Sigma Healthcare (ASX:SIG) Total Assets : A$1,703 Mil (As of Jul. 2024)

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What is Sigma Healthcare Total Assets?

Sigma Healthcare's Total Assets for the quarter that ended in Jul. 2024 was A$1,703 Mil.

During the past 12 months, Sigma Healthcare's average Total Assets Growth Rate was 35.80% per year. During the past 3 years, the average Total Assets Growth Rate was -5.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.10% per year. During the past 10 years, the average Total Assets Growth Rate was 1.50% per year.

During the past 13 years, Sigma Healthcare's highest 3-Year average Total Assets Growth Rate was 226.40%. The lowest was -24.30%. And the median was 3.10%.

Total Assets is connected with ROA %. Sigma Healthcare's annualized ROA % for the quarter that ended in Jul. 2024 was 0.48%. Total Assets is also linked to Revenue through Asset Turnover. Sigma Healthcare's Asset Turnover for the quarter that ended in Jul. 2024 was 1.19.

Sigma Healthcare Total Assets Historical Data

The historical data trend for Sigma Healthcare'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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Sigma Healthcare Total Assets Chart

Sigma Healthcare Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Assets

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1,212.07

1,205.62

1,248.28

1,174.07

1,377.91

Sigma Healthcare Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Total Assets	Get a 7-Day Free Trial															1,176.95	1,174.07	1,092.93	1,377.91	1,702.75

Sigma Healthcare 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.

Sigma Healthcare's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (A: Jan. 2024 )	+	Total Liabilities (A: Jan. 2024 )
	=	872.611	+	505.301
	=	1,378

Sigma Healthcare's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2024 )	+	Total Liabilities (Q: Jul. 2024 )
	=	871.706	+	831.047
	=	1,703

Sigma Healthcare (ASX:SIG) Total Assets Explanation

Total Assets is connected with ROA %.

Sigma Healthcare's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %	=	Net Income (Q: Jul. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
	=	7.432	/	( (1377.912	+	1702.753)	/ 2 )
	=	7.432	/	1540.3325
	=	0.48 %

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

Sigma Healthcare's Asset Turnover for the quarter that ended in Jul. 2024 is

	Asset Turnover
=	Revenue (Q: Jul. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
=	1840.327	/	( (1377.912	+	1702.753)	/ 2 )
=	1840.327	/	1540.3325
=	1.19

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.

Sigma Healthcare Total Assets Related Terms

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Sigma Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sigma Healthcare Ltd (ASX:SIG) » Definitions » Total Assets

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SIGGF:USA S5YA:Germany

Address

2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168

Website

https://www.sigmahealthcare.com.au

Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.