NeuPath Health (TSXV:NPTH) Total Assets : C$41.63 Mil (As of Mar. 2024)

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What is NeuPath Health Total Assets?

NeuPath Health's Total Assets for the quarter that ended in Mar. 2024 was C$41.63 Mil.

During the past 12 months, NeuPath Health's average Total Assets Growth Rate was -9.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3.10% per year.

During the past 5 years, NeuPath Health's highest 3-Year average Total Assets Growth Rate was 5.50%. The lowest was 3.10%. And the median was 4.30%.

Total Assets is connected with ROA %. NeuPath Health's annualized ROA % for the quarter that ended in Mar. 2024 was -3.63%. Total Assets is also linked to Revenue through Asset Turnover. NeuPath Health's Asset Turnover for the quarter that ended in Mar. 2024 was 0.42.

NeuPath Health Total Assets Historical Data

The historical data trend for NeuPath Health'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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NeuPath Health Total Assets Chart

NeuPath Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

37.99

46.12

51.34

45.09

41.78

NeuPath Health 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															43.80	43.56	41.89	41.78	41.63

NeuPath Health 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.

NeuPath Health'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 )
	=	21.839	+	19.942
	=	41.78

NeuPath Health'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 )
	=	21.529	+	20.103
	=	41.63

NeuPath Health (TSXV:NPTH) Total Assets Explanation

Total Assets is connected with ROA %.

NeuPath Health'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 )
	=	-1.512	/	( (41.781	+	41.632)	/ 2 )
	=	-1.512	/	41.7065
	=	-3.63 %

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.

NeuPath Health'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 )
=	17.486	/	( (41.781	+	41.632)	/ 2 )
=	17.486	/	41.7065
=	0.42

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.

NeuPath Health Total Assets Related Terms

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NeuPath Health (TSXV:NPTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NeuPath Health Inc (TSXV:NPTH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

181 Bay Street, Suite 2100, Toronto, ON, CAN, M5J 2T3

Website

https://www.neupath.com

NeuPath Health Inc operates an end-to-end, integrated network of healthcare businesses. It utilizes research, data-driven insights, technology, and interdisciplinary care to help restore function for patients impacted by acute and chronic musculoskeletal conditions, including chronic pain, spinal injuries, sports-related injuries, and concussions. It operates an interdisciplinary network of medical clinics in Ontario and Alberta, in addition to an independent medical assessment business with a national network of healthcare providers. Its medical clinics provide comprehensive assessments and rehabilitation services to clients with chronic pain, musculoskeletal/back injuries, sports-related injuries, and concussions.

Executives

Grant Connelly	Senior Officer
Stephen Lemieux	Senior Officer

NeuPath Health (TSXV:NPTH) Headlines

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