Mach7 Technologies (ASX:M7T) Total Assets : A$73.79 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Mach7 Technologies Total Assets?

Mach7 Technologies's Total Assets for the quarter that ended in Dec. 2023 was A$73.79 Mil.

Warning Sign:

If a company builds assets at 36.8% a year, faster than its revenue growth rate of 4.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mach7 Technologies's average Total Assets Growth Rate was -7.60% per year. During the past 3 years, the average Total Assets Growth Rate was 66.60% per year. During the past 5 years, the average Total Assets Growth Rate was 36.80% per year. During the past 10 years, the average Total Assets Growth Rate was 71.90% per year.

During the past 13 years, Mach7 Technologies's highest 3-Year average Total Assets Growth Rate was 640.50%. The lowest was -68.60%. And the median was 42.90%.

Total Assets is connected with ROA %. Mach7 Technologies's annualized ROA % for the quarter that ended in Dec. 2023 was -11.88%. Total Assets is also linked to Revenue through Asset Turnover. Mach7 Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.

Mach7 Technologies Total Assets Historical Data

The historical data trend for Mach7 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.

* Premium members only.

Mach7 Technologies Total Assets Chart

Mach7 Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

17.77

61.62

76.97

78.92

82.31

Mach7 Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															78.39	78.92	75.84	82.31	73.79

Mach7 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.

Mach7 Technologies's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	59.484	+	22.822
	=	82.31

Mach7 Technologies'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 )
	=	54.421	+	19.367
	=	73.79

Mach7 Technologies (ASX:M7T) Total Assets Explanation

Total Assets is connected with ROA %.

Mach7 Technologies's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-9.27	/	( (82.306	+	73.788)	/ 2 )
	=	-9.27	/	78.047
	=	-11.88 %

Note: The Net Income data used here is two times the semi-annual (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.

Mach7 Technologies's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	13.332	/	( (82.306	+	73.788)	/ 2 )
=	13.332	/	78.047
=	0.17

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.

Mach7 Technologies Total Assets Related Terms

Thank you for viewing the detailed overview of Mach7 Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Mach7 Technologies (ASX:M7T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mach7 Technologies Ltd (ASX:M7T) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Kimball Avenue, Suite 210, South Burlington, VT, USA, 05403

Website

https://www.mach7t.com

Mach7 Technologies Ltd is engaged in enterprise imaging data sharing, storage, and interoperability for healthcare enterprises globally. The principal activity of the Company is the development and commercialisation of medical imaging and data, management software solutions for global healthcare enterprises The company's operating segment includes Software licenses and Professional services. It generates maximum revenue from the Software licenses segment. Geographically, it derives a majority of its revenue from North America and also has a presence in the Middle East; Asia/Pacific and Europe, and other regions. The company's solutions include Management Studio; Diagnostic Studio; and Clinical Studio.

Mach7 Technologies (ASX:M7T) Headlines

No Headlines