Stock Analysis on Net
Stock Analysis on Net

Align Technology Inc. (NASDAQ:ALGN)

This company has been moved to the archive! The financial data has not been updated since November 3, 2023.

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Align Technology Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net revenues1 ÷ Total assets1
Dec 31, 2022 0.63 = 3,734,635 ÷ 5,947,947
Dec 31, 2021 0.67 = 3,952,584 ÷ 5,942,110
Dec 31, 2020 0.51 = 2,471,941 ÷ 4,829,683
Dec 31, 2019 0.96 = 2,406,796 ÷ 2,500,702
Dec 31, 2018 0.96 = 1,966,492 ÷ 2,052,458
Dec 31, 2017 0.83 = 1,473,413 ÷ 1,777,856
Dec 31, 2016 0.77 = 1,079,874 ÷ 1,396,151
Dec 31, 2015 0.73 = 845,486 ÷ 1,158,633
Dec 31, 2014 0.77 = 761,653 ÷ 987,997
Dec 31, 2013 0.79 = 660,206 ÷ 832,147
Dec 31, 2012 0.74 = 560,041 ÷ 756,312
Dec 31, 2011 0.74 = 479,741 ÷ 649,264
Dec 31, 2010 0.81 = 387,126 ÷ 476,943
Dec 31, 2009 0.88 = 312,333 ÷ 355,240
Dec 31, 2008 1.09 = 303,976 ÷ 279,341
Dec 31, 2007 1.28 = 284,332 ÷ 222,761
Dec 31, 2006 1.36 = 206,354 ÷ 151,558
Dec 31, 2005 1.46 = 207,125 ÷ 142,110

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in thousands

Comparison to Competitors

Align Technology Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Align Technology Inc. Abbott Laboratories Cigna Group CVS Health Corp. Elevance Health Inc. Intuitive Surgical Inc. Medtronic PLC UnitedHealth Group Inc.
Dec 31, 2022 0.63 0.59 1.25 1.41 1.51 0.48 0.35 1.31
Dec 31, 2021 0.67 0.57 1.11 1.25 1.41 0.42 0.32 1.34
Dec 31, 2020 0.51 0.48 1.02 1.16 1.39 0.39 0.32 1.30
Dec 31, 2019 0.96 0.47 0.98 1.15 1.33 0.46 0.34 1.38
Dec 31, 2018 0.96 0.46 0.31 0.99 1.28 0.47 0.33 1.48
Dec 31, 2017 0.83 0.36 0.66 1.94 1.26 0.54 0.30 1.44
Dec 31, 2016 0.77 0.40 0.65 1.88 1.29 0.42 0.29 1.50
Dec 31, 2015 0.73 0.49 0.64 1.64 1.27 0.49 0.19 1.40
Dec 31, 2014 0.77 0.49 0.60 1.88 1.18 0.54 0.45 1.50
Dec 31, 2013 0.79 0.51 0.57 1.77 1.18 0.57 0.48 1.49
Dec 31, 2012 0.74 0.59 0.52 1.87 1.03 0.54 0.49 1.36
Dec 31, 2011 0.74 0.64 0.41 1.66 1.15 0.57 0.52 1.49
Dec 31, 2010 0.81 0.59 0.44 1.55 1.15 0.59 0.56 1.48
Dec 31, 2009 0.88 0.59 0.41 1.60 1.17 0.58 0.62 1.47
Dec 31, 2008 1.09 0.70 0.44 1.43 1.27 0.59 0.61 1.44
Dec 31, 2007 1.28 0.65 0.41 1.39 1.15 0.58 0.63 1.46
Dec 31, 2006 1.36 0.62 0.36 2.13 1.08 0.55 0.57 1.46
Dec 31, 2005 1.46 0.77 0.34 2.42 0.87 0.45 0.61 1.08

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Health Care Equipment & Services)

Align Technology Inc., total asset turnover, long-term trends, comparison to sector (health care equipment & services)

Microsoft Excel
Align Technology Inc. Health Care Equipment & Services
Dec 31, 2022 0.63 1.18
Dec 31, 2021 0.67 1.10
Dec 31, 2020 0.51 1.03
Dec 31, 2019 0.96 1.03
Dec 31, 2018 0.96 0.84
Dec 31, 2017 0.83 1.05
Dec 31, 2016 0.77 1.07
Dec 31, 2015 0.73 0.98
Dec 31, 2014 0.77 1.15
Dec 31, 2013 0.79 1.12
Dec 31, 2012 0.74 1.04
Dec 31, 2011 0.74 1.05
Dec 31, 2010 0.81 1.03
Dec 31, 2009 0.88 1.06
Dec 31, 2008 1.09 1.07
Dec 31, 2007 1.28 1.03
Dec 31, 2006 1.36 1.00
Dec 31, 2005 1.46 0.88

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Health Care)

Align Technology Inc., total asset turnover, long-term trends, comparison to industry (health care)

Microsoft Excel
Align Technology Inc. Health Care
Dec 31, 2022 0.63 0.78
Dec 31, 2021 0.67 0.73
Dec 31, 2020 0.51 0.68
Dec 31, 2019 0.96 0.68
Dec 31, 2018 0.96 0.64
Dec 31, 2017 0.83 0.66
Dec 31, 2016 0.77 0.67
Dec 31, 2015 0.73 0.64
Dec 31, 2014 0.77 0.69
Dec 31, 2013 0.79 0.66
Dec 31, 2012 0.74 0.66
Dec 31, 2011 0.74 0.67
Dec 31, 2010 0.81 0.67
Dec 31, 2009 0.88 0.62
Dec 31, 2008 1.09 0.78
Dec 31, 2007 1.28 0.75
Dec 31, 2006 1.36 0.71
Dec 31, 2005 1.46 0.69

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).