Akzo Nobel NV's Total Assets for the quarter that ended in Mar. 2024 was $15,553 Mil.
During the past 12 months, Akzo Nobel NV's average Total Assets Growth Rate was -1.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.10% per year.
During the past 10 years, the average Total Assets Growth Rate was -1.90% per year.
During the past 13 years, Akzo Nobel NV's highest 3-Year average Total Assets Growth Rate was 31.30%. The lowest was -10.30%. And the median was 2.85%.
Total Assets is connected with ROA %. Akzo Nobel NV's annualizedROA % for the quarter that ended in Mar. 2024 was 5.01%. Total Assets is also linked to Revenue through Asset Turnover. Akzo Nobel NV's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.
Akzo Nobel NV Total Assets Historical Data
The historical data trend for Akzo Nobel NV'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.
Akzo Nobel NV's Total Assets for the fiscal year that ended in Dec. 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.
Akzo Nobel NV (OTCPK:AKZOY) Total Assets Explanation
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.
Akzo Nobel NV's Asset Turnover for the quarter that ended in Mar. 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.
Akzo Nobel NV Total Assets Related Terms
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Akzo Nobel NV (Akzo Nobel NV) Business Description
Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.
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