argenx SE (argenx SE) Total Assets : $4,542 Mil (As of Dec. 2023)

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What is argenx SE Total Assets?

argenx SE's Total Assets for the quarter that ended in Dec. 2023 was $4,542 Mil.

Warning Sign:

If a company builds assets at 133.9% a year, faster than its revenue growth rate of 96.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, argenx SE's average Total Assets Growth Rate was 40.60% per year. During the past 3 years, the average Total Assets Growth Rate was 75.10% per year. During the past 5 years, the average Total Assets Growth Rate was 133.90% per year. During the past 10 years, the average Total Assets Growth Rate was 105.70% per year.

During the past 13 years, argenx SE's highest 3-Year average Total Assets Growth Rate was 219.30%. The lowest was 10.80%. And the median was 70.90%.

Total Assets is connected with ROA %. argenx SE's annualized ROA % for the quarter that ended in Dec. 2023 was -8.73%. Total Assets is also linked to Revenue through Asset Turnover. argenx SE's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

argenx SE Total Assets Historical Data

The historical data trend for argenx SE'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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argenx SE Total Assets Chart

argenx SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,610.22

2,279.41

2,850.27

3,134.26

4,542.46

argenx SE Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															3,134.26	-	3,193.79	-	4,542.46

argenx SE 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.

argenx SE'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 )
	=	4097.507	+	444.951
	=	4,542

argenx SE's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	4097.507	+	444.951
	=	4,542

argenx SE (NAS:ARGX) Total Assets Explanation

Total Assets is connected with ROA %.

argenx SE's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-396.688	/	( (0	+	4542.458)	/ 1 )
	=	-396.688	/	4542.458
	=	-8.73 %

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

argenx SE's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	406.837	/	( (0	+	4542.458)	/ 1 )
=	406.837	/	4542.458
=	0.09

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.

argenx SE Total Assets Related Terms

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argenx SE (argenx SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » argenx SE (NAS:ARGX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ARGX:Mexico ARGXb:UK 0QW0:UK 1AEA:Germany 1AE:Germany 1AE:Germany A1RG34:Brazil ARGX:Belgium ARGX:Austria

Address

Laarderhoogtweg 25, Amsterdam, NH, NLD, 1101EB

Website

https://www.argenx.com

Argenx is a Dutch company focused on using its antibody engineering technology to treat rare autoimmune diseases. Vyvgart (efgartigimod) was approved in the U.S. in December 2021 as a treatment for generalized myasthenia gravis, followed by approvals in Europe and Japan in 2022.