Staar Surgical Co's Total Assets for the quarter that ended in Dec. 2023 was $488.7 Mil.
Warning Sign:
If a company builds assets at 33.5% a year, faster than its revenue growth rate of 20.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Staar Surgical Co's average Total Assets Growth Rate was 29.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 36.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 33.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.90% per year.
During the past 13 years, Staar Surgical Co's highest 3-Year average Total Assets Growth Rate was 53.50%. The lowest was -23.70%. And the median was 9.50%.
The historical data trend for Staar Surgical Co'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.
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.
Staar Surgical Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Staar Surgical Co (NAS:STAA) Total Assets Explanation
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.
Staar Surgical Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
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.
Staar Surgical Co Total Assets Related Terms
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Staar Surgical Co (Staar Surgical Co) Business Description
Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.
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