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Wesana Health Holdings (XCNQ:WESA.X) Total Assets : C$0.70 Mil (As of Jun. 2024)


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What is Wesana Health Holdings Total Assets?

Wesana Health Holdings's Total Assets for the quarter that ended in Jun. 2024 was C$0.70 Mil.

During the past 3 years, the average Total Assets Growth Rate was 345.10% per year.

During the past 4 years, Wesana Health Holdings's highest 3-Year average Total Assets Growth Rate was 345.10%. The lowest was 345.10%. And the median was 345.10%.

Total Assets is connected with ROA %. Wesana Health Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -126.74%. Total Assets is also linked to Revenue through Asset Turnover. Wesana Health Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.


Wesana Health Holdings Total Assets Historical Data

The historical data trend for Wesana Health 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.

* Premium members only.

Wesana Health Holdings Total Assets Chart

Wesana Health Holdings Annual Data
Trend Apr20 Apr21 Dec22 Dec23
Total Assets
0.41 0.26 2.63 1.33

Wesana Health Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 2.24 1.33 1.00 0.70

Wesana Health 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.

Wesana Health 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 )
=-0.366+1.698
=1.33

Wesana Health Holdings's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=-0.778+1.473
=0.70

* 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.


Wesana Health Holdings  (XCNQ:WESA.X) Total Assets Explanation

Total Assets is connected with ROA %.

Wesana Health Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-1.076/( (1.003+0.695)/ 2 )
=-1.076/0.849
=-126.74 %

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

Wesana Health Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (1.003+0.695)/ 2 )
=0/0.849
=0.00

* 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.

Wesana Health Holdings Total Assets Related Terms

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Wesana Health Holdings Business Description

Traded in Other Exchanges
Address
745 Thurlow Street, Suite 2400, Vancouver, BC, CAN, V6E 0C5
Wesana Health Holdings Inc is an emerging life sciences company championing the development and delivery of psychedelic and naturally-sourced therapies to treat traumatic brain injury. The Company is developing evidence-based formulations and protocols that empower patients to overcome neurological, psychological, and mental health ailments caused by trauma with the help of extensive clinical research and academic partnerships.

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