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Nanalysis Scientific (TSXV:NSCI) Total Assets : C$53.98 Mil (As of Mar. 2024)


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What is Nanalysis Scientific Total Assets?

Nanalysis Scientific's Total Assets for the quarter that ended in Mar. 2024 was C$53.98 Mil.

Warning Sign:

If a company builds assets at 48.1% a year, faster than its revenue growth rate of 18.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Nanalysis Scientific's average Total Assets Growth Rate was -20.70% per year. During the past 3 years, the average Total Assets Growth Rate was 36.60% per year. During the past 5 years, the average Total Assets Growth Rate was 48.10% per year.

During the past 6 years, Nanalysis Scientific's highest 3-Year average Total Assets Growth Rate was 78.40%. The lowest was 36.60%. And the median was 39.10%.

Total Assets is connected with ROA %. Nanalysis Scientific's annualized ROA % for the quarter that ended in Mar. 2024 was -18.72%. Total Assets is also linked to Revenue through Asset Turnover. Nanalysis Scientific's Asset Turnover for the quarter that ended in Mar. 2024 was 0.21.


Nanalysis Scientific Total Assets Historical Data

The historical data trend for Nanalysis Scientific'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.

* Premium members only.

Nanalysis Scientific Total Assets Chart

Nanalysis Scientific Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 18.31 23.99 37.79 69.90 53.82

Nanalysis Scientific 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 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 Premium Member Only 67.71 72.45 52.58 53.82 53.98

Nanalysis Scientific 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.

Nanalysis Scientific'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 )
=23.481+30.343
=53.82

Nanalysis Scientific'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 )
=25.773+28.206
=53.98

* 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.


Nanalysis Scientific  (TSXV:NSCI) Total Assets Explanation

Total Assets is connected with ROA %.

Nanalysis Scientific'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 )
=-10.088/( (53.824+53.979)/ 2 )
=-10.088/53.9015
=-18.72 %

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.

Nanalysis Scientific'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 )
=11.162/( (53.824+53.979)/ 2 )
=11.162/53.9015
=0.21

* 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.

Nanalysis Scientific Total Assets Related Terms

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Nanalysis Scientific (TSXV:NSCI) Business Description

Traded in Other Exchanges
Address
Bay 1, 4600 5th Street NE, Calgary, AB, CAN, T2E 7C3
Nanalysis Scientific Corp designs, manufactures and sells a range of nuclear magnetic resonance (NMR) technologies that go into a range of NMR spectrometers and magnetic resonance imaging (MRI) equipment. The company's original product, the a 60 MHz MR spectrometer, was the first full-featured benchtop NMR spectrometer available on the market. Its operating segments are Nanalysis, RS2D, K'Prime and Corporate. Nanalysis is a patent-protected technology company that develops, manufactures, and sells compact magnetic resonance spectrometers (MR spectrometer) for the pharmaceutical, biotech, chemical, security, food, materials, and education industries. Geographic segments of the group are the U.S., Europe, Canada, Asia and Other regions.
Executives
Michal Okoniewski Director

Nanalysis Scientific (TSXV:NSCI) Headlines

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