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Candela Medical (Candela Medical) Total Assets : $540.2 Mil (As of Jun. 2021)


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What is Candela Medical Total Assets?

Candela Medical's Total Assets for the quarter that ended in Jun. 2021 was $540.2 Mil.

Total Assets is connected with ROA %. Candela Medical's annualized ROA % for the quarter that ended in Jun. 2021 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Candela Medical's Asset Turnover for the quarter that ended in Jun. 2021 was 0.00.


Candela Medical Total Assets Historical Data

The historical data trend for Candela Medical'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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Candela Medical Total Assets Chart

Candela Medical Annual Data
Trend Dec19 Dec20
Total Assets
526.51 532.88

Candela Medical Quarterly Data
Dec19 Dec20 Jun21
Total Assets 526.51 532.88 540.21

Candela Medical 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.

Candela Medical's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=262.529+270.348
=532.9

Candela Medical's Total Assets for the quarter that ended in Jun. 2021 is calculated as

Total Assets=Total Equity (Q: Jun. 2021 )+Total Liabilities (Q: Jun. 2021 )
=276.834+263.378
=540.2

* 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.


Candela Medical  (NAS:CDLA) Total Assets Explanation

Total Assets is connected with ROA %.

Candela Medical's annualized ROA % for the quarter that ended in Jun. 2021 is

ROA %=Net Income (Q: Jun. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Jun. 2021 ))/ count )
=0/( (532.877+540.212)/ 2 )
=0/536.5445
=0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Candela Medical's Asset Turnover for the quarter that ended in Jun. 2021 is

Asset Turnover
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Jun. 2021 ))/ count )
=0/( (532.877+540.212)/ 2 )
=0/536.5445
=0.00

* 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.

Candela Medical Total Assets Related Terms

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Candela Medical (Candela Medical) Business Description

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