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Myer Holdings (FRA:30M) Total Assets : €1,557 Mil (As of Jan. 2024)


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What is Myer Holdings Total Assets?

Myer Holdings's Total Assets for the quarter that ended in Jan. 2024 was €1,557 Mil.

During the past 12 months, Myer Holdings's average Total Assets Growth Rate was -1.00% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 13.90% per year. During the past 10 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 13 years, Myer Holdings's highest 3-Year average Total Assets Growth Rate was 23.00%. The lowest was -12.10%. And the median was -0.60%.

Total Assets is connected with ROA %. Myer Holdings's annualized ROA % for the quarter that ended in Jan. 2024 was 4.04%. Total Assets is also linked to Revenue through Asset Turnover. Myer Holdings's Asset Turnover for the quarter that ended in Jan. 2024 was 0.60.


Myer Holdings Total Assets Historical Data

The historical data trend for Myer Holdings'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.

Myer Holdings Total Assets Chart

Myer Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 800.88 1,509.70 1,548.97 1,718.47 1,485.41

Myer Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1,694.01 1,718.47 1,699.51 1,485.41 1,557.13

Myer Holdings 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.

Myer Holdings's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets=Total Equity (A: Jul. 2023 )+Total Liabilities (A: Jul. 2023 )
=146.603+1338.81
=1,485

Myer Holdings'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 )
=172.757+1384.371
=1,557

* 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.


Myer Holdings  (FRA:30M) Total Assets Explanation

Total Assets is connected with ROA %.

Myer Holdings's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=61.524/( (1485.413+1557.128)/ 2 )
=61.524/1521.2705
=4.04 %

Note: The Net Income data used here is two times the semi-annual (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.

Myer Holdings's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=905.33/( (1485.413+1557.128)/ 2 )
=905.33/1521.2705
=0.60

* 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.

Myer Holdings Total Assets Related Terms

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Myer Holdings (FRA:30M) Business Description

Traded in Other Exchanges
Address
1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008
Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

Myer Holdings (FRA:30M) Headlines

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