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Acurity Health Group (NZSE:ACY) Total Assets : NZ$177.58 Mil (As of Mar. 2014)


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What is Acurity Health Group Total Assets?

Acurity Health Group's Total Assets for the quarter that ended in Mar. 2014 was NZ$177.58 Mil.

During the past 12 months, Acurity Health Group's average Total Assets Growth Rate was 5.40% per year. During the past 3 years, the average Total Assets Growth Rate was 13.00% per year. During the past 5 years, the average Total Assets Growth Rate was 11.40% per year. During the past 10 years, the average Total Assets Growth Rate was 11.80% per year.

During the past 13 years, Acurity Health Group's highest 3-Year average Total Assets Growth Rate was 52.80%. The lowest was 4.20%. And the median was 14.20%.

Total Assets is connected with ROA %. Acurity Health Group's annualized ROA % for the quarter that ended in Mar. 2014 was 5.71%. Total Assets is also linked to Revenue through Asset Turnover. Acurity Health Group's Asset Turnover for the quarter that ended in Mar. 2014 was 0.28.


Acurity Health Group Total Assets Historical Data

The historical data trend for Acurity Health Group'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.

* Premium members only.

Acurity Health Group Total Assets Chart

Acurity Health Group Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.95 123.53 173.04 169.47 177.58

Acurity Health Group Semi-Annual Data
Mar02 Mar03 Sep03 Mar04 Sep04 Mar05 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
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 173.04 167.36 169.47 174.15 177.58

Acurity Health Group 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.

Acurity Health Group's Total Assets for the fiscal year that ended in Mar. 2014 is calculated as

Total Assets=Total Equity (A: Mar. 2014 )+Total Liabilities (A: Mar. 2014 )
=122.065+55.514
=177.58

Acurity Health Group's Total Assets for the quarter that ended in Mar. 2014 is calculated as

Total Assets=Total Equity (Q: Mar. 2014 )+Total Liabilities (Q: Mar. 2014 )
=122.065+55.514
=177.58

* 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.


Acurity Health Group  (NZSE:ACY) Total Assets Explanation

Total Assets is connected with ROA %.

Acurity Health Group's annualized ROA % for the quarter that ended in Mar. 2014 is

ROA %=Net Income (Q: Mar. 2014 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=10.036/( (174.151+177.579)/ 2 )
=10.036/175.865
=5.71 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2014) 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.

Acurity Health Group's Asset Turnover for the quarter that ended in Mar. 2014 is

Asset Turnover
=Revenue (Q: Mar. 2014 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=48.543/( (174.151+177.579)/ 2 )
=48.543/175.865
=0.28

* 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.

Acurity Health Group Total Assets Related Terms

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Acurity Health Group (NZSE:ACY) Business Description

Traded in Other Exchanges
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Address
Acurity Health Group Ltd provides private surgical healthcare services. It owns and operates approximately three private surgical hospitals. Its surgical services include cosmetic surgery, hip and knee replacement, and hernia surgery, among others.

Acurity Health Group (NZSE:ACY) Headlines

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