Martinrea International (Martinrea International) Total Assets : $2,974 Mil (As of Dec. 2023)

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What is Martinrea International Total Assets?

Martinrea International's Total Assets for the quarter that ended in Dec. 2023 was $2,974 Mil.

During the past 12 months, Martinrea International's average Total Assets Growth Rate was -4.50% per year. During the past 3 years, the average Total Assets Growth Rate was 5.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 13 years, Martinrea International's highest 3-Year average Total Assets Growth Rate was 127.10%. The lowest was -11.00%. And the median was 12.25%.

Total Assets is connected with ROA %. Martinrea International's annualized ROA % for the quarter that ended in Dec. 2023 was 0.18%. Total Assets is also linked to Revenue through Asset Turnover. Martinrea International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

Martinrea International Total Assets Historical Data

The historical data trend for Martinrea International'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.

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Martinrea International Total Assets Chart

Martinrea International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,349.68

2,629.72

2,829.18

3,049.78

2,973.86

Martinrea International 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															3,049.78	3,158.21	3,188.50	3,192.50	2,973.86

Martinrea International 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.

Martinrea International'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 )
	=	1092.115	+	1881.745
	=	2,974

Martinrea International'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 )
	=	1092.115	+	1881.745
	=	2,974

Martinrea International (OTCPK:MRETF) Total Assets Explanation

Total Assets is connected with ROA %.

Martinrea International'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 )
	=	5.516	/	( (3192.498	+	2973.86)	/ 2 )
	=	5.516	/	3083.179
	=	0.18 %

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.

Martinrea International'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 )
=	966.101	/	( (3192.498	+	2973.86)	/ 2 )
=	966.101	/	3083.179
=	0.31

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.

Martinrea International Total Assets Related Terms

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Martinrea International (Martinrea International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (OTCPK:MRETF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

03M:Germany MRE:Canada

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.