STSS (Sharps Technology) Total Assets : $11.25 Mil (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Sharps Technology Total Assets?

Sharps Technology's Total Assets for the quarter that ended in Sep. 2024 was $11.25 Mil.

During the past 12 months, Sharps Technology's average Total Assets Growth Rate was -0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 170.80% per year.

During the past 4 years, Sharps Technology's highest 3-Year average Total Assets Growth Rate was 170.80%. The lowest was 170.80%. And the median was 170.80%.

Total Assets is connected with ROA %. Sharps Technology's annualized ROA % for the quarter that ended in Sep. 2024 was -63.63%. Total Assets is also linked to Revenue through Asset Turnover. Sharps Technology's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Sharps Technology Total Assets Historical Data

The historical data trend for Sharps Technology'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.

* Premium members only.

Sharps Technology Total Assets Chart

Sharps Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

2.23

5.90

11.84

11.79

Sharps Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial											14.37	11.79	9.80	9.93	11.25

Sharps Technology 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.

Sharps Technology'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 )
	=	7.934	+	3.855
	=	11.79

Sharps Technology'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 )
	=	6.506	+	4.748
	=	11.25

Sharps Technology (NAS:STSS) Total Assets Explanation

Total Assets is connected with ROA %.

Sharps Technology'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 )
	=	-6.74	/	( (9.932	+	11.254)	/ 2 )
	=	-6.74	/	10.593
	=	-63.63 %

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.

Sharps Technology'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 )
=	0	/	( (9.932	+	11.254)	/ 2 )
=	0	/	10.593
=	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.

Sharps Technology Total Assets Related Terms

Thank you for viewing the detailed overview of Sharps Technology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sharps Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sharps Technology Inc (NAS:STSS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Maxess Road, Suite 124, Melville, NY, USA, 11747

Website

https://www.sharpstechnology.com

Sharps Technology Inc is a medical device company. It offers syringes and other safety products. Sharps provensa, Securgard, and Sologard are ultra-low waste smart safety syringes are designed to eliminate potentially infectious and accidental needlestick injuries.

Executives

Robert Michael Hayes	director, officer: Chief Executive Officer	75 BROOKSHIRE DRIVE, YOUNGSVILLE NC 27596
Andrew R. Crescenzo	officer: Chief Financial Officer	C/O ENZO BIOCHEM, 527 MADISON AVENUE, NEW YORK NY 10022
Timothy James Ruemler	director	3311 RIVERPARK CT., BENITA SPRINGS FL 34134
Alan R. Blackman	director, officer: CIO and COO	11502 ROBLES DR. REPP PLACE, TEMPLE TERRACE FL 33617
Paul K Danner	director
Soren Bo Christiansen	director	4059 SPRING VALLEY ROAD, DOYLESTOWN PA 18902
Brenda Baird Simpson	director	7336 PRAIRIE STAR COURT,, PARKER CO 80134
Jason L. Monroe	director	14527 LINDALE ROSE LANE, HUMBLE TX 77379
Barry Boris Berler	officer: CTO and Inventor	77 HERZL STREET, RAMAT GAN L3 5244352