Viemed Healthcare (TSX:VMD) Total Assets : C$209.6 Mil (As of Mar. 2024)

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What is Viemed Healthcare Total Assets?

Viemed Healthcare's Total Assets for the quarter that ended in Mar. 2024 was C$209.6 Mil.

During the past 12 months, Viemed Healthcare's average Total Assets Growth Rate was 46.00% per year. During the past 3 years, the average Total Assets Growth Rate was 20.30% per year. During the past 5 years, the average Total Assets Growth Rate was 22.70% per year.

During the past 8 years, Viemed Healthcare's highest 3-Year average Total Assets Growth Rate was 50.40%. The lowest was 13.10%. And the median was 27.50%.

Total Assets is connected with ROA %. Viemed Healthcare's annualized ROA % for the quarter that ended in Mar. 2024 was 4.16%. Total Assets is also linked to Revenue through Asset Turnover. Viemed Healthcare's Asset Turnover for the quarter that ended in Mar. 2024 was 0.33.

Viemed Healthcare Total Assets Historical Data

The historical data trend for Viemed Healthcare'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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Viemed Healthcare Total Assets Chart

Viemed Healthcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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108.77

144.18

150.99

159.00

207.81

Viemed Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															170.54	198.12	202.15	207.81	209.64

Viemed Healthcare 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.

Viemed Healthcare'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 )
	=	152.802	+	55.006
	=	207.8

Viemed Healthcare's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	157.387	+	52.252
	=	209.6

Viemed Healthcare (TSX:VMD) Total Assets Explanation

Total Assets is connected with ROA %.

Viemed Healthcare's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	8.68	/	( (207.807	+	209.639)	/ 2 )
	=	8.68	/	208.723
	=	4.16 %

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

Viemed Healthcare's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	68.483	/	( (207.807	+	209.639)	/ 2 )
=	68.483	/	208.723
=	0.33

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.

Viemed Healthcare Total Assets Related Terms

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Viemed Healthcare (TSX:VMD) Business Description

Industry

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

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VMD:USA VIJ:Germany

Address

625 E. Kaliste Saloom Road, Lafayette, LA, USA, 70508

Website

https://www.viemed.com

Viemed Healthcare Inc is a provider of equipment and home therapy to patients with respiratory disease, oxygen problems, sleep apnea and PAP treatment. The company also provides services such as respiratory disease management, neuromuscular care, in-home sleep testing and sleep apnea treatment, oxygen therapy, respiratory equipment rentals, and healthcare staffing services.