AAR's Total Assets for the quarter that ended in Feb. 2024 was $2,022 Mil.
During the past 12 months, AAR's average Total Assets Growth Rate was 20.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.20% per year.
During the past 10 years, the average Total Assets Growth Rate was -1.40% per year.
During the past 13 years, AAR's highest 3-Year average Total Assets Growth Rate was 22.70%. The lowest was -13.00%. And the median was 3.90%.
Total Assets is connected with ROA %. AAR's annualizedROA % for the quarter that ended in Feb. 2024 was 2.81%. Total Assets is also linked to Revenue through Asset Turnover. AAR's Asset Turnover for the quarter that ended in Feb. 2024 was 0.28.
AAR Total Assets Historical Data
The historical data trend for AAR'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.
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.
AAR's Total Assets for the fiscal year that ended in May. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Feb. 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.
AAR's Asset Turnover for the quarter that ended in Feb. 2024 is
* 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.
AAR Total Assets Related Terms
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AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.
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