Nucor (FRA:NUO) Total Assets : €31,218 Mil (As of Mar. 2024)

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What is Nucor Total Assets?

Nucor's Total Assets for the quarter that ended in Mar. 2024 was €31,218 Mil.

During the past 12 months, Nucor's average Total Assets Growth Rate was 2.80% per year. During the past 3 years, the average Total Assets Growth Rate was 18.20% per year. During the past 5 years, the average Total Assets Growth Rate was 13.80% per year. During the past 10 years, the average Total Assets Growth Rate was 8.30% per year.

During the past 13 years, Nucor's highest 3-Year average Total Assets Growth Rate was 35.00%. The lowest was -1.80%. And the median was 11.50%.

Total Assets is connected with ROA %. Nucor's annualized ROA % for the quarter that ended in Mar. 2024 was 9.77%. Total Assets is also linked to Revenue through Asset Turnover. Nucor's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Nucor Total Assets Historical Data

The historical data trend for Nucor'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.

Nucor Total Assets Chart

Nucor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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16,510.20

16,543.07

22,853.42

30,660.37

32,407.24

Nucor Quarterly Data
	Jun19	Sep19	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															30,118.13	30,809.66	32,108.92	32,407.24	31,217.92

Nucor 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.

Nucor'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 )
	=	20287.482	+	12119.755
	=	32,407

Nucor'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 )
	=	19987.477	+	11230.446
	=	31,218

Nucor (FRA:NUO) Total Assets Explanation

Total Assets is connected with ROA %.

Nucor'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 )
	=	3109.016	/	( (32407.238	+	31217.923)	/ 2 )
	=	3109.016	/	31812.5805
	=	9.77 %

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.

Nucor'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 )
=	7486.116	/	( (32407.238	+	31217.923)	/ 2 )
=	7486.116	/	31812.5805
=	0.24

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.

Nucor Total Assets Related Terms

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Nucor (FRA:NUO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (FRA:NUO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NUE:USA NUE:Mexico N1UE34:Brazil NUE:Argentina

Address

1915 Rexford Road, Charlotte, NC, USA, 28211

Website

https://www.nucor.com

Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

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