Manhattan Scientifics's Total Assets for the quarter that ended in Dec. 2023 was $0.32 Mil.
During the past 12 months, Manhattan Scientifics's average Total Assets Growth Rate was -70.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -66.30% per year.
During the past 5 years, the average Total Assets Growth Rate was -34.60% per year.
During the past 10 years, the average Total Assets Growth Rate was -11.50% per year.
During the past 13 years, Manhattan Scientifics's highest 3-Year average Total Assets Growth Rate was 112.30%. The lowest was -66.30%. And the median was -15.90%.
Manhattan Scientifics Total Assets Historical Data
The historical data trend for Manhattan Scientifics'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.
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.
Manhattan Scientifics's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Manhattan Scientifics (OTCPK:MHTX) Total Assets Explanation
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.
Manhattan Scientifics's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Manhattan Scientifics Total Assets Related Terms
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Manhattan Scientifics (Manhattan Scientifics) Business Description
Manhattan Scientifics Inc is a company operating as a technology incubator that seeks to acquire, develop and commercialize life-enhancing technologies in the areas of nano-technologies and nano-medicines. The company continues to identify emerging technologies through strategic alliances with scientific laboratories, educational institutions, and scientists and leaders in industry and government. The company is focused on technology transfer and commercialization of transformative technologies.
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