GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Reliq Health Technologies Inc (TSXV:RHT) » Definitions » Total Assets

Reliq Health Technologies (TSXV:RHT) Total Assets : C$14.25 Mil (As of Sep. 2022)


View and export this data going back to 2006. Start your Free Trial

What is Reliq Health Technologies Total Assets?

Reliq Health Technologies's Total Assets for the quarter that ended in Sep. 2022 was C$14.25 Mil.

Total Assets is connected with ROA %. Reliq Health Technologies's annualized ROA % for the quarter that ended in Sep. 2022 was -3.98%. Total Assets is also linked to Revenue through Asset Turnover. Reliq Health Technologies's Asset Turnover for the quarter that ended in Sep. 2022 was 0.28.


Reliq Health Technologies Total Assets Historical Data

The historical data trend for Reliq Health 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.

Reliq Health Technologies Total Assets Chart

Reliq Health Technologies Annual Data
Trend Dec13 Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 3.76 2.70 3.46 10.27

Reliq Health Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.32 7.10 9.07 10.27 14.25

Reliq Health 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.

Reliq Health Technologies's Total Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (A: Jun. 2022 )+Total Liabilities (A: Jun. 2022 )
=6.371+3.896
=10.27

Reliq Health Technologies's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=8.256+5.991
=14.25

* 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.


Reliq Health Technologies  (TSXV:RHT) Total Assets Explanation

Total Assets is connected with ROA %.

Reliq Health Technologies's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-0.488/( (10.267+14.247)/ 2 )
=-0.488/12.257
=-3.98 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Reliq Health Technologies's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=3.472/( (10.267+14.247)/ 2 )
=3.472/12.257
=0.28

* 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.

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.

Reliq Health Technologies Total Assets Related Terms

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


Reliq Health Technologies (TSXV:RHT) Business Description

Traded in Other Exchanges
N/A
Address
175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1
Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. Reliq's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery. The firm earns through the supply of mobile device management (MDM) solutions for mobile devices and subscriptions of the iUGO CARE platform to healthcare client. The firm is based in Canada.

Reliq Health Technologies (TSXV:RHT) Headlines

No Headlines