Leonardo DRS (XTAE:DRS) Total Assets : ₪14,012 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Leonardo DRS Total Assets?

Leonardo DRS's Total Assets for the quarter that ended in Mar. 2024 was ₪14,012 Mil.

During the past 12 months, Leonardo DRS's average Total Assets Growth Rate was 3.30% per year. During the past 3 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 6 years, Leonardo DRS's highest 3-Year average Total Assets Growth Rate was 6.30%. The lowest was 6.10%. And the median was 6.20%.

Total Assets is connected with ROA %. Leonardo DRS's annualized ROA % for the quarter that ended in Mar. 2024 was 3.01%. Total Assets is also linked to Revenue through Asset Turnover. Leonardo DRS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

Leonardo DRS Total Assets Historical Data

The historical data trend for Leonardo DRS'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.

Leonardo DRS Total Assets Chart

Leonardo DRS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

10,702.55

10,954.55

11,373.32

13,626.48

14,530.72

Leonardo DRS Quarterly Data
	Dec18	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														13,641.31	13,570.90	13,759.90	14,530.72	14,011.89

Leonardo DRS 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.

Leonardo DRS'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 )
	=	8616.148	+	5914.569
	=	14,531

Leonardo DRS'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 )
	=	8727.324	+	5284.571
	=	14,012

Leonardo DRS (XTAE:DRS) Total Assets Explanation

Total Assets is connected with ROA %.

Leonardo DRS'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 )
	=	429.88	/	( (14530.716	+	14011.894)	/ 2 )
	=	429.88	/	14271.305
	=	3.01 %

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.

Leonardo DRS'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 )
=	2549.639	/	( (14530.716	+	14011.894)	/ 2 )
=	2549.639	/	14271.305
=	0.18

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.

Leonardo DRS Total Assets Related Terms

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

Leonardo DRS (XTAE:DRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo DRS Inc (XTAE:DRS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DRS:USA 2VZ:Germany

Address

2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202

Website

https://www.leonardodrs.com

Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The diverse array of defense systems and solutions is offered to all branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms.