Global Health (ASX:GLH) Total Assets : A$1.95 Mil (As of Dec. 2023)

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What is Global Health Total Assets?

Global Health's Total Assets for the quarter that ended in Dec. 2023 was A$1.95 Mil.

During the past 12 months, Global Health's average Total Assets Growth Rate was -89.80% per year. During the past 3 years, the average Total Assets Growth Rate was -47.70% per year. During the past 5 years, the average Total Assets Growth Rate was -31.00% per year. During the past 10 years, the average Total Assets Growth Rate was -6.30% per year.

During the past 13 years, Global Health's highest 3-Year average Total Assets Growth Rate was 46.10%. The lowest was -51.50%. And the median was 8.60%.

Total Assets is connected with ROA %. Global Health's annualized ROA % for the quarter that ended in Dec. 2023 was -89.28%. Total Assets is also linked to Revenue through Asset Turnover. Global Health's Asset Turnover for the quarter that ended in Dec. 2023 was 1.59.

Global Health Total Assets Historical Data

The historical data trend for Global 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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Global Health Total Assets Chart

Global Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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5.90

6.77

9.04

11.09

3.12

Global Health Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															11.73	11.09	8.70	3.12	1.95

Global 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.

Global 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 )
	=	-1.62	+	4.739
	=	3.12

Global 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 )
	=	-2.75	+	4.697
	=	1.95

Global Health (ASX:GLH) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-2.262	/	( (3.12	+	1.947)	/ 2 )
	=	-2.262	/	2.5335
	=	-89.28 %

Note: The Net Income data used here is two times the semi-annual (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.

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	4.039	/	( (3.12	+	1.947)	/ 2 )
=	4.039	/	2.5335
=	1.59

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.

Global Health Total Assets Related Terms

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Global Health (ASX:GLH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Global Health Ltd (ASX:GLH) » Definitions » Total Assets

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Address

696 Bourke Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.global-health.com

Global Health Ltd is engaged in developing, selling, and supporting application software for the healthcare sector in Australia. It operates in a single segment, being the computer technology, software, and services industry. It provides mental health software for psychologists and psychiatrists; integrated software solutions for various areas of community health and human services, including drug and alcohol, disability, dental, and community rehabilitation; and digital software for healthcare communities.

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