General Electric Co's Total Assets for the quarter that ended in Jun. 2023 was $163,006 Mil.
During the past 12 months, General Electric Co's average Total Assets Growth Rate was -15.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -9.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -10.70% per year.
During the past 10 years, the average Total Assets Growth Rate was -12.60% per year.
During the past 13 years, General Electric Co's highest 3-Year average Total Assets Growth Rate was 61.30%. The lowest was -19.60%. And the median was 4.40%.
Total Assets is connected with ROA %. General Electric Co's annualizedROA % for the quarter that ended in Jun. 2023 was 0.09%. Total Assets is also linked to Revenue through Asset Turnover. General Electric Co's Asset Turnover for the quarter that ended in Jun. 2023 was 0.10.
General Electric Co Total Assets Historical Data
The historical data trend for General Electric Co'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.
General Electric Co Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Total Assets
311,072.00
265,177.00
256,211.00
198,874.00
187,788.00
General Electric Co Quarterly Data
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Total Assets
185,540.00
180,877.00
187,788.00
164,472.00
163,006.00
General Electric Co 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.
General Electric Co's Total Assets for the fiscal year that ended in Dec. 2022 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.
General Electric Co (NYSE:GE) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jun. 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.
General Electric Co's Asset Turnover for the quarter that ended in Jun. 2023 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.
General Electric Co Total Assets Related Terms
Thank you for viewing the detailed overview of General Electric Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
General Electric Co (NYSE:GE) Business Description
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by former Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the storied conglomerate based on lean principles.
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