Tourmaline Total Assets from 2010 to 2024
| TRML Stock | 26.73 0.48 1.83% |
Total Assets | First Reported 2010-12-31 | Previous Quarter 210.3 M | Current Value 220.8 M | Quarterly Volatility 68.5 M |
Check Tourmaline Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tourmaline Bio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.4 K, Other Operating Expenses of 23.4 M or Research Development of 17.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.73. Tourmaline financial statements analysis is a perfect complement when working with Tourmaline Bio Valuation or Volatility modules.
Tourmaline | Total Assets |
Latest Tourmaline Bio's Total Assets Growth Pattern
Below is the plot of the Total Assets of Tourmaline Bio over the last few years. Total assets refers to the total amount of Tourmaline Bio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tourmaline Bio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Tourmaline Bio's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tourmaline Bio's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 210.29 M | 10 Years Trend |
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Total Assets |
| Timeline |
Tourmaline Total Assets Regression Statistics
| Arithmetic Mean | 67,503,383 | |
| Geometric Mean | 35,277,335 | |
| Coefficient Of Variation | 101.44 | |
| Mean Deviation | 50,849,680 | |
| Median | 41,942,000 | |
| Standard Deviation | 68,476,043 | |
| Sample Variance | 4689T | |
| Range | 220.7M | |
| R-Value | 0.53 | |
| Mean Square Error | 3642.4T | |
| R-Squared | 0.28 | |
| Significance | 0.04 | |
| Slope | 8,083,258 | |
| Total Sum of Squares | 65645.6T |
Tourmaline Total Assets History
Other Fundumenentals of Tourmaline Bio
Tourmaline Bio Total Assets component correlations
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About Tourmaline Bio Financial Statements
Tourmaline Bio investors utilize fundamental indicators, such as Total Assets, to predict how Tourmaline Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 210.3 M | 220.8 M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Tourmaline Stock
When determining whether Tourmaline Bio is a strong investment it is important to analyze Tourmaline Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tourmaline Bio's future performance. For an informed investment choice regarding Tourmaline Stock, refer to the following important reports:Check out the analysis of Tourmaline Bio Correlation against competitors. For more information on how to buy Tourmaline Stock please use our How to buy in Tourmaline Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tourmaline Bio. If investors know Tourmaline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tourmaline Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.92) | Return On Assets (0.17) | Return On Equity (0.23) |
The market value of Tourmaline Bio is measured differently than its book value, which is the value of Tourmaline that is recorded on the company's balance sheet. Investors also form their own opinion of Tourmaline Bio's value that differs from its market value or its book value, called intrinsic value, which is Tourmaline Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tourmaline Bio's market value can be influenced by many factors that don't directly affect Tourmaline Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tourmaline Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tourmaline Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tourmaline Bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.