Enzon Pharmaceuticals's Total Assets for the quarter that ended in Mar. 2024 was $46.83 Mil.
During the past 12 months, Enzon Pharmaceuticals's average Total Assets Growth Rate was 36.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 97.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -33.40% per year.
During the past 10 years, the average Total Assets Growth Rate was -16.80% per year.
During the past 13 years, Enzon Pharmaceuticals's highest 3-Year average Total Assets Growth Rate was 245.80%. The lowest was -86.20%. And the median was -4.10%.
Enzon Pharmaceuticals Total Assets Historical Data
The historical data trend for Enzon Pharmaceuticals'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.
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.
Enzon Pharmaceuticals's Total Assets for the fiscal year that ended in Dec. 2023 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.
Enzon Pharmaceuticals (OTCPK:ENZN) Total Assets Explanation
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.
Enzon Pharmaceuticals's Asset Turnover for the quarter that ended in Mar. 2024 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.
Enzon Pharmaceuticals Total Assets Related Terms
Thank you for viewing the detailed overview of Enzon Pharmaceuticals's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Enzon Pharmaceuticals (Enzon Pharmaceuticals) Business Description
Enzon Pharmaceuticals, Inc. is a biopharmaceutical company. It engages in the provision of licensing arrangements related to sales of drug products that utilize its proprietary technology. The company earns revenue in the form of royalties. Primary source of royalty revenues derived from the sales of PegIntron, which is marketed by Merck.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ENZN has been successfully added to your 