SURF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SURF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Surface Oncology's Total Assets for the quarter that ended in Jun. 2023 was $66.01 Mil.
During the past 12 months, Surface Oncology's average Total Assets Growth Rate was -73.90% per year. During the past 3 years, the average Total Assets Growth Rate was 9.80% per year. During the past 5 years, the average Total Assets Growth Rate was 20.10% per year.
During the past 7 years, Surface Oncology's highest 3-Year average Total Assets Growth Rate was 34.10%. The lowest was 9.80%. And the median was 22.05%.
Total Assets is connected with ROA %. Surface Oncology's annualized ROA % for the quarter that ended in Jun. 2023 was -111.09%. Total Assets is also linked to Revenue through Asset Turnover. Surface Oncology's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.
The historical data trend for Surface Oncology'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.
Surface Oncology Annual Data | ||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||
Total Assets | Get a 7-Day Free Trial | 174.07 | 131.69 | 217.14 | 190.85 | 159.91 |
Surface Oncology Quarterly Data | ||||||||||||||||||||
Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Total Assets | Get a 7-Day Free Trial | 193.98 | 181.62 | 159.91 | 137.01 | 66.01 |
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.
Surface Oncology's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
Total Assets | = | Total Equity (A: Dec. 2022 ) | + | Total Liabilities (A: Dec. 2022 ) |
= | 93.403 | + | 66.507 | |
= | 159.91 |
Surface Oncology's Total Assets for the quarter that ended in Jun. 2023 is calculated as
Total Assets | = | Total Equity (Q: Jun. 2023 ) | + | Total Liabilities (Q: Jun. 2023 ) |
= | 49.178 | + | 16.828 | |
= | 66.01 |
* 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.
Surface Oncology (NAS:SURF) Total Assets Explanation
Total Assets is connected with ROA %.
Surface Oncology's annualized ROA % for the quarter that ended in Jun. 2023 is
ROA % | = | Net Income (Q: Jun. 2023 ) | / | ( (Total Assets (Q: Mar. 2023 ) | + | Total Assets (Q: Jun. 2023 )) | / count ) |
= | -112.768 | / | ( (137.008 | + | 66.006) | / 2 ) | |
= | -112.768 | / | 101.507 | ||||
= | -111.09 % |
Note: The Net Income data used here is four times the quarterly (Jun. 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.
Surface Oncology's Asset Turnover for the quarter that ended in Jun. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Jun. 2023 ) | / | ( (Total Assets (Q: Mar. 2023 ) | + | Total Assets (Q: Jun. 2023 )) | / count ) |
= | 0 | / | ( (137.008 | + | 66.006) | / 2 ) |
= | 0 | / | 101.507 | |||
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of Surface Oncology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Chandra Adams | officer: Deputy GC | SURFACE ONCOLOGY, INC., 50 HAMPSHIRE STREET, 8TH FLOOR, CAMBRIDGE MA 02139 |
Alison Oneill | officer: Chief Medical Officer | |
Jessica Fees | officer: See Remarks | C/O SURFACE ONCOLOGY, ICN., 50 HAMPSHIRE STREET 8TH FLOOR, CAMBRIDGE MA 02139 |
Robert W. Ross | officer: Chief Medical Officer | C/O SURFACE ONCOLOGY, 50 HAMPSHIRE ST., 8TH FLOOR, CAMBRIDGE MA 02139 |
Henry C. Rath | officer: Chief Business Officer | C/O SURFACE ONCOLOGY, INC., 50 HAMPSHIRE STREET 8TH FL, CAMBRIDGE MA 02139 |
Vito J. Palombella | officer: Chief Scientific Officer | 780 MEMORIAL DRIVE, CAMBRIDGE MA 02139 |
Carsten Brunn | director | C/O SELECTA BIOSCIENCES, INC., 480 ARSENAL WAY, WATERTOWN MA 02472 |
Theresa Boni | officer: General Counsel | C/O SURFACE ONCOLOGY, INC., 50 HAMPSHIRE STREET, 8TH FLOOR, CAMBRIDGE MA 02139 |
Benjamin Hickey | director | C/O MIRATI THERAPEUTICS, 9393 TOWNE CENTRE DRIVE SUITE 200, SAN DIEGO CA 92121 |
Liisa I Nogelo | officer: General Counsel | C/O SURFACE ONCOLOGY, INC., 50 HAMPSHIRE STREET 8TH FLOOR, CAMBRIDGE MA 02139 |
Jeff Goater | director, officer: Chief Executive Officer | C/O SURFACE ONCOLOGY, INC., 50 HAMPSHIRE STREET, 8TH FLOOR, CAMBRIDGE MA 02139 |
Denice Torres | director | 3 RABBIT RUN DRIVE, NEW HOPE PA 18938 |
David S. Grayzel | director | C/O SURFACE ONCOLOGY, 50 HAMPSHIRE ST., 8TH FLOOR, CAMBRIDGE MA 02139 |
Atlas Venture Associates Ix, L.p. | 10 percent owner | 46 WAREHAM STREET, FLOOR 3, BOSTON MA 02118 |
Atlas Venture Associates Ix, Llc | 10 percent owner | 56 WAREHAM STREET, FLOOR 3, BOSTON MA 02118 |
From GuruFocus
By sperokesalga sperokesalga • 05-04-2023
By Value_Insider Value_Insider • 10-19-2022
By PRNewswire PRNewswire • 06-16-2023
By Business Wire Business Wire • 06-21-2023
By PurpleRose PurpleRose • 08-03-2022
By sperokesalga sperokesalga • 04-18-2023
By PRNewswire • 08-29-2023
By GuruFocusNews GuruFocusNews • 07-08-2022
By Business Wire • 08-07-2023
By sperokesalga sperokesalga • 06-16-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.