MYR Group (FRA:MYP) Total Assets : €1,457 Mil (As of Mar. 2024)

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What is MYR Group Total Assets?

MYR Group's Total Assets for the quarter that ended in Mar. 2024 was €1,457 Mil.

During the past 12 months, MYR Group's average Total Assets Growth Rate was 20.30% per year. During the past 3 years, the average Total Assets Growth Rate was 16.90% per year. During the past 5 years, the average Total Assets Growth Rate was 14.30% per year. During the past 10 years, the average Total Assets Growth Rate was 14.20% per year.

During the past 13 years, MYR Group's highest 3-Year average Total Assets Growth Rate was 50.20%. The lowest was -28.40%. And the median was 10.60%.

Total Assets is connected with ROA %. MYR Group's annualized ROA % for the quarter that ended in Mar. 2024 was 4.80%. Total Assets is also linked to Revenue through Asset Turnover. MYR Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.52.

MYR Group Total Assets Historical Data

The historical data trend for MYR Group'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.

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MYR Group Total Assets Chart

MYR Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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907.08

818.60

992.17

1,320.52

1,447.71

MYR Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1,270.46	1,352.01	1,462.41	1,447.71	1,456.81

MYR Group 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.

MYR Group'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 )
	=	597.152	+	850.558
	=	1,448

MYR Group's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	610.622	+	846.188
	=	1,457

MYR Group (FRA:MYP) Total Assets Explanation

Total Assets is connected with ROA %.

MYR Group's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	69.696	/	( (1447.71	+	1456.811)	/ 2 )
	=	69.696	/	1452.2605
	=	4.80 %

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

MYR Group's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	750.317	/	( (1447.71	+	1456.811)	/ 2 )
=	750.317	/	1452.2605
=	0.52

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.

MYR Group Total Assets Related Terms

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MYR Group (FRA:MYP) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MYR Group Inc (FRA:MYP) » Definitions » Total Assets

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MYRG:USA

Address

12121 Grant Street, Suite 610, Thornton, CO, USA, 80241

Website

https://www.myrgroup.com

MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.

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