EGF Theramed Health (XCNQ:TMED) Total Assets : C$0.24 Mil (As of Dec. 2023)

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What is EGF Theramed Health Total Assets?

EGF Theramed Health's Total Assets for the quarter that ended in Dec. 2023 was C$0.24 Mil.

During the past 12 months, EGF Theramed Health's average Total Assets Growth Rate was 10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was -31.50% per year. During the past 10 years, the average Total Assets Growth Rate was -22.40% per year.

During the past 12 years, EGF Theramed Health's highest 3-Year average Total Assets Growth Rate was 128.80%. The lowest was -71.60%. And the median was -6.70%.

Total Assets is connected with ROA %. EGF Theramed Health's annualized ROA % for the quarter that ended in Dec. 2023 was -63.81%. Total Assets is also linked to Revenue through Asset Turnover. EGF Theramed Health's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

EGF Theramed Health Total Assets Historical Data

The historical data trend for EGF Theramed 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.

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EGF Theramed Health Total Assets Chart

EGF Theramed Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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2.86

0.51

1.20

0.18

0.19

EGF Theramed Health Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															0.19	0.19	0.19	0.27	0.24

EGF Theramed 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.

EGF Theramed Health'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 )
	=	-2.479	+	2.672
	=	0.19

EGF Theramed Health'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 )
	=	-2.518	+	2.759
	=	0.24

EGF Theramed Health (XCNQ:TMED) Total Assets Explanation

Total Assets is connected with ROA %.

EGF Theramed Health's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.164	/	( (0.273	+	0.241)	/ 2 )
	=	-0.164	/	0.257
	=	-63.81 %

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

EGF Theramed Health's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (0.273	+	0.241)	/ 2 )
=	0	/	0.257
=	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.

EGF Theramed Health Total Assets Related Terms

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EGF Theramed Health (XCNQ:TMED) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EGF Theramed Health Corp (XCNQ:TMED) » Definitions » Total Assets

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EVAHF:USA AUH:Germany

Address

609 Granville Street, Suite 1600, P.O. Box 10068,, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3

Website

https://www.egftheramedhealth.com

EGF Theramed Health Corp is an early-stage development company. It develops products, technologies, and diagnostic tools focused on personalized medical care including research with natural health and wellness products. The products serve the overall goal of improving health and elevating the human condition. The company explores many other medical areas including weight loss, skincare and heart disease.