Aion Therapeutic (XCNQ:AION) Total Assets : C$5.89 Mil (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Aion Therapeutic Total Assets?

Aion Therapeutic's Total Assets for the quarter that ended in Jan. 2024 was C$5.89 Mil.

During the past 12 months, Aion Therapeutic's average Total Assets Growth Rate was 782.00% per year. During the past 3 years, the average Total Assets Growth Rate was -57.40% per year. During the past 5 years, the average Total Assets Growth Rate was 21.00% per year.

During the past 7 years, Aion Therapeutic's highest 3-Year average Total Assets Growth Rate was 868.20%. The lowest was -60.80%. And the median was 187.90%.

Total Assets is connected with ROA %. Aion Therapeutic's annualized ROA % for the quarter that ended in Jan. 2024 was -48.63%. Total Assets is also linked to Revenue through Asset Turnover. Aion Therapeutic's Asset Turnover for the quarter that ended in Jan. 2024 was 0.07.

Aion Therapeutic Total Assets Historical Data

The historical data trend for Aion Therapeutic'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.

Aion Therapeutic Total Assets Chart

Aion Therapeutic Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

Get a 7-Day Free Trial

4.11

3.34

1.60

0.15

0.21

Aion Therapeutic Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															0.63	0.21	0.15	0.33	5.89

Aion Therapeutic 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.

Aion Therapeutic's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	-2.726	+	2.936
	=	0.21

Aion Therapeutic's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	1.033	+	4.855
	=	5.89

Aion Therapeutic (XCNQ:AION) Total Assets Explanation

Total Assets is connected with ROA %.

Aion Therapeutic's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-1.512	/	( (0.33	+	5.888)	/ 2 )
	=	-1.512	/	3.109
	=	-48.63 %

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

Aion Therapeutic's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	0.222	/	( (0.33	+	5.888)	/ 2 )
=	0.222	/	3.109
=	0.07

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.

Aion Therapeutic Total Assets Related Terms

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

Aion Therapeutic (XCNQ:AION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aion Therapeutic Inc (XCNQ:AION) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ANTCF:USA

Address

700 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V7Y 1K8

Website

https://www.aiontherapeutic.com

Aion Therapeutic Inc is in the business of research and development, treatment, data mining, and state of the art artificial intelligence techniques, focused on the development of combinatorial pharmaceuticals, nutraceuticals, and cosmeceuticals utilizing compounds from cannabis, psychedelic mushrooms, fungi, natural psychedelic formulations, and other medicinal plants in a legal environment for this type of discovery.

Executives

Ismail Abdul Fattah

Director or Senior Officer of 10% Security Holder

Aion Therapeutic (XCNQ:AION) Headlines

No Headlines