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Origin Therapeutics Holdings (XCNQ:ORIG) Total Assets : C$3.19 Mil (As of Jun. 2023)


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What is Origin Therapeutics Holdings Total Assets?

Origin Therapeutics Holdings's Total Assets for the quarter that ended in Jun. 2023 was C$3.19 Mil.

During the past 12 months, Origin Therapeutics Holdings's average Total Assets Growth Rate was -64.50% per year.

Total Assets is connected with ROA %. Origin Therapeutics Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was -7.80%. Total Assets is also linked to Revenue through Asset Turnover. Origin Therapeutics Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.


Origin Therapeutics Holdings Total Assets Historical Data

The historical data trend for Origin Therapeutics Holdings'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.

Origin Therapeutics Holdings Total Assets Chart

Origin Therapeutics Holdings Annual Data
Trend Sep21 Sep22
Total Assets
7.06 5.59

Origin Therapeutics Holdings Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Assets Get a 7-Day Free Trial Premium Member Only 6.18 5.59 5.40 3.37 3.19

Origin Therapeutics Holdings 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.

Origin Therapeutics Holdings's Total Assets for the fiscal year that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (A: Sep. 2022 )+Total Liabilities (A: Sep. 2022 )
=5.429+0.159
=5.59

Origin Therapeutics Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=3.081+0.11
=3.19

* 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.


Origin Therapeutics Holdings  (XCNQ:ORIG) Total Assets Explanation

Total Assets is connected with ROA %.

Origin Therapeutics Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=-0.256/( (3.369+3.191)/ 2 )
=-0.256/3.28
=-7.80 %

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

Origin Therapeutics Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (3.369+3.191)/ 2 )
=0/3.28
=0.00

* 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.

Origin Therapeutics Holdings Total Assets Related Terms

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Origin Therapeutics Holdings (XCNQ:ORIG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
505 Burrard Street, Suite 1570, Vancouver, BC, CAN, V7X 1M5
Origin Therapeutics Holdings Inc is an investment company focusing on investments in the psychedelic industry.

Origin Therapeutics Holdings (XCNQ:ORIG) Headlines

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