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United States Cellular (United States Cellular) Total Assets : $10,750 Mil (As of Dec. 2023)


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What is United States Cellular Total Assets?

United States Cellular's Total Assets for the quarter that ended in Dec. 2023 was $10,750 Mil.

During the past 12 months, United States Cellular's average Total Assets Growth Rate was -2.30% per year. During the past 3 years, the average Total Assets Growth Rate was 8.00% per year. During the past 5 years, the average Total Assets Growth Rate was 10.40% per year. During the past 10 years, the average Total Assets Growth Rate was 6.70% per year.

During the past 13 years, United States Cellular's highest 3-Year average Total Assets Growth Rate was 73.00%. The lowest was 0.30%. And the median was 9.75%.

Total Assets is connected with ROA %. United States Cellular's annualized ROA % for the quarter that ended in Dec. 2023 was 0.52%. Total Assets is also linked to Revenue through Asset Turnover. United States Cellular's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.


United States Cellular Total Assets Historical Data

The historical data trend for United States Cellular'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.

United States Cellular Total Assets Chart

United States Cellular 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 8,164.00 9,681.00 10,341.00 11,119.00 10,750.00

United States Cellular 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 11,119.00 10,997.00 10,889.00 10,749.00 10,750.00

United States Cellular 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.

United States Cellular'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 )
=4654+6096
=10,750

United States Cellular'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 )
=4654+6096
=10,750

* 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.


United States Cellular  (NYSE:USM) Total Assets Explanation

Total Assets is connected with ROA %.

United States Cellular'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 )
=56/( (10749+10750)/ 2 )
=56/10749.5
=0.52 %

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.

United States Cellular'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 )
=1000/( (10749+10750)/ 2 )
=1000/10749.5
=0.09

* 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.

United States Cellular Total Assets Related Terms

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United States Cellular (United States Cellular) Business Description

Traded in Other Exchanges
Address
8410 West Bryn Mawr, Chicago, IL, USA, 60631
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.
Executives
Michael Irizarry officer: EVP & CTO-Engineering and IS 8410 W BRYN MAWR, CHICAGO IL 60631
Kevin R Lowell officer: EVP, Chief People Officer 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Xavier Williams director C/O AMERICAN VIRTUAL CLOUD TECHNOLOGIES, 1720 PEACHTREE ST., SUITE 629, ATLANTA GA 30309
James W Butman director 30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602
Gregory P Josefowicz director 850 76TH STREET SW, GRAND RAPIDS MI 49518
Deirdre Drake officer: SVP-Chief HR Officer 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Esteban C Iriarte director 8410 W. BRYN MAWR, CHICAGO IL 60631
Vicki L Villacrez director 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Ronald E Daly director
J Samuel Crowley director 8410 WEST BRYN MAWR ST STE 700, CHICAGO IL 60631
Jay Ellison officer: EVP-Operations
Laurent C Therivel director, officer: President and CEO 8410 W. BRYN MAWR STREET, CHICAGO IL 60631
Kenneth R Meyers director, officer: President and CEO
Anita J Kroll officer: Chief Accounting Officer 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Steven T Campbell director, officer: EVP-Finance, CFO and Treasurer 8410 W. BRYN MAWR, CHICAGO IL 60631

United States Cellular (United States Cellular) Headlines

From GuruFocus

UScellular announces appointment of two new board members

By PRNewswire PRNewswire 12-01-2022