BIEI (Premier Biomedical) Total Assets: $0.10 Mil (As of Dec. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Premier Biomedical Total Assets?

Premier Biomedical BIEI Total Assets is $0.10 Mil as of Dec. 2019.

Premier Biomedical's Total Assets for the quarter that ended in Dec. 2019 was $0.10 Mil.

Total Assets is connected with ROA %. Premier Biomedical's annualized ROA % for the quarter that ended in Dec. 2019 was -94.77%. Total Assets is also linked to Revenue through Asset Turnover. Premier Biomedical's Asset Turnover for the quarter that ended in Dec. 2019 was 0.01.


Premier Biomedical  (OTCPK:BIEI) Total Assets Explanation

Total Assets is connected with ROA %.

Premier Biomedical's annualized ROA % for the quarter that ended in Dec. 2019 is

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=-0.136/( (0.186+0.101)/ 2 )
=-0.136/0.1435
=-94.77 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) 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.

Premier Biomedical's Asset Turnover for the quarter that ended in Dec. 2019 is

Asset Turnover
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=0.001/( (0.186+0.101)/ 2 )
=0.001/0.1435
=0.01

* 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.

Premier Biomedical Total Assets Related Terms


Premier Biomedical Total Assets Historical Data

* Premium members only.

The historical data trend for Premier Biomedical'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.

Premier Biomedical Total Assets Chart

Premier Biomedical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.05 0.04 0.21 0.17 0.10

Premier Biomedical Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.17 0.16 0.16 0.19 0.10

Premier Biomedical 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.

Premier Biomedical's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=-1.833+1.934
=0.10

Premier Biomedical's Total Assets for the quarter that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (Q: Dec. 2019 )+Total Liabilities (Q: Dec. 2019 )
=-1.833+1.934
=0.10

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.10 Mil mean?
Premier Biomedical (BIEI) has a Total Assets of $0.10 Mil as of Dec. 2019. The total amount of assets as recorded on a company's balance sheet. View historical data on Premier Biomedical and its competitors.
Is Premier Biomedical's Total Assets too high?
Premier Biomedical's current Total Assets is $0.10 Mil.
How does Premier Biomedical's Total Assets compare to PTXTQ and STNN?
Premier Biomedical's Total Assets of $0.10 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Drug Manufacturers company?
A good Total Assets depends on the Drug Manufacturers industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Premier Biomedical and its competitors. Premier Biomedical's current Total Assets is $0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Biomedical stock overvalued right now?
Premier Biomedical (BIEI) has a current Total Assets of $0.10 Mil. The current Total Assets is $0.10 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Premier Biomedical (BIEI), the current Total Assets is $0.10 Mil as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Premier Biomedical Business Description

Address 1150 S. 8th Street, El Centro, CA, USA, 92243
Premier Biomedical Inc is engaged in a hemp based initiative, developing graphene enhanced formulations for a myriad of commercial and military applications and complementing new EV battery technology.