NMXS (Net Medical Xpress Solutions) Total Assets: $0.82 Mil (As of Jun. 2018)

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What is Net Medical Xpress Solutions Total Assets?

Net Medical Xpress Solutions NMXS +0.14% Total Assets is $0.82 Mil as of Jun. 2018.

Net Medical Xpress Solutions's Total Assets for the quarter that ended in Jun. 2018 was $0.82 Mil.

Total Assets is connected with ROA %. Net Medical Xpress Solutions's annualized ROA % for the quarter that ended in Jun. 2018 was 5.69%. Total Assets is also linked to Revenue through Asset Turnover. Net Medical Xpress Solutions's Asset Turnover for the quarter that ended in Jun. 2018 was 0.71.

Net Medical Xpress Solutions  (OTCPK:NMXS) Total Assets Explanation

Total Assets is connected with ROA %.

Net Medical Xpress Solutions's annualized ROA % for the quarter that ended in Jun. 2018 is

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=0.044/( (0.73+0.816)/ 2 )
=0.044/0.773
=5.69 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) 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.

Net Medical Xpress Solutions's Asset Turnover for the quarter that ended in Jun. 2018 is

Asset Turnover
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=0.546/( (0.73+0.816)/ 2 )
=0.546/0.773
=0.71

* 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.

Net Medical Xpress Solutions Total Assets Related Terms

Net Medical Xpress Solutions Total Assets Historical Data

* Premium members only.

The historical data trend for Net Medical Xpress Solutions'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.

Net Medical Xpress Solutions Total Assets Chart

Net Medical Xpress Solutions Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.40 1.24 1.20 0.82

Net Medical Xpress Solutions Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Jun18
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.82 0.74 0.73 0.82

Net Medical Xpress Solutions 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.

Net Medical Xpress Solutions's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=0.353+0.467
=0.82

Net Medical Xpress Solutions's Total Assets for the quarter that ended in Jun. 2018 is calculated as

Total Assets=Total Equity (Q: Jun. 2018 )+Total Liabilities (Q: Jun. 2018 )
=0.409+0.407
=0.82

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.82 Mil mean?
Net Medical Xpress Solutions (NMXS) has a Total Assets of $0.82 Mil as of Jun. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Net Medical Xpress Solutions and its competitors.
Is Net Medical Xpress Solutions' Total Assets too high?
Net Medical Xpress Solutions' current Total Assets is $0.82 Mil.
How does Net Medical Xpress Solutions' Total Assets compare to TVMD and UCBB?
Net Medical Xpress Solutions' Total Assets of $0.82 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Healthcare Providers & Services company?
A good Total Assets depends on the Healthcare Providers & Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Net Medical Xpress Solutions and its competitors. Net Medical Xpress Solutions's current Total Assets is $0.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Medical Xpress Solutions stock overvalued right now?
Net Medical Xpress Solutions (NMXS) has a current Total Assets of $0.82 Mil. The current Total Assets is $0.82 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Net Medical Xpress Solutions (NMXS), the current Total Assets is $0.82 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Net Medical Xpress Solutions Business Description

Address 8206 Louisiana Boulevard NE, Suite A, Albuquerque, NM, USA, 87113
Net Medical Xpress Solutions Inc is engaged in providing solutions to the telemedicine industry which deliver medical laboratory services. It offers proprietary software that links electronic medical records while enabling state-of-the-art conferencing and communications. The company's mobile fleet of vans is utilized to provide sales support for its clinical research organization. It also offers call centers, proprietary hardware implementations, diagnostic and clinical services, and software research and development capabilities.