PRE (Prenetics Global) Total Assets : $235.77 Mil (As of Sep. 2024)

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What is Prenetics Global Total Assets?

Prenetics Global's Total Assets for the quarter that ended in Sep. 2024 was $235.77 Mil.

During the past 12 months, Prenetics Global's average Total Assets Growth Rate was 0.70% per year. During the past 3 years, the average Total Assets Growth Rate was 41.20% per year.

During the past 5 years, Prenetics Global's highest 3-Year average Total Assets Growth Rate was 41.20%. The lowest was 41.20%. And the median was 41.20%.

Total Assets is connected with ROA %. Prenetics Global's annualized ROA % for the quarter that ended in Sep. 2024 was -18.20%. Total Assets is also linked to Revenue through Asset Turnover. Prenetics Global's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.

Prenetics Global Total Assets Historical Data

The historical data trend for Prenetics Global'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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Prenetics Global Total Assets Chart

Prenetics Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

78.88

148.51

312.13

254.17

Prenetics Global Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial												276.42	254.17	243.59	233.31	235.77

Prenetics Global 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.

Prenetics Global'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 )
	=	210.157	+	44.013
	=	254.17

Prenetics Global'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 )
	=	180.096	+	55.67
	=	235.77

Prenetics Global (NAS:PRE) Total Assets Explanation

Total Assets is connected with ROA %.

Prenetics Global'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 )
	=	-42.688	/	( (233.307	+	235.766)	/ 2 )
	=	-42.688	/	234.5365
	=	-18.20 %

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.

Prenetics Global'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 )
=	7.778	/	( (233.307	+	235.766)	/ 2 )
=	7.778	/	234.5365
=	0.03

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.

Prenetics Global Total Assets Related Terms

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Prenetics Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Prenetics Global Ltd (NAS:PRE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 703-706, K11 Atelier King’s Road, 728 King’s Road, Quarry Bay, Hong Kong, HKG

Website

https://www.prenetics.com

Prenetics Global Ltd is a health sciences company dedicated to consumer and clinical health. Its consumer initiative is led by IM8, a new health and wellness brand, and Europa, a U.S. sports distribution company. The clinical division is led by Insighta, focused on multi-cancer early detection technologies. This is followed by ACT Genomics, which has achieved FDA clearance for genomic profiling of solid tumors, and CircleDNA, which uses NGS to offer DNA tests. Each Prenetics unit impacts health by 'enhancing life through science'.