Qlife Holding AB (OSTO:QLIFE) Total Assets : kr150.01 Mil (As of Sep. 2023)

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What is Qlife Holding AB Total Assets?

Qlife Holding AB's Total Assets for the quarter that ended in Sep. 2023 was kr150.01 Mil.

During the past 12 months, Qlife Holding AB's average Total Assets Growth Rate was -24.20% per year. During the past 3 years, the average Total Assets Growth Rate was 34.90% per year.

During the past 4 years, Qlife Holding AB's highest 3-Year average Total Assets Growth Rate was 34.90%. The lowest was 34.90%. And the median was 34.90%.

Total Assets is connected with ROA %. Qlife Holding AB's annualized ROA % for the quarter that ended in Sep. 2023 was -23.06%. Total Assets is also linked to Revenue through Asset Turnover. Qlife Holding AB's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Qlife Holding AB Total Assets Historical Data

The historical data trend for Qlife Holding AB'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.

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Qlife Holding AB Total Assets Chart

Qlife Holding AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Assets

76.60

87.15

164.00

192.65

Qlife Holding AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial														201.66	192.65	190.64	159.64	150.01

Qlife Holding AB 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.

Qlife Holding AB'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 )
	=	91.149	+	101.501
	=	192.65

Qlife Holding AB's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	91.505	+	58.504
	=	150.01

Qlife Holding AB (OSTO:QLIFE) Total Assets Explanation

Total Assets is connected with ROA %.

Qlife Holding AB's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-35.704	/	( (159.642	+	150.009)	/ 2 )
	=	-35.704	/	154.8255
	=	-23.06 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Qlife Holding AB's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0.045	/	( (159.642	+	150.009)	/ 2 )
=	0.045	/	154.8255
=	0.00

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.

Qlife Holding AB Total Assets Related Terms

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Qlife Holding AB (OSTO:QLIFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Qlife Holding AB (OSTO:QLIFE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

4HG:Germany

Address

Redaregatan 48, Helsingborg, SWE, SE-252 36

Website

https://www.qlifeholding.com

Qlife Holding AB is a medical device company that seeks to revolutionize the clinical biomarker testing of whole blood by taking it out of the lab and into the homes of the people who needs it. The Egoo Home System is an integrated platform consisting of a small home device and disposable capsules, each of which tests for a specific biomarker. It provides a digital infrastructure for sharing the data with the patient's doctor, clinic or hospital via smartphone and computer.

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