Tandem Diabetes Care (FRA:TD5A) Total Assets : €873.6 Mil (As of Dec. 2023)

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What is Tandem Diabetes Care Total Assets?

Tandem Diabetes Care's Total Assets for the quarter that ended in Dec. 2023 was €873.6 Mil.

Warning Sign:

If a company builds assets at 43.3% a year, faster than its revenue growth rate of 25.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Tandem Diabetes Care's average Total Assets Growth Rate was 11.20% per year. During the past 3 years, the average Total Assets Growth Rate was 27.90% per year. During the past 5 years, the average Total Assets Growth Rate was 43.30% per year. During the past 10 years, the average Total Assets Growth Rate was 33.10% per year.

During the past 13 years, Tandem Diabetes Care's highest 3-Year average Total Assets Growth Rate was 94.50%. The lowest was 13.00%. And the median was 34.90%.

Total Assets is connected with ROA %. Tandem Diabetes Care's annualized ROA % for the quarter that ended in Dec. 2023 was -12.55%. Total Assets is also linked to Revenue through Asset Turnover. Tandem Diabetes Care's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Tandem Diabetes Care Total Assets Historical Data

The historical data trend for Tandem Diabetes Care'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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Tandem Diabetes Care Total Assets Chart

Tandem Diabetes Care Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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293.50

588.89

801.05

993.83

873.59

Tandem Diabetes Care Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															993.83	891.17	873.78	880.70	873.59

Tandem Diabetes Care 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.

Tandem Diabetes Care'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 )
	=	287.601	+	585.987
	=	873.6

Tandem Diabetes Care's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	287.601	+	585.987
	=	873.6

Tandem Diabetes Care (FRA:TD5A) Total Assets Explanation

Total Assets is connected with ROA %.

Tandem Diabetes Care's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-110.048	/	( (880.695	+	873.587)	/ 2 )
	=	-110.048	/	877.141
	=	-12.55 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Tandem Diabetes Care's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	180.462	/	( (880.695	+	873.587)	/ 2 )
=	180.462	/	877.141
=	0.21

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.

Tandem Diabetes Care Total Assets Related Terms

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Tandem Diabetes Care (FRA:TD5A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tandem Diabetes Care Inc (FRA:TD5A) » Definitions » Total Assets

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TNDM:USA

Address

11075 Roselle Street, San Diego, CA, USA, 92121

Website

https://www.tandemdiabetes.com

Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. Nearly three quarters of total revenue is derived from the U.S., with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.

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