HealthLynked (HealthLynked) Total Assets : $3.89 Mil (As of Mar. 2024)

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What is HealthLynked Total Assets?

HealthLynked's Total Assets for the quarter that ended in Mar. 2024 was $3.89 Mil.

During the past 12 months, HealthLynked's average Total Assets Growth Rate was -36.30% per year. During the past 3 years, the average Total Assets Growth Rate was -20.00% per year. During the past 5 years, the average Total Assets Growth Rate was 53.20% per year.

During the past 8 years, HealthLynked's highest 3-Year average Total Assets Growth Rate was 194.10%. The lowest was -20.00%. And the median was 108.00%.

Total Assets is connected with ROA %. HealthLynked's annualized ROA % for the quarter that ended in Mar. 2024 was -135.90%. Total Assets is also linked to Revenue through Asset Turnover. HealthLynked's Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.

HealthLynked Total Assets Historical Data

The historical data trend for HealthLynked'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.

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HealthLynked Total Assets Chart

HealthLynked Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2.55

8.03

10.70

4.58

4.28

HealthLynked Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															6.15	5.53	5.69	4.28	3.89

HealthLynked 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.

HealthLynked'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 )
	=	0.805	+	3.475
	=	4.28

HealthLynked's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	0.221	+	3.669
	=	3.89

HealthLynked (OTCPK:HLYK) Total Assets Explanation

Total Assets is connected with ROA %.

HealthLynked's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-5.552	/	( (4.28	+	3.891)	/ 2 )
	=	-5.552	/	4.0855
	=	-135.90 %

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

HealthLynked's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1.004	/	( (4.28	+	3.891)	/ 2 )
=	1.004	/	4.0855
=	0.25

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.

HealthLynked Total Assets Related Terms

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HealthLynked (HealthLynked) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthLynked Corp (OTCPK:HLYK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1265 Creekside Parkway, Suite 302, Naples, FL, USA, 34108

Website

https://www.healthlynked.com

HealthLynked Corp operates a cloud-based online personal medical information and records archiving system for patients and doctors to keep track of medical information via the Internet in a cloud-based system. It operates in four segments: Health Services, Digital Healthcare, ACO/MCO, and Medical Distribution. The majority of its revenue is generated from the Health Services segment, which is into operations of Naples Women's Center, Naples Center for Functional Medicine, and Bridging the Gap Physical Therapy.

Executives

Robert P Gasparini	director	12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913
Daniel L. Hall	director	C/O HEALTHLYNKED CORP., 1035 COLLIER CENTER WAY SUITE 3, NAPLES FL 34110
Heather Monahan	director	520 WEST AVE., #1704, MIAMI BEACH FL 33139
Paul Hobaica	director	1265 CREEKSIDE PARKWAY, SUITE 302, NAPLES FL 34108
Robert P. Mino	director	1072 LAKESHORE DR., JUPITER FL 33458
George O'leary	director, officer: Chief Financial Officer	C/O ISONICS CORPORATION, 5906 MCINTYRE STREET, GOLDEN CO 80403
Michael T Dent	director, 10 percent owner, officer: Chief Executive Officer	12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913