Tenable Holdings (LTS:0ZC0) Total Assets : $1,634.4 Mil (As of Sep. 2024)

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What is Tenable Holdings Total Assets?

Tenable Holdings's Total Assets for the quarter that ended in Sep. 2024 was $1,634.4 Mil.

Warning Sign:

If a company builds assets at 43.6% a year, faster than its revenue growth rate of 10% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Tenable Holdings's average Total Assets Growth Rate was 30.60% per year. During the past 3 years, the average Total Assets Growth Rate was 41.60% per year. During the past 5 years, the average Total Assets Growth Rate was 43.60% per year.

During the past 8 years, Tenable Holdings's highest 3-Year average Total Assets Growth Rate was 69.60%. The lowest was 36.00%. And the median was 42.70%.

Total Assets is connected with ROA %. Tenable Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was -2.30%. Total Assets is also linked to Revenue through Asset Turnover. Tenable Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.14.

Tenable Holdings Total Assets Historical Data

The historical data trend for Tenable 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.

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Tenable Holdings Total Assets Chart

Tenable Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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558.61

690.59

1,248.82

1,439.53

1,606.87

Tenable Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															1,524.45	1,606.87	1,567.02	1,576.35	1,634.42

Tenable 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.

Tenable 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 )
	=	346.344	+	1260.527
	=	1,606.9

Tenable Holdings's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	404.555	+	1229.864
	=	1,634.4

Tenable Holdings (LTS:0ZC0) Total Assets Explanation

Total Assets is connected with ROA %.

Tenable Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-36.844	/	( (1576.349	+	1634.419)	/ 2 )
	=	-36.844	/	1605.384
	=	-2.30 %

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

Tenable Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	227.088	/	( (1576.349	+	1634.419)	/ 2 )
=	227.088	/	1605.384
=	0.14

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.

Tenable Holdings Total Assets Related Terms

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Tenable Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tenable Holdings Inc (LTS:0ZC0) » Definitions » Total Assets

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Traded in Other Exchanges

TENB:USA TENB:Mexico

Address

6100 Merriweather Drive, Columbia, MD, USA, 21044

Website

https://www.tenable.com

Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.

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