GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VF Corp (NYSE:VFC) » Definitions » Total Assets

VF (VFC) Total Assets : $12,616 Mil (As of Dec. 2023)


View and export this data going back to 1966. Start your Free Trial

What is VF Total Assets?

VF's Total Assets for the quarter that ended in Dec. 2023 was $12,616 Mil.

During the past 12 months, VF's average Total Assets Growth Rate was -15.40% per year. During the past 3 years, the average Total Assets Growth Rate was 10.50% per year. During the past 5 years, the average Total Assets Growth Rate was 7.00% per year. During the past 10 years, the average Total Assets Growth Rate was 3.90% per year.

During the past 13 years, VF's highest 3-Year average Total Assets Growth Rate was 34.00%. The lowest was -8.70%. And the median was 6.40%.

Total Assets is connected with ROA %. VF's annualized ROA % for the quarter that ended in Dec. 2023 was -1.32%. Total Assets is also linked to Revenue through Asset Turnover. VF's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.


VF Total Assets Historical Data

The historical data trend for VF'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.

VF Total Assets Chart

VF Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,356.79 11,133.25 13,754.03 13,342.21 13,990.49

VF 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 14,313.30 13,990.49 14,043.90 13,142.35 12,616.47

VF 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.

VF's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=2910.713+11079.775
=13,990

VF'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 )
=2109.193+10507.281
=12,616

* 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.


VF  (NYSE:VFC) Total Assets Explanation

Total Assets is connected with ROA %.

VF'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 )
=-169.808/( (13142.352+12616.474)/ 2 )
=-169.808/12879.413
=-1.32 %

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.

VF'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 )
=2960.283/( (13142.352+12616.474)/ 2 )
=2960.283/12879.413
=0.23

* 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.

VF Total Assets Related Terms

Thank you for viewing the detailed overview of VF's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


VF (VFC) Business Description

Address
1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of about a dozen brands includes Vans, The North Face, Timberland, Supreme, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. The company has grown through multiple acquisitions and traces its roots to 1899.
Executives
Matthew J Shattock director 510 LAKE COOK ROAD, DEERFIELD IL 60015
Brent Hyder officer: EVP, Chief People Officer 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Trevor A Edwards director 2080 NW 133RD PLACE, PORTLAND OR 97229
Richard Carucci director 1441 GARDINER LANE, LOUISVILLE KY 47113
Bracken Darrell officer: President & Chief Exec Officer 2000 M-63N, BENTON HARBOR MI 49022
Juliana L Chugg director 1200 WILLOW LAKE BOULEVARD, PO BOX 64683, ST PAUL MN 55164-0683
Benno O Dorer director 1221 BROADWAY, OAKLAND CA 94612
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Mark Samuel Hoplamazian director 71 SOUTH WACKER DRIVE, SUITE 4700, CHICAGO IL 60606
Anita Z Graham officer: EVP, CHRO & Public Affairs C/O THE ADT CORPORATION, 1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Beth Otto officer: EVP & Global Brand Pres. TNF C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
W Rodney Mcmullen director 1014 VINE ST, CINCINNATI OH 45202
Alex Cho director HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Matthew H Puckett officer: EVP & Chief Financial Officer 1551 WEWATTA STREET, DENVER CO 80202
Jennifer S. Sim officer: EVP, GC & Secretary 1551 WEWATTA STREET, DENVER CO 80202