Pacific Edge (Pacific Edge) Total Assets : $39.81 Mil (As of Mar. 2024)

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What is Pacific Edge Total Assets?

Pacific Edge's Total Assets for the quarter that ended in Mar. 2024 was $39.81 Mil.

During the past 12 months, Pacific Edge's average Total Assets Growth Rate was 6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 22.90% per year. During the past 5 years, the average Total Assets Growth Rate was 35.40% per year. During the past 10 years, the average Total Assets Growth Rate was 14.10% per year.

During the past 13 years, Pacific Edge's highest 3-Year average Total Assets Growth Rate was 91.30%. The lowest was -23.10%. And the median was 22.90%.

Total Assets is connected with ROA %. Pacific Edge's annualized ROA % for the quarter that ended in Mar. 2024 was -40.87%. Total Assets is also linked to Revenue through Asset Turnover. Pacific Edge's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Pacific Edge Total Assets Historical Data

The historical data trend for Pacific Edge'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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Pacific Edge Total Assets Chart

Pacific Edge Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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11.71

22.26

85.18

60.29

39.81

Pacific Edge Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															85.18	63.17	60.29	45.23	39.81

Pacific Edge 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.

Pacific Edge's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	33.225	+	6.585
	=	39.81

Pacific Edge'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 )
	=	33.225	+	6.585
	=	39.81

Pacific Edge (OTCPK:PFGTF) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-17.376	/	( (45.228	+	39.81)	/ 2 )
	=	-17.376	/	42.519
	=	-40.87 %

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

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

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	6.577	/	( (45.228	+	39.81)	/ 2 )
=	6.577	/	42.519
=	0.15

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.

Pacific Edge Total Assets Related Terms

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Pacific Edge (Pacific Edge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Pacific Edge Ltd (OTCPK:PFGTF) » Definitions » Total Assets

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PEB:New Zealand PEB:Australia

Address

87 St David Street, P.O. Box 56, Dunedin, STL, NZL, 9016

Website

https://www.pacificedgedx.com

Pacific Edge Ltd is a NewZealand based company involved in developing and commercializing diagnostic and prognostic tools for the early detection and management of cancers. It manages and operates the laboratories used for the detection of bladder cancer. The company operates in two segments: Commercial, which includes sales, marketing, laboratory, and support operations to run the commercial businesses world wide; and Research, which is into research and development of diagnostic and prognostic products for human cancer. The commercial segment contributes to the majority of the revenue. Pacific Edge has a product in the marketplace called Cxbladder. Its geographical segments are the United States, New Zealand, and the Rest of the World.