PPG Industries's Total Assets for the quarter that ended in Mar. 2024 was $21,867 Mil.
Warning Sign:
If a company builds assets at 6.2% a year, faster than its revenue growth rate of 4.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, PPG Industries's average Total Assets Growth Rate was 0.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.50% per year.
During the past 13 years, PPG Industries's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was -4.20%. And the median was 4.90%.
Total Assets is connected with ROA %. PPG Industries's annualizedROA % for the quarter that ended in Mar. 2024 was 7.35%. Total Assets is also linked to Revenue through Asset Turnover. PPG Industries's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.
PPG Industries Total Assets Historical Data
The historical data trend for PPG Industries'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.
PPG Industries's Total Assets for the fiscal year that ended in Dec. 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.
PPG Industries (NYSE:PPG) Total Assets Explanation
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.
PPG Industries's Asset Turnover for the quarter that ended in Mar. 2024 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.
PPG Industries Total Assets Related Terms
Thank you for viewing the detailed overview of PPG Industries's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
PPG Industries (PPG Industries) Business Description
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PPG has been successfully added to your 