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Commercial Vehicle Group's Total Assets for the quarter that ended in Dec. 2023 was $483.2 Mil.
During the past 12 months, Commercial Vehicle Group's average Total Assets Growth Rate was 1.60% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 3.20% per year.
During the past 13 years, Commercial Vehicle Group's highest 3-Year average Total Assets Growth Rate was 40.20%. The lowest was -25.50%. And the median was 3.40%.
Total Assets is connected with ROA %. Commercial Vehicle Group's annualized ROA % for the quarter that ended in Dec. 2023 was 19.02%. Total Assets is also linked to Revenue through Asset Turnover. Commercial Vehicle Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.46.
The historical data trend for Commercial Vehicle 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.
Commercial Vehicle Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 435.83 | 454.37 | 507.69 | 470.27 | 483.21 |
Commercial Vehicle Group Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Total Assets | Get a 7-Day Free Trial | 470.27 | 497.84 | 500.49 | 496.04 | 483.21 |
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.
Commercial Vehicle 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 ) |
= | 172.932 | + | 310.282 | |
= | 483.2 |
Commercial Vehicle Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (Q: Dec. 2023 ) | + | Total Liabilities (Q: Dec. 2023 ) |
= | 172.932 | + | 310.282 | |
= | 483.2 |
* 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.
Commercial Vehicle Group (NAS:CVGI) Total Assets Explanation
Total Assets is connected with ROA %.
Commercial Vehicle Group's annualized ROA % for the quarter that ended in Dec. 2023 is
ROA % | = | Net Income (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 93.124 | / | ( (496.042 | + | 483.214) | / 2 ) | |
= | 93.124 | / | 489.628 | ||||
= | 19.02 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.
Commercial Vehicle Group's Asset Turnover for the quarter that ended in Dec. 2023 is
Asset Turnover | ||||||
= | Revenue (Q: Dec. 2023 ) | / | ( (Total Assets (Q: Sep. 2023 ) | + | Total Assets (Q: Dec. 2023 )) | / count ) |
= | 223.089 | / | ( (496.042 | + | 483.214) | / 2 ) |
= | 223.089 | / | 489.628 | |||
= | 0.46 |
* 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.
Thank you for viewing the detailed overview of Commercial Vehicle Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Melanie K. Cook | director | 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224 |
Roger L Fix | director | |
Chung Kin Cheung | officer: EVP & CFO | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Aneezal H Mohamed | officer: General Counsel, Cmp Ofc & Sec | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Richard Iii Tajer | officer: SVP & Chief Commercial Officer | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Kristin S Mathers | officer: Chief HR Officer | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Christopher H Bohnert | officer: CFO & Chief Accounting Officer | 2780 WATERFRONT PARKWAY EAST DRIVE, SUITE 200, INDIANAPOLIS IN 46214 |
Harold C Bevis | director | 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615 |
J Michael Nauman | director | C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532 |
Ruth Gratzke | director | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Angela M O'leary | other: VP, Controller & Ch Acct Offcr | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Edmund S Carney | officer: Interim CFO | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Ray James R Jr | director | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Bowen Douglas F Jr. | officer: SVP & Managing Director | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Janice E Stipp | director | 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301 |
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