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Justera Health (Justera Health) Total Assets : $1.25 Mil (As of Dec. 2023)


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What is Justera Health Total Assets?

Justera Health's Total Assets for the quarter that ended in Dec. 2023 was $1.25 Mil.

During the past 12 months, Justera Health's average Total Assets Growth Rate was -65.10% per year.

Total Assets is connected with ROA %. Justera Health's annualized ROA % for the quarter that ended in Dec. 2023 was -12.34%. Total Assets is also linked to Revenue through Asset Turnover. Justera Health's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Justera Health Total Assets Historical Data

The historical data trend for Justera Health'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.

Justera Health Total Assets Chart

Justera Health Annual Data
Trend Dec19 Dec20 Dec22 Dec23
Total Assets
- - 3.65 1.25

Justera Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.65 3.45 3.42 3.55 1.25

Justera Health 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.

Justera Health'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 )
=-0.335+1.581
=1.25

Justera Health'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 )
=-0.335+1.581
=1.25

* 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.

Justera Health  (OTCPK:SCRSF) Total Assets Explanation

Total Assets is connected with ROA %.

Justera Health'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 )
=-0.296/( (3.553+1.246)/ 2 )
=-0.296/2.3995
=-12.34 %

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.

Justera Health'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 )
=0.347/( (3.553+1.246)/ 2 )
=0.347/2.3995
=0.14

* 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.

Justera Health Total Assets Related Terms

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Justera Health (Justera Health) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Justera Health Ltd (OTCPK:SCRSF) » Definitions » Total Assets
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Traded in Other Exchanges
VTAL:Canada
Address
2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4
Website
https://www.justerahealth.com
Justera Health Ltd is a Health and Wellness management company. It provides professional health and medical solutions to Canadians with a focus on concierge medical services. It provides Screen Pro Security, Naturevan, and concierge medical services, It also offers personalized health care services such as IV vitamin therapy, personal home care, nurse care, on-call urgent medical care, nutrition, and health screening services, such as COVID-19 test ingesting.