Carespan Health Inc
CareSpan Health, Inc., together with its subsidiaries, operates as a healthcare technology and services company in the United States. The company offers CareSpan Clinic, a clinic-in-the-cloud workflow-driven platform that integrates remote patient monitoring, diagnostic tools, patient electronic health records, care collaboration capabilities, patient engagement, e-prescribing, and lab ordering, … Read more
Carespan Health Inc (CSPN) - Total Assets
Latest total assets as of March 2025: CA$116.81K CAD
Based on the latest financial reports, Carespan Health Inc (CSPN) holds total assets worth CA$116.81K CAD as of March 2025.
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.
Carespan Health Inc - Total Assets Trend (2021–2024)
This chart illustrates how Carespan Health Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Carespan Health Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Carespan Health Inc's total assets of CA$116.81K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.4% |
| Accounts Receivable | CA$125.00K | 96.6% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Carespan 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: Carespan Health Inc's current assets represent 100.0% of total assets in 2024, an increase from 97.6% in 2021.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 35.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 96.6% of total assets.
Carespan Health Inc Competitors by Total Assets
Key competitors of Carespan Health 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 |
Carespan 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 - Carespan Health Inc generates 4.67x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Carespan Health Inc is currently not profitable relative to its asset base.
Carespan 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 | 0.04 | 0.24 | 0.15 |
| Quick Ratio | 0.04 | 0.24 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-2.92 Million | CA$ -1.91 Million | CA$ -8.11 Million |
Carespan Health Inc - Advanced Valuation Insights
This section examines the relationship between Carespan 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 | 4.41 |
| Asset Growth Rate (YoY) | -42.8% |
| Total Assets | CA$129.39K |
| Market Capitalization | $571.18K USD |
Valuation Analysis
Premium Asset Valuation: The market values Carespan Health Inc's assets at a significant premium ( 4.41x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Carespan Health Inc's assets decreased by 42.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Carespan Health Inc (2021–2024)
The table below shows the annual total assets of Carespan Health Inc from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$129.39K | -42.82% |
| 2023-12-31 | CA$226.29K | -83.59% |
| 2022-12-31 | CA$1.38 Million | -48.87% |
| 2021-12-31 | CA$2.70 Million | -- |