Cognetivity Neurosciences (Cognetivity Neurosciences) Total Assets : $0.36 Mil (As of Oct. 2023)

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What is Cognetivity Neurosciences Total Assets?

Cognetivity Neurosciences's Total Assets for the quarter that ended in Oct. 2023 was $0.36 Mil.

During the past 12 months, Cognetivity Neurosciences's average Total Assets Growth Rate was -49.20% per year. During the past 3 years, the average Total Assets Growth Rate was 51.00% per year. During the past 5 years, the average Total Assets Growth Rate was 32.50% per year.

During the past 7 years, Cognetivity Neurosciences's highest 3-Year average Total Assets Growth Rate was 67.80%. The lowest was 23.10%. And the median was 49.40%.

Total Assets is connected with ROA %. Cognetivity Neurosciences's annualized ROA % for the quarter that ended in Oct. 2023 was -1,541.89%. Total Assets is also linked to Revenue through Asset Turnover. Cognetivity Neurosciences's Asset Turnover for the quarter that ended in Oct. 2023 was 0.05.

Cognetivity Neurosciences Total Assets Historical Data

The historical data trend for Cognetivity Neurosciences'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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Cognetivity Neurosciences Total Assets Chart

Cognetivity Neurosciences Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Total Assets

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0.54

0.57

1.44

1.59

2.11

Cognetivity Neurosciences Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Assets	Get a 7-Day Free Trial															3.69	2.11	0.98	0.42	0.36

Cognetivity Neurosciences 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.

Cognetivity Neurosciences's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets	=	Total Equity (A: Jan. 2023 )	+	Total Liabilities (A: Jan. 2023 )
	=	-7.368	+	9.476
	=	2.11

Cognetivity Neurosciences's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	-11.082	+	11.437
	=	0.35

Cognetivity Neurosciences (OTCPK:CGNSF) Total Assets Explanation

Total Assets is connected with ROA %.

Cognetivity Neurosciences's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-5.944	/	( (0.416	+	0.355)	/ 2 )
	=	-5.944	/	0.3855
	=	-1,541.89 %

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

Cognetivity Neurosciences's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	0.021	/	( (0.416	+	0.355)	/ 2 )
=	0.021	/	0.3855
=	0.05

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.

Cognetivity Neurosciences Total Assets Related Terms

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Cognetivity Neurosciences (Cognetivity Neurosciences) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cognetivity Neurosciences Ltd (OTCPK:CGNSF) » Definitions » Total Assets

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1UB:Germany CGN:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.cognetivity.com

Cognetivity Neurosciences Ltd is a technology company developing a cognitive testing platform, the Integrated Cognitive Assessment (ICA), for use in medical, commercial, and consumer environments for potentially allowing early diagnosis of dementia. The Company is considered operating in one segment for development of the ICA platform. Its geographical areas include Canada, United Kingdom and Dubai.

Cognetivity Neurosciences (Cognetivity Neurosciences) Headlines

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