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TECX (Tectonic Therapeutic) Total Assets : $152.91 Mil (As of Dec. 2024)


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What is Tectonic Therapeutic Total Assets?

Tectonic Therapeutic's Total Assets for the quarter that ended in Dec. 2024 was $152.91 Mil.

During the past 12 months, Tectonic Therapeutic's average Total Assets Growth Rate was 9.70% per year. During the past 3 years, the average Total Assets Growth Rate was 34.30% per year.

During the past 4 years, Tectonic Therapeutic's highest 3-Year average Total Assets Growth Rate was 34.30%. The lowest was 34.30%. And the median was 34.30%.

Total Assets is connected with ROA %. Tectonic Therapeutic's annualized ROA % for the quarter that ended in Dec. 2024 was -30.78%. Total Assets is also linked to Revenue through Asset Turnover. Tectonic Therapeutic's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Tectonic Therapeutic Total Assets Historical Data

The historical data trend for Tectonic Therapeutic'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.

Tectonic Therapeutic Total Assets Chart

Tectonic Therapeutic Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Total Assets
32.88 47.21 39.40 152.91

Tectonic Therapeutic Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial 15.78 39.40 193.91 168.72 152.91

Tectonic Therapeutic 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.

Tectonic Therapeutic's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=140.776+12.129
=152.91

Tectonic Therapeutic's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=140.776+12.129
=152.91

* 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.

Tectonic Therapeutic  (NAS:TECX) Total Assets Explanation

Total Assets is connected with ROA %.

Tectonic Therapeutic's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-49.492/( (168.717+152.905)/ 2 )
=-49.492/160.811
=-30.78 %

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

Tectonic Therapeutic's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (168.717+152.905)/ 2 )
=0/160.811
=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.

Tectonic Therapeutic Total Assets Related Terms

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Tectonic Therapeutic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tectonic Therapeutic Inc (NAS:TECX) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
490 Arsenal Way, Suite 210, Watertown, MA, USA, 02472
Website
https://www.tectonictx.com
Tectonic Therapeutic Inc is a biotechnology company focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of GPCRs. Its technology platform called GEODe, Tectonic is focused on developing biologic medicines that overcome the existing challenges of GPCR-targeted drug discovery to modify the course of disease.