Wearable Health Solutions Inc
Wearable Health Solutions, Inc. provides mobile health products and services in the United States, Canada, and New Zealand. The company manufactures medical alarm devices that are used to summon help in the event of an emergency. It offers MediPendant, a medical alarm product with speaker in the pendant that enables the user to simply speak and listen directly through the pendant in the event of … Read more
Wearable Health Solutions Inc (WHSI) - Total Assets
Latest total assets as of December 2023: $89.58K USD
Based on the latest financial reports, Wearable Health Solutions Inc (WHSI) holds total assets worth $89.58K USD as of December 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.
Wearable Health Solutions Inc - Total Assets Trend (2009–2023)
This chart illustrates how Wearable Health Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wearable Health Solutions Inc - Asset Composition Analysis
Current Asset Composition (June 2023)
Wearable Health Solutions Inc's total assets of $89.58K consist of 68.3% current assets and 31.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 61.0% |
| Accounts Receivable | $379.00 | 0.2% |
| Inventory | $8.55K | 3.8% |
| Property, Plant & Equipment | $70.85K | 31.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2023)
This chart illustrates how Wearable Health 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: Wearable Health Solutions Inc's current assets represent 68.3% of total assets in 2023, an increase from 11.0% in 2009.
- Cash Position: Cash and equivalents constituted 61.0% of total assets in 2023, up from 2.1% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 87.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 31.7% of total assets.
Wearable Health Solutions Inc Competitors by Total Assets
Key competitors of Wearable Health Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
OJsys Inc
PINK:OJSY
|
USA | $8.03 Million |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
China | CN¥3.82 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
China | CN¥16.46 Billion |
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥28.98 Billion |
|
Allmed Medical Products Co Ltd Class A
SHE:002950
|
China | CN¥5.35 Billion |
|
Inix Technologies Holdings Bhd
KLSE:0094
|
Malaysia | RM72.53 Million |
|
Focus Point Holdings Bhd
KLSE:0157
|
Malaysia | RM328.19 Million |
|
Careplus Group Bhd
KLSE:0163
|
Malaysia | RM286.61 Million |
Wearable Health 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
Strong asset utilization - Wearable Health Solutions Inc generates 3.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wearable Health Solutions Inc is currently not profitable relative to its asset base.
Wearable Health 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 | 0.05 | 0.15 |
| Quick Ratio | 0.01 | 0.02 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.14 Million | $ -2.43 Million | $ -1.60 Million |
Wearable Health Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Wearable Health 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 | 0.53 |
| Asset Growth Rate (YoY) | -34.2% |
| Total Assets | $223.17K |
| Market Capitalization | $118.60K USD |
Valuation Analysis
Below Book Valuation: The market values Wearable Health Solutions Inc's assets below their book value (0.53 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Wearable Health Solutions Inc's assets decreased by 34.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Wearable Health Solutions Inc (2009–2023)
The table below shows the annual total assets of Wearable Health Solutions Inc from 2009 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | $223.17K | -34.18% |
| 2022-06-30 | $339.06K | -62.65% |
| 2021-06-30 | $907.81K | +40.90% |
| 2020-06-30 | $644.31K | +120.33% |
| 2019-06-30 | $292.43K | +27.13% |
| 2018-06-30 | $230.01K | -44.67% |
| 2017-06-30 | $415.72K | -27.17% |
| 2016-06-30 | $570.84K | +107.84% |
| 2015-06-30 | $274.65K | -76.46% |
| 2014-06-30 | $1.17 Million | -16.67% |
| 2013-06-30 | $1.40 Million | +1.59% |
| 2011-06-30 | $1.38 Million | -28.75% |
| 2010-06-30 | $1.93 Million | -18.46% |
| 2009-06-30 | $2.37 Million | -- |