Varian Medical Systems's Total Assets for the quarter that ended in Dec. 2020 was $4,526 Mil.
During the past 12 months, Varian Medical Systems's average Total Assets Growth Rate was 0.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.
During the past 13 years, Varian Medical Systems's highest 3-Year average Total Assets Growth Rate was 19.70%. The lowest was -20.30%. And the median was 8.30%.
* 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.
Varian Medical Systems's Total Assets for the fiscal year that ended in Sep. 2020 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.
Varian Medical Systems (NYSE:VAR) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2020) 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.
Varian Medical Systems's Asset Turnover for the quarter that ended in Dec. 2020 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.
Varian Medical Systems Total Assets Related Terms
Thank you for viewing the detailed overview of Varian Medical Systems's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Varian Medical Systems (Varian Medical Systems) Business Description
Varian Medical Systems designs, manufactures, and sells radiation technology for use in two business segments: oncology systems and proton therapy. The Americas account for the largest portion of revenue (47%), followed by Europe, the Middle East, and Africa (33%) and Asia-Pacific (19%).
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VAR has been successfully added to your 