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2U (TWOU) Total Assets : $1,459.7 Mil (As of Dec. 2023)


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What is 2U Total Assets?

2U's Total Assets for the quarter that ended in Dec. 2023 was $1,459.7 Mil.

Warning Sign:

If a company builds assets at 30.1% a year, faster than its revenue growth rate of 9.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, 2U's average Total Assets Growth Rate was -14.90% per year. During the past 3 years, the average Total Assets Growth Rate was 10.30% per year. During the past 5 years, the average Total Assets Growth Rate was 30.10% per year. During the past 10 years, the average Total Assets Growth Rate was 65.00% per year.

During the past 13 years, 2U's highest 3-Year average Total Assets Growth Rate was 137.80%. The lowest was 10.30%. And the median was 59.20%.

Total Assets is connected with ROA %. 2U's annualized ROA % for the quarter that ended in Dec. 2023 was -11.33%. Total Assets is also linked to Revenue through Asset Turnover. 2U's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.


2U Total Assets Historical Data

The historical data trend for 2U'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.

* Premium members only.

2U Total Assets Chart

2U Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,186.83 1,544.26 2,109.01 1,810.86 1,459.68

2U 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,810.86 1,725.20 1,538.42 1,537.94 1,459.68

2U 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.

2U'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 )
=219.045+1240.638
=1,459.7

2U'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 )
=219.045+1240.638
=1,459.7

* 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.


2U  (NAS:TWOU) Total Assets Explanation

Total Assets is connected with ROA %.

2U'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 )
=-169.792/( (1537.935+1459.683)/ 2 )
=-169.792/1498.809
=-11.33 %

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.

2U'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 )
=255.661/( (1537.935+1459.683)/ 2 )
=255.661/1498.809
=0.17

* 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.

2U Total Assets Related Terms

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2U (TWOU) Business Description

Traded in Other Exchanges
Address
7900 Harkins Road, Lanham, MD, USA, 20706
2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: Degree Program segment and Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.
Executives
Aaron Mccullough officer: CHIEF PRODUCT OFFICER C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Edward S. Macias director C/O 2U, INC., 8201 CORPORATE DRIVE, SUITE 900, LANDOVER MD 20785
Gregory K Peters director C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
Christopher J Paucek director, officer: Chief Executive Officer 7900 HARKINS ROAD, LANHAM MD 20706
Paul A Maeder director C/O HIGHLAND CAPITAL PARTNERS, HIGH ST TOWER 125 HIGH ST, BOSTON MA 02110
Alexis Maybank director C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
James Kenigsberg officer: Chief Technology Officer C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Matthew J. Norden officer: Co-General Counsel C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Mark Chernis director 2315 BROADWAY, NEW YORK NY 10024
Paul S Lalljie officer: Chief Financial Officer 7900 HARKINS ROAD, LANHAM MD 20706
John M Larson director 2895 GREENSPOINT PARKWAY, SUITE 600, HOFFMAN ESTATES IL 60195
Robert M Stavis director 211 HOMMOCKS ROAD, LARCHMONT NY 10538
John B. Ellis officer: Chief Accounting Officer THREE GLENLAKE PKWY., ATLANTA GA 30328
Earl Lewis director C/O 2U, INC., 8201 CORPORATE DRIVE, LANDOVER MD 20785
Timothy M Haley director 3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025