Hutchinson Technology (Hutchinson Technology) Total Assets : $217.8 Mil (As of Jun. 2016)

View and export this data going back to 1985. Start your Free Trial

What is Hutchinson Technology Total Assets?

Hutchinson Technology's Total Assets for the quarter that ended in Jun. 2016 was $217.8 Mil.

Total Assets is connected with ROA %. Hutchinson Technology's annualized ROA % for the quarter that ended in Jun. 2016 was -12.35%. Total Assets is also linked to Revenue through Asset Turnover. Hutchinson Technology's Asset Turnover for the quarter that ended in Jun. 2016 was 0.24.

Hutchinson Technology Total Assets Historical Data

The historical data trend for Hutchinson Technology'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.

Hutchinson Technology Total Assets Chart

Hutchinson Technology Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Total Assets

Get a 7-Day Free Trial

401.01

336.29

306.68

275.17

241.51

Hutchinson Technology Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Total Assets	Get a 7-Day Free Trial															256.35	241.51	236.87	225.77	217.82

Hutchinson Technology 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.

Hutchinson Technology's Total Assets for the fiscal year that ended in Sep. 2015 is calculated as

Total Assets	=	Total Equity (A: Sep. 2015 )	+	Total Liabilities (A: Sep. 2015 )
	=	70.875	+	170.637
	=	241.5

Hutchinson Technology's Total Assets for the quarter that ended in Jun. 2016 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2016 )	+	Total Liabilities (Q: Jun. 2016 )
	=	50.902	+	166.918
	=	217.8

Hutchinson Technology (NAS:HTCH) Total Assets Explanation

Total Assets is connected with ROA %.

Hutchinson Technology's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %	=	Net Income (Q: Jun. 2016 )	/	( (Total Assets (Q: Mar. 2016 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
	=	-27.388	/	( (225.767	+	217.82)	/ 2 )
	=	-27.388	/	221.7935
	=	-12.35 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) 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.

Hutchinson Technology's Asset Turnover for the quarter that ended in Jun. 2016 is

	Asset Turnover
=	Revenue (Q: Jun. 2016 )	/	( (Total Assets (Q: Mar. 2016 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
=	53.196	/	( (225.767	+	217.82)	/ 2 )
=	53.196	/	221.7935
=	0.24

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.

Hutchinson Technology Total Assets Related Terms

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

Hutchinson Technology (Hutchinson Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hutchinson Technology Inc (NAS:HTCH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.htch.com

Hutchinson Technology Inc was incorporated in Minnesota in the year 1965. The Company is a technology manufacturer that creates value by developing solutions to critical customer problems. The Company has one reportable segment namely the Disk Drive Components Division. Its Disk Drive Components Division is a supplier of suspension assemblies for hard disk drives. Its disk drive products are sold through the Company's account management team. Its competitors are Nihon Hatsujo Kabusikigaisha, Magnecomp Precision Technology Public Company Limited, and NAT Peripheral (H.K.) Co., Ltd. As of September 27, 2015, the Company had 216 US patents and 16 foreign patents. The Company's products are classified as medical devices and therefore are subject to governmental regulations.

Executives

Wayne M Fortun	director, other: Chairman of the Board	HUTCHINSON TECHNOLOGY INC, 40 WEST HIGHLAND PARK, HUTCHINSON MN 55350
Martha Goldberg Aronson	director	40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Russell Huffer	director	C/O APOGEE ENTERPRISES INC, 7900 XERXES AVE S STE 1000, MINNEAPOLIS MN 55431
Thomas R Verhage	director	6513 CROWN COLONY PLACE #101, NAPLES FL 34108
Philip Soran	director	12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Frank P Russomanno	director	C/O EMRISE CORPORATION, 2530 MERIDIAN PARKWAY, DURHAM NC 27713
William T Monahan	director	IMATION, 1 IMATION PL, OAKDALE MN 55128
Mark A Augusti	director	40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350
Gary Henley	director	5677 AIRLINE ROAD, ARLINGTON TN 38002
Kathleen Skarvan	officer: Senior VP, Pres of DDC Div	40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
Steve Polacek	officer: Senior VP and CFO	4106 SUNNYSIDE ROAD, EDINA MN 55424
Archibald Jr Cox	director	151 EAST 58TH STREET, #33F, NEW YORK NY 10022