Elbit Systems (Elbit Systems) Total Assets : $9,740 Mil (As of Dec. 2023)

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What is Elbit Systems Total Assets?

Elbit Systems's Total Assets for the quarter that ended in Dec. 2023 was $9,740 Mil.

During the past 12 months, Elbit Systems's average Total Assets Growth Rate was 5.90% per year. During the past 3 years, the average Total Assets Growth Rate was 7.00% per year. During the past 5 years, the average Total Assets Growth Rate was 8.90% per year. During the past 10 years, the average Total Assets Growth Rate was 12.20% per year.

During the past 13 years, Elbit Systems's highest 3-Year average Total Assets Growth Rate was 42.20%. The lowest was 2.00%. And the median was 13.30%.

Total Assets is connected with ROA %. Elbit Systems's annualized ROA % for the quarter that ended in Dec. 2023 was 1.24%. Total Assets is also linked to Revenue through Asset Turnover. Elbit Systems's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.

Elbit Systems Total Assets Historical Data

The historical data trend for Elbit Systems'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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Elbit Systems Total Assets Chart

Elbit Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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7,335.36

8,057.90

9,317.34

9,215.65

9,739.58

Elbit Systems 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															9,215.65	9,464.75	9,559.51	9,615.25	9,739.58

Elbit Systems 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.

Elbit Systems'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 )
	=	2950.291	+	6789.291
	=	9,740

Elbit Systems'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 )
	=	2950.291	+	6789.291
	=	9,740

Elbit Systems (NAS:ESLT) Total Assets Explanation

Total Assets is connected with ROA %.

Elbit Systems'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 )
	=	120.032	/	( (9615.251	+	9739.582)	/ 2 )
	=	120.032	/	9677.4165
	=	1.24 %

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.

Elbit Systems'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 )
=	1625.794	/	( (9615.251	+	9739.582)	/ 2 )
=	1625.794	/	9677.4165
=	0.17

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.

Elbit Systems Total Assets Related Terms

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Elbit Systems (Elbit Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Elbit Systems Ltd (NAS:ESLT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ESLT:Israel EB2:Germany

Address

Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401

Website

https://www.elbitsystems.com

Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.