Sol-Gel Technologies (Sol-Gel Technologies) Total Assets : $39.91 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Sol-Gel Technologies Total Assets?

Sol-Gel Technologies's Total Assets for the quarter that ended in Mar. 2024 was $39.91 Mil.

During the past 12 months, Sol-Gel Technologies's average Total Assets Growth Rate was -54.90% per year. During the past 3 years, the average Total Assets Growth Rate was -6.70% per year. During the past 5 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 9 years, Sol-Gel Technologies's highest 3-Year average Total Assets Growth Rate was 57.10%. The lowest was -6.70%. And the median was 26.30%.

Total Assets is connected with ROA %. Sol-Gel Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was -59.57%. Total Assets is also linked to Revenue through Asset Turnover. Sol-Gel Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Sol-Gel Technologies Total Assets Historical Data

The historical data trend for Sol-Gel Technologies'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.

* Premium members only.

Sol-Gel Technologies Total Assets Chart

Sol-Gel Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

61.30

59.16

69.19

46.63

45.29

Sol-Gel Technologies Quarterly Data
	Jun19	Sep19	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															49.04	55.10	49.86	45.29	39.91

Sol-Gel Technologies 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.

Sol-Gel Technologies'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 )
	=	38.644	+	6.643
	=	45.29

Sol-Gel Technologies'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 )
	=	32.651	+	7.26
	=	39.91

Sol-Gel Technologies (NAS:SLGL) Total Assets Explanation

Total Assets is connected with ROA %.

Sol-Gel Technologies'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 )
	=	-25.376	/	( (45.287	+	39.911)	/ 2 )
	=	-25.376	/	42.599
	=	-59.57 %

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.

Sol-Gel Technologies'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 )
=	0.466	/	( (45.287	+	39.911)	/ 2 )
=	0.466	/	42.599
=	0.01

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.

Sol-Gel Technologies Total Assets Related Terms

Thank you for viewing the detailed overview of Sol-Gel Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sol-Gel Technologies (Sol-Gel Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sol-Gel Technologies Ltd (NAS:SLGL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

4SG:Germany 4SG:Germany

Address

7 Golda Meir Street, Weizmann Science Park, Ness Ziona, ISR, 7403650

Website

https://www.sol-gel.com

Sol-Gel Technologies Ltd is a clinical-stage specialty pharmaceutical company. It is engaged in identifying, developing and commercializing branded and generic topical drug products for the treatment of skin diseases. The company's product candidate pipeline consists of silica-based microencapsulation technology platform, and several generic product candidates across multiple indications.