OraSure Technologies's Total Assets for the quarter that ended in Dec. 2023 was $482.8 Mil.
During the past 12 months, OraSure Technologies's average Total Assets Growth Rate was -42.30% per year.
During the past 3 years, the average Total Assets Growth Rate was -7.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.60% per year.
During the past 13 years, OraSure Technologies's highest 3-Year average Total Assets Growth Rate was 63.60%. The lowest was -40.40%. And the median was 19.95%.
Total Assets is connected with ROA %. OraSure Technologies's annualizedROA % for the quarter that ended in Dec. 2023 was 17.06%. Total Assets is also linked to Revenue through Asset Turnover. OraSure Technologies's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.
OraSure Technologies Total Assets Historical Data
The historical data trend for OraSure Technologies'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.
OraSure Technologies's Total Assets for the fiscal year that ended in Dec. 2023 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.
OraSure Technologies (NAS:OSUR) Total Assets Explanation
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.
OraSure Technologies's Asset Turnover for the quarter that ended in Dec. 2023 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.
OraSure Technologies Total Assets Related Terms
Thank you for viewing the detailed overview of OraSure Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
OraSure Technologies (OraSure Technologies) Business Description
OraSure Technologies is a medical devices company that develops, manufactures, and distributes oral fluid diagnostic and collection devices. Its reportable segments are diagnostics and molecular solutions. The diagnostics segment produces rapid oral diagnostic tests and specimen collection devices for infectious diseases such as HIV and HCV. The molecular solutions segment specializes in kits used to collect, stabilize, and transport genetic material samples for molecular testing of both hereditary diseases and infectious diseases, such as COVID-19. The company gets most of its sales from the molecular solutions business, derived mainly from customers in the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OSUR has been successfully added to your 