Inotiv (STU:BS50) Total Assets : €750.1 Mil (As of Mar. 2024)

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What is Inotiv Total Assets?

Inotiv's Total Assets for the quarter that ended in Mar. 2024 was €750.1 Mil.

Warning Sign:

If a company builds assets at 116% a year, faster than its revenue growth rate of 54.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Inotiv's average Total Assets Growth Rate was -7.30% per year. During the past 3 years, the average Total Assets Growth Rate was 138.90% per year. During the past 5 years, the average Total Assets Growth Rate was 116.00% per year. During the past 10 years, the average Total Assets Growth Rate was 45.90% per year.

During the past 13 years, Inotiv's highest 3-Year average Total Assets Growth Rate was 183.70%. The lowest was -10.30%. And the median was 3.50%.

Total Assets is connected with ROA %. Inotiv's annualized ROA % for the quarter that ended in Mar. 2024 was -23.34%. Total Assets is also linked to Revenue through Asset Turnover. Inotiv's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Inotiv Total Assets Historical Data

The historical data trend for Inotiv'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.

Inotiv Total Assets Chart

Inotiv Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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38.12

52.29

273.58

972.53

802.57

Inotiv Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															811.33	789.01	802.57	766.16	750.15

Inotiv 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.

Inotiv's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	251.575	+	550.993
	=	802.6

Inotiv's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	190.589	+	559.559
	=	750.1

Inotiv (STU:BS50) Total Assets Explanation

Total Assets is connected with ROA %.

Inotiv's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-176.932	/	( (766.163	+	750.148)	/ 2 )
	=	-176.932	/	758.1555
	=	-23.34 %

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

Inotiv's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	109.512	/	( (766.163	+	750.148)	/ 2 )
=	109.512	/	758.1555
=	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.

Inotiv Total Assets Related Terms

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Inotiv (STU:BS50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Inotiv Inc (STU:BS50) » Definitions » Total Assets

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Traded in Other Exchanges

NOTV:USA

Address

2701 Kent Avenue, West Lafayette, IN, USA, 47906

Website

https://www.inotivco.com

Inotiv Inc is a pharmaceutical development company specializing in nonclinical and analytical drug discovery and development services to the pharmaceutical, chemical, and medical device industries. It operates in two segments; Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). Through the DSA segment, it supports the discovery, nonclinical development, and clinical development needs of researchers and clinicians for small molecule drug candidates, as well as biotherapeutics and biomedical devices. Through the RMS segment, it offers access to a wide range of small and large research models for basic research and drug discovery and development, as well as specialized models for specific diseases and therapeutic areas. It earns maximum revenue from RMS Segment.

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