Cloud DX (TSXV:CDX.H) Total Assets: C$1.94 Mil (As of Sep. 2024)

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TSXV:CDX.H Cloud DX Inc TSXV:CDX.H
31 GF Score
Price C$0.13
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What is Cloud DX Total Assets?

Cloud DX TSXV:CDX.H 31 Total Assets is C$1.94 Mil as of Sep. 2024. GuruFocus rates TSXV:CDX.H with a GF Score™ of 31/100.

Cloud DX's Total Assets for the quarter that ended in Sep. 2024 was C$1.94 Mil.

Total Assets is connected with ROA %. Cloud DX's annualized ROA % for the quarter that ended in Sep. 2024 was -231.83%. Total Assets is also linked to Revenue through Asset Turnover. Cloud DX's Asset Turnover for the quarter that ended in Sep. 2024 was 0.23.

Cloud DX  (TSXV:CDX.H) Total Assets Explanation

Total Assets is connected with ROA %.

Cloud DX's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-4.792/( (2.196+1.938)/ 2 )
=-4.792/2.067
=-231.83 %

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

Cloud DX's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.473/( (2.196+1.938)/ 2 )
=0.473/2.067
=0.23

* 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.

Cloud DX Total Assets Related Terms

Cloud DX Total Assets Historical Data

* Premium members only.

The historical data trend for Cloud DX'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.

Cloud DX Total Assets Chart

Cloud DX Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
1.93 3.82 3.22 2.31 2.04

Cloud DX Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 2.34 2.04 1.83 2.20 1.94
TSXV:CDX.H
31GF Score
Cloud DX Inc TSXV:CDX.H
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Cloud DX 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.

Cloud DX'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 )
=-17.81+19.852
=2.04

Cloud DX's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-23.294+25.233
=1.94

* 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 C$1.94 Mil mean?
Cloud DX (TSXV:CDX.H) has a Total Assets of C$1.94 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Cloud DX and its competitors.
Is Cloud DX's Total Assets too high?
Cloud DX's current Total Assets is C$1.94 Mil. Overall, Cloud DX has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Cloud DX's Total Assets compare to GEHC and VEEV?
Cloud DX's Total Assets of C$1.94 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 Cloud DX and its competitors. Cloud DX's current Total Assets is C$1.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloud DX stock overvalued right now?
Cloud DX (TSXV:CDX.H) has a current Total Assets of C$1.94 Mil. The current Total Assets is C$1.94 Mil. Cloud DX's overall GF Score™ is 31/100. 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 Cloud DX (TSXV:CDX.H), the current Total Assets is C$1.94 Mil as of Sep. 2024. 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.

Cloud DX Business Description

Address 72 Victoria Street South, Kitchener, ON, CAN, N2G 4Y9
Cloud DX Inc provides a digital and virtual healthcare platform called Cloud DX Connected Health. It is used by private hospitals, public hospitals, and healthcare organizations across North America to provide patient remote monitoring, enable aging in place, and deliver hospital-quality post-surgical care. The platform helps to reduce the need for hospitalization and manage the costs of healthcare delivery through more efficient use of resources. Geographically, the company generates a majority of its revenue from Canada and the rest from the United States.
31GF 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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