LifeStance Health Group (LifeStance Health Group) Total Assets : $2,106 Mil (As of Mar. 2024)

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What is LifeStance Health Group Total Assets?

LifeStance Health Group's Total Assets for the quarter that ended in Mar. 2024 was $2,106 Mil.

During the past 12 months, LifeStance Health Group's average Total Assets Growth Rate was -1.60% per year. During the past 3 years, the average Total Assets Growth Rate was 9.40% per year.

During the past 5 years, LifeStance Health Group's highest 3-Year average Total Assets Growth Rate was 95.30%. The lowest was 9.40%. And the median was 52.35%.

Total Assets is connected with ROA %. LifeStance Health Group's annualized ROA % for the quarter that ended in Mar. 2024 was -4.00%. Total Assets is also linked to Revenue through Asset Turnover. LifeStance Health Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

LifeStance Health Group Total Assets Historical Data

The historical data trend for LifeStance Health Group'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.

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LifeStance Health Group Total Assets Chart

LifeStance Health Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

280.78

1,569.73

1,927.11

2,173.87

2,109.97

LifeStance Health Group Quarterly Data
	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													2,158.56	2,170.92	2,175.07	2,109.97	2,106.32

LifeStance Health Group 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.

LifeStance Health Group'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 )
	=	1428.93	+	681.039
	=	2,110

LifeStance Health Group'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 )
	=	1428.997	+	677.319
	=	2,106

LifeStance Health Group (NAS:LFST) Total Assets Explanation

Total Assets is connected with ROA %.

LifeStance Health Group'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 )
	=	-84.388	/	( (2109.969	+	2106.316)	/ 2 )
	=	-84.388	/	2108.1425
	=	-4.00 %

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.

LifeStance Health Group'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 )
=	300.437	/	( (2109.969	+	2106.316)	/ 2 )
=	300.437	/	2108.1425
=	0.14

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.

LifeStance Health Group Total Assets Related Terms

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LifeStance Health Group (LifeStance Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LifeStance Health Group Inc (NAS:LFST) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4800 North Scottsdale Road, Suite 6000, Scottsdale, AZ, USA, AZ 85251

Website

https://www.lifestance.com

LifeStance Health Group Inc is a provider of virtual and in-person outpatient mental health care for children, adolescents and adults experiencing a variety of mental health conditions.

Executives

Kevin Michael Mullins	officer: Chief Development Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Paula Cipollone	officer: See Remarks	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Warren Gouk	officer: Chief Administrative Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ann Varanakis	officer: Chief People Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Anisha Patel-dunn	officer: Chief Medical Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ryan Pardo	officer: See Remarks	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Danish J. Qureshi	officer: Chief Growth Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Pablo Pantaleoni	officer: Chief Digital Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
David Bourdon	officer: Chief Financial Officer	6303 COWBOYS WAY, SUITE 350, FRISCO TX 75034
Kenneth A Burdick	director, officer: Chief Executive Officer	6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Felicia Gorcyca	officer: Chief People Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Michael K. Lester	director, officer: See Remarks	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Gwen H. Booth	officer: Chief Operating Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Jesse Michael Bruff	officer: Chief Financial Officer	3100 HANSEN WAY, PALO ALTO CA 94304
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102