Sensus Healthcare (Sensus Healthcare) Total Assets : $53.71 Mil (As of Dec. 2023)

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What is Sensus Healthcare Total Assets?

Sensus Healthcare's Total Assets for the quarter that ended in Dec. 2023 was $53.71 Mil.

Warning Sign:

If a company builds assets at 12.5% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Sensus Healthcare's average Total Assets Growth Rate was -2.10% per year. During the past 3 years, the average Total Assets Growth Rate was 32.60% per year. During the past 5 years, the average Total Assets Growth Rate was 12.50% per year.

During the past 11 years, Sensus Healthcare's highest 3-Year average Total Assets Growth Rate was 57.50%. The lowest was -0.30%. And the median was 32.60%.

Total Assets is connected with ROA %. Sensus Healthcare's annualized ROA % for the quarter that ended in Dec. 2023 was 32.31%. Total Assets is also linked to Revenue through Asset Turnover. Sensus Healthcare's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.

Sensus Healthcare Total Assets Historical Data

The historical data trend for Sensus Healthcare'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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Sensus Healthcare Total Assets Chart

Sensus Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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36.93

28.01

32.24

56.74

53.71

Sensus Healthcare 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															56.74	53.40	52.02	50.55	53.71

Sensus Healthcare 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.

Sensus Healthcare'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 )
	=	48.842	+	4.868
	=	53.71

Sensus Healthcare'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 )
	=	48.842	+	4.868
	=	53.71

Sensus Healthcare (NAS:SRTSU) Total Assets Explanation

Total Assets is connected with ROA %.

Sensus Healthcare'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 )
	=	16.84	/	( (50.546	+	53.71)	/ 2 )
	=	16.84	/	52.128
	=	32.31 %

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.

Sensus Healthcare'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 )
=	12.567	/	( (50.546	+	53.71)	/ 2 )
=	12.567	/	52.128
=	0.24

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.

Sensus Healthcare Total Assets Related Terms

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Sensus Healthcare (Sensus Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sensus Healthcare Inc (NAS:SRTSU) » Definitions » Total Assets

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SRTS:USA 5TX:Germany

Address

851 Broken Sound Parkway, NW, Suite 215, Boca Raton, FL, USA, 33487

Website

https://www.sensushealthcare.com

Sensus Healthcare Inc is engaged in manufacturing a superficial radiotherapy system. These devices are used for treating skin cancers including basal cell and squamous cell skin cancers and other skin conditions such as keloids. Its product includes SRT-100, SRT-100 vision, and a sentinel service program. The company's revenue is generated majorly from customers in the United States.