Precision BioSciences (FRA:PBS0) Total Assets : €169.96 Mil (As of Mar. 2024)

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What is Precision BioSciences Total Assets?

Precision BioSciences's Total Assets for the quarter that ended in Mar. 2024 was €169.96 Mil.

During the past 12 months, Precision BioSciences's average Total Assets Growth Rate was -11.30% per year. During the past 3 years, the average Total Assets Growth Rate was -10.60% per year. During the past 5 years, the average Total Assets Growth Rate was 2.20% per year.

During the past 7 years, Precision BioSciences's highest 3-Year average Total Assets Growth Rate was 82.80%. The lowest was -10.60%. And the median was 10.25%.

Total Assets is connected with ROA %. Precision BioSciences's annualized ROA % for the quarter that ended in Mar. 2024 was 19.97%. Total Assets is also linked to Revenue through Asset Turnover. Precision BioSciences's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Precision BioSciences Total Assets Historical Data

The historical data trend for Precision BioSciences'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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Precision BioSciences Total Assets Chart

Precision BioSciences Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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211.71

123.43

187.18

224.83

146.52

Precision BioSciences Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															191.01	167.71	153.99	146.52	169.96

Precision BioSciences 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.

Precision BioSciences'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 )
	=	17.296	+	129.224
	=	146.52

Precision BioSciences'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 )
	=	34.23	+	135.732
	=	169.96

Precision BioSciences (FRA:PBS0) Total Assets Explanation

Total Assets is connected with ROA %.

Precision BioSciences'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 )
	=	31.604	/	( (146.519	+	169.962)	/ 2 )
	=	31.604	/	158.2405
	=	19.97 %

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.

Precision BioSciences'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 )
=	16.177	/	( (146.519	+	169.962)	/ 2 )
=	16.177	/	158.2405
=	0.10

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.

Precision BioSciences Total Assets Related Terms

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Precision BioSciences (FRA:PBS0) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Precision BioSciences Inc (FRA:PBS0) » Definitions » Total Assets

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DTIL:USA

Address

302 East Pettigrew Street, Dibrell Building, Suite A-100, Durham, NC, USA, 27701

Website

https://www.precisionbiosciences.com

Precision BioSciences Inc is a genome editing company dedicated to improving life through its genome editing platform, ARCUS. It leverages ARCUS in the development of its product candidates, which are designed to treat human diseases and provide food and agricultural solutions. ARCUS is also unique in its relatively small size which potentially allows delivery to a wider range of cells and tissues using viral and non-viral gene delivery methods.

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