Inventage Lab (XKRX:389470) Total Assets : ₩42,806.3 Mil (As of Mar. 2024)

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What is Inventage Lab Total Assets?

Inventage Lab's Total Assets for the quarter that ended in Mar. 2024 was ₩42,806.3 Mil.

During the past 12 months, Inventage Lab's average Total Assets Growth Rate was 271.90% per year. During the past 3 years, the average Total Assets Growth Rate was 31.30% per year.

During the past 5 years, Inventage Lab's highest 3-Year average Total Assets Growth Rate was 31.30%. The lowest was 10.70%. And the median was 21.00%.

Total Assets is connected with ROA %. Inventage Lab's annualized ROA % for the quarter that ended in Mar. 2024 was 21.88%. Total Assets is also linked to Revenue through Asset Turnover. Inventage Lab's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Inventage Lab Total Assets Historical Data

The historical data trend for Inventage Lab'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.

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Inventage Lab Total Assets Chart

Inventage Lab Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

12,458.14

22,337.13

31,724.29

34,861.90

45,182.34

Inventage Lab Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial					30,854.49	45,505.86	48,366.20	45,182.34	42,806.30

Inventage Lab 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.

Inventage Lab's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	4410.627	+	40771.715
	=	45,182.3

Inventage Lab's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	6929.715	+	35876.588
	=	42,806.3

Inventage Lab (XKRX:389470) Total Assets Explanation

Total Assets is connected with ROA %.

Inventage Lab's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	9628.092	/	( (45182.343	+	42806.302)	/ 2 )
	=	9628.092	/	43994.3225
	=	21.88 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Inventage Lab's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	96.928	/	( (45182.343	+	42806.302)	/ 2 )
=	96.928	/	43994.3225
=	0.00

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.

Inventage Lab Total Assets Related Terms

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Inventage Lab (XKRX:389470) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Inventage Lab Inc (XKRX:389470) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

24, Dunchon-daero 388 beon-gil, 612, Woolim Lions Valley 3, Jungwon-gu, Gyeonggi-do, Seongnam-si, KOR, 13403

Website

https://www.inventagelab.com

Inventage Lab Inc operates medical technology development businesses. It engages in the development of an innovative Drug Delivery System (DDS). It has developed Laminar FluiDigm, a microfluidics-based novel platform technology that builds the foundation for IVL- DrugFluidic and IVL-GeneFluidic, which are specific platform technologies used for developing and manufacturing long-acting injectables and gene-delivery therapeutics.

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