Alliance Healthcare Group (SGX:MIJ) Total Assets : S$82.90 Mil (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Alliance Healthcare Group Total Assets?

Alliance Healthcare Group's Total Assets for the quarter that ended in Jun. 2024 was S$82.90 Mil.

Warning Sign:

If a company builds assets at 21.5% a year, faster than its revenue growth rate of 9.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Alliance Healthcare Group's average Total Assets Growth Rate was 41.60% per year. During the past 3 years, the average Total Assets Growth Rate was 25.70% per year. During the past 5 years, the average Total Assets Growth Rate was 21.50% per year.

During the past 9 years, Alliance Healthcare Group's highest 3-Year average Total Assets Growth Rate was 25.70%. The lowest was 12.50%. And the median was 17.70%.

Total Assets is connected with ROA %. Alliance Healthcare Group's annualized ROA % for the quarter that ended in Jun. 2024 was -0.89%. Total Assets is also linked to Revenue through Asset Turnover. Alliance Healthcare Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.44.

Alliance Healthcare Group Total Assets Historical Data

The historical data trend for Alliance Healthcare 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.

Alliance Healthcare Group Total Assets Chart

Alliance Healthcare Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

Get a 7-Day Free Trial

45.56

49.14

51.63

64.95

82.90

Alliance Healthcare Group Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial										51.63	56.74	64.95	73.77	82.90

Alliance Healthcare 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.

Alliance Healthcare Group's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	23.006	+	59.897
	=	82.90

Alliance Healthcare Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	23.006	+	59.897
	=	82.90

Alliance Healthcare Group (SGX:MIJ) Total Assets Explanation

Total Assets is connected with ROA %.

Alliance Healthcare Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-0.698	/	( (73.767	+	82.903)	/ 2 )
	=	-0.698	/	78.335
	=	-0.89 %

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

Alliance Healthcare Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	34.312	/	( (73.767	+	82.903)	/ 2 )
=	34.312	/	78.335
=	0.44

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.

Alliance Healthcare Group Total Assets Related Terms

Thank you for viewing the detailed overview of Alliance Healthcare Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Alliance Healthcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alliance Healthcare Group Ltd (SGX:MIJ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Bukit Batok Crescent, No.07-12 The Elitist, Singapore, SGP, 658066

Website

https://www.alliancehealthcare.com.sg

Alliance Healthcare Group Ltd is an investment holding company. The segments of the company involve General Practitioner ("GP") clinic services, Specialist care services, Pharmaceutical services, Managed healthcare solutions; and Mobile and digital health services. It generates maximum revenue from the GP clinic services segment. The GP clinic services segment is in the business of the provision of primary healthcare medical services by general practitioners. Geographically, it derives a majority of revenue from Singapore and also has a presence in Europe and the Asia Pacific Region.

Alliance Healthcare Group Headlines

No Headlines