HADV (Health Advance) Total Assets: $2.97 Mil (As of Sep. 2017)


What is Health Advance Total Assets?

Health Advance HADV Total Assets is $2.97 Mil as of Sep. 2017.

Health Advance's Total Assets for the quarter that ended in Sep. 2017 was $2.97 Mil.

Total Assets is connected with ROA %. Health Advance's annualized ROA % for the quarter that ended in Sep. 2017 was -9.94%. Total Assets is also linked to Revenue through Asset Turnover. Health Advance's Asset Turnover for the quarter that ended in Sep. 2017 was 0.00.

Health Advance  (OTCPK:HADV) Total Assets Explanation

Total Assets is connected with ROA %.

Health Advance's annualized ROA % for the quarter that ended in Sep. 2017 is

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Apr. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=-0.296/( (2.99+2.965)/ 2 )
=-0.296/2.9775
=-9.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) 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.

Health Advance's Asset Turnover for the quarter that ended in Sep. 2017 is

Asset Turnover
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Apr. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=0/( (2.99+2.965)/ 2 )
=0/2.9775
=0.00

* 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.

Health Advance Total Assets Related Terms

Health Advance Total Assets Historical Data

* Premium members only.

The historical data trend for Health Advance'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.

Health Advance Total Assets Chart

Health Advance Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15
Total Assets
0.03 0.00 0.00 0.00 0.00

Health Advance Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Sep17
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 0.00 0.00 0.00 2.99 2.97

Health Advance 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.

Health Advance's Total Assets for the fiscal year that ended in Jul. 2015 is calculated as

Total Assets=Total Equity (A: Jul. 2015 )+Total Liabilities (A: Jul. 2015 )
=-0.13+0.13
=0.00

Health Advance's Total Assets for the quarter that ended in Sep. 2017 is calculated as

Total Assets=Total Equity (Q: Sep. 2017 )+Total Liabilities (Q: Sep. 2017 )
=2.682+0.283
=2.97

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $2.97 Mil mean?
Health Advance (HADV) has a Total Assets of $2.97 Mil as of Sep. 2017. The total amount of assets as recorded on a company's balance sheet. View historical data on Health Advance and its competitors.
Is Health Advance's Total Assets too high?
Health Advance's current Total Assets is $2.97 Mil.
How does Health Advance's Total Assets compare to MYDP and HEWA?
Health Advance's Total Assets of $2.97 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Healthcare Providers & Services company?
A good Total Assets depends on the Healthcare Providers & Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Health Advance and its competitors. Health Advance's current Total Assets is $2.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Advance stock overvalued right now?
Health Advance (HADV) has a current Total Assets of $2.97 Mil. The current Total Assets is $2.97 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Health Advance (HADV), the current Total Assets is $2.97 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Health Advance Business Description

Address 9131 Keele Street, Suite A4, Vaughan, ON, CAN, L4K 0G7
Health Advance Inc is engaged in the retail domain. The Company is focused on products that are oriented to health and wellness. The first example of this is a proprietary CBD-infused wine beverage. The company is in the analysis stage for Immune boosting nutraceuticals, and human wellness products.