Shockwave Medical's Total Assets for the quarter that ended in Dec. 2023 was $1,566.6 Mil.
During the past 12 months, Shockwave Medical's average Total Assets Growth Rate was 68.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 102.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 110.80% per year.
During the past 7 years, Shockwave Medical's highest 3-Year average Total Assets Growth Rate was 132.10%. The lowest was 102.20%. And the median was 114.80%.
The historical data trend for Shockwave Medical'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.
Shockwave Medical'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.
Shockwave Medical (NAS:SWAV) 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.
Shockwave Medical'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.
Shockwave Medical Total Assets Related Terms
Thank you for viewing the detailed overview of Shockwave Medical's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Shockwave Medical (Shockwave Medical) Business Description
ShockWave Medical Inc is a medical device company focused on developing and commercializing products intended to transform the way calcified cardiovascular disease is treated. Its intravascular lithotripsy technology is used in the treatment of calcified plaque. Geographically, the company generates its revenue from the United States, Europe and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SWAV has been successfully added to your 