Arena Pharmaceuticals (FRA:RN3N) Total Assets : €694.46 Mil (As of Dec. 2021)

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What is Arena Pharmaceuticals Total Assets?

Arena Pharmaceuticals's Total Assets for the quarter that ended in Dec. 2021 was €694.46 Mil.

During the past 12 months, Arena Pharmaceuticals's average Total Assets Growth Rate was 170.20% per year. During the past 3 years, the average Total Assets Growth Rate was -1.00% per year. During the past 5 years, the average Total Assets Growth Rate was 18.30% per year. During the past 10 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 13 years, Arena Pharmaceuticals's highest 3-Year average Total Assets Growth Rate was 224.90%. The lowest was -12.80%. And the median was 1.60%.

Total Assets is connected with ROA %. Arena Pharmaceuticals's annualized ROA % for the quarter that ended in Dec. 2021 was -75.44%. Total Assets is also linked to Revenue through Asset Turnover. Arena Pharmaceuticals's Asset Turnover for the quarter that ended in Dec. 2021 was 0.00.

Arena Pharmaceuticals Total Assets Historical Data

The historical data trend for Arena Pharmaceuticals'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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Arena Pharmaceuticals Total Assets Chart

Arena Pharmaceuticals Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

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286.69

603.79

1,056.71

978.77

694.46

Arena Pharmaceuticals Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Total Assets	Get a 7-Day Free Trial															978.77	994.51	900.27	765.87	694.46

Arena Pharmaceuticals 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.

Arena Pharmaceuticals's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	595.815	+	98.649
	=	694.46

Arena Pharmaceuticals's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2021 )	+	Total Liabilities (Q: Dec. 2021 )
	=	595.815	+	98.649
	=	694.46

Arena Pharmaceuticals (FRA:RN3N) Total Assets Explanation

Total Assets is connected with ROA %.

Arena Pharmaceuticals's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %	=	Net Income (Q: Dec. 2021 )	/	( (Total Assets (Q: Sep. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
	=	-550.856	/	( (765.873	+	694.464)	/ 2 )
	=	-550.856	/	730.1685
	=	-75.44 %

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

Arena Pharmaceuticals's Asset Turnover for the quarter that ended in Dec. 2021 is

	Asset Turnover
=	Revenue (Q: Dec. 2021 )	/	( (Total Assets (Q: Sep. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
=	0.048	/	( (765.873	+	694.464)	/ 2 )
=	0.048	/	730.1685
=	0.00

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.

Arena Pharmaceuticals Total Assets Related Terms

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Arena Pharmaceuticals (FRA:RN3N) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Arena Pharmaceuticals Inc (FRA:RN3N) » Definitions » Total Assets

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Address

136 Heber Avenue, Suite 204, Park City, UT, USA, 84060

Website

https://www.arenapharm.com

Arena Pharmaceuticals is a biotechnology company targeting G-protein-coupled receptors. The company has one internally discovered drug, lorcaserin, which has been approved and is marketed in the U.S. and South Korea to target weight management. It is commercialized under the brand name Belviq. The company is collaborating with Eisai to market Belviq in other countries. It has a presence in Europe through its Swiss subsidiary, Arena GmbH. The company's pipeline contains drugs targeting autoimmune diseases, vascular diseases, thrombotic diseases, dementia-associated psychosis, nervous system issues, and pain.

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