Primemd Inc
Primemd Inc., together with its subsidiaries, is engaged in the purchase and development of residential and commercial real estate properties in the United States. It also holds interests in oil and gas properties. The company was formerly known as Eagle Exploration Co. and changed its name to Primemd Inc. in June 2021. The company is based in Littleton, Colorado.
Primemd Inc (PRMD) - Total Assets
Latest total assets as of December 2021: $15.32 Million USD
Based on the latest financial reports, Primemd Inc (PRMD) holds total assets worth $15.32 Million USD as of December 2021.
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.
Primemd Inc - Total Assets Trend (2002–2021)
This chart illustrates how Primemd Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Primemd Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Primemd Inc's total assets of $15.32 Million consist of 49.8% current assets and 50.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.9% |
| Accounts Receivable | $5.04 Million | 32.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.39 Million | 9.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2021)
This chart illustrates how Primemd 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: Primemd Inc's current assets represent 49.8% of total assets in 2021, a decrease from 64.7% in 2002.
- Cash Position: Cash and equivalents constituted 16.9% of total assets in 2021, down from 44.4% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 32.9% of total assets.
Primemd Inc Competitors by Total Assets
Key competitors of Primemd Inc 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 |
Primemd 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 - Primemd Inc generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Primemd Inc generates $ 20.49 in net profit.
Primemd 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 | 16.52 | 2.21 | 3.77 |
| Quick Ratio | 16.52 | 2.21 | 3.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.16 Million | $ 243.14K | $ 343.22K |
Primemd Inc - Advanced Valuation Insights
This section examines the relationship between Primemd 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 | 0.07 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1033.2% |
| Total Assets | $15.32 Million |
| Market Capitalization | $2.96 USD |
Valuation Analysis
Below Book Valuation: The market values Primemd Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Primemd Inc's assets grew by 1033.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Primemd Inc (2002–2021)
The table below shows the annual total assets of Primemd Inc from 2002 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $15.32 Million | +1033.16% |
| 2007-12-31 | $1.35 Million | -1.46% |
| 2006-12-31 | $1.37 Million | +15.28% |
| 2005-12-31 | $1.19 Million | -12.59% |
| 2004-12-31 | $1.36 Million | -10.44% |
| 2003-12-31 | $1.52 Million | -6.35% |
| 2002-12-31 | $1.62 Million | -- |