Nu Holdings (Nu Holdings) Total Assets : $43,498 Mil (As of Dec. 2023)

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What is Nu Holdings Total Assets?

Nu Holdings's Total Assets for the quarter that ended in Dec. 2023 was $43,498 Mil.

During the past 12 months, Nu Holdings's average Total Assets Growth Rate was 62.40% per year. During the past 3 years, the average Total Assets Growth Rate was 30.60% per year. During the past 5 years, the average Total Assets Growth Rate was 43.70% per year.

During the past 6 years, Nu Holdings's highest 3-Year average Total Assets Growth Rate was 52.50%. The lowest was 27.50%. And the median was 30.60%.

Total Assets is connected with ROA %. Nu Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 3.65%. Total Assets is also linked to Revenue through Asset Turnover. Nu Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Nu Holdings Total Assets Historical Data

The historical data trend for Nu Holdings'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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Nu Holdings Total Assets Chart

Nu Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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6,760.03

10,154.25

19,858.68

29,934.87

43,498.45

Nu Holdings Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial											29,934.87	29,489.39	33,608.08	35,693.24	43,498.45

Nu Holdings 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.

Nu Holdings'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 )
	=	6406.385	+	37092.064
	=	43,498

Nu Holdings'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 )
	=	6406.385	+	37092.064
	=	43,498

Nu Holdings (NYSE:NU) Total Assets Explanation

Total Assets is connected with ROA %.

Nu Holdings'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 )
	=	1443.508	/	( (35693.242	+	43498.449)	/ 2 )
	=	1443.508	/	39595.8455
	=	3.65 %

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.

Nu Holdings'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 )
=	1692.505	/	( (35693.242	+	43498.449)	/ 2 )
=	1692.505	/	39595.8455
=	0.04

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.

Nu Holdings Total Assets Related Terms

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Nu Holdings (Nu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nu Holdings Ltd (NYSE:NU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NU:Mexico M1Z:Germany M1Z:Germany M1Z:Germany ROXO34:Brazil

Address

Willow House, Cricket Square, 4th Floor, Grand Cayman, CYM, KY1-9010

Website

https://www.nubank.com.br

Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.