OHCS (Optimus Healthcare Svcs) Total Assets: $0.63 Mil (As of Sep. 2024)


What is Optimus Healthcare Svcs Total Assets?

Optimus Healthcare Svcs OHCS Total Assets is $0.63 Mil as of Sep. 2024.

Optimus Healthcare Svcs's Total Assets for the quarter that ended in Sep. 2024 was $0.63 Mil.

Total Assets is connected with ROA %. Optimus Healthcare Svcs's annualized ROA % for the quarter that ended in Sep. 2024 was -967.72%. Total Assets is also linked to Revenue through Asset Turnover. Optimus Healthcare Svcs's Asset Turnover for the quarter that ended in Sep. 2024 was 0.52.

Optimus Healthcare Svcs  (OTCPK:OHCS) Total Assets Explanation

Total Assets is connected with ROA %.

Optimus Healthcare Svcs's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-7.224/( (0.863+0.63)/ 2 )
=-7.224/0.7465
=-967.72 %

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

Optimus Healthcare Svcs's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.385/( (0.863+0.63)/ 2 )
=0.385/0.7465
=0.52

* 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.

Optimus Healthcare Svcs Total Assets Related Terms

Optimus Healthcare Svcs Total Assets Historical Data

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The historical data trend for Optimus Healthcare Svcs'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.

Optimus Healthcare Svcs Total Assets Chart

Optimus Healthcare Svcs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec08 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 20.37 4.91 7.85 2.94 1.07

Optimus Healthcare Svcs Quarterly Data
Sep03 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.35 1.07 0.82 0.86 0.63

Optimus Healthcare Svcs 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.

Optimus Healthcare Svcs'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 )
=-7.141+8.211
=1.07

Optimus Healthcare Svcs'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 )
=-9.344+9.973
=0.63

* 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 $0.63 Mil mean?
Optimus Healthcare Svcs (OHCS) has a Total Assets of $0.63 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Optimus Healthcare Svcs and its competitors.
Is Optimus Healthcare Svcs' Total Assets too high?
Optimus Healthcare Svcs' current Total Assets is $0.63 Mil.
How does Optimus Healthcare Svcs' Total Assets compare to FOXO and OTRKQ?
Optimus Healthcare Svcs' Total Assets of $0.63 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 Optimus Healthcare Svcs and its competitors. Optimus Healthcare Svcs's current Total Assets is $0.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimus Healthcare Svcs stock overvalued right now?
Optimus Healthcare Svcs (OHCS) has a current Total Assets of $0.63 Mil. The current Total Assets is $0.63 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 Optimus Healthcare Svcs (OHCS), the current Total Assets is $0.63 Mil as of Sep. 2024. 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.

Optimus Healthcare Svcs Business Description

Address 1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.