UTRS (Minerva Surgical) Total Assets: $72.79 Mil (As of Sep. 2023)


What is Minerva Surgical Total Assets?

Minerva Surgical UTRS -99.00% Total Assets is $72.79 Mil as of Sep. 2023.

Minerva Surgical's Total Assets for the quarter that ended in Sep. 2023 was $72.79 Mil.

Total Assets is connected with ROA %. Minerva Surgical's annualized ROA % for the quarter that ended in Sep. 2023 was -37.77%. Total Assets is also linked to Revenue through Asset Turnover. Minerva Surgical's Asset Turnover for the quarter that ended in Sep. 2023 was 0.16.

Minerva Surgical  (OTCPK:UTRS) Total Assets Explanation

Total Assets is connected with ROA %.

Minerva Surgical's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-28.724/( (79.303+72.785)/ 2 )
=-28.724/76.044
=-37.77 %

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

Minerva Surgical's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=11.965/( (79.303+72.785)/ 2 )
=11.965/76.044
=0.16

* 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.

Minerva Surgical Total Assets Related Terms

Minerva Surgical Total Assets Historical Data

* Premium members only.

The historical data trend for Minerva Surgical'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.

Minerva Surgical Total Assets Chart

Minerva Surgical Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Assets
46.68 92.05 115.09 68.90

Minerva Surgical Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.80 68.90 85.17 79.30 72.79

Minerva Surgical 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.

Minerva Surgical'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 )
=17.181+51.719
=68.90

Minerva Surgical's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=20.255+52.53
=72.79

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $72.79 Mil mean?
Minerva Surgical (UTRS) has a Total Assets of $72.79 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Minerva Surgical and its competitors.
Is Minerva Surgical's Total Assets too high?
Minerva Surgical's current Total Assets is $72.79 Mil.
How does Minerva Surgical's Total Assets compare to PAVM and ELUT?
Minerva Surgical's Total Assets of $72.79 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Medical Devices & Instruments company?
A good Total Assets depends on the Medical Devices & Instruments industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Minerva Surgical and its competitors. Minerva Surgical's current Total Assets is $72.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Surgical stock overvalued right now?
Minerva Surgical (UTRS) has a current Total Assets of $72.79 Mil. The current Total Assets is $72.79 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Minerva Surgical (UTRS), the current Total Assets is $72.79 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Minerva Surgical Business Description

Address 4255 Burton Drive, Santa Clara, CA, USA, 95054
Minerva Surgical Inc is a medical device company that develops therapeutic devices that treat abnormal uterine bleeding in a minimally invasive manner. The Company operates and manages its business as one reportable and operating segment, which is the business of research, development, and sale of therapeutic devices for abnormal uterine bleeding treatment.