SPLK has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SPLK has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Splunk's Total Assets for the quarter that ended in Jan. 2024 was $6,687 Mil.
Warning Sign:
If a company builds assets at 16.8% a year, faster than its revenue growth rate of 14.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Splunk's average Total Assets Growth Rate was 8.00% per year. During the past 3 years, the average Total Assets Growth Rate was 5.30% per year. During the past 5 years, the average Total Assets Growth Rate was 16.80% per year. During the past 10 years, the average Total Assets Growth Rate was 41.50% per year.
During the past 13 years, Splunk's highest 3-Year average Total Assets Growth Rate was 102.90%. The lowest was 5.30%. And the median was 62.35%.
Total Assets is connected with ROA %. Splunk's annualized ROA % for the quarter that ended in Jan. 2024 was 28.25%. Total Assets is also linked to Revenue through Asset Turnover. Splunk's Asset Turnover for the quarter that ended in Jan. 2024 was 0.25.
The historical data trend for Splunk'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.
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.
Splunk's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as
Total Assets | = | Total Equity (A: Jan. 2024 ) | + | Total Liabilities (A: Jan. 2024 ) |
= | 740.609 | + | 5946.747 | |
= | 6,687 |
Splunk's Total Assets for the quarter that ended in Jan. 2024 is calculated as
Total Assets | = | Total Equity (Q: Jan. 2024 ) | + | Total Liabilities (Q: Jan. 2024 ) |
= | 740.609 | + | 5946.747 | |
= | 6,687 |
* 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.
Splunk (NAS:SPLK) Total Assets Explanation
Total Assets is connected with ROA %.
Splunk's annualized ROA % for the quarter that ended in Jan. 2024 is
ROA % | = | Net Income (Q: Jan. 2024 ) | / | ( (Total Assets (Q: Oct. 2023 ) | + | Total Assets (Q: Jan. 2024 )) | / count ) |
= | 1706.196 | / | ( (5391.78 | + | 6687.356) | / 2 ) | |
= | 1706.196 | / | 6039.568 | ||||
= | 28.25 % |
Note: The Net Income data used here is four times the quarterly (Jan. 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.
Splunk's Asset Turnover for the quarter that ended in Jan. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Jan. 2024 ) | / | ( (Total Assets (Q: Oct. 2023 ) | + | Total Assets (Q: Jan. 2024 )) | / count ) |
= | 1486.147 | / | ( (5391.78 | + | 6687.356) | / 2 ) |
= | 1486.147 | / | 6039.568 | |||
= | 0.25 |
* 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.
Thank you for viewing the detailed overview of Splunk's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Scott Morgan | officer: General Counsel and Secretary | C/O SPLUNK INC.,270 BRANNAN STREET, SAN JOSE CA 94107 |
Christian Smith | officer: SVP, Chief Revenue Officer | C/O SPLUNK INC., 270 BRANNAN ST CA 94107 |
Gary Steele | director, officer: President and CEO | C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089 |
Elisa Steele | director | 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404 |
Yamini Rangan | director | 333 BRANNAN STREET, SAN FRANCISCO CA 94107 |
Brian Kayman | officer: Chief Accounting Officer | 270 BRANNAN STREET, SAN FRANCISCO CA 94107 |
Tom Casey | officer: SVP, GM Platform | C/O SPLUNK INC., 270 BRANNAN ST CA 94107 |
Brian Keith Roberts | officer: SVP & Chief Financial Officer | C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107 |
Richard P Wallace | director | KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134 |
David R Tunnell | director | C/O HELLMAN & FRIEDMAN, 415 MISSION STREET SUITE 5700, SAN FRANCISCO CA 94105 |
Jason Child | officer: SVP & Chief Financial Officer | C/O SPLUNK INC., 270 BRANNAN ST., SAN FRANCISCO CA 94107 |
Shawn Bice | officer: President of PROD & TECH | C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107 |
Timothy Emanuelson | officer: Chief Accounting Officer | C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107 |
Luis Felipe Visoso | director | C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103 |
Graham Smith | director | 301 BRANNMAN ST, SAN FRANCISCO CA 94107 |
From GuruFocus
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.