Acuity Brands's Total Assets for the quarter that ended in Feb. 2024 was $3,526 Mil.
During the past 12 months, Acuity Brands's average Total Assets Growth Rate was -3.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 0.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.90% per year.
During the past 13 years, Acuity Brands's highest 3-Year average Total Assets Growth Rate was 20.10%. The lowest was -6.10%. And the median was 3.35%.
Total Assets is connected with ROA %. Acuity Brands's annualizedROA % for the quarter that ended in Feb. 2024 was 10.21%. Total Assets is also linked to Revenue through Asset Turnover. Acuity Brands's Asset Turnover for the quarter that ended in Feb. 2024 was 0.26.
Acuity Brands Total Assets Historical Data
The historical data trend for Acuity Brands'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.
Acuity Brands's Total Assets for the fiscal year that ended in Aug. 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.
Acuity Brands'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.
Acuity Brands Total Assets Related Terms
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Acuity Brands (Acuity Brands) Business Description
Acuity Brands Inc is the parent company of Acuity Brands Lighting and other subsidiaries, which provide lighting products for commercial, institutional, industrial, and residential applications. These products include luminaires, lighting controls, lighting components, and integrated lighting systems that use a combination of light sources. Customers include electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A majority of the firms' revenue is generated in the United States.
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