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Pulmonx's Total Assets for the quarter that ended in Dec. 2023 was $177.78 Mil.
Warning Sign:
If a company builds assets at 38.2% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Pulmonx's average Total Assets Growth Rate was 15.50% per year. During the past 3 years, the average Total Assets Growth Rate was 23.60% per year. During the past 5 years, the average Total Assets Growth Rate was 38.20% per year.
During the past 6 years, Pulmonx's highest 3-Year average Total Assets Growth Rate was 71.70%. The lowest was 23.60%. And the median was 27.80%.
Total Assets is connected with ROA %. Pulmonx's annualized ROA % for the quarter that ended in Dec. 2023 was -30.62%. Total Assets is also linked to Revenue through Asset Turnover. Pulmonx's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.
The historical data trend for Pulmonx'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.
Pulmonx Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Total Assets | Get a 7-Day Free Trial | 53.53 | 263.71 | 235.17 | 193.68 | 177.78 |
Pulmonx Quarterly Data | ||||||||||||||||||||
Dec18 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Total Assets | Get a 7-Day Free Trial | 193.68 | 201.27 | 193.11 | 185.02 | 177.78 |
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.
Pulmonx'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 ) |
= | 118.315 | + | 59.466 | |
= | 177.78 |
Pulmonx's Total Assets for the quarter that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (Q: Dec. 2023 ) | + | Total Liabilities (Q: Dec. 2023 ) |
= | 118.315 | + | 59.466 | |
= | 177.78 |
* 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.
Pulmonx (NAS:LUNG) Total Assets Explanation
Total Assets is connected with ROA %.
Pulmonx's annualized ROA % for the quarter that ended in Dec. 2023 is
ROA % | = | Net Income (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | -55.552 | / | ( (185.016 | + | 177.781) | / 2 ) | |
= | -55.552 | / | 181.3985 | ||||
= | -30.62 % |
Note: The Net Income data used here is four times the quarterly (Dec. 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.
Pulmonx's Asset Turnover for the quarter that ended in Dec. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 19.278 | / | ( (185.016 | + | 177.781) | / 2 ) |
= | 19.278 | / | 181.3985 | |||
= | 0.11 |
* 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 Pulmonx's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
French Glendon E. Iii | director, officer: President and CEO | 700 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
Geoffrey Beran Rose | officer: Chief Commercial Officer | 5124 ROCKWOOD PARKWAY NW, WASHINGTON DC 20016 |
John Mckune | officer: Interim CFO | 46668 CRAWFORD CT., FREMONT CA 94539 |
David Aaron Lehman | officer: General Counsel | C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025 |
Derrick Sung | officer: Chief Financial Officer | C/O IRHYTHM TECHNOLOGIES, INC., 650 TOWNSEND STREET, SUITE 380, SAN FRANCISCO CA 94103 |
Alissa Hsu Lynch | director | 700 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
Richard M Ferrari | director | 2118 WALSH AVENUE, SUITE 210, SANTA CLARA CA 95050 |
Tiffany Sullivan | director | 700 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
Boston Scientific Corp | 10 percent owner | 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234 |
Daniel P Florin | director | 56 E. BELL DRIVE, WARSAW IN 46581 |
Mead Dana G Jr. | director | 2750 SAND HILL ROAD, MENLO PARK CA 94025 |
Thomas William Burns | director | C/O GLAUKOS CORPORATION,, 26051 MERIT CIRCLE, SUITE 103, LAGUNA HILLS CA 92653 |
Georgia Melenikiotou | director | C/O INSPIRE MEDICAL SYSTEMS, INC., 5500 WAYZATA BOULEVARD, SUITE 1600, GOLDEN VALLEY MN 55416 |
Staffan Lindstrand | director | C/O ODLANDER, FREDRIKSON & CO. AB, STRANDVAGEN 5B, STOCKHOLM V7 SE-114 51 |
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