NetraMark Holdings (XCNQ:AIAI) Total Assets : C$0.49 Mil (As of Mar. 2024)

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What is NetraMark Holdings Total Assets?

NetraMark Holdings's Total Assets for the quarter that ended in Mar. 2024 was C$0.49 Mil.

During the past 12 months, NetraMark Holdings's average Total Assets Growth Rate was -97.50% per year. During the past 3 years, the average Total Assets Growth Rate was 0.30% per year.

During the past 4 years, NetraMark Holdings's highest 3-Year average Total Assets Growth Rate was 0.30%. The lowest was 0.30%. And the median was 0.30%.

Total Assets is connected with ROA %. NetraMark Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -410.61%. Total Assets is also linked to Revenue through Asset Turnover. NetraMark Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.32.

NetraMark Holdings Total Assets Historical Data

The historical data trend for NetraMark Holdings'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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NetraMark Holdings Total Assets Chart

NetraMark Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Total Assets

1.97

8.40

9.20

1.91

NetraMark Holdings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										9.04	9.34	1.91	0.91	0.49

NetraMark Holdings 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.

NetraMark Holdings's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	1.085	+	0.824
	=	1.91

NetraMark Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	0.223	+	0.263
	=	0.49

NetraMark Holdings (XCNQ:AIAI) Total Assets Explanation

Total Assets is connected with ROA %.

NetraMark Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-2.864	/	( (0.91	+	0.485)	/ 2 )
	=	-2.864	/	0.6975
	=	-410.61 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

NetraMark Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0.222	/	( (0.91	+	0.485)	/ 2 )
=	0.222	/	0.6975
=	0.32

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.

NetraMark Holdings Total Assets Related Terms

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NetraMark Holdings (XCNQ:AIAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NetraMark Holdings Inc (XCNQ:AIAI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AINMF:USA

Address

1655 Dupont Street, Suite 101, Toronto, ON, CAN, M6P 3T1

Website

https://www.nurosene.com

NetraMark Holdings Inc is focused on the application of a totally unique Artificial Intelligence (AI) / Machine Learning (ML) solution targeted at the pharmaceutical industry in order to de-risk clinical trials. NetraMark has a proprietary technology that is capable of cutting through the combinatorial complexity that comes with dealing with heterogeneous patient populations to extract precisely defined personas of patients with respect to placebo and drug response, in addition to tolerability and adverse events. By using the client's own contemporaneous data, and having the capacity to learn from small data, the NetraAI tech extracts these personas to equip pharmaceutical companies with strategies to optimize their next trials for success.

Executives

Andrew Parks

Director

NetraMark Holdings (XCNQ:AIAI) Headlines

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