Patient Access Solutions Inc
Patient Access Solutions, Inc. provides healthcare/financial processing solutions for the healthcare and dental industries. The company, through its merchant processing platform, provides patient eligibility, medical billing, and patient self-pay solutions. It also provides practice management, business management consulting, GAP analysis, and marketing and practice development services; and trea… Read more
Patient Access Solutions Inc (PASO) - Total Assets
Latest total assets as of January 2022: $504.15K USD
Based on the latest financial reports, Patient Access Solutions Inc (PASO) holds total assets worth $504.15K USD as of January 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.
Patient Access Solutions Inc - Total Assets Trend (2007–2021)
This chart illustrates how Patient Access Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Patient Access Solutions Inc - Asset Composition Analysis
Current Asset Composition (October 2021)
Patient Access Solutions Inc's total assets of $504.15K consist of 3.1% current assets and 96.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2021)
This chart illustrates how Patient Access 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: Patient Access Solutions Inc's current assets represent 3.1% of total assets in 2021, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2021, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Patient Access Solutions Inc Competitors by Total Assets
Key competitors of Patient Access 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 |
Patient Access 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 - Patient Access Solutions Inc generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Patient Access Solutions Inc is currently not profitable relative to its asset base.
Patient Access 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 | 0.01 | 0.27 | 0.23 |
| Quick Ratio | 0.01 | 0.26 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.89 Million | $ -731.44K | $ -12.20K |
Patient Access Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Patient Access 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -24.4% |
| Total Assets | $489.19K |
| Market Capitalization | $0.93 USD |
Valuation Analysis
Below Book Valuation: The market values Patient Access Solutions Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Patient Access Solutions Inc's assets decreased by 24.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Patient Access Solutions Inc (2007–2021)
The table below shows the annual total assets of Patient Access Solutions Inc from 2007 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-10-31 | $489.19K | -24.40% |
| 2020-10-31 | $647.09K | -76.67% |
| 2019-10-31 | $2.77 Million | -1.39% |
| 2018-10-31 | $2.81 Million | +25.91% |
| 2017-10-31 | $2.23 Million | +144.70% |
| 2016-10-31 | $912.81K | -35.54% |
| 2011-10-31 | $1.42 Million | +77.24% |
| 2010-10-31 | $798.93K | -18.84% |
| 2008-10-31 | $984.44K | -10.76% |
| 2007-12-31 | $1.10 Million | +89729.23% |
| 2007-10-31 | $1.23K | -- |