ANZ Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was $710,553 Mil.
During the past 12 months, ANZ Group Holdings's average Total Assets Growth Rate was 3.30% per year.
During the past 3 years, the average Total Assets Growth Rate was -0.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 0.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.
During the past 13 years, ANZ Group Holdings's highest 3-Year average Total Assets Growth Rate was 169.30%. The lowest was -22.60%. And the median was 9.00%.
Total Assets is connected with ROA %. ANZ Group Holdings's annualizedROA % for the quarter that ended in Sep. 2023 was 0.63%. Total Assets is also linked to Revenue through Asset Turnover. ANZ Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.
ANZ Group Holdings Total Assets Historical Data
The historical data trend for ANZ Group Holdings'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.
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.
ANZ Group Holdings's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
ANZ Group Holdings (OTCPK:ANZGY) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Sep. 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.
ANZ Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
ANZ Group Holdings Total Assets Related Terms
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ANZ Group Holdings (ANZ Group Holdings) Business Description
ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.
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