Coherus BioSciences (FRA:8C5) Total Assets : €702.5 Mil (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Coherus BioSciences Total Assets?

Coherus BioSciences's Total Assets for the quarter that ended in Mar. 2024 was €702.5 Mil.

During the past 12 months, Coherus BioSciences's average Total Assets Growth Rate was 83.60% per year. During the past 3 years, the average Total Assets Growth Rate was 19.40% per year. During the past 5 years, the average Total Assets Growth Rate was 54.50% per year. During the past 10 years, the average Total Assets Growth Rate was 42.80% per year.

During the past 12 years, Coherus BioSciences's highest 3-Year average Total Assets Growth Rate was 113.00%. The lowest was -20.60%. And the median was 62.90%.

Total Assets is connected with ROA %. Coherus BioSciences's annualized ROA % for the quarter that ended in Mar. 2024 was 59.16%. Total Assets is also linked to Revenue through Asset Turnover. Coherus BioSciences's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Coherus BioSciences Total Assets Historical Data

The historical data trend for Coherus BioSciences'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.

Coherus BioSciences Total Assets Chart

Coherus BioSciences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

368.03

691.84

601.21

453.92

577.35

Coherus BioSciences 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															375.87	433.43	547.01	577.35	702.46

Coherus BioSciences 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.

Coherus BioSciences's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	-177.371	+	754.718
	=	577.3

Coherus BioSciences'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 )
	=	-75.296	+	777.758
	=	702.5

Coherus BioSciences (FRA:8C5) Total Assets Explanation

Total Assets is connected with ROA %.

Coherus BioSciences'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 )
	=	378.58	/	( (577.347	+	702.461)	/ 2 )
	=	378.58	/	639.904
	=	59.16 %

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.

Coherus BioSciences'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 )
=	70.898	/	( (577.347	+	702.461)	/ 2 )
=	70.898	/	639.904
=	0.11

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.

Coherus BioSciences Total Assets Related Terms

Thank you for viewing the detailed overview of Coherus BioSciences's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Coherus BioSciences (FRA:8C5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Coherus BioSciences Inc (FRA:8C5) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CHRS:USA

Address

333 Twin Dolphin Drive, Suite 600, Redwood City, CA, USA, 94065

Website

https://www.coherus.com

Coherus BioSciences Inc is a commercial-stage biopharmaceutical company building an innovative immuno-oncology franchise funded with cash generated by its diversified portfolio of FDA-approved therapeutics. Toripalimab is being evaluated in pivotal clinical trials for the treatment of cancers of the lung, breast, liver, skin, kidney, stomach, esophagus, and bladder. The company markets UDENYCA, a biosimilar of Neulasta in the United States, and expects to launch the FDA-approved Humira biosimilar YUSIMRY in the United States in 2023. The company is also developing CHS-305, a biosimilar of Avastin. The company generates revenue primarily from the United States.

Coherus BioSciences (FRA:8C5) Headlines

No Headlines