HADV (Health Advance) Book Value per Share: $0.02 (As of Sep. 2017)

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What is Health Advance Book Value per Share?

Health Advance HADV Book Value per Share is $0.02 as of Sep. 2017.

Health Advance's book value per share for the quarter that ended in Sep. 2017 was $0.02.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Health Advance's current price is $0.0002. Its book value per share for the quarter that ended in Sep. 2017 was $0.02. Hence, today's PB Ratio of Health Advance is 0.01.

Health Advance  (OTCPK:HADV) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Health Advance Book Value per Share Related Terms

Health Advance Book Value per Share Historical Data

* Premium members only.

The historical data trend for Health Advance's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Health Advance Book Value per Share Chart

Health Advance Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15
Book Value per Share
0.00 -0.00 -0.00 -0.00 -0.01

Health Advance Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Sep17
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.01 0.00 0.02

HADV vs MYDP, HEWA, RXMD: Book Value per Share Comparison

For the Pharmaceutical Retailers subindustry, Health Advance's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Health Advance PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Health Advance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Health Advance's PB Ratio falls into.


Health Advance Book Value per Share Calculation

Health Advance's Book Value Per Share for the fiscal year that ended in Jul. 2015 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-0.13-0.00)/24.52
=-0.01

Health Advance's Book Value Per Share for the quarter that ended in Sep. 2017 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2.68-0.00)/126.80
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $0.02 mean?
Health Advance (HADV) has a Book Value per Share of $0.02 as of Sep. 2017. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Health Advance and its competitors.
Is Health Advance's Book Value per Share too high?
Health Advance's current Book Value per Share is $0.02.
How does Health Advance's Book Value per Share compare to MYDP and HEWA?
Health Advance's Book Value per Share of $0.02 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Healthcare Providers & Services company?
A good Book Value per Share depends on the Healthcare Providers & Services industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Health Advance and its competitors. Health Advance's current Book Value per Share is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Advance stock overvalued right now?
Health Advance (HADV) has a current Book Value per Share of $0.02. The current Book Value per Share is $0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Health Advance (HADV), the current Book Value per Share is $0.02 as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Health Advance Business Description

Address 9131 Keele Street, Suite A4, Vaughan, ON, CAN, L4K 0G7
Health Advance Inc is engaged in the retail domain. The Company is focused on products that are oriented to health and wellness. The first example of this is a proprietary CBD-infused wine beverage. The company is in the analysis stage for Immune boosting nutraceuticals, and human wellness products.