Nuance Communications's Total Assets for the quarter that ended in Dec. 2021 was $3,237 Mil.
During the past 12 months, Nuance Communications's average Total Assets Growth Rate was -3.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -13.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -10.20% per year.
During the past 10 years, the average Total Assets Growth Rate was -2.30% per year.
During the past 13 years, Nuance Communications's highest 3-Year average Total Assets Growth Rate was 83.40%. The lowest was -14.10%. And the median was 16.30%.
Nuance Communications Total Assets Historical Data
The historical data trend for Nuance Communications'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.
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.
Nuance Communications's Total Assets for the fiscal year that ended in Sep. 2021 is calculated as
* 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.
Nuance Communications (NAS:NUAN) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2021) 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.
Nuance Communications's Asset Turnover for the quarter that ended in Dec. 2021 is
* 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.
Nuance Communications Total Assets Related Terms
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Nuance Communications (Nuance Communications) Business Description
Nuance Communications Inc is the pioneer in conversational AI innovations that bring intelligence to everyday work and life. The company delivers solutions that understand, analyze, and respond to people amplifying human intelligence to increase productivity and security. Its operating segment includes Healthcare; Enterprise; and Other. The company generates maximum revenue from the Healthcare segment. Its Healthcare segment is primarily engaged in providing clinical speech and clinical language understanding solutions that improve the clinical documentation process, from capturing the complete patient record to improving clinical documentation and quality measures for reimbursement. Geographically, it derives a majority of revenue from the United States.
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