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Turning Point Therapeutics's Total Assets for the quarter that ended in Jun. 2022 was $843.34 Mil.
During the past 12 months, Turning Point Therapeutics's average Total Assets Growth Rate was -0.30% per year. During the past 3 years, the average Total Assets Growth Rate was 113.40% per year.
During the past 5 years, Turning Point Therapeutics's highest 3-Year average Total Assets Growth Rate was 153.20%. The lowest was 113.40%. And the median was 133.30%.
Total Assets is connected with ROA %. Turning Point Therapeutics's annualized ROA % for the quarter that ended in Jun. 2022 was -55.25%. Total Assets is also linked to Revenue through Asset Turnover. Turning Point Therapeutics's Asset Turnover for the quarter that ended in Jun. 2022 was 0.00.
The historical data trend for Turning Point Therapeutics'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.
Turning Point Therapeutics Annual Data | |||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | ||||||
Total Assets | 45.91 | 103.28 | 422.20 | 1,136.71 | 1,003.46 |
Turning Point Therapeutics Quarterly Data | |||||||||||||||||||
Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | |
Total Assets | Get a 7-Day Free Trial | 1,102.92 | 1,058.99 | 1,003.46 | 938.79 | 843.34 |
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.
Turning Point Therapeutics's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as
Total Assets | = | Total Equity (A: Dec. 2021 ) | + | Total Liabilities (A: Dec. 2021 ) |
= | 954.425 | + | 49.038 | |
= | 1,003.46 |
Turning Point Therapeutics's Total Assets for the quarter that ended in Jun. 2022 is calculated as
Total Assets | = | Total Equity (Q: Jun. 2022 ) | + | Total Liabilities (Q: Jun. 2022 ) |
= | 793.022 | + | 50.313 | |
= | 843.34 |
* 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.
Turning Point Therapeutics (NAS:TPTX) Total Assets Explanation
Total Assets is connected with ROA %.
Turning Point Therapeutics's annualized ROA % for the quarter that ended in Jun. 2022 is
ROA % | = | Net Income (Q: Jun. 2022 ) | / | ( (Total Assets (Q: Mar. 2022 ) | + | Total Assets (Q: Jun. 2022 )) | / count ) |
= | -492.352 | / | ( (938.786 | + | 843.335) | / 2 ) | |
= | -492.352 | / | 891.0605 | ||||
= | -55.25 % |
Note: The Net Income data used here is four times the quarterly (Jun. 2022) 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.
Turning Point Therapeutics's Asset Turnover for the quarter that ended in Jun. 2022 is
Asset Turnover | ||||||
= | Revenue (Q: Jun. 2022 ) | / | ( (Total Assets (Q: Mar. 2022 ) | + | Total Assets (Q: Jun. 2022 )) | / count ) |
= | 0.119 | / | ( (938.786 | + | 843.335) | / 2 ) |
= | 0.119 | / | 891.0605 | |||
= | 0.00 |
* 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 Turning Point Therapeutics's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Paolo Tombesi | officer: EVP & Chief Financial Officer | 10 FINDERNE AVENUE, BUILDING 10, BRIDGEWATER NJ 08807 |
Steve M Sabus | officer: SVP & Chief Commercial Officer | 10628 SCIENCE CENTER DRIVE, SUITE 200, SAN DIEGO CA 92121 |
Brian Sun | officer: SVP & General Counsel | C/O TURNING POINT THERAPEUTICS, INC. 10628 SCIENCE CENTER DRIVE, SUITE 200 SAN DIEGO CA 92121 |
Mohammad Hirmand | officer: EVP and Chief Medical Officer | C/O MEDIVATION, INC., 525 MARKET ST., 36TH FLOOR, SAN FRANCISCO CA 94105 |
Athena Countouriotis | director, officer: President & CEO | C/O AMBIT BIOSCIENCES CORPORATION, 11080 ROSELLE STREET, SAN DIEGO CA 92121 |
Siegfried Reich | officer: EVP & Chief Scientific Officer | 10505 ROSELLE STREET SAN DIEGO CA 92121 |
Andrew John Partridge | officer: EVP & Chief Commercial Officer | C/O CENTREXION THERAPEUTICS CORPORATION 200 STATE STREET BOSTON MA 02109 |
Annette North | officer: EVP, General Counsel & Secty. | C/O SGX PHARMACEUTICALS, INC., 10505 ROSELLE STREET, SAN DIEGO CA 92121 |
Mark J Alles | director | C/O CELGENE CORPORATION, 86 MORRIS AVENUE, SUMMIT NJ 07901 |
Van Hoose Kyri K. | officer: Principal Accounting Officer | C/O TURNING POINT THERAPEUTICS, INC., 10628 SCIENCE CENTER DRIVE, SUITE 200, SAN DIEGO CA 92121 |
Barbara W. Bodem | director | C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Brian Lee Baker | officer: VP of Finance and Admin. | C/O TURNING POINT THERAPEUTICS, INC. 10628 SCIENCE CENTER DR., STE. 225 SAN DIEGO CA 92121 |
Yi Larson | officer: EVP & Chief Financial Officer | C/O RAYZEBIO, INC., 5505 MOREHOUSE DRIVE, SUITE 300, SAN DIEGO CA 92121 |
Jingrong Jean Cui | director, 10 percent owner, officer: Chief Scientific Officer | C/O TURNING POINT THERAPEUTICS, INC. 10628 SCIENCE CENTER DR., STE. 225 SAN DIEGO CA 92121 |
Simeon George | director | 161 WASHINGTON STREET, SUITE 500, CONSHOHOCKEN PA 19428 |
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