Optima Health (LSE:OPT) Total Assets : £210.2 Mil (As of Sep. 2024)

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What is Optima Health Total Assets?

Optima Health's Total Assets for the quarter that ended in Sep. 2024 was £210.2 Mil.

Total Assets is connected with ROA %. Optima Health's annualized ROA % for the quarter that ended in Sep. 2024 was -0.64%. Total Assets is also linked to Revenue through Asset Turnover. Optima Health's Asset Turnover for the quarter that ended in Sep. 2024 was 0.24.

Optima Health Total Assets Historical Data

The historical data trend for Optima Health'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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Optima Health Total Assets Chart

Optima Health Annual Data

Trend

Mar22

Mar23

Mar24

Total Assets

192.56

225.27

210.39

Optima Health Semi-Annual Data
	Mar22	Mar23	Sep23	Mar24	Sep24
Total Assets	192.56	225.27	-	210.39	210.19

Optima Health 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.

Optima Health's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	162.278	+	48.11
	=	210.4

Optima Health's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	165.757	+	44.431
	=	210.2

Optima Health (LSE:OPT) Total Assets Explanation

Total Assets is connected with ROA %.

Optima Health's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-1.344	/	( (210.388	+	210.188)	/ 2 )
	=	-1.344	/	210.288
	=	-0.64 %

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

Optima Health's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	50.751	/	( (210.388	+	210.188)	/ 2 )
=	50.751	/	210.288
=	0.24

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.

Optima Health Total Assets Related Terms

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Optima Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Optima Health PLC (LSE:OPT) » Definitions » Total Assets

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Traded in Other Exchanges

J3N:Germany

Address

2 Hayland Street, Meadow Court, Sheffield, GBR, S9 1BY

Website

https://www.optimahealth.co.uk

Optima Health PLC is a provider of technology enabled corporate health and wellbeing solutions in the occupational health sector. The group offers a comprehensive range of flexible and progressive services from statutory-driven workplace health surveillance medicals to proactive and preventive interventions, through to workplace health advice and attendance management assessments, and ultimately rehabilitation programs and pathways aimed at returning people to work.