ASEP Medical Holdings (XCNQ:ASEP) Total Assets : C$25.61 Mil (As of Dec. 2023)

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What is ASEP Medical Holdings Total Assets?

ASEP Medical Holdings's Total Assets for the quarter that ended in Dec. 2023 was C$25.61 Mil.

During the past 12 months, ASEP Medical Holdings's average Total Assets Growth Rate was 2.40% per year.

Total Assets is connected with ROA %. ASEP Medical Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -32.66%. Total Assets is also linked to Revenue through Asset Turnover. ASEP Medical Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

ASEP Medical Holdings Total Assets Historical Data

The historical data trend for ASEP Medical Holdings'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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ASEP Medical Holdings Total Assets Chart

ASEP Medical Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

30.72

27.08

25.61

ASEP Medical Holdings Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial							27.08	25.73	24.39	23.82	25.61

ASEP Medical Holdings 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.

ASEP Medical Holdings'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 )
	=	22.561	+	3.052
	=	25.61

ASEP Medical Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	22.561	+	3.052
	=	25.61

ASEP Medical Holdings (XCNQ:ASEP) Total Assets Explanation

Total Assets is connected with ROA %.

ASEP Medical Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-8.072	/	( (23.823	+	25.613)	/ 2 )
	=	-8.072	/	24.718
	=	-32.66 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

ASEP Medical Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.021	/	( (23.823	+	25.613)	/ 2 )
=	0.021	/	24.718
=	0.00

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.

ASEP Medical Holdings Total Assets Related Terms

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ASEP Medical Holdings (XCNQ:ASEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ASEP Medical Holdings Inc (XCNQ:ASEP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SEPSF:USA JJ8:Germany

Address

730 View Street, Suite 420, Victoria, BC, CAN, V8W 3Y7

Website

https://www.asepmedical.com

ASEP Medical Holdings Inc is a biotechnology firm pursuing the commercialization of broad-spectrum peptide technology. The Company is dedicated to addressing the global issue of antibiotic failure by developing novel solutions for significant unmet medical needs in human medicine and is engaged in the business of acquiring research and development assets, technology, or businesses in life sciences and medical diagnostics.

Executives

Murphy Enterprises Inc.

Director

ASEP Medical Holdings (XCNQ:ASEP) Headlines

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