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Ginkgo Bioworks Holdings (Ginkgo Bioworks Holdings) Total Assets : $1,581.76 Mil (As of Mar. 2024)


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What is Ginkgo Bioworks Holdings Total Assets?

Ginkgo Bioworks Holdings's Total Assets for the quarter that ended in Mar. 2024 was $1,581.76 Mil.

During the past 12 months, Ginkgo Bioworks Holdings's average Total Assets Growth Rate was -38.80% per year. During the past 3 years, the average Total Assets Growth Rate was 34.80% per year.

During the past 5 years, Ginkgo Bioworks Holdings's highest 3-Year average Total Assets Growth Rate was 34.80%. The lowest was 34.80%. And the median was 34.80%.

Total Assets is connected with ROA %. Ginkgo Bioworks Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -40.88%. Total Assets is also linked to Revenue through Asset Turnover. Ginkgo Bioworks Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.


Ginkgo Bioworks Holdings Total Assets Historical Data

The historical data trend for Ginkgo Bioworks Holdings'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.

Ginkgo Bioworks Holdings Total Assets Chart

Ginkgo Bioworks Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
- 675.15 2,070.99 2,539.32 1,665.34

Ginkgo Bioworks Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,417.21 2,292.00 2,026.39 1,665.34 1,581.76

Ginkgo Bioworks Holdings 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.

Ginkgo Bioworks Holdings'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 )
=1097.152+568.19
=1,665.34

Ginkgo Bioworks Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=987.27+594.491
=1,581.76

* 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.


Ginkgo Bioworks Holdings  (NYSE:DNA.WS) Total Assets Explanation

Total Assets is connected with ROA %.

Ginkgo Bioworks Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-663.644/( (1665.342+1581.761)/ 2 )
=-663.644/1623.5515
=-40.88 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Ginkgo Bioworks Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=37.944/( (1665.342+1581.761)/ 2 )
=37.944/1623.5515
=0.02

* 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.

Ginkgo Bioworks Holdings Total Assets Related Terms

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Ginkgo Bioworks Holdings (Ginkgo Bioworks Holdings) Business Description

Traded in Other Exchanges
Address
27 Drydock Avenue, 8th Floor, Boston, MA, USA, 02210
Ginkgo Bioworks Holdings Inc is the platform for cell programming, providing flexible, end-to-end services that solve challenges for organizations across diverse markets, from food and agriculture to pharmaceuticals to industrial and specialty chemicals. The Company reorganized its operations into two operating and reportable segments: Foundry and Biosecurity. The Biosecurity segment generates the majority of revenue.