Aquarius Surgical Technologies (Aquarius Surgical Technologies) Total Assets : $0.47 Mil (As of Dec. 2023)

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What is Aquarius Surgical Technologies Total Assets?

Aquarius Surgical Technologies's Total Assets for the quarter that ended in Dec. 2023 was $0.47 Mil.

During the past 12 months, Aquarius Surgical Technologies's average Total Assets Growth Rate was 13.90% per year. During the past 3 years, the average Total Assets Growth Rate was -28.90% per year. During the past 5 years, the average Total Assets Growth Rate was -19.90% per year. During the past 10 years, the average Total Assets Growth Rate was 25.50% per year.

During the past 13 years, Aquarius Surgical Technologies's highest 3-Year average Total Assets Growth Rate was 583.80%. The lowest was -72.70%. And the median was -12.30%.

Total Assets is connected with ROA %. Aquarius Surgical Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was -116.58%. Total Assets is also linked to Revenue through Asset Turnover. Aquarius Surgical Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Aquarius Surgical Technologies Total Assets Historical Data

The historical data trend for Aquarius Surgical 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.

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Aquarius Surgical Technologies Total Assets Chart

Aquarius Surgical Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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1.29

1.19

0.75

0.71

0.50

Aquarius Surgical Technologies 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															0.42	0.50	0.48	0.48	0.47

Aquarius Surgical 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.

Aquarius Surgical Technologies's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	-2.812	+	3.309
	=	0.50

Aquarius Surgical Technologies'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 )
	=	-3.269	+	3.74
	=	0.47

Aquarius Surgical Technologies (OTCPK:AQQRF) Total Assets Explanation

Total Assets is connected with ROA %.

Aquarius Surgical Technologies'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 )
	=	-0.552	/	( (0.477	+	0.47)	/ 2 )
	=	-0.552	/	0.4735
	=	-116.58 %

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.

Aquarius Surgical Technologies'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 )
=	0.042	/	( (0.477	+	0.47)	/ 2 )
=	0.042	/	0.4735
=	0.09

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.

Aquarius Surgical Technologies Total Assets Related Terms

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Aquarius Surgical Technologies (Aquarius Surgical Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Aquarius Surgical Technologies Inc (OTCPK:AQQRF) » Definitions » Total Assets

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ASTI:Canada

Address

89 Scollard Street, Toronto, ON, CAN, M5R 1G4

Website

https://aquariussurgical.com

Aquarius Surgical Technologies Inc is engaged in the development, sale, distribution, marketing, and exploitation of laser-driven technologies for use in surgical environments, principally in the field of urology. The company derives revenue from the sale of medical devices and fiber-optic delivery devices. Geographically, it has a presence in Canada, the United States, and the Dominican Republic.