Sphere Medical Holding (LSE:SPHR) Total Assets : £6.97 Mil (As of Dec. 2016)

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What is Sphere Medical Holding Total Assets?

Sphere Medical Holding's Total Assets for the quarter that ended in Dec. 2016 was £6.97 Mil.

During the past 12 months, Sphere Medical Holding's average Total Assets Growth Rate was 146.70% per year. During the past 3 years, the average Total Assets Growth Rate was 117.50% per year. During the past 5 years, the average Total Assets Growth Rate was 57.30% per year.

During the past 9 years, Sphere Medical Holding's highest 3-Year average Total Assets Growth Rate was 117.50%. The lowest was -22.30%. And the median was 15.70%.

Total Assets is connected with ROA %. Sphere Medical Holding's annualized ROA % for the quarter that ended in Dec. 2016 was -60.16%. Total Assets is also linked to Revenue through Asset Turnover. Sphere Medical Holding's Asset Turnover for the quarter that ended in Dec. 2016 was 0.00.

Sphere Medical Holding Total Assets Historical Data

The historical data trend for Sphere Medical Holding'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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Sphere Medical Holding Total Assets Chart

Sphere Medical Holding Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Assets

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5.85

9.61

4.24

11.54

6.97

Sphere Medical Holding Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Total Assets	Get a 7-Day Free Trial						4.24	13.32	11.54	9.46	6.97

Sphere Medical Holding 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.

Sphere Medical Holding's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets	=	Total Equity (A: Dec. 2016 )	+	Total Liabilities (A: Dec. 2016 )
	=	6.209	+	0.757
	=	6.97

Sphere Medical Holding's Total Assets for the quarter that ended in Dec. 2016 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2016 )	+	Total Liabilities (Q: Dec. 2016 )
	=	6.209	+	0.757
	=	6.97

Sphere Medical Holding (LSE:SPHR) Total Assets Explanation

Total Assets is connected with ROA %.

Sphere Medical Holding's annualized ROA % for the quarter that ended in Dec. 2016 is

ROA %	=	Net Income (Q: Dec. 2016 )	/	( (Total Assets (Q: Jun. 2016 )	+	Total Assets (Q: Dec. 2016 ))	/ count )
	=	-4.942	/	( (9.464	+	6.966)	/ 2 )
	=	-4.942	/	8.215
	=	-60.16 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2016) 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.

Sphere Medical Holding's Asset Turnover for the quarter that ended in Dec. 2016 is

	Asset Turnover
=	Revenue (Q: Dec. 2016 )	/	( (Total Assets (Q: Jun. 2016 )	+	Total Assets (Q: Dec. 2016 ))	/ count )
=	0.024	/	( (9.464	+	6.966)	/ 2 )
=	0.024	/	8.215
=	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.

Sphere Medical Holding Total Assets Related Terms

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Sphere Medical Holding (LSE:SPHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sphere Medical Holding PLC (LSE:SPHR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Harston Mill, Harston, Cambridge, GBR, CB22 7GG

Website

http://www.spheremedical.com

Sphere Medical Holding Ltd is a UK-based company which is engaged in research and development, manufacturing and sale of medical monitoring and diagnostic equipment within the medical device area. It focuses on developing the Proxima platform for measuring blood gases, electrolytes and metabolites. Proxima is an in-line patient dedicated arterial blood analyser which supports frequent measurements at critical times. It markets its product (Proxima) to critical care market which includes ICU (Intensive Care Unit) and OR (Operating Room). The company's products are used in medical applications, enabling faster clinical decision-making and improved patient outcomes. It operates is business in single reporting segment of Medical devices. Most of the company's revenue comes from Europe.