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Wright Medical Group NV's Total Assets for the quarter that ended in Sep. 2020 was $2,598.7 Mil.
Warning Sign:
If a company builds asset at 23.9% a year, faster than its revenue growth rate of 5.8% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, Wright Medical Group NV's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 23.90% per year. During the past 10 years, the average Total Assets Growth Rate was 26.20% per year.
During the past 12 years, Wright Medical Group NV's highest 3-Year average Total Assets Growth Rate was 59.50%. The lowest was 1.10%. And the median was 12.80%.
Total Assets is connected with ROA %. Wright Medical Group NV's annualized ROA % for the quarter that ended in Sep. 2020 was -3.06%. Total Assets is also linked to Revenue through Asset Turnover. Wright Medical Group NV's Asset Turnover for the quarter that ended in Sep. 2020 was 0.09.
The historical data trend for Wright Medical Group NV'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.
Wright Medical Group NV Annual Data | |||||||||||||||||||||
Trend | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 2,073.49 | 2,290.59 | 2,128.72 | 2,694.40 | 2,585.64 |
Wright Medical Group NV Quarterly Data | ||||||||||||||||||||
Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | |
Total Assets | Get a 7-Day Free Trial | 2,508.83 | 2,585.64 | 2,480.58 | 2,563.53 | 2,598.72 |
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.
Wright Medical Group NV's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as
Total Assets | = | Total Equity (A: Dec. 2019 ) | + | Total Liabilities (A: Dec. 2019 ) |
= | 891.793 | + | 1693.847 | |
= | 2,585.6 |
Wright Medical Group NV's Total Assets for the quarter that ended in Sep. 2020 is calculated as
Total Assets | = | Total Equity (Q: Sep. 2020 ) | + | Total Liabilities (Q: Sep. 2020 ) |
= | 854.251 | + | 1744.468 | |
= | 2,598.7 |
* 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.
Wright Medical Group NV (NAS:WMGI) Total Assets Explanation
Total Assets is connected with ROA %.
Wright Medical Group NV's annualized ROA % for the quarter that ended in Sep. 2020 is
ROA % | = | Net Income (Q: Sep. 2020 ) | / | ( (Total Assets (Q: Jun. 2020 ) | + | Total Assets (Q: Sep. 2020 )) | / count ) |
= | -78.888 | / | ( (2563.527 | + | 2598.719) | / 2 ) | |
= | -78.888 | / | 2581.123 | ||||
= | -3.06 % |
Note: The Net Income data used here is four times the quarterly (Sep. 2020) 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.
Wright Medical Group NV's Asset Turnover for the quarter that ended in Sep. 2020 is
Asset Turnover | ||||||
= | Revenue (Q: Sep. 2020 ) | / | ( (Total Assets (Q: Jun. 2020 ) | + | Total Assets (Q: Sep. 2020 )) | / count ) |
= | 223.367 | / | ( (2563.527 | + | 2598.719) | / 2 ) |
= | 223.367 | / | 2581.123 | |||
= | 0.09 |
* 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.
Thank you for viewing the detailed overview of Wright Medical Group NV's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Steven P. Wallace | officer: President, International | 1023 CHERRY ROAD MEMPHIS TN 38117 |
Barry J. Regan | officer: SVP, Operations | 1023 CHERRY ROAD, MEMPHIS TN 38117 |
Kevin C. Smith | officer: SVP, Quality and Regulatory | 1023 CHERRY ROAD MEMPHIS TN 38117 |
Jason D. Asper | officer: SVP, Chief Digital Officer | 1023 CHERRY ROAD MEMPHIS TN 38117 |
Tim Lanier | officer: President, Upper Extremities | 1023 CHERRY ROAD MEMPHIS TN 38117 |
Patrick Fisher | officer: President, Lower Extremities | 1023 CHERRY ROAD MEMPHIS TN 38117 |
Jonathan Wesley Porter | officer: SVP, Chief Compliance Officer | 1023 CHERRY ROAD MEMPHIS TN 38117 |
Julie Andrews | officer: SVP, Global Finance | 5677 AIRLINE ROAD, ARLINGTON TN 38002 |
Jennifer S. Walker | officer: SVP, Process Improvement | 5677 AIRLINE ROAD ARLINGTON TN 38002 |
Andrew C. Morton | officer: SVP, Chief Human Resources Ofr | 10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758 |
Lance A Berry | officer: EVP, Chief Finan./Op. Officer | 5677 AIRLINE ROAD, ARLINGTON TN 38002 |
Julie D. Dewey | officer: SVP, Chief Comm. Officer | 1023 CHERRY ROAD MEMPHIS TN 38117 |
Kevin D Cordell | officer: EVP, Chief Global Comm Officer | C/O WRIGHT MEDICAL GROUP, INC. 1023 CHERRY ROAD MEMPHIS TN 38117 |
Robert J Palmisano | director, officer: President and Chief Executive | 110 HARTWELL AVENUE, LEXINGTON MA 02173 |
Peter Cooke | officer: Pres. Emerging Markets AUS/JAP | 5677 AIRLINE ROAD ARLINGTON TN 38002 |
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