Jacobs Solutions's Total Assets for the quarter that ended in Dec. 2023 was $14,952 Mil.
During the past 12 months, Jacobs Solutions's average Total Assets Growth Rate was 0.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.20% per year.
During the past 13 years, Jacobs Solutions's highest 3-Year average Total Assets Growth Rate was 44.20%. The lowest was -5.10%. And the median was 14.10%.
Total Assets is connected with ROA %. Jacobs Solutions's annualizedROA % for the quarter that ended in Dec. 2023 was 4.64%. Total Assets is also linked to Revenue through Asset Turnover. Jacobs Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.
Jacobs Solutions Total Assets Historical Data
The historical data trend for Jacobs Solutions'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.
Jacobs Solutions's Total Assets for the fiscal year that ended in Sep. 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.
Jacobs Solutions (NYSE:J) 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.
Jacobs Solutions'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.
Jacobs Solutions Total Assets Related Terms
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Jacobs Solutions (Jacobs Solutions) Business Description
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.
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