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Penske Automotive Group Total Assets

: $13,222 Mil (As of Mar. 2021)
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Penske Automotive Group's Total Assets for the quarter that ended in Mar. 2021 was $13,222 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 -1.90% 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 annualized ROA % for the quarter that ended in Mar. 2021 was 5.52%. Total Assets is also linked to Revenue through Asset Turnover. Penske Automotive Group's Asset Turnover for the quarter that ended in Mar. 2021 was 0.44.


Penske Automotive Group Total Assets Historical Data

* 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.

Penske Automotive Group Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,833.00 10,540.60 10,904.50 13,942.70 13,247.20

Penske Automotive Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 13,816.80 12,876.10 13,009.70 13,247.20 13,222.00

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

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=3326.1+9921.1
=13,247

Penske Automotive Group's Total Assets for the quarter that ended in Mar. 2021 is calculated as

Total Assets=Total Equity (Q: Mar. 2021 )+Total Liabilities (Q: Mar. 2021 )
=3484.7+9737.3
=13,222

* 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.


Penske Automotive Group  (NYSE:PAG) Total Assets Explanation

Total Assets is connected with ROA %.

Penske Automotive Group's annualized ROA % for the quarter that ended in Mar. 2021 is

ROA %=Net Income (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=730/( (13247.2+13222)/ 2 )
=730/13234.6
=5.52 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) 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 Mar. 2021 is

Asset Turnover
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=5773.8/( (13247.2+13222)/ 2 )
=5773.8/13234.6
=0.44

* 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.

Penske Automotive Group Total Assets Related Terms


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