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Simulations Plus's Total Assets for the quarter that ended in Feb. 2024 was $193.97 Mil.
Warning Sign:
If a company builds assets at 17% a year, faster than its revenue growth rate of 11.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Simulations Plus's average Total Assets Growth Rate was 47.70% per year. During the past 3 years, the average Total Assets Growth Rate was 10.50% per year. During the past 5 years, the average Total Assets Growth Rate was 17.00% per year. During the past 10 years, the average Total Assets Growth Rate was 24.40% per year.
During the past 13 years, Simulations Plus's highest 3-Year average Total Assets Growth Rate was 59.30%. The lowest was -15.40%. And the median was 18.00%.
Total Assets is connected with ROA %. Simulations Plus's annualized ROA % for the quarter that ended in Feb. 2024 was 8.49%. Total Assets is also linked to Revenue through Asset Turnover. Simulations Plus's Asset Turnover for the quarter that ended in Feb. 2024 was 0.10.
The historical data trend for Simulations Plus'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.
Simulations Plus Annual Data | |||||||||||||||||||||
Trend | Aug14 | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 45.20 | 168.42 | 179.98 | 188.38 | 186.10 |
Simulations Plus Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Total Assets | Get a 7-Day Free Trial | 173.20 | 179.13 | 186.10 | 185.78 | 193.97 |
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.
Simulations Plus's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as
Total Assets | = | Total Equity (A: Aug. 2023 ) | + | Total Liabilities (A: Aug. 2023 ) |
= | 170.029 | + | 16.072 | |
= | 186.10 |
Simulations Plus's Total Assets for the quarter that ended in Feb. 2024 is calculated as
Total Assets | = | Total Equity (Q: Feb. 2024 ) | + | Total Liabilities (Q: Feb. 2024 ) |
= | 177.038 | + | 16.935 | |
= | 193.97 |
* 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.
Simulations Plus (NAS:SLP) Total Assets Explanation
Total Assets is connected with ROA %.
Simulations Plus's annualized ROA % for the quarter that ended in Feb. 2024 is
ROA % | = | Net Income (Q: Feb. 2024 ) | / | ( (Total Assets (Q: Nov. 2023 ) | + | Total Assets (Q: Feb. 2024 )) | / count ) |
= | 16.116 | / | ( (185.778 | + | 193.973) | / 2 ) | |
= | 16.116 | / | 189.8755 | ||||
= | 8.49 % |
Note: The Net Income data used here is four times the quarterly (Feb. 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.
Simulations Plus's Asset Turnover for the quarter that ended in Feb. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Feb. 2024 ) | / | ( (Total Assets (Q: Nov. 2023 ) | + | Total Assets (Q: Feb. 2024 )) | / count ) |
= | 18.305 | / | ( (185.778 | + | 193.973) | / 2 ) |
= | 18.305 | / | 189.8755 | |||
= | 0.10 |
* 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 Simulations Plus's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
John Kenneth Paglia | director | 746 GRABLE PLACE, NEWBURY PARK CA 91320 |
Walter S Woltosz | director, 10 percent owner, officer: Chairman and CEO | 42505 10TH ST. WEST, LANCASTER CA 93534 |
Dibella John Anthony Ii | officer: Division President | 42505 10TH STREET WEST, LANCASTER CA 93534 |
Lisa Lavange | director | 42505 10TH ST., WEST, LANCASTER CA 93534 |
Steven Chang | officer: President, Immunetrics | 42505 10TH STREET WEST, LANCASTER CA 15203 |
Shawn Oconnor | officer: Chief Executive Officer | 42505 10TH STREET WEST, LANCASTER CA 93534-7059 |
Jill Fiedler-kelly | officer: President, Cognigen Division | 42505 10TH STREET WEST, LANCASTER CA 93534 |
Brett Howell | officer: President, DILIsym Division | 42505 10TH STREET WEST, LANCASTER CA 93534 |
William W Frederick | officer: CFO | C/O SIMULATIONS PLUS, INC., 42505 10TH STREET WEST, LANCASTER CA 93534 |
Daniel L Weiner | director | 800 WEST EL CAMINO REAL, SUITE 200, MOUNTAIN VIEW CA 94040 |
Sharlene Evans | director | 42505 10TH STREET WEST, LANCASTER CA 93534 |
Nguyen Nguyen | officer: VP of Human Resources | 42505 TENTH STREET WEST, LANCASTER CA 93534 |
David L. Ralph | director | 42505 10TH STREET WEST, LANCASTER CA 93534 |
John Robert Kneisel | officer: CFO | 42505 10TH STREET WEST, LANCASTER CA 93534 |
Grasela Thaddeus Henry Jr | director, officer: President | 1780 WEHRLE DRIVE SUITE 110, BUFFALO NY 14221 |
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