Arix Bioscience (LSE:ARIX) Total Assets : £240.53 Mil (As of Jun. 2023)

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What is Arix Bioscience Total Assets?

Arix Bioscience's Total Assets for the quarter that ended in Jun. 2023 was £240.53 Mil.

During the past 12 months, Arix Bioscience's average Total Assets Growth Rate was 42.70% per year. During the past 3 years, the average Total Assets Growth Rate was -12.10% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 7 years, Arix Bioscience's highest 3-Year average Total Assets Growth Rate was 87.40%. The lowest was -13.30%. And the median was 7.75%.

Total Assets is connected with ROA %. Arix Bioscience's annualized ROA % for the quarter that ended in Jun. 2023 was 10.66%. Total Assets is also linked to Revenue through Asset Turnover. Arix Bioscience's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Arix Bioscience Total Assets Historical Data

The historical data trend for Arix Bioscience'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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Arix Bioscience Total Assets Chart

Arix Bioscience Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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279.46

209.22

330.71

257.08

227.85

Arix Bioscience Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial								283.52	257.08	228.87	227.85	240.53

Arix Bioscience 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.

Arix Bioscience's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	225.913	+	1.934
	=	227.85

Arix Bioscience's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	239.12	+	1.414
	=	240.53

Arix Bioscience (LSE:ARIX) Total Assets Explanation

Total Assets is connected with ROA %.

Arix Bioscience's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	24.956	/	( (227.847	+	240.534)	/ 2 )
	=	24.956	/	234.1905
	=	10.66 %

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

Arix Bioscience's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0.027	/	( (227.847	+	240.534)	/ 2 )
=	0.027	/	234.1905
=	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.

Arix Bioscience Total Assets Related Terms

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Arix Bioscience (LSE:ARIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Arix Bioscience PLC (LSE:ARIX) » Definitions » Total Assets

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Address

50 Duke Street, Duke Street House, London, GBR, W1K 6JL

Website

https://www.arixbioscience.com

Arix Bioscience PLC is a healthcare and life science company. Its business model is to source, finance, and develop healthcare and life science businesses that deliver or seek to deliver therapies to patients. Its segment includes sourcing, financing, and developing healthcare and life science businesses globally.

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