Rennova Health Inc
Rennova Health, Inc., together with its subsidiaries, provides health care services in the United States. It owns one operating hospital in Oneida, Tennessee; and a hospital located in Jamestown, Tennessee. The company is based in West Palm Beach, Florida.
Rennova Health Inc (RNVA) - Total Assets
Latest total assets as of December 2024: $20.25 Million USD
Based on the latest financial reports, Rennova Health Inc (RNVA) holds total assets worth $20.25 Million USD as of December 2024.
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.
Rennova Health Inc - Total Assets Trend (1993–2024)
This chart illustrates how Rennova Health Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rennova Health Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Rennova Health Inc's total assets of $20.25 Million consist of 34.3% current assets and 65.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $6.65 Million | 32.9% |
| Inventory | $198.16K | 1.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $259.44K | 1.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Rennova Health 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: Rennova Health Inc's current assets represent 34.3% of total assets in 2024, a decrease from 90.1% in 1993.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 12.6% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is accounts receivable at 32.9% of total assets.
Rennova Health Inc Competitors by Total Assets
Key competitors of Rennova Health Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ADCNF
OTCGREY:ADCNF
|
USA | $4.51 Billion |
|
Berry Genomics Co Ltd
SHE:000710
|
China | CN¥2.34 Billion |
|
Malaysian Genomics Resource
KLSE:0155
|
Malaysia | RM20.70 Million |
|
NSN Co. Ltd
KQ:031860
|
Korea | ₩60.96 Billion |
|
JOONGANG DNM Co.Ltd
KQ:051980
|
Korea | ₩121.79 Billion |
|
GeneMatrix Inc
KQ:109820
|
Korea | ₩28.03 Billion |
|
Genoray Co. Ltd
KQ:122310
|
Korea | ₩125.67 Billion |
|
Green Cross Lab Cell Corporation
KQ:144510
|
Korea | ₩565.79 Billion |
Rennova Health 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
Strong asset utilization - Rennova Health Inc generates 0.92x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rennova Health Inc is currently not profitable relative to its asset base.
Rennova Health 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 | 0.16 | 0.16 | 0.06 |
| Quick Ratio | 0.16 | 0.16 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-35.56 Million | $ -35.56 Million | $ -78.07 Million |
Rennova Health Inc - Advanced Valuation Insights
This section examines the relationship between Rennova Health 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 | 0.04 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $20.25 Million |
| Market Capitalization | $797.09K USD |
Valuation Analysis
Below Book Valuation: The market values Rennova Health Inc's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Rennova Health Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Rennova Health Inc (1993–2024)
The table below shows the annual total assets of Rennova Health Inc from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $20.25 Million | 0.00% |
| 2023-12-31 | $20.25 Million | -1.55% |
| 2022-12-31 | $20.57 Million | +4.78% |
| 2021-12-31 | $19.63 Million | +60.12% |
| 2020-12-31 | $12.26 Million | -16.63% |
| 2019-12-31 | $14.71 Million | +3.58% |
| 2018-12-31 | $14.20 Million | +125.72% |
| 2017-12-31 | $6.29 Million | -2.96% |
| 2016-12-31 | $6.48 Million | -77.93% |
| 2015-12-31 | $29.37 Million | +215.50% |
| 2015-03-31 | $9.31 Million | +115.74% |
| 2014-12-31 | $4.32 Million | 0.00% |
| 2013-12-31 | $4.32 Million | -38.20% |
| 2012-12-31 | $6.98 Million | -19.40% |
| 2011-12-31 | $8.66 Million | -22.67% |
| 2010-12-31 | $11.20 Million | -31.29% |
| 2009-12-31 | $16.30 Million | -52.52% |
| 2008-12-31 | $34.34 Million | -14.33% |
| 2007-12-31 | $40.08 Million | -3.79% |
| 2006-12-31 | $41.66 Million | +32.28% |
| 2005-12-31 | $31.49 Million | +56.73% |
| 2004-12-31 | $20.09 Million | -11.32% |
| 2003-12-31 | $22.66 Million | +31.66% |
| 2002-12-31 | $17.21 Million | -41.12% |
| 2001-12-31 | $29.23 Million | -30.83% |
| 2000-12-31 | $42.25 Million | +18.78% |
| 1999-12-31 | $35.57 Million | -10.40% |
| 1998-12-31 | $39.70 Million | -27.95% |
| 1997-12-31 | $55.10 Million | -13.64% |
| 1996-12-31 | $63.80 Million | +89.32% |
| 1995-12-31 | $33.70 Million | 0.00% |
| 1994-12-31 | $33.70 Million | +22.68% |
| 1993-12-31 | $27.47 Million | -- |