Opsens (TSX:OPS) Total Assets : C$50.83 Mil (As of Aug. 2023)

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What is Opsens Total Assets?

Opsens's Total Assets for the quarter that ended in Aug. 2023 was C$50.83 Mil.

Warning Sign:

If a company builds assets at 19.1% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Opsens's average Total Assets Growth Rate was 32.50% per year. During the past 3 years, the average Total Assets Growth Rate was 15.90% per year. During the past 5 years, the average Total Assets Growth Rate was 19.10% per year. During the past 10 years, the average Total Assets Growth Rate was 18.30% per year.

During the past 13 years, Opsens's highest 3-Year average Total Assets Growth Rate was 73.10%. The lowest was 2.50%. And the median was 15.90%.

Total Assets is connected with ROA %. Opsens's annualized ROA % for the quarter that ended in Aug. 2023 was -12.43%. Total Assets is also linked to Revenue through Asset Turnover. Opsens's Asset Turnover for the quarter that ended in Aug. 2023 was 0.27.

Opsens Total Assets Historical Data

The historical data trend for Opsens'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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Opsens Total Assets Chart

Opsens Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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30.09

31.91

58.51

48.51

50.83

Opsens Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Total Assets	Get a 7-Day Free Trial															48.51	48.40	55.07	54.17	50.83

Opsens 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.

Opsens's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	33.832	+	16.999
	=	50.83

Opsens's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2023 )	+	Total Liabilities (Q: Aug. 2023 )
	=	33.832	+	16.999
	=	50.83

Opsens (TSX:OPS) Total Assets Explanation

Total Assets is connected with ROA %.

Opsens's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %	=	Net Income (Q: Aug. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
	=	-6.524	/	( (54.169	+	50.832)	/ 2 )
	=	-6.524	/	52.5005
	=	-12.43 %

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

Opsens's Asset Turnover for the quarter that ended in Aug. 2023 is

	Asset Turnover
=	Revenue (Q: Aug. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
=	14.19	/	( (54.169	+	50.832)	/ 2 )
=	14.19	/	52.5005
=	0.27

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.

Opsens Total Assets Related Terms

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Opsens (TSX:OPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Opsens Inc (TSX:OPS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

750, Boulevard du Parc-Technologique, Quebec, QC, CAN, G1P 4S3

Website

https://www.opsens.com

OpSens Inc. is engaged in physiological measurements such as Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR) in the coronary artery disease market and in transcatheter aortic valve replacement (TAVR) in the structural heart market. It operates in two segments that are Medical and Industrial. In Medical segment it supplies an optical-based pressure guidewire (OptoWire), a guidewire used in the TAVR procedure (SavvyWire) and a wide range of miniature optical sensors to measure pressure and temperature to be used in a wide range of applications that can be integrated into other medical devices. Industrial segment includes developing, manufacturing and installing fibre optic sensing solutions for industrial applications. Majority of its revenue is derived from Medical segment.

Executives

Alan Milinazzo	Director
Robin Villeneuve	Senior Officer
Fiera Capital Corporation (formerly Fiera Sceptre Inc.)	10% Security Holder

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