GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casa Systems Inc (OTCPK:CASSQ) » Definitions » Total Assets

Casa Systems (Casa Systems) Total Assets : $262.5 Mil (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Casa Systems Total Assets?

Casa Systems's Total Assets for the quarter that ended in Sep. 2023 was $262.5 Mil.

During the past 12 months, Casa Systems's average Total Assets Growth Rate was -12.20% per year. During the past 3 years, the average Total Assets Growth Rate was -6.30% per year. During the past 5 years, the average Total Assets Growth Rate was 8.30% per year.

During the past 9 years, Casa Systems's highest 3-Year average Total Assets Growth Rate was 17.40%. The lowest was -6.30%. And the median was 11.40%.

Total Assets is connected with ROA %. Casa Systems's annualized ROA % for the quarter that ended in Sep. 2023 was -36.18%. Total Assets is also linked to Revenue through Asset Turnover. Casa Systems's Asset Turnover for the quarter that ended in Sep. 2023 was 0.22.


Casa Systems Total Assets Historical Data

The historical data trend for Casa Systems'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.

Casa Systems Total Assets Chart

Casa Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only 474.65 444.31 492.97 468.71 398.29

Casa Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 437.97 398.29 356.13 303.95 262.52

Casa Systems 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.

Casa Systems's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=49.401+348.893
=398.3

Casa Systems's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-53.425+315.941
=262.5

* 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.


Casa Systems  (OTCPK:CASSQ) Total Assets Explanation

Total Assets is connected with ROA %.

Casa Systems's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-102.472/( (303.947+262.516)/ 2 )
=-102.472/283.2315
=-36.18 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

Casa Systems's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=62.089/( (303.947+262.516)/ 2 )
=62.089/283.2315
=0.22

* 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.

Casa Systems Total Assets Related Terms

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


Casa Systems (Casa Systems) Business Description

Traded in Other Exchanges
Address
100 Old River Road, Andover, MA, USA, 01810
Casa Systems Inc is engaged in providing a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company focuses on creating a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company's product line includes cable networks, IP networks, mobile networks, optical networks, professional and managed services and others. Substantial revenue is generated from North American operations.
Executives
Philip Jr. Paro officer: Chief Accounting Officer 100 OLD RIVER ROAD, C/O CASA SYSTEMS, INC., ANDOVER MA 01810
Michael Glickman director, officer: President and CEO 100 OLD RIVER ROAD, ANDOVER MA 01810
Styslinger William C Iii director 124 ACTON STREET, MAYNARD MA 01754
Edward Durkin officer: Chief Financial Officer C/O CASA SYSTEMS, INC., 100 OLD RIVER ROAD, ANDOVER MA 01810
Weidong Chen officer: Chief Technology Officer 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Michael T Hayashi director MINDSPEED TECHNOLOGIES, INC., 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
Lucy Xie director, officer: SVP of Operations 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Daniel S. Mead director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Matthew Slepian officer: Corporate Controller CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Jerry Guo director, 10 percent owner, officer: President & CEO 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Scott Bruckner officer: Interim CFO CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Susana D'emic director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Maurizio Nicolelli officer: Chief Financial Officer C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Shaun N. Mccarthy officer: Interim CFO 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Bruce R Evans director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116

Casa Systems (Casa Systems) Headlines