Hydreight Technologies (TSXV:NURS) Total Assets : C$2.80 Mil (As of Sep. 2024)

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What is Hydreight Technologies Total Assets?

Hydreight Technologies's Total Assets for the quarter that ended in Sep. 2024 was C$2.80 Mil.

During the past 12 months, Hydreight Technologies's average Total Assets Growth Rate was 243.20% per year. During the past 3 years, the average Total Assets Growth Rate was 368.00% per year.

During the past 5 years, Hydreight Technologies's highest 3-Year average Total Assets Growth Rate was 512.70%. The lowest was 368.00%. And the median was 440.35%.

Total Assets is connected with ROA %. Hydreight Technologies's annualized ROA % for the quarter that ended in Sep. 2024 was -13.15%. Total Assets is also linked to Revenue through Asset Turnover. Hydreight Technologies's Asset Turnover for the quarter that ended in Sep. 2024 was 1.65.

Hydreight Technologies Total Assets Historical Data

The historical data trend for Hydreight Technologies'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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Hydreight Technologies Total Assets Chart

Hydreight Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

0.04

0.43

2.89

2.60

Hydreight Technologies Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial										2.34	2.60	2.30	2.68	2.80

Hydreight Technologies 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.

Hydreight Technologies'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 )
	=	-1.831	+	4.435
	=	2.60

Hydreight Technologies'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 )
	=	-1.776	+	4.577
	=	2.80

Hydreight Technologies (TSXV:NURS) Total Assets Explanation

Total Assets is connected with ROA %.

Hydreight Technologies'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 )
	=	-0.36	/	( (2.676	+	2.801)	/ 2 )
	=	-0.36	/	2.7385
	=	-13.15 %

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.

Hydreight Technologies'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 )
=	4.526	/	( (2.676	+	2.801)	/ 2 )
=	4.526	/	2.7385
=	1.65

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.

Hydreight Technologies Total Assets Related Terms

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Hydreight Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hydreight Technologies Inc (TSXV:NURS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HYDTF:USA SO6:Germany

Address

1500 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.hydreight.com

Hydreight Technologies Inc is a home healthcare and wellness platform that bridges the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. It delivers services independently, on its own terms, or adds mobile services to existing location-based operations. The platform includes a built-in, easy-to-use suite of fully-integrated tools for accounting, documentation, sales, inventory, booking, managing patient data, and more, Hydreight has a 503B pharmacy license and is a U.S. certified e-script and telemedicine provider that allows it to provide services in over 50 states.

Executives

Gabi Kabazo

Director

Hydreight Technologies Headlines

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