Aecon Group (Aecon Group) Total Assets : $2,251 Mil (As of Mar. 2024)

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What is Aecon Group Total Assets?

Aecon Group's Total Assets for the quarter that ended in Mar. 2024 was $2,251 Mil.

During the past 12 months, Aecon Group's average Total Assets Growth Rate was -19.90% per year. During the past 3 years, the average Total Assets Growth Rate was -1.00% per year. During the past 5 years, the average Total Assets Growth Rate was 4.00% per year. During the past 10 years, the average Total Assets Growth Rate was 6.60% per year.

During the past 13 years, Aecon Group's highest 3-Year average Total Assets Growth Rate was 77.50%. The lowest was -6.90%. And the median was 9.50%.

Total Assets is connected with ROA %. Aecon Group's annualized ROA % for the quarter that ended in Mar. 2024 was -0.78%. Total Assets is also linked to Revenue through Asset Turnover. Aecon Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.27.

Aecon Group Total Assets Historical Data

The historical data trend for Aecon Group'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.

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Aecon Group Total Assets Chart

Aecon Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,365.13

2,566.48

2,567.83

2,625.70

2,381.95

Aecon Group 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															2,647.83	2,655.87	2,304.80	2,381.95	2,250.82

Aecon Group 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.

Aecon Group'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 )
	=	793.326	+	1588.627
	=	2,382

Aecon Group'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 )
	=	778.271	+	1472.552
	=	2,251

Aecon Group (OTCPK:AEGXF) Total Assets Explanation

Total Assets is connected with ROA %.

Aecon Group'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 )
	=	-18.076	/	( (2381.953	+	2250.822)	/ 2 )
	=	-18.076	/	2316.3875
	=	-0.78 %

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.

Aecon Group'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 )
=	625.437	/	( (2381.953	+	2250.822)	/ 2 )
=	625.437	/	2316.3875
=	0.27

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.

Aecon Group Total Assets Related Terms

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Aecon Group (Aecon Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aecon Group Inc (OTCPK:AEGXF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

2AE:Germany ARE:Canada

Address

20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6

Website

https://www.aecon.com

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.

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