Positive Physicians Holdings Inc
Positive Physicians Holdings, Inc., through its subsidiary Positive Physicians Insurance Company, provides medical malpractice insurance. The company underwrites claims-made, claims-made plus, tail, and occurrence-based medical professional liability coverage for physicians, corporations, medical groups, clinics, and allied healthcare providers. It sells its medical professional liability insuran… Read more
Positive Physicians Holdings Inc (PPHI) - Total Assets
Latest total assets as of June 2022: $154.47 Million USD
Based on the latest financial reports, Positive Physicians Holdings Inc (PPHI) holds total assets worth $154.47 Million USD as of June 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.
Positive Physicians Holdings Inc - Total Assets Trend (2016–2021)
This chart illustrates how Positive Physicians Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Positive Physicians Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Positive Physicians Holdings Inc's total assets of $154.47 Million consist of 88.8% current assets and 11.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.6% |
| Accounts Receivable | $20.72 Million | 12.8% |
| Inventory | $-41.37 Million | -25.6% |
| Property, Plant & Equipment | $663.54K | 0.4% |
| Intangible Assets | $5.55 Million | 3.4% |
| Goodwill | $5.98 Million | 3.7% |
Asset Composition Trend (2016–2021)
This chart illustrates how Positive Physicians Holdings 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: Positive Physicians Holdings Inc's current assets represent 88.8% of total assets in 2021, an increase from 88.6% in 2016.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2021, up from 7.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 12.8% of total assets.
Positive Physicians Holdings Inc Competitors by Total Assets
Key competitors of Positive Physicians Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Syarikat Takaful Malaysia Bhd
KLSE:6139
|
Malaysia | RM17.81 Billion |
|
ACMAT Corporation
PINK:ACMT
|
USA | $50.58 Million |
|
Enact Holdings Inc
NASDAQ:ACT
|
USA | $6.89 Billion |
|
Assured Guaranty Ltd
NYSE:AGO
|
USA | $12.10 Billion |
|
Ambac Financial Group Inc
NYSE:AMBC
|
USA | $2.15 Billion |
|
AMERISAFE Inc
NASDAQ:AMSF
|
USA | $222.87 Million |
|
AXIS Capital Holdings Ltd
NYSE:AXS
|
USA | $32.32 Billion |
|
Beazley plc
PINK:BZLYF
|
USA | $16.22 Billion |
Positive Physicians Holdings 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
Lower asset utilization - Positive Physicians Holdings Inc generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Positive Physicians Holdings Inc is currently not profitable relative to its asset base.
Positive Physicians Holdings 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 | 20.11 | 28.85 | 20.88 |
| Quick Ratio | 26.31 | 37.81 | 20.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $126.18 Million | $ 141.52 Million | $ 54.67 Million |
Positive Physicians Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Positive Physicians Holdings 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 | 0.39 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 2.1% |
| Total Assets | $161.69 Million |
| Market Capitalization | $23.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Positive Physicians Holdings Inc's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Positive Physicians Holdings Inc's assets grew by 2.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Positive Physicians Holdings Inc (2016–2021)
The table below shows the annual total assets of Positive Physicians Holdings Inc from 2016 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $161.69 Million | +2.05% |
| 2020-12-31 | $158.44 Million | +1.16% |
| 2019-12-31 | $156.62 Million | +146.17% |
| 2018-12-31 | $63.62 Million | -5.33% |
| 2017-12-31 | $67.20 Million | +4.90% |
| 2016-12-31 | $64.06 Million | -- |