Omnova Solutions (Omnova Solutions) Total Assets : $554.4 Mil (As of Feb. 2020)

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What is Omnova Solutions Total Assets?

Omnova Solutions's Total Assets for the quarter that ended in Feb. 2020 was $554.4 Mil.

Total Assets is connected with ROA %. Omnova Solutions's annualized ROA % for the quarter that ended in Feb. 2020 was -2.81%. Total Assets is also linked to Revenue through Asset Turnover. Omnova Solutions's Asset Turnover for the quarter that ended in Feb. 2020 was 0.28.

Omnova Solutions Total Assets Historical Data

The historical data trend for Omnova 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.

* Premium members only.

Omnova Solutions Total Assets Chart

Omnova Solutions Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Total Assets

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687.20

687.30

612.80

589.20

556.10

Omnova Solutions Quarterly Data
	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20
Total Assets	Get a 7-Day Free Trial															581.00	583.90	570.20	556.10	554.40

Omnova Solutions 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.

Omnova Solutions's Total Assets for the fiscal year that ended in Nov. 2019 is calculated as

Total Assets	=	Total Equity (A: Nov. 2019 )	+	Total Liabilities (A: Nov. 2019 )
	=	20.9	+	535.2
	=	556.1

Omnova Solutions's Total Assets for the quarter that ended in Feb. 2020 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2020 )	+	Total Liabilities (Q: Feb. 2020 )
	=	17.2	+	537.2
	=	554.4

Omnova Solutions (NYSE:OMN) Total Assets Explanation

Total Assets is connected with ROA %.

Omnova Solutions's annualized ROA % for the quarter that ended in Feb. 2020 is

ROA %	=	Net Income (Q: Feb. 2020 )	/	( (Total Assets (Q: Nov. 2019 )	+	Total Assets (Q: Feb. 2020 ))	/ count )
	=	-15.6	/	( (556.1	+	554.4)	/ 2 )
	=	-15.6	/	555.25
	=	-2.81 %

Note: The Net Income data used here is four times the quarterly (Feb. 2020) 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.

Omnova Solutions's Asset Turnover for the quarter that ended in Feb. 2020 is

	Asset Turnover
=	Revenue (Q: Feb. 2020 )	/	( (Total Assets (Q: Nov. 2019 )	+	Total Assets (Q: Feb. 2020 ))	/ count )
=	155.6	/	( (556.1	+	554.4)	/ 2 )
=	155.6	/	555.25
=	0.28

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.

Omnova Solutions Total Assets Related Terms

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Omnova Solutions (Omnova Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Omnova Solutions Inc (NYSE:OMN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

25435 Harvard Road, Beachwood, OH, USA, 44122-6201

Website

https://www.omnova.com

Omnova Solutions Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into two segments based on the product type. Its performance materials segment, which sells latex, lubricants, plastics, and powders used in the production of paper and packaging materials, carpets, tires, cords, synthetic latex gloves, and rubber products. The specialty chemical segment sells vinyl acrylics, styrene, plastic pigments, and polyethylene resins used in the production of textiles, oil and gas, coatings, construction materials, and personal care products. It generates a majority of revenue from the Specialty Solutions segment. Geographically, the company's majority of revenue comes from the United States.

Executives

Anne P Noonan	officer: President & CEO	25435 HARVARD RD, BEACHWOOD OH 44122
Allan R Rothwell	director	C/O COMPASS MINERALS, 9900 WEST 109TH STREET, SUITE 600, OVERLAND PARK KS 66210
James A Mitarotonda	director	888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Joseph M Gingo	director	3550 WEST MARKET STREET, AKRON OH 44333
Michael J Merriman	director	C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
David J Dantoni	director	C/O COMPASS MINERALS, 9900 WEST 109TH STREET, SUITE 600, OVERLAND PARK KS 66210
Janet Plaut Giesselman	director	25435 HARVARD RD., BEACHWOOD OH 44122
Larry B Porcellato	director	ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136
Paul F Desantis	officer: SVP, CFO; Treasurer	25435 HARVARD RD, BEACHWOOD OH 44122-6201
Donald B. Mcmillan	officer: Chief Accounting Officer	25435 HARVARD RD, BEACHWOOD OH 44122
Robert A Stefanko	director	3550 W MARKET ST, AKRON OH 44333
Edward P Campbell	director	C/O KEYCORP, 127 PUBLIC SQUARE, CLEVELAND OH 44114
David A. Daberko	director	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Gregory T Troy	officer: Senior VP Human Resources	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002