burns and non-healing wounds, such as diabetic foot ulcers. The company also engages in the development of ultrasound imaging and artificial intelligence-based image analysis softwa… Read more
Healthtech Solutions Inc (HLTT) - Total Assets
Latest total assets as of March 2023: $2.75 Million USD
Based on the latest financial reports, Healthtech Solutions Inc (HLTT) holds total assets worth $2.75 Million USD as of March 2023.
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.
Healthtech Solutions Inc - Total Assets Trend (2006–2022)
This chart illustrates how Healthtech Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Healthtech Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Healthtech Solutions Inc's total assets of $2.75 Million consist of 89.5% current assets and 10.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $97.59K | 3545573.1% |
| Accounts Receivable | $1.24 Million | 45.0% |
| Inventory | $403.60K | 14.7% |
| Property, Plant & Equipment | $83.33K | 3.0% |
| Intangible Assets | $95.44K | 3.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2022)
This chart illustrates how Healthtech Solutions 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: Healthtech Solutions Inc's current assets represent 89.5% of total assets in 2022, an increase from 60.4% in 2006.
- Cash Position: Cash and equivalents constituted 3545573.1% of total assets in 2022, up from 19.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 45.0% of total assets.
Healthtech Solutions Inc Competitors by Total Assets
Key competitors of Healthtech Solutions 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 |
Healthtech Solutions 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 - Healthtech Solutions Inc generates 0.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Healthtech Solutions Inc is currently not profitable relative to its asset base.
Healthtech Solutions 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 | 0.42 | 0.23 | 3.17 |
| Quick Ratio | 0.35 | 0.23 | 2.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.36 Million | $ -1.80 Million | $ 8.56 Million |
Healthtech Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Healthtech Solutions 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 | 86.68 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 550.5% |
| Total Assets | $2.75 Million |
| Market Capitalization | $3.96K USD |
Valuation Analysis
Below Book Valuation: The market values Healthtech Solutions Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Healthtech Solutions Inc's assets grew by 550.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Healthtech Solutions Inc (2006–2022)
The table below shows the annual total assets of Healthtech Solutions Inc from 2006 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $2.75 Million | +550.53% |
| 2021-12-31 | $423.10K | +156.55% |
| 2021-06-30 | $164.92K | 0.00% |
| 2020-12-31 | $164.92K | -- |
| 2019-12-31 | $0.00 | -- |
| 2018-12-31 | $0.00 | -- |
| 2010-12-31 | $21.34 Million | +16.04% |
| 2009-12-31 | $18.39 Million | +20.29% |
| 2008-12-31 | $15.29 Million | +27.46% |
| 2007-12-31 | $11.99 Million | +52.74% |
| 2006-12-31 | $7.85 Million | -- |