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Awakn Life Sciences (XCNQ:AWKN) Total Assets : C$0.90 Mil (As of Jul. 2024)


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What is Awakn Life Sciences Total Assets?

Awakn Life Sciences's Total Assets for the quarter that ended in Jul. 2024 was C$0.90 Mil.

During the past 12 months, Awakn Life Sciences's average Total Assets Growth Rate was -60.30% per year. During the past 3 years, the average Total Assets Growth Rate was -33.30% per year.

During the past 4 years, Awakn Life Sciences's highest 3-Year average Total Assets Growth Rate was -33.30%. The lowest was -33.30%. And the median was -33.30%.

Total Assets is connected with ROA %. Awakn Life Sciences's annualized ROA % for the quarter that ended in Jul. 2024 was -258.78%. Total Assets is also linked to Revenue through Asset Turnover. Awakn Life Sciences's Asset Turnover for the quarter that ended in Jul. 2024 was 0.02.


Awakn Life Sciences Total Assets Historical Data

The historical data trend for Awakn Life Sciences'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.

Awakn Life Sciences Total Assets Chart

Awakn Life Sciences Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Total Assets
0.83 6.88 4.39 0.54

Awakn Life Sciences Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.90 1.09 0.54 0.22 0.90

Awakn Life Sciences 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.

Awakn Life Sciences's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=-1.53+2.074
=0.54

Awakn Life Sciences's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=-1.563+2.461
=0.90

* 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.


Awakn Life Sciences  (XCNQ:AWKN) Total Assets Explanation

Total Assets is connected with ROA %.

Awakn Life Sciences's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-1.444/( (0.218+0.898)/ 2 )
=-1.444/0.558
=-258.78 %

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

Awakn Life Sciences's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=0.011/( (0.218+0.898)/ 2 )
=0.011/0.558
=0.02

* 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.

Awakn Life Sciences Total Assets Related Terms

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Awakn Life Sciences Business Description

Traded in Other Exchanges
Address
301?217 Queen Street West, Toronto, ON, CAN, M5V 0R2
Awakn Life Sciences Corp is a clinical-stage biotechnology company intended to develop therapeutics to treat addiction with a near-term focus on Alcohol Use Disorder. The Company focuses on Alcohol Use Disorder (AUD), a condition affecting people in the US and key international markets and many people globally for which the current standard of care is inadequate, enabling it to provide breakthrough therapeutics to addiction sufferers in desperate need.

Awakn Life Sciences Headlines

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