GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NorthWestern Energy Group Inc (NAS:NWE) » Definitions » Total Assets

NorthWestern Energy Group (NorthWestern Energy Group) Total Assets

: $7,601 Mil (As of Dec. 2023)
View and export this data going back to 2007. Start your Free Trial

NorthWestern Energy Group's Total Assets for the quarter that ended in Dec. 2023 was $7,601 Mil.

During the past 12 months, NorthWestern Energy Group's average Total Assets Growth Rate was 3.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.90% per year. During the past 5 years, the average Total Assets Growth Rate was 6.20% per year. During the past 10 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 13 years, NorthWestern Energy Group's highest 3-Year average Total Assets Growth Rate was 45.20%. The lowest was -4.70%. And the median was 6.10%.

Total Assets is connected with ROA %. NorthWestern Energy Group's annualized ROA % for the quarter that ended in Dec. 2023 was 4.43%. Total Assets is also linked to Revenue through Asset Turnover. NorthWestern Energy Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.


NorthWestern Energy Group Total Assets Historical Data

The historical data trend for NorthWestern Energy Group'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.

* Premium members only.

NorthWestern Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,083.49 6,389.45 6,780.44 7,317.78 7,600.65

NorthWestern Energy Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,317.78 7,280.99 7,294.24 7,429.50 7,600.65

NorthWestern Energy Group 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.

NorthWestern Energy Group'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 )
=2785.314+4815.338
=7,601

NorthWestern Energy Group'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 )
=2785.314+4815.338
=7,601

* 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.


NorthWestern Energy Group  (NAS:NWE) Total Assets Explanation

Total Assets is connected with ROA %.

NorthWestern Energy Group'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 )
=332.568/( (7429.499+7600.652)/ 2 )
=332.568/7515.0755
=4.43 %

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.

NorthWestern Energy Group'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 )
=356.009/( (7429.499+7600.652)/ 2 )
=356.009/7515.0755
=0.05

* 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.

NorthWestern Energy Group Total Assets Related Terms

Thank you for viewing the detailed overview of NorthWestern Energy Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


NorthWestern Energy Group (NorthWestern Energy Group) Business Description

Traded in Other Exchanges
Address
3010 West 69th Street, Sioux Falls, SD, USA, 57108
NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric utility operations, which include the generation, purchase, transmission, and distribution of electricity, and Natural Gas utility operations, which include the production, purchase, transmission, storage, and distribution of natural gas. The company uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of retail electric utility revenue from commercial and residential sales.
Executives
Bleau Lafave officer: VP Asset Mgmt & Bus Dvlpmt 3010 W. 69TH STREET, SIOUX FALLS SD 57108
Sherina M. Edwards director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jan Robert Horsfall director
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Cynthia Fang officer: Vice President - Regulatory 208 N. MONTANA AVE., SUITE 200, HELENA MT 59601
Shannon Heim officer: Vice President and GC 208 N. MONTANA AVE., SUITE 200, HELENA MT 59601
Bobbi L Schroeppel officer: VP Cust. Care & Communications 125 S. DAKOTA AVENUE, SIOUX FALLS SD 57104
Brian B Bird officer: VP, CFO & Treasurer 125 S DAKOTA AVE, SIOUX FALLS SD 57104
Michael R Cashell officer: Vice President - Transmission 40 EAST BROADWAY STREET, BUTTE MT 59701
Robert C Rowe director, officer: President & CEO 3010 WEST 69TH STREET, SIOUX FALLS SD 57108
Jason Merkel officer: VP - Distribution 1313 NORTH LAST CHANCE GULCH, HELENA MT 59601
Kent T Larson director 3010 W. 69TH STREET, SIOUX FALLS SD 57108
Curtis T Pohl officer: Vice President - Distribution 125 S. DAKOTA AVENUE, SIOUX FALLS SD 57104
Anthony Thomas Clark director 3010 W 69TH STREET, SIOUX FALLS SD 57108
H. Grahame Heather officer: VP & General Counsel 209 N. MONTANA AVENUE, SUITE 205, HELENA MT 59601

NorthWestern Energy Group (NorthWestern Energy Group) Headlines