Portage Total Assets from 2010 to 2024

PRTG Stock  USD 4.87  0.15  3.18%   
Portage Biotech's Total Assets are increasing over the last several years with slightly volatile swings. Total Assets are predicted to flatten to about 7.4 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2000-12-31
Previous Quarter
7.8 M
Current Value
5.2 M
Quarterly Volatility
72 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Portage Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Portage Biotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 51.3 K, Other Operating Expenses of 19.2 M or Total Operating Expenses of 19.1 M, as well as many indicators such as Price To Sales Ratio of 2 K, Dividend Yield of 0.0 or PTB Ratio of 53.14. Portage financial statements analysis is a perfect complement when working with Portage Biotech Valuation or Volatility modules.
  
Check out the analysis of Portage Biotech Correlation against competitors.
For more detail on how to invest in Portage Stock please use our How to Invest in Portage Biotech guide.

Latest Portage Biotech's Total Assets Growth Pattern

Below is the plot of the Total Assets of Portage Biotech over the last few years. Total assets refers to the total amount of Portage Biotech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Portage Biotech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Portage Biotech's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Portage Biotech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.78 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Portage Total Assets Regression Statistics

Arithmetic Mean62,282,111
Geometric Mean16,069,335
Coefficient Of Variation124.63
Mean Deviation67,217,259
Median10,003,000
Standard Deviation77,624,351
Sample Variance6025.5T
Range194.6M
R-Value0.46
Mean Square Error5117.5T
R-Squared0.21
Significance0.08
Slope7,979,921
Total Sum of Squares84357.6T

Portage Total Assets History

20247.4 M
20237.8 M
202299.1 M
2021194.7 M
2020174.9 M
2019173.2 M
2018173.7 M

Other Fundumenentals of Portage Biotech

Portage Biotech Total Assets component correlations

0.99-0.370.130.950.190.4-0.29-0.20.40.690.770.160.610.960.980.14-0.340.27-0.460.05
0.99-0.410.130.930.330.4-0.28-0.250.390.710.710.180.580.920.950.2-0.360.29-0.450.09
-0.37-0.410.25-0.43-0.18-0.430.40.15-0.01-0.33-0.3-0.26-0.38-0.36-0.44-0.880.590.020.49-0.46
0.130.130.25-0.090.12-0.850.65-0.270.03-0.210.31-0.49-0.680.20.1-0.10.750.810.73-0.9
0.950.93-0.43-0.090.010.59-0.45-0.110.440.640.690.250.750.920.980.15-0.50.14-0.620.26
0.190.33-0.180.120.01-0.010.07-0.33-0.130.44-0.070.13-0.040.020.050.32-0.070.08-0.020.05
0.40.4-0.43-0.850.59-0.01-0.750.110.180.570.120.50.950.320.430.17-0.87-0.62-0.910.86
-0.29-0.280.40.65-0.450.07-0.750.26-0.33-0.34-0.05-0.5-0.72-0.29-0.33-0.250.80.450.84-0.71
-0.2-0.250.15-0.27-0.11-0.330.110.26-0.37-0.3-0.260.290.06-0.21-0.16-0.150.1-0.170.050.14
0.40.39-0.010.030.44-0.130.18-0.33-0.370.170.280.080.270.470.42-0.2-0.460.18-0.390.07
0.690.71-0.33-0.210.640.440.57-0.34-0.30.170.65-0.090.680.60.60.03-0.46-0.17-0.550.31
0.770.71-0.30.310.69-0.070.12-0.05-0.260.280.65-0.390.360.850.760.0-0.070.29-0.19-0.24
0.160.18-0.26-0.490.250.130.5-0.50.290.08-0.09-0.390.430.060.180.28-0.53-0.19-0.490.61
0.610.58-0.38-0.680.75-0.040.95-0.720.060.270.680.360.430.560.620.07-0.8-0.51-0.90.69
0.960.92-0.360.20.920.020.32-0.29-0.210.470.60.850.060.560.960.1-0.310.31-0.44-0.05
0.980.95-0.440.10.980.050.43-0.33-0.160.420.60.760.180.620.960.19-0.370.3-0.480.1
0.140.2-0.88-0.10.150.320.17-0.25-0.15-0.20.030.00.280.070.10.19-0.350.03-0.210.27
-0.34-0.360.590.75-0.5-0.07-0.870.80.1-0.46-0.46-0.07-0.53-0.8-0.31-0.37-0.350.50.93-0.83
0.270.290.020.810.140.08-0.620.45-0.170.18-0.170.29-0.19-0.510.310.30.030.50.5-0.54
-0.46-0.450.490.73-0.62-0.02-0.910.840.05-0.39-0.55-0.19-0.49-0.9-0.44-0.48-0.210.930.5-0.79
0.050.09-0.46-0.90.260.050.86-0.710.140.070.31-0.240.610.69-0.050.10.27-0.83-0.54-0.79
Click cells to compare fundamentals

About Portage Biotech Financial Statements

Portage Biotech stakeholders use historical fundamental indicators, such as Portage Biotech's Total Assets, to determine how well the company is positioned to perform in the future. Although Portage Biotech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Portage Biotech's assets and liabilities are reflected in the revenues and expenses on Portage Biotech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Portage Biotech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets7.8 M7.4 M
Intangibles To Total Assets 0.74  0.62 

Currently Active Assets on Macroaxis

When determining whether Portage Biotech is a strong investment it is important to analyze Portage Biotech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Portage Biotech's future performance. For an informed investment choice regarding Portage Stock, refer to the following important reports:
Check out the analysis of Portage Biotech Correlation against competitors.
For more detail on how to invest in Portage Stock please use our How to Invest in Portage Biotech guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Portage Biotech. If investors know Portage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Portage Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
24.4
Return On Assets
(0.19)
Return On Equity
(1.91)
The market value of Portage Biotech is measured differently than its book value, which is the value of Portage that is recorded on the company's balance sheet. Investors also form their own opinion of Portage Biotech's value that differs from its market value or its book value, called intrinsic value, which is Portage Biotech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Portage Biotech's market value can be influenced by many factors that don't directly affect Portage Biotech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Portage Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portage Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portage Biotech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.