Medical Facilities (Medical Facilities) Total Assets : $345.4 Mil (As of Mar. 2024)

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What is Medical Facilities Total Assets?

Medical Facilities's Total Assets for the quarter that ended in Mar. 2024 was $345.4 Mil.

During the past 12 months, Medical Facilities's average Total Assets Growth Rate was -4.70% per year. During the past 3 years, the average Total Assets Growth Rate was -3.90% per year. During the past 5 years, the average Total Assets Growth Rate was -5.60% per year. During the past 10 years, the average Total Assets Growth Rate was 0.90% per year.

During the past 13 years, Medical Facilities's highest 3-Year average Total Assets Growth Rate was 11.20%. The lowest was -6.90%. And the median was 3.40%.

Total Assets is connected with ROA %. Medical Facilities's annualized ROA % for the quarter that ended in Mar. 2024 was 2.02%. Total Assets is also linked to Revenue through Asset Turnover. Medical Facilities's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.

Medical Facilities Total Assets Historical Data

The historical data trend for Medical Facilities'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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Medical Facilities Total Assets Chart

Medical Facilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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470.55

457.00

446.97

377.79

354.89

Medical Facilities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															367.32	358.41	352.74	354.89	345.45

Medical Facilities 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.

Medical Facilities'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 )
	=	118.303	+	236.582
	=	354.9

Medical Facilities's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	108.643	+	236.802
	=	345.4

Medical Facilities (OTCPK:MFCSF) Total Assets Explanation

Total Assets is connected with ROA %.

Medical Facilities's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	7.08	/	( (354.885	+	345.445)	/ 2 )
	=	7.08	/	350.165
	=	2.02 %

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

Medical Facilities's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	108.258	/	( (354.885	+	345.445)	/ 2 )
=	108.258	/	350.165
=	0.31

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.

Medical Facilities Total Assets Related Terms

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Medical Facilities (Medical Facilities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medical Facilities Corp (OTCPK:MFCSF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

31F:Germany DR:Canada

Address

4576 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6N4

Website

https://www.medicalfacilitiescorp.ca

Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. Its key revenue source is from the facility service income. The corporation's operations are based in the United States.

Medical Facilities (Medical Facilities) Headlines

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