Penske Automotive Group's Total Assets for the quarter that ended in Dec. 2020 was $13,247 Mil.
Warning Sign:
If a company builds asset at 11.9% a year, faster than its revenue growth rate of 4.2% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, Penske Automotive Group's average Total Assets Growth Rate was -5.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.40% per year.
During the past 13 years, Penske Automotive Group's highest 3-Year average Total Assets Growth Rate was 70.60%. The lowest was -5.30%. And the median was 13.40%.
Total Assets is connected with ROA %. Penske Automotive Group's annualizedROA % for the quarter that ended in Dec. 2020 was 6.10%. Total Assets is also linked to Revenue through Asset Turnover. Penske Automotive Group's Asset Turnover for the quarter that ended in Dec. 2020 was 0.44.
Penske Automotive Group Total Assets Historical Data
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
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Penske Automotive Group Annual Data
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Total Assets
8,833.00
10,540.60
10,904.50
13,942.70
13,247.20
Penske Automotive Group Quarterly Data
Mar16
Jun16
Sep16
Dec16
Mar17
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Total Assets
13,942.70
13,816.80
12,876.10
13,009.70
13,247.20
Penske Automotive 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.
Penske Automotive Group's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as
Note:
The Net Income data used here is four times the quarterly (Dec. 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.
Penske Automotive Group's Asset Turnover for the quarter that ended in Dec. 2020 is
* All numbers are in millions except for per share data and ratio. All numbers 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.
Penske Automotive Group Total Assets Related Terms
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