PharmX Technologies (ASX:PHX) Total Assets : A$29.60 Mil (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is PharmX Technologies Total Assets?

PharmX Technologies's Total Assets for the quarter that ended in Dec. 2023 was A$29.60 Mil.

During the past 12 months, PharmX Technologies's average Total Assets Growth Rate was -28.90% per year. During the past 3 years, the average Total Assets Growth Rate was 12.10% per year. During the past 5 years, the average Total Assets Growth Rate was 14.70% per year. During the past 10 years, the average Total Assets Growth Rate was 5.00% per year.

During the past 13 years, PharmX Technologies's highest 3-Year average Total Assets Growth Rate was 50.10%. The lowest was -28.30%. And the median was 2.55%.

Total Assets is connected with ROA %. PharmX Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was -10.48%. Total Assets is also linked to Revenue through Asset Turnover. PharmX Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

PharmX Technologies Total Assets Historical Data

The historical data trend for PharmX Technologies's Total Assets 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.

* Premium members only.

PharmX Technologies Total Assets Chart

PharmX Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

15.04

19.18

31.35

30.77

36.52

PharmX Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															31.03	30.77	29.37	36.52	29.60

PharmX Technologies Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

PharmX Technologies's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	22.211	+	14.309
	=	36.52

PharmX Technologies's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	16.029	+	13.567
	=	29.60

PharmX Technologies (ASX:PHX) Total Assets Explanation

Total Assets is connected with ROA %.

PharmX Technologies's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-3.464	/	( (36.52	+	29.596)	/ 2 )
	=	-3.464	/	33.058
	=	-10.48 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

PharmX Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	3.142	/	( (36.52	+	29.596)	/ 2 )
=	3.142	/	33.058
=	0.10

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

PharmX Technologies Total Assets Related Terms

Thank you for viewing the detailed overview of PharmX Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

PharmX Technologies (ASX:PHX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PharmX Technologies Ltd (ASX:PHX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Castlereagh Street, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.corumgroup.com.au

PharmX Technologies Ltd Formerly Corum Group Ltd is an Australia-based software and technology company. The company has a single segment which is Health Services. In Health services, the company develops and distributes business software for the pharmacy industry with particular emphasis on point-of-sale and pharmaceutical dispensing software, support services, and associated computer hardware. It derives a majority of its revenue from the Health services business. the company discontinued the e-commerce business in 2022.