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TripAdvisor Inc (NAS:TRIP)
Total Assets
$2,094 Mil (As of Mar. 2015)

TripAdvisor Inc's total assets for the quarter that ended in Mar. 2015 was $2,094 Mil.

During the past 12 months, TripAdvisor Inc's average Total Assets Growth Rate was 27.50% per year. During the past 3 years, the average Total Assets Growth Rate was 28.90% per year. During the past 5 years, the average Total Assets Growth Rate was 20.10% per year.

During the past 7 years, TripAdvisor Inc's highest 3-Year average Total Assets Growth Rate was 28.90%. The lowest was 0.00%. And the median was 16.00%.

Total Assets is connected with Return on Assets (ROA). TripAdvisor Inc's annualized Return on Assets (ROA) for the quarter that ended in Mar. 2015 was 12.44%. Total Assets is also linked to revenue through asset turnover. TripAdvisor Inc's asset turnover for the quarter that ended in Mar. 2015 was 0.18.


Definition

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.

TripAdvisor Inc's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets=Total Shareholder’s Equity (A: Dec. 2014 )+Total Liabilities (A: Dec. 2014 )
=1125+834
=1,959

TripAdvisor Inc's Total Assets for the quarter that ended in Mar. 2015 is calculated as

Total Assets=Total Shareholder’s Equity (Q: Mar. 2015 )+Total Liabilities (Q: Mar. 2015 )
=1179+915
=2,094

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Total Assets is connected with Return on Assets.

TripAdvisor Inc's annualized Return on Assets (ROA) for the quarter that ended in Mar. 2015 is

ROA=Net Income (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ 2 )
=252/( (1959+2094)/ 2 )
=252/2026.5
=12.44 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) net income 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.

TripAdvisor Inc's Asset Turnover for the quarter that ended in Mar. 2015 is

Asset Turnover
=Sales/Average Total Assets
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ 2 )
=363/( (1959+2094)/ 2 )
=363/2026.5
=0.18

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Therefore, if a company grows its assets faster than its sales, the asset turnover will decline. This might be a warning sign for the business.


Related Terms

Return on Assets, Assets Turnover, Net Income, Revenue, Total Current Assets, Net PPE, Intangibles, Other Long-Term Assets, Total Shareholder’s Equity, Total Liability


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

TripAdvisor Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Total Assets 00005757238361,2991,4731,959

TripAdvisor Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Total Assets 1,2991,3421,4561,4481,4731,6151,8311,9561,9592,094
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