SLHPF.PFD (Skylight Health Group) Total Assets: $56.41 Mil (As of Jun. 2022)

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SLHPF.PFD Skylight Health Group Inc SLHPF.PFD
12 GF Score
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What is Skylight Health Group Total Assets?

Skylight Health Group SLHPF.PFD 12 Total Assets is $56.41 Mil as of Jun. 2022. GuruFocus rates SLHPF.PFD with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

Skylight Health Group's Total Assets for the quarter that ended in Jun. 2022 was $56.41 Mil.

During the past 12 months, Skylight Health Group's average Total Assets Growth Rate was 37.70% per year. During the past 3 years, the average Total Assets Growth Rate was 886.70% per year.

During the past 4 years, Skylight Health Group's highest 3-Year average Total Assets Growth Rate was 886.70%. The lowest was 886.70%. And the median was 886.70%.

Total Assets is connected with ROA %. Skylight Health Group's annualized ROA % for the quarter that ended in Jun. 2022 was -32.96%. Total Assets is also linked to Revenue through Asset Turnover. Skylight Health Group's Asset Turnover for the quarter that ended in Jun. 2022 was 0.25.

Skylight Health Group  (OTCPK:SLHPF.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Skylight Health Group's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=-16.528/( (43.885+56.407)/ 2 )
=-16.528/50.146
=-32.96 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) 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.

Skylight Health Group's Asset Turnover for the quarter that ended in Jun. 2022 is

Asset Turnover
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=12.556/( (43.885+56.407)/ 2 )
=12.556/50.146
=0.25

* 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.

Skylight Health Group Total Assets Related Terms

Skylight Health Group Total Assets Historical Data

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The historical data trend for Skylight 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.

Skylight Health Group Total Assets Chart

Skylight Health Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Total Assets
0.06 7.20 24.57 51.13

Skylight Health Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 51.25 49.42 51.13 43.89 56.41
SLHPF.PFD
12GF Score
Skylight Health Group Inc SLHPF.PFD
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Skylight 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.

Skylight Health Group's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=30.162+20.969
=51.13

Skylight Health Group's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (Q: Jun. 2022 )+Total Liabilities (Q: Jun. 2022 )
=21.111+35.296
=56.41

* 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 $56.41 Mil mean?
Skylight Health Group (SLHPF.PFD) has a Total Assets of $56.41 Mil as of Jun. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Skylight Health Group and its competitors.
Is Skylight Health Group's Total Assets too high?
Skylight Health Group's current Total Assets is $56.41 Mil. Overall, Skylight Health Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Skylight Health Group's Total Assets compare to HCA?
Skylight Health Group's Total Assets of $56.41 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 Skylight Health Group and its competitors. Skylight Health Group's current Total Assets is $56.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylight Health Group stock overvalued right now?
Skylight Health Group (SLHPF.PFD) has a current Total Assets of $56.41 Mil. The current Total Assets is $56.41 Mil. Skylight Health Group's overall GF Score™ is 12/100 with 4 warning signs to review. 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 Skylight Health Group (SLHPF.PFD), the current Total Assets is $56.41 Mil as of Jun. 2022. 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.

Skylight Health Group Business Description

Address 5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1
Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.
12GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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