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Cangene (FRA:YGE) Total Assets : €208.85 Mil (As of Oct. 2013)


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What is Cangene Total Assets?

Cangene's Total Assets for the quarter that ended in Oct. 2013 was €208.85 Mil.

Total Assets is connected with ROA %. Cangene's annualized ROA % for the quarter that ended in Oct. 2013 was -7.15%. Total Assets is also linked to Revenue through Asset Turnover. Cangene's Asset Turnover for the quarter that ended in Oct. 2013 was 0.08.


Cangene Total Assets Historical Data

The historical data trend for Cangene'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.

Cangene Total Assets Chart

Cangene Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.08 214.93 186.53 188.82 218.90

Cangene Quarterly Data
Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 184.69 180.73 225.07 218.90 208.85

Cangene 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.

Cangene's Total Assets for the fiscal year that ended in Jul. 2013 is calculated as

Total Assets=Total Equity (A: Jul. 2013 )+Total Liabilities (A: Jul. 2013 )
=150.438+68.462
=218.90

Cangene's Total Assets for the quarter that ended in Oct. 2013 is calculated as

Total Assets=Total Equity (Q: Oct. 2013 )+Total Liabilities (Q: Oct. 2013 )
=140.578+68.269
=208.85

* 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.


Cangene  (FRA:YGE) Total Assets Explanation

Total Assets is connected with ROA %.

Cangene's annualized ROA % for the quarter that ended in Oct. 2013 is

ROA %=Net Income (Q: Oct. 2013 )/( (Total Assets (Q: Jul. 2013 )+Total Assets (Q: Oct. 2013 ))/ count )
=-15.288/( (218.9+208.847)/ 2 )
=-15.288/213.8735
=-7.15 %

Note: The Net Income data used here is four times the quarterly (Oct. 2013) 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.

Cangene's Asset Turnover for the quarter that ended in Oct. 2013 is

Asset Turnover
=Revenue (Q: Oct. 2013 )/( (Total Assets (Q: Jul. 2013 )+Total Assets (Q: Oct. 2013 ))/ count )
=18.043/( (218.9+208.847)/ 2 )
=18.043/213.8735
=0.08

* 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.

Cangene Total Assets Related Terms

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Cangene (FRA:YGE) Business Description

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Cangene Corporation is a fully integrated developer and manufacturer of immune therapeutics, primarily targeting infectious disease, hematology, transplantation and biodefense applications. The company manages its business and evaluate performance based on two operating segments: biopharmaceutical operations and contract services. Revenues are generated from product sales, and contract manufacturing and contract-R&D services.

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