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AutoCanada (AutoCanada) Total Assets : $2,355 Mil (As of Dec. 2023)


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What is AutoCanada Total Assets?

AutoCanada's Total Assets for the quarter that ended in Dec. 2023 was $2,355 Mil.

During the past 12 months, AutoCanada's average Total Assets Growth Rate was 11.10% per year. During the past 3 years, the average Total Assets Growth Rate was 19.10% per year. During the past 5 years, the average Total Assets Growth Rate was 12.70% per year. During the past 10 years, the average Total Assets Growth Rate was 12.50% per year.

During the past 13 years, AutoCanada's highest 3-Year average Total Assets Growth Rate was 66.10%. The lowest was -14.30%. And the median was 9.00%.

Total Assets is connected with ROA %. AutoCanada's annualized ROA % for the quarter that ended in Dec. 2023 was -2.55%. Total Assets is also linked to Revenue through Asset Turnover. AutoCanada's Asset Turnover for the quarter that ended in Dec. 2023 was 0.48.


AutoCanada Total Assets Historical Data

The historical data trend for AutoCanada'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.

* Premium members only.

AutoCanada Total Assets Chart

AutoCanada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,511.06 1,496.89 1,764.59 2,104.04 2,354.98

AutoCanada 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,104.04 2,122.99 2,188.55 2,265.42 2,354.98

AutoCanada 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.

AutoCanada'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 )
=421.011+1933.967
=2,355

AutoCanada'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 )
=421.011+1933.967
=2,355

* 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.


AutoCanada  (OTCPK:AOCIF) Total Assets Explanation

Total Assets is connected with ROA %.

AutoCanada'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 )
=-58.964/( (2265.419+2354.978)/ 2 )
=-58.964/2310.1985
=-2.55 %

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.

AutoCanada'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 )
=1105.988/( (2265.419+2354.978)/ 2 )
=1105.988/2310.1985
=0.48

* 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.

AutoCanada Total Assets Related Terms

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AutoCanada (AutoCanada) Business Description

Traded in Other Exchanges
Address
15511 123 Avenue NW, Suite 200, Edmonton, AB, CAN, T5V 0C3
AutoCanada Inc operates car dealerships in Canada. The company offers new and used vehicles, spare parts, maintenance services, and customer financing. AutoCanada retails brands such as Chrysler, Dodge, Jeep, Ram, Cadillac, Chevrolet, Buick, GMC, Audi, Volkswagen, BMW, Mini, Infiniti, Nissan, Hyundai, Kia, Fiat, Mitsubishi, and Subaru. The majority of revenue is generated in the new-vehicles sales segment.

AutoCanada (AutoCanada) Headlines

From GuruFocus

AutoCanada Acquires Illinois Based Grossinger Auto Group

By PRNewswire PRNewswire 03-22-2018

AutoCanada Acknowledges Receipt of Letter from Clearwater

By PRNewswire PRNewswire 06-12-2018

AutoCanada Announces Management and Board Changes

By PRNewswire PRNewswire 08-15-2018

AutoCanada Appoints Michael Rawluk as President

By PRNewswire PRNewswire 07-03-2018

AutoCanada Provides Operational Update in Response to COVID-19

By PRNewswire PRNewswire 03-25-2020

AutoCanada Announces Executive Appointments

By PRNewswire PRNewswire 08-22-2018