Analysis of Geographic Areas
Abiomed Inc. operates in 3 regions: United States; Europe; and Japan.
Area Asset Turnover
Abiomed Inc., asset turnover by geographic area
| Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | |
|---|---|---|---|---|---|---|
| United States | 5.68 | 4.88 | 5.43 | 6.55 | 6.45 | 6.28 |
| Europe | 2.22 | 1.79 | 2.02 | 1.32 | 0.00 | 0.00 |
| Japan | 9.87 | 16.80 | — | — | — | — |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
| Europe | Europe area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. | |
| Japan | Japan area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Area Asset Turnover: United States
Abiomed Inc.; United States; area asset turnover calculation
| Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 837,613) | 691,579) | 705,409) | 665,082) | 526,685) | 405,781) |
| Long-lived assets, net excluding goodwill and other intangible assets | 147,403) | 141,821) | 129,991) | 101,605) | 81,667) | 64,577) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 5.68 | 4.88 | 5.43 | 6.55 | 6.45 | 6.28 |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Long-lived assets, net excluding goodwill and other intangible assets
= 837,613 ÷ 147,403 = 5.68
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Area Asset Turnover: Europe
Abiomed Inc.; Europe; area asset turnover calculation
| Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 131,909) | 105,320) | 94,266) | 57,460) | —) | —) |
| Long-lived assets, net excluding goodwill and other intangible assets | 59,368) | 58,865) | 46,700) | 43,400) | 35,500) | 23,200) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 2.22 | 1.79 | 2.02 | 1.32 | 0.00 | 0.00 |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Long-lived assets, net excluding goodwill and other intangible assets
= 131,909 ÷ 59,368 = 2.22
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe | Europe area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Area Asset Turnover: Japan
Abiomed Inc.; Japan; area asset turnover calculation
| Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 51,694) | 42,868) | 35,215) | 17,502) | —) | —) |
| Long-lived assets, net excluding goodwill and other intangible assets | 5,237) | 2,552) | —) | —) | —) | —) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 9.87 | 16.80 | — | — | — | — |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Long-lived assets, net excluding goodwill and other intangible assets
= 51,694 ÷ 5,237 = 9.87
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Japan | Japan area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Revenue
Abiomed Inc., revenue by geographic area
US$ in thousands
| Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | |
|---|---|---|---|---|---|---|
| United States | 837,613) | 691,579) | 705,409) | 665,082) | 526,685) | 405,781) |
| Europe | 131,909) | 105,320) | 94,266) | 57,460) | —) | —) |
| Japan | 51,694) | 42,868) | 35,215) | 17,502) | —) | —) |
| Rest of world | 10,537) | 7,755) | 5,993) | 29,388) | 67,064) | 39,523) |
| Outside the U.S. | 194,140) | 155,943) | 135,474) | 104,350) | 67,064) | 39,523) |
| Total | 1,031,753) | 847,522) | 840,883) | 769,432) | 593,749) | 445,304) |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
Long-lived assets, net excluding goodwill and other intangible assets
Abiomed Inc., long-lived assets, net excluding goodwill and other intangible assets by geographic area
US$ in thousands
| Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | |
|---|---|---|---|---|---|---|
| United States | 147,403) | 141,821) | 129,991) | 101,605) | 81,667) | 64,577) |
| Europe | 59,368) | 58,865) | 46,700) | 43,400) | 35,500) | 23,200) |
| Japan | 5,237) | 2,552) | —) | —) | —) | —) |
| Outside the U.S. | 64,605) | 61,417) | 46,700) | 43,400) | 35,500) | 23,200) |
| Total | 212,008) | 203,238) | 176,691) | 145,005) | 117,167) | 87,777) |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).