FSD Pharma (FSD Pharma) Total Assets : $17.48 Mil (As of Dec. 2023)

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What is FSD Pharma Total Assets?

FSD Pharma's Total Assets for the quarter that ended in Dec. 2023 was $17.48 Mil.

During the past 12 months, FSD Pharma's average Total Assets Growth Rate was -35.60% per year. During the past 3 years, the average Total Assets Growth Rate was -15.70% per year. During the past 5 years, the average Total Assets Growth Rate was -10.80% per year.

During the past 9 years, FSD Pharma's highest 3-Year average Total Assets Growth Rate was 2083.10%. The lowest was -16.00%. And the median was -5.80%.

Total Assets is connected with ROA %. FSD Pharma's annualized ROA % for the quarter that ended in Dec. 2023 was -29.06%. Total Assets is also linked to Revenue through Asset Turnover. FSD Pharma's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

FSD Pharma Total Assets Historical Data

The historical data trend for FSD Pharma'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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FSD Pharma Total Assets Chart

FSD Pharma Annual Data

Trend

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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43.22

41.97

62.96

38.41

17.48

FSD Pharma 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															38.41	29.48	21.41	18.94	17.48

FSD Pharma 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.

FSD Pharma's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	12.909	+	4.566
	=	17.48

FSD Pharma'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 )
	=	12.909	+	4.566
	=	17.48

FSD Pharma (NAS:HUGE) Total Assets Explanation

Total Assets is connected with ROA %.

FSD Pharma'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 )
	=	-5.292	/	( (18.942	+	17.475)	/ 2 )
	=	-5.292	/	18.2085
	=	-29.06 %

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.

FSD Pharma'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	/	( (18.942	+	17.475)	/ 2 )
=	0	/	18.2085
=	0.00

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.

FSD Pharma Total Assets Related Terms

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FSD Pharma (FSD Pharma) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » FSD Pharma Inc (NAS:HUGE) » Definitions » Total Assets

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0K9:Germany HUGE:Canada

Address

199 Bay Street, Suite 4000, Toronto, ON, CAN, M5L 1A9

Website

https://www.fsdpharma.com

FSD Pharma Inc is a biopharmaceutical company developing three clinical candidates with the potential to address neuropsychiatric, neurodegenerative, and inflammatory disorders. Along with its subsidiaries, the group is focused on pharmaceutical research and development of its compound, FSD201, an ultra-micronized PEA, for the treatment of inflammatory diseases; Lucid-Psych is used in the treatment of mental health disorders and Lucid-MS is used in the treatment of neurodegenerative disorders. The Company operates in two segments: Biotechnology and Strategic Investments.