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Acacia Research's Total Assets for the quarter that ended in Dec. 2023 was $633.5 Mil.
Warning Sign:
If a company builds assets at 27.5% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Acacia Research's average Total Assets Growth Rate was 100.10% per year. During the past 3 years, the average Total Assets Growth Rate was 47.80% per year. During the past 5 years, the average Total Assets Growth Rate was 27.50% per year. During the past 10 years, the average Total Assets Growth Rate was -11.50% per year.
During the past 13 years, Acacia Research's highest 3-Year average Total Assets Growth Rate was 138.00%. The lowest was -44.80%. And the median was 17.00%.
Total Assets is connected with ROA %. Acacia Research's annualized ROA % for the quarter that ended in Dec. 2023 was 51.44%. Total Assets is also linked to Revenue through Asset Turnover. Acacia Research's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.
The historical data trend for Acacia Research'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.
Acacia Research Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 218.16 | 511.31 | 798.86 | 482.93 | 633.55 |
Acacia Research Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Total Assets | Get a 7-Day Free Trial | 482.93 | 556.60 | 534.71 | 529.15 | 633.55 |
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.
Acacia Research'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 ) |
= | 589.609 | + | 43.936 | |
= | 633.5 |
Acacia Research's Total Assets for the quarter that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (Q: Dec. 2023 ) | + | Total Liabilities (Q: Dec. 2023 ) |
= | 589.609 | + | 43.936 | |
= | 633.5 |
* 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.
Acacia Research (NAS:ACTG) Total Assets Explanation
Total Assets is connected with ROA %.
Acacia Research's annualized ROA % for the quarter that ended in Dec. 2023 is
ROA % | = | Net Income (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 299.024 | / | ( (529.147 | + | 633.545) | / 2 ) | |
= | 299.024 | / | 581.346 | ||||
= | 51.44 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.
Acacia Research's Asset Turnover for the quarter that ended in Dec. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 92.311 | / | ( (529.147 | + | 633.545) | / 2 ) |
= | 92.311 | / | 581.346 | |||
= | 0.16 |
* 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.
Thank you for viewing the detailed overview of Acacia Research's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Jason W. Soncini | officer: General Counsel | 767 THIRD AVENUE, SUITE 602, NEW YORK NY 10017 |
Mcnulty Martin D. Jr. | officer: COO & Head of M&A | C/O STARBOARD VALUE ACQUISITION CORP., 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Geoffrey G Ribar | director | |
Kirsten Hoover | officer: Controller | 4 PARK PLAZA, SUITE 550, IRVINE CA 92614 |
Robert Rasamny | officer: Chief Administrative Officer | 767 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10017 |
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Peter A Feld | 10 percent owner, other: See Footnote 2 | 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301 |
Starboard Value Lp | 10 percent owner, other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Starboard Value Gp Llc | 10 percent owner, other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Starboard Principal Co Lp | 10 percent owner, other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Starboard Principal Co Gp Llc | 10 percent owner, other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Starboard Value & Opportunity S Llc | other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Starboard Value & Opportunity C Lp | other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Starboard Value R Lp | other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
Starboard Value R Gp Llc | other: See Footnote 2 | 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017 |
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