CenterPoint Energy (CenterPoint Energy) Total Assets

: $39,715 Mil (As of Dec. 2023)

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CenterPoint Energy's Total Assets for the quarter that ended in Dec. 2023 was $39,715 Mil.

During the past 12 months, CenterPoint Energy's average Total Assets Growth Rate was 3.00% per year. During the past 3 years, the average Total Assets Growth Rate was 6.40% per year. During the past 5 years, the average Total Assets Growth Rate was 9.60% per year. During the past 10 years, the average Total Assets Growth Rate was 8.00% per year.

During the past 13 years, CenterPoint Energy's highest 3-Year average Total Assets Growth Rate was 29.00%. The lowest was -16.80%. And the median was 3.20%.

Total Assets is connected with ROA %. CenterPoint Energy's annualized ROA % for the quarter that ended in Dec. 2023 was 1.95%. Total Assets is also linked to Revenue through Asset Turnover. CenterPoint Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

CenterPoint Energy Total Assets Historical Data

The historical data trend for CenterPoint Energy'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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CenterPoint Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

35,529.00

33,471.00

37,679.00

38,546.00

39,715.00

CenterPoint Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																38,546.00	37,752.00	38,097.00	39,001.00	39,715.00

CenterPoint Energy 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.

CenterPoint Energy'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 )
	=	9667	+	30048
	=	39,715

CenterPoint Energy'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 )
	=	9667	+	30048
	=	39,715

CenterPoint Energy (NYSE:CNP) Total Assets Explanation

Total Assets is connected with ROA %.

CenterPoint Energy'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 )
	=	768	/	( (39001	+	39715)	/ 2 )
	=	768	/	39358
	=	1.95 %

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.

CenterPoint Energy'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 )
=	2182	/	( (39001	+	39715)	/ 2 )
=	2182	/	39358
=	0.06

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.

CenterPoint Energy Total Assets Related Terms

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CenterPoint Energy (CenterPoint Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CenterPoint Energy Inc (NYSE:CNP) » Definitions » Total Assets

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Traded in Other Exchanges

HOU:Germany

Address

1111 Louisiana, Houston, TX, USA, 77002

Website

https://www.centerpointenergy.com

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in six states serving approximately 4 million customers.

Executives

Christopher A Foster	officer: EVP and CFO	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
David J Lesar	director, officer: President & CEO
Jason P. Wells	officer: EVP & CFO	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Kristie Colvin	officer: SVP and CAO	1111 LOUISIANA, HOUSTON TX 77002
Ricky Anthony Raven	director	1111 LOUISIANA STREEET, STE. 4600, HOUSTON TX 77002
Thaddeus J. Malik	director	1111 LOUISIANA STREET, STE. 4600, HOUSTON TX 77002
Russell Keith Wright	officer: VP, FP&A and Interim CAO	1111 LOUISIANA STREET, STE 4600, HOUSTON TX 77002
Barry T Smitherman	director	NRG ENERGY, INC., 804 CARNEGIE CENTER, PRINCETON NJ 08540
Ted Pound	director	C/O ALLIS-CHALMERS, 5075 WESTHIEMER, #890, HOUSTON TX 77056
Kara Gostenhofer Ryan	officer: Vice President and CAO	1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
Martin H. Nesbitt	director	10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Wendolynn Montoya Cloonan	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Wooten Lewis Raquelle	director	1111 LOUISIANA STREET, #4600, HOUSTON TX 77002
Phillip R Smith	director	1111 LOUISIANA, HOUSTON TX 77002
Earl M Cummings	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002