GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Omni Health Inc (OTCPK:OMHE) » Definitions » Total Assets

Omni Health (Omni Health) Total Assets : $5.02 Mil (As of Jan. 2017)


View and export this data going back to 2015. Start your Free Trial

What is Omni Health Total Assets?

Omni Health's Total Assets for the quarter that ended in Jan. 2017 was $5.02 Mil.

Total Assets is connected with ROA %. Omni Health's annualized ROA % for the quarter that ended in Jan. 2017 was -7.21%. Total Assets is also linked to Revenue through Asset Turnover. Omni Health's Asset Turnover for the quarter that ended in Jan. 2017 was 0.29.


Omni Health Total Assets Historical Data

The historical data trend for Omni 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.

Omni Health Total Assets Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Total Assets
0.08 0.10 0.06

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.06 5.02 4.97 5.02

Omni 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.

Omni Health's Total Assets for the fiscal year that ended in Apr. 2016 is calculated as

Total Assets=Total Equity (A: Apr. 2016 )+Total Liabilities (A: Apr. 2016 )
=-0.132+0.19
=0.06

Omni Health's Total Assets for the quarter that ended in Jan. 2017 is calculated as

Total Assets=Total Equity (Q: Jan. 2017 )+Total Liabilities (Q: Jan. 2017 )
=3.222+1.794
=5.02

* 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.


Omni Health  (OTCPK:OMHE) Total Assets Explanation

Total Assets is connected with ROA %.

Omni Health's annualized ROA % for the quarter that ended in Jan. 2017 is

ROA %=Net Income (Q: Jan. 2017 )/( (Total Assets (Q: Oct. 2016 )+Total Assets (Q: Jan. 2017 ))/ count )
=-0.36/( (4.967+5.015)/ 2 )
=-0.36/4.991
=-7.21 %

Note: The Net Income data used here is four times the quarterly (Jan. 2017) 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.

Omni Health's Asset Turnover for the quarter that ended in Jan. 2017 is

Asset Turnover
=Revenue (Q: Jan. 2017 )/( (Total Assets (Q: Oct. 2016 )+Total Assets (Q: Jan. 2017 ))/ count )
=1.471/( (4.967+5.015)/ 2 )
=1.471/4.991
=0.29

* 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.

Omni Health Total Assets Related Terms

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


Omni Health (Omni Health) Business Description

Traded in Other Exchanges
N/A
Address
5966 West 16th Avenue, Miami Beach, FL, USA, 33012
Omni Health Inc operates a pharmacy in Miami Beach, Florida. The company operates through its subsidiary as a vertically integrated company focused on healthcare and operating in the lucrative pharmaceutical, medical and wellness industries.

Omni Health (Omni Health) Headlines