OptiBiotix Health (FRA:OB3) Total Assets : €11.56 Mil (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is OptiBiotix Health Total Assets?

OptiBiotix Health's Total Assets for the quarter that ended in Jun. 2023 was €11.56 Mil.

Warning Sign:

If a company builds assets at 36.3% a year, faster than its revenue growth rate of 30.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, OptiBiotix Health's average Total Assets Growth Rate was -56.90% per year. During the past 3 years, the average Total Assets Growth Rate was 16.10% per year. During the past 5 years, the average Total Assets Growth Rate was 36.30% per year. During the past 10 years, the average Total Assets Growth Rate was 114.60% per year.

During the past 12 years, OptiBiotix Health's highest 3-Year average Total Assets Growth Rate was 949.10%. The lowest was 13.20%. And the median was 42.20%.

Total Assets is connected with ROA %. OptiBiotix Health's annualized ROA % for the quarter that ended in Jun. 2023 was -34.64%. Total Assets is also linked to Revenue through Asset Turnover. OptiBiotix Health's Asset Turnover for the quarter that ended in Jun. 2023 was 0.03.

OptiBiotix Health Total Assets Historical Data

The historical data trend for OptiBiotix Health'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.

OptiBiotix Health Total Assets Chart

OptiBiotix Health Annual Data

Trend

Jul10

Jul12

Nov14

Nov15

Nov16

Nov17

Nov18

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

8.63

9.12

15.14

23.71

13.28

OptiBiotix Health Semi-Annual Data
	Jul12	Jan13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															32.78	23.71	26.18	13.28	11.56

OptiBiotix Health 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.

OptiBiotix Health's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	12.539	+	0.739
	=	13.28

OptiBiotix Health's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	10.557	+	1.005
	=	11.56

OptiBiotix Health (FRA:OB3) Total Assets Explanation

Total Assets is connected with ROA %.

OptiBiotix Health's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-4.302	/	( (13.278	+	11.562)	/ 2 )
	=	-4.302	/	12.42
	=	-34.64 %

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

OptiBiotix Health's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0.409	/	( (13.278	+	11.562)	/ 2 )
=	0.409	/	12.42
=	0.03

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.

OptiBiotix Health Total Assets Related Terms

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

OptiBiotix Health (FRA:OB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » OptiBiotix Health PLC (FRA:OB3) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

OPTI.GB:UK OPTI:UK

Address

Innovation Centre, Innovation Way, Heslington, York, GBR, YO10 5DG

Website

https://www.optibiotix.com

OptiBiotix Health PLC is engaged in the field of healthcare. As a life science company, its prime focus lies in researching the area of biotechnology. Its activities include the identification of microbial strains, compounds, and formulations for use in food ingredients, supplements, and active compounds that can impact human physiology, deriving potential health benefits. The company derives majority of the revenue from the sale of Functional Fibres. The company markets its products in the United Kingdom under trademark names such as OptiBiotix, SweetBiotix, and SkinBioTherapeutics.

OptiBiotix Health (FRA:OB3) Headlines

No Headlines