Healthway Medical (SGX:5NG) Total Assets : S$266.9 Mil (As of Jun. 2023)

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What is Healthway Medical Total Assets?

Healthway Medical's Total Assets for the quarter that ended in Jun. 2023 was S$266.9 Mil.

During the past 12 months, Healthway Medical's average Total Assets Growth Rate was 14.90% per year. During the past 3 years, the average Total Assets Growth Rate was 4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was -0.70% per year.

During the past 13 years, Healthway Medical's highest 3-Year average Total Assets Growth Rate was 31.50%. The lowest was -9.90%. And the median was 0.60%.

Total Assets is connected with ROA %. Healthway Medical's annualized ROA % for the quarter that ended in Jun. 2023 was 2.83%. Total Assets is also linked to Revenue through Asset Turnover. Healthway Medical's Asset Turnover for the quarter that ended in Jun. 2023 was 0.31.

Healthway Medical Total Assets Historical Data

The historical data trend for Healthway Medical'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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Healthway Medical Total Assets Chart

Healthway Medical Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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204.30

220.94

219.47

236.73

261.32

Healthway Medical Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															225.80	236.73	245.66	261.32	266.91

Healthway Medical 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.

Healthway Medical's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	201.315	+	60
	=	261.3

Healthway Medical's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	205.185	+	61.726
	=	266.9

Healthway Medical (SGX:5NG) Total Assets Explanation

Total Assets is connected with ROA %.

Healthway Medical's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	7.484	/	( (261.315	+	266.911)	/ 2 )
	=	7.484	/	264.113
	=	2.83 %

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

Healthway Medical's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	80.943	/	( (261.315	+	266.911)	/ 2 )
=	80.943	/	264.113
=	0.31

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.

Healthway Medical Total Assets Related Terms

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Healthway Medical (SGX:5NG) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Healthway Medical Corp Ltd (SGX:5NG) » Definitions » Total Assets

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Address

6 Shenton Way, No. 10-09 OUE Downtown 2, Singapore, SGP, 068809

Website

https://www.healthwaymedical.com

Healthway Medical Corp Ltd is an investment holding company, that provides healthcare management services primarily in Singapore and China. The company operates in two segments: Primary Healthcare and Specialist Healthcare. The Primary Healthcare segment offers services in family medicine, dentistry, and healthcare benefit management areas, as well as invests in the strategic medical-related business. The Specialist Healthcare serves the areas of pediatrics, orthopedics, aesthetic medicine, obstetrics, and gynecology. Its operations are mainly in Singapore.

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