NuGen Medical Devices (TSXV:NGMD) Total Assets : C$6.95 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is NuGen Medical Devices Total Assets?

NuGen Medical Devices's Total Assets for the quarter that ended in Dec. 2023 was C$6.95 Mil.

During the past 12 months, NuGen Medical Devices's average Total Assets Growth Rate was -3.50% per year. During the past 3 years, the average Total Assets Growth Rate was -23.20% per year.

During the past 4 years, NuGen Medical Devices's highest 3-Year average Total Assets Growth Rate was -23.20%. The lowest was -23.20%. And the median was -23.20%.

Total Assets is connected with ROA %. NuGen Medical Devices's annualized ROA % for the quarter that ended in Dec. 2023 was -133.11%. Total Assets is also linked to Revenue through Asset Turnover. NuGen Medical Devices's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

NuGen Medical Devices Total Assets Historical Data

The historical data trend for NuGen Medical Devices'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.

NuGen Medical Devices Total Assets Chart

NuGen Medical Devices Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

14.56

8.85

6.85

6.95

NuGen Medical Devices Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial								6.46	6.85	7.90	8.52	6.95

NuGen Medical Devices 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.

NuGen Medical Devices'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 )
	=	-2.06	+	9.006
	=	6.95

NuGen Medical Devices'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 )
	=	-2.06	+	9.006
	=	6.95

NuGen Medical Devices (TSXV:NGMD) Total Assets Explanation

Total Assets is connected with ROA %.

NuGen Medical Devices'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 )
	=	-10.296	/	( (8.524	+	6.946)	/ 2 )
	=	-10.296	/	7.735
	=	-133.11 %

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.

NuGen Medical Devices'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 )
=	0.169	/	( (8.524	+	6.946)	/ 2 )
=	0.169	/	7.735
=	0.02

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.

NuGen Medical Devices Total Assets Related Terms

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

NuGen Medical Devices (TSXV:NGMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » NuGen Medical Devices Inc (TSXV:NGMD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NGMDF:USA 79O:Germany

Address

18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4

Website

https://www.nugenmd.com

NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needless injector devices. Geographically the company generates revenue from Asia, Europe and others.

Executives

Richard Buzbuzian

Director, Senior Officer

NuGen Medical Devices (TSXV:NGMD) Headlines

No Headlines