Rockwell Automation's Total Assets for the quarter that ended in Dec. 2023 was $11,333 Mil.
Warning Sign:
If a company builds assets at 17.9% a year, faster than its revenue growth rate of 7.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Rockwell Automation's average Total Assets Growth Rate was 1.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 17.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.60% per year.
During the past 13 years, Rockwell Automation's highest 3-Year average Total Assets Growth Rate was 26.30%. The lowest was -17.40%. And the median was 2.00%.
Total Assets is connected with ROA %. Rockwell Automation's annualizedROA % for the quarter that ended in Dec. 2023 was 7.61%. Total Assets is also linked to Revenue through Asset Turnover. Rockwell Automation's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.
Rockwell Automation Total Assets Historical Data
The historical data trend for Rockwell Automation'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.
Rockwell Automation'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.
Rockwell Automation (NYSE:ROK) 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.
Rockwell Automation'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.
Rockwell Automation Total Assets Related Terms
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Rockwell Automation (Rockwell Automation) Business Description
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.
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