OneWater Marine's Total Assets for the quarter that ended in Dec. 2023 was $1,693 Mil.
During the past 12 months, OneWater Marine's average Total Assets Growth Rate was 1.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 60.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 37.90% per year.
During the past 7 years, OneWater Marine's highest 3-Year average Total Assets Growth Rate was 60.00%. The lowest was 16.40%. And the median was 32.85%.
The historical data trend for OneWater Marine'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.
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.
OneWater Marine's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
OneWater Marine (NAS:ONEW) Total Assets Explanation
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.
OneWater Marine's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
OneWater Marine Total Assets Related Terms
Thank you for viewing the detailed overview of OneWater Marine's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
OneWater Marine (OneWater Marine) Business Description
OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segment- Dealerships and Distribution. Its dealer groups are located throughout the Southeast, Gulf Coast, Mid-Atlantic, and Northeast. The company's revenue profile is comprised of new boat sales, pre-owned boat sales, finance and insurance products, repair and maintenance services, and parts and accessories. Majority of revenue is generated from sale of new boats.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ONEW has been successfully added to your 