International Business Machines's Total Assets for the quarter that ended in Dec. 2023 was $135,241 Mil.
During the past 12 months, International Business Machines's average Total Assets Growth Rate was 2.80% per year.
During the past 3 years, the average Total Assets Growth Rate was -5.00% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 1.80% per year.
During the past 13 years, International Business Machines's highest 3-Year average Total Assets Growth Rate was 13.90%. The lowest was -7.30%. And the median was 2.70%.
Total Assets is connected with ROA %. International Business Machines's annualizedROA % for the quarter that ended in Dec. 2023 was 9.94%. Total Assets is also linked to Revenue through Asset Turnover. International Business Machines's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.
International Business Machines Total Assets Historical Data
The historical data trend for International Business Machines'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.
International Business Machines 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.
International Business Machines'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.
International Business Machines (NYSE:IBM) Total Assets Explanation
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.
International Business Machines's Asset Turnover for the quarter that ended in Dec. 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.
International Business Machines Total Assets Related Terms
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International Business Machines (International Business Machines) Business Description
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
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