Qiagen NV (Qiagen NV) Total Assets : $6,115 Mil (As of Dec. 2023)

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What is Qiagen NV Total Assets?

Qiagen NV's Total Assets for the quarter that ended in Dec. 2023 was $6,115 Mil.

During the past 12 months, Qiagen NV's average Total Assets Growth Rate was 3.90% per year. During the past 3 years, the average Total Assets Growth Rate was -0.60% per year. During the past 5 years, the average Total Assets Growth Rate was 2.90% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 13 years, Qiagen NV's highest 3-Year average Total Assets Growth Rate was 70.70%. The lowest was -0.60%. And the median was 9.60%.

Total Assets is connected with ROA %. Qiagen NV's annualized ROA % for the quarter that ended in Dec. 2023 was 6.50%. Total Assets is also linked to Revenue through Asset Turnover. Qiagen NV's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

Qiagen NV Total Assets Historical Data

The historical data trend for Qiagen NV'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.

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Qiagen NV Total Assets Chart

Qiagen NV Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,235.62

5,869.62

6,146.95

6,287.74

6,115.19

Qiagen NV Quarterly Data
	Mar19	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															6,287.74	6,278.95	6,347.27	5,906.70	6,115.19

Qiagen NV 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.

Qiagen NV'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 )
	=	3807.764	+	2307.426
	=	6,115

Qiagen NV'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 )
	=	3807.764	+	2307.426
	=	6,115

Qiagen NV (NYSE:QGEN) Total Assets Explanation

Total Assets is connected with ROA %.

Qiagen NV'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 )
	=	390.656	/	( (5906.698	+	6115.19)	/ 2 )
	=	390.656	/	6010.944
	=	6.50 %

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.

Qiagen NV'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 )
=	509.162	/	( (5906.698	+	6115.19)	/ 2 )
=	509.162	/	6010.944
=	0.08

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.

Qiagen NV Total Assets Related Terms

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Qiagen NV (Qiagen NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Qiagen NV (NYSE:QGEN) » Definitions » Total Assets

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Traded in Other Exchanges

1QGEN:Italy QIAd:UK 0RLT:UK QIA:Germany QIA:Germany QIA:Germany QIA:Germany QGEN:Austria

Address

Hulsterweg 82, Venlo, LI, NLD, 5912 PL

Website

https://www.qiagen.com

Qiagen offers proprietary sample and assay technology to extract, purify, amplify, and interpret DNA, RNA, and proteins. The company's sales are split almost evenly between applications in life sciences and molecular diagnostics. Qiagen generates nearly 90% of its revenue from consumables with the balance coming from instrumentation and related services. The Americas account for the largest portion of the firm's revenue (over 45% of 2022 sales), followed by EMEA (nearly 35%), and Asia-Pacific (nearly 20%).

Executives